When Apple introduced the iPhone 5S and its Touch ID fingerprint scanner, it seemed like only a matter of time before other manufacturers followed suit. But don’t believe everything you read on the internet. Contrary to the claims of an official sounding press release, Samsung did not acquire Swedish biometric security startup Fingerprint Cards AB. They most definitely did not spend $650 million on the company.
Nor is this a case of a misinterpretation of facts, as both parties have denied any sort of deal, and it doesn’t appear that Samsung has any sort of working relationship with Fingerprint Cards AB. The Swedish firm says it is investigating the matter and that legal actions could be taken against those responsible for the falsified report.