Industry – Page 756 – channelnews

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Woolworths To Close 27 Stores And Cut 500 Jobs

Fergus Halliday July 25, 2016 No Comments

Supermarket chain Woolworths has announced radical restructuring that will see the company close 27 stores and shed 500 jobs. “Today’s announcement demonstrates both the progress we are making and our…

Verizon Set To Buy Yahoo For $4.8 Billion

Fergus Halliday July 25, 2016 No Comments

US Telecomms giant Verizon is set to acquire search engine player Yahoo. Bloomberg broke the story earlier today, saying “Verizon Communications Inc. will announce plans to buy Yahoo’s core assets for a…

Census Ahead: Protests Grow A ABS Insists On Data Retention

Computer Daily News July 25, 2016 No Comments

In two weeks, Australians will have to complete their details for the 2016 census, but some privacy groups are outraged after the Australian Bureau of Statistics reversed a long-held policy…

Administrators Move Dick Smith To Liquidation Phase, Criminal Charges Yet To Be Leveled At Directors

Fergus Halliday July 25, 2016 No Comments

Dick Smith administrators McGrathNicol and creditors officially moved the company into the liquidation phase with today’s creditor meeting. With a potential-$270 million shortfall leaving unsecured creditors and shareholders with zero returns, administrators did…

Chromebooks Outsell Macs In US Education Market

Fergus Halliday July 22, 2016 No Comments

According to IDC numbers, May sales saw Google’s Chromebooks officially overtook Macs in the American education market for the first time this year. They say Dell, HP and Lenovo sold nearly…

Apple To Make $3 Billion On Pokemon Go Microtransactions

Fergus Halliday July 22, 2016 No Comments

Brokerage firm Needham & Co estimate that Apple is set to make $3 billion in revenue from Nintendo’s enormously successful augmented reality title, courtesy of their App Store. According to analyst…

EBay Sales Increase 5.7pc

Computer Daily News July 22, 2016 No Comments

Online retailer eBay posted its second straight quarter of sales gains, signalling a turnaround following its recent split from payments unit PayPal. “We made good progress on our strategy, and…

Elon Musk Outlines His Next ‘Master Plan’

Fergus Halliday July 22, 2016 No Comments

Billionaire innovator Elon Musk has outlined the future of Tesla Motors in a new blog post. Titled “Master Plan, Part Deux”, the post is a follow up to Musk’s original mission statement written…

Netcomm CEO Stewart Gonged

Computer Daily News July 22, 2016 No Comments

ASX-listed communications equipment maker NetComm Wireless scored a double win in the communications industry’s annual awards this week: its smart-home gateway won the inaugural IoT Innovator Award; and CEO David…

BSA Nails Show-Stand Designer For Using Pirated Software

Computer Daily News July 22, 2016 No Comments

BSA, The Software Alliance – the anti-software piracy outfit which offers rewards of up to $20,000 to Australians who dob in companies that make use of unlicensed software – has…