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Snap Shares Plummet Amid Average Q1 Results

Snap Shares Plummet Amid Average Q1 Results

Athina Mallis May 2, 2018 No Comments

For Q1, Snapchat revenue grew 54 per cent at US$230m however it missed its analyst estimates of US$243m, this result caused its shares to plummet 16 per cent. This result…

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Nick Scali “Eager” To Buy Steinhoff Asia Pacific

Nick Scali “Eager” To Buy Steinhoff Asia Pacific

Roma Christian May 2, 2018 No Comments

Recent reports reveal Nick Scali Furniture is “eager” to purchase Steinhoff International’s local operations, on the occasion the retail conglomerate goes up for sale. The news comes after Steinhoff expressed interest…

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Facebook Wants To Help You Find Your Soulmate

Facebook Wants To Help You Find Your Soulmate

Athina Mallis May 2, 2018 No Comments

Facebook is heading into the match-making business with the company building a new dating feature for the social media site. At F8, its annual two day event CEO Mark Zuckerberg…

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Gibson Brands Goes Belly Up Implications Locally

Gibson Brands Goes Belly Up Implications Locally

David Richards May 2, 2018 No Comments

Gibson Brands is out of the commercial consumer electronics business after the US Company filed for bankruptcy protection overnight, retailers are tipped to strip Philips and Pioneer product from their…

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Huawei Developing Own OS As It Faces Criminal Investigation

Huawei Developing Own OS As It Faces Criminal Investigation

Athina Mallis May 1, 2018 No Comments

Huawei could have its own PC and mobile operating system in the works as the Chinese company is facing a criminal investigation by the US department of justice. The US…

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Scentre CEO Not Concerned By Myer Collapse

Scentre CEO Not Concerned By Myer Collapse

Roma Christian May 1, 2018 No Comments

Scentre Group CEO, Peter Allen, has revealed he’s not concerned by the potential collapse of department store giant, Myer, affirming the shopping centre group has other “alternatives” for the space. Allen’s…

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Telstra Takes On Optus With New Unlimited Data Plans

Roma Christian May 1, 2018 No Comments

Telstra has thrown down the gauntlet against rival, Optus, and launched its new ‘unlimited’ data plan – a $60 SIM-only plan with 40GB of data at its fastest 4G speeds. Once the…

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Mitsubishi Electric Air Conditioners Win Guinness World Record

Mitsubishi Electric Air Conditioners Win Guinness World Record

Roma Christian May 1, 2018 No Comments

Mitsubishi Electric has been awarded a Guinness World Record for the longest running cross-flow-fan air conditioner brand, following the company’s invention of the technology in 1968. The Japanese-based company is known for…

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Optus Holds Onto Brit Premier League

Optus Holds Onto Brit Premier League

Roma Christian May 1, 2018 No Comments

Optus has retained its exclusive broadcast rights to the English Premier League (EPL) for another three years, remaining the local provider until 2022. The news comes as the telco asserts football,…

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WhatsApp Co-Founder Quits Amid Facebook Privacy Saga

WhatsApp Co-Founder Quits Amid Facebook Privacy Saga

Roma Christian May 1, 2018 No Comments

WhatsApp Co-Founder and Chief Executive, Jan Koum, has announced his resignation, after reportedly clashing with parent company, Facebook, over privacy standards and user data encryption. Mr Koum was widely recognised as…

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