Information Technology

Amazon buys streaming start-up Elemental

by AAP
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Reports estimate Amazon paid $US500m for broadcast reformatting service.

Tech giants to pay $US415m in IR class action

by AP
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Apple, Google, Intel and Adobe settle allegations brought by 64,000 tech workers.

Google refines logo ahead of Alphabet

by AFP
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Move marks greatest redesign since exclamation mark dropped in 1999.

NBN will be a bonanza for the Government

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When the Government goes to sell NBN in the next few years, it will be a monopoly network provider with a steadily growing annuity income stream.

MYOB urges innovation focus

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Recently listed accounting software firm says transition to solely cloud-based solutions will be customer led.

MYOB widens H1 loss

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Accounting software provider sees lift in pro forma H1 earnings, exceeds cloud subscription growth expectations.

Alibaba shares fall below IPO price

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E-commerce giant dealt a hard blow by Chinese sharemarket volatility.

Bligh ministers in court over payroll debacle

by AAP
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Former ministers say overriding concern was ensuring people were paid, not suing contractor IBM.

Turnbull defends NBN satellite service

by AAP
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Communications Minister says program will give better service than dtiched high-speed internet cable.

NBN faces cost blow out

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National Broadband Network company doubles revenues despite net loss of $2 billion.

EU deepens antitrust investigation into Google's practices

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Signs formal charges against US tech company could be expanded.

iiNet lifts FY profit

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ISP books rise in profit, revenue ahead of sale to TPG.

Hewlett-Packard profit slides 13%

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Computer giant sees profit fall as it misses quarterly revenue expectations.

Apple bond issue to raise up to $5bn

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Apple launches highly anticipated entry into Australian corporate bond market.

Iress profits hit by BBY failure

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Financial software developer trims growth outlook, as H1 profit declines 5%.

ACCC approves TPG, iiNet deal

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Consumer watchdog will not oppose $1.6bn tie up of iiNet and TPG Telecom.

Webjet FY profit drops

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Group says it has a strong balance sheet which provides opportunities for further acquisitions.

Seek shares hit 18-month low

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Group warns of slower growth in earnings and revenue in fiscal 2016, lifts FY dividend by 20%.

China's transition to innovation hub

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China is no longer simply copying the technology and business models of leading international technology firms but is actively leading innovation in some key areas.

Labor ponders NBN name change

by AAP
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Party caucus hears Labor scheme needs more differentiation from Coalition rollout.

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