Finance

Becta dismisses accusations of wasted millions 
By Andrew Charlesworth | Dec 20, 2006 | Comment Now 
The British Education and Communications Agency (Becta), tasked by the government with organising IT in schools, has dismissed an independent report claiming that over £200m of ...
 
Supply Chain’s global view 
By Lilia Guan | Dec 13, 2006 | Comment Now 
Australian firm Supply Chain Consulting has acquired global supply chain vendor Viewlocity for a bigger presence in United States, Europe and North Asia, for an undisclosed sum.
 
Olympics to boost China online travel bookings 
By Simon Burns | Dec 6, 2006 | Comment Now 
But switch to e-tickets causes confusion.
 
Christmas shoppers hammer small websites 
By Clement James | Dec 4, 2006 | Comment Now 
Small businesses in the UK may be missing out on their share of the estimated £5bn online Christmas spend because they are unable to cope with the massive surges in website ...
 
Data#3 preliminary profit outlook rosy 
Nov 10, 2006 | Comment Now 
IT services outfit Data#3 is projecting a healthy outlook for its full year financial performance. The company expects to exceed the record result it achieved in the 05/06 ...
 
Samsung told to reform corporate structure 
By Simon Burns | Nov 7, 2006 | Comment Now 
Korean regulators want to unravel US$60 billion 'corporate Web'.
 
Zango fined US$3m for illegal adware installations 
By Tom Sanders | Nov 6, 2006 | Comment Now 
Teh US FTC sets new rules for adware downloads.
 
Reuters offloads Factiva stake to Dow Jones 
By Bobby Pickering | Oct 20, 2006 | Comment Now 
News aggregator plans to develop services for financial community.
 
Credit card firms block AllofMP3 payments 
By Bobby Pickering | Oct 20, 2006 | Comment Now 
Visa and MasterCard suspend facilities for Russian download site.
 
PayPal adds support for 10 more currencies 
By Robert Jaques | Oct 16, 2006 | Comment Now 
Money makes the world go round.
 
Bulletin board libel leads to US$11.3m damages 
By Bobby Pickering | Oct 13, 2006 | Comment Now 
A court in Florida has awarded US$11.3m in damages and costs to a woman who suffered a campaign of abusive harassment on an online bulletin board.
 
Europe catching up on R&D spending 
By Andrew Charlesworth | Oct 9, 2006 | Comment Now 
Car-makers, pharmaceuticals and tech companies splash out.
 
EBay leads the pack for shopping searches 
By Will Head | Oct 3, 2006 | Comment Now 
Consumers on the hunt for bargains.
 
HP extends Mercury share tender offer 
By Clement James | Oct 3, 2006 | Comment Now 
Tender offer extended until 13 October.
 
Craig's List dominates online classified advertising 
By Will Head | Sep 6, 2006 | Comment Now 
Sector increases by almost 50 per cent year on year.
 
RuleBurst profits on the rise 
By Tim Lohman | Sep 5, 2006 | Comment Now 
RuleBurst has continued to grow in profitability reaching a profit $3.8m from revenues of $7.3m to the year to 31 June 2006.
 
Sony burns quarter of year's profit in battery recall 
By Simon Burns | Aug 30, 2006 | Comment Now 
Six million batteries at risk will cost up to US$265m to replace.
 
Technology One’s revenue hits a high 
By Lilia Guan | Aug 25, 2006 | Comment Now 
ASX-listed software developer Technology One Limited announced a record full year net profit after tax of US$12.3m, an increase of 16 percent over the prior year.
 
Tower Software revenues up 25% 
Aug 23, 2006 | Comment Now 
Australian developer Tower Software has recorded 25 percent revenue growth for the year to June 30.
 
BCN in the hands of administrators 
By Lilia Guan | Aug 14, 2006 | Comment Now 
BCN is now in the hands of administrators, with the former distribution company owing more than $4 million to creditors.
 
Cellnet’s profit drops, restructure to blame 
Aug 3, 2006 | Comment Now 
Distributor, Cellnet’s net profit after tax dropped 76 per cent drop to $1.6 million for the year to 30 June, according to a preliminary end of year report.
 
Microsoft sees 4Q profit drop but raises outlook 
By Reuters | Jul 21, 2006 | Comment Now 
Microsoft on Thursday posted a 23.5 percent drop in earnings for its fiscal 2006 fourth quarter, but the software giant raised its outlook for its current fiscal year, with ...
 
AMD posts higher quarterly profit 
By Reuters | Jul 21, 2006 | Comment Now 
Advanced Micro Devices reported a second-quarter earnings gain, taking more market share from bigger rival Intel..
 
UK e-shoppers take worldwide lead 
By Phil Muncaster | Jul 11, 2006 | Comment Now 
Online shoppers in the UK will each spend nearly £1,700 a year online by2011, according to analysts’ forecasts.
 
Web rage turns shoppers back to the high street 
By Dave Friedlos | Jul 10, 2006 | Comment Now 
Online retailers get two chances before customers are lost, research claims.
 
Apple sued over stock option awards 
By Matt Chapman | Jul 10, 2006 | Comment Now 
Two separate cases brought in the US.
 
