Westfield’s Steven Lowy: “Retail At Inflection Point”
On the back of a hugely profitable first-half earnings result ($US589 million profit), Westfield’s Co-Chief Executive Steven Lowy has acknowledged the retail... Read More
NBN Chief Says No To Push To Drop 12Mbps Connections
NBN Co CEO Bill Morrow has said the network will definitely not drop the low-price 12Mbps service which has been criticised by... Read More
Aussie Biz Routers Under Attack, Top Security Team Warns
Teams of cyber crooks or spies have been breaking into the routers and switches of a number of Australian organisations and extracting... Read More
Telstra’s Mobile Market Share In Decline
Telstra experienced a decline in mobile phone market share for the quarter ending June 30, but still remains well ahead of other competitors.... Read More
Vodafone Streamlines Postpaid Plans As Telstra Stumbles
Vodafone has moved to simplify its mobile offering by doing away with two-year lock in consumer contracts for plans that combine voice,... Read More
Microsoft Invests in Cloud Via Start-Up Buy
Microsoft has purchased cloud computing start-up, Cycle Computing, for an undisclosed sum. The company states the acquisition will enable customers to “use... Read More
Global Notebook Sales Rise, Says Trendforce
Market research firm Trendforce has claimed that global notebook shipments for this second quarter of 2017 amounted to a sequential quarterly increase of 5.7%... Read More
Yamaha Cuts Deezer Deal
Music streaming brand Deezer has announced a new retail partnership with Yamaha Australia, encompassing musical instruments, professional audio equipment and home audio. Deezer’s... Read More
USYD Develops Re-Chargeable Zinc-Air Batteries
In partnership with Singapore-based Nanyang Technological University, chemical engineers at the University of Sydney (USYD) have developed re-chargeable zinc-air batteries. The innovative... Read More
Pandora Names New CEO
Struggling streaming player Pandora has named its next CEO, Roger Lynch. “I cannot imagine a more important and exciting time to join... Read More
Breville Acquires Water & Air Purification Brand
Breville has announced the acquisition of South Australian-based water and air purification distributor, Aquaport. Purchased from Aquaport Corporation, Breville states the acquisition will provide it a new product segment across... Read More
Southern Cross Plans Faster Cable Link To US, Pacific Islands
A survey of around 15,000km of Pacific Ocean seabed has reportedly found a faster route for the Southern Cross “Next” cable project,... Read More
Telstra’s muru-D Program To Accelerate Four Start-Ups
Telstra has recruited the first cohort of IoT-focused start-ups into the Melbourne branch of its muru-D start-up accelerator program. The four successful... Read More
Intel & Microsoft To Bring Bitcoin Tech To Businesses
Intel and Microsoft are partnering together to bring blockchain – the technology behind bitcoin cryptocurrency – to businesses. Claimed to be a... Read More
Snap User Growth Declines Yet Ad Revenue Rises
In spite of a disappointing earnings report, Snapchat maintains advertiser growth is booming. Though Snapchat’s latest report revealed new user growth was... Read More
Hobart To Get Australia’s First Apple-Pay Parking
Courtesy of a new partnership with Smart Parking Limited, Hobart City Council is set launch a major upgrade to the Tasmanian capital’s parking... Read More
Nintendo Hit With Lawsuit Over Switch Controllers
A lawsuit has been filed against Nintendo by accessory-maker Gamevice over the design of the wireless Joy-Con controllers used in its Switch gaming... Read More
SoundCloud Gains Funding, Loses CEO
Embattled music streaming service SoundCloud has finally secured the funding necessary to solve its impending debt crisis. “This financing means SoundCloud remains... Read More
ACCC Pursues $50,000 Penalty Against Printer Cartridge Scammer
The ACCC has launched action against a man previously ordered to pay $50,000 for his involvement in the “false or misleading representations” of... Read More
COMMENT: Smart Effect, Why There Is More Upside Tipped For JB Hi Fi
Sales growth for JB Hi Fi and The Good Guys is looking good but I suspect more is set to come in... Read More
BREAKING NEWS: JB Hi-Fi Sales Soar 42.3% Record Heights
JB Hi-Fi has reported a 42.3% increase in sales, notching record heights of $5.6 billion. Profits have jumped 36.5% to $207.7 million.... Read More
The Good Guys Lags Behind JB Mothership In Sales Growth
A new yearly earnings report has shed light on the market performance of The Good Guys, during the appliance retailer’s first year under the JB Hi-Fi... Read More
Australians Write Off Millions Of Smartphones
2.5 million smartphones have been lost or destroyed by Australians in the last five years according to a survey from comparison site... Read More
Snap Shares Slump Further
Snap is hoping for a turnaround in its fortunes this week after its shares fell more than 14 percent to a record... Read More
HBO Offers More To Hackers
Time Warner’s HBO network has revealed it offered US$250,000 to cyber criminals who hacked into its computer system. The offer, made last... Read More
