US Urges Allies To Drop Huawei Amid Security Saga
The US government has reportedly embarked on an ‘outreach campaign’, urging foreign allies to ditch equipment and services from Chinese giant, Huawei,... Read More
HTC Not Leaving Mobile, New Phones Coming 2019
Struggling Taiwanese manufacturer, HTC, has denied rumours it’s exiting the mobile business, following reports a new smartphone will launch later this year,... Read More
EXCLUSIVE: More Executives Quit Powermove, Brands Set To Be Next
Adelaide based distributor Powermove has lost another senior executive the third in the last two months, the Company is also facing the... Read More
Eaton Launch New ANZ Power Distribution Program
Power management company, Eaton, has launched its new ANZ distribution partner program, in a bid to boost national presence and meet industrial,... Read More
Telstra & Vocus Fail To Offer Retailers Cheap New NBN Plans
Telstra and Vocus have reportedly not offered retailers full access to the NBN Co’s cheap new bundles, with some asserting it could... Read More
IKEA Cuts 7,500 Jobs In Biggest Restructure
Swedish furniture giant, IKEA, has issued its biggest re-structure yet, slashing around 7,500 jobs globally, primarily across office and administration. Announced on... Read More
Major US Tech Stocks Lose A trillion
The five “FAANG” stocks collectively lost more than $1 trillion in market value from recent highs as shares dropped after Tuesday’s open,... Read More
NAND Revenues Band Up
Revenues of the global NAND flash memory industry increased 4.4 percent to US$17 billion in the third quarter of 2018, despite memory... Read More
Fog Surrounds Apple As Biggest Partner Slashes Exposure & Shares Slump
The fog swirling around Apple has just thickened with a leaked document revealing that key partner Foxconn has been forced to initiate... Read More
JB Hi Fi Reduce Debt Levels As Harvey Norman Increases Theirs
As Harvey Norman moves to increase its debit levels JB Hi Fi has moved to reduce their liabilities. Over the past year,... Read More
The Reject Shop Receives “Opportunistic” $78m Takeover Bid
Struggling discount retailer The Reject Shop has received a $78 million cash takeover offer, a potential lifeline which it is now advising... Read More
Woolworths Eyes Christmas For Big W Turnaround
Woolworths Chief Executive, Brad Banducci, asserts this Christmas is a “significant opportunity” for Big W to improve performance, despite being “early” in... Read More
Apple Leads Tech Stocks To Over $700 Billion Decline
Major tech stocks such as Apple, Facebook, Amazon, Google and Netflix have seen US$728 billion wiped off their market value in the... Read More
Free Home Visits Drives Growth At Best Buy
Despite a head on “discounting” assault by Amazon across several of their key categories US retailer Best Buy has been able to... Read More
Harvey Norman Slammed For Unregulated Lending
Harvey Norman has been slammed for for allowing ‘unregulated and unauthorised lenders” to openly operate in their overseas stores. One of these... Read More
ALDI Remains Most Trusted Brand In Oz
German supermarket chain, ALDI, has remained Australia’s most trusted brand, despite a “big shake-up” in the Top 10 between July and October... Read More
Instagram Expands Shopping Functions Ahead Of Christmas
As parent company Facebook continues to face dwindling user trust, photo sharing app Instagram has increased its range of shopping functions –... Read More
Fairfax Media Shareholders Vote To Approve Nine Merger
Fairfax shareholders have given the green light to the company’s planned merger with Nine, a deal aimed at creating Australia’s largest media... Read More
NAB To Embrace China’s Alipay
The National Australia Bank (NAB) is looking to attract big business from the one million-plus Chinese tourists who visit Australia each year... Read More
CSIRO Sinks $35m In Space And AI, Set To Hit $205m In 2022
Australia’s national boffin agency CSIRO is putting $35 million on the table to fund cutting-edge research in space technology and artificial intelligence.... Read More
Microsoft Selling Amazon Devices In US Stores
Microsoft has intensified its relationship with Amazon, following reports it’s begun selling Echo devices in United States stores. Earlier this year, Microsoft... Read More
Myer Shares Plunge, Dodgy Online Sales Revealed
Myer who last week slammed media for releasing poor secret sales numbers, has been caught out counting instore sales as online sales,... Read More
Solomon Lew Claims “Even Father Xmas Can’t Turn Myer Around”
He owns more than 10% of the shares in Myer, now Melbourne based retailer Solomon Lew claims the big department store board... Read More
OS Black Friday Deals No Bargain Says New Research
Australian retailers could benefit from a new research study that reveals that Australian could be duped when diving into US and overseas... Read More
Harvey Norman: Debt Up Share Value Down, Questions Over Directors Pay, AGM Set To Be A Circus
