COMPANIES

Australian Stock Market Report - CLOSING - 09/09/2011

AFTERNOON REPORT (4.30pm AEST)The local share market has finished the trading week on a positive note, with the All Ordinaries Index (XAO) adding 7.6pts or 0.2pct to 4277.4 and the S&P/ASX 200 Index (XJO) firmer by 6.7pts or 0.2pct to 4194.7.

The 10 Most Influential Australians in IT

Recently, SmartCompany released its list of the 10 most influential people in Australian IT. The annual list judged the people in Australia's tech industry based on their involvement in the industry and their capacity to influence the sector beyond their own companies or organizations.Here are the 10 most influential IT people, according to SmartCompany.

Rio Tinto Gets New Water Deal in Pilbara for $292 M

Australian mining giant Rio Tinto got a new water deal in Pilbara. The company, which announced the deal Friday, secured the agreement in exchange for surrendering its entitlement from the Millstone aquifer.
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Demand for Android-based Apps On the Rise

Developers try to keep up with the demand for smartphones and apps based on Google Android operating system, by hiring new programmers and releasing updated versions of the software.

Droid Bionic vs. the iPhone 5: A Change of Heart

I was never the lazy student that gave "the dog ate my assignment" alibis. I wrote an article stating 1,000 reasons why Motorola's Droid Bionic would beat the iPhone 4. But that was in January, when Motorola touted a new device with amazing specs at a time when Nokia Oyj was still busy experimenting with the Meego, Samsung had yet to become a major player in mobile devices, and Apple's fifth generation iPhone was still months away.

Australia Stock Market Report - Closing - 09/08/2011

The local share market closed marginally higher today, although off earlier gains due to a disappointing jobs report. The All Ordinaries Index (XAO) gained 6.9pts or 0.2pct to close at 4269.8 after reaching a high of 4297.9 in early trade.

Woolworths Recalls Brownie Mix

Supermarket giant Woolworths is recalling packets of Macro Gluten Free Choc Brownie Mix 400g from Woolworths and Safeway supermarkets, and Thomas Dux stores across Australia due to the possible presence of milk - an undeclared allergen.

Japan’s New PM Noda Visits Fukushima Plant

With still no reprise from a harm's way, Japan's newly elected Prime Minister Yoshihiko Noda set foot on the devastated Fukushima Daiichi nuclear power plant to personally see the extent of the damage and massive efforts in decontaminating the areas plagued with high radiation.

Sweden's Saab Files For Voluntary Restructuring

Swedish Automobile N.V. (Swan) has announced that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) filed for voluntary reorganization with the District Court in Vänersborg, Sweden.

Samsung and Microsoft Partner for New Tablet

Samsung Electronics and Microsoft have teamed up to manufacture a new tablet computer with Microsoft's latest operating system, according to a report from the Korea Economic Daily.

Beijing Vows Stiff Penalties for Bohai Bay Oil Spills

Amidst the public apology issued on Wednesday by U.S. energy giant ConocoPhillips, over oil spills in Bohai Bay, Beijing has ordered a thorough investigation of the affected area to know the exact damage to the environment, reports said.

Digital Realty Acquires Melbourne Site

Global data centre provider Digital Realty Trust (NYSE: DLR) has nabbed 162 and 163 Radnor Drive, a 30,250 square meter development site, in Melbourne for a purchase price of approximately AU $4.1 million. This represents the second acquisition in Australia for Digital Realty Trust.

ConocoPhillips Issues An Apology to China Over Oil Spills

After a three-month long of oil spills in China’s Bohai Bay, Energy Giant ConocoPhillips has issued an apology to China and vowed to release funds to ameliorate the conditions of the affected environment, says a Reuters report.

Thinner and Lighter Battery for iPad 3?

New reports about the next generation iPad are claiming the iPad 3 will have thinner and lighter batteries that will have more a longer service life but will be 30 percent more expensive than those found in the current iPad 2.

Yahoo Fires CEO Carol Bartz

Yahoo Inc. has confirmed that it has fired CEO Carol Bartz and has named Tim Morse, Yahoo's chief financial officer as interim CEO. Several senior Yahoo executives were also named to the newly formed executive leadership council while the company searches for a permanent CEO.

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