Smart Office

Local Spam Slow In US Shadow

Australia and New Zealand are relatively clean when compared with the 12 top spam-relaying countries for the third quarter of 2007, according to research put together by IT security company, Sophos.

The United States was responsible for the more spam than any other country (28.4 per cent) with South Korea (5.2 per cent) and China/Hong Kong (4.9 per cent) following, according to the results which were collated from spam messages caught in the company’s own ‘spam traps’.

“Yet again the US relayed more spam than any other nation, accounting for a massive 28.4 percent – meaning that almost one in three of all the world’s spam emails is being sent through a compromised US computer,” said Sophos.

Australia and New Zealand sit in 37th (0.4 per cent) and 79th (0.1 per cent) place respectively, contributing to less than one per cent of the world’s spam.

“It seems as though a major American spammer is arrested every other week at the moment, but despite these high-profile lawbreakers being put away, the US continues to relay far more spam than any other nation on the planet,” said Sophos senior security consultant, Carole Theriault.

“This level of activity can’t be attributed solely to the slick operations of a few cash-hungry criminals. The problem is there are thousands of spammers using many thousands of compromised zombie computers in the US.

 

“The only way we’re going to reduce the problem is if US authorities invest a lot more in educating computer users of the dangers, while ensuring ISPs step up their monitoring efforts to identify these compromised machines as early as possible.”

The top twelve spam-relaying countries are:

1 United States    28.4%
2 South Korea    5.2%
3 China (inc.Hong Kong)    4.9%
4 Russia    4.4%
5 Brazil    3.7%
6 France    3.6%
7 Germany    3.4%
8 Turkey    3.2%
9 Poland    2.7%
10 United Kingdom    2.4%
11 Romania    2.3%
12 Mexico    1.9%

Others 33.9%

During August 2007 Sophos identified a series of large-scale malware attacks made via spam email, with weblinks inserted into spam messages that directed recipients to malicious websites designed to infect their PCs.

Investors Today Vote On Coles Buyout

Investors in Coles Group Limited will today vote on a proposal by chairman, Rick Allert, to enable Wesfarmers to acquire the Group under a Scheme of Arrangement which will see Coles Group shareholders receive cash for their shares, along with shares in the newly-converged Wesfarmers.

“Under the Scheme of Arrangement being put to you today, you will be entitled to receive as consideration for each Coles Group share: $4.00 cash; 0.14215 Wesfarmers’ Ordinary Shares; and 0.14215 Wesfarmers’ Partially Protected Shares,” said Allert.

Shareholders will also be entitled to receive the Coles Group fully franked final dividend of $0.25 per share.

According to Allert, an independent expert, Grant Samuel, concluded that the Wesfarmers’ proposal was in the best interests of Coles Group shareholders in the absence of a superior proposal.

Samuel pointed out that shareholders will have a 44 per cent economic interest in the Wesfarmers merged group; the Wesfarmers’ proposal was the outcome of an extensive worldwide sale process and was the only firm offer for all of Coles Group; and that continued ownership uncertainty was likely to be damaging for Coles Group, particularly its supermarkets.

 

The Coles Board is therefore today unanimously recommending that shareholders vote in favour of the Scheme of Arrangement for the following reasons:
 
– the Independent Expert has concluded that the Scheme is in the best interests of shareholders in the absence of a superior proposal
– the Scheme allows shareholders to retain exposure to potential operational upside in the Coles Group businesses, with Coles’ shareholders owning approximately 44 per cent of the combined Wesfarmers and Coles Group
– as a holder of Wesfarmers Partially Protected Shares shareholders will receive a level of downside protection on your shareholding in Wesfarmers
– shareholders will become a shareholder in Wesfarmers, a company that has a track record of strong financial and operational performance
– as a new Wesfarmers’ shareholder, investors should receive a significant dividend uplift
– many shareholders will be eligible to receive Capital Gains Tax roll-over relief on the share consideration component of the offer
– if the scheme does not proceed, the Coles Group share price is likely to fall

“We believe the process has secured for you, our shareholders, an acceptable and respectable outcome despite a number of complex challenges,” said Allert today.

 

“If the Scheme is approved by shareholders today, the Company will seek the final approval of the Supreme Court on Friday November 9, which, if granted, will also be the last day of trading of Coles Group shares.”

Allert’s speech follows a year of turmoil for the supermarket retailer which saw its Bi-Lo outlets rebranded to Coles in a “poorly executed Bi-Lo conversion program,” according to Allert.

