Lenovo Group, the world's biggest personal computer maker, said Thursday its latest quarterly profit rose 23 percent on strong growth in sales of smartphones and other mobile devices. The company said it earned $214 million, or $2.06 per share, in the three months ended June 30. Global revenue rose 18 percent to $10.4 billion.
A four-month investigation at 22 factories found no evidence that benzene and n-hexane endangered the roughly 500,000 people who work at the plants, according to Apple. No traces of the chemicals were detected at 18 of the factories and the amounts found at the other four factories fell within acceptable safety levels, the Cupertino, California, company said.
In a talk at the annual Oppenheimer Investor Conference that was broadcast online, Shammo said Verizon is looking to new technologies like LTE Multicast and Voice over LTE as potential growth areas. He also said tablets pose an opportunity.
While the amount is nowhere near the $19 billion Facebook paid for WhatsApp, it is quite a bit more than Tango has seen in the past. According to a report from Reuters, the new valuation is one-third more than the valuation Tango recieved just five months ago.
Microsoft is preparing to cut approximately 4,700 jobs at its Nokia handset factory in Beijing, leaving only 300 workers. The plan was met with protests by Nokia workers there. The news comes as Microsoft has already announced that it plans to slash 18,000 jobs over the next year, many of which will come from the recently acquired Nokia handset business.
The government announced that only established media companies will be allowed to release political and social news. That would curtail a growing trend in use of instant messaging services by journalists and scholars to distribute independent news reports and commentary.
"Samsung and Apple have agreed to drop all litigation between the two companies outside the United States," the South Korean company said in a statement. "This agreement does not involve any licensing arrangements, and the companies are continuing to pursue the existing cases in U.S. courts."
When a wearable display and the Emotiv Insight Brainware, which scans EEG brainwaves, are connected to a tablet, users can issue brain commands to control Philips products, which include Philips Lifeline Medical Alert Service, a Smart TV and the Philips Hue lighting system. The tablet also allows control of these products using eye and voice commands.
According to new numbers from research firm Canalys, Xiaomi has risen from being a niche player to become the leading smart phone vendor in the world’s largest market, overtaking Samsung in volume terms in second quarter. Canalys reports that Xiaomi grabbed a 14 percent share of the Chinese market, on the back of 240 percent annual growth.
They're a pain to use, and they aren't secure when they are based on easy-to-guess digits, such as a birth date or street address. Many people don't bother using them on phones, even though that means any thief can get instant access to email, banking apps and more. Fortunately, phone makers have started to come up with alternatives to passcodes.
After initially refusing to pay royalties in the second year of the deal, Samsung made a late payment in November but did not add on interest, according to a redacted copy of the complaint filed in federal court in New York and provided by Microsoft.
In this episode of SmartWatch, we take a look at the rise and possible fall of the tablet. As net phone additions lagged in the second quarter, the major carriers leaned on tablet additions to prop up their numbers. Big Red added 1.4 million postpaid subscribers, reporting that it had added 304,000 postpaid phone net additions and whopping 1.15 million postpaid tablets.
The Japanese electronics and entertainment conglomerate, which has been trying to reshape its business after years of losses, did well in its video games, movie and camera businesses, offsetting restructuring costs. Under an overhaul announced earlier this year, Sony has sold its Vaio computer business and is splitting off its TV division to run as a wholly-owned subsidiary.
Samsung has stumbled in its efforts to make even a small move away from Android. Earlier this week, it delayed the release of the first smartphone powered by Tizen, its own mobile operating system, just two months after announcing a launch date. It did not give a future schedule.
The plans can be adjusted at any time during the month, even daily, directly from each person’s device, or controlled by the primary user, allowing the plans to add or subtract the amount of voice, text or data and other services they use at any time within their monthly billing cycle.
IDC estimates Samsung shipped 74.3 million smartphones in the second quarter, down 3.9 percent from the 77.3 million it moved in the same quarter last year. Samsung's overall market share came in at 25.2 percent in the second quarter, down from 32.3 percent during the same period last year.
Shao Yang, vice president of marketing in Huawei's consumer business group, said that his company had seen faster than expected growth in the Middle East, Africa and Latin America. He attributed the rapid growth to improved branding awareness and stronger sales channels in overseas market.
There's a case for the PadFone, though, if you're someone who uses a tablet only at home. You can carry the phone with you during the day and attach it to the tablet screen when you get home. You don't have to worry about what apps and data are on which device.
In a brief statement, Samsung said the postponement is to further enhance the Tizen "ecosystem," which encompasses developers, consumers and devices using the mobile OS. The delay is a blow to Samsung's push to reduce reliance on Google's Android operating system, which powers Samsung's Galaxy smartphones and tablets.
In its second quarter earnings, Amazon reported a $126 million loss even as revenue jumped by 23 percent. Shares fell 10 percent on the report. Many believe that continued investment in big projects like the development of the Fire Phone and the a new grocery delivery serivce are weighing profits at the company.
LoopPay invented something called Magnetic Secure Transmission (MST) technology which leverages existing point-of-sale infrastructure to receive contactless payments from mobile devices of all kinds with no hardware changes required by merchants.
Nokia Networks said that its forecast has improved on operational efficiencies gained from the sale of its handset unit to Microsoft. The company expects underlying profitability for Networks to be at or slightly above its long term target range of 5 to 10 percent for the full-year 2014.
One of the world's largest providers of enterprise software applications and services on a "mobile-first" mission, and arguably the most well-known consumer mobile device manufacturer ever, are now collaborators. It was probably a more natural union than many imagined when Apple and IBM recently announced their partnership.
Tablets ruled the quarter. The company added 304,000 postpaid phone net additions and 1.15 million postpaid tablets. At the end of the quarter, smartphones accounted for nearly 75 percent of retail postpaid customer phone base, up from 72 percent in first-quarter 2014.
With minimal market share in both tablets and phones, Microsoft has its work cut out for it. Yet a focus on design over compatibility under new CEO Satya Nadella means Microsoft can make products and services for non-Windows platforms, such as Apple's iOS and Google's Android, and still retain the look, feel and functionality of the Microsoft brand.