Screens, announcing two new today. Both have a 5. 7inch display, slightly bigger than the 65inch display on the iphone plus, and they work with a new mobile payment is to, but will these products help samsung take on apple and rising chinese competitors . A Strategy Analytics director who covers smartphones joins us be a skype from london and we also have these of posco global head of innovation. Visa is partnering with samsung on its mobile payment system. We also have the set we global head ofs innovation. The phones are almost identical, except the edge has this wraparound screen. The note has a pen. What stands out to you . Out is thelly stands wraparound screen. Two screens in one phone. A big screen on the front and a smaller screen down the side. For the note device, what really stands out is the pen device, which you can use for functionality like writing in businesso pdfs use. Two very differentiated phones. Big unveiling. We heard from the head of mobile. Take a look at what
Is this going to make people switch . The iphone user is the iphone user. Rarely does the iphone user go back to and sung or htc rarely does the iphone user go back to samsung or htc. Samsung needs to care more about putting htc and motorola to pasture and staving off people like lenovo and xiaomi. Emily i want to talk about samsung pay because it is different from apple pay. How is it different . Its available in a lot more places. Jim the user interface is similar to what you with the on an apple pay device. The major difference is they bought a company several weeks ago and incorporated the new technology in the stone that is unique to samsung that allows it to be used at virtually any terminal in the u. S. The of the via the magstripe reader. Emily whats interesting is they are not charging fees for banks, though apple does. Is this something that could lead to a renegotiation of visas deal with apple . We introduced a program that effectively says if someone wants to connect to vi
Both have a 5. 7inch display, thats slightly bigger than the 5. 5inch display on the iphone 6 plus, and they work with a new mobile payment system, samsung day. Samsung pay. Will these products help samsung take on apple and rising chinese competitors . A Strategy Analytics director who covers smartphones joins us via skype from london and we upon visas global head of innovation. Visa is partnering with samsung on its mobile payment system. We also have visas global head of innovation. He will be with me through the show. Neal, i want to start with you. The phones are almost identical, except the edge has this wraparound screen. The note has a pen. What stands out to you . Neil the edge is a really nice phone. What really stands out is the wraparound screen. Its almost two screens in one phone. Youve got a big screen on the front and a smaller screen down the side. For the note device, what really stands out is the pen device, which you can use for functionality like writing directly o
Described himself as a human powder keg before he shot himself. Also coming up, in business, ukraine agrees to a deal with its creditors to avoid default and to help stabilize the countrys economy, battered by the cost of war. Balkan leaders are meeting with Angela Merkel in vienna today. The summit will largely be dominated by the migrant crisis. The german chancellor is urging European Countries to come up with a strategy to deal with the influx and to prevent far right extremism from spreading. Some countries have implement a tough measures to protect their borders. Hungary and bulgaria are building walls to prevent migrants from flowing in. More than 100,000 people are thought to have used the Balkans Route this year alone, more than 10 times the number compared to last year. The blame game among the countries affected by the crisis continues. Members so, you have a problem, but you are asking us, serbia, to come up with an action plan for migrants. You should come up with an actio
Donation of 1 million. The details on his report at least initial 6 billiondollar request. Harvey wrecking havoc on the energy sector. Gas prices surging long lines forming at the pump. Major impact ahead on the busy travel weekend coming up. Futures are showing gains across the boards, dow, s p 500 and the nasdaq there, the dow and s p up in august, that was the fifth straight month of gains and the nasdaq up two months in a row. The nasdaq closed at alltime high yesterday. Investors, of course, eyeing the august jobs report due two and a half hours from now. Economists are expecting 180,000 jobs were added last month, tun employment rate Holding Steady at 4. 3 . We will bring you special coverage of the job report beginning 8 00 a. M. Eastern time. In the meantime, in europe lets check stocks there, england, france and germany we have gains across the board firing on all cylinders around the globe. In asia overnight markets were mixed with nikkei and shanghai heading higher. At home