Sony generated $780 million in operating profit during its first quarter this year, passing analyst expectations and securing a 39% year-over-year improvement. Sales were driven largely by Sony's camera sensor and PlayStation 4 units, signaling that the company's restructuring under CEO Kazuo Hirai is working.
Samsung Electronics hinted that it will cut prices on its Galaxy S6 phones following a quarter of disappointing sales of the flagship handsets and a fifth straight quarter of profit declines. The curved-screen S6 Edge proved popular, but Samsung failed to produce enough units to meet demand. The South Korean company will release more low-end models and move up shipments of its next Galaxy phone. Mobile revenues fell by 37% from the same period a year ago.
Hewlett-Packard said it is purchasing ActiveState's Stackato PaaS development platform to bolster its Helion cloud service offerings. HP and ActiveState have been partners since 2012. "The Stackato PaaS solution strengthens the HP Helion portfolio and reinforces HP's commitment to delivering customers open source solutions that help accelerate their transition to hybrid clouds," HP's Bill Hilf said.
The Department of Commerce's Bureau of Industry and Security released guidelines aimed at curbing the export of "intrusion software" this year. That proposal was heavily criticized by tech companies and researchers. Commerce officials say they will rethink it. It remains unclear when specifics will be released.
A new report finds that public and private organizations in the U.S. are significantly more worried about being victimized in cyberattacks today than they were just 12 months ago. In a poll of 500 business, government and law enforcement representatives, 75% of respondents reported feeling uneasy about cyberattacks, compared to 59% last year.
Representatives from four trade groups are requesting that Congress ease up on security and privacy regulations for the Internet of Things. "It's up to manufacturers and service providers to make good decisions about privacy and security, or they will fail in the marketplace. Industry-driven solutions are best to promote innovation while protecting consumers," said Gary Shapiro of the Consumer Electronics Association.
Television-makers have marketed curved TVs as a solution for better viewing angles and immersive viewing in the home, but high prices kept consumers from latching on to the trend, which has caused manufacturers to shift gears toward ultra-thin flat screens, Karine Heyden writes.
Best Buy will stock 360fly's 360-degree camera in 900 stores across the country starting in September after signing an exclusive distribution deal. "Having mass retail visibility at launch is extremely important to us, as we believe our camera goes beyond the extreme sports market and can be used in everyday lifestyle applications," 360fly's Michael Lanzon said.
China's Alibaba Group is planning to establish data centers in the Middle East, Europe and Japan as part of a $1 billion investment to develop cloud technology. The company's cloud-focused Aliyun unit works mainly with Chinese clients, but its strategy includes global expansion to challenge cloud-giant Amazon in Web services.
Microsoft says it will join forces with Internet of Things software developer Jasper to bring connected services to the cloud. "By bringing together the Jasper Platform and the Azure IoT Suite, businesses of any size and in any industry can build cost-effective IoT solutions for themselves or their customers," Azure IoT's Sam George said.