Samsung Q1 Revenue To Disappoint Market
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March 27, 2019
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Samsung Electronics has informed investors its Q1 revenue will likely miss market forecasts, citing an “earnings shock” which has continued to affect... Read More
Oz Gift Card Scams Pocket $5M In 2018
Latest numbers from the Australian Competition and Consumer Commission reveals gift card-related scammers stole over $5 million in 2018 – a 38%... Read More
Kaspersky Slam ASUS For Major PC Security Slip
Cybersecurity vendor, Kaspersky Labs, has slammed ASUS for selling over one million PCs with malicious trojanized utilities – claiming it’s “one of... Read More
Samsung Marketing Probe Ends In Multiple Layoffs
Samsung has laid off marketing staff, following an internal audit of the division in its US marketing operation. The audit comes hot... Read More
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A brutal battle is set to unfold in the Android smartphone market between Samsung the market leader with their all new Galaxy... Read More
OZ PC Market Back In Decline
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German TV brand Loewe is getting into the premium audio business following a major restructure just as Bang & Olufsen is still... Read More
Big Retailers Dumps Apple Others Demand Better Margins As iPhone Sales Crash
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Officeworks Combat Amazon With World First Mega Store
Officeworks has sought to combat the growth of Amazon Australia, by unveiling the world’s largest office supply store in Melbourne’s Mentone –... Read More
ASUS Profits Crash 73% As PC & Peripheral Sales Flop
Struggling PC brand ASUS who trade as Asustek has reported a loss of $130M for the quarter, the Company is also a... Read More
Myer Slash 50 Jobs Amid Turnaround
Embattled department store, Myer, has reportedly slashed around 50 jobs across management and marketing, following a thorough review of its “customer first”... Read More
JB Hi Fi Flog New Germanica Washing Machine At Half The Price Of Similar Bosch Model + In Home Warranty
JB HI Fi has moved to heavily promote the all new Germanica appliance brand in Australia by offering an in home warranty... Read More
Google Walloped By EU For ‘Abusive’ Practises, $2B Fine
Google has been hit with a $2.1 Billion dollar fine by the European Union for what has been labelled ‘abusive practises’. This... Read More
Big W Face Massive Wage Hike
Embattled discount retailer Big W is on track to foot the bill for a large wage spike as it reached a new... Read More
Oz Retailers To Feel Further Pain In 2019
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MSI Eyes Samsung Curved Gaming Monitor Throne
Taiwanese PC manufacturer, MSI, has sought to dethrone Samsung as the world’s largest curved gaming monitor supplier in 2019, with some commentators... Read More
Poly Appoints NEC Exec As ANZ MD
Newly rebranded company Poly, formerly Plantronics and Polycom, has appointed former NEC Australia exec, Andy Hurt to its helm as managing director.... Read More
Peloton Sued $150M Over Music License Breach
Several members of the National Music Publishers Association (NMPA) have sued fitness start-up, Peloton, over US$150 million in damages, asserting their music... Read More
New Dropbox Boss, Refuses To Talk About Premium Pricing, Vs Cheap Google Storage
Despite being the former sales director for Dropbox the newly appointed Country Manager for the US storage Company Dean Swann is refusing... Read More
FUJIFILM Alumnus Appointed National BDM
FUJIFILM Australia alumnus Simon Murphy has re-joined the photographic and imaging company as its new National Business Development Manager. Formerly with the... Read More
No Equity Boost: Vocus Slumps
Shares in ASX-listed telecommunications outfit Vocus slumped yesterday after the company denied reports that it might be planning a money raising exercise.... Read More
Apple Pay Boosts CommBank But Figures In Short Supply
Payments made by taping a mobile phone at the checkout have almost tripled since the Commonwealth Bank launched the Apple Pay service,... Read More
Amazon House Brands Are “Overblown” & Some Categories Fail To Impress
Following our story yesterday about Amazon private label pop ups, a new report has suggested that most Amazon branded products are flops... Read More
ALDI Unveils Nokia 5.1 For $199
ALDI Australia has continued to take on traditional retailers, with the unveiling of an unlocked Nokia 5.1 (16GB) for $199, as part... Read More
CHOICE Slams Kmart Over Super
Consumer advocacy group CHOICE – via the Superannuation Consumers’ Centre – has slammed Kmart Group Managing Director, Ian Bailey, over its superannuation deal... Read More
WA Confirms $136m Huawei Deal
The WA Labor Government has confirmed that it’s going ahead with a deal to pay controversial Chinese company Huawei $136 million to... Read More
ISP Outfit Fined $250K Over Misleading Net Access Packages
Internet services provider Internet Australian Private Networks, which trades as Activ8me, has copped a $250,000 fine for making false or misleading representations... Read More
Huawei Store: Why Are We Waiting?
