Industry – Page 486 – channelnews

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Google Owner Misses Revenue Shares Slump

Orlaith Costello October 26, 2018 No Comments

Google’s parent company, Alphabet, has released its latest earnings report who disclosed slower third-quarter revenue growth missing Wall Street estimates, with disappointing ad sales barely reaching targets according to reports, sending…

Lew Heats Up Shareholder Strife Ahead of Myer AGM

Roma Christian October 26, 2018 No Comments

Major Myer shareholder, Solomon Lew, has urged fellow owners to vote against the retailers’ remuneration report, triggering a ‘second strike’ and spill of its board, during next month’s AGM. As…

ACCC Approves Telstra’s Special Services NBN Migration Plan

Orlaith Costello October 26, 2018 No Comments

The ACCC announced today that it has approved Telstra’s proposed NBN Migration Plan for business Special Services. Special Services are business-grade services used for critical purposes other than standard landline…

Google Admits Firing 48 Employees For Sexual Misconduct

Orlaith Costello October 26, 2018 No Comments

Google CEO Sundar Pichai admitted in an email to employees that Google terminated 48 employees for sexual misconduct over the last two years, in response to allegations from The New…

LG Q3 Operating Profit Up 45% YoY

Roma Christian October 26, 2018 No Comments

LG Electronics has post a notable 45% year-on-year jump in Q3 operating profit to 749 billion won ($657.83 million), meeting the company’s former guidance. The Korean giant claims Q3 revenue is…

Amazon Finally Wobbles As Earnings Fail To Meet Expectations

David Richards October 26, 2018 No Comments

As Amazon struggles to get traction in Australia the big US online trader has missed global earnings forecasts with analysts claiming that their biggest market, the USA has reached saturation…

Partner To Some Of Australia’s Biggest Tech Companies Crashes

David Richards October 26, 2018 No Comments

Things are going from bad to worse for WPP the worlds biggest advertising and PR Company and a partner to some of the worlds biggest tech Companies, with their shares…

JB Hi-Fi Confirms 2019 Guidance Despite Amazon Growth

Roma Christian October 25, 2018 No Comments

UPDATE – JB Hi-Fi has narrowly missed a ‘first strike’ against it remuneration report, with around 21% of shareholders voting against the report – slipping below 25% to warrant a…

Samsung And Apple Fined For Slowing Down Phones

Orlaith Costello October 25, 2018 No Comments

An anti-trust watchdog group, Italian Authority for Market and Competition, has issued Samsung and Apple a €5 million fine each ( approx. $5.7 million), following complaints from users that they…

Microsoft Release Q1 Earnings With Cloud And Gaming Growth

Orlaith Costello October 25, 2018 No Comments

Microsoft has released their Q1 earnings, reporting $29.1 billion revenue and net income of $8.8 billion. This is a 19% increase in revenue and 34% increase in net income to…