Today LG announced a 46 per cent increase in net profit for the second quarter of 2012, owed to their performance in home entertainment and home appliances, which offset a decline in the company's mobile and air conditioning business.
Up-and-coming phone manufacturer HTC has posted its financial results for Q2 of 2011. Their financial prosperity echoes the company's motto of being 'Quietly Brilliant,' exceeding projected expectations.
The former head of defunct bitcoin exchange Mt. Gox, Mark Karpeles, pictured, has reportedly been arrested in connection with the disappearance of virtual currency worth hundreds of millions of US dollars.