Afterpay Inks Apple Pay, Google Pay Deal In Credit Card War
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July 15, 2020
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Afterpay has continued to intensify the war on credit cards, by inking a deal with Apple Pay and Google Pay to offer... Read More
VIC COVID Cases Wipe June’s Gains In Consumer Sentiment
The Westpac-Melbourne Institute Index of Consumer Sentiment fell 6.1% to 87.9 in July, reversing all of last month’s impressive gain. This takes... Read More
Up To 50% Off Dyson, Breville & Other CE Brands At Big W
Tomorrow (16th July), Big W is launching its Big Brands sale, which will see the retailer offer up to 50% of a... Read More
Global Smart Home Spending Forecast To Grow 41% In 2021
Market research firm Strategy Analytics has estimated that global consumer spending on smart home devices will increase by 40.9% in 2021 to... Read More
Cashrewards IPO Tipped After Sales Surge
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Netgear Takes To Chartering Flights To Meet Retail Demand For Routers
Netgear has taken to chartering flights to get new W6 routers into Australian retailers as the Company delivers on record demand for... Read More
Despite COVID-19 Lockdowns Harvey Norman To Open New Stores
Harvey Norman is using the COVID-19 epidemic to open new stores in an expansion of their International operation. The new stores are... Read More
COVID-19 Has Already Cost Global Economy US$3.8Trn
According to a University of Sydney study, consumption losses caused by the COVID-19 pandemic have amounted to more than US$3.8 trillion, triggering... Read More
Kogan Turns To Twitter Instead Of ASX
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ACS Turmoil Continues As Chief Executive Steps Down
SYDNEY: Australian Computer Society CEO Andrew Johnson has resigned after some years in the post. He gave no public reason for his... Read More
Chinese Brand Hisense Slashes Thousands Of Jobs, New TV Range Lacks Apps
Chinese TV and appliance Company Hisense has moved to slash thousands of jobs due to COVID-19, what’s not known at this stage... Read More
Banned Huawei Lifts Revenue With Support From Chinese Market
As the UK gets set to dump Huawei communication gear from their national networks the Chinese Company has announced a 13.1% rise... Read More
Microsoft PR Agency Dumps Staff As WPP Struggle
Ogilvy PR or as they like to be called today OPR, has over the year handled some of Australia’s biggest consumer electronic... Read More
COVID Habits: 44% Of Australians Still Spending More Time In Front Of A Screen
According to the most recent ‘Household Impacts of COVID-19 Survey’ conducted by the Australian Bureau of Statistics (ABS) over 24th-29th June, 44%... Read More
Canalys: ‘Notebooks Have Pulled The PC Market Out Of Depression’
According to the latest figures from market research firm Canalys, the global PC market enjoyed a stellar recovery in Q2 2020 as... Read More
Trump Tipped to Take Strong Action Against TikTok & WeChat
Peter Navarro, Assistant to US President Donald Trump and the US Director of Trade and Manufacturing Policy, has told Fox News that... Read More
Three Ubisoft Executives Taken Out By #MeToo Movement
Three high-ranking executives at video gaming developer Ubisoft Entertainment have stepped down following allegations of sexual misconduct and abuse at the firm.... Read More
Will Afterpay Hit A Wall When Gov Subsidies End?
Afterpay’s share price has skyrocketed in recent months, hitting a record high of $73.50 last Thursday, compared to $8.90 in March, representing... Read More
LinkedIn Sued For Siphoning Private Data From Apple Users
On Friday a class action lawsuit was filed against Microsoft’s LinkedIn in San Francisco federal court, which claims that LinkedIn siphons private... Read More
Apple Fails To Materialize As Sonos Buyer, Google Reveals New Competitor
The lack of any response from Apple after analysts were suggesting that struggling US sound Company Sonos who is again laying off... Read More
Strategy Analytics: ‘AR/VR To Take Off As We Adjust To A New Normal’
According to the latest forecasts from market research firm Strategy Analytics, the global AR/VR markets will have a strong recovery in 2021,... Read More
PC Shipments Continue To Grow Up 11% Despite Limited Stock
In the second quarter of 2020 the traditional PC market – which includes desktops, notebooks, and workstations – grew by 11.2% year-on-year... Read More
Will CE Retailers In Vic See Another Surge During Round 2 Lockdowns?
