LG forecasts highest quarterly profit in 9 years in Q1 2018

<img alt="" src="http://images.fonearena.com/blog/wp-content/uploads/2018/03/LG-V30S-ThinQ_fonearena-15-1024x590.jpg" /> LG posted record profits of 921.5 billion won (US$ 798.3 million), up 82.4% YoY in Q1 2017. The company today released preliminary earnings results for the first quarter of 2018 which shows operating profit of 1.1 trillion won (US$1 billion), up 20.2% year-on-year, marking the highest first quarter revenues and operating profit in the history of the company and highest quarterly operating income in nine years. It expects revenues of 15.1 trillion won for the quarter, up 3.2% compared to 14.66 trillion won in the same quarter last year. This is less than 15.4 trillion won estimate by analysts. Increase in profits is expected to be due to strong sales in OLED TVs and premium home appliances, but the mobile phone division is not expected to post profits, same as the the past few quarters, but analysts predict the the division is expected to post smaller loss than the previous quarter. LG did not announce the performance of each business division. We should know the exact profit amount and division-wise results when they releases its full earnings results later this month. Source   <div class="feedflare"><a href="http://feeds.feedburner.com/~ff/fone-arena?a=oD6XdqSdFxE:6aDo7D3leeg:yIl2AUoC8zA"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?d=yIl2AUoC8zA" /></a> <a href="http://feeds.feedburner.com/~ff/fone-arena?a=oD6XdqSdFxE:6aDo7D3leeg:V_sGLiPBpWU"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?i=oD6XdqSdFxE:6aDo7D3leeg:V_sGLiPBpWU" /></a> <a href="http://feeds.feedburner.com/~ff/fone-arena?a=oD6XdqSdFxE:6aDo7D3leeg:D7DqB2pKExk"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?i=oD6XdqSdFxE:6aDo7D3leeg:D7DqB2pKExk" /></a> <a href="http://feeds.feedburner.com/~ff/fone-arena?a=oD6XdqSdFxE:6aDo7D3leeg:7Q72WNTAKBA"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?d=7Q72WNTAKBA" /></a></div> <img alt="" height="1" src="http://feeds.feedburner.com/~r/fone-arena/~4/oD6XdqSdFxE" width="1" /><br /> <a href="http://www.fonearena.com/blog/248916/lg-record-profit-q1-2018-forecast.html">Read Here»</a>

LG forecasts highest quarterly profit in 9 years in Q1 2018

LG posted record profits of 921.5 billion won (US$ 798.3 million), up 82.4% YoY in Q1 2017. The company today released preliminary earnings...

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Microsoft Office 365 Gets Built-in Ransomware Protection and Enhanced Security Features

Ransomware has been around for a few years, but it has become an albatross around everyone's neck, targeting big businesses, hospitals, financial institutions and individuals worldwide and extorting millions of dollars. Last year, we saw some major ransomware outbreaks, including WannaCry and NotPetya, which wreaked havoc across the world, hitting hundreds of thousands of computers and <div class="feedflare"><a href="http://feeds.feedburner.com/~ff/TheHackersNews?a=R-3QazZjMxA:wGuVSngbBYM:yIl2AUoC8zA"><img border="0" src="http://feeds.feedburner.com/~ff/TheHackersNews?d=yIl2AUoC8zA" /></a></div> <img alt="" height="1" src="http://feeds.feedburner.com/~r/TheHackersNews/~4/R-3QazZjMxA" width="1" /><br /> <a href="https://thehackernews.com/2018/04/microsoft-office-ransomware.html">Read Here»</a>

Microsoft Office 365 Gets Built-in Ransomware Protection and Enhanced Security Features

Ransomware has been around for a few years, but it has become an albatross around everyone's neck, targeting big businesses, hospitals, ...

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Uber now holds upfront fare amount for credit and debit card payments in India

<img alt="" src="http://images.fonearena.com/blog/wp-content/uploads/2018/04/Uber.jpg" /> Uber India has announced that is has started rolling out payment authorization hold feature that allows Uber to authorize hold your upfront fare amount before your trip begins for non-cash credit and debit card payment method for every trip requested. Uber says that this is to confirm that a user’s account is active and available to fund their trips. How does this work? When you request for a ride, a temporary authorization hold is placed on your chosen payment method, for the upfront price of the trip. This will show up as a “pending” charge on your account. If the account balance of your credit or debit card linked to the rider's account is lower than the fare estimate, the authorization hold will fail. You will need to choose a different payment method or add a new payment method to your Uber account in order to request a ride. When the trip completes, this hold is converted to a charge for the final trip fare. Your bank may send you one or more SMS’ to notify you of both the hold and the actual charge. If the trip has been cancelled or the total fare is different than the upfront price, the original ... <div class="feedflare"><a href="http://feeds.feedburner.com/~ff/fone-arena?a=5ZFCMVS5Fjc:o2IQO86FDFs:yIl2AUoC8zA"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?d=yIl2AUoC8zA" /></a> <a href="http://feeds.feedburner.com/~ff/fone-arena?a=5ZFCMVS5Fjc:o2IQO86FDFs:V_sGLiPBpWU"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?i=5ZFCMVS5Fjc:o2IQO86FDFs:V_sGLiPBpWU" /></a> <a href="http://feeds.feedburner.com/~ff/fone-arena?a=5ZFCMVS5Fjc:o2IQO86FDFs:D7DqB2pKExk"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?i=5ZFCMVS5Fjc:o2IQO86FDFs:D7DqB2pKExk" /></a> <a href="http://feeds.feedburner.com/~ff/fone-arena?a=5ZFCMVS5Fjc:o2IQO86FDFs:7Q72WNTAKBA"><img border="0" src="http://feeds.feedburner.com/~ff/fone-arena?d=7Q72WNTAKBA" /></a></div> <img alt="" height="1" src="http://feeds.feedburner.com/~r/fone-arena/~4/5ZFCMVS5Fjc" width="1" /><br /> <a href="http://www.fonearena.com/blog/248920/uber-authorization-hold-india.html">Read Here»</a>

Uber now holds upfront fare amount for credit and debit card payments in India

Uber India has announced that is has started rolling out payment authorization hold feature that allows Uber to authorize hold your upfront...

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Whats the Difference Between a Bitcoin Wallet and an Exchange?

A Bitcoin wallet is basically a software program in which you store Bitcoin. An exchange lets you convert “real money” like US dollars to Bitcoin. Exchanges also provide a wallet—but you don’t necessarily have full control of that wallet.<br />

Whats the Difference Between a Bitcoin Wallet and an Exchange?

A Bitcoin wallet is basically a software program in which you store Bitcoin. An exchange lets you convert “real money” like US dollars to Bi...

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