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Did Optus Outwit Teoh? TPG Shares Tumble On ASX

Computer Daily News April 19, 2017 No Comments

The value of David Teoh’s TPG Telecom plunged more than $1 billion on the ASX yesterday, with investors less than thrilled with the fortune Teoh paid last week to grab…

Woolworths Prepares For Fight Against Amazon

Jon Bragg April 18, 2017 No Comments

Woolworths has revealed it plans to continue to leverage data collected through its Rewards program in the lead up to Amazon’s Australian launch next year. The supermarket argues that personalisation…

eBay Threatens To Lock Out Oz Over Amazon Tax

Fergus Halliday April 18, 2017 No Comments

In a submission to the Senate inquiry on the “Amazon Tax”, international online shopping eBay has indicated the platform may have to stop Australian buyers from purchasing from overseas sellers…

Google Settles In Russian Legal Battle

Fergus Halliday April 18, 2017 No Comments

Google has settled in its legal battle with Russia’s Federal Antimonopoly Service, caving to demands that it should do more to make Android accessible to domestic competition. The FAS initiated the…

Samsung Team Up With Westfield To Show Off S8

Fergus Halliday April 12, 2017 No Comments

Visitors to Parramatta Westfield shopping center will be among the first in the world to get their hands on the Galaxy S8 ahead of its official launch, with Samsung rolling out their…

Google Scraps Plan For New Sydney HQ

Jon Bragg April 12, 2017 No Comments

Google has ended negotiations with the NSW government to move its headquarters to a new tech hub in Sydney’s inner west. Plans to redevelop the 95-hectare White Bay Power Station site in…

TPG Buys Spectrum, Moves To Build Own Mobile Network

Fergus Halliday April 12, 2017 No Comments

TPG is set to part ways with mobile partner Vodafone, following the company’s acquisition of 700Hz spectrum and the announcement that it will move to build its own mobile network.…

Rupert Takes Axe To Oz Headcount

Computer Daily News April 12, 2017 No Comments

Rupert Murdoch’s News group has closely followed Aussie rival Fairfax in taking a hatchet to its newsroom and photography staff. The changes will include cutting a so-far unspecified number of…

Toshiba Announce $12B Loss, Future In Doubt As PWC Refuse To Sign Off Books

David Richards April 12, 2017 No Comments

Toshiba’s future has just got a whole lot worse with the Japanese Company admitting that they “doubt” it can survive in the face of mounting losses. Toshiba said that they…

Woolworths Face $100M Shareholder Class Action

Fergus Halliday April 11, 2017 No Comments

Compensation firm Maurice Blackburn has announced it’ll be spearheading an investigation and possible class action lawsuit against supermarket giant Woolworths over allegations that the company breached its continuous disclosure obligations…