Samsung Electronics launched its own payment system called Samsung Pay. Currently the service is available only to residents of South Korea, but Samsung promises to soon come up with the novelty on the world market. To pay for goods, it is enough for Samsung Pay users to apply their smart phones to the reader at the store checkout. Among the gadgets that have support systems appear Galaxy S6,...

American manufacturer of communications Motorola Solutions plans to acquire the British service provider Airwave Solutions. The deal amounted to 1 billion pounds, or $ 1.6 billion. The information that companies are at the stage of negotiations was reported by Reuters news agency, citing an anonymous source familiar with the situation. Negotiations between Motorola and Airwave are on a high...

Employees of the British branch of the internet store Amazon complained that their working conditions lead to physical fatigue and burnout. It is reported by The Guardian. According to the leader of the British trade union Elly Baker, workers are under constant pressure. The announcement came after the article titled “Inside Amazon: Wrestling Big Ideas in a Bruising Workplace”, published August...

Contract electronics manufacturer Foxconn, also known as Hon Hai Precision Industry, reported slowing earnings growth amid falling sales of iPhone. Buyers are waiting for the fall to see new products from Apple. In II quarter of 2015, net income of Foxconn rose by 27% compared to year ago and reached a figure of 25.69 billion Taiwan dollars ($ 798.1 million). In I quarter, the vendor showed an...

US Department of Justice will examine the transactions of Citigroup bank with companies associated with the Mexican billionaire Carlos Hank Rhon. According to documents that got to Bloomberg, the American authorities are investigating possible money laundering in the Mexican branch of Citigroup Banco Nacional de Mexico. US Department of Justice will examine the transactions of US bank Citigroup...

Microsoft has revealed the true purpose of such computer games as “Minesweeper”, “Hearts”, “Solitaire” and “FreeCell”. All these games have been included in the installation package of earlier versions of Windows operating system for users, perhaps without knowing it, to develop PC-user skills and learn about the possibilities of the OS. The oldest of four games, “Solitaire”, appeared in...

The European Space Agency (ESA) and Airbus Safran Launchers (ASL, a joint venture between Airbus Group and Safran) signed an agreement on building of the carrier rocket Ariane of the new (sixth) generation, which will enable Europe to maintain leadership in the market of launching satellites. The contract value is 2.4 billion euros, it involves the development of two versions of a heavy launch...

Sales of passenger vehicles (including SUVs and minivans) in China fell in July to the lowest in 17 months, despite the increase in discounts, reports Bloomberg. Index shows drop in the second consecutive month in June, it was recorded for the first time since February 2013. According to the China Passenger Car Association (CPCA), sales last month fell by 2.5% compared to July 2014 to 1.3...

Google announced a major restructuring, which involves the creation of a new holding company Alphabet. Alphabet, which was headed by Larry Page and Sergey Brin, will include Google itself and all its many subdivisions. Google has announced a major reorganization, during which the company is going to create a new holding company called Alphabet. Search and advertising division of Google enters the...