Mystery still surrounds the opening date for the new Huawei storefront in the northern suburb of Chatswood. The store is stocked with... Read More
Amazon Using House Brand Pop Ups To Undercut Branded Products
Distributors and manufacturers who are being asked to sell their products on the Amazon marketplace are facing the real possibility that Amazon... Read More
BREAKING NEWS: 60 Big W Stores Tipped To Be Closed, Walmart Buy Rumour Quashed
Woolworths is tipped to be planning to close 60 Big W stores as the discount department store struggles to compete, despite increased... Read More
IKEA Confirm April Reveal of Sonos Speakers
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Kogan Trashes Toshiba TV Prices, Brand Was Once Exclusive At Harvey Norman
Serious questions are being asked after Kogan started ranging Toshiba TV’s which have traditionally been sold at Harvey Norman at what has... Read More
Google Slash Laptop & Tablet Teams
Google has reportedly scaled back the size of its laptop and tablet teams, fuelling rumours the tech giant is re-strategising its Pixel... Read More
Ex-B&O Play Country Manager Switches To Ecovacs
Ecovacs Robotics has announced that former premium audio sales director and country manager Karen Powell is the new Head of its Australian and... Read More
Kogan Take On Amazon + Ebay With New Marketplace
Melbourne-based online retailer Kogan.com is gearing up to take on eBay and Amazon with the launch of its new marketplace. The new... Read More
News Corp OZ Calls For Google To Break Up
News Corp Australia has called on the ACCC to break up Google, accusing the company of abusing its position citing market dominance... Read More
Sharp, Belkin & Dynabook Owner Seething Over Microsoft Legal Action
Foxconn Technology CEO billionaire Terry Gou is seething after Microsoft initiated legal action against his Company in an attempt to extract license... Read More
Apple Finally Confirms March Launch Event For Mag Subs & Movies Service
Finally, Apple has confirmed that they will hold a content launch event on March 25 (26th in Australia) set to be announced... Read More
Telstra Facing Major Industrial Unrest
Telstra whose share price is dithering is facing major industrial unrest with more than 5,000 staff set to walk off the job... Read More
Retailer Sued By Top Appliance Brand, Over House Brand Copy
Stanley Black & Decker has sued US retailer Sears who last month was fending off bancruptcy claiming they have launched a house... Read More
EXCLUSIVE: Costco To Launch Major E-Commerce Operation In Australia
Costco is set to unleash a major e commerce operation in Australia and one big advantage is they have buying power according... Read More
Geoff Matthews Buried, But ‘Something Happened On The Way To Heaven’
Geoff Matthews the former CEO of Convoy was buried today at a funeral attended by retailers, competitors and more than 100 former... Read More
JB Hi-Fi Extend Galaxy S10+ Pre-Orders Over “High Demand”
JB Hi-Fi has extended pre-orders of Samsung’s new Galaxy S10+ smartphone to March 15, citing “high demand.” Indicating top sellers, the extension... Read More
HTC Revenues Down 76% Year-On-Year
Embattled Taiwanese smartphone maker, HTC, has continued to report a drop in earnings, with February unaudited consolidated revenues slumping 76% year-on-year to... Read More
Oz Retailers Brace For Kaufland $459M Investment
Australian retailers are bracing for the entry of German supermarket giant, Kaufland, following reports it’s set to unleash an initial $459 million... Read More
Huawei Sues USA Over Illegal Power Abuse
Chinese telco giant, Huawei, is suing the US government for banning its equipment in federal networks, asserting it’s an abuse of power... Read More
January Retail Sales Disappoint
Australian retail sales have again missed forecasts, with ABS numbers reflecting a modest 0.1% lift [seasonally adjusted] in January, versus 0.3% expected... Read More
Facebook Hits Back At “Unprecedented” ACCC Report
Facebook has slammed the ACCC’s preliminary report, calling the regulator’s proposals for digital platforms “unprecedented” and warning they will not address digital... Read More
Sony Finally Admits To Smartphone Exit Senior Management Dumped
Sony Mobile management has finally admitted that they have been forced to quit the Australian smartphone market after we exclusively revealed in... Read More
Retail Trade Shrinks To Lowest Point Since 2012
Retail trade shrunk to its lowest point since 2012 in February as consumer spending continues to shrivel up, according to an industry... Read More