Facebook, Telegram and Signal plan to utilize their messaging services as platforms to launch new cryptocurrencies over the next year. Their virtual currencies will allow users to send money to contacts around the world via the messaging services. According to inside sources, Facebook has been secretly working on a coin for WhatsApp that users could “instantly” send to friends or family. Facebook’s WhatsApp project is developed to the point that the company is already in discussions with cryptocurrency exchanges. Continue reading Cryptocurrencies to Launch Soon From Messaging Services

According to an Ericsson Mobility report, 5G will have the fastest rollout in mobile history, achieving mass market status in 2020 and available in 40 percent of the world by 2024. As a provider of 5G infrastructure hardware, Ericsson is well positioned to make this prediction, although it tempered its own enthusiasm by warning that, “many challenges lie ahead.” Ericsson based its forecast on the fact that manufacturers are building 5G chips and devices and consumer anticipation for 5G is higher than previous generations. Continue reading Ericsson Forecast: 5G Rollout Will Set New Record for Speed

In South Korea, where eSports was born, a world championship match-up between the Chinese team Invictus Gaming and European team Fnatic was watched by tens of millions of fans around the world. The two battled out the championship finals of “League of Legends” in a 50,000-seat stadium in Incheon, where the Chinese team won the championship for the first time. Riot Games’ “League of Legends” (dubbed LoL by fans), released ten years ago, is still highly esteemed in the $13 billion global gaming industry. Continue reading ‘League of Legends’ Tournament Highlights eSports Growth

Some Indian leaders are resisting the dominance of U.S. Internet platforms and services such as Facebook’s WhatsApp, Google’s Android mobile operating system and Amazon’s e-commerce business, calling it a form of colonialism and vowing to regulate these foreign companies, especially regarding what they do with users’ personal data and how they might undercut prices offered by local businesses. India’s smartphone market, second largest in the world, is dominated by offerings from China, Taiwan and South Korea. Continue reading India Concerned Over Dominance of U.S. Internet Companies

Samsung Electronics has debuted the Galaxy Note 9, which features a 6.4-inch screen, a revamped Bluetooth stylus and an upgraded camera. The company hopes that the Note 9, which is priced between $999.99 and $1,249.99, will revive sales and help it compete with Apple iPhones, especially over the upcoming holiday season. The Note 9’s chief selling point is the S Pen, a new stylus that enables remote camera control, switching between presentation slides, and more accuracy writing and drawing on the device’s screen. The camera also adds enhanced colors and exposure. Continue reading Samsung Unveils Galaxy Note 9, Inks Partnership with Spotify

Samsung Electronics plans to debut a smartphone, codenamed “Winner,” with a foldable screen early next year, according to sources. The screen measures about 7 inches diagonally and can be folded in half, similar to a wallet. In the folded position, the exterior has cameras on one side and a small display bar on the other. Unfolded, the phone will be almost entirely screen. Samsung’s phone could help spark a comeback in the smartphone market, where sales have dipped 0.3 percent in 2017, the first in the industry’s history, notes IDC. Continue reading Samsung Reportedly Plans to Debut Foldable Phone in 2019

Apple and Samsung have settled their long-running patent dispute over allegations that Samsung had violated design and utility patents by copying various iPhone features. The seven-year battle began in 2011, initially resulting in a $1 billion ruling in favor of Apple. However, a number of appeals and countersuits sent the case to the Supreme Court and back, until yesterday when the two companies informed Judge Lucy Koh in a court filing that they had finally reached a settlement. Terms of the new agreement were not disclosed, but Samsung previously paid Apple $399 million for patent infringement. Continue reading Apple and Samsung Settle Legal Battle Over Phone Patents

A new report from the Pew Research Center notes that social media growth has stalled across developed markets but continues to expand in the developing world — good news for Facebook CEO Mark Zuckerberg and his plan to bring Internet access to emerging markets. Internet use and smartphone ownership has also plateaued in developed markets over 2015-2017, while expanding in emerging economies. Pew Research polled more than 40,000 citizens of 39 countries during February to May in 2017 to create its report. Continue reading Social Media Continues Growth Across Developing Markets

