David Richards – Page 10

Microsoft Faces New Backlash As More Xbox Layoffs Gut Gaming Division, Kill IO Interactive Deal

David Richards July 1, 2026 No Comments

Microsoft, which claims to look after its staff and brands itself a good place to work, is facing a fresh backlash after thousands of workers were sacked recently in mass…

PC Price Crisis Hits Australian Retailers as Memory Costs Smash Budget Market

David Richards July 1, 2026 No Comments

Australian consumer electronics retailers are scrambling to prop up profitability as a brutal spike in memory prices guts the budget PC market right round the world, with new research confirming…

Loewe’s Australian Success Sparks US Expansion As German Luxury TV Brand Rolls Out Local Apps

David Richards June 30, 2026 No Comments

Back in 2019 when StereoNet’s Marc Rushton was bagging out Loewe, a German Company who he recently had to bow to with the withdrawal of wild claims against the directors…

Microsoft Under Fire Again Over Latest Secret Testing of Banned Chinese AI for Copilot

David Richards June 30, 2026 No Comments

In a desperate bid to rescue its struggling AI ambitions and slash skyrocketing operational costs, Microsoft is quietly testing advanced Chinese artificial intelligence models which some claim is now superior…

Amazon Hauled into Federal Court Over Prime Video Ad Ambush

David Richards June 30, 2026 No Comments

The Australian Competition and Consumer Commission has launched Federal Court proceedings against Amazon Commercial Services Pty Ltd, alleging the US retail giant buried unfair contract terms in its Prime subscription…

Starlink Surge and Regulator Crackdown Leave Telstra Exposed

David Richards June 30, 2026 No Comments

Australia’s biggest telco Telstra loses coverage area the size of NSW as satellite disruptor rewrites the rural connectivity rulebook and the carrier struggles to grow mobile sales. Telstra is under…

EXCLUSIVE: Barco Stays With Jay Vee Technologies as Australian Distributor as Focal and Naim Stay with Westan

David Richards June 29, 2026 No Comments

Barco has appointed Jay Vee Technologies as its exclusive Australian distributor following the Belgian visualisation company’s acquisition of French audio brands Focal and Naim, with ChannelNews able to confirm that…

Sony’s PlayStation Sales Collapse As Price Hikes, AI Memory Crisis And Nintendo Surge Reshape Gaming Market

David Richards June 29, 2026 No Comments

Sony’s PlayStation business is under mounting pressure afte sales of the PlayStation 5 collapsed 58% in May, in the US alone with similar falls being experienced in other markets. The…

Headphone Market Fractures As Premium Buyers Stall, Value War Erupts And New Challengers Reshape The Category

David Richards June 29, 2026 No Comments

The headphones market is splintering, with multiple research firms now warning that the era of unified category growth is finished in Australia. A deepening divide between premium, mid-tier and value…

Microsoft Crisis Deepens As Xbox Users Hit With Third Console Price Rise In A Year

David Richards June 26, 2026 No Comments

Microsoft has announced its third Xbox console price increase in little over a year, compounding a deepening crisis inside the company’s gaming division that has seen revenues collapse, studios threatened…