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Foxconn Earnings Below Estimates

Thomas Hellier August 14, 2018 No Comments

Mobile phone parts manufacturer and key Apple partner Foxconn Technology Group (listed as Hon Hai Precision Industry Co., Ltd) has reported a decline in earnings for the April-June quarter, surprising…

Action Camera Market Lacks Action Sales Slump

Thomas Hellier August 14, 2018 No Comments

In a blow for Go Pro demand for action cameras is falling with cheap feature rich models now attracting buyers attention over the more expensive model. According to Futuresource, the…

ASUS Struggles As Notebook Sales Slump 29% & Profits 44%

David Richards August 14, 2018 No Comments

Struggling PC maker Asustek Computer who trade in Australia as ASUS has reported a 44% drop in net profits. This is the same Company that last year was trying to…

Workers Reject Telstra Pay Rise Offer

Thomas Hellier August 13, 2018 No Comments

81 per cent of eligible voting members from Telstra’s workforce have rejected a new enterprise agreement that proposed a 1.5 per cent pay increase, arguing it is lower than increases…

ACCC To Take Over Collection Of Internet Activity Statistics

Computer Daily News August 13, 2018 No Comments

Three months after the Australia Bureau of Statistics – incredibly to some observers – announced it was dropping its collection of Internet activity statistics, the more enlightened Australian Competition and…

Oz Business Moving Fast On AI

Computer Daily News August 13, 2018 No Comments

Artificial intelligence (AI) is already beginning to transform the customer experience in Australia, according to a study by Freshworks, which describes itself as a “customer engagement specialist”. The survey of…

JB Hi-Fi Revenue Up, Margins Squeezed

Roma Christian August 13, 2018 No Comments

Despite a tough retail climate and the growth of Amazon Australia, JB Hi-Fi has post a stellar 12.3% lift in full-year group net profit to $233.2 million, coupled with a…

BREAKING NEWS: JB Hi Fi CEO Steps Down To Take New Role Murray Steps Back Up

David Richards August 13, 2018 No Comments

Richard Murray the Group CEO of JB Hi Fi has taken on his old role as interim CEO of JB Hi Fi with former CEO Cameron Trainor taking on a…

RBA Downgrades Annual Inflation Forecast

Roma Christian August 10, 2018 No Comments

The Reserve Bank has officially downgraded its 2018 inflation forecast, expecting core and underlying inflation to climb 1.75% by December – down from 2.25% and 2% [respectively] projected in May.…

Surface Pro Update Fixes Pen Issues

Thomas Hellier August 10, 2018 No Comments

One of the many complaints consumers have had about the Microsoft Surface Pro 4 is getting a fix, with a new firmware update now available designed to correct the inaccurate…