“Regrettably, while great care was taken in preparing the financial forecasts we had given to the market, on 23 February, 2007 – to the justifiable disappointment of you, our shareholders – we were required to revise our earnings guidance for FY08 to take account of the anticipated impact on Group earnings of a lower sales base in Supermarkets.

“Our revised earnings guidance was for 2008 earnings to grow by approximately 20 percent, rather than the 30 percent we had forecast in September 2006.”

Radio Rentals Signs Dell & Targets Home Office

Radio Rentals, the company which loans appliances and consumer electronics devices such as TVs, washing machines and PCs, to hard-up customers is ramping up its offering with the addition of products from computer-giant Dell.

The deal follows yesterday’s announcement of strong financial results for the six months to 30 September 2007, which was largely due to positive sales of PCs and flat-screen TVs.


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Radio Rentals customers will now be able to borrow Dell computers and accessories.

The increased sales are the result of increased 36-month ‘Rent Try Buy’ contracts which accounted for 36 per cent of the company’s total installation rental income compared with 19 per cent for the same period in 2006.

According to the company’s financial report, its customer base rose 4 per cent in Sydney, Melbourne and Brisbane.

Radio Rentals is now expanding its PC offering to answer rising consumer demand for the units, it turn a result of increased PC penetration in Australian homes.

 

Dell, well-known for its online sales business which allows consumers to design a computer to suit their needs complete with software packages and peripherals for discounted prices, has been added to Radio Rental’s product portfolio.

“Dell is the world’s largest computer systems company and their high quality customer service and support of the rental customer base was a major factor in the decision to add them to the range,” said Radio Rentals managing director, John Hughes.

The Dell deal along with the increased Rent Try Buy contracts follow the re-installation of Hughes last year who then took the company public.

Radio Rentals also announced it will begin trialling a new business decision to offer short-term cash loans to hard-up customers for pressing medical and insurance needs.

Harveys To Build Biggest Ever Retail Centre

Harvey Norman is teaming with furniture retailing giant Ikea to build and anchor the largest homemaker store in the Southern Hemisphere – and 81,000 square metre development in Springvale, south-east Melbourne.

The $300 million development on the corner of Princes Highway and Westall Road will mark the first joint-venture between Harveys and Ikea – two of Australia’s most dominant retail presences.

Construction is planned for commencement in mid-2008, and should take two-and-a-half years to complete, Harveys says.

Up to 820 fulltime jobs will be created, which is expected to attract another 12 retailers at least to the site.

It has taken almost three-and-a-half years to receive planning approval for the centre.

Engin Sacks 29 Staff, Triple Play In Trouble

VoIP provider Engin has sacked 29 employees from its Frenchs Forest office in an effort to cut costs.

Two of the employees from the brand’s marketing team have been made redundant, including marketing manager Phil Dobbie and PR manager Will McIntyre, slashing at least two wages from its marketing budget.


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Engin went through a process of re-branding earlier this year, complete with a spruced-up marketing campaign including ads on buses.

The brand recently spruced up its marketing spend with a company re-branding which saw advertising placed in major metropolitan newspapers, online and on buses. The marketing team also put together a Facebook page for the brand’s new spokesperson – a blue, round cartoon-man called Engin.

Neither Engin nor its outsourced PR company will comment on the reason for the cost-cutting, besides distributing the following statement:

“Engin has realigned its workforce to better meet its objectives of achieving profitability in the short term. A small number of staff in marketing and management roles were made redundant as a result of this action, but core functions remain well staffed to achieve our goals,” said managing director at Howorth Communications, Graham White.

 

The publicly-listed company has not made an announcement to its shareholders regarding the cuts, which could mean no redundancies were made at executive level.

The company is currently indebted to Seven Network Group which bought a 33 per cent stake in Engin earlier this year and also financed Engin’s recent acquisition of wireless internet provider, Unwired.

On Friday Engin made an announcement that it has accepted an offer of $25.1 million by Network Investment Holdings to takeover all the ordinary shares in the Unwired Group held by Engin

It is possible that Engin could have re-sold Unwired because it couldn’t afford its debt of $21.1 million to the Seven Network.
The brand was on the cusp of launching a three-pronged business plan including VoIP, internet access and TiVO pay TV boxes.

Wow Sight & Sound Kicks On With Broncos

Queensland-based electrical retailer Wow Sight & Sound will gain a whole lot of publicity in the sporting field over the next three years after signing over their name as the naming rights sponsor of the Brisbane Broncos NRL team.

The club will now be known as the Wow Brisbane Broncos – Wow had to end its contract with long-time supporter Ergon Energy.

The NRL team will begin gearing for the 2008 competition tomorrow morning, when pre-season training begins, meaning Wow will gain much-needed publicity in the crucial lead-up to the Christmas sales season.

