Seven & Nine Unite Against ACCC Facebook/Google Probe
Complimenting previous remarks from Seven West Media’s Kerry Stokes, Nine Boss, Hugh Marks, has urged the Australian media industry to unite, as the ACCC prepares to... Read More
New Nokia Phones Landing in Oz This Week
Following their unveiling at Mobile World Congress 2018 (MWC), HMD Global has announced the latest suite of Nokia phones will land in... Read More
Steinhoff Ex-Chairman Sues For $6 Billion
Former Chairman of South-African furniture and homewares giant, Steinhoff, is suing the retail conglomerate US$4.8 billion (~A$6.35 billion), in a bid to... Read More
Wesfarmers Sales Up, Officeworks & Kmart Soar, Target Wobbles
Wesfarmers has posted a moderate 2.7% Q3 sales increase to $14.85 billion, as performance from Bunnings ANZ, Kmart and Officeworks continues to offset struggling sales... Read More
LG Posts Record Q1 Profit, Home Entertainment Up 76%
LG Electronics has posted a 20.2% increase in Q1 operating profit, following strong sales from its premium home appliances and TV range, thereby offsetting... Read More
Facebook Revenue Up 50% Despite Privacy Saga
Despite being embroiled in a data privacy firestorm, Facebook has beat analyst expectations and posted a ~50% increase in Q1 revenue to US$11.97... Read More
Samsung Profit Up 52%, S9 & Memory Chip Sales Strong
Samsung has continued its streak of bumper earnings, posting a 52% YoY increase in 1Q18 net profit [11.69 trillion won/US$10.8 billion], driven by... Read More
Westfield Takeover Tipped To Be Green Lit
Recent reports reveal Unibail-Rodamco’s ~$30 billion takeover of Westfield is likely to be green lit, just a month shy of the scheduled shareholder... Read More
Amazon Echo Spot Lands In Australia
Set to further ignite competition in the smart speaker market, Amazon has announced its Echo Spot is now available to buy in... Read More
Streaming Revenues Trump Music Downloads For First Time
IFPI’s latest Global Music Report reveals Apple and Spotify are the music industry’s largest revenue generators, with sales from music streaming surpassing physical and digital... Read More