Industry – Page 521 – channelnews

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Myer Cuts Jobs, Cancels Annual Supplier Ball

Roma Christian July 20, 2018 No Comments

New Myer CEO, John King, has reportedly ruffled a few suppliers’ feathers, following reports he’s cancelled the annual Supplier of the Year Ball – coupled with claims of several Head…

Google Working On Android Replacement ‘Fuchsia’

Athina Mallis July 20, 2018 No Comments

Google is reportedly working on a new OS dubbed ‘project fuchsia’ a successor to Android which will be released in the next five years but the search engine giant has…

“Random” LG Ad Panned “Self-Indulgent”

Roma Christian July 19, 2018 No Comments

LG Electronics has seen its latest video ad panned “random” by senior marketing executives. The Tim Kindler directed short film has been described “brilliant” yet “self-indulgent”, and is said to…

Plantronics Posts 216% Aussie Growth

Roma Christian July 19, 2018 No Comments

Plantronics has post a whopping 216% increase in local year-to-date growth – a feat claimed to cement its position as Australia’s number one gaming headset manufacturer. The result is said…

June Job Growth Booms

Roma Christian July 19, 2018 No Comments

Latest ABS numbers reveal job growth boomed in June, adding over 50,000 new positions during the month. The number of employed individuals blew past expectations, notching a whopping 50,900 increase…

Nest Joins Google Home Team, CEO Steps Down

Roma Christian July 19, 2018 No Comments

Nest CEO, Marwan Fawaz, has reportedly stepped down from the smart security cam company, after the division moved to fall under the Google Home team. The Google Home team oversees…

eBay Q2 Results Miss Analyst Expectations

Athina Mallis July 19, 2018 No Comments

eBay Q2 results were average with its revenue rising only 9 per cent to US$2.6bn missing analysts expectations. During the quarter, eBay delivered GAAP net income from continuing operations of…

Investors To Return Toshiba To US Court Over Accounting

Computer Daily News July 19, 2018 No Comments

A US appeals court has paved the way for investors in Toshiba’s US-listed securities to revisit a case which the investors say cost them serious losses after the Japanese industrial…

Amazon Denies Networking Entry, Cisco Shares Soar

Roma Christian July 19, 2018 No Comments

Debunking previous reports, Amazon has confirmed it’s not developing its own networking switches to rival Cisco – news which has caused the IT giant’s shares to spike over 3%. As per MarketWatch, a…

Google Hit With Historic $6.8bn EU Antitrust Fine

Athina Mallis July 19, 2018 No Comments

Google has been hit with a record €4.34bn ($6.83bn) fine for breaching the European Union’s antitrust rules where the search engine giant has ‘engaged in illegal practices’ to cement its…