While the retail sector as a whole was hit hard by the first round of COVID-19 lockdowns, the country’s major CE retailers... Read More
NAB: Financial Anxiety Easing Despite COVID19
Latest numbers from NAB reveals financial stress eased in the June quarter, despite market volatility and unemployment from the economic impact of... Read More
Samsung Tipped To Axe Free Phone Chargers, Follows Apple
Samsung is tipped to follow in the steps of Apple, with new reports suggesting it will cease shipping free chargers with selected... Read More
TikTok Denies Australia Ban
CANBERRA: Social media platform TikTok denies a report that it is being banned in Australia. This comes as the Chinese company faces... Read More
EXCLUSIVE:Bowers & Wilkins Sound United Deal Believed To Be Off
Bankers who are owed millions by former UK Company Bowers & Wilkins are believed to have said no to the proposed acquisition... Read More
Microsoft May Buy Gaming Unit
SEATTLE: Microsoft has expressed interest in buying Warner Bros’ gaming unit, according to The Information, a subscription-based digital media company. The report... Read More
TikTok Guarded Over Call By Parliament To Be Banned
SYDNEY: TikTok is set to be called to appear before a parliamentary committee amid calls for it to be banned in Australia,... Read More
HTC Revenues Hit 6-Month High
Embattled Taiwanese tech maker, HTC, has notched a six-month high in revenues, following strong demand for its virtual reality HMD devices. Revenues... Read More
LG Flag 24% Profit Dip, TV & Appliances Slump
LG Electronics has flagged a better-than-expected 24% slump in Q2 preliminary earnings, with its TV and home appliance division hit by the... Read More
Kogan’s Share Purchase Plan Oversubscribed, Raises $20m
Kogan.com has successfully raised $20 million through its share purchase plan that was launched in June, surpassing the original target by $5... Read More
Consumer Confidence Continues To Fall As COVID Cases Resurge
The ANZ-Roy Morgan Consumer Confidence index is now at its lowest point in nearly two months, at 92.1 – some 25.5pts lower... Read More
CE Distributors: ‘Border Closure Won’t Stop Deliveries’
Hours out from the closure of the NSW and Victorian border, CE, appliance and audio distributors told ChannelNews that they do not... Read More
Target Lists Huge Range On Catch After Wesfarmers Buy
Embattled department store, Target Australia, has commenced selling thousands of products on e-tailer Catch, as it continues to wind back its physical... Read More
Former The Good Guys CEO Up To His Neck In Dodgy Problems
Their South African parent Company is corrupt, their parent Company in Australia Greenlit Brands flogged Harris Scarf with $70 Million in the... Read More
COVID Shopping: Afterpay Sales Up 127%
Afterpay has witnessed substantial growth over the past financial year, with sales accelerating in Q4 FY20 – underlying sales rose 127% that... Read More
Samsung’s Stronger-Than-Expected Earnings Point To Recovery
Samsung exceeded expectations for Q2 2020, suggesting that the company may be recovering from the disruptions caused by the COVID-19 pandemic. The... Read More
ACCC Hits Retailer For Dodgy Returns Policy
The ACCC has slammed Steinhoff Asia Pacific’s Freedom Furniture for allegedly misleading consumers about their right to refunds, contravening Australian Consumer Law... Read More
Sennheiser Receive Bailout Loan
Audio equipment manufacturer, Sennheiser, has reportedly received between a US$2 million – US$5 million bailout loan as part of the US Paycheck... Read More
Panasonic Gets Out Of Another Category
After getting out of the TV market earlier this year Japanese Company Panasonic has moved to quit the cash the cash register... Read More
Business Confidence Up 5.7% In June, Led By WA, NSW & QLD
In June the Roy Morgan Business Confidence index continued to recover, rising by 5.7% to 95.0, which puts it at a similar... Read More
Oz Printer Market Down 33.8%
According to the latest figures from the IDC Worldwide Quarterly Industrial Printer Tracker, the industrial printer market in Australia and New Zealand... Read More
Covid-19 Boosts Aussie Online Sales By 50pc-Plus
SYDNEY: The NAB Online Retail Sales Index rose by 50.4 percent year-on-year in May, following April’s record growth of 58.5 percent. “While... Read More
Could Australia Be The Next Country To Ban TikTok?
TikTok – owned by China’s ByteDance – is set to be reviewed under the Senate’s Foreign Interference through Social Media inquiry, which... Read More
Ziggy Hails NBN Result
SYDNEY: After seven years sitting at the helm of Australia’s most massive infrastructure project, NBN Co chair Ziggy Switkowski, pictured, has congratulated... Read More
Optus Orders New Satellite To Cover Nation
SYDNEY: Optus says it has signed a deal with Airbus Defence and Space for a new OneSat satellite, pictured, which will cover... Read More
Ten Calls 2019 ‘Year Of Investment’ Following $227M Losses
Network Ten was down $227 million in 2019, with an underlying loss after tax of $45.3 million. “It was a year of... Read More
Vic Premier Desperate Dan Set To Screw Up Recovery, New Report
Victoria’s failure to contain the spread of COVID-19 will see retailers face a new threat that could affect the overall profitability of... Read More
Oz Retail Turnover Up A Record 16.9% In May
According to the final retail trade figures for May 2020 from the Australian Bureau of Statistics (ABS), turnover rose 16.9% that month.... Read More
