VENTURE CAPITAL POST

Apple has enjoyed a series of advantages of their innovative mobile payment and digital wallet service with ApplePay. However, Apple and other technology companies which dominated the mobile payment service, is now facing a serious competition from one big financial institution, JPMorgan Chase.

The world's largest smartphone manufacturer, Samsung is struggling to increase its market share after the company continuously reported a decline in profit. The first decline is reported back in its third quarter revenue in 2014. Investors are anxious to see what Samsung has in plan to ensure more revenue for their next quarterly report.

A lot of companies has been releasing new gadgets and update this past few months and Samsung is not far behind with their latest Smartwatch, the Gear S2. Samsung announced on Wednesday that the new Gear S2 Smartwatch will be available for the US customers starting on October 2nd.

South Korean electronics company, LG teases android fan worldwide with their new fifteen-second smartphone teaser on YouTube. The video with the tagline "Be You" revealed a little bit of the smartphone feature details hoping to get users excited. The new smartphone is expected to be released on October 1st next week based on the date that appeared at the end.

The federal court ordered Samsung to halt older version of its smartphones for breaching Apple's patent. It was found that Samsung was guilty of copyright infringement filed by Apple. But the features included in the case were no longer used by Samsung.

Apple once again proved to be the leader in the getting the highest sales for smartphones in the U.S. market. comScore, a digital media analytics, reported that Apple's iPhone continue to leave its competitors behind having a 44.2% of all American smartphone users with an increase of 1.1% from 43.1% it held in April of this year.

A new joint venture had been announced Tuesday between Bild tabloid publisher Axel Springer and Korean electronics group Samsung, for mobile media including news.

StoreDot, the startup company producing nanotech batteries that can charge smartphones in 30 seconds, had acquired $18M funds from Samsung, Norma Investments and Singulariteam, totaling $66M. The new funding will be spent to charge electric cars.

Samsung officially unveiled the Galaxy Note 5 at a press conference in New York. The launching followed five successive falls in the quarterly profits of Samsung Electronics.

Digital payment app has become a trend and BlackBerry Messenger now allows its user to send money online by integrating with PayPal.

McDonald's is reinventing its dining service in one of its restaurants in England and other areas of America. They're providing tablets and kiosk for taking orders, and the meal will be served to customers' table.

Lens Technology is a $7.2B worth glass screen business in China. The company provides glass screens to top labels like Samsung, Windows and Apple and had made a public offer in March. It is owned and founded by Zhou Qunfei, the richest self-made woman in China who used to work as a factory worker.

Chipmaker Qualcomm Inc (QCOM.O) said it may break itself up as it delivered its third profit warning this year and announced plans to slash jobs and spending in the face of rising competition.

Apple, Inc. took a 92 percent share of the profits of the entire smartphone industry in the first quarter of 2015. This is despite the fact that Apple's iPhones only accounted for less than 20 percent of all phones sold within that period.

Taiwanese smartphone manufacturer HTC predicts a loss as it released preliminary results for the fiscal second quarter of 2015. The Company's campaign in the mid-tier smartphones competition is considered to be a major factor in their financial distress.