Bloomberg Samsung Electronics Co.’s quarterly profit and revenue topped analysts’ estimates, fueled by the success of its new Galaxy S8 smartphones and demand for semiconductors. Net income rose to a record 10.8 trillion won ($9.6 billion) in the three months ended June, the Suwon, South Korea-based company said in a filing, exceeding the 9.75 trillion won average of projections compiled ...

Bloomberg Slack Technologies Inc. is raising about $250 million in a funding round co-led by SoftBank Group Corp., according to people familiar with the matter, as the Japanese investment firm helps drive a new venture capital boom. Investors in the round are expected to value the San Francisco-based company, which sells software for workers to communicate with their colleagues, at ...

Bloomberg Facebook Inc.’s investors are salivating over the revenue potential for the company’s chat businesses, Messenger and WhatsApp, after CEO Mark Zuckerberg said he’d like to move “a little faster” to make money from them. The company has warned that sales growth, fueled primarily by mobile advertising, will slow because it can’t keep loading ads into users’ news feeds on ...