Life's Good, as the LG slogan says, and so is business, at least for this Korean manufacturer. Its second quarter financial report shows some very impressive figures, such as a 165 percent net profit increase, to the tune of $399.8 million, compared to last year, driven largely by smartphone sales. Quite a stark contrast to rival Samsung, whose popularity and profits from the smartphone business are believed to have somewhat plateaued last quarter.
Spurred by silly news reports of people seeing faces in the random patterns on their toast, various novelty toasters have appeared allowing one to eat toast deliberately crisped with a certain pattern or face. Burnt Impressions has taken this a step further, deciding to appeal to the so-called narcissistic generation's love of selfies.
Forget the fitness wearable; what about the fitness tracking home accessory? AirRam is a new vacuum that promises to not only clean up your home, but track how much exercise you get while doing it. Best of all, it’s cordless, and can charge via cables you might already have in the home.
SYNEK is "the world’s first portable tap house", a dispenser of beer made to allow you access to a pint in a glass whenever you wish it. It’s time for craft beer in a glass, made to eliminate the middle-man between you and an "unlimited" selection of beer flavors and makes. Bottling and canning beer is something SYNEK hopes to make a thing of the past.
Google announced the Nest Labs acquisition back in mid-January. The purchase price was set at $3.2 billion in cash, and as we learned, the Nest team would be welcomed into the Google family. But while the acquisition was announced, and some plans were specified, there was also the standard line about the "customary closing conditions."
Dyson has revealed its latest vacuum, the Cinetic DC54, using a new system of tiny clustered cyclones to do away not only with the bag but the filter, too. Squeezing - as the name suggests - 54 of the conical cyclone assemblies, arranged into a double-level stack, each uses a flexible tip made from a new material which sheds dust more readily, allowing the British firm to leave out the usual air filter.
This week the folks at Nest Labs, Inc. have spoken up on Google's intentions to buy the smaller company outright. Google will be dropping $3.2 billion USD in cash to acquire Nest, bringing the company's work with the Nest Learning Thermostat into the larger group's fold. This acquisition will have Nest continuing to operate with Tony Fadell as its CEO and will continue to work with "its own distinct brand identity."
Over the last few years at CES in January, LG has been showing off its ever improving smart appliances. At CES 2013, LG showed off smart appliances that were able to interact with the user via WiFi networks. At CES 2014 next month LG will be rolling out new and improved smart appliances.