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Technology Stocks Take A Tumble As ASX Haemorrhages

Computer Daily News February 25, 2020 No Comments

SYDNEY: Technology stocks have been impacted as the ASX tumbled amid investor concerns about the spread of the coronavirus. Tech investors are concerned about the impact on the sector in China and…

BREAKING NEWS: The Australian Share Market Plunges More Than 2%

Camilla Theakstone February 25, 2020 No Comments

The Australian share market has dropped 2.3 per cent in early trade, as steep falls hit around the world overnight amid coronavirus concerns. Wall Street’s Dow Jones index posted its…

BREAKING NEWS: Major Shake Up At Bowers & Wilkins As CEO Exits

David Richards February 25, 2020 No Comments

A major shakeup has rocked high end Hi Fi Company Bowers & Wilkins with two senior executives exiting the Company. Gideon Yu, the ex-Facebook CFO who acquired B&W back in…

Collapsed Harris Scarfe Bidder Pursued By ASIC

Camilla Theakstone February 24, 2020 No Comments

Australia’s former fourth-richest woman in Australia, Jan Cameron, has emerged as a potential bidder for the collapsed retail chain Harris Scarfe, sources reveal. The news comes as Cameron faces charges…

eBay Mulls Sale Of Classifieds

Computer Daily News February 24, 2020 No Comments

E-commerce giant eBay is in discussions with several suitors over the possible sale of its classified-ads business. The company said it expects to provide an update regarding the process by…

ASX Launches Oz Technology Index: 46 Outfits Named

Computer Daily News February 24, 2020 No Comments

The rapidly growing Australian technology sector today gains unprecedented recognition, with the Australian Stock Exchange (ASE) launching its first technology index. The new All Technology Index will initially track the…

US Tax Agency Sues Facebook For $9bn In Unpaid Taxes

Jan Arreza February 21, 2020 No Comments

US tax heavy, the Internal Revenue Service, is suing Facebook, claiming the social media network giant owes a cool US$9 billion (A$13.46 billion) in unpaid taxes. The IRS case centres…

Lenovo Q3 Performance Reach “Record High” Revenues

Jan Arreza February 21, 2020 No Comments

Lenovo Group marks the 10th consecutive year-on-year quarter of growth with revenues in Q3 2019 reaching a record high of US$14.1 billion, while pre-tax (PTI) and net income both saw…

Channel 10 Owner See Shares Slump 17%

David Richards February 21, 2020 No Comments

The owners of Channel 10 have seen their share value plunge 17% as analysts struggle to see how they can compete with Netflix. In its first earnings report since the…

Afterpay & Samsung Partner To Provide Flexible Payments

Camilla Theakstone February 20, 2020 No Comments

Afterpay and Samsung have partnered to enable customers shopping at smartphone makers online stores to take advantage of its buy now, pay later service. Samsung customers will be able to…