BUSINESS

Rio Tinto Explores Nigerian Market

Rio Tinto, along with 10 other Australian companies, have been made part of an Australia-Nigeria Trade and Investment Council to look into possible investment opportunities in Nigeria's mining, agriculture and financial services sectors.

Updates: Good NAB Profit, Weak WOW Sales

A record profit from the National Australia Bank and a higher dividend, supporting the bank's go it alone strategy and trying to make itself different from its peers.
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HTC Has Dropbox vs. Apple, iCloud

Taiwanese phone manufacturer HTC will now offer its Android users 5Gb of free cloud storage thru file hosting service Dropbox. HTC announced this new partnership on its Facebook page.

Patent Wars: Are Consumers the Ultimate Victims?

It seems like you can't read about tech news without running across news about one company suing another for patent infringement. Just this week, Apple was granted a patent for the slide to unlock feature which is also a feature in most smartphones. What this means is that Apple can now sue other phone and tablet manufacturers for using the slide to unlock feature and we can reasonably expect a new spate of patent infringement cases from this development in addition to all the lawsuits flying...

HP Stuns Industry, Keeps PC & Tablet Business

In a stunning reversal of its August decision to spin off its PC division, HP will keep its stake in the personal computer business. The hardware giant had announced that it would kill of its smartphone and tablet products and would consider splitting the company in two. This idea was definitively scrapped when HP announced in a press release that it would keep its $40 billion its Personal Systems Group or PSG.

Personal Sub Can Make Trips to Mariana Trench

The 52nd annual Fort Lauderdale International Boat Show in Florida is showcasing a prototype of a personal submarine that can repeatedly take up to three people for a trip down into the deepest part of the Earth, the Mariana Trench.

Warning: Your Facebook Friend May Be a Bot

Facebook protects majority of its 800 million active users from spams using a massive defense network called Facebook Immune System (FIS). But a researcher said users may lose their personal information to bots posing as friends.

Global Steel Prices Impacted By USD

- A stronger US dollar has been impacting on steel prices- MEPS suggests greenback strength could impact on pattern of world trade- Impact of stronger US currency anticipated to continue into 2012By Chris ShawThe average Hot Rolled Coil price for BRIC countries as calculated by steel industry consul...

Nokia’s Asha: The Smartphone for the Next Billion

While the biggest news out of Nokia World is the announcement of Nokia's first Windows Phone, the mobile phone company also unveiled a new line that is aimed at emerging markets such as India and Africa.

Australia’s Leighton Confirms $600-$650M in Profits

Leighton Holdings (ASX: LEI) has confirmed the previously provided guidance for the 12 months to 30 June 2012 for an after tax profit of between $600-650 million after completing a detailed forecasting review across all of its operating companies.

Google Voice Search: Going Where no Voice Search has Gone Before

Apple's Siri may be the new media darling these days but that doesn't mean that Google's Voice Search is going to stand being ignored. Google uploaded a pair of new videos to its YouTube channel that show two Australian engineers pushing the limits of Google's Voice Search.

Has Australian Coal Reached Its Zenith?

Speculations are abuzz that Australia's coal market is nearing its zenith, what with the latest intent of Australian coal miner New Hope Corp. wanting to be bought out in the tune of $5 billion.

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