BREAKING NEWS: Samsung Oz Posts $58m Loss
Samsung Electronics Australia has dramatically widened its after-tax loss for the year to December 2017 to $57.95 million, compared to the previous... Read More
HP Delivers Record Growth Notebook Sales Up 15%
HP has held onto their #1 slot in the brutally competitive PC market with a 13% lift in sales. Notebook revenue was... Read More
BenQ TK800 4K Projector Heading To Oz For $2,499
Taiwanese-based, BenQ, has confirmed its new 4K ‘TK800 DLP’ projector will be available to purchase in Australia for RRP $2,499. BenQ claims the new TK800... Read More
Catch Group Sues Kogan For AdWords Trademark Breach
Catch Group has reportedly sued e-commerce rival, Kogan, alleging the company harnessed and breached “catch” trademarks in Google sponsored links, whilst attempting to drive... Read More
‘Android Enjoyed’ Tops NSW Complaints Register For Third Time
Online tech retailer, Android Enjoyed, topped the NSW Fair Trading Complaints Register for the third consecutive month, receiving 78 complaints during April. It... Read More
Optus Restructure To Slash 400 Jobs
Recent reports reveal Optus will slash around 400 jobs, as the telco looks to streamline operations amidst rising competition and margin pressures. The telco... Read More
eBay Takes On Amazon With Free Unlimited Delivery & Returns In Oz
eBay has thrown down the gauntlet against Amazon Australia, following the local launch of its new membership delivery service ‘eBay Plus’. Initially... Read More
Kayell Nabs Exclusive Distributing Rights For Wooden Camera
Kayell has been named the exclusive distributor for Wooden Camera in Australia and New Zealand. Wooden Camera is a Texas based company... Read More
NAB To Compensate Small Biz, Customers For Outage Losses
The National Australia Bank has agreed to repay small businesses across the nation that lost business due to the weekend’s nationwide outage... Read More
S&P Downgrades Telstra, Shares Slide
S&P Global Ratings has downgraded Telstra (from A to A minus), asserting the power of Australia’s largest telco has “diminished” – news... Read More
Samsung Forecasts Huge QLED TV Growth This Year
Samsung is forecasting exponential QLED TV growth in 2018, with analysts expecting the Korean giant to ship between 3.5 million and 4 million units this... Read More
Aussies Spent $21.3 Billion Online Shopping Last Year
Australia Post’s annual Inside Online Shopping Report reveals Aussies spent $21.3 billion online shopping last year – a whopping 80% of the figure... Read More
US And ZTE Reach Deal To Keep Company Afloat
The US Government and ZTE have made a deal to keep the Chinese smartphone business afloat once it pays a fine and... Read More
Google Home Outsells Amazon Echo Devices For First Time
For the first time ever, Google has outsold Amazon over its smart speakers with the Google Home range beating out the Echo... Read More
EXCLUSIVE: Is Officeworks, K Mart & Target Up For Sale, New York Bankers Think So
Is Wesfarmers still thinking about selling Officeworks, K Mart and Target? according to New York based investors Wesfarmers still has a private... Read More
Godfreys Appoints Hardy As CEO For Third Time
Following the mass resignation of its board, Godfreys has appointed Mr John Hardy as its new interim CEO – notably for the... Read More
Wesfarmers Management To ‘Pay’ For Bunnings UK Flop
Wesfarmers CEO, Rob Scott, affirms management will ‘pay’ for their failed Bunnings UK foray, following the sale of its international arm to... Read More
TPG Mobile Won’t Launch With Voice Service, Data Only
TPG Mobile has revealed its forgoing voice call services during initial launch, remaining data-only. The budget-friendly telco is set to arrive in the... Read More
Wesfarmers Sells Bunnings UK For Over $300M Loss
Following sluggish sales and significant losses, Wesfarmers has today announced its selling its Bunnings UK business to Hilco Capital, for a comparative pittance. The deal... Read More
NBN Co Axes 100Mbps Top Speed Plan, “Outrageous” Cost
NBN Co Chief, Bill Morrow, has announced they’ve “killed off” 100Mbps fixed wireless network plans, affirming the overall cost to taxpayers would be... Read More
Samsung Loses Patent Battle With Apple Set To Pay US$539m
The patent battle between Samsung and Apple has finally ended with a US jury saying Samsung should pay Apple US$539m over copying... Read More
Amazon Confirms Echo Secretly Shared User’s Private Convo
An Oregon woman has urged individuals to “unplug your Alexa devices now”, after her Echo smart speaker secretly recorded and shared a private conversation... Read More
Boost Warns T-Mobile & Sprint Merger Will Hurt Prepaid
Boost Mobile (AU & US) Founder, Peter Adderton, has warned the behemoth merger of Sprint and T-Mobile will likely harm prepaid customers... Read More
Oz Businesses Scammed $4.7 Million, Up 23%
The ACCC’s latest Targeting Scams report reveals Aussie businesses lost $4.7 million to scammers in 2017 – a notable 23% increase compared to the... Read More
Myer Amps Up Leadership Team With UK Hire
With Myer’s new CEO taking the reins early June, the department store has been shuffling its executive positions with a new chief... Read More
Westfield Takeover Approved, Largest In Australian History
