financial

Lenovo Fiscal Q1 figures show strong mobile and PC sales

Lenovo Fiscal Q1 figures show strong mobile and PC sales

It is all good news for Lenovo based on its financial reports for the first fiscal quarter of the year which ended June 30. Not only has it beat all odds and ended up with a net profit significantly higher than what analysts estimated, its PC business also managed to stay on top, not to mention profitable, during a period of lull in the entire industry. It is quite telling, however, that Lenovo declares that for the first time, it has sold more smartphones ever than PCs, bulk of which went to its chief market of China.

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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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