EXCLUSIVE: Dick Smith Dying Days Financials Revealed
Nick Aboud the former CEO of Dick has told Anchorage Capital executives that Dick Smith should never have been placed onto receivership.... Read More
Optus To Slash 1,000 Jobs After Paying Over $180M For Brit Premier League Rights
Optus who has been telling everyone how good their business is going is about to slash 1,000 jobs, secret documents have revealed.... Read More
Gerry Harvey Slams Anchorage Capital Over Dick Smith, As He Expands Overseas
Total Australian franchisee sales for the six months to December were up by 7.7 per cent to $2.72 billion. According to Gerry... Read More
PC Industry Starts To Turn On Microsoft
Long-time partners of Microsoft, especially the one’s that the big software Company is openly stabbing in the back, when they are down,... Read More
HTC Vive, One Of The Hottest Products At MWC Set To Go On Sale Today In OZ
One of the hottest products at the Mobile World Congress in Barcelona was the HTC Vive which will go on sale in... Read More
EXCLUSIVE: Harvey Norman Tipped To Be Going After After Dick Smith Move Stores
A three-way fight is believed to have broken out between major consumer electronics stores for the Dick Smith Move stores, which are... Read More
Sony SmartBand 2 Launches In Oz
Sony’s SmartBand 2 activity tracker has landed in the local market, with Sony today advising that it is available now. Sony describes... Read More
EXCLUSIVE: Harvey Norman To Distribute Monster + Solo 3DR Drone
Ariston a Company that is 60% owned by Harvey Norman in Australia, is set to distribute the Monster brand along with the... Read More
Harvey Norman Confirms Airport Dick Smith, Move Stores Bid
As exclusively tipped by ChannelNews Gerry Harvey the Chairman of Harvey Norman, has confirmed that the mass retailer is looking to buy... Read More
BREAKING NEWS:Sharp Deal Put On Hold After Foxconn Discover More Liabilities
Liabilities not disclosed by the debt riddled Sharp Corporation is set is set to scuttle the announcement made yesterday that Foxconn was... Read More
Woolworths Declares $2.9 Billion Dollar Loss
Woolworths the owners of Big W and Masters, has unveiled a total first-half loss of $2.09 billion. The struggling retailer has also... Read More
Sky-High Prices = Sky-High Profits? Harvey Norman Profit Soars
It appears to be a case of sky-high prices and sky-high profits for Harvey Norman, with the retailer, which has been slammed... Read More
ASIC Moves In On Dick Smith Directors While Other Retailers Eye Off The Carcass
The Australian Securities and Investment Commission who have more powers, now that Dick Smith has been placed into liquidation, is set to... Read More
Embarrassing Backdown For Scandal Riddled Toshiba After Product Launch Pulled
In an embarrassing move scandal riddled Toshiba has been forced to pull the launch of a brand new wearable device that was... Read More
EXCLUSIVE:Former Best Buy Company Makes Offer For Dick Smith Tipped To Be Accepted
The Five Star Chinese retail chain that was 75% owned by giant US consumer electronics retailer Best Buy has put in a... Read More
Harvey Norman Technology Pricing “Obscene” Claims Shoppers
Outraged shoppers have described Harvey Norman pricing for consumer electronic goods as obscene after they were caught flogging a Microsoft mouse for... Read More
Sharp OZ Future Looks Grim, Parent Company To Decide This Week On It’s Future.
The future of Sharp Australia’s operations is hanging in the balance with it’s Japanese parent Company set to make a decision this... Read More
EXCLUSIVE:Harvey Norman Execs Fly To China To Cut Toshiba TV Deal
Harvey Norman is trying to secure the rights to sell Toshiba TV’s made in China, their aim is to go up against... Read More
EXCLUSIVE:Chinese House Brand Supplier Put In Bid For Dick Smith
A new Chinese bidder has emerged for Dick Smith. The new bidder is Chinese Company Shenzhen MTC who supplied Dick Smith with... Read More
Retailers Could Soon Be Selling Samsung Controlled Runners
JB Hi Fi and Harvey Norman could soon be selling Samsung controlled runners that feed information to a smartphone. Samsung has announced... Read More
Digital Conman Leaves Another Debt Trail As Third Business Goes Belly Up
He’s been described as a digital smartarse and conman, Jamie Silver, the founder and managing director of the Melbourne-based Dcodr Agency has... Read More
Optus Posts Q3 Revenue And Profit Rises
Optus has posted third quarter revenue and net profit growth, seeing its 4G subscriber numbers rise, however recording a fall in its... Read More
Consumers Urged To Stop Buying VTech Products For Their Children, Described As a “Real Risk”
Consumers are being urged to stop buying VTech toys that are sold at Australian retailers including KMart, Target, ToysRus. The product range... Read More
Jaycar Chase Credit For Crack At Dick Smith As Senate Inquiry Goes Ahead
Jaycar, is believed to have approached the National Australia Bank with a proposal to take over select Dick Smith stores while also... Read More
JB Hi Fi Reports Record Results Despite Dick Smith Collapse
JB Hi-Fi has reported half year sales grow of 7.7%, Sales for January 2016 were up 10.2%, online sales are up 28.9%.... Read More
Dodgy Accounts, Three Years Supply Of Batteries + Overseas Dick Smith Companies Probed By Investigators
Investigators probing the accounts of Dick Smith are believed to be questioning the cost that Dick Smith was actually paying for house... Read More
EXCLUSIVE:Smokin Gun Email Could Bring Down Dick Smith Executives
Australian Securities and Investment Commission are investigating whether a $2M underpayment of Dick Smith staff may have been deliberately hidden by senior... Read More
New Samsung S7 Smartphone Revealed
At CES 2016 Samsung said that their mission this year was to make their existing products even better now images of the... Read More
Kaiser Baas Set To Rationalise OZ Retailers, As They Expand OS
Melbourne based distributor Kaiser Baas is set to rationalise the retailers that sell their products in Australia, while also expanding their overseas... Read More
Kaiser Baas’ Delta Drone Comes With GoPro Compatibility
The Delta Drone sports a flight time of 17 minutes, a range of 400 m, and comes pre-programmed with geofencing at 300... Read More
Vodafone Partners With Qantas
Vodafone and Qantas have teamed up, with the telco launching new 24 month Qantas Red plans, under which Qantas Frequent Flyers can... Read More
Movie Studio’s Tip Millions Into App, Trying To Get Consumers Back Into Cinema’.
