BARCELONA, Spain--Google's Sundar Pichai confirmed that the search giant will launch an MVNO in the U.S. on a limited basis in "the coming months" to spur innovation in the wireless market. Although Pichai did not indicate which carrier or carriers Google will work with, several reports last month indicated that the partners are Sprint and T-Mobile US.
BARCELONA, Spain--Samsung Electronics unveiled the next versions of its flagship line of smartphones, the Galaxy S6 and S6 Edge, with high hopes that these devices will be a bigger hit than their predecessor, the S5. The two smartphones are dramatically different from the plastic-backed progenitors of the Galaxy S family because they have metal bodies.
Google is going to unveil a new API called Android Pay at its I/O developer conference in late May, according to an Ars Technica report, and the platform will enable payments in brick-and-mortar stores and in-app payments for third-party applications.
Google hopes to unveil a new mobile payments service at its I/O developer conference at the end of May, according to a Wall Street Journal article.
Samsung Electronics acquired mobile payment company LoopPay and said it will integrate the Boston-based startup's technology into future devices. Samsung is widely expected to announce the next iteration of its flagship Galaxy Android smartphone, likely the S6, at the upcoming Mobile World Congress trade show, and that device may well be the first to integrate LoopPay's technology.
Apple CEO Tim Cook said the company's blockbuster holiday quarter proved that the company did not need to make a cheaper iPhone in order to continue to grow its smartphone business. He reiterated that Apple will not make a less expensive iPhone for the sake of making one, and will continue to focus on making great products.
Google is interested in buying mobile payments company Softcard, according to multiple reports, in a deal that would bring Google into closer alignment with wireless carriers and that would consolidate the payments market just as Apple Pay is getting off the ground.
Softcard, the mobile payments company backed by Verizon Wireless, AT&T Mobility and T-Mobile US, has cut 60 employees amid a restructuring. While Softcard insists the layoffs won't affect its pursuit of the mobile payments space, the layoffs are an indication that the mobile payment market remains in flux, especially amid the introduction of Apple Pay and other competing offerings.
TDC, Telenor, Telia and Three Denmark have sold their mobile payments venture Paii to a rival company owned by banks, conceding that payment activities are perhaps more suited to financial institutions than telecoms service providers.
Merchant Customer Exchange CEO Dekkers Davidson said that the exclusive arrangement that bars MCX merchants from using Apple Pay will expire in "months, not years."