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EXCLUSIVE: Is Officeworks, K Mart & Target Up For Sale, New York Bankers Think So

David Richards May 28, 2018 No Comments

Is Wesfarmers still thinking about selling Officeworks, K Mart and Target? according to New York based investors Wesfarmers still has a private up for sale sticker on the business. The…

Godfreys Appoints Hardy As CEO For Third Time

Roma Christian May 25, 2018 No Comments

Following the mass resignation of its board, Godfreys has appointed Mr John Hardy as its new interim CEO – notably for the third time. Hardy was previously the retailer’s Chief between…

Wesfarmers Management To ‘Pay’ For Bunnings UK Flop

Roma Christian May 25, 2018 No Comments

Wesfarmers CEO, Rob Scott, affirms management will ‘pay’ for their failed Bunnings UK foray, following the sale of its international arm to Hilco Capital for over a $300 million loss.…

TPG Mobile Won’t Launch With Voice Service, Data Only

Roma Christian May 25, 2018 No Comments

TPG Mobile has revealed its forgoing voice call services during initial launch, remaining data-only. The budget-friendly telco is set to arrive in the second half of the year, following a $2…

Wesfarmers Sells Bunnings UK For Over $300M Loss

Roma Christian May 25, 2018 No Comments

Following sluggish sales and significant losses, Wesfarmers has today announced its selling its Bunnings UK business to Hilco Capital, for a comparative pittance. The deal sees the transfer of all Homebase assets and…

NBN Co Axes 100Mbps Top Speed Plan, “Outrageous” Cost

Roma Christian May 25, 2018 No Comments

NBN Co Chief, Bill Morrow, has announced they’ve “killed off” 100Mbps fixed wireless network plans, affirming the overall cost to taxpayers would be “outrageous”. Revealed on Thursday, Morrow affirmed the NBN Co had…

Samsung Loses Patent Battle With Apple Set To Pay US$539m

Athina Mallis May 25, 2018 No Comments

The patent battle between Samsung and Apple has finally ended with a US jury saying Samsung should pay Apple US$539m over copying patented smartphone features. The two tech giants have…

Amazon Confirms Echo Secretly Shared User’s Private Convo

Roma Christian May 25, 2018 No Comments

An Oregon woman has urged individuals to “unplug your Alexa devices now”, after her Echo smart speaker secretly recorded and shared a private conversation – an allegation Amazon has since confirmed. First…

Boost Warns T-Mobile & Sprint Merger Will Hurt Prepaid

Roma Christian May 24, 2018 No Comments

Boost Mobile (AU & US) Founder, Peter Adderton, has warned the behemoth merger of Sprint and T-Mobile will likely harm prepaid customers – a notable 30 million individuals in the…

Oz Businesses Scammed $4.7 Million, Up 23%

Roma Christian May 24, 2018 No Comments

The ACCC’s latest Targeting Scams report reveals Aussie businesses lost $4.7 million to scammers in 2017 – a notable 23% increase compared to the previous year. The consumer watchdog received 5,432 scam…