Seven Rejects Oaktree Capital’s Offer To Buy Debt
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June 15, 2020
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According to the Sydney Morning Herald, Seven West Media CEO James Warburton turned away Oaktree Capital’s offer to buy some of the... Read More
After Booming During COVID-19 Epidemic, IKEA Is Now Handing Jobkeeper Payments Back To Governments
Ikea whose stores are back open, now the Swedish Company is looking at returning money handed out by Governments due to COVID-19.... Read More
Apple & Zoom Bow Down To Communist China
Both Apple and Zoom appear to have bowed down to Communist China’s Government demands, Apple by removing a podcast service and Zoom... Read More
Gerry Harvey, Last Week He Was Flogging Wagyu Beef, This Week It’s Cucumbers For School Kids
Last week he was flogging premium Wagyu beef after a Chinese ban on one of his abattoir investments went pear shaped, this... Read More
Amazon Australia’s Online Alcohol Store To Rival BWS & Liquorland
Amazon Australia is set to take on the likes of BWS, Liquorland and Dan Murphy’s with its new ‘Wine, Beer & Spirits’... Read More
What Do You Do When You Quit Tempo, You Become A TV Star Flogging TV’s
What do you do when you leave leading Australian distributor Tempo, you become a TV star on a daytime shopping channel flogging... Read More
Telstra’s Former Boss Stuart Lee Lost To Us – Tributes Flow
SYDNEY: Telstra CEO Andy Penn has led tributes to Stuart Lee, pictured, a retired 45-year veteran of the telco who passed away... Read More
Seven To Save $87 Million Under New Broadcast Deal With AFL
Seven West Media has signed a new broadcast contract with the AFL for all seasons through to 2024, revising the deal pre-existing... Read More
Amazon To Fulfil In Brisbane
BRISBANE: US e-commerce giant Amazon is about to start construction on a new fulfilment facility in Brisbane, its first Queensland venture. The... Read More
Google Slam Dunks Sonos Accusing Them Of Spreading ‘False Rumours’
First up it was struggling sound Company Sonos who tried to sue Google, now the big search engine has responded by claiming... Read More
Solar Sellers Put New Pressure On Gullible Consumers
SYDNEY: The Consumer Action Law Centre (CALC) has raised concerns about a growing number of dodgy operators in the rooftop solar business.... Read More
Radical Changes On Way For Oz Electricity Market
SYDNEY: A radical change planned for Australia’s electricity supply industry will enable businesses to be paid from next year for reducing their... Read More
JB HI-FI CEO Expects WFH Trend To Stay
JB HI-FI CEO Richard Murray expects that the work-from-home trend kicked off by the COVID-19 lockdowns will remain a permanent fixture of... Read More
Global Smartphone Sales Fell 20% In Q1
According to market research firm Gartner, global smartphone sales fell by 20% in Q1 2020, largely as a result of the COVID-19... Read More
Poly Snares First Zoom Rooms Certification In E-Meeting Boom
Poly [formerly Plantronics and Polycom) has announced its new video bars and video conferencing systems have become the first Zoom Rooms Appliances... Read More
Sales At JB HI-FI & The Good Guys Surge By Over 20%
In the second half of FY20 to 31st May JB HI-FI Australia’s sales increased by 20%, while The Good Guys’ grew by... Read More
Chromebook Demand Surges
TAIPEI: Demand for mobile computing devices from global education sectors has been rising with Chromebooks currently seeing the highest shipments, according to... Read More
US E-Commerce Sales Up In 2020
SAN FRANCISCO: US e-commerce sales are anticipated to jump 18 percent this year, due to the impact of the coronavirus pandemic that... Read More
Telstra’s Belong Heads For Full Digital Support Model
MELBOURNE: Telstra-owned Belong is shifting to a fully digital customer support model after Covid-19 slashed the capacity of its contact centres and... Read More
Majority Of Aussie Business Cyber Security Not Up To Scratch
SYDNEY: Most Australian companies believe their cyber security investments are inefficient, as the number of businesses hit by security breaches has increased... Read More
Kogan.com Successfully Raises $100 Million
Kogan.com has successfully completed the $100 million placement that it launched yesterday, at an offer price of $11.45 per share. This represented... Read More
Big Blue Scrambles Red-Faced Due To Major Global Outages
NEW YORK: IBM is suffering a worldwide outage of its cloud platform, causing it to pull the plug on services and customers’... Read More
Netflix Donates $1 Million To Support Oz Film & TV Workers
In partnership with the local charity Support Act, Netflix is donating $1 million to help TV and film industry workers in Australia,... Read More
ASUS Wobbles, Currency & PC Demand A Problem Future “Looks Uncertain”
ASUS who have been trying to expand their market share the Australian PC gaming and creative content market are uncertain about future... Read More
NAB Cashless Retail Sales Index: ‘Strong May, Off A Very Weak April’
The NAB Cashless Retail Sales Index has estimated that retail sales in May will record strong positive growth on a month-on-month basis,... Read More
