financial

Lenovo smartphone numbers not enough for Q4 2014 profits

Lenovo smartphone numbers not enough for Q4 2014 profits

Many have pointed to the writing on the wall for the PC business, looking towards to smartphones for the future. While that may have been true to some extent for Lenovo, the world's largest PC maker, it isn't the complete story. Lenovo has just revealed its report card for the last quarter of 2014 as well as its full year evaluation of that year. And while its smartphone shipments have indeed improved, partly thanks to its acquisition of Motorola, those numbers weren't enough to save its sinking profits.

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Chase Bank now issuing microchip debit cards

Chase Bank now issuing microchip debit cards

Chase Bank is about to replace your debit card with something from the near future. Starting today, Chase customers can opt for a debit card with microchips, a technology domestic banks have been slow to adopt. Those card-enabled chips are expected to one day replace plastic with magnetic stripes, which are often the target of hackers who want your info. Cards with magnetic stripes are also easily copied. If you’re wondering how you’ll end up paying for things, it won’t change much just yet.

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HTC One M9 falls short, not enough to save HTC

HTC One M9 falls short, not enough to save HTC

HTC came under hard times but, for a while, it seemed that the Taiwanese manufacturer was on the verge of recovery, especially after the HTC One M8 and its new found fascination with mobile photography. Then came the HTC One M9 and now it seems that all hell has broken loose yet again. The company's financial report for April showed rather disappointing, in fact worrying, numbers, with an almost 40 percent decline in revenue from the same month last year. And most of it is being blamed on the One M9's poor market performance.

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Apple’s Q2 financial report reveals “best March quarter results ever”

Apple’s Q2 financial report reveals “best March quarter results ever”

Apple has released its financial report detailing the company’s second quarter ending on March 28. Among the details, we see that Apple pulled in $58 billion in revenue during the quarter, something that worked out to $13.6 billion in net profit. Both numbers are excellent for the company, showing a substantial year-on-year increase — during the same quarter last year, Apple brought in $45.6 billion in revenue and $10.2 billion in net profit. Says Apple, 69-percent of Q2’s revenue was from international sales.

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Facebook Messenger adds money sending feature

Facebook Messenger adds money sending feature

If you're a Facebook user, there's a good chance you access the social network primarily through your mobile device -- and that you're likely friends with your real-life friends, making Facebook Messenger a convenient way to call or message someone. Facebook wants to extend the usefulness of its Messenger service, however, and it'll be doing so by adding a money-sending feature. Such functionality won't be arriving for every user today, but when it does arrive it'll be a simplistic way to send someone cash.

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Apple to join ‘The Dow’ on March 18, replacing AT&T

Apple to join ‘The Dow’ on March 18, replacing AT&T

In a move everyone saw coming, Apple has joined the Dow Jones Industrial Average, supplanting AT&T on the list. Apple, the world’s most valuable company, saw an incredibly positive holiday quarter on the back of the iPhone 6 and 6 Plus, bringing in $18 billion in profit, the most by any company — ever. Most believe their success will ramp up even further with the Apple Watch, which is set to debut Monday, and make its way to stores next month.

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Hackers rob banks around the world of over $300 million

Hackers rob banks around the world of over $300 million

In what is appearing to be one of the largest bank thefts across the globe, hackers have managed to steal over $300 million from more than 100 banks in 30 different countries. The new comes from a Kaspersky Labs report given to the New York Times, which explains a large-scale, sophisticated malware was used since 2013 to siphon the money from financial institutions. No banks have officially come forward to disclose the security breaches, but victims include those in Russia, the U.S., Europe, and Japan.

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Lenovo’s Q3 2014 saw revenue jump, PC market domination

Lenovo’s Q3 2014 saw revenue jump, PC market domination

Lenovo has posted its Q3 2014 earnings, and in it we see some good news tempered by a few hiccups. Revenue for the quarter ending on December 31 saw a 31-percent year-on-year increase, hitting $14.1 billion. Pre-tax income (when accounting for expenses) was down 15-percent versus the same quarter last year, however, at $274 million, and Q3's net income saw a 5-percent year-on-year decrease at $253 million. The company managed to hit a new milestone in PC market share, and credits PCs with 65-percent of its revenue.

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Samsung’s Q4 earnings report shows company down but not out

Samsung’s Q4 earnings report shows company down but not out

Many companies have dropped their latest earnings report today, and included among them is Samsung. The Korean company saw profits of 5.35 trillion won/$4.9 billion in its fourth quarter (ending December 31), an unfortunate decrease from the previous year of 27-percent. The results aren't all that surprising given the company's struggles in the recent past, but there was a glimmer of light through it all: the quarter's revenue was on the upswing with an 11-percent quarter-on-quarter increase to 52.73 trillion won.

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Indiegogo launches Life site to fund personal projects

Indiegogo launches Life site to fund personal projects

Crowdfunding sites abound, with Kickstarter and Indiegogo being the two most recognizable of the bunch. Some of the services are welcoming to all types of funding projects, while others are fairly narrow in what can be posted. To lay any confusion about its own service to rest, Indiegogo has launched a new portal called Life that is dedicated specifically to personal projects in whatever form they might be -- funding for medical treatment, social efforts, and more.

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