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Sony’s Film Division Takes $1B Hit

Fergus Halliday January 31, 2017 No Comments

Sony’s share price has taken a beating after the company filed a $962 million writedown for its film division, blaming changes in the nature of the entertainment business. They say that the…

Former-Dick Smith Shareholders Sharpen Pitchforks

Fergus Halliday January 31, 2017 No Comments

Shareholders of collapsed consumer electronics retailer Dick Smith are said to be considering making claims against parties involved in the doomed-company’s $344 million float, including investments banks and accounting firms.…

BREAKING NEWS: Gary Tye Parts Company With Convoy

David Richards January 30, 2017 No Comments

Gary Tye, the General Manager of Specialty Audio at Convoy International, has parted Company with the Sydney based distributor who last year underwent a major restructure to focus on the…

Apple Profits Slump 97% As OZ Taxman Takes Slice

Jon Bragg January 30, 2017 No Comments

Apple’s Australian operation has reported drops across the board for the 2016 financial year, with net profits down by 97%. For Apple’s financial year ending September 24 last year, post-tax…

The Jury Is Still Out On VR Lawsuit

Fergus Halliday January 30, 2017 No Comments

The three-week court trial between Facebook and video game publisher ZeniMax over alleged theft of VR intellectual property is now in its final stretch, with the case’s jury expected to deliberate the…

EXPOSED: KEF Price Gouging, Hi Fi Gear in OZ

David Richards January 28, 2017 No Comments

Serious questions are being raised about the high price of KEF sound products in Australia, with several of the UK Companies products listed on local retailer’s sites, at thousands of…

Digital Continues To Overtake Retail Gaming Sales

Fergus Halliday January 27, 2017 No Comments

The numbers are in – and global digital game sales in December 2016 grew to $7.6 billion, up 10% on the previous holiday season. According to market researcher SuperData Research, overall…

Alphabet Misses Analyst Expectations Despite Pixel Sales

Jon Bragg January 27, 2017 No Comments

Alphabet’s earnings report for the final quarter of 2016 saw the company report lower than expected profit growth of 8.3%. Meanwhile quarterly revenue surpassed analyst estimates, increasing by 22% driven mostly by…

Intel Reports Revenue Growth Driven By Internet Of Things And Data Centres

Jon Bragg January 27, 2017 No Comments

Intel has reported a 9.8% rise in quarterly revenue, with strong growth in its internet of things and data centre operations. The company posted net revenue in the fourth quarter…

POSmusic Lets Retailers Connect With Customers Through Music

Jon Bragg January 25, 2017 No Comments

New marketing platform POSmusic will allow brands to create their own music apps to engage and connect with customers. Branded music apps are designed by POSmusic to match the look…