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Nine Exits Online News Venture

Nine Entertainment has quit its 50 percent stake in Daily Mail Australia, an online tabloid launched two years ago.

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Thodey Banks A Cool $14 Million

Former Telstra CEO David Thodey pocketed $14.5 million in his last year in the job, a rise of $1.7 million, the Telstra results show.

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Cop That, Visa: Oz Court Imposes $18 Million Penalty

Australia's Federal Court has ordered Visa Worldwide to pay an $18 million fine for having engaged in anti-competitive conduct, in proceedings brought by the Australian Competition and Consumer Commission. It...

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Tech Firms Set To Vanish: IDC

SAN FRANCISCO - Changes in the technology sector are moving so quickly, research firm IDC says, that by 2020 more than 30 percent of today's tech suppliers will not exist...

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Bevan Slattery Punts $10m On Major US Megaport Invasion

Serial entrepreneur Bevan Slattery says he will invest $10 million to up stumps and hang a new shingle in San Francisco for his network virtualisation company Megaport.

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Samsung Fast-tracks $5bn Profit

SEOUL - Samsung Electronics says it expects its operating profit for the January-March quarter to be between 5.6 trillion won (around A$4.8 billion) and 6 trillion won, a company record

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Research Giants Reveal Huge Drop In PC Shipments

The two biggest market research companies have each reported that personal computer shipments during the first quarter of 2016 fell dramatically. Both Gartner and IDC estimated sharp declines in Q1...

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HP Knew We Were Dodgy: Lynch

The founder of UK company Autonomy, Mike Lynch, has told a British court that Hewlett-Packard was made aware of dodgy practices at hardware maker before it bought the company for...

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NBN Satellites Set To Fly

NBN says it will launch the first of its long-awaited two new satellites into orbit in October, with Comms Minister Malcolm Turnbull describing the announcement as a "game changer".

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Put Down That Phone: Canberra Sees $18bn Gain In Digi-Comms

Comms Minister Malcolm Turnbull has used a report commissioned from Adobe and Deloitte to launch a push for most communications between Australian citizens and the Federal Government to be made...

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