David Richards – Page 242

Struggling Spotify Not Taking Premium Music Seriously As Losses Mount

David Richards July 26, 2023 No Comments

Struggling streaming Company Spotify who appear to be reluctant to deliver ‘premium CD quality music’ has delivered a $491 million dollar loss hours after announcing significant price rises for their…

EXCLUSIVE:Microsoft Jacks Up Software Licence Prices By 9% Despite Inflation Fall To 6%

David Richards July 26, 2023 No Comments

After announcing record revenues in Australia and the sacking of up to 200 staff in recent months, Microsoft has moved to snare a 9% increase in the cost of licencing…

Kogan Sales Fall 22% Stock Climbs 6%

David Richards July 26, 2023 No Comments

Online retailer Kogan.com has confirmed that gross sales fell 22% during the past financial year. Unaudited management accounts as of 30 June 2023 reveals that the business has managed to…

New Samsung Foldable Phones & Watches What To Expect Tonight

David Richards July 26, 2023 No Comments

Samsung has tech journalists in Australia locked down with NDA contracts (No Disclosure Agreements), thou it does appear that Samsungs favourite business journalists were not put under the same rigorous…

iRobot Maker Forced To Raise Cash As Amazon Takeover Delayed Loss Over $1.3 Billion

David Richards July 26, 2023 No Comments

As archrival Ecovacs was rolling out another premium robot vacuum cleaner in Australia into what is seen as a growth market, archrival iRobot was raising cash and hoping like hell…

EXCLUSIVE:Beko To Take Over Hitachi Appliances Claim Insiders

David Richards July 25, 2023 No Comments

As exclusively tipped by ChannelNews Beko management are set to take over the distribution and marketing of Hitachi appliances in Australia according to retail sources. The move is seen as…

New Microsoft Surface Studio Tipped, As They Try To Take On Big PC Brands

David Richards July 25, 2023 No Comments

Microsoft who is currently laying off staff despite a record increase in revenues, is prepping a new premium Surface Laptop Studio notebook in an effort to get the brand relegated…

Kmart & Target To Merge Operations As Market Conditions Impact Wesfarmers Business

David Richards July 25, 2023 No Comments

The struggling Target discount retailer, which is owned by Wesfarmers is being rolled into Kmart, as the retail group looks to cut their losses by merging their backend operations. It’s…

Microsoft Slashed More Jobs As CEO’s Billion Dollar Earnings Revealed

David Richards July 24, 2023 No Comments

They are raking in billions while desperately trying to create a monopoly around AI and their Office suite of tools as well as Teams, now Microsoft is slashing 50+ Australian…

8Yrs On Monster Beats Headphone Battle, Finally Ends

David Richards July 24, 2023 No Comments

A court case last week, and many before them appears to have bought to an end, one of the longest running and ugliest fights between one of the worlds most…