Tag: apple pay

Samsung browses Blackberry

Samsung Browses BlackberryA breaking story  today entails Samsung’s approach to Blackberry Ltd. in talks to buy the embattled smartphone maker for a reported $7.5 billion – Samsung is apparently buffing up their intellectual property portfolio to stave off a continuing onslaught by Apple Inc. The news sent Blackberry’s stock price up 30 percent.

Samsung offered a trading range of $13.25 to $15.49 per share, a premium of 38 percent to 60 percent over Blackberry’s current trading price according to Reuters. What’s not clear is the depth of the deal and what it might entail – there’s speculation that the deal has several versions that are currently under discussion. That the story was leaked and by who leaves one wondering whether this is a negotiation tactic or just business as usual.

BlackBerry announced in November a high-profile security partnership with Samsung. The partnership aims to wed BlackBerry’s security platform with the South Korean company’s own security software for Galaxy devices.

Blackberry has been struggling to regain lost momentum in a competitively crowded market. Samsung’s smartphone business is experiencing losses from lower price Chinese competitors which now are affecting their semiconductor division – reports of bargain prices for NAND-Flash smartphone memory devices are widely circulated.

Techeye Take

Analyzing Samsung’s needs, wants and desires indicate the company is obsessing over security – key to the company’s entry into the electronic wallet market space. Secure communications is and will continue to be a premier element of the continued evolution of the smartphone market – even governments demand it.

The question remains, will this set off a bidding war for Blackberry?..,


Both Samsung and Blackberry have denied that they are in talks for Samsung to takeover the Canadian company.

“BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry,” the company said in a statement Wednesday.

Post Script

Where there’s smoke there’s generally fire – stay tuned…,

Apple apologist hack hit by instant karma


Samuel Burke

Just when you thought that Apple’s super bendy, overpriced, low spec iPhone 6 could not be a bigger lemon, it turns out that using its Pay function will cost you an arm and a leg.

It seems that not just the design geniuses at Apple need firing for the iPhone 6, but the programmers should also get a written warning and a lecture from HR.

Jobs’ Mob’ much over praised Apple Pay double charges users for no apparent reason. Multiple users have reported being charged twice for a single purchase when using the new NFC-based mobile payments system, which just went live on October 20.

Fortunately, at least one person who suffered from having their bank accounts emptied by their shiny toys were the same people who had been praising it to the skies when the iPhone 6 was launched.

The Tame Apple Press’s appropriately named CNN Tech reporter Samuel Burke  who rushed to Apple’s defence during bendgate by insisting that the iPhone 6 did  not bend found himself dealing with some instant karma for telling people about how brilliant the product was.

Burke moaned he was billed twice for every Apple Pay purchase he made with his Bank of America card via Apple Pay. Multiple Twitter users reported the same problem, and most complaints are coming from those Bank of America cards.

The Bank of America claims that the problem is with Apple Pay and not the bank, according to Burke’s report, and said in a statement that all duplicate charges will be reimbursed.

Apple of course trotted out its usual line that only a small number of users were affected and insisted it was a Bank of America problem.