When Thorsten Heins stepped in for departing co-founders Jim Balsillie and Mike Lazaridis as Research in Motion's new CEO, he faced the uphill task of rejuvenating a company that has been on a steady downward slide. Now with RIM posting a dismal performance last quarter Heins announced a strategic overhaul and the possibility of a future sale of the company.
Immediately after launch of the new iPad, the iPhone Dev Team and other hackers have already announced they have they have discovered multiple ways to jailbreak the third generation iPad.
There'll be no more unpaid overtime work on Foxconn facilities in China in the coming months, according to Fair Labor Association (FLA), which has been commissioned by Apple to conduct audits on its partner Chinese assemblers.
Hardware chain Bunnings Warehouse announced on Friday that it would create 6,000 jobs in Australia over the next three years as part of its $1.5-billion expansion plan. That would involve the setting up of 85 new stores across the country which would also create more than 11,500 construction jobs.
Through its takeover of Anvil Mining, Minmetal Resources of China said on Friday that it would use its recently acquired assets to acquire mines in southern Africa.
By Aaron Tornell and Frank Westermann"Should the inflation outlook worsen, we would immediately take preventive steps".
By Peter Switzer, Switzer Super ReportAt a time when luminaries, such as the Future Fund's ex-chairman David Murray and ex-Treasury boss Ken Henry, have warned Aussie investors and super funds about holding too many shares, the question is, is this a good sign that we should be buying?To buy or...
Leighton Holdings has confirmed what more and more investors have been suspecting, that it is a wealth destroyer, not a creator and that if they are really brutal, its time as a listed company in Australia is now looking limited.
By Greg PeelThe Dow closed up 19 points or 0.2% while the S&P closed down 0.2% to 1403 and the Nasdaq lost 0.
After reaching a 2012 high yesterday, the local share market pulled back a little today, following falls in offshore markets and due to a lack of guidance in the form of economic data. The All Ordinaries Index (XAO) closed down 9.5pts or 0.2pct to 4422 while the S&P/ASX 200 Index (XJO) lost 5.6pts or 0.1pct to 4337.9.
Five million units of Samsung Galaxy Note have been shipped since its October debut in 2011, South Korea's Samsung said on Wednesday, marking a significant milestone for a device that the tech world greeted with mixed reactions.
Let's begin the day looking at Bank of Queensland's (ASX:BOQ) $91 million first-half loss.
Last year, I was at a dinner with a bunch of fertilizer analysts from Wall Street and Toronto.
Pay off a credit card, take a vacation, open a Roth IRA and more.
One of the great things about markets is how they are always changing. They never cease to surprise. But the market, as sly as it is, sometimes tips its hand.
Fresh accusations of wrongdoings further deepened the existing woes of global media firm News Corporation, which has yet to put behind the hacking scandals that led to the closure of its major daily in the United Kingdom.
The Canadian miner, Crocodile Gold, just purchased two Australian mines from another Canadian firm, AuRico Gold. It bought the Fosterville and Stawell mines in Victoria for $101 million.
China assailed Australia's decision this week of banning a major Chinese firm from participating into the $36-billion roll out of the national broadband network (NBN), labelling the move as discriminatory and unfair trade practices.
By 2030, Australia would have a population of over six million people. That would need another 2.7 million more homes, 125,000 retirement facilities and 24,000 additional hospital beds.
The Reserve Bank has given the Australian financial system and banks a tick of good health in its first Stability Review of 2012.
Tech giant Apple (NASDAQ: AAPL) is giving back Aussies’ money as iPad 3’s 4G feature is not applicable in the country.
The Australian market sparked yesterday for a second day in a row, despite a down day on Wall Street Tuesday night and weakness in other Asian markets.
Shares in the Bank of Queensland relisted yesterday after the first stage of a $450 million capital raising, and contrary to previous belief, the damage to the share prices wasn't too heavy.
While many Australian businesses would want to gain greater access to ecommerce through mobile devices, many of these firms lack the knowledge and infrastructure to reach their target market.
By Greg PeelBy late 2011 Europe had endured two years of financial uncertainty and fear over Greek sovereign debt and general zone-wide contagion.
In Australia, population data is released together with job vacancies and the Financial Accounts. In the US, weekly jobless claims data is released together with revised GDP figures.
U.S. stocks were dragged lower as commodities tumbled and investors considered disappointing U.S. and European economic data and weakness in overseas markets.
By Greg PeelThe Dow fell 71 points or 0.5% while the S&P lost 0.5% to 1405 and the Nasdaq dropped 0.5%.
The Australian Competition and Consumer Commission (ACCC) recently made a legal move against Apple regarding the false claims of their new iPad. In response to this, Apple announced that they would offer refunds for people who were affected by this issue.
Recent news reports are claiming that the Android 4.0 or Android ICS (Ice Cream Sandwich) update for the Samsung Galaxy S II will be pushing through for the month of March. Unfortunately, these news reports are false and many Samsung Galaxy S II users are now becoming frustrated regarding the availability of Android ICS in their devices.
