MSI denies Lenovo buyout

Rumours have been swirling for a while that Lenovo plans to buy MSI. But now MSI is out to set the record straight. MSI President Andy Tung said they aren't in talks with Lenovo to sell their gaming notebook business. Lenovo won't comment on the story but MSI seems to be taking it quite seriously. They want to find the source and even sue them.

Source: PC World

Apple acquires Coherent Navigation for precision GPS mapping

Perhaps Apple is looking to improve its mapping services with its latest purchase. The tech giant just bought Coherent Navigation, a company specializing in High Integrity GPS. We don’t know exactly what Apple plans to do with the company because they won’t disclose details about it. According to MacRumors though, some Coherent employees have been moving to Apple so it could be an acquisition both for talent and technology.

This isn’t Apple’s first purchase of a mapping company though. They’ve bought companies like Placebase, Hopstop, Locationary, and Embark.

Source: MacRumors + Slash Gear

Twitter acquires live-video streaming company Periscope

Perhaps in a move to get more advertisers or users in general to use their social network, Twitter has acquired Periscope, a live streaming startup. They wouldn’t say what inspired the acquisition or for how much. But it makes sense for a company like Twitter to integrate live streaming into its service. People are already using the service to talk about events as they happen. Why wouldn’t they integrate the video aspect as well? As to how this would happen, we don’t have an idea at the moment. But you better prepare to see live-video streams on your timeline soon.

Source: Periscope | Via: Engadget

Samsung to take on Apple Pay and Google Wallet with LoopPay

Samsung’s latest acquisition might bring them a step closer to taking on both Google’s and Apple’s payment services. LoopPay is joining Samsung’s mobile branch and it seems to be a good buy for Samsung. They no longer need to build their own service. They just have to make use of LoopPay’s already wide reach.

LoopPay is a convenient solution because it doesn’t need any hardware upgrades for contactless payments. Existing point-of-sale terminals can be turned into mobile payment hubs for LoopPay. Details of the acquisition haven’t been revealed. It also hasn’t been said if Samsung plans to pull out LoopPay’s existing apps on Apple App Store or Google Play Store.

Source: Samsung | Via: Android Community