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Alibaba Revenue Up 61% Despite US Tension

Roma Christian August 24, 2018 No Comments

Alibaba has post a 61% [YoY] jump in quarterly net revenue to 80.9 billion yuan (US$12.2 billion), driven by entertainment and cloud computing, plus e-commerce customer growth. For the three…

Australia Post Profit Up 41%

Roma Christian August 24, 2018 No Comments

Australia Post has reported a whopping 41% jump in full-year profit to $134 million, driven by continued online shopping growth and a record holiday season. The government-backed company claims parcel…

Huawei Comes Out Swinghing claiming 5G Ban Was ‘Politically Motivated”.

David Richards August 24, 2018 No Comments

Huawei has come out swinging claiming that the decision to ban the Chinese Companies involvement in the roll out of 5G is “politically motivated”, there was no mention of the…

Xiaomi Posts Maiden Results

Computer Daily News August 24, 2018 No Comments

Chinese smartphone maker Xiaomi has posted a 68 percent revenue jump, along with a lift in quarterly profit in its maiden earnings report, on the back of overseas markets. The…

Fitbit Trackers Ruled Inaccurate

Computer Daily News August 24, 2018 No Comments

Fitness trackers are inaccurate and mislead users by over-estimating the number of steps users take, a new report claims. According to research from the University of British Columbia, published in the…

Vocus Profit Drops 17 Percent

Computer Daily News August 24, 2018 No Comments

Australia’s current No 4 telco Vocus has posted a 17 percent drop in net profit for the year to June 30. Net profit after tax came in at $127 million,…

Credit Card Fraud Hits $476 Million

Computer Daily News August 24, 2018 No Comments

Online payments fraud via use of Australian credit cards hit $476 million in the 2017 calendar year, according to new figures produced by the Australian Payments Network. And that was…

China, Vodafone and Optus Upset By Huawei Block

Thomas Hellier August 24, 2018 No Comments

Scott Morrison, in his brief tenure as Home Affairs Minister, has drawn the ire of the Chinese Government, Vodafone and Optus by blocking Huawei from Australia’s 5G. The core issue…

David Jones Profit Plummets 50%

Roma Christian August 23, 2018 No Comments

Luxury department store, David Jones, has post a 49.6% drop in full-year operating profit to A$64 million, following intense market pressure and an organisational re-structure. Total sales have slumped 3.8%.…

ASUS Debuts ‘Triple Threat’ Gaming Processors

Thomas Hellier August 23, 2018 No Comments

Leveraging hype from Nvidia’s recent launch, ASUS has unveiled its next generation graphics processors – the “triple threat” GeForce RTX 20 series. Like previous ASUS graphics processors, the new Republic of Gamers’…