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Sony Back Making Losses, Mobile Division Drops $755M

David Richards May 25, 2016 No Comments

Sony who witnessed an 85% decline in mobile phone sales in Australia in Q1 2016, has overnight come out and said that their profits are set to half, they have…

NBN To Defend AFP Raids

Computer Daily News May 23, 2016 No Comments

The National Broadband Network hierarchy is expected to come out firing today, as it seeks to mount a defence of its actions in encouraging the Federal Police to raid ALP…

Big Business Joins IoT Group

Computer Daily News May 20, 2016 No Comments

Looking to embrace the technology-based future, the Business Council of Australia (BCA) has joined the Internet of Things Alliance Australia (IoTAA), and will become a member of the Aussie alliance’s…

Get Your Shopticals On: Myer Sets Up World-First VR Store

Computer Daily News May 20, 2016 No Comments

Major Australian retail group Myer has clinched a deal with eBay to set up and operate what’s claimed to be the world’s first virtual-reality online store. It uses technology designed…

Dell Seeks $21bn For EMC Purchase

Computer Daily News May 18, 2016 No Comments

Dell is getting set to sell US$16 billion (A$21 billion) or more of secured bonds as early as Tuesday in a bid to help fund its mammoth acquisition of storage…

Buffett Pumps $1bn Into Apple

Computer Daily News May 18, 2016 No Comments

Legendary investor, Warren Buffett has lifted his stake in Apple by a cool $1 billion. Apple stock closed higher on Monday after it was revealed that Buffett’s Berkshire Hathaway outfit…

Australia Now ‘Top Hotspot’ For Cybercrime: PwC

Computer Daily News May 18, 2016 No Comments

Australia is becoming a globally-recognised hotspot for cybercrime, with more than one in 10 Australian organisations reporting losses of more than $1 million a piece in the last two years,…

Lexar Appoints V-Sport For Photo Channel

Staff Writers May 17, 2016 No Comments

Lexar has today advised that it has appointed V-Sport as its exclusive distributor for all Lexar products in the photographic channel following Maxwell International’s decision to cease trading in Australia.…

Rejigged Hills Group Cashes Up

Computer Daily News May 17, 2016 No Comments

The once beleagured technology products distributor Hills Ltd says it has signed new finance facilities worth more than $50 million. The loans involved comprise a $36 million facility from Assetsecure,…

EXCLUSIVE: OZ Smartphone Market Smashed As Sony, Motorola & Telstra Slump

David Richards May 16, 2016 No Comments

The Australian smartphone market has taken a pounding, dropping 23% during the past 12 months, the feature phone market has fallen by 63% according to IDC. New IDC research reveals…