BUSINESS

Samsung: iPad2, a Space Odyssey Copycat

Samsung accuses Apple of copying its tablet design from the 1968 film “2001: A Space Odyssey.” The Korean company states that Director Stanley Kubrick designed the iPad2, not Apple.

Australian Stock Market Report - Morning 08/25/2011

US durable goods orders rose by 4.0pct in July, well ahead of forecasts for 2.0pct gain. Excluding transport, orders were up for the third straight month, rising by 0.7pct. And US home prices rose by 0.9pct in June after a 0.4pct lift in May according to the Federal Housing Finance Agency.

Daily Forex Forecast 08/25/2011

A move away from riskier assets yesterday meant that the Australian Dollar was unlikely to keep recent highs above 1.0500.

Global Markets Overview 08/25/2011

U.S. stocks notched a third straight day of gains Wednesday as an upbeat durable goods report set a positive tone while investors await Federal Reserve Chairman Ben Bernanke's highly anticipated speech later this week.
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BHP Super Profit Calls for Urgent Resource Rent Tax

BHP Billiton’s annoucement of the biggest profit in Australian corporate history demonstrates the urgent need for a resource rent tax, the Construction, Forestry, Mining and Energy Union (CFMEU) said today. The world's largest miner produced a net profit of $22.5 billion for the 12 months to June 30.

Union Urges Qantas to Reveal Job Cut Figures

It is time for Qantas to come clean on how many jobs in the Qantas group will be offshored, a union said today after the Flying Kangaroo has announced a profit for the 18th consecutive year since its merger with Australian Airlines.

Lenovo ThinkPad now Available for Pre-Order

Just days after the iPad knocked out one of its competitors in the tablet market another arises to take its place. Lenovo has announced that its ThinkPad is now available online for pre-orders.

Survey: iPhone Makes You Look Sexy

New research has revealed your phone can actually make you sexier. A survey by social dating community Zoosk.com shows 46 per cent of males and 63 per cent of females rate the Apple iPhone the sexiest model.

Floods Submerge Suncorp Profits

Suncorp has seen its profits hit hard by the impact of natural disasters, but has claimed bad debts as a result of the disasters have not caused significant losses.

Qantas: We Are Doing Fine Despite Stock Slide

Despite its falling stock price, national carrier Qantas Airways posted Wednesday a full-year net income of $250 million, and executives said it is a natural target for acquisition.

BIS Shrapnel Sees Solid Oz Retail Property Returns

- Slowest rate of retail turnover growth will not remain in place forever, argues BIS Shrapnel- New report suggests solid returns should be achieved despite touch conditions- Improvement in consumer spending to help boost returnsBy Chris ShawThe current economic environment has resulted in the slowe...

Global Markets Overview 08/24/2011

U.S. stocks surged Tuesday as another dose of bleak economic data raised hopes that the Federal Reserve will take additional measures to stimulate the economy.

New Look of TheHomepage.com.au Sets New Record Views

TheHomepage.com.au is reporting a jump in customer engagement since launching a new feature in July that positions video as the ‘hero’ in all listings — replacing still photography as the first thing a visitor sees.

Aliens, iPhone 5 and HP TouchPad: A Race for World Domination

Even before E.T. and his friends return, some entities already here on earth are set for world domination. After Hewlett-Packard announced that it will be giving up the tablet business (notwithstanding that it has yet to recover anything from the $1.2 billion it paid to buy Palm Inc's WebOS last year), HP TouchPad's prices were slashed from $399 to $99 per unit. Immediately, demand for the tablet skyrocketed.

Web Site Offers $1,500 for a HP TouchPad Android Port

With the HP TouchPad selling for only $100 this weekend enterprising modders are looking to import Google's Android OS to replace the TouchPad's less than stellar WebOS. HacknMod is holding a contest that offers $1500 for any techie who can get Android on the HP Tablet.

Companies still Liable for Workers from Home

A recent landmark legal case in which a Telstra employee successfully claimed compensation for injuries suffered while working from home has raised some serious concerns for employers who offer similar flexible working arrangements.

Australia's Banks: Switching Widespread; Reforms Needed

The Australian Bankers' Association has claimed there are already high levels of switching between financial institutions, but has committed the banking industry to working with the government to ease switching following the release of proposed legislative reforms.

Horrible Bosses not just in Hollywood

It may be the title of the latest Hollywood-blockbuster comedy, but having a horrible boss is the norm for many people in reality - and a real threat to employee retention, according to a recent survey.

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