Consumer Sentiment Rebounds 16.4%, Close To Pre-COVID-19 Levels
The Westpac-Melbourne Institute Index of Consumer Sentiment improved by 16.4% in May to reach 88.1, up from the “extremely weak” 75.6 of... Read More
Despite Steady Demand, Global PC Shipments Forecast To Fall 7%
Market research company Canalys has estimated that global PC and tablet shipments will fall by 7% to 367.8 million units in 2020,... Read More
Slack User Numbers Grow
SAN FRANCISCO: Social distancing and the work from home movement saw Slack Technologies Q1 revenue boosted on strong demand for its workplace... Read More
HP Scores Big Win Over Quanta
SAN FRANCISCO: Technology giant HP has scored a landmark win over Quanta Storage, with a US court ordering the Taiwanese outfit to... Read More
Kogan Launch $115M Raise For Business Acquisitions After Record Sales
Australian e-commerce behemoth, Kogan.com, has launched a $115 million equity raise, as it seek to pursue a range of business acquisitions following... Read More
Harvey Norman Buoyed By COVID-19 Despite OS Slump
Harvey Norman’s Australian franchisees have delivered growth of 7.4% in FY20 year to date (ended 31st May). This growth has been led... Read More
Big Blue Rails Against Facial Recognition
NEW YORK: IBM CEO Arvind Krishna has announced the company is getting out of the facial recognition business. Krishna made the announcement... Read More
Spacetalk Seeks $1.5 Million
SYDNEY: Who would want a smartphone these days that doesn’t connect to social media, online games or a host of apps like... Read More
Lion Roars Following Cyberattack
SYDNEY: The Australian beverages giant Lion, which boasts brands such as Dairy Farmers, Pura and XXXX Gold beer, has been hit by... Read More
Google Maps Offers To Alert Users To Covid-19 Travel Restriction
SYDNEY: Australia is among the first countries to be included in a system from Google which adds features on its Maps service... Read More
Super Fast Wi-Fi 6 Arris Surfboard Max Pro Router, Set To Be Released In OZ
Speculation has it that one of the most popular and fastest W6 routers in the USA is set to be released in... Read More
May Business Conditions Ease Uncertainty
Australian business conditions notched broad-based improvement in the month of May as businesses re-opened and consumer confidence lift. However, commentators warn there’s... Read More
Asia Pacific Predator League 2020 Postponed Due To COVID-19
Acer’s 2020 Asia Pacific Predator League, originally scheduled to be held in the Philippines in February 2020, has now been postponed to... Read More
Catch Sales Surge By 68.7%, Officeworks & Bunnings Also Soar
According to Wesfarmers latest trading update, Catch.com.au’s total sales in the second half of FY20 (up to 31st May) grew by 68.7%.... Read More
Global Headset Shipments Surge
TAIPEI: Digitimes Research is predicting good times ahead for AR/VR headsets, forecasting global shipments will surge 29 percent in 2020. The Taiwanese... Read More
Set To Reject Huawei, UK In 5G Talks With Japan, Korea
LONDON: British officials have discussed supplies of 5G networking equipment with companies in South Korea and Japan as part of a bid... Read More
Telstra Loses Asia-Pac Exec.
SYDNEY: Telstra has lost its Asia-Pacific chief information security officer Berin Lautenbach, with his departure following hard on the heels of senior... Read More
Australia 12th In 5G Deployment
SYDNEY: Australia is ranked 12th out of the 22 countries that have deployed 5G technology by global research company OMDIA. In its... Read More
Low-Key Australian Techie Scores Queen’s Birthday Gong
ADELAIDE: Technology – as usual – took pretty much a back seat in yesterday’s Order of Australia awards, but one recipient with... Read More
It’s London-To-A-Brick On Payment Platform Merger Down Under
SYDNEY: We’ve had the shrapnel (five-cent coin), the brick, (five-pound note) and even the “lobster” (the 20-dollar note), but nicknames like those... Read More
Australians Fed Up With Chinese Made Products & That’s Official
Australians are fed up of Chinese products and our reliance on China and that’s official. According to a new YouGov survey, as... Read More
Foxtel’s BINGE Launches First Branding Campaign
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June 5, 2020
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Foxtel’s new streaming service BINGE, set to rival Stan and Netflix, has launched its first brand campaign and TV commercials, titled “We’re... Read More
Services Australia Used Face Scanning For Bushfire Payments
SYDNEY: Services Australia has admitted it used face scanning technology to verify the identities of those applying for bushfire disaster relief. Michelle... Read More
Aussie Telcos Failing SMBs, Says Telecoms Ombudsman
SYDNEY: Telecommunication problems are costing many Australian small businesses time and money, according to the latest report from the Telecommunications Industry Ombudsman.... Read More
Federal Court Cracks Down On Internet Piracy Web Sites
SYDNEY: A Federal Court has ordered Internet service providers (ISPs) to block access to 86 Web sites alleged to be pirating programs... Read More
