Sony Records Quarterly Net Loss of $115M

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Sony reported an eighth consecutive quarterly net loss of $115 million today as the Japanese company continues to suffer from a weak demand for televisions worldwide.

The company was not as far in the red in 2012, however. In the same quarter the previous year, Sony posted a $1.7 billion net loss.

Sony brought in $22.4 billion in revenue in its October to December quarter up nearly seven percent from the same time last year. The company attributed the improvement to its mobile products and communications business, which enjoyed a 94.4 percent year over year increase.

Sony’s pictures division and financial services division, meanwhile, saw a 30 percent and 21 percent revenue surge respectively.

Sony’s game division revenues, however, dropped 15 percent while the home entertainment and sound division dipped 18 percent. The firm sold only 4.2 million LCD sets globally in 2012 —1.2 million fewer than last year.Increased competition and a high yen have also taken a toll on Sony.

Despite the issues faced by the firm, Sony is predicting it will return to profit for the quarter ending in March.

Part of the plan to achieve that goal is a new range of products including mobile devices, cameras and a new-generation Playstation 4.

Post from: SiteProNews: Webmaster News & Resources

Sony Records Quarterly Net Loss of $115M

Sony Records Quarterly Net Loss of $115M

Written by: admin Date of published: . Posted in test

Sony reported an eighth consecutive quarterly net loss of $115 million today as the Japanese company continues to suffer from a weak demand for televisions worldwide.

The company was not as far in the red in 2012, however. In the same quarter the previous year, Sony posted a $1.7 billion net loss.

Sony brought in $22.4 billion in revenue in its October to December quarter up nearly seven percent from the same time last year. The company attributed the improvement to its mobile products and communications business, which enjoyed a 94.4 percent year over year increase.

Sony’s pictures division and financial services division, meanwhile, saw a 30 percent and 21 percent revenue surge respectively.

Sony’s game division revenues, however, dropped 15 percent while the home entertainment and sound division dipped 18 percent. The firm sold only 4.2 million LCD sets globally in 2012 —1.2 million fewer than last year.Increased competition and a high yen have also taken a toll on Sony.

Despite the issues faced by the firm, Sony is predicting it will return to profit for the quarter ending in March.

Part of the plan to achieve that goal is a new range of products including mobile devices, cameras and a new-generation Playstation 4.

Post from: SiteProNews: Webmaster News & Resources

Sony Records Quarterly Net Loss of $115M

Microsoft, Symantec Kill Click Fraud Botnet – Hackers were Stealing Personal Info, Engaging in Ad Click Fraud

Written by: admin Date of published: . Posted in test

Microsoft and Symantec are being hailed as cyber heroes after taking down a botnet controlling hundreds of thousands of computers yesterday (Feb. 6).

The Microsoft Digital Crimes Unit, in collaboration with security firm Symantec, disabled a network of infected computers that malicious hackers were using to commit fraud.

Using the Bamital botnet, the cyber-criminals were installing malware onto computers for two purposes: to steal victims’ personal data and to fraudulently charge businesses for online advertisement clicks.

Microsoft and Symantec research indicates more than eight million computers were attacked by Bamital in the past two years. Also victimized were major search engines and browsers, including those offered by Microsoft, Yahoo and Google.

SearchQueryDirection_infected_Page

“By taking down the cybercrime ring, more than 300,000 people around the world will regain control of their computers,” Richard Boscovich, assistant general counsel with Microsoft’s Digital Crimes Unit, said in a blog post.

“What’s most concerning is that these cybercriminals made people go to sites that they never intended to go to, and took control of the computer away from its owner,” Boscovich said. “Much like being coerced through a dark alleyway, this redirection would leave the person whose computer was already infected with Bamital more vulnerable to becoming targeted for other crimes, such as identity theft and additional malware infections.”

Microsoft filed a lawsuit Jan. 31, supported by a declaration from Symantec, against the botnet’s operators to sever all the communication lines between the botnet and the malware-infected computers under its control. Microsoft’s request was granted Feb. 6 and, later that day, Microsoft employees — escorted by the U.S. Marshals Service — seized evidence from web-hosting facilities in Virginia and New Jersey.

The botnet takedown rendered the computers of thousands of victims temporarily useless. Microsoft redirected the browsers of those affected to a website with directions on how to clean up their PCs.

Malware

Although the hackers behind the botnet remain faceless entities, it is believed they hail from Russia or another Eastern European country. The takedown, known as Operation b58, is the sixth botnet disruption operation in three years by Microsoft, and the second done in co-operation with Symantec.

Post from: SiteProNews: Webmaster News & Resources

Microsoft, Symantec Kill Click Fraud Botnet

Microsoft, Symantec Kill Click Fraud Botnet – Hackers were Stealing Personal Info, Engaging in Ad Click Fraud

Written by: admin Date of published: . Posted in test

Microsoft and Symantec are being hailed as cyber heroes after taking down a botnet controlling hundreds of thousands of computers yesterday (Feb. 6).

The Microsoft Digital Crimes Unit, in collaboration with security firm Symantec, disabled a network of infected computers that malicious hackers were using to commit fraud.

Using the Bamital botnet, the cyber-criminals were installing malware onto computers for two purposes: to steal victims’ personal data and to fraudulently charge businesses for online advertisement clicks.

Microsoft and Symantec research indicates more than eight million computers were attacked by Bamital in the past two years. Also victimized were major search engines and browsers, including those offered by Microsoft, Yahoo and Google.

SearchQueryDirection_infected_Page

“By taking down the cybercrime ring, more than 300,000 people around the world will regain control of their computers,” Richard Boscovich, assistant general counsel with Microsoft’s Digital Crimes Unit, said in a blog post.

“What’s most concerning is that these cybercriminals made people go to sites that they never intended to go to, and took control of the computer away from its owner,” Boscovich said. “Much like being coerced through a dark alleyway, this redirection would leave the person whose computer was already infected with Bamital more vulnerable to becoming targeted for other crimes, such as identity theft and additional malware infections.”

Microsoft filed a lawsuit Jan. 31, supported by a declaration from Symantec, against the botnet’s operators to sever all the communication lines between the botnet and the malware-infected computers under its control. Microsoft’s request was granted Feb. 6 and, later that day, Microsoft employees — escorted by the U.S. Marshals Service — seized evidence from web-hosting facilities in Virginia and New Jersey.

The botnet takedown rendered the computers of thousands of victims temporarily useless. Microsoft redirected the browsers of those affected to a website with directions on how to clean up their PCs.

Malware

Although the hackers behind the botnet remain faceless entities, it is believed they hail from Russia or another Eastern European country. The takedown, known as Operation b58, is the sixth botnet disruption operation in three years by Microsoft, and the second done in co-operation with Symantec.

Post from: SiteProNews: Webmaster News & Resources

Microsoft, Symantec Kill Click Fraud Botnet