Industry – Page 196 – channelnews

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David Jones Grapple Lease Contracts & Big Debt

Roma Christian May 21, 2020 No Comments

Iconic premium department store, David Jones, is reportedly working with KordaMentha as it grapples with landlords to manage debts of at least $400 million across Australian operations. According to The…

BREAKING NEWS:LG Up TV Capaciity 50%, New Plant, Samsung, Hisense TCL Targeted

David Richards May 20, 2020 No Comments

As the TV market gets brutally competitive LG has moved to increase their TV output by 50%, this will be achieved by moving production to low cost Indonesia while also…

COVID-19 Trends: 78% of Australians Are Spending Spare Time Watching TV

Elise Reid May 20, 2020 No Comments

According to the most recent Dentsu Consumer Intelligence Study – which was conducted from 13th April to 7th May – 78% of Australians are spending their spare time during the…

17.9% Drop In April Marks Historical Fall In Retail Turnover

Elise Reid May 20, 2020 No Comments

According to preliminary figures from the ABS, Australia’s retail turnover was down 17.9% in seasonally adjusted terms in April, marking the sharpest fall in the history of the ABS’ Retail…

Top Streaming Boss Mayer Jumps From Disney – Now CEO Of TikTok

Computer Daily News May 20, 2020 No Comments

SAN FRANCISCO: Walt Disney’s top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become CEO of popular video app TikTok. Mayer led the successful launch…

Lenovo Deliver Record Pre-Tax Income Despite Coronavirus

Roma Christian May 20, 2020 No Comments

Chinese PC manufacturer, Lenovo, has reported an all-time high pre-tax income of US$1.02 billion for FY19/20 (up 19%), despite the economic impact of coronavirus. Net income lift 12% year-on-year to…

Square Says Forget The Office

Computer Daily News May 20, 2020 No Comments

SAN FRANCISCO: Employees of Jack Dorsey-led Square have been told they can continue to work from home permanently, even after offices reopen. Short messaging service Twitter made a similar announcement…

FBI Cracks Encrypted iPhones

Computer Daily News May 20, 2020 No Comments

WASHINGTON: The US Department of Justice has skited it has retrieved information from a pair of iPhones linked to alleged terrorist without the assistance of Apple. The FBI claims it…

‘Your Phones May Not Work’: Huawei Exec Warns Aust.

Computer Daily News May 20, 2020 No Comments

SYDNEY: Chinese networking giant Huawei has warned that Australian telecommunications could be severely impacted by the latest US technology bans on the company. The Trump Administration has moved to curb…

Click Frenzy 2020: Electronics Sales For The Next 35 Hours

Elise Reid May 20, 2020 No Comments

Click Frenzy 2020, which commenced 7pm last night, is offering consumers a host of lucrative sales and deals. The Click Frenzy sales on offer will only last for another 35…