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Nintendo Switch Sales Slowing, But No Sign Of Successor

Nintendo Switch Sales Slowing, But No Sign Of Successor

Nathan Jolly May 10, 2023 No Comments

Nintendo has as good as confirmed there won’t be a sequel to the Nintendo Switch anytime soon, with hopes it will sell an additional 15 million Nintendo Switch consoles in…

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Electronic Arts Kicks Revenue Goals With FIFA 23

Electronic Arts Kicks Revenue Goals With FIFA 23

Nathan Jolly May 10, 2023 No Comments

Electronic Arts has reported record revenue for the quarter ending March 31, with the final installment in its popular FIFA series driving the rise in sales. Adjusted revenue rose 11…

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Western Digital Post $843 Million Quarterly Loss

Western Digital Post $843 Million Quarterly Loss

Nathan Jolly May 9, 2023 No Comments

Western Digital posted a first quarter loss of A$843 million and has predicted an even bigger loss for the current quarter. The company’s revenue dropped 10 per cent to A$4.3…

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LinkedIn Cuts Over 700 Jobs

LinkedIn Cuts Over 700 Jobs

Nathan Jolly May 9, 2023 No Comments

LinkedIn will cut 716 jobs and scale back its services in China. LinkedIn CEO Ryan Roslansky said the job cuts were all about streamlining the company’s operations. “With the market…

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Consumer Spending Down In April: NAB

Consumer Spending Down In April: NAB

Nathan Jolly May 9, 2023 No Comments

Consumer spending has fallen for the second month in a row, according to NAB’s transaction data for April. Total spending fell 0.8 per cent in April, a steeper drop than…

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OZ Retail Falls For Second Straight Quarter

OZ Retail Falls For Second Straight Quarter

Nathan Jolly May 9, 2023 No Comments

Australian retail sales volumes fell 0.6 per cent in the first three months of the year, following a 0.3 per cent fall in the December quarter. This is according to…

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Twitter To Purge 1.5 Billion Inactive Accounts

Twitter To Purge 1.5 Billion Inactive Accounts

Nathan Jolly May 9, 2023 No Comments

The latest chapter in Elon Musk’s determined Twitter experimentation sees the billionaire announce another controversial piece of housekeeping: the removal of billions of inactive accounts. “We’re purging accounts that have…

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George Soros To Buy Vice Media In $590 Million Deal

George Soros To Buy Vice Media In $590 Million Deal

Nathan Jolly May 9, 2023 No Comments

Vice Media will be bought out of bankruptcy by a group of investors led by billionaire George Soros for around A$590 million, a far cry from the media company’s $8.4…

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No Customer Fallout After MyDeal Hack: Woolies

No Customer Fallout After MyDeal Hack: Woolies

Nathan Jolly May 9, 2023 No Comments

Woolworths has improved the cybersecurity measures for its recent acquisition MyDeal after a cyberattack in late 2022. The October hack saw the personal data of MyDeal’s 2.2 million user base…

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Chemist Warehouse Faces $10M Staff Underpayment Charge

Chemist Warehouse Faces $10M Staff Underpayment Charge

Nathan Jolly May 9, 2023 No Comments

Chemist Warehouse franchisees have been hit with a lawsuit declaring they underpaid workers at four of its South Australian stores, a case that could have ramifications across 350 stores, to…

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