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Finance

Market turmoil hits video games industry hard
By: Mike Bantick

The volatile financial market rollercoaster is hitting the big name interactive entertainment industries hard.  Both Activision/Blizzard and Electronic Arts – the industry’s biggest companies - have shed more than US$6 billion in value this past week.  Why?


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Another $US40 billion buyback ahead for Microsoft
By: Stephen Withers

Microsoft has revealed that a $US40 billion share repurchased program has been completed, and that the company has initiated a further buyback of similar magnitude.


Read More About Another $US40 Billion Buyback Ahead For Microsoft...


MYOB polishes Mac integration in FirstEdge and AccountEdge
By: Stephen Withers

New versions of MYOB's FirstEdge and AccountEdge accounting packages for the Mac deliver improved integration with Mac OS X features, as well as a range of other improvements.


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NetSuite first Chrome-plated on-demand business suite: claim
By: Stephen Withers

Computing business applications provider NetSuite claims to be the first to officially support Google's new Chrome browser.


Read More About NetSuite First Chrome-Plated On-Demand Business Suite: Claim...


Dell records boom growth in Asia Pac and Japan
By: Stephen Withers

PC maker Dell has posted strong second quarter results, while claiming particularly healthy growth in the Asia Pacific and Japan markets. What's more the recently troubled company claims to be easily outperforming its main competitors in the region.


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SMS records strong growth
By: Stephen Withers

Consulting company SMS Management & Technology has reported a healthy lift in revenue and profit.


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EA withdraw Take-Two offer, good for gaming
By: Mike Bantick

Electronic Arts make some marvellous games, bending their might to yearly editions of many a sports simulation.  They have also been responsible for developing and publishing some of the biggest franchises in gaming history, and next month Spore hits the EA Stable.  So why is the (now withdrawn) EA push to take over Grand Theft Auto publisher Take-Two so bad?


Read More About EA Withdraw Take-Two Offer, Good For Gaming...


Apple's day in the sun as most valuable Silicon Valley company
By: Stephen Withers

Apple briefly became the most valuable company in Silicon Valley when its closing stock price gave it a market capitalisation greater than that of Google.


Read More About Apple's Day In The Sun As Most Valuable Silicon Valley Company...


del.icio.us 2.0 announced as Digg deal eats dirt for Google
By: Davey Winder

Social media is meant to break the news, but of late has been making the news instead. Hot on the heels of Google apparently walking away from a potential $200 million acquisition of Digg, comes the news that one of the old men of social media might be heading back into the spotlight with the launch of del.icio.us 2.0


Read More About Del.Icio.Us 2.0 Announced As Digg Deal Eats Dirt For Google...


Games industry records another bumper year
By: Mike Bantick

Despite battling a backwards censorship system in Australia , it looks like those in the Australian game industry are raking in the dollars.


Read More About Games Industry Records Another Bumper Year...


The Telstra cost blow-out that led to a $7 billion bonus
By: Alex Zaharov-Reutt

When the previous Coalition Government in Australia sought to sell off the final tranche of Telstra shares in a process known as T3, an executive team led by Telstra CEO Sol Trujillo went on a month long roadshow that involved luxury hotels and high expenses as detailed in a Government report.


Read More About The Telstra Cost Blow-Out That Led To A $7 Billion Bonus...


New look QuickBooks goes Web Services
By: Stephen Withers

Integration of Web services and a new SQL database engine has made Quickbooks 2008/09 the most significant upgrade to the small business accounting package this century. Will Reckon start selling its popular system as a service?


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Bob bobs up at BearingPoint
By: Stephen Withers

Consulting firm BearingPoint has appointed Bob Hennessy as the managing director of its financial services business in Australia.


Read More About Bob Bobs Up At BearingPoint...


Billionaire launches Yahoo! proxy battle
By: Stephen Withers

Microsoft walked away from its offer to acquire Yahoo!, but some investors think they know how to get the parties talking again - and that's bad news for the Yahoo! board.


Read More About Billionaire Launches Yahoo! Proxy Battle...


Sony predict modest 10 percent rise in 08 PS3 sales
By: Mike Bantick

Sony have released a series of 2008 financial forecasts, amongst the numbers; an increase in PS3 and PlayStation Portable sales speeds, whilst it is time to start writing off the venerable PS2.


Read More About Sony Predict Modest 10 Percent Rise In 08 PS3 Sales...


IBM acquires InfoDyne
By: Stephen Withers

IBM has purchased InfoDyne, a company specialising in software capable of handling high-volume data feeds with minimal latency to cope with situations such as financial markets.


Read More About IBM Acquires InfoDyne...


UK expert hired to rein in Australian Govt IT spend
By: Alex Zaharov-Reutt

The Australian Federal Government’s cost-cutting ‘razor gang’, led by Finance Minister Lindsay Tanner, wants to slash Government ICT costs. UK expert Sir Peter Gershon has been brought in to do the job, and even he’s pitching in, asking that his remuneration be paid instead to charity.


Read More About UK Expert Hired To Rein In Australian Govt IT Spend...


Tom Clancey’s Rainbow Six Vegas 2 publisher raises earnings forecast
By: Mike Bantick

Ubisoft, publisher of Assassin’s Creed and Tom Clancey’s Rainbow Six Vegas 2 amongst others are positive about the up coming year, upping their expected income forecast.


Read More About Tom Clancey’S Rainbow Six Vegas 2 Publisher Raises Earnings Forecast...





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