Posts tagged “PC industry”
Shares in Red Hat haven't been this hot since the go-go days of the "dot com" boom when the company went public and its shares soared to $105. On Thursday, shares soared 11 percent to a new 52-week high of $76.70 after a strong earnings report on Wednesday. And Wall Street analysts are impressed.
Red Hat again exceeded Wall Street expectations, reporting fourth-quarter 2014 earnings of $48 million, or 26 cents a share, compared with $45 million, or 24 cents a share in the year ago quarter. The Hatters also announced a $500 million stock buyback program.
Red Hat's latest earnings report on Wednesday demonstrates the broadening reach of the Hatters' open-source based wealth of products with new offerings helping boost revenue for the 52nd consecutive quarter. Technology Business Research Analyst Andrew Smith provides an in-depth analysis.
Lenovo, the world's No. 1 PC manufacturer, is making changes in its management structure following the recent closing of deals for IBM's x86 business and Google Motorola. Under the new structure, Lenovo has a president - industry veteran Gianfranco Lanci - who reports directly to chair and CEO Yang Yuanqing. The move affects Lenovo's two top executives in the Triangle: Gerry Smith and Jay Parker.
In an exclusive interview, Lenovo's head of North America operations talks about the impact of the tech giant's many management changes announced on Thursday mean to the company, the Triangle and the top two Lenovo execs in the Triangle.
Blackberry-IBM-Samsung secure tablet; Cablevision-HBO Now; GSK Ebola update; Facebook's buy; Lyft lawsuit
In today's wrapup of technology and life science news: BlackBerry joins with IBM and Samsung to develop a secure tablet; GSK's Ebola vaccine advances; Cablevision hooks up with HBO Now; Facebook's latest buy; and did Lyft cheat drivers?
Lenovo's server sales - bolster immensely by the acquisition of IBM's x86 server business - top $1.1 billion in the fourth quarter. a jump of 743 percent. Hardware shipments surge 250 percent. Both are far higher than over industry data, which also shows a big gain for Cisco.
Lenovo has issued apologies, is offering free security software monitoring, and says it will produce bloatware-free PCs in the future. But if the world's top PC maker thought the Superfish debacle was over, it's not. The lawyers and attorney generals are coming.
Lenovo's website is fully accessible after being knocked offline for several hours Wednesday following a hack attack. Lenovo vows to tighten security and to find out what happened but won't discuss what all hackers - allegedly from Lizard Squad - did.
Wracked by the "Superfish" adware debacle last week, ensuing criticism worldwide and then hacked earlier this week, Lenovo on Friday issued a public "promise" to deliver "a cleaner, safer PC." Plus, it is offering free service to a McAfee security service.
A group of hackers called Lizard Squad is claiming responsibility for a hack of Lenovo's website on Wednesday evening. A check of Lenovo's site early Thursday found that it is back online. The hackers said they attacked Lenovo in response to the raging Superfish adware controversy.
Lenovo's chief technology officer issues a formal apology to customers about the Superfish adware - many call it malware and a security risk - in an attempt to quell a storm of global criticism. The world's No. 1 PC maker concedes that it was unaware of a security flaw until informed by others.
How serious is the security threat posed by adware installed on Lenovo laptops? Bad enough that the Department of Homeland Security early Tuesday called it "spyware" and issued another threat warning to consumers who have recently bought Lenovo machines to uninstall it.
A little-known Silicon Valley startup caught in a firestorm of criticism last week for making software that exposed Lenovo laptop users to hackers bent on stealing personal information is defending itself.
Lenovo publishes a guide on how to check for, find and remove the adware Superfish from more than 40 models of laptops that were shipped and sold between September of last year through January. Other sites also are offering information for removing the software that Lenovo pre-installed and some are calling a security risk as well as malware.
Lenovo says it has stopped installing "Superfish" adware on consumer notebooks. The company also says it has found no signs of a possible security loophole in the adware, which some have labeled "malware." Lenovo reacted to a worldwide flurry of news reports Thursday, many of which criticized the world's No. 1 PC manufacturer.
In an online forum, Lenovo recently defended the inclusion of Snapfish in "consumer systems" and said it has requested changes in the software that "addresses" concerns about security. But customers are still upset.
Lenovo, the world's No. 1 PC manufacturer, is taking a huge public relations hit today around the world after news surfaced that its PCs come pre-loaded with adware that some experts say pose a privacy and security threat.
Facing a growing threat from China-based startup Xiaomi, which is valued at a whopping $45 billion, Lenovo's chairman and CEO says he is considering spinning off a new unit that is focused on selling mobile and Internet-connected devices.
- US agency: Keep threatened status for green sea turtles
- Japan opts for massive, costly sea wall to fend off tsunamis
- Launch delayed for soil monitoring station
- Biogen tops sustainable corporations list; Novozomes, Lenovo, Cisco, EMC crack top 100
- Sea level report shows increasing pace of change along coast