On Monday, YouTube increased international distribution of YouTube Premium, with its streaming hit “Cobra Kai” and other original content — and YouTube Music, with the Beatles’ album catalog. Both services have been available in the U.S., Australia, New Zealand, Mexico and South Korea, and the move represents a major push into international territories. YouTube Music, which is offered as an ad-supported free service or as the subscription-based Music Premium, is now available in both forms in the U.K. Continue reading New YouTube Premium and Music Services Go International

Some startups are trying to create another form of AI than deep learning, to minimize the amount of training, data and server power needed. Samsung Next, the South Korean company’s venture capital unit, just launched the Q Fund to jumpstart this idea by funding companies focusing on new ways of developing artificial intelligence. One of Q Fund’s first investments is Vicarious, a startup that wants to give machines “imagination” and is inspired by biology to make machines learn more quickly. Continue reading Samsung Fund to Boost Startups with New Approaches to AI

After working on foldable displays for years, multiple reports suggest that Samsung may be ready to introduce its first flexible smartphone in 2019 (possibly in time for Mobile World Congress in February). Dubbed the Galaxy X, the phone could cost as much as $1,850, according to Kim Jang-yeol of Golden Bridge Investment. Components needed to produce the new phones have reportedly already been ordered by the South Korean company, and in its end-of-2017 financial report Samsung addressed plans to “differentiate its smartphones by adopting cutting edge technologies, such as foldable OLED displays.” Continue reading Samsung Could Launch Foldable Galaxy X Phone Next Year

App Annie has released new stats regarding the first 10 years of Apple’s App Store. According to the analytics and market intelligence firm, there have been more than 170 billion downloads from Apple’s iOS store through December 2017, which represents in excess of $130 billion in spending. An increasing number of apps have exceeded the $1 million and $10 million consumer spending milestones, with “plenty more to come,” predicts App Annie. The U.S. leads the world with 40.1 billion downloads and $36 billion in consumer spending, followed closely by China and then Japan. Continue reading App Store Spending Predicted to Reach $75.7 Billion in 2022

With the European Union’s General Data Protection Regulation going into effect, technology companies are flooding email inboxes with updates to privacy policies. Though GDPR currently touts the strictest privacy regulations, Brazil, Japan and South Korea plan to enact their own strict laws. The EU is encouraging such regulations by tying them to some trade deals and promoting a global approach. The EU and its 28 member countries are also planning to enact stricter enforcement of antitrust laws and tougher tax policies for giant tech companies. Continue reading Aftermath of EU’s Data Privacy Law is Far-Reaching, Profound

Samsung has committed to integrating artificial intelligence and Internet connectivity into all its products by 2020, even as Google and Amazon beat the South Korean company to market with their AI-powered smart speakers. Samsung’s goal is to have every device from televisions to refrigerators synch with each other and drive demand for its smartphones. Samsung eventually plans to centralize these devices with its SmartThings app, acquired in 2014. It also will include its own virtual assistant Bixby, which debuted last year on its flagship Galaxy S8 smartphone. Continue reading Samsung Zeroes In on AI to Meet 2020 Goal for Smart Devices

Smart speakers continue their popularity, with nine million units shipped in Q1 2018, representing a 210 percent jump over Q1 2017, according to Canalys. In a first, global shipments of Google Home speakers surpassed those of Amazon’s popular Echo speakers. “Google shipped 3.2 million Home and Home Mini devices, versus 2.5 million Echo devices shipped by Amazon,” reports VentureBeat. “Google held an estimated 36.2 percent share for the quarter over Amazon’s 27.7 percent — a profound reversal from a year earlier, when Amazon had 79.6 percent of shipments to Google’s 19.3 percent.” Continue reading Google and Amazon Remain Leaders in Smart Speaker Market