Goldman Sachs Group who recently went back to reporting on Harvey Norman has issued a sell rating on the stock ahead of... Read More
JB Hi Fi A ‘Screaming Bargain’ Unlike Harvey Norman Claims Top Analyst
Despite being one of the most shorted stocks on the ASX Fund Managers still have an appetite for JB Hi Fi unlike... Read More
Wesfarmers Claim Bunnings UK Could Have Succeeded
Wesfarmers has defended its failed Bunnings UK foray, asserting the expansion could have succeeded with time. Disclosed at its AGM yesterday, management... Read More
ALDI Unveils Beats Wireless Headphones For $199
German supermarket giant, ALDI, has unveiled a suite of affordably priced tech for its November 21st Special Buys sale, including Beats by... Read More
Sonos Shares Soar 20% After Record Q4 Revenue
Sonos has post whopping a 27% YoY jump in Q4 earnings, sending shares soaring ~20% in after hours trading. Marking its first... Read More
BREAKING NEWS: Myer Calls Trading Halt After ChannelNews Story & ASX Intervention
Troubled retailer Myer has denied it has breached its continuous disclosure obligations but they initiated a trading halt following our story on... Read More
We Buy Houses & Rick Otton Fined $18M Over False Claims
Property spruiker, Rick Otton, and his organisation ‘We Buy Houses’ has been fined a whopping $18 million – the Federal Court’s highest... Read More
Dell Seeks More Bank Funding
Dell Technologies is working with investment banks to add more cash to its US$21.7 billion offer to buy back a “tracking stock”... Read More
Blockchain To Shake Up Payments
The Commonwealth Bank and the CSIRO’s Data61 say they have successfully completed a blockchain-powered “smart money” trial of better ways for government... Read More
Tech Stocks Hit Again On ASX
Many technology-based stocks suffered again on the ASX yesterday, with financial, material and energy stocks also helping wipe some $30.3 billion in... Read More
NSW Govt. To Sign Up 40K Homes For E-Storage Plan
The NSW Government is looking to sign up as many as 40,000 homes and businesses willing to create a “virtual battery”, able... Read More
Oz Unemployment Steady At 6 Year Low
Latest numbers from the ABS reveal Australia’s unemployment rate has remained near a six year low of 5%. It follows a better-than-expected... Read More
Former Sony CEO Takes A Swipe At Arrogant Jap Company
Carl Rose the former CEO of Sony has taken a swipe at his old employer, indicating that they were not only an... Read More
Audio Pro Wins Big At What Hi-Fi Awards
Scandinavian audio equipment maker, Audio Pro, has been awarded several five star ratings from UK sound publication, What Hi-Fi, congruent with the... Read More
Viewble TV ‘Scam’ Stings Small Businesses Thousands
Hundreds of local small businesses have unwittingly been hit with thousands in fees, after installing a promotional Viewable TV under the assumption... Read More
Pure, Back With New Stylish Digital Radio Offering
According to stats from Commercial Radio Australia, more Aussies are tuning into local and live radio than ever before, which some attribute... Read More
Black Friday & Cyber Monday Gain Aussie Traction
Despite its American heritage, latest research reveals Black Friday and Cyber Monday have continued to gain Aussie traction, with deliveries jumping 10%... Read More
ING Bank, Openly Engaging in ‘Self Employed’ Discrimination
If your self-employed, have minimum amount of debt and own millions of dollars in assets don’t even think of doing business with... Read More
ACCC Leads Global Crackdown Of Online Product Safety
The ACCC has announced it will lead a global campaign aimed to reduce the number of unsafe goods sold online. The initiative... Read More
Mastercard Opens New R&D Global Tech Facility In Sydney
Payment cards giant Mastercard has migrated much of its research and development work to Sydney, combining a new “global tech hub” with... Read More
Domain Boss Admits Challenge Ahead Of Nine-Fairfax Merger
Ten weeks after taking the top job at Australia’s second largest online property Web site, former Google Australia chief and now Domain... Read More
NBN Harnesses Sky Muster To Deliver Better Bush Product
Rural and regional Australians are set to benefit from NBN Co’s Sky Muster satellite service, which promises them a bigger slice of... Read More
Microsoft Store “Sucks” Claims Gamers, Gaming Boss Agrees
Microsoft’s Store “sucks” according to users with Phil Spencer, Head of Gaming at Microsoft admitting to major problems with the online retail... Read More
Israel Offers A Dropbox Partner
Israeli cybersecurity outfit Coronet has entered into a partnership with Dropbox that is expected to bring millions of new users for its... Read More
Global Server Shipments Down 9%
Global server shipments are forecast to fall nine per cent sequentially in Q4 of 2018 due partly to the impact of the... Read More
Sennheiser To Open First Aussie Flagship Store
German audio brand, Sennheiser, will open its first Aussie flagship store later this year, located in Sydney CBD’s prestigious Martin Place. Colloquially... Read More