financial

LG Q2 2014: 14.5m smartphones shipped, net profits up 165%

LG Q2 2014: 14.5m smartphones shipped, net profits up 165%

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.

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Synology NAS drives hacked to mine Dogecoins

Synology NAS drives hacked to mine Dogecoins

Users of Synology's products might enjoy having their own personal clouds at home or in the office, but if they're not careful, they might be unknowingly making some hacker or hackers thousands of dollars. This is the scenario painted by security company Dell SecureWorks when it revealed how a number of Synology's drives have been compromised in order to produce Dogecoins.

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Apple Q214 earnings tap $10.2 billion net profit

Apple Q214 earnings tap $10.2 billion net profit

Starting off the quarter with a record-breaking quarter for revenue from services, Apple showed a quarterly revenue of $45.6 billion USD. This amount works with a quarterly net profit of $10.2 billion, turning out $11.62 USD per diluted share for the quarter. This is Apple’s financial Q2 for 2014.

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