Mobile

Samsung Warns of Difficult 2016

Tech giant Samsung Electronics warned on Thursday of possible weaker earnings this year due to softer sales of gadgets such as smartphones, a trend that is also hurting rival Apple and major chipmakers.

Facebook's Mobile Momentum Sparks Solid 3Q Growth; Shares Soar

Facebook shares hovered around 1% in after-hours trading following comments by a company executive during an earnings call. Still, it posted much better-than-expected 3Q financial results, earning 25 cents an adjusted share on revenue of $2.02 billion.