Financial Services

Telstra sells subsidiary for $50M to US company

Telstra sells subsidiary for $50M to US company

While most of the nation was busily preparing for the big Day on Christmas eve, Telstra was busily signing an agreement to sell-off its general insurance transaction processing subsidiary, Telstra ebusiness Services Pty Limited (TeBS), to US NASDAQ-listed Ebix for $50 million.
Lilia Guan Jan 7 2008 7:23AM Financial Services
CSG buys WA consulting service for $20M

CSG buys WA consulting service for $20M

Australian ITC provider CSG has acquired WA-based service provider, Change Corporation.
Lilia Guan Dec 19 2007 3:20PM Financial Services
Half of online shoppers 'disappointed'

Half of online shoppers 'disappointed'

Nearly half of the UK's shoppers have bought goods online which have turned out to be not what they ordered, according to research by a video review site.

Staff Writers Nov 30 2007 1:24PM Financial Services
ACCC fines TEAC $190,000 for price fixing

ACCC fines TEAC $190,000 for price fixing

The Federal Court of Australia has ruled TEAC Australia and its national sales manager, Warren Allison to pay a fine totalling $190,000 for resale price maintenance.
Lilia Guan Nov 29 2007 12:49PM Financial Services
Aussie financial platform service provider enters UK market

Aussie financial platform service provider enters UK market

Australian-based online portfolio administration service provider, Præmium Australia has been chosen by a UK-based Cofunds to provide financial services and reporting tools.
Staff Writers Nov 23 2007 3:51PM Financial Services
PayPal releases new payment method

PayPal releases new payment method

Payments service provider PayPal has partnered with MasterCard to release Secure Card, a new service that enables its customers to make payments on websites that do not normally accept PayPal.
Kim Thomas Nov 21 2007 7:06AM Financial Services
Mobile games market to hit US$10bn by 2009

Mobile games market to hit US$10bn by 2009

End-user generated revenues from mobile games will reach nearly US$10bn by 2009, according to a new report.
Staff Writers Nov 12 2007 2:31PM Financial Services
Dell moves forward in accounting row

Dell moves forward in accounting row

Company releases adjusted report to regain Nasdaq compliance.
Shaun Nichols Nov 5 2007 11:45AM Financial Services
Profit slump at second largest memory maker

Profit slump at second largest memory maker

Analysts expect more bad news before profit recovery next year.
Simon Burns Oct 23 2007 7:29AM Financial Services
Google Q3 profits up 46 per cent

Google Q3 profits up 46 per cent

Googlehas beaten Wall Street expectations, reporting a 46 per cent rise in profits for the third quarter thanks to increased market share and tighter control on expenses..
Guy Dixon Oct 22 2007 6:34AM Financial Services
TechnologyOne acquires Avand for $10 million

TechnologyOne acquires Avand for $10 million

Homegrown enterprise software provider, TechnologyOne, is expanding its government software suite by acquiring Brisbane-based enterprise content management (ECM) company Avand for $10 million.
Mitchell Bingemann Oct 12 2007 2:16PM Financial Services
Global IT spend to top US$3 trillion in 2007

Global IT spend to top US$3 trillion in 2007

Worldwide IT spending is projected to surpass US$3 trillion in 2007, according to industry analyst Gartner.
Robert Jaques Oct 9 2007 10:45PM Financial Services
Skype co-founder defends poor financials

Skype co-founder defends poor financials

Critics have inflated expectations about Skype's ability to monetise its 220 million users, co-founder Niklas Zennström said in an interview about his departure from the firm.
Tom Sanders Oct 3 2007 9:22PM Financial Services
Steve Jobs subpoenaed over backdating scandal

Steve Jobs subpoenaed over backdating scandal

The US Securities and Exchange Commission (SEC) has reportedly subpoenaed Apple chief executive Steve Jobs in its suit over alleged back-dating of stock options.
Shaun Nichols Sep 21 2007 1:17PM Financial Services
UK e-shoppers increasingly choosy

UK e-shoppers increasingly choosy

Online shoppers are taking more time than ever to make up their minds when making a purchase, according to a recent report.
Andrew Charlesworth Jul 26 2007 4:33PM Financial Services
Chinese car buyers steer online

Chinese car buyers steer online

The internet is one of the most effective ways of reaching car buyers in China, the world's second largest auto market, according to a new survey.
Simon Burns Jul 24 2007 10:59AM Financial Services
UK schools wasting millions on IT finance charges

UK schools wasting millions on IT finance charges

UK - Report urges education sector to seek the best deals.
Clement James Jun 21 2007 5:28PM Financial Services
Intellectual property is the 'currency of tomorrow'

Intellectual property is the 'currency of tomorrow'

USA - Technology companies losing out, says PwC survey.
Staff Writers Jun 21 2007 4:25PM Financial Services
China online retail market still wide open

China online retail market still wide open

CHINA - Amazon in second place.
Simon Burns Jun 21 2007 3:30PM Financial Services
Company designs location-based advertising for SMEs

Company designs location-based advertising for SMEs

SYDNEY - Sydney-based advertising company, Local Vision, is promoting a range of new ‘location-based’ advertising solutions designed specifically for the SME market.
Sarah Falson Jun 20 2007 2:53PM Financial Services

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