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Samsung posts record quarterly profit despite smartphone slump

Samsung just turned its biggest quarter ever — no thanks to smartphones. The South Korea electronics giant on Tuesday reported its biggest operating profit ever as it benefited from strong demand for its memory chips and other components. Samsung not only uses processors it manufactures in its own devices but also sells them to customers like Apple. Samsung said its …

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Uber adds monthly subscription service that guarantees low

Don’t get too excited, Uber’s pass doesn’t cover the cost of fares — it just helps keep them low. Uber on Tuesday introduced Ride Pass, a monthly subscription service starting at $14.99, which makes sure your fare stays low whether it’s peak hour or bad weather. It’s available to all riders in five US cities: Los Angeles ($24.99 per month); …

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