September 2014 in review: BlackBerry unveils Passport, Home Depot is breached

It was sort of a glass half full or half empty scenario when BlackBerry Ltd. Reported a loss of $207 million in its last quarter but said its profits amounted to US916 million.

“From a revenue standpoint, we might not be in the lowest point, but we are near the bottoming out,” said CEO John Chen. “We delivered a solid second quarter against our key operational metrics…and we are confident that we will achieve break-even cash flow by the end of FY2015.”

It was also in September, that BlackBerry finally unveiled its new smart phone the oddly square-screened Passport.

One of the biggest investigations into retail data theft commences after Home Depot confirmed that Canadian and American customers at its home improvement stores could have been affected since April by a breach of its payment card system.

“While the company continues to determine the full scope, scale and impact of the breach, there is no evidence that debit PIN numbers were compromised,” Home Depot said in a statement. But that means that credit cards could have been compromised.

Lenovo moves closer to sealing a US$2.1 billion deal to buy the x86 server and associated lines from IBM.

The deal officially closes Oct. 1, with Lenovo gaining the System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations from IBM.

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Nestor E. Arellano
Nestor E. Arellano
Toronto-based journalist specializing in technology and business news. Blogs and tweets on the latest tech trends and gadgets.

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