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Samsung branches out as smartphones reach saturation

Samsung Galaxy S3

Samsung has reached a turning point with its handsets and wearable technology and will shift its focus to how people interact with their handsets to gain an edge in a mature smartphone, the company's European marketing director told CNBC.

Chinese Twitter-like service seeks IPO

Chinese Flag

Social media is making its presence in felt in the financial world, with major household names like Facebook (FB) and Twitter (TWTR) already established as publicly-traded companies in the space.