Financial Services

Global navigation systems locate big profits

Global navigation systems locate big profits

Global navigation satellite system end-user devices and systems will generate yearly revenues of $240bn by 2013, research predicts..
Robert Jaques May 1 2008 8:58AM Financial Services
Samsung profits rise despite troubles

Samsung profits rise despite troubles

Samsung has reported a strong financial performance in the first quarter of 2008, offering some solace after the shock resignation of its chairman this week..
Simon Burns Apr 26 2008 10:22AM Financial Services
Apple logs another record quarter

Apple logs another record quarter

Apple has logged another record financial quarter, posting US$7.51bn in revenues and more than US$1bn in total profit over the first three months of the year..
Shaun Nichols Apr 25 2008 12:58PM Financial Services
Strong Yahoo financials will not see off Microsoft

Strong Yahoo financials will not see off Microsoft

Yahoo's better than expected first-quarter results will not help it fight off Microsoft's hostile takeover bid, experts reported today..
Robert Jaques Apr 25 2008 12:58PM Financial Services
Consolidation to boost online ad market

Consolidation to boost online ad market

The online advertising market is set for a major boost, according to analysts, as recent consolidation in the online advertising market leads to big gains for advertisers..
Shaun Nichols Apr 23 2008 3:14PM Financial Services
Google Q1 profit soars to US$1.31 billion

Google Q1 profit soars to US$1.31 billion

Google's report on the first quarter of 2008 shows an unexpectedly strong start to the year for the search giant..
Shaun Nichols Apr 22 2008 7:36AM Financial Services
Tech giants post upbeat financials

Tech giants post upbeat financials

Three of the tech industry's leading bellwethers have reported better than expected profits for the first quarter, allaying some of the IT investment community's worst fears..
Guy Dixon Apr 21 2008 12:28PM Financial Services
Venture capitalists jittery in sluggish market

Venture capitalists jittery in sluggish market

Jitters over a sagging economy, and fears about returns, are plaguing venture capitalists, according to a recent study..
Shaun Nichols Apr 21 2008 12:28PM Financial Services
EU green lights Activision-Blizzard merger

EU green lights Activision-Blizzard merger

The European Union has given permission for French conglomerate Vivendi to proceed with its proposed acquisition of gaming giant Activision..
Clement James Apr 18 2008 7:15AM Financial Services
Brennan cashes up mid-market for IT spend

Brennan cashes up mid-market for IT spend

Australian IT and telecommunications mid-market service provider – Brennan – has launched ‘Brennan Finance’. The new arm of the company will offer customers a complete range of finance options to assist mid-market businesses access to the latest software and hardware technologies.
Lilia Guan Apr 16 2008 10:10AM Financial Services
Samsung awaits bribery allegation verdict

Samsung awaits bribery allegation verdict

Samsung is awaiting the results of a probe into allegations that it bribed government officials in its home country of South Korea..
Simon Burns Apr 15 2008 7:17AM Financial Services
Intel puts half a billion into Chinese tech firms

Intel puts half a billion into Chinese tech firms

A subsidiary of chip maker Intel plans to invest US$500 million in Chinese technology firms, the company has announced. The funds will be invested in companies with interests including broadband wireless, media, telecoms and "clean technologies", the company's investment arm, Intel Capital, said..
Simon Burns Apr 11 2008 7:52AM Financial Services
Angels keeping guard over Australian ICT innovation

Angels keeping guard over Australian ICT innovation

As the Federal Government plans for the future with an upcoming review on national innovation, a group of dedicated investors want to lend their own expertise to ensure the growth of Australian ideas truly stay down under.
Ashley Clark Apr 8 2008 3:09PM Financial Services
IT budgets hold up despite downturn

IT budgets hold up despite downturn

IT budgets seem to be holding up despite the economic downturn, according to new research from Gartner..
Iain Thomson Apr 7 2008 7:47AM Financial Services
ASG scores $75M worth of contracts, includes one with Dell

ASG scores $75M worth of contracts, includes one with Dell

Australian IT services provider ASG Group has secured contracts with a total value of approximately $75 million, including provision of IT services support to Dell Australia on a new CSIRO contract and provision of Oracle and general IT support to Multiplex.
Lilia Guan Apr 4 2008 3:54PM Financial Services
Rising interest rates may drive online sales boom

Rising interest rates may drive online sales boom

A tightening Australian economy may be driving Australian consumers to look online for better deals, online shopping comparison site GetPrice suggests.
Liz Tay Apr 3 2008 1:14PM Financial Services
Dell slashes costs by US$3 billion

Dell slashes costs by US$3 billion

Dell is to close its Austin, Texas desktop manufacturing plant, laying off 900 workers as part of a three-year plan to reduce expenses by US$3 billion annually..
Guy Dixon Apr 2 2008 2:33PM Financial Services
ComOps buys NSW-based Microster Pty Ltd for $6.5M

ComOps buys NSW-based Microster Pty Ltd for $6.5M

In line with its ongoing strategy of growth by acquisition, Australian Stock Exchange listed software developer and integrator, ComOps has signed a Heads of Agreement to acquire the assets of Microster Pty Ltd for $6.5 million.
Lilia Guan Apr 2 2008 2:14PM Financial Services
Australia to get its own IT NASDAQ

Australia to get its own IT NASDAQ

In late 2008, Australia will have its own specialist exchange for technology companies, similar to NASDAQ in the United States and AIM in the United Kingdom. It will be dubbed the Asia Pacific Technology Exchange (APTEX), with an expected 20 companies to be listed when it opens.
Lilia Guan Mar 27 2008 10:12AM Financial Services
IDC: What CIOs’ want in their 2008 IT shopping carts

IDC: What CIOs’ want in their 2008 IT shopping carts

In 2008, CIO investment dollars will focus on improving internal business/technology processes, business reporting and information management, infrastructure and communicating with partners, suppliers and customers, according to IDC's Forecast for Management (FFM) Survey.
a Staff Writer Mar 26 2008 12:21PM Financial Services

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