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$50 MILLION FLOAT UNDER WAY – Kogan.com Brands Itself As ‘Nextgen’ Online Retailer

Computer Daily News June 10, 2016 No Comments

Kogan.com – which yesterday released its prospectus for a $50 million float on the ASX sharemarket – is billing itself as a “next-generation” online retailer. “In combining the data analytics…

Accountant Kickback Claim, As Guvera Streaming IPO Hits Muddy Waters

Computer Daily News June 9, 2016 No Comments

The controversial $300 million sharemarket float planned by Queensland online music streaming service Guvera may be in danger of flopping, following heavy criticism by market observers and – more recently…

Samsung May Spin Off Logistics

Computer Daily News June 8, 2016 No Comments

Samsung SDS said it is considering spinning off its logistics process outsourcing business, and will consider acquisitions and new businesses to increase external customer sales. Samsung SDS, which handles some…

Verizon To Bid $3bn For Yahoo

Computer Daily News June 8, 2016 No Comments

Verizon Communications has said it plans to submit a second-round bid of around US$3 billion for Yahoo’s core Internet business. The telco, seen as the leading contender to buy the…

Power Struggle At Cisco – Dumped R&D Team Quits

Computer Daily News June 8, 2016 No Comments

Just one week after announcing that three members of Cisco Systems’ legendary four-person R&D team had been reassigned, CEO Chuck Robbins, pictured, has announced that they’ve all resigned instead. Mario…

Westan Appointed InFocus Distributor

David Richards June 7, 2016 No Comments

InFocus who manufacture premium projectors has appointed Westan as their Australian distributor for InFocus Touchscreens and Video Conferencing solutions. The appointment that takes effect immediately, and covers both Australia and…

No Wheels At Microsoft

Computer Daily News June 6, 2016 No Comments

Microsoft has confirmed it is not about to make a self-driving car itself – but says it is looking to get its technology on other companies’ self-drive models. “We won’t…

Guvera Looks For $100 Million

Computer Daily News June 6, 2016 No Comments

One planned float, by Gold Coast-based online music streaming service Guvera, could perhaps be the type of IPO that has caught Paul Bassat’s eye. Guvera is seeking to raise up…

Bassat Slates ASX Start-Ups

Computer Daily News June 6, 2016 No Comments

Seek co-founder Paul Bassat has called on the Australian Securities Exchange to adopt much tighter listing requirements for technology start-ups. His call comes after a plethora of IPOs by small…

Toyota Set To Buy Google Robots

Computer Daily News June 3, 2016 No Comments

Toyota is set to buy Boston Dynamics and Schaft’s robot divisions from Google’s Alphabet. A Nikkei financial news report said Toyota is interested in buying Boston Dynamics, home of the…