COMPANIES

HP Stuns Industry, Keeps PC & Tablet Business

In a stunning reversal of its August decision to spin off its PC division, HP will keep its stake in the personal computer business. The hardware giant had announced that it would kill of its smartphone and tablet products and would consider splitting the company in two. This idea was definitively scrapped when HP announced in a press release that it would keep its $40 billion its Personal Systems Group or PSG.
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Desal Plant Builder to Pay $1.6 Million Per Day Due to Delays

Victoria's water minister said the project manager of the desalination plant under construction in Wonthaggi will have to pay $1.6 million fine for each day of delay in finishing the project after the June 30 deadline.

Nokia’s Asha: The Smartphone for the Next Billion

While the biggest news out of Nokia World is the announcement of Nokia's first Windows Phone, the mobile phone company also unveiled a new line that is aimed at emerging markets such as India and Africa.

Australia’s Leighton Confirms $600-$650M in Profits

Leighton Holdings (ASX: LEI) has confirmed the previously provided guidance for the 12 months to 30 June 2012 for an after tax profit of between $600-650 million after completing a detailed forecasting review across all of its operating companies.

Google Voice Search: Going Where no Voice Search has Gone Before

Apple's Siri may be the new media darling these days but that doesn't mean that Google's Voice Search is going to stand being ignored. Google uploaded a pair of new videos to its YouTube channel that show two Australian engineers pushing the limits of Google's Voice Search.

Has Australian Coal Reached Its Zenith?

Speculations are abuzz that Australia's coal market is nearing its zenith, what with the latest intent of Australian coal miner New Hope Corp. wanting to be bought out in the tune of $5 billion.

Apple's TV Project: Fact or Fiction?

Rumors about Apple's secret TV project have been circulating for months but after a few remarks by Jobs to Walter Isaacson in his bio "Steve Jobs", the rumors are steadily growing to become a fact.

Windows XP: Ten Years Later and it Still Lives On

Back in October 25, 2001, Windows released its new operating system, Windows XP to lukewarm response from consumers. Despite initial resistance from consumers, Windows XP stands above other PC operating systems as the longest and most popular OS to date.

Steve Jobs Bio: Can and Will Apple Fulfill Plan to Kill Android?

"I will spend my last dying breath if I need to, and I will spend every penny of Apple's $40 billion in the bank, to right this wrong," Steve Jobs told biographer Walter Isaacson. "I'm going to destroy Android because it's a stolen product. I'm willing to go to thermonuclear war on this. They are scared to death because they know they are guilty."

Intel Sets Ultrabook-MacBook Price Showdown

Intel is working with suppliers and manufacturers to bring down production cost for ultrabooks and make the price of the thin and light notebooks lower than Apple's MacBooks and various tablet PCs.

Nokia Set to Unleash Windows Handset This Week

Millions of mobile phone owners pampered for years by numerous Nokia model handsets could soon expect the release of new smartphones from the Finnish firm powered by Microsoft’s mobile platform, reports said.

Apple TV Development will be led by iTunes Creator

Jeff Robbin, the man who worked on Apple's iconic iPod and changed the music industry with Apple's online music store and player iTunes, is now in charge of developing Apple's integrated television set.

AusGroup to Build $22M Rio Tinto Iron Ore Plant

AusGroup announced Tuesday its construction, integrated services and fabrication company AGC Industries has been chosen to construct a low grade pilot plant at the Rio Tinto-operated Brockman 4 mine site located in the Pilbara region, Western Australia.

Steve Jobs Bio Offers Rare Insight in the Life of a Genius

Walter Isaacson's biography on the late Apple co-founder Steve Jobs is an unstinting view of what many claim to be the visionary of our age. "Steve Jobs" is a rare view of a deeply private man who inspired other and drove Apple to change the world.

Aussie Soft Drink Industry Disputes Link to Aggression

The Australian Beverages Council, representing the Australian non-alcoholic beverage industry, has criticised the recent US study attempting to link increased soda consumption with violence.

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