Auction sites feed market for stolen goods 
By Matt Chapman | Jul 10, 2006 | Comment Now 
Mobile phones top the list of 'second-hand' items.
 
Growing web rage experienced by online shoppers 
By Dinah Greek | Jul 7, 2006 | Comment Now 
UK consumers from the north of England and Scotland are most likely to be prone to 'web rage' when shopping online.
 
Japan's taxman hammers Sony and Mitsubishi 
By Nicholas Neveling | Jul 6, 2006 | Comment Now 
Japanese multinationals forced to pay billions of yen in extra taxes.
 
DIMA and AEC extends CSC's contract 
Jul 3, 2006 | Comment Now 
The Federal Department of Immigration and Multicultural Affairs (DIMA) and the Australian Electoral Commission (AEC) have extended their contracts with Computer Sciences ...
 
Sharp accused of failing to declare 800m yen 
By Matt Chapman | Jul 3, 2006 | Comment Now 
The tax authorities in Japan have accused Sharp of not declaring ¥800m (£3.8m) in income.
 
Data #3 earnings up 38 percent 
By Byron Connolly | Jun 29, 2006 | Comment Now 
National integrator Data #3 said it expected earnings (EBIT) of $7.6m for its year ending June 30, up 38 percent from a year earlier.
 
Money flows in for eMove.com.au 
Apr 19, 2006 | Comment Now 
The co-founders of RSVP.com have helped to raise around one million dollars in capital for Australian website eMove.
 
Commander takeover reaches 90 percent share mark  
Apr 19, 2006 | Comment Now 
Having gained 90.99 percent of Volante Group’s shares, Commander has reported that its takeover of the systems integrator is almost complete.
 
IBA Health wins healthy Malaysian Government deal 
By Lilia Guan | Mar 20, 2006 | Comment Now 
ASX-listed IBA Health has been selected by the Malaysian Government, as part of a consortium, to supply and implement a total hospital information solution for Malaysia ...
 
Access Providers records loss despite revenues up 
By Lilia Guan | Mar 17, 2006 | Comment Now 
ASX-listed wireless telecommunications company Access Providers has announced total revenues of $4 million for the half year ending 31st December 2005, a 122 percent year on ...
 
Volante half year profit dips 
Mar 15, 2006 | Comment Now 
Volante Group has recorded a massive drop in profit after tax for its half year ending December 31.
 
Destra records rising revenue 
Mar 14, 2006 | Comment Now 
ASX-listed Destra has announced its half year results to December 05, recording revenues of $12.1m, up 73 percent from the same period last year.
 
Volante board accepts Commander offer 
By Byron Connolly | Mar 6, 2006 | Comment Now 
Volante directors have unanimously recommended shareholders accept an increased offer from Commander, bringing an almost certain end to the long-running war of words between ...
 
ComputerCORP sold as Hugh Smith retires 
By Byron Connolly | Mar 6, 2006 | Comment Now 
ComputerCorp CEO Hugh Smith has sold the business he founded in 1987 and is set to retire.
 
Commander further extends Volante share offer 
Mar 3, 2006 | Comment Now 
Commander has again extended its offer for Volante’s shares, pushing the deadline back close to another month.
 
ASX thwarts Commander's pressure on Volante 
Mar 2, 2006 | Comment Now 
The ASX’s Takeovers Panel has knocked back Commander’s application to force Volante to cough up additional details on its contracts.
 
WebCentral revenues up 
Feb 14, 2006 | Comment Now 
Web and application hosting services have continued to underlie revenue growth for ASX-listed WebCentral Group.
 
Volante hits back at Commander bid 
By Tim Lohman | Jan 12, 2006 | Comment Now 
Volante has slammed Commander’s offer of a $1.01 a share as “absurdly low.”
 
Commander’s Volante bid to go ahead 
By Tim Lohman | Jan 10, 2006 | Comment Now 
Commander is set to steam ahead with its hostile takeover bid of rival Volante.
 
ASG forecasts strong earnings 
Nov 25, 2005 | Comment Now 
Perth-based IT provider ASG Group expected to report sales revenue of $26 million for the half year ending December 2005, a 60 percent increase over the corresponding period.
 
ASX questions Sonnet’s operating loss disclosure 
By Tim Lohman | Nov 23, 2005 | Comment Now 
Services specialist Sonnet has been grilled by the ASX over its 15 November company update statement.
 
Data#3 sells 30 percent more services  
By Fleur Doidge | Aug 29, 2005 | Comment Now 
Queensland reseller Data#3 has reported net profit after tax of $3.9 million for the full year ended 30 June 2005 on the back of a 30 percent jump in services revenue.
 
Moneytech shows channel the money 
By David Binning | Aug 12, 2005 | Comment Now 
Channel finance newcomer Moneytech this week commenced trials of its DealerCard product, providing resellers and distributors with low hassle credit lines.
 
Fake websites fool investors 
Mar 31, 2005 | Comment Now 
The Australian Securities and Investments Commission has warned Australian investors to beware of websites claiming to represent international regulators.
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