Foxconn announces $226 million half-year net loss, blames usual suspects
By Daniel Cooper posted Aug 28th 2012 6:05AM Manufacturing behemoth Foxconn (Hon Hai) has announced a record net loss of $226 million on turnover of $2 billion for the first half of the year. Unsurprisingly, it attributed the loss to the European debt crisis, global economic slowdown and its customers “continuous struggle” for market share. While it made a big push to encourage new customers, capacity far outstripped...
Lexmark exiting inkjet printer business, to lay off 1,700
Lexmark International has exited the inkjet printer business and is laying off 1,700 people as part of a restructuring plan to improve profitability. Lexmark’s restructuring will result in job cuts mainly tied to the inkjet business, including 1,100 manufacturing positions, the company said in a statement Tuesday. As part of the restructuring plan, the company is shutting down an inkjet supplies manufacturing facility in the...
Barnes & Noble bringing Nook Simple Touch with GlowLight to UK retailer John Lewis in the fall
By Brian Heater posted Aug 28th 2012 6:29AM Last week, Barnes & Noble spilled its plans to bring its popular e-reader to the UK through its own storefront, and now retailer John Lewis is getting in on the fun. This fall, the Nook Simple Touch and Simple Touch with GlowLight will be hitting the chain’s 37 UK locations, offering up customers a chance to interact with the devices. John Lewis will also be selling the device...
New FileMaker 12 Software Line Released Today
FileMaker, Inc. today announced the release of the FileMaker 12 database software line — including FileMaker Pro 12, FileMaker Go 12, and FileMaker Server 12 — which offers powerful new ways to create custom database apps for iPad, iPhone, Mac, Windows, and the web. New professionally designed themes and the ability to customize every detail make it easy to create databases for managing contacts, projects, digital content, and more....
Garmin Forerunner 10 is a GPS watch designed for outdoor fitness, we go hands-on
By Zach Honig posted Aug 28th 2012 7:00AM Having a svelte design is paramount to the success of any fitness accessory — a desire to avoid hassle often prompts those of us who opt for purging calories without the convenience of a climate-controlled gym to leave smartphones, and even watches at home. That means nifty contraptions like Garmin’s new Fenix all-in-one wearable don’t make it to the jogging path, making a...
