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Reality Star Tweet Causes Snapchat Shares To Lose $1.3bn

Athina Mallis February 23, 2018 No Comments

Kylie Jenner, reality star and makeup mogul sent out a single tweet criticising the new Snapchat update causing the social media giant to lose US$1.3bn in market value. The 20-year-old…

COMMENT: Kogan Is On A Roll, So What’s Next?

David Richards February 22, 2018 No Comments

Kogan is proving to be one of Australia’s real online success stories despite my dire predictions 18 months ago. Kogan.com’s underlying net profit more than doubled to $8.3 million in…

Jamie Oliver Brand In Trouble

David Richards February 20, 2018 No Comments

Jamie Oliver who has stamped his name on several appliance brands in Australia, and who spearheaded a Woolworths brand campaign last year is in trouble with UK media reporting major…

Philips Sound Distributor Facing Bankruptcy

David Richards February 20, 2018 No Comments

Gibson Brands the Company that distributes Philips sound products worldwide is facing bankruptcy a move that could hurt Powermove the local distributor if it happens. Parent Company Gibson who appear…

Xerox Facing Lawsuit From Shareholder To Block Fujifilm Merger

Athina Mallis February 14, 2018 No Comments

Xerox shareholder Darwin Deason is suing the company asking the courts to block the upcoming merger between Xerox and Fujifilm saying the company’s board failed shareholders by approving the deal…

Qualcomm, Broadcom To Meet

Computer Daily News February 14, 2018 No Comments

Qualcomm and Broadcom plan to meet today to talk about the latter’s $121 billion (A$153 billion) acquisition offer, the first time the semiconductor companies have discussed the potential deal. The…

Revenue, Profit Down At Reckon, But Cloud Business Taking Off

Computer Daily News February 14, 2018 No Comments

ASX-listed accounting software house Reckon has reported revenue of $48.9 million for the year ended December 31, down slightly on the $49.68 million recorded in the 2016 year. Profit after…

Sorry, Macquarie – Feds’ Takeover Panel Backs Bulletproof

Computer Daily News February 12, 2018 No Comments

Macquarie Telecom has had a major setback in its bid to force the Bulletproof board to change its response to MacTel’s acquisition offer for the company. The Canberra-based federal Takeovers…

Myer Stocks Crash After Poor Stocktake Sale Results

Athina Mallis February 9, 2018 No Comments

Myer stocks have hit an all time low at 58 cents this morning after it released its first half results announcing poor sales during its stocktake sale. Currently, on the…

Google Hit With Class Action Lawsuit Over Defective Pixel Microphone

Athina Mallis February 9, 2018 No Comments

Google has found itself if in a class action lawsuit with two separate plaintiffs suing the search engine giant claiming they knew the Pixel and Pixel XL had speaker and…