The Korean company reported its seventh straight profit decline in the second quarter and will cut pricing for the Galaxy S6 to attract more buyers.
Samsung is just the latest smartphone vendor to offer bad news as demand slows around the world.
The new phone is only .23 inches or 5.9 milimeters thin yet still packs a fingerprint sensor and a hefty 3,050mAh battery.
Even though smartphone shipments are expected to be up this year, research firm TrendForce says the future doesn't look good: vendors will face "serious challenges" as demand plateaus.
A joint venture between Dixons Carphone and Sprint will expand the carrier's retail operation in the US.
CEO Travis Kalanick gets emotional as he says he has high hopes for Uber's future. "If we were able to achieve this much in five years," he says, "just imagine what we could achieve in the next five."
Uber's been the big kahuna, but funding for on-demand apps is booming overall -- and the deal-making looks likely to intensify this year.
Apple's big-screened phone snagged 44 percent of all phablet sales in the US last quarter, says research firm Kantar Worldpanel ComTech.
The taxi-hailing app touts old-school cab hailing with new-school cashless payment.
Samsung's declining first-quarter financial results contrast sharply with those of Apple, but the drop in operating profit isn't as bad as it has been.