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Flash Furor Grows Despite Adobe's Latest Fix

2015-07-15 21:29:54| TechNewsWorld

Three new vulnerabilities in Adobe Flash Player have been reported over the past two weeks, triggering a storm of protest and leading Mozilla and Google to ban the plug-in from their Firefox and Chrome browsers. "It is time for Adobe to announce the end-of-life date for Flash and to ask the browsers to set killbits on the same day," Facebook CSO Alex Stamos tweeted Sunday.

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Sourcing diversification grows US apparel imports from Vietnam

2015-07-08 13:38:00| Daily apparel & textile news and comment - from just-style.com

US imports of apparel and textiles from Vietnam are growing as retailers continue to diversify their import sources, and this despite China's continued dominance, new data has found.

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Singapore investment fund Temasek grows China portfolio

2015-07-08 09:14:39| Airlines - Topix.net

Singapore state investment giant Temasek Holdings said its global portfolio reached a record S$266 billion in the year to March. The value of its holdings increased by19 percent from the previous fiscal year's S$223 billion and is more than double its portfolio of S$103 billion 10 years ago, the company said in its annual report.

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BlackBerry grows fiscal Q1 profit but revenue falls again

2015-06-24 02:00:00| Total Telecom industry news

Canadian smartphone maker reports surge in software, patent revenues but services, hardware still on the wane.

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BlackBerry grows software sales, reduces losses

2015-06-23 14:39:00| Telecompaper Headlines

(Telecompaper) BlackBerry further narrowed its losses in its fiscal first quarter to May and reiterated its target to return to underlying profitability in the current fiscal year. The adjusted net loss shrunk to USD 28 million or 5 cents a share in the first quarter from a loss of 11 cents per share in the year-earlier period. On a reported basis, the company had a net profit of USD 68 million, thanks to a revaluation gain on debt and despite another USD 61 million in restructuring charges. Revenues were still down sharply to USD 658 million from USD 966 million a year ago. The share of revenues from handsets fell to 40 percent in Q1, while services took 38 percent and software and technology licensing accounted for 21 percent. Blackberry said software and technology licensing revenue was up 150 percent from a year earlier to USD 137 million. The company added 2,600 enterprise customers in the quarter, of which around 45 percent of the licences covered additional platforms to its own. It also shipped 1.1 million BlackBerry smartphones in the three months, with an average selling price of USD 240 each. Free cash flow was a positive USD 123 million in Q1, and adjusted EBITDA improved 5 percent year-on-year to USD 157 million. Total cash was up by USD 50 million in the three months to USD 3.32 billion at the end of May. BlackBerry said it intends to remain free-cash flow positive this fiscal year, as well as return to a "sustainable" adjusted profit before year-end. CEO John Chen said he was pleased with the growth in the software and technology business and the company was also making progress in turning the handset business profitable. 

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