News

• 

  Foxtel finalises Austar takeover

  Foxtel has completed its $2 billion takeover of regional counterpart Austar and says pricing and billing procedures will not change for customers of either service.

  By AAP | 25 May, 2012 10:09

  Tags: takeover, Richard Freudenstein, foxtel, business, Austar

• HTC announces Titan 4G

  Telstra has announced the release of the first 4G Windows Phone in Australia, the Titan 4G.

  By Ross Catanzariti | 24 May, 2012 10:21

  Tags: Telstra 4G, Telstra, mobile phones, htc, business

• 

  Apple's Cook 'top-paid US CEO in 2011'

  Apple chief executive, Tim Cook, topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $US300 million ($A305.95 million) above his next rival, a Wall Street Journal survey shows.

  By AAP | 22 May, 2012 09:18

  Tags: tim cook, business, Apple

• 

  Judge scolds lawyers in Oracle v Google

  The judge presiding over a patent trial pitting Oracle against Google has scolded rival lawyers as deliberating jurors grappled with subtleties of references in computer software code.

  By AAP | 22 May, 2012 09:09

  Tags: US District Court, oracle, Judge William Alsup, Google, court case, business

• 

  Facebook shares sink below IPO price

  Facebook shares plunged nearly 11 per cent on Monday during the stock's first full day of trade as the enthusiasm from a massive public offering for the social network giant turned to scepticism.

  By AAP | 22 May, 2012 09:01

  Tags: social networking, social media, IPOs, Facebook, business

• 

  Yahoo to sell 40% stake in Alibaba

  Struggling internet company Yahoo Inc has agreed to sell half of its 40 per cent stake in Chinese e-commerce group Alibaba for about $US7.1 billion ($A7.24 billion).

  By AAP | 21 May, 2012 13:49

  Tags: Yahoo, business, alibaba

• 

  Yahoo! nears deal to sell Alibaba stake

  Yahoo! may finally be nearing a deal to sell a part of its prized stake in the major Chinese e-commerce provider, Alibaba.

  By AAP | 21 May, 2012 09:47

  Tags: Yahoo!, business, alibaba

• 

  HP poised to cut up to 30,000 jobs

  Hewlett-Packard is reportedly poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.

  By AAP | 18 May, 2012 09:13

  Tags: tablets, job cuts, HP, computers, business

• 

  Facebook buys mobile discovery startup

  Mere weeks from a multi-billion-dollar debut on the stock market, Facebook has ramped up its focus on mobile lifestyles with the purchase of "social discovery" start-up Glancee.

  By AAP | 08 May, 2012 11:37

  Tags: startups, social networking, mobility, Glancee, Facebook, business

• 

  Electronics price war hurts Harvey Norman

  Aggressive discounting on electrical goods is being blamed for sending struggling retailer Harvey Norman's profits tumbling.

  By AAP | 04 May, 2012 09:21

  Tags: Harvey Norman, Chris Mentis, business

• 

  Optus job cuts may affect services: Union

  Plans to slash 750 jobs at Optus will result in poorer customer service and could lead to jobs being sent offshore, the communications union has warned.

  By AAP | 03 May, 2012 07:37

  Tags: business, job cuts, optus, telcos

• 

  Germany bans local Microsoft sales

  A German court has ruled that US internet giant Microsoft can no longer sell its products locally because it infringes patents held by US communications firm Motorola Mobility.

  By AAP | 03 May, 2012 07:29

  Tags: business, germany, Microsoft, Motorola

• 

  Facebook IPO set for May 18

  Facebook is expected to go public on May 18 in one of the most highly anticipated initial public offerings since Google in 2004.

  By AAP | 02 May, 2012 14:28

  Tags: business, Facebook, IPOs, social media, social networking

• 

  Cloud to add $3b to Aus economy: KPMG

  A new report by accounting firm KPMG takes a look at the Cloud in Australia and estimates more than $3 billion could be added to the nation’s annual gross domestic product (GDP) in 10 years, as well as drive growth of start-ups and small businesses.

  By Diana Nguyen | 02 May, 2012 12:50

  Tags: business, cloud, cloud computing, kpmg, Senator Stephen Conroy

• 

  Apple 'avoids billions in global taxes'

  Gadget giant Apple is avoiding billions of dollars in taxes by setting up small offices around the world to collect and invest the company's profits, The New York Times has reported.

  By AAP | 01 May, 2012 09:02

  Tags: Apple, business, taxes