The US Department of Defense has taken the unusual step of singling out China’s cyber-spying activities in its annual report. Though the government has tacitly chided such deeds before and even threatened sanctions, yesterday’s document marks the …
The PC market may be shrinking, but ASUS’ plan to avoid being swept away by its rivals seems to be working. The Nexus 7 maker’s latest financials reveal it made $3.5 billion in revenue, coining a quarterly profit of $202 million in the process — …
In each issue of Distro, editor-in-chief Tim Stevens publishes a wrap-up of the week in news.
A bit of a lull this week ahead of what is shaping up to be an insane May — and perhaps an even crazier June. We have events stacked three-deep at time…
For many, there’s nothing quite so comforting as cracking open a good book. The texture of the pages combine with the smell of ink and paper, as the writer pours their imagination and soul into a world that’s apart from your own. While e-books hav…
HTC’s financial results released today don’t contain much good news — take a quick look at the unaudited figures we reported last month. But despite its worst ever quarterly profit earlier this year, it’s banking on a substantial turnaround over …
There’s a fairly good chance that Mark Zuckerberg’s heading Home today without a massive bonus check. Zuck’s social network, Facebook, hasn’t quite reached the level of profitability that some investors once expected — its first year of public tr…
Comcast had a dramatic Q4 last year when it announced the buyout of NBCUniversal for $16.7 billion along with the purchase of New York’s iconic 30 Rockefeller Plaza. Still, it’s the cable TV and internet business that pays the freight, and that si…
While we’ve seen supercomputers break records before, rarely have we seen the barrier smashed quite so thoroughly as by Lawrence Livermore National Laboratory’s Sequoia supercomputer. Researchers at both LLNL and Rensselaer Polytechnic Institute …
As Best Buy attempts a return to financial well-being, it’s decided to sell the 50 percent share it still owns in Best Buy Europe to fellow joint venture partner Carphone Warehouse. The price is set at about 500 million GBP ($775 million, mostly i…
Just like last year, we’re reporting on a revision Sony’s making to its expectations for last year’s profits, but this time around there’s some positive news. According to Sony, selling some of the buildings it owns and a weakening yen have double…