As tipped by analysts, Westfield has announced its $30 billion takeover by French giant, Unibail-Roadamco, has officially been approved – a deal... Read More
Amazon Employees Get Up To $5K For Quitting
Amazon employees who quit their job will be handed $5000 but it means they can never work there again. According to CNBC, the online... Read More
Harvey Norman Snares Exclusive Distribution For Norton Core Router
Harvey Norman has snared exclusive local distribution for Symantec’s new Norton Core router – news which makes Australia the first country outside the US... Read More
ZTE Claims It Has Lost $3.1B From US Sanctions
ZTE says the seven-year US sanction placed on the company has cost them around US$3.1bn, according to those familiar with the matter.... Read More
Optus To Shut Down Virgin Mobile Australia By 2020
Following previous reports, Optus has revealed it’s phasing out the local Virgin Mobile brand, with total erasure expected by 2020. The news will see... Read More
New HTC U12+ Its “Biggest, Boldest” Flagship Ever
Following sluggish sales, the loss of over half its smartphone R&D team, and recent exit of its Global phone Chief, Taiwanese-based HTC has sought to prove... Read More
Godfreys Board Resigns, Arcade Director Takes Over
Disclosed in an ASX-statement, Godfreys board have announced their mass resignation, following the successful takeover of 99-year old Co-Founder John Johnston. The offer was made... Read More
Twitter Ending Apps For Android TV, Roku And Xbox
Twitter will be closing down its apps on Android TV, Roku and Xbox on May 24, the social media site has not... Read More
Siri Reveals She’s Getting A “Brand New Voice”
In a bid to further differentiate itself from Amazon’s Alexa and Google Assistant, recent reports reveal Apple’s Siri will soon get a... Read More
Russian Bacon Fakin’ Reviews
Fake reviews are nothing new on the Internet. But a Russian marketing agency is offering restaurants in cities hosting soccer World Cup... Read More
Former Vic Dept Boss Charged Over Failed Ultranet Project
A former deputy secretary at the Victorian Department of Education and Early Childhood Development has been charged over his role in the failed... Read More
David Jones Flicks CEO Just When CE & Appliance Sales Boom
Just when David Jones was getting its act together in the consumer electronics and appliance markets, John Dixon, the former Marks &... Read More
Shriro Shares Slump, Appliance Sales Impacted By Margin Pressure
Shares in Sydney based appliance distributor Shriro have slumped 11.4% after the Company announced a projected 15% slump in revenues. The Company... Read More
Adobe Targets E-Commerce With $1.68 Billion Magento Buy
Taking on Salesforce and Oracle, Adobe has announced it’s purchasing e-commerce services provider, Magento, for a whopping US$1.68 billion cash – its... Read More
Sharp Appoints New Australian B2B Sales & Marketing Manager
Sharp Australia has announced its appointed “industry veteran”, Mr Daniel Gard, as its new National Sales and Marketing Manager for B2B Office and Visual... Read More
Big Un CEO Resigns, Big Review TV In Voluntary Administration
Following a long-running media saga, recent reports reveal Big Un Limited Chief Executive, Richard Evertz, has resigned – news which follows the collapse of... Read More
Telstra Tipped To Slash Dividend Over Credit Pressure
UBS analysts forecast Telstra will slash its dividend – from 22 cents to 14 cents – following falling revenues and increased competition, coupled with... Read More
Apple Could Be Launching Cheaper, Beats Branded HomePod
Only months after the launch of its first smart speaker, Apple is reportedly planning to release a cheaper, Beats branded HomePod. Chinese... Read More
Toys ‘R’ Us Oz Enters Administration After Sale Falls Through
Following the collapse of its UK and US counterpart, Toys ‘R’ Us Australia has entered voluntary administration – debunking previous reports which... Read More
Sony Buying Majority Of EMI Music Publishing For US$2bn
Sony Corp is signing a deal for the company to buy majority control of EMI Music Publishing from Mubadala Investment Company for... Read More
Audio Active Recruits Former JB Hi-Fi General Manager
Melbourne-based distributor, Audio Active, has welcomed former JB Hi-Fi New Zealand General Manager, Bruce Thierbach, to its team, effective May 28th. Mr Thierbach takes... Read More
Kevin Russell Gets The Nod To Drive New Vocus Push
Former Telstra business consumer chief and former Optus CEO Kevin Russell, pictured, is the new CEO at No. 4 telco Vocus, replacing... Read More
Fujifilm To Sue Xerox For Failed Merger
Japanese-based Fujifilm has announced it intends to sue Xerox “as soon as possible”, claiming its [failed] US$6.1 billion merger contract is still... Read More
China Approves $18B Toshiba Chip Sale To Bain
Ending a year long saga, Chinese regulators have officially approved the sale of Toshiba’s memory chip business to the Bain consortium for US$18 billion.... Read More
Global PC Sales To Bottom Out In 2Q18
Following weaker-than-expected demand, suppliers expect the global PC market to bottom out in the [traditionally slow] second quarter of this year. According to Taiwanese-trade publication, DigiTimes,... Read More