Industry – Page 422 – channelnews

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Kmart & Target Downgrade Profit After Catch Acquisition

Jack Gramenz June 13, 2019 No Comments

Wesfarmers has downgraded profit forecasts for the Kmart Group just hours after splurging $230 million buying Catch, an acquisition it hopes will help it better compete online. The company has…

Major Expansion Plans For Officeworks, Connected Home & Education

David Richards June 13, 2019 No Comments

Retail conglomerate Wesfarmers has announced a major expansion of their Officeworks operation with the retailer set to expand into the Connected Home, Education and Created Design markets. They also appear…

Ninety7 Gives Smart Speakers The Battery Google Should Have

Jack Gramenz June 12, 2019 No Comments

A smart home accessory brand has given Google’s Home and Home Mini speaker the cordless functionality Google should have just included from the start. “Lifestyle technology” company Ninety7 has released…

BREAKING NEWS: Wesfarmer Buy Catch New K Mart Online Division

David Richards June 12, 2019 No Comments

Days after Gerry Harvey purchased Seconds World From administration Wesfarmers has snared the Catch Group owners of Catch of The Day where distributors and retailers dumped slow selling stock, it’s…

EXCLUSIVE: Acer Wins $105M NSW Education Contract

David Richards June 12, 2019 No Comments

After reporting a 173% jump in profits for the last financial year Acer Australia has beaten out several leading PC brands to win the $105 Million-dollar, NSW Education department tender,…

AMD Continue Assault On Intel, Unveiling 16-Core Gaming CPU

Jack Gramenz June 11, 2019 No Comments

American chip maker AMD has announced an ultra-efficient 16-core 7nm gaming CPU, just weeks after shirt-fronting Intel with a range of new processors at Computex. AMD unveiled the new chip…

Microsoft Deletes 10 Million Images

Computer Daily News June 11, 2019 No Comments

Microsoft has deleted a massive database of 10 million images which was being used to train facial recognition systems. The database, released in 2016, contained online images of 100,000 well-known…

Netcomm Puts Off Decision On American Company Takeover

Computer Daily News June 11, 2019 No Comments

Australian comms equipment maker Netcomm has put off until June 20 a meeting at which shareholders will decide whether to accept the $161 million takeover offer from US-based Casa Systems.…

Techies Score Gold In Queen’s Birthday Honours Listings

Computer Daily News June 11, 2019 No Comments

Things are moving up a little, it seems, in getting government recognition for outstanding work in the technology arena. In past CDN reports on Australian honours lists we have seen…

Vocus Opens Books To AGL Energy In Takeover Talks

Jack Gramenz June 11, 2019 No Comments

Vocus Communications has exclusively opened its books to AGL Energy after a private equity firm withdrew its rival takeover bid last week. AGL will have four weeks to conduct due…