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Lew Heats Up Shareholder Strife Ahead of Myer AGM

Lew Heats Up Shareholder Strife Ahead of Myer AGM

Roma Christian October 26, 2018 No Comments

Major Myer shareholder, Solomon Lew, has urged fellow owners to vote against the retailers’ remuneration report, triggering a ‘second strike’ and spill of its board, during next month’s AGM. As…

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Amaysim Exits Broadband After $3 Million Sale

Amaysim Exits Broadband After $3 Million Sale

Roma Christian October 26, 2018 No Comments

Amaysim has exit the fixed line broadband business after 18 months, selling its customer base for $3 million, in a bid to prioritise its mobile and energy division. The telco…

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Intel Optimistic Despite Intense Global Processor Battle

Intel Optimistic Despite Intense Global Processor Battle

Roma Christian October 26, 2018 No Comments

The global processor market has continued to fight market disruption, as more vendors (e.g. Apple) choose to replace external vendors (e.g. Intel) with in-house components. It comes after Intel post a…

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LG Q3 Operating Profit Up 45% YoY

LG Q3 Operating Profit Up 45% YoY

Roma Christian October 26, 2018 No Comments

LG Electronics has post a notable 45% year-on-year jump in Q3 operating profit to 749 billion won ($657.83 million), meeting the company’s former guidance. The Korean giant claims Q3 revenue is…

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Fetch TV & Aussie Broadband Offer No Lock In Contract Deal

Fetch TV & Aussie Broadband Offer No Lock In Contract Deal

Roma Christian October 25, 2018 No Comments

Fetch TV has inked a deal with Aussie Broadband, to provide the internet provider’s customers access to its video streaming service, contract-free over the NBN. From December 2018, Aussie Broadband…

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Foxtel To Air Australia’s First LIVE 4K Football Match

Foxtel To Air Australia’s First LIVE 4K Football Match

Roma Christian October 25, 2018 No Comments

Foxtel has sought to emerge a leader in premium sports, by airing Australia’s first LIVE football match in 4K quality – Barcelona versus Real Madrid – at 2AM (AEDT) October…

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JB Hi-Fi Confirms 2019 Guidance Despite Amazon Growth

JB Hi-Fi Confirms 2019 Guidance Despite Amazon Growth

Roma Christian October 25, 2018 No Comments

UPDATE – JB Hi-Fi has narrowly missed a ‘first strike’ against it remuneration report, with around 21% of shareholders voting against the report – slipping below 25% to warrant a…

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Telstra Boss Claims NBN Pricing Sending Industry Broke

Roma Christian October 25, 2018 No Comments

Telstra Chief Executive, Andy Penn, claims the NBN’s pricing structure is sending the industry broke, rejecting the stance of NBN CEO Stephen Rue. According to The Australian, Penn asserts the NBN pricing…

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Amazon-Backed Smart glasses Startup Raises $130 Million

Amazon-Backed Smart glasses Startup Raises $130 Million

Roma Christian October 25, 2018 No Comments

Amazon-backed startup, North, has raised over a whopping US$130 million, to launch a pair of ‘wearable’ smart glasses named ‘Focal’. The smart glasses retail for US$1,000, with investors including Intel…

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Ericsson Wins Telstra 5G Contract After Huawei Ban

Ericsson Wins Telstra 5G Contract After Huawei Ban

Roma Christian October 24, 2018 No Comments

Telstra has appointed Swedish telco Ericsson its key 5G technology partner, as its seeks to emerge a market leader in Australia’s 5G network build. The news comes two months after…

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