Mobile Minutes: Virtual reality investment; Samsung Galaxy S7; Pandora?s Thumbprint station; IPhone 5S discounted
Magic Leap, a secretive company making wearable technology for mixing digital imagery with the real world, is seeking to raise $827 million. Jaunt, maker of a 3-D camera for filming virtual reality video, has nabbed a total of $100 million, including $65 million in September.
Samsung Electronics Co. will add a pressure-sensitive display and a new high-speed charging port to its coming line of flagship smartphones slated to be launched in March, according to people familiar with the matter.
Online music service Pandora has created a new station devoted to playing only your favorite songs.
Apple is aggressively seeking to expand its market share in India by cutting the price of its best-selling model there, the iPhone 5S, by half. However, at $370 this 4-inch smartphone is still out of reach of most Indians.