Yahoo's woes continue to pile up and the latest difficulty is poised to hit the company's employees as reports emerged that newly-appointed chief executive Scott Thompson plans to axe thousands of workers soon.
The China Banking Regulatory Commission gave a Retail Renminbi licence to the ANZ Bank, which is the first Australian bank to receive the licence.
Rio Tinto (ASX: RIO) will make the largest investment by an Australian company in India through a $2 billion investment at the Orissa iron ore project in India. The project will supply iron ore to India and overseas with the steel making material.
Siri, Apple’s popular virtual assistant feature is set to meet its match as Android-developer Google is reportedly developing a new feature which would rival Siri.
China-based company ZTE recently released two new Windows Phones. These are ZTE Orbit and ZTE Tania. These Windows Phones were set to target people who are looking for inexpensive Windows Phones in the market.
Apple Inc. proudly marked 25 billion apps downloaded from its app store with an announcement on Apple's home page.
Manny Pacquiao vs. Floyd Mayweather Jr. would have been a fight for the ages but the much-awaited boxing showdown did not push through. This year, the best of America and Asia are expected to take their animosity to new heights when Samsung Electronics and Apple Inc. (NASDAQ: AAPL) release new smartphones at about the same time just months from now.
Of the 2,600 mining deals made globally in 2011 valued at $149 billion, Australian miners accounted for 22 per cent of market value making them the most acquisitive last year, a report by PricewaterhouseCoopers (PwC) released on Monday said.
Long-haul pilots of Qantas have promised no strikes if the union would succeed in its appeal on Fair Work Australia's (FWA) ruling a few months ago to prohibit industrial action. The union will file its case against the FWA termination of the pilots' industrial action before the Federal Court in Sydney.
Apple and Samsung scored victories against each other before a German court on Friday but the two tussling tech titans also saw legal setbacks hampering their efforts to assert dominance in the ever-growing global mobile device market.
Microsoft Corp. released a consumer preview of its next generation operating system Windows 8 on Wednesday and early reviews about the software have been largely positive.
Nokia, the Finland-based mobile manufacturer, recently went full force during the Mobile World Congress 2012 as it unveiled some of their newest smartphones. Included in the list is Nokia Lumia 900, the company's first Windows phone.
Activision Blizzard Inc. maker of World of Warcraft announced Wednesday that it would cut 600 employees from departments not related to its game development teams.
Samsung Electronics, one of the biggest names in the smartphone industry recently launched their newest smartphone called the Samsing Galaxy S WiFi 4.2. The Korean-based firm unveiled this new device during the Mobile World Congress 2012.
There are many news reports that are circulating around the web regarding the pending release of Apple's iPad 3. Ever since the "official invitation" has been sent out to the press, several news reports indicate that the target release date will be a go while other news reports are saying that a delay in the release date should be expected.
This week's Mobile World Congress (MWC) 2012 impressed tablet aficionados -- quad core processors, superb displays even when exposed to sunlight, tablets that are as compact as smartphones, stylus that enhances the devices' functionality.
The Malaysian bank CIMB signed on Thursday night a memorandum of agreement with the Royal Bank of Scotland (RBS) for the purchase of the RBS's Australian equity market operations. The operations cover 13 countries in the Asia-Pacific region including Australia, Japan and Korea.
Stocks rebounded from the biggest decline in two weeks, rising after a strong reading on weekly U.S. jobless claims. The Dow Jones Industrial Average climbed 32 points, or 0.3%, to 13032, in Thursday afternoon trading.
The federal government of Australia announced on Tuesday night the sudden end to the $320-million solar hot water programme. The decision was part of the Gillard government's major revamp of its subsidy programmes.
Engineering firm WolreyParsons complained Thursday on the slow payment by large Australian mining and energy firms despite the resources boom in the country. WorleyParsons Chief Executive John Grill said the situation is squeezing its margin and delaying projects.
Volkswagen in the UK has for the first time, released photographs of the Golf GTI Cabriolet that will be unveiled next week at the Geneva Motor Show.
A week before its expected launch of the very much anticipated iPad 3, Apple fuelled enough investors' excitement and saw its shares soaring thereby pushing its total market capitalisation beyond the $500 billion mark.
Woolworths reported on Thursday a 17 per cent drop in its first half net profit mainly due to the $300 million charge for the restructuring of its Dick Smith consumer electronics division.
Google Inc. celebrated the leap year and composer Giochino Rossini's 220th birthday with a two for one Google Doodle. The Doodle features frogs performing Rossini's opera "The Barber of Seville".
One of the much-anticipated smartphones to be released this year is the Samsung Galaxy S3. There are reports speculating that the Samsung Galaxy S3 will be revealed around May, 2012 and it could grab the title as the world's thinnest smartphone.
Apple finally released an official invitation to the press regarding the much-anticipated launch of their newest iPad dubbed as iPad 3 on March 7.
Finland-based firm Nokia recently made headlines during the Mobile World Congress 2012 as it unveiled its latest smartphone offering, the Nokia 808 PureView.
Significant increases across the clothing and footwear and transport equipment sub-sectors together with a lift in new orders were leading contributors to another month of expansion in the manufacturing sector, according to the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®).
The ball is now on Microsoft's hands as the company scrambled to eke out a place in a mobile computing world increasingly dominated by