As Australians flock to watching Netflix, Stan and Presto content three Hollywood Studios are tipping over $70M into a new Company whose... Read More
EXCLUSIVE: Lidl Still Keen To Take On Aldi, Master Stores On Radar
Giant European retailer Lidl has not written off taking on Aldi in the Australian market according to sources. The group who has... Read More
Samsung Posts 40% Profit Fall In Q4
Samsung has seen its net profit plunge 40 per cent year-on-year in the 2015 fourth quarter, and has forecast challenges ahead in... Read More
Defunct Dick Smith, David Jones Deal Was ‘Lipstick On A Pig’
Several Hi Fi and AV suppliers have approached David Jones directly after Ferrier Hodgson announced that the deal that saw Dick Smith... Read More
Macquarie Claims JB Hi Fi Looks Good In 2016, Virtual Reality Set To Contribute To Growth
JB Hi-Fi is looking the goods in the short, medium and long term, according to Macquarie, which has upgraded the stock claiming... Read More
CE Retailers Set To Invest In Virtual Reality
CE retailers looking for new categories in 2016 are set to invest in Virtual Reality head gear in a move that will... Read More
Anchorage Capital Claims Dick Smith Was A Viable Business..”Pigs Arse”
The now failed Dick Smith retail business was” viable” and “absolutely” had a sustainable business model when it was floated on the... Read More
EXCLUSIVE: Former Dick Smith CEO Facing Bullying Claims
Desperate to prove himself after being passed over by Myer, the former CEO of Dick Smith Nick Aboud is today facing serious... Read More
PC Market Down Q4 2015,What’s In Store For 2016?
The PC market continued to decline in the 2015 fourth quarter, according to data from both Gartner and the International Data Corporation... Read More
How To Fuel CE Growth? Security Concerns An IoT Barrier
An Accenture survey has found that heightened data security concerns, stagnant IoT market growth and falling demand for smartphones and tablets are... Read More
Lenovo Kill Off Motorola, Replaced By Moto
Motorola the smartphone brand that has struggled of late in Australia is dead, instead Lenovo is set to roll out Moto branded... Read More
Ford Focuses On Mobility With FordPass
Ford states that it is aiming “to do for car owners what iTunes did for music fans” with its new FordPass platform.... Read More
Netflix Is Everywhere: Welcome To The Start Of A New Era
The move by Netflix to go global “heralds the start of the new era of online streaming and internet TV”, according to... Read More
CES 2016: Connexion Supplies GM Vehicle Management App
Australian Internet of Things company Connexion Media has advised that General Motors will launch its Commercial Link service to its new vehicle... Read More
CES 2016: Intel Tech Gets Sporty
Intel has announced at CES 2016 that it is collaborating with a number of brands, with digitisation of sports and health and... Read More
Why Deloitte’s Should Have Read ChannelNews Before Signing Off On Dick Smith Accounts
The Dick Smith retail chain is up for sale lock stock and barrel, following yesterday’s decision to place the consumer electronics retailer... Read More
Intel Buys German Drone Company
Intel has used the opening day of CES 2016, press events to announce that they have acquired a German Drone Company. Ascending... Read More
Dick Smith Boss Gets His Mosman Mansion While Suppliers Get Sweet FA
Dick Smith CEO Nick Aboud lives in a multimillion dollar house in Mosman, he moved in shortly after the $500M dollar float... Read More
Quickflix Agreements See Release Of $7M In Debt
Quickflix, seeking to stay competitive in the rapidly growing SVOD market, states that it has been released from in excess of $7... Read More