BUSINESS

Google has just unveiled Google Nexus Q during the Google I/O 2012 at San Francisco. This is the first living-room hardware device that was manufactured by Google.

Samsung Galaxy S3 has just received a RAM upgrade and there are speculations that the upgrade was a way to prepare users for an Android 4.1 Jelly Bean upgrade.

QR National had awarded a A$76-million contract to the Abigroup for the construction of the Wiggins Island rail project. The venture covers 13 kilometres loop located near Gladstone which would be the location of the Wiggins Island Coal Export Term (Wicet), the unloading point for the coal trains.

Luxury department store David Jones has reportedly attracted the attention of a UK-based firm as company chair Robert Savage confirmed this afternoon the floating of an unsolicited takeover offer to one of Australia's oldest retail player.

Telstra Corporation, it appears, has to work further in beefing up its privacy protocols as regulators said on Friday that the giant telco breached Australia's Privacy Act when it inadvertently exposed last year thousands of customers' personal information.

The retail sector is buzzing on the last trading day of the financial year, with upmarket retailer David Jones (DJS) the subject of a takeover offer. The overall share market is trading flat, with the All Ordinaries Index (XAO) unchanged at 4085.1.

The financial stability of embattled airline Qantas is facing another threat over the tie-up between Virgin Australia and Singapore Airlines.

According to a 2011 survey by the MIT Sloan School of Business, nearly 80 percent of all brand and market management decisions made by top-performing companies were primarily based on their CEO's intuition, rather than any form of market research.

The Bank of China opened its first bank branch in Taipei yesterday to much media fanfare as decades of tension cool.

By Peter Switzer, Switzer Super ReportIt's been another week where stock market optimism was actually given a chance, with US housing data looking unquestionably better than it has for years.

Mobile technology has made the traditional 9-to-5 office hours outdated. In lieu of the 8-hour traditional pattern, many office employees now clock in 12 hours of work from 7-to-7.

A day after the Fairfax Media board closed with finality the doors of its boardroom to Australia's richest woman and the company's largest stakeholder Gina Rinehart, the media firm's stocks continued to plummet in value.

By Greg PeelThe Dow closed down 24 points or 0.2% while the S&P lost 0.2% to 1329 and the Nasdaq dropped 0.

Investors have been given a glimpse into the EU summit...but a lot of questions remain unansweredBy Chris Tedder, Research Analyst FOREX.

Google has just unveiled its latest Android version which is Android 4.1 Jelly Bean during the ongoing Google I/O 2012. Barely a month before that, Apple also unveiled its latest OS which iOS 6. The battle between the best OS is on and many people are asking this very important questions: Which is better? Google's Android 4.1 Jelly Bean or Apple's iOS 6?

Bioware has just released the extended cut for the popular game, Mass Effect 3. The extended cut was released due to the demand of Mass Effect 3 fans that they were "cheated" because of the ending. This Mass Effect 3 Extended Cut is Bioware's effort to appease Mass Effect 3 fans.

Todd Kelly, the team owner of V8 Supercars express his enthusiasm when the Nissan parts arrived at the team's base located in Melbourne. This Nissan parts are going to be utilized for the V8 Supercars 2013.

Software makers are re-training their attention on what Apple has proven as a sure-fire way of earning the big bucks - put together a sexy gadget and have it powered by in-house operating system and maybe a few years after, you'll be on top of the world.

The PlayStation Network would be receiving another software update by today but the said update would just be minimal. The update will roll out for today and it is dubbed as "v4.20".

Day 1 of the Google I/O 2012 has already past but the revealing of the new Google products are still fresh for everyone's mind. During the conference, Google revealed the Google Nexus 7 Tablet, Android 4.1 Jelly Bean, and Google Glasses.

Despite weaker commodity prices globally, Australia expects record-high $209 billion export revenue from mining and energy resources in the coming financial year. The Bureau of Resources and Energy Economics attributes its optimism to new resource projects going full blast this year.

Metcash reported on Thursday northbound results but behind the numbers were the wholesale grocer's shrinking income, which the company admitted had plunged by more than 62 per cent in the past 12 months leading to end of April 2012.

NBN Co flatly denied that Australia's $36-billion nationwide broadband roll out has hit a snag following reports that major contractors attached to the federal initiative were mulling possible pull outs from the project that has been plagued by numerous delays.

Local stocks are gaining traction for a second consecutive session, following gains on US and European markets overnight. Positive US housing data boosted sentiment, although volumes were low in Europe ahead of a key European Union summit kicking off tonight in Brussels. At lunchtime in the East, the All Ordinaries Index (XAO) is up 18.8pts or 0.5pct to 4102.8.

by Andrew Milligan, Head of Global Strategy, Standard Life InvestmentsIf European policymakers were playing a grand game of golf they would currently be knee-deep in the rough, with no line of sight to the green.

The Hollywood Palladium is making its way on to the commercial market where it is expected to sell for up to $60mn, says the Hollywood Reporter.

Technology is really changing the lives of consumers the world over. Among the technological innovations that Australians could look forward to in the future that would make life easier for them is not falling in line at supermarket check-out counters.

Dell recently unveiled its line of XPS Ultrabooks with the hopes of becoming the top providers of ultrabooks in the world. Despite that intention, can it really compete with Apple's MacBook Air?

Facebook, the popular social networking site recently made changes in terms of email addresses of users. This change made users angry and protests regarding this change was widespread among Facebook users.