Industry – Page 384 – channelnews

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Nvidia Shares Soar Despite Revenue Drop

Jan Arreza August 16, 2019 No Comments

Nvidia Q2 earnings and revenues beat Wall Street estimates, despite dropping from a year before, driven by better-than-expected gaming and automotive chip business. Sending shares up 6% in after-hours trading…

ACCC Crack Down On Button Battery Safety

Jack Gramenz August 16, 2019 No Comments

The Australian Competition and Consumer Commission has established a new taskforce aimed at improving regulation around button batteries. Two Australian children died and hundreds more have been hospitalised after swallowing…

Seven Appoint Former APN, 10 Boss New CEO

Jack Gramenz August 16, 2019 No Comments

As networks battle for access to content in the streaming era, Seven has appointed an experienced sales executive and former Ten chief as CEO, bringing an end to Tim Worner’s…

Crunch Time For Trade Dispute: China To Retaliate

Computer Daily News August 16, 2019 No Comments

Tech stocks on Wall Street and the ASX plummeted again yesterday, their second dive in just 10 days. But the full crunch time has yet to come. Next week, August…

Target Cut 80 Office Jobs Amid Premium Push

Roma Christian August 15, 2019 No Comments

Target is reportedly axing 80 head office jobs, as the embattled department store seeks to lift its market profile towards a more premium product stance. In an exclusive report by The…

Breville Profit Up 15%, US Tariffs Hit Shares

Roma Christian August 15, 2019 No Comments

Small appliance manufacturer, Breville Group, has reported a 15.2% jump in full-year profit, with shares slumping over 6% amid looming US tariffs. For the twelve months ending June 30, group…

iPhone “Snobs” Won’t Date Android Users

Jan Arreza August 15, 2019 No Comments

According to a new New York Post report, iPhone “snobs” are particular about dating other iPhone users, finding other smartphones owners, including Android devices, a “dating red-flag”. For young millennial daters, it…

Huawei To Launch HarmonyOS Smartwatch

Jan Arreza August 15, 2019 No Comments

Reports have suggested that Huawei’s next HarmonyOS-powered device will be its upcoming range of smartwatches. Huawei initially launched its new HarmonyOS in a bid to lessen its reliance on Google’s…

Fast NBN Plans Grow As Telstra Dominates RSP

Jack Gramenz August 15, 2019 No Comments

More Australians are connecting to the NBN and on faster plans as the network rollout nears completion, just in time for it to come under threat from burgeoning 5G networks.…

Lenovo Post Record Market Share, Profit Up

Roma Christian August 15, 2019 No Comments

Lenovo Group has more than doubled Q1 net income to US$162 million, with group revenue notching US$12.5 billion – its eighth consecutive quarter of revenue growth. The company claims it…