BUSINESS

After creating controversy a few weeks ago for suggesting that Australians should stay away from pubs so they would be financially better off, Gina Rinehart's latest advice to young Aussies will likely be a trending topic again in news programmes and social media.

By Greg PeelThe Dow closed up 39 points, or 0.3%, while the S&P gained 0.3% to 1413. With a partial bounce in Apple, the Nasdaq is up 0.

The same theme that has marked the last fortnight continued to hold sway over sentiment in global markets in the last day. The impact of economic reports has been fleeting, as investors continue to school themselves in the nuances of US politics as a way gauging chances of success in resolving the fiscal cliff. Reasonable economic news from the US was balanced by some more aggressive posturing on resolve budgetary issues.

Samsung is widely believed to unleash the Galaxy S4 on Q1 2013 but at around the same time, Taiwan’s HTC is rumored to wow the tech world anew with a new high-end smartphone known for now as M7.

The Australian Bankers' Association (ABA) said the Reserve Bank of Australia (RBA) has again confirmed that Australian households and borrowers are not paying more for their mortgages and business loans even though banks do not pass on RBA cash rate cuts in full.

The Android JellyBean 4.1 update is officially available for owners of Motorola’s Droid RAZR HD and MAXX HD and getting it is served in two ways – server initiated and manual update procedures.

Australia is one of only 13 countries where cars are designed and manufactured. The three large car manufacturers are Ford, Toyota and General Motors, while the three large truck manufacturers are Volvo, Kenworth and IVECO.

With Christmas Day only two weeks away, all the hype that goes with the season, including retailer selling and shopping, are expected to go all the more excitedly grueling in the coming days. And as Australians try to find that perfect gift either for one's self or for friends and loved ones, they may be too busy to notice purchased items void of receipts.

Blacks Ops 2, the latest in the blockbuster Call of Duty shooting game franchise, has registered more than $1 billion of global sales, a feat that Activision said was accomplished on the game title’s first 15 days of commercial availability.

The Ice Cream Sandwich on Motorola’s latest Android handsets, the Droid RAZR HD and the Droid MAXX HD, is gradually being bumped off in favour of the more flavourful JellyBean, Motorola Mobility has announced via Twitter this week.

Despite positive moves from blue chip stocks on Wall Street overnight, the Australian share market is trading in the red at lunchtime in the East. The All Ordinaries Index (XAO) is down 3.2pts or 0.1pct to 4524pts.

By Greg PeelMortgage broker Mortgage Choice has today released the results of its annual Consumer Sentiment Survey.

At the yearly HITB Security Conference in Malaysia in October, familiar and new faces participated in the iOs jailbreak discussion. The appearance of known experts such as iPhone Dev-Team members @MuscleNerd and @planetbeing and Chronic Dev-Team member @pod 2g as well as unknowns such as Azimuth founder Mark Dows aka @mdowd, are indicators of how popular jailbreaking has become.

By Greg PeelIt is clearly Beijing's intention for China to become the world's major trading hub, specifically through Shanghai, challenging the incumbent global trading centres of London and New York.

Besides bringing back the Sony Xperia S to the store shelves, the Japanese technology giant is also providing a JellyBean update for the model. Sony Mobile UK said an update for Android 4.1 will be open in mid-December. The news was actually announced in October. With the confirmation, Sony Xperia S may be the first to receive a golden update of Android 4.1 and owners of Sony Xperias T, TX, and V could expect updates soon. For overall Sony Xperia devices, a possible development for updates will ...

Both Reserve Bank of Australia (RBA) and major Australian banks' moves have been easy to predict in terms of overnight cash rate reductions and the response of the local lenders.

Readers of The Australian Traveller named on Tuesday night Sydney as the best Australian city in terms of travel experience, best restaurant, best bar and best guided tour.

By Greg PeelThe Dow closed up 82 points, or 0.6%, while the S&P gained 0.2% to 1409 and the Nasdaq lost 0.

A group of developers have been very resourceful and found ways how to unlock root access for almost every Ice Cream Sandwich-operated smartphones, which they made available in a forum in XDA Developers.

Political machinations and the associated rhetorical bluster continued on either side of the Atlantic in the preceding 24 hours. Outcomes in the related markets were favourable, to wit there was a sizeable drop in long term Greek interest rates along with more modest decline in Spanish and Italian rates. Strong gains for US house prices were registered in October, providing more evidence of the nascent recovery in US Housing.

Yahoo Chief Executive Officer Marissa Meyer hinted on Tuesday of the company's next plans about the booming mobile industry in relation to the Internet, which the company used to dominate several years ago.

In the pre-technology age, televiewers use the long stretch of time when commercials are shown for bathroom breaks or get some food or drinks from the refrigerator or pantry. Newspaper readers, in turn, simply turn the page or just ignore the print ads.

HTC’s Droid DNA is one powerful and impressive smartphone and thanks to Amazon, this handset earned higher consumer points with recent price cuts from its original U.S. retail point of $US199.99 to $US149.99, which comes with a Verizon contract.

CyanogenMod 10.1 for Google’s big tablet Nexus 10 is now ready for download at get.cm, providing Android lovers the chance to take the plunge on the extended world beyond the realms of JellyBean.

Popular blogging site Tumblr was hit on Monday by a malware attack which resulted in the posting of self-propagating and offensive measures on streams of users.

The Australian sharemarket is improving for the second time this week, however has trimmed gains following some worse than expected growth numbers. The Australian economy grew by 0.5 per cent in the September quarter (July to September), taking annual growth to 3.1 per cent. The market was hoping for 0.6 per cent to 0.7 per cent growth over the quarter. This adds to the barrage of negative economic readings over the past fortnight. The number of jobs advertised by Aussie businesses has fallen fo...

After so many years of depressing sales, Ford Motor Co. decided to revive and rename its Lincoln luxury brand. On the 3rd of December, Lincoln Motor Company is due to be introduced. The rebranding is aimed at reviving sales of Lincoln models. And what is more the Lincoln's first Super Bowl ad and television commercials are to be presented as well.

Centuries-old The Times of London, owned and published by Rupert Murdoch’s News Corp, is partnering with Google via a deal that will see the English publication’s digital version on Nexus 7.

Starbucks Corp. informed that it started talks with the HMRC as the company has been facing growing criticism since it was revealed that the world's most known coffee chain paid only £8.5 million in corporation taxes in 14 years. In addition, Starbucks Corp. might pay more in the near future as it is reviewing its UK tax approach.