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Zynga folds on U.S. gambling bet, shares fall

Depressed - Head In Hands

The most notable news in Zynga's earnings release had nothing to do with earnings: The company is no longer pursuing online gambling - a category that Wall Street analysts perceived as having huge potential.

Samsung profit up 50%, but mobile business shrinks

Samsung Galaxy Tablet

Samsung Electronics, the world's biggest smartphone maker, reported a second quarter net profit that jumped 50 percent from a year earlier, but its mobile business shrank, underscoring concerns about flagging growth in the division.