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Tencent Loses $207B Value, Profit Slumps

Roma Christian August 16, 2018 No Comments

Chinese tech giant, Tencent, has shed over $207 billion (US$150 billion) in market value since January, with a further $15 billion wiped on Tuesday, after Chinese regulators demanded it remove ‘Monster…

Amazon Misleading “One-Day Delivery” Ad Banned

Roma Christian August 16, 2018 No Comments

Amazon has been forced to amend its ‘One-Day Delivery’ advertisement in the UK, after regulators deemed the ad misleading, for not clarifying many Prime items did not support next day…

Amazon Becomes Major Investor

Computer Daily News August 16, 2018 No Comments

E-commerce giant Amazon has become a more active corporate investor and for the first time has amassed an investment portfolio worth US$1 billion. As of Q2, Amazon owned $1 billion…

Vamos To Exit Telstra Board

Computer Daily News August 16, 2018 No Comments

Peripatetic technology company executive and more recent multiple board member Steve Vamos has revealed plans to exit the Telstra board at the Big T’s AGM on October 16. Vamos, pictured,…

5G Goes Live On The Gold Coast

Thomas Hellier August 15, 2018 No Comments

Telstra has announced that it has switched on 5G technology in selected areas of the Gold Coast, marking an important step in Australia and positioning the company as the largest…

Westan Snares Exclusive Philips Hotel TV Distribution

Roma Christian August 15, 2018 No Comments

Westan has secured exclusive Asia Pacific distribution for Philips Hotel TVs, as the brand continues its “resurgence” in the Australian and New Zealand market in recent years. Director of Regional…

LG 5G Smartphone Coming Mid 2019

Roma Christian August 15, 2018 No Comments

As the race to 5G continues, LG has announced it’s on track to release America’s first 5G-smartphone in the first half of 2019, following a new partnership with Sprint. Sprint…

Amazon Opens Sydney Fulfilment Centre

Thomas Hellier August 15, 2018 No Comments

Amazon has announced its second Australian fulfilment facility is now open in Moorebank, South West Sydney. The facility allows for more Australian businesses to stock their product with the online…

Foxconn Delivers Shock Results

Computer Daily News August 15, 2018 No Comments

Foxconn, the new owners of Sharp and shortly Belkin and Linksys and who is the world’s top contract electronics maker and a major Apple supplier, has posted a surprisingly low…

Turnbull Govt. Plan To Force Handover Of Encrypted Data

Computer Daily News August 15, 2018 No Comments

Technology companies could be forced to hand over customers’ information, including encrypted conversations, to Australian police and spy agencies under new laws now under consideration. The controversial proposed legislation –…