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Xerox Asks For Deal Delay

Computer Daily News May 7, 2018 No Comments

Xerox has appealed a New York court ruling to block its deal with Fujifilm Holdings – just hours after the company announced its ousted CEO and directors would remain in…

One Loss, One Win: Mixed Fortunes At HP’s Down Under Subsidiaries

Computer Daily News May 7, 2018 No Comments

Hewlett-Packard Australia’s enterprise services outfit posted a net after-tax loss of just under $44.8 million for the financial year ended October 2017, according to documents lodged with Australia’s corporate regulator…

Apple Shares Hit New Record After Buffett Grabs 75 Million

Computer Daily News May 7, 2018 No Comments

Apple shares – which had been languishing in recent months – hit an all-time record on Friday following the company’s latest quarterly report which showed big jumps in revenue and…

JB Hi-Fi Recovers On ASX

Computer Daily News May 4, 2018 No Comments

JB Hi Fi shares, which tumbled nine percent on Wednesday, reflecting problems with assimilation of the Good Guys home appliance chain, recovered on the ASX yesterday, finishing the day at…

Snap Shares Plummet Amid Average Q1 Results

Athina Mallis May 2, 2018 No Comments

For Q1, Snapchat revenue grew 54 per cent at US$230m however it missed its analyst estimates of US$243m, this result caused its shares to plummet 16 per cent. This result…

Xerox-Fujifilm Deal Blocked By Judge

Athina Mallis April 30, 2018 No Comments

The deal between Xerox and Fujifilm has been temporarily blocked by a New York judge who says the Xerox CEO was ‘trying to preserve his own job’. Xerox was planning…

Intel Shines With Q1 Results

Computer Daily News April 30, 2018 No Comments

Intel’s Q1 results have the tech sector buzzing, after the company reported revenue of US$16.1 billion, up 9 percent year-over-year and with an operating profit of $4.5 billion. Intel said…

Sony’s PlayStation A Big Earner

Computer Daily News April 30, 2018 No Comments

Sony has reported that its PlayStation business was a big earner in the Japanese financial year ended March 31, with an operating profit of 177.5 billion yen (A$2.11 billion). Revenue…

Samsung Set To Be Upended As Lee Family Restructure

David Richards April 30, 2018 No Comments

A controversial web of Companies that benefit the Lee family and are wrapped around Samsung are set to be untangled in a move that minority shareholders are applauding. According to…

Steinhoff Ex-Chairman Sues For $6 Billion

Roma Christian April 27, 2018 No Comments

Former Chairman of South-African furniture and homewares giant, Steinhoff, is suing the retail conglomerate US$4.8 billion (~A$6.35 billion), in a bid to recover investments made between 2015 – 2016. Major…