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BREAKING NEWS: Umbers Exits As Myer CEO, Rumours Of Sacking

Roma Christian February 14, 2018 No Comments

Following personal attacks from disgruntled shareholders, and the release of several profit downgrades, Myer CEO Richard Umbers has stepped down – with some reports suggesting it was a forced sacking. Just last…

News Corp Keeping Tight Lid On $30m Turnbull Grant For Foxtel

Athina Mallis February 14, 2018 No Comments

News Corp is not revealing what it will do with its $30m grant for Foxtel given by the Turnbull government nearly six months ago. The Sydney Morning Herald says the funding…

Is Facebook Becoming Unsafe & Uncool?

Roma Christian February 14, 2018 No Comments

Once known as the preferred social media for teenagers, latest research reveals Facebook’s teen users are ditching the platform in droves. The news comes as a German court also finds Facebook’s…

Billions To Be Paid For UK Premier League Rights

David Richards February 14, 2018 No Comments

As the battle over sports rights heats up in Australia the Murdoch linked Sky Sports has agreed to pay A$6Billion for a three-year deal to show 128 English Premier League…

Qualcomm, Broadcom To Meet

Computer Daily News February 14, 2018 No Comments

Qualcomm and Broadcom plan to meet today to talk about the latter’s $121 billion (A$153 billion) acquisition offer, the first time the semiconductor companies have discussed the potential deal. The…

Amazon Slashes Hundreds Of Jobs

Computer Daily News February 14, 2018 No Comments

Amazon.com is cutting hundreds of jobs in its consumer business in Seattle as the company shifts resources into fast-growing areas, including voice assistant Alexa. Amazon said it has found that…

NBN To Publish Speed Test Results

Computer Daily News February 14, 2018 No Comments

Initial results of an NBN fixed-line homes speed test will be published next month, Australian Competition and Consumer Commission (ACCC) chair Rod Sims has said. Some 2000 homes are currently…

Revenue, Profit Down At Reckon, But Cloud Business Taking Off

Computer Daily News February 14, 2018 No Comments

ASX-listed accounting software house Reckon has reported revenue of $48.9 million for the year ended December 31, down slightly on the $49.68 million recorded in the 2016 year. Profit after…

Mophie Fails To Stack Up When It Comes To Wireless Charging, The Distributor Behind It Doesn’t Want To Talk About It

David Richards February 13, 2018 No Comments

One of the hottest categories at CE retailers right now is wireless charging and a recent visit to retailers revealed some interesting observations especially when it came to questioning staff…

Oz Banks Debut New ‘Instant’ Payment Platform

Roma Christian February 13, 2018 No Comments

From today, local banks will commence roll-out of out a new payment platform, set to offer ‘instantaneous’ transfers, 24 hours a day, seven days a week. Reportedly in development for four years,…