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Carriers Aren’t Prepared To Meet Data Diets Of Next Generation, Says Boost Founder

Fergus Halliday February 17, 2017 No Comments

Speaking to media in Sydney earlier this week, Boost Mobile co-founder and former CEO of 360fly Peter Adderton said that Australian carriers are failing to learn from the shifts currently…

Apple’s WWDC Scheduled For Early June

Jon Bragg February 17, 2017 No Comments

5,000 developers will descend on San Jose between June 5-9 2017 for Apple’s 28th annual Worldwide Developers Conference (WWDC). The conference typically reveals the latest software developments from the company,…

Lenovo Faces “Sizeable Challenges” As Profits Fall

Fergus Halliday February 17, 2017 No Comments

Lenovo’s latest earnings report (for the quarter ending December 31st) has seen the company’s revenue and profits slide despite “strong growth in mature markets”. Overall, quarterly revenue dipped 6% to…

Telstra Grow Base, Lose Profits In Underwhelming Earnings Report

Fergus Halliday February 16, 2017 No Comments

Telstra has failed to meet analyst’s expectations in its latest earnings report, with profits slipping 14.4% to $1.79 billion. Revenue also fell 6.4% to $12.8 billion. Telstra’s share price dipped…

CBA’s Tech Spending Jumps 61pc – As Net Banking Booms

Computer Daily News February 16, 2017 No Comments

The Commonwealth Bank spent $1.2 billion on IT services in the first half of the 2017 financial year, its latest figures show. This was a massive 61 percent jump on…

HTC Close Out 2016 With Net Loss, Commit To VR

Fergus Halliday February 16, 2017 No Comments

HTC have reported an operating loss of NT$3.6 billion (approx. US$117 million) in their latest earnings report for the final quarter of 2016. Revenue for the quarter ending December 31st…

Seven West Media Profit Drops 91% After Yahoo7 And Presto Writedowns

Jon Bragg February 15, 2017 No Comments

Seven West Media reported a 90.8% profit drop in July to December 2016 primarily driven by $83.3 million of impairments including the closure of Presto and a decline in value of Yahoo7. Other…

Wesfarmers Report 13.2% Profit Growth, Plan To Sell Off Officeworks As Coles Loses Ground

Fergus Halliday February 15, 2017 No Comments

As previously indicated by outgoing Wesfarmers Managing Director Richard Goyder, Coles has lost ground to rival Woolworths, reporting lower sales growth in its latest earnings report. However, to the surprise…

BREAKING NEWS: Toshiba Chairman Steps Down Over $6.3 Billion Writedown

Fergus Halliday February 15, 2017 No Comments

After pulling the plug on its latest financial statement, Toshiba has now seen its chairman Shigenori Shiga step down over disastrous cost overruns in its nuclear division that have seen…

BREAKING NEWS: Toshiba Pulls The Plug

Fergus Halliday February 14, 2017 No Comments

Toshiba has pulled the plug on a pending financial statement, due today. Initially primed to reveal the mounting costs of the company’s disastrous investment in the nuclear equipment business, the…