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Posts Tagged ‘business’

LG reshuffling puts home entertainment president Brian Kwon in charge of mobile division

Wednesday, November 28th, 2018

It's getting on toward the end of the year, and you know what that means. Yes, it's time for LG's semi-annual executive shakeup. As usual, LG's management isn't happy with how the mobile division has done over the last year, so it's putting someone new in charge. That person is Brian Kwon, the current head of LG's home entertainment group.

LG is an overall profitable company, but the mobile communications division has been bleeding cash for years.

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LG reshuffling puts home entertainment president Brian Kwon in charge of mobile division was written by the awesome team at Android Police.

LG made more money in Q3 as mobile losses shrink slightly

Thursday, October 25th, 2018

LG is a profitable company overall, reporting growing profits almost every quarter. However, LG's mobile division has been an anchor around the company's neck. LG mobile still isn't profitable in the just-released Q3 results, but the losses have lessened. LG thinks it can turn the corner and start making money on smartphones again, but it's not exactly within striking distance of that goal.

LG reports that it saw an operating profit of $667.7 million last quarter, a 45% year-over-year increase.

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LG made more money in Q3 as mobile losses shrink slightly was written by the awesome team at Android Police.

Telltale Games is reportedly closing down and cancelling most current projects

Friday, September 21st, 2018

Telltale Games has won critical praise for titles like The Walking Dead and The Wolf Among Us, but that was not enough to keep the lights on. A flood of now-former employees report that Telltale is closing its doors in the near future after laying off most workers. Telltale has not officially confirmed any changes as of yet, but this looks like the end.

According to Gamasutra, Telltale has canceled all current projects save for one: The Walking Dead Season 4.

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Telltale Games is reportedly closing down and cancelling most current projects was written by the awesome team at Android Police.

Smart speaker sales up 187% in Q2 2018: Google Home leads the pack, Chinese market sees rapid growth

Friday, August 17th, 2018

With the ultra-affordable Google Home Mini and Echo Dot often on sale for as little as $30, it's no surprise that sales of smart speakers have gone through the roof over the past 12 months. The global market saw year-on-year growth of 187% in Q2, with total shipments increasing from 5.8 million in 2017 to a staggering 16.8 million for the same period in 2018. Google's lead from Q1 has been retained — it sold 5.4 million Home devices in the second quarter.

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Smart speaker sales up 187% in Q2 2018: Google Home leads the pack, Chinese market sees rapid growth was written by the awesome team at Android Police.

WhatsApp to monetize by selling ads and charging business users

Thursday, August 2nd, 2018

How to go about bringing in revenue has been a problem Facebook has failed to solve in the four years since it acquired WhatsApp. The world's most popular messaging app cost roughly $22 billion, but other than a brief experiment with charging an annual 99-cent subscription fee, there has been no clear plan on how to monetize the service.

There has been a reluctance to serve advertisements to its now 1.5 billion users, but it looks like that could change starting next year.

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WhatsApp to monetize by selling ads and charging business users was written by the awesome team at Android Police.

WhatsApp to monetize by selling ads and charging business users

Thursday, August 2nd, 2018

How to go about bringing in revenue has been a problem Facebook has failed to solve in the four years since it acquired WhatsApp. The world's most popular messaging app cost roughly $22 billion, but other than a brief experiment with charging an annual 99-cent subscription fee, there has been no clear plan on how to monetize the service.

There has been a reluctance to serve advertisements to its now 1.5 billion users, but it looks like that could change starting next year.

Read More

WhatsApp to monetize by selling ads and charging business users was written by the awesome team at Android Police.

Samsung’s Q2 2018 financial results show lower profits following ‘soft’ Galaxy S9 sales

Tuesday, July 31st, 2018

Samsung has posted its financial results for the second quarter of 2018. Following two glowing quarters, Q2 2018 was relatively cool, with sales and profits falling compared to both last quarter and Q2 2017. The Korean electronics manufacturer said that "softer sales" of both the Galaxy S9 line and display panels were largely to blame.

Slower sales don't necessarily mean slow sales, though. In the quarter ending July 30, Samsung posted KRW 58.48 trillion ($52.26 billion) in revenue, with KRW 14.87 trillion ($13.29 billion) in operating profit — both lower than last quarter, but the company isn't exactly in trouble.

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Samsung's Q2 2018 financial results show lower profits following 'soft' Galaxy S9 sales was written by the awesome team at Android Police.

LG announces a profitable Q2 despite continued losses in mobile

Thursday, July 26th, 2018

LG revealed its second-quarter results today, and the news is good overall. The company had sales of $13.9 billion (up 3.2%) and a profit of $715.1 million (up 16.1%). The profit is thanks to brisk sales of appliances and home theater equipment. However, LG's mobile division continues to lose money.

The mobile unit had sales of $1.92 billion, which is a decline from last year when it took in $2.39 billion. LG's mobile division lost $171.95 million, more than last year's $117 million loss. In Q2 last year, LG blamed losses mainly on poor sales performance by the G6.

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LG announces a profitable Q2 despite continued losses in mobile was written by the awesome team at Android Police.

New G Suite features announced: Gmail Smart Compose, Hangouts Chat Smart Reply, Docs grammar suggestions, and more

Wednesday, July 25th, 2018

Google has just revealed a host of new features for customers who use G Suite to organize their businesses. The additions are wide-ranging, covering areas such as security and productivity across products like Drive, Gmail, and Hangouts.

Some of the enhancements are available right away for members of the G Suite Enterprise Early Adopter Program (EAP), while some of them won't be rolled out to anyone until a bit later on in the year.

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New G Suite features announced: Gmail Smart Compose, Hangouts Chat Smart Reply, Docs grammar suggestions, and more was written by the awesome team at Android Police.

Justice Department files appeal to block Time Warner-AT&T merger

Thursday, July 12th, 2018

AT&T's landmark deal to acquire Time Warner might not be sailing through the courts after all. After getting approval for the deal in June, the US Justice Department has filed documents to appeal the decision, threatening to up-end AT&T's next big expansion.

In June, US District Court Judge Richard Leon ruled that the deal was legal, but he went a step further and opted to impose no conditions on the deal. That's unusual for a merger of this scale.

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Justice Department files appeal to block Time Warner-AT&T merger was written by the awesome team at Android Police.

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