Hon Hai Not Quite Hup To It
Apple iPhone supplier Hon Hai Precision has reported disappointing earnings as growth in worldwide smartphone shipments plateaued. The world’s biggest contract manufacturer... Read More
Receiver In At NBN Subcontractor
The seemingly constantly beleaguered National Broadband Network has been hit by another controversy, with Victoria-based subcontractor Trilogie Resourcing filing for bankruptcy. Trilogie... Read More
ACCC Release Latest NBN Quarterly Indicators Report
The Australian Competition and Consumer Commission has released its sixth quarterly National Broadband Network Wholesale Market Indicators Report, revealing there are now at... Read More
SoundCloud Set To Secure Financial Future
Reports say that SoundCloud’s search for the funding necessary to secure its continued existence may be at an end. As originally reported by... Read More
Foxtel Blames Income Decline On Presto Shutdown & Ten Crisis
Foxtel has reported declines in net income and EBITDA for the financial year ending June 30, contributing to an overall loss of US$643... Read More
Snap Stumbles In Latest Earnings Report
The share price for social media giant Snap has fallen 16% to an all time low following a disappointing earnings report for... Read More
Consumer Reports Slam Microsoft Surface Over Reliability Concerns
New claims by US-based Consumer Reports have found Microsoft’s Surface devices sorely lacking when it comes to reliability. As originally reported by... Read More
Optus: Revenue Up, Profit Down
Optus has reported an increase in operating revenue for its first quarter ending June 30, partially offsetting a drop in underlying net profit during... Read More
ACCC To Take On Domain Name Corp Over ‘Deceptive Conduct’
The ACCC has instituted proceedings against Domain Name Corp Pty Ltd and Domain Name Agency Pty Ltd, alleging that they engaged in... Read More
BP-Woolworths Deal ‘May Substantially Lessen Competition’
The ACCC has raised concerns that BP’s proposed acquisition of Woolworths’ service stations could lead to less competition and higher petrol prices.... Read More
Complaints For Telstra & Optus Continue To Increase
Telstra and Optus have seen an increase in complaints for the second quarter of 2017 to the highest levels in at least four... Read More
Nintendo Switch Could Face Fresh Round Of Supply Problems
A fresh round of financial problems for component-manufacturer Japan Display Inc could see Nintendo lose the sole supplier for the displays used in... Read More
Exclusive: CE Vendors Respond To Harvey Norman-GFK Split
Several vendors in the consumer electronics space have indicated they will continue to work with GFK Australia, despite the decision by major... Read More
Apple Under Washington Scrutiny Over Qualcomm Patents
The US International Trade Commission has confirmed that it will conduct a probe into chipmaker Qualcomm’s claims that Apple has violated its... Read More
Reckon Heads For The Cloud
Accounting software provider Reckon has posted a three percent lift in revenue for the six months ended June 30 2017, and notes... Read More
One Nation May Ally With Xenophon On New Media Probe
It’s looming as a highly unlikely political marriage, but Pauline Hanson’s One Nation is considering a deal under which it would support... Read More
Musk Again Adelaide-Bound, This Time To Float Mars Plan
Tesla and Space X leader Elon Musk has flagged a potential return visit to Adelaide, as his company SpaceX prepares to unveil... Read More
Foxtel Pirate Receives 18-Month Suspended Sentence
A Sydney man has been sentenced to serve an 18-month suspended jail term after illegally selling access to Foxtel services to thousands of people. 33-year-old Haidar... Read More
Australians Said To Have Been ‘Ripped Off’ On Domain Names Since 2008
Australian domain name owners have claimed that the organisation governing .au domain names has been artificially inflating pricing within the Australian market. According to a... Read More
Lithium Processors May Fall Short Of Electric Car Demands
Demand for battery-grade lithium compounds is expected to skyrocket in coming decades on soaring demand for electric cars. While there is plenty... Read More
Fuji Xerox A/NZ Scandal: Tokyo Tightens The Reins
Japanese printing giant Fuji Xerox has named new board appointments to keep watch on its Australian and NZ operations, following the accounting... Read More
Xero Signs Up 100 Oz Banks, Other Financial Bodies
New Zealand based accountancy software provider Xero – a major competitor for the Sydney-based MYOB – says it has signed up 100... Read More
Security Vulnerabilities Found In Solar Panels
Thousands of Australian homes that use solar panels and connect back to the electricity grid could be targeted by hackers a Dutch... Read More
Ambertech Shares Fall After Company Announces Loss
Sydney-based Ambertech, who back in June, failed to tell the market that they had lost key consumer accounts has announced that they... Read More
Samsung Heir Could Face 12-Year Sentence
Prosecutors in the corruption case involving Samsung Electronics vice chairman Jay Y. Lee have recommended the heir be handed a 12-year prison... Read More