Apple has officially launched Apple Pay Cash today for all iOS 11.2 users with an eligible iPhone or iPad model in the United States. Apple Pay Cash allows for quick person-to-person money transfers, much like competing services..
Xiaomi filed today to go public in Hong Kong in what is expected to be the world’s biggest initial public offering since Alibaba’s $25 billion market debut in 2014. It’s the first major company to announce plans to go public in Hong Kong after its stock exchange pushed through new rules to lure tech firms.
Samsung
Samsung today announced its acquisition of Zhilabs, known for its Artificial Intelligence (AI)-based network and service analytics, to further enhance its 5G capabilities. The acquisition lays the foundation for Samsung to foster its 5G offerings of automation and network analytics to finely tune the customer experiences in the 5G era.
BlackBerry
BlackBerry has provided further details regarding the proposed refinancing of its outstanding US$605 million principal amount of 3.75% unsecured convertible debentures, which mature on November 13, 2020. BlackBerry announced the proposed refinancing on July 22, 2020, and intends to complete the transaction on September 1, 2020.