Nathan Jolly – Page 186

TikTok Employees Told “Downplay The China Association”

Nathan Jolly July 28, 2022 No Comments

Leaked documents show that TikTok is instructing employees to actively downplay its Chinese ownership, among other tricky subjects. Two documents — TikTok Master Messaging and TikTok Key Messages — were…

Kogan Earnings Plummet, Shares Jump 32.5%

Nathan Jolly July 28, 2022 No Comments

Kogan.com has signalled substantial earnings and profits drops for fiscal 2022, an announcement that has seen its share prices leap 32.6 per cent this morning. Kogan shares are sitting at…

NBN Won’t Be Privatised, As Govt Shifts Broadband Policy

Nathan Jolly July 28, 2022 No Comments

The government will treat the National Broadband Network as a public utility rather than a moneymaking scheme, under a major new broadband policy. In turn, NBN Co. has formally withdrawn…

Regulator Moves To Block Meta From Acquiring VR Competitor

Nathan Jolly July 28, 2022 No Comments

The Federal Trade Commission has filed a motion to block Meta from acquiring the company behind popular virtual reality fitness app Supernatural. Meta announced last October the acquisition of Within,…

Senate Passes $74 Billion CHIPS Act

Nathan Jolly July 28, 2022 No Comments

The Senate has approved a reduced version of the CHIPS act, which will inject A$74.34 billion into the American semiconductor industry. The bipartisan bill passed in a 64-34 vote, and…

Major CE Retailer Copies Apple Store Look

Nathan Jolly July 28, 2022 No Comments

The Apple Store has proven to be very popular since launching in 2001, offering a more tailored experience than usual retail outlets. Best Buy has clearly been paying attention, with…

$30 Billion To Be Wiped From Economy, Warns Chalmers

Nathan Jolly July 28, 2022 No Comments

Jim Chalmers warned that the worst inflation figures since the introduction of the GST, combined with rising interest rates and global economic uncertainty, will see $30 billion wiped from the…

Inflation Hits 6.1%, Biggest Jump Since 1990

Nathan Jolly July 27, 2022 No Comments

Inflation jumped to 6.1 per cent in June, up from 5.1 per cent as construction, fuel, and grocery costs continue to climb. This marks the fastest annual pace since the…

Telstra Says NBN Co. Pricing Aussies Out Of Broadband

Nathan Jolly July 27, 2022 No Comments

Telstra has blasted the NBN’s bloated infrastructure costs, saying they have led to inflated prices and the pricing out of everyday Australians. In a submission to the ACCC, Telstra argues…

Aussie Consumer Spending Drops 17% In One Week

Nathan Jolly July 27, 2022 No Comments

Consumer spending dropped 17 per cent last week, according to ANZ, although the lender says this isn’t cause for panic. The drop in the week to July 24 was “still…