Industry – Page 534 – channelnews

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Telstra Foxtel Share Not Up For Sale Claims Penn

David Richards June 25, 2018 No Comments

Telstra is not going to sell their share in Foxtel despite the Company struggling to identify where their future revenues will come from. Embattled Telstra chief executive Andy Penn did…

New NBN Guarantees Prevent Interim Internet Loss

Roma Christian June 22, 2018 No Comments

The Australian government is set to implement new NBN guarantees, preventing users from being left without internet during migration. The initiative takes effect from September 21st, and responds to the…

Godfreys Co-Founder Snares Majority Stake, De-Listing Likely

Roma Christian June 22, 2018 No Comments

Godfreys Co-Founder, John Johnston (99), has today achieved a 91% stake in the vacuum cleaner retailer, allowing him to compulsorily acquire remaining shares, and propose de-listing from the ASX. The…

JB Hi-Fi Signs Three Year Deal With Melbourne Esports Open

Athina Mallis June 22, 2018 No Comments

Home entertainment retailer JB Hi-Fi has signed a deal with the Melbourne Esports Open as its official presenting partner for the next three years. Richard Murray, JB Hi-Fi group CEO…

IS Telstra Boss Andy Penn Set To Be Replaced By A Female?

David Richards June 22, 2018 No Comments

Andy Penn the struggling CEO of Telstra threw everything at it this week in an effort to convince the market that he is the man to steer Telstra as the…

Google Jamboard Lands In Oz For $7,999

Roma Christian June 21, 2018 No Comments

Competing with the likes of Samsung’s ‘Flip’, Google has announced its 55-inch digital whiteboard, the ‘Jamboard’ is now available to purchase in Australia and New Zealand. Local ‘G Suite’ customers…

Amazon Wants To Wake You Up Next Time You Travel

Athina Mallis June 21, 2018 No Comments

Amazon is having a crack at waking you up next time you stay at a hotel or if you’re having problems falling asleep, playing you some soothing music. The online…

BP Axes $1.8 Billion Woolworths Servo Station Deal

Roma Christian June 21, 2018 No Comments

BP has withdrawn its $1.8 billion purchase of Woolworths 531 petrol sites, after the ACCC rejected the deal last year. Some commentators speculate Woolworths is banking on sales proceeds to invest…

Instagram Takes On YouTube With Video Streaming App

Athina Mallis June 21, 2018 No Comments

Instagram is launching a content viewing app, IGTV where users can upload and watch long-form videos from influencers or their followers. This new video streaming app puts itself in competition…

Brutal Phone War Breaking Out

David Richards June 21, 2018 No Comments

A brutal data and mobile phone war is set to break out in Australia and Telstra is desperatly looking for a major slice of the action. After years of stinging…