Samsung to Raise Cash for Texas Plant Via Bond Sale
Samsung Electronics's U.S. operations today indicated that it is preparing to sell up to $1 billion in five-year bonds so that it can raise the funds it needs to operate its chip plant in Austin, Texas. Samsung needs financial institution support to run the sale and has sent proposals to several banks. Reuters reports that this would be Samsung's first major debt sale in more than 10 years. Samsung wants to increase its ability to produce chips and OLED screens for mobile devices.
Microsoft Adds PayPal 'Send Money' Tool to Skype
Aug 2, 2017
Microsoft today said the latest version of Skype for Android and iOS devices makes it possible to send funds to other Skype users via PayPal. Users will be able to send money through PayPal without leaving the Skype app.
LG Turning to OLED for V30's FullVision Display
Aug 3, 2017
LG today said its "next flagship smartphone" — widely believed to be the V30 — will be the first to adopt a plastic OLED FullVision display. LG has used plastic OLED before, notably on the 2015 Flex 2, which was in fact curved and flexible.
Apple Pay Cash Arrives In Latest iOS 11.2 Beta
Nov 7, 2017
Apple today released iOS 11.2 Beta 2 to public testers, one day after releasing the developer variant. Of note, iOS 11.2 Beta 2 introduces the Apple Pay Cash tool that Apple announced earlier this year.
Zelle P2P Payment App Reaches Consumers September 12
Sep 8, 2017
Zelle today said its mobile peer-to-peer payment application will reach the Google Play Store and iTunes App Store on Tuesday, September 12. The service has been in testing since June.
Gotta love Texas!