Daily Archives: March 13, 2016

With just 3 games, Supercell made $924M in profits on $2.3B in revenue in 2015

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The company made profits (before certain items) of €848 million, or $964 million, on revenues of €2.109 billion, or $2.326 billion. That compares to earnings before income tax, depreciation, and amortization of €515 million, or $592 million, in 2014, on revenues of €1.545 billion, or $1.777 billion.

The company also paid a dividend of €14 ($15.50) per share, resulting in a total dividend payout of €603 million, or $669 million. Supercell also initiated a share buyback scheme from its employees amounting to €114 million, or $128 million, in the past year.

That’s an incredible financial result for a company with just 180 employees. And 2016 is off to a good start, as Supercell’s Clash Royale has take the No. 1 spots in top downloads and top-grossing games in the U.S. Apple app store. The game is No. 1 in 44 countries right now. Supercell just announced that it has more than 100 million daily active users in almost every country.

Source: With just 3 games, Supercell made $924M in profits on $2.3B in revenue in 2015

How a hacker’s typo helped stop a billion dollar bank heist

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The hackers breached Bangladesh Bank’s systems and stole its credentials for payment transfers, two senior officials at the bank said. They then bombarded the Federal Reserve Bank of New York with nearly three dozen requests to move money from the Bangladesh Bank’s account there to entities in the Philippines and Sri Lanka, the officials said.

Four requests to transfer a total of about $81 million to the Philippines went through, but a fifth, for $20 million, to a Sri Lankan non-profit organization was held up because the hackers misspelled the name of the NGO, Shalika Foundation.

Hackers misspelled “foundation” in the NGO’s name as “fandation”, prompting a routing bank, Deutsche Bank, to seek clarification from the Bangladesh central bank, which stopped the transaction, one of the officials said.

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The transactions that were stopped totaled $850-$870 million, one of the officials said.

Source: How a hacker’s typo helped stop a billion dollar bank heist

Windows 10 Upgrade Reportedly Starting Automatically On Windows 7 PCs – Slashdot

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Many users have confirmed in the comment section of a popular reddit post that “Windows 7 computers are being reported as automatically starting the Windows 10 upgrade without permission.” It’s no secret that Microsoft wants users to upgrade to their new OS. Earlier in the year, Windows 10 was set as a ‘recommended update’ so when you install new security or bug patches, the new OS is selected by default as well.

Source: Windows 10 Upgrade Reportedly Starting Automatically On Windows 7 PCs – Slashdot

Bloody hell, Microsoft, how do you think it’s OK to do this to people’s computers?!