BUSINESS

Is this the Start of a New Digg? Betaworks Acquires Digg

Digg, the once popular social news site, was recently acquired by Betaworks. Details of the acquisition was not disclosed but there are reports stating that Betaworks paid $US500,000 for Digg's assets which includes the site as well as its technology.
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Chinese GDP Hits The Mark

By Chris Tedder, Research Analyst FOREX.comThe much anticipated Chinese GDP data printed just below consensus at 7.

Australian Stock Market Report – Afternoon7/12/2012

Local stocks closed in the red for the sixth session in a row today, posting the Australian share market's longest losing streak since November last year. Weaker than expected jobs numbers hurt investor sentiment while falls on US share markets and reports China is considering reducing state steel output contributed to the negative tone. The All Ordinaries Index (XAO) closed down 29pts or 0.7pct to 4106.

PC Sales Decline Due to Tablets and Smartphones

A new research report shows that PC sales are now declining while the sales figures of tablets and smartphones are rising. This new trend shows that people are now more interested in tablets and smartphones as compared to PCs.

Australian Stock Market Report – Afternoon 7/11/2012

The Australian share market closed marginally in the red today, its fifth consecutive session of losses, although volumes were very low. Falls on offshore markets overnight contributed to the negative mood, although there was some buying in retail related stocks on the back of a pick-up in consumer sentiment. The All Ordinaries Index (XAO) finished the day's trade at 4135, down 3pts or 0.1pct.

Apple Withdraws from EPEAT, Recycling Concerns Rise

Apple Inc. has recently asked to remove 39 Apple products from the Electronic Product Environmental Assessment Tool (EPEAT). This decision from Apple has raised some recycling concerns from industry observers and environmentalists alike.

Best 3 Alternatives to iGoogle

As part of Google's "spring cleaning", Google announced that they will be shutting down iGoogle. The iGoogle service is scheduled to end on November 1, 2013.

Xbox 720 for Only US$99? [Plus Rumored Specifications]

News about Xbox 720 and its pending release has been going around in the Internet ever since leaked documents about the Xbox 720 was revealed. The latest prediction about Xbox 720 is that it will go on sale for only US$99 with a monthly TV subscription fee.

Price War Moves to Airline Tickets

The arena for a price war is no longer limited to grocery shelves between supermarket giants Coles and Woolworths. It has gone up 30,000 feet into the Australian sky as Qantas and Virgin Australia battle for corporate travelers.

Volvo Details Future Safety Systems

Volvo has lifted the lid on its next generation of vehicle safety systems designed to protect drivers from stray animals and red-light runners, and take full control of the car in congested city traffic.

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