Industry – Page 209 – channelnews

[newsletter_form]

Australia’s #1 technology news source

[newsletter_form]

[bd_sorted_posts]

Zoom Fails To Kick A Goal After Dodgy Numbers Revealed Shares Fall 7.8%

David Richards May 1, 2020 No Comments

Big NRL sponsor Zoom has found itself in hot water overnight due to dodgy numbers resulting in their shares falling 7.8%. The Chinese linked video streaming Company who sponsor South…

Panasonic Ramp Up Business Security Amid Ecommerce Spike

Roma Christian April 30, 2020 No Comments

Panasonic has launched its new “accessibly priced” ‘U Series’ security cameras for Aussie businesses, featuring next-gen image tech for a variety of work environments (e.g. retail to government). It comes…

Microsoft Shares Up: ‘COVID-19 Had Minimal Impact On Revenue’

Elise Reid April 30, 2020 No Comments

Microsoft has stated that “COVID-19 had minimal net impact on the total company revenue”, with revenue rising by 15% in Q3 FY 2020 to $35 billion. Following its earnings report,…

LG Post Record Q1 Margins, TV Slumps

Roma Christian April 30, 2020 No Comments

LG Electronics has announced its highest first-quarter operating income margin in company history, despite a modest decline in revenue versus last year. Q1 consolidated revenues notched US$12.4 billion, with operating…

Spotify’s Monthly Active Users Hits 286 Million During COVID-19

Elise Reid April 30, 2020 No Comments

In Q1 2020 Spotify exceeded subscriber forecasts, with the number of global Premium Subscribers reaching 130 million (up 31% year-on-year), while total Monthly Active Users hit 286 million, also representing…

Shopping Centre Landlords Brace For More Pain

Roma Christian April 30, 2020 No Comments

Credit rating agency S&P warns the listed property sector could feel the pain of COVID19 for a few years, as shopping centre owners continue to grapple with the threat of…

Gumtree Given The Green Light To Acquire Carsguide And Autotrader

Elise Reid April 30, 2020 No Comments

The ACCC has granted the online marketplace Gumtree unconditional authorisation to acquire Cox Australia Media Solutions, which will see Gumtree Cars take over the Carsguide and Autotrader sites, with the…

China Shafts Nokia Now Curries Favour In India

Computer Daily News April 30, 2020 No Comments

SHANGHAI: Finnish networking company Nokia has been left empty-handed, following the award of huge 5G contracts by China’s big three service providers. China Mobile, China Telecom and China Unicom were…

Big W Profit Still On The Cards Despite COVID19

Roma Christian April 30, 2020 No Comments

Embattled discount department store, Big W, has continued to progress its turnaround strategy, with parent company Woolworths still expecting the retailer to turn a profit for F20 despite the impact…

Oz Infrastructure Growth Takes 3pc Tumble: IDC Report

Computer Daily News April 30, 2020 No Comments

SYDNEY: To say the 2019 year was turbulent, and to be hit even harder this year due to COVID-19, is an understatement for the Australian and New Zealand enterprise infrastructure…