Industry – Page 210 – channelnews

[newsletter_form]

Australia’s #1 technology news source

[newsletter_form]

[bd_sorted_posts]

Cinemas & Studios Clash On At-Home Releases Following COVID-19

Elise Reid April 30, 2020 No Comments

US-based AMC Theatres has announced that it will not license any Universal films at the company’s 1,000 cinemas worldwide in response to Universal Studio’s move towards premium video on demand…

CE & Appliance Suppliers Impacted By Surging Dollar

David Richards April 30, 2020 No Comments

Distributors, many who were caught out by the slump in the Australian dollar to a low of US$0.53 in early March, resulting in several of them, especially in the Hi…

Target Struggles Now Big W Closes Another Store Despite CE Success

David Richards April 29, 2020 No Comments

Yesterday it was Wesfarmers targeting the discount store market claiming that sales had slowed at Target now archrival Woolworths has moved to close another poor performing Big W store s…

Investors Bet Big On Tech Giants’ Pandemic Power

Roma Christian April 29, 2020 No Comments

Investors appear to betting on big-tech stocks during the coronavirus pandemic, with Microsoft, Apple, Amazon, Facebook and Google-parent Alphabet now comprising more than 20% of the value of the entire…

90% Of Tech Professionals Expect WFH Policies To Stay Post-COVID-19

Elise Reid April 29, 2020 No Comments

Blind, which is an anonymous network of more than 3.5 million verified employees, has found that 90% of employees expect flexible work-from-home (WFH) policies to persist after COVID-19 restrictions are…

Samsung Warns Q2 TV & Phone ‘Significant Decline’

Roma Christian April 29, 2020 No Comments

Samsung has warned its core TV and smartphone business could notably decline in Q2, as demand for the new Galaxy S20 and Galaxy Z Flip failed to considerably lift Q1…

Kaufland Nails Coffin With MD Resignation

Roma Christian April 29, 2020 No Comments

Discount German big-box retailer, Kaufland – which was tipped to follow the steps of ALDI in Australia – has officially seen the resignation of local Managing Director, Julia Kern, following…

US Intel Report Casts Doubt On Zoom Safety

Roma Christian April 29, 2020 No Comments

The American Department of Homeland Security is reportedly concerned that popular videoconferencing platform, Zoom, is vulnerable to overseas spy agencies. Obtained by ABC News, an intelligence analysis by the Department…

Amazon Under Fire For Shady Marketplace Practices

Roma Christian April 29, 2020 No Comments

E-commerce giant, Amazon, is reportedly facing heavy scrutiny from US politicians following allegations of ‘predatory data practices’ on its Marketplace platform, which some local commentators suggest may be happening down…

YouTube and Google’s Ad Revenues ‘Significantly Down’ In March

Elise Reid April 29, 2020 No Comments

Although Alphabet – which owns Google and YouTube – recorded overall growth of 13% in Q1 2020, the company was hit by the COVID-19 crisis in March. “Performance was strong…