Daily Crunch: Samsung responds to Galaxy Fold concerns


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1. Samsung responds to reviewer complaints about its Galaxy Fold phone

Samsung has issued a statement about its new folding phone. Apparently a number of reviewers either mistakenly destroyed their phone screens or had the screens bork on them after a few days of use.

In response, the company said it “will thoroughly inspect these units in person to determine the cause of the matter.”

2. Pinterest prices IPO above range

The company will sell 75 million shares of Class A common stock at $19 apiece in an offering that should attract $1.4 billion in new capital for the visual search engine.

3. Apple expands global recycling programs, announces new Material Recovery Lab in Austin

Apple says it’s building a new, 9,000-square-foot Material Recovery Lab based in Austin, Texas, focused on discovering future recycling processes.

Special counsel Robert Mueller (L) arrives at the U.S. Capitol for closed meeting with members of the Senate Judiciary Committee June 21, 2017 in Washington, DC. (Photo by Alex Wong/Getty Images)