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Macquarie Downgrades Telstra Despite Share Surge

Roma Christian August 17, 2018 No Comments

Macquarie has downgraded Telstra from ‘neutral’ to ‘underperform’, despite full year earnings in line with analyst projections, and a three-month high share price. The news follows an 8.9% drop in Telstra…

Motorola iPhone X Rip-Off Panned Relegated To China Market Only

David Richards August 17, 2018 No Comments

Relegated to flogging their handsets in discount outlets such as Aldi and Big W in Australia, Motorola now stands accused of shamelessly ripping off the $1,700 Apple iPhone X with…

Google Takes On Apple With First Physical Store

Thomas Hellier August 17, 2018 No Comments

Reports claim that Google is going to open a flagship store in Chicago’s meatpacking district, pointing to a lease for a 14,000 square foot, two storey location nearby its Midwest office…

Lenovo Posts $77M Profit, PC Sales Soar

Roma Christian August 17, 2018 No Comments

Chinese-based Lenovo has continued its financial rebound, posting better-than-expected Q1 net profit of US$77 million, despite a soft global PC market. For the quarter ending June 30th, revenue soared 19%…

Amazon Alexa & Microsoft Cortana Join Forces

Roma Christian August 16, 2018 No Comments

Microsoft and Amazon have joined forces in the competitive smart assistant market, announcing ‘Cortana’ and ‘Alexa’ integration in US devices starting this week. Demonstrated earlier this year, the development will…

Optus Wins Fight With Telstra Over Unlimited Data

Thomas Hellier August 16, 2018 No Comments

The Federal Court has handed down a judgement against Telstra, banning them from using the phrase “endless data” after the court found that they had made a false representation under…

Lenovo Unveils Two New ThinkPad Workstations

Thomas Hellier August 16, 2018 No Comments

Lenovo has announced that it will be adding two new ThinkPad models to its range, the P1 which will be released at the end of August and retail for $2799…

Amazon Misleading “One-Day Delivery” Ad Banned

Roma Christian August 16, 2018 No Comments

Amazon has been forced to amend its ‘One-Day Delivery’ advertisement in the UK, after regulators deemed the ad misleading, for not clarifying many Prime items did not support next day…

Telstra Shares Up 6% Despite Profit Slump

Roma Christian August 16, 2018 No Comments

UPDATE – Shares in Telstra have soared 6.4% to $3.08 after midday, following news the telco intends to revamp its broadband and entertainment packages, after posting a full-year profit slump.…

Amazon Becomes Major Investor

Computer Daily News August 16, 2018 No Comments

E-commerce giant Amazon has become a more active corporate investor and for the first time has amassed an investment portfolio worth US$1 billion. As of Q2, Amazon owned $1 billion…