The Wow logo will now adorn both the sleeves and front of the Broncos’ playing jersey, as well as dominate the training apparel.

Wow Sight & Sound managing director, Sam Savvas, said he is proud to become the principal sponsor of the most successful NRL team of the past 20 years.

 

“The Broncos have always ‘wowed’ their fans with their amazing displays of athleticism on the field, so it is only fitting they should take the title of Wow Brisbane Broncos,” said Savvas.

“Our shared energy, passion and excitement make this an ideal partnership between one of the best rugby league clubs in the world and Australia’s most exciting electronics retailer.

“We are thrilled to be the Broncos’ naming rights sponsor and look forward to a successful three years together.”

Brisbane-based Wow has 12 electronics superstores across Queensland, NSW and the Northern Territory, with plans to nearly double their store number in the next 12 months.

“With our expansion plans rapidly taking shape, it is the perfect way for us to connect with potential customers while getting the satisfaction of supporting one of Australia’s sporting icons,” said Savvas.

An Easy Way To Begin Online Trading

A new website launching today makes history with a new concept that allows users to view an aggregated list of offers advertised in traditional retail catalogues, along with press placements advertising sales and discounted goods, allowing them to find a desired product at the best possible price.

Content Aggregation Key To Faster Broadband

A leading business application service provider has warned that Australia needs to aggregate its websites if it hopes to be able to keep its broadband infrastructure working to expectations.Building an online infrastructure that groups together content – such as MySpace with music and YouTube for video – is paramount for the new government if it hopes to compete in the worldwide internet economy, says the provider.

Hostworks, an Australian service provider for large corporations such as Network Ten, Seek and Ticketek, says that while the majority of internet content accessed by Australians comes from overseas, we need to start building a local structure that better manages websites and content.

“The critical issue is not how fast [broadband] goes into people’s houses: It is how fast it runs across the country and the speed of backbone data links for commercial service providers like Hostworks,” said Hostworks managing director, Marty Gauvin.

“This year, I spent three months trying to get a 10-gigabit data link from either Telstra or Optus. They’d say ‘sure you can have it’, but when I asked for a price, they’d say, ‘it’s not quite ready yet’.

 

“As a nation, we need to think about broadband more comprehensively than just the end points. If the incoming Government succeeds in fulfilling its broadband vision, it will create a massive online gridlock.”

According to Gauvin, we don’t have a backbone locally to handle the capacity of broadband content demand in the future.
Gauvin’s warning follows a recent OECD report which shows that Australia’s broadband performance is improving – and Australia is rated fourth among developed countries in per capita broadband take-up at June 2007.

“If Australia wants to succeed internationally as the online economy evolves, we need to start thinking much more innovatively. As well as building the infrastructure to support the online population we want, we need strategies to aggregate our online content to make it much more accessible and compelling,” said Gauvin.

“The new government has an opportunity here to demonstrate real leadership.

“On the other hand, we are at the balance point: Australia’s ability to produce a content industry that is internationally effective is quite good at the moment. That said, this potential is being seriously hampered because we can’t get the bytes out there fast enough.”

LG Markets With Cricket and Gaming

LG has created a free online cricket game for consumers in a bid to raise brand awareness in the lead-up to the popular cricket season.

Users need to register on ‘Fantasy Cricket’ website www.lgfantasy.com.au to play – simply registering will put players in the draw the win either an LG Digital Entertainment System Package or an LG 42-inch plasma TV.

The game was developed in partnership with game specialists, SilentManager, and will run alongside LG’s latest HD TV marketing campaign which includes print and TV ads with a cricket theme.

The game allows players to choose their ultimate dream team of players and challenge their friends via the web in a private mini-league.

The game website is linked to LG’s Australian website and is a means to gain traffic and awareness.

“The LG Fantasy Cricket game is great way to drive consumers to the LG website. It will keep them coming back over a period of time and give them a reason to tell their friends and colleagues about our site. We are conscious that these types of mechanics are a great way to attract customers and functions as a unique platform to communicate with the public,” said LG Australia webmaster, Andy Cho.

 

LG is one of the first brands within Australia to use this sort of marketing campaign, it says.

“Dream Team sport games have proved to be a huge success in Europe and North America. Given the immense popularity of cricket amongst Australians, LG Fantasy Cricket will certainly draw new customers to the LG site,” said SilentManager managing director, Jon Trigg.

Dream Team games, otherwise known as fantasy games, have over 20 million consumers playing globally, with the most successful games in Australia attracting in excess of 180,000 registered users, said LG.