Samsung today announced its first quarter results ended March 31, 2012 with revenue of 45.27 trillion Korean won (nearly $40 billion US) on a consolidated basis, a 22-percent increase year-on-year. For the quarter, the company’s consolidated operating profit reached an all-time high of 5.85 trillion won (about $5.1 billion) representing a 98-percent increase year-on-year....

The daily deal site Groupon’s CEO Andrew Mason told his employees that “we must avoid taking stupid risks”, according to The Wall Street Journal. Mason also discussed how the Chicago Company doesn’t “have any margin for error.” He told employees they will hear management “talk a lot about” compliance with Sarbanes-Oxley accounting...

SAP which last week announced its Q1 2012 preliminarily results yesterday comes out with the real figures which states what the Q1 2012 actually holds for the company. The company reports for the 9th consecutive quarter of double-digit growth in non-IFRS software and software-related service revenue. The software revenue increased 4% to €637 million with the non-IFRS...

With the last week news that which smartphone is going to be Intel’s first smartphone – Lenovo’s K800 or Lava Xolo X900 – among which Lava’s Xolo X900 won. And, now, Intel CEO Paul Otellini had one to show off during an appearance on CNBC. He calls it “the highest-performing handset on the market, as far as we can tell.” If it is still unknown to...

Kaspersky Lab last week detailed the reason that why Apple’s recent flashback Trojan infected Mac. ZDNet reports that speaking to CBR at Info Security 2012, Kaspersky told that Apple is a long way behind Microsoft almost 10 years when it comes to security and will have to change the ways it approaches updates following the recent malware attacks. “I think...

Logitech has announced its financial results for the fourth quarter and full year of Fiscal Year 2012, beating the estimates. Sales for Q4 FY 2012 were $532 million, down 3 percent from $548 million in Q4 FY 2011. Excluding the unfavorable impact of exchange rates, sales decreased by 2 percent compared to the prior year. Operating income was $24 million compared...

Slashgear is reporting that Google’s cloud storage service Google Drive soon to have an addition: the Drive is coming to Linux, extending the online file service it is currently offering to Windows and Mac. Cited “Google Docs community manager Teresa Wu” as source of information, who told users to “hand tight” as the version for their open-source based...

Following up the first-look of a BlackBerry 10 phone we posted back in late January followed by Crackberry culled several pictures that it reportedly prepared from company’s external ad agency which is partners as a BB10 briefing document. The current news continuing the story is that Research In Motion is gearing up to release its first BlackBerry 10 device. N4BB...

Panasonic which announced its first smartphone for the European market – the Panasonic Eluga, a 4.3-inch smartphone – which was first revealed back in December 2011 – was unnamed at that time, comes with a 960 X 540 resolutions and NFC onboard and will be waterproof, dustproof which later comes to NTT Docomo on March 29th. Android Central reports that online...

Search Engine Land reports that Google has announced that it is releasing a new searching engine, which will goes live today and will enhance an impact of about 3% of search queries in total. The new search engine will better catch people who spam its search results or purposely do things to rank better that are against Google’s publishers guidelines. From the...