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Staff Cut, Stores Closed As Allphones-Admins Look For Buyer

Fergus Halliday February 8, 2017 No Comments

Details have begun to emerge about the radical cuts facing Allphones’ staff and retail presence in the wake of the company going into administration with PPB Advisory on Monday. At the…

HTC Revenues Dip Ahead Of HTC U Launch

Fergus Halliday February 8, 2017 No Comments

A myriad of factors has seen HTC experience a 27.98% drop in year-on-year growth in its latest monthly revenues report. The company reported unaudited revenues hit a reported ten-year low of…

HPE’s Whitman Banks $35.6mil

Computer Daily News February 8, 2017 No Comments

Hewlett Packard Enterprise CEO Meg Whitman received US$35.6 million in compensation for fiscal 2016 after restructuring the company amid growing competition from cloud-based service providers. Despite the massive pay package…

Australia Must Be A Top Tier Innovator By 2030, Says ISA

Computer Daily News February 8, 2017 No Comments

Innovation and Science Australia (ISA) – an independent body responsible for advising the Government on science, research and innovation matters – has released a review of the Australian Innovation, Science…

Only 3 Employees Needed For Amazon’s Checkout-Free Supermarkets

Jon Bragg February 7, 2017 No Comments

Amazon’s supermarket concept that automates the buying process could require as few as three employees. The New York Post reported that Amazon Go stores could be staffed by three to ten employees…

Banks Hit Back At Apple ACCC Submission

Fergus Halliday February 6, 2017 No Comments

A statement has been released by the coalition of banks (NAB, Westpac, Commonwealth and Bendigo Bank) currently seeking permission to collectively bargain with Apple over use of the iPhone’s NFC chip in response…

Allphones Slides Into Administration

Fergus Halliday February 6, 2017 No Comments

2017 has claimed its latest casualty with reports that local retail chain Allphones has gone into administration. Originally reported by ABC, Allphones staff are said to have been briefed on…

Masters Closure Pushes Retail Turnover Down

Jon Bragg February 6, 2017 No Comments

Retail turnover in Australia fell by 0.1% in December 2016 according to the Australian Bureau of Statistics driven by a 2.3% fall in household goods retailing. Seasonally adjusted data from…

EXCLUSIVE: Senior Execs Quit Sharp Major Restructure Tipped

David Richards February 5, 2017 No Comments

Joe Costantino, the Deputy Managing of Sharp Australia has quit along with two other senior executives. The restructure which is believed to have ordered by Foxconn executives who took over…

ACCC Commits To Regulating Wholesale ADSL

Fergus Halliday February 3, 2017 No Comments

First announced back in October, the ACCC has today confirmed its intentions to regular the wholesale ADSL market for another 5 years. They say the move will promote the long-term interests…