Business

Sluggish Galaxy S9 sales reportedly a drag on Samsung’s Q2 2018

Sluggish Galaxy S9 sales reportedly a drag on Samsung’s Q2 2018

Samsung's Galaxy S9 may have polished off what remaining rough edges its predecessor had, but it hasn't been rewarded with anything more than dismal sales, it's claimed. The South Korean company released its latest earnings guidance this week, predicting Q2 2018 will see around $13.2 billion in operating profit.

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Sonos’ frenemies are its biggest risk as it files to go public

Sonos’ frenemies are its biggest risk as it files to go public

Sonos has filed to go public, with the connected speaker firm aiming to raise $100m but detailing some of the challenges - not least when you're trying to be assistant agnostic - it faces along the way. The company most recently launched the Sonos Beam, a more compact TV soundbar that includes Amazon Alexa support for voice control.

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Nestle launches wind turbine farm as part of renewable energy plan

Nestle launches wind turbine farm as part of renewable energy plan

Nestle, a company heavily criticized for its freshwater practices, has announced the launch of a wind farm with nine turbines. This new wind farm is part of the company's renewable energy effort, which has already resulted in a substantial part of Nestle's energy usage being accounted for. The new wind turbine project is located in Scotland.

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Facebook federal probe tipped to include FBI, SEC, FTC and DOJ

Facebook federal probe tipped to include FBI, SEC, FTC and DOJ

A federal probe into Facebook's handling of user data is said to have grown, adding another three government agencies alongside the Department of Justice. According to sources that have surfaced, the FBI, FTC, and SEC have joined a probe into Facebook's Cambridge Analytica controversy, marking an expansion of the government's focus on the company.

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Why HTC smartphones continue to fail [UPDATE]

Why HTC smartphones continue to fail [UPDATE]

HTC is getting smaller and smaller every year. That’s true not just for its bottom line but its workforce as well. Every year it puts out smartphones that receive glowing reviews and high customer ratings. And every year it also fails to break even. Why has HTC, the first smartphone maker to believe in Android, have had such rotten luck in the market it once dominated? Sadly, there is no single answer but is, instead, a series of unfortunate events.

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YouTube apologizes over anti-LGBT ads and monetization issues

YouTube apologizes over anti-LGBT ads and monetization issues

YouTube has been heavily criticized for the presence of anti-LGBT advertisements on LGBT-related videos, as well as monetization policies that have resulted in many of these videos losing their ads. Creators behind these videos have complained about various issues, including their content being age-restricted, hidden from search results, and more. The company has largely been quiet on the matter, but changed that recently with a series of tweeted apologies.

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Lyft acquires Motivate, North America’s largest bikeshare operator

Lyft acquires Motivate, North America’s largest bikeshare operator

Ridesharing company Lyft has announced the acquisition of Motivate, a massive bikeshare operator with systems throughout the nation. Motivate is the largest company of its kind in North America, one that is joining the Lyft system to help usher in Lyft Bikes, an expansion of Lyft's services. Among other things, Lyft is acquiring Motivate's city contracts.

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HTC makes huge workforce cuts amid another bad year

HTC makes huge workforce cuts amid another bad year

For quite some time now, HTC has been struggling when it comes to making money. Its quest for profitability has seen some big shake-ups, from laying off workers to even selling off a large portion of its smartphone design team to Google. Today we're learning that the layoffs aren't over just yet, as HTC is preparing to make some big cuts at its Taiwanese manufacturing division.

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Huge Comcast outage sees internet and TV down across the US [Updated]

Huge Comcast outage sees internet and TV down across the US [Updated]

Comcast is experiencing a pretty major outage at the moment, so if you're having problems accessing the internet, you're definitely not alone. The outage seems to be affecting much of the US, from coast to coast. Even worse is that it sounds like it could be a problem that's going to take Comcast a while to sort out.

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Verizon Go90 video service will be shuttered next month

Verizon Go90 video service will be shuttered next month

Verizon is shuttering its Go90 video streaming service, according to a new report. The ad-supported service offered various video content, some of it live and others from established TV shows, to mobile users. One would be tempted to assume the closure is due to the app's lack of popularity, but that's not the case. Instead, it's a casualty of Oath.

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Boeing hypersonic plane concept teases 2-hour flights from NY to London

Boeing hypersonic plane concept teases 2-hour flights from NY to London

Seattle-based Boeing has unveiled a hypersonic airliner concept that could travel at five times the speed of sound. This would be a Mach 5 aircraft, one offering unprecedented air travel speeds for industries and travelers. The company doesn't have a name for the airliner at this time, but revealed that it could one day be used for both commercial and military purposes.

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Facebook’s new eavesdropping tech is creepy, but might not be as bad as it sounds

Facebook’s new eavesdropping tech is creepy, but might not be as bad as it sounds

If you're a Facebook user, you've likely heard stories of people becoming convinced that the company uses the microphones that are everywhere these days (such as ones on a smartphone or laptop) to spy on its users. While those fears might just be the result of an overactive imagination, a new patent filing is fueling concerns that Facebook might actually be equipped to do just that someday soon.

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