BUSINESS

Australian Stock Market Report – Midday 1/17/2013

Despite the release of some disappointing employment numbers this morning, the Australian sharemarket is improving for the third time this week, with the All Ordinaries Index (XAO) up by 0.7 per cent or 34.1 pts to 4799.1. Most sectors are trading higher, with the exception of the telcos which are slipping modestly.

GroupVox: Push-to-Talk Service for Facebook

Push-to-talk (PTT) service is similar to a walkie-talkie with radio devices and usually has a limited range. In mobile devices, PTT can have unlimited range using an Internet connection and individuals conversing can be from both ends of the world. GroupVox developed their PTT service app which allows Facebook users to send text messages to one another and voice messages similar to a walkie-talkie.
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Australian Stock Market Report – Afternoon 1/16/2013

The Australian sharemarket managed to improve for the second time this week today, with the All Ordinaries Index (XAO) up 0.5 per cent or 22 pts to 4765.0. Today was the busiest day on the market in terms of volume so far this year; with $4.12 billion worth of shares exchanging hands.

Review: Todoist App for Better Project Management

The company Doist developed a productivity app called Todoist which is available on a mobile device, desktop, browser, Gmail, and many more. Now used by over 450,000 people, the app was named top mobile application by The Guardian and cited by The Next Web as among the 35 best productivity apps for 2013.

iPhone 5 Spoofs: Apple Maps, Chinese Workers, Siri

Apple, the tech giant, is cutting orders of screens and other components used to manufacture iPhone devices due to weak sales of the iPhone 5. Its rival, Samsung marches on as the company reached the 100 million mark of Galaxy S sales in the mobile market.

Facebook Challenges Google, Launches Own Search Engine

In what seemed to be a subtle way of overturning Google's dominance in the search engine arena on the World Wide Web, Facebook launched on Tuesday its New Graph Search that enables its more than 1 billion users discover people, photos, places and interests. Well, at least for now.

Zuckerberg Belies Facebook Smartphone Rumours

It is a search function in a beta mode that would allow members to search information posted by their friends, not a smartphone. Facebook Chief Executive Officer Mark Zuckerberg's announcement on Tuesday at the company's headquarters dashed weeks of rumours that the most popular social media company would soon roll out a mobile device.

Miner Rio Tinto to Expand Iron Ore Production on Growing China’s Demand

Rio Tinto PLC, the world's second largest mining company, informed that it would expand iron ore production by approximately 15 percent as it saw its 2012 output grow to about 253 million tons, topping its earlier forecast. The strong results were pushed mainly by the revival in China's demand for iron ore.

Australian Stock Market Report – Afternoon 1/15/2013

Local stocks ended slightly lower on Tuesday. Market news was a less a factor behind the weaker tone, rather it was a couple of unsuccessful attempts to make new session highs in the morning that provided sellers with some encouragement and over the course of the afternoon the index lost ground.

Why Cheap Energy Could Be the Key for BlueScope Steel

Ben Bernanke gives a speech on Monday in the US. He may try to 'walk-back' the minutes of the December Federal Open Market Committee meeting. Those minutes suggested that at least one FOMC member wants to end the Fed's bond buying program this year. If he's feeling bold, Bernanke will fly the inflationist flag.

Overexposed to the Curse of Once-Off Economic Growth

The good thing about digging holes is that you can fill them back up again. You get two bursts of economic activity from the one project. Heck, you could employ two people to do the job instead of just one. A hole digger and a hole filler.

China’s GDP: Still Making Up the Numbers

Well here we go. Let the countdown begin. China's fourth quarter GDP numbers come out on Friday. We reckon most of the run up in the All Ords to 4751 has been in anticipation of good news. If form holds, stocks will trade down once the news is in.

Australian Stock Market Report – Midday 1/15/2013

The Australian sharemarket is off to a positive start for the second consecutive session, with the All Ordinaries Index (XAO) up 0.2 per cent or 8.1 pts to 4753.8. Global markets overnight ended mostly higher, with the Dow up 0.14 per cent, while shares in Germany and France also improved modestly.

Five Common Apps for Android, iOS

There are hundreds of thousands of application that can be downloaded from Google Play and iTunes for their respective devices. Before, most of these applications are exclusive to either Android or iOS, but now, developers have optimised their applications to make them usable to both OS platforms, increasing their target market users.

Uranium And A Slow Road To Recovery

By Andrew NelsonAs the old curse goes; may you live in interesting times. And for the uranium market, last year contained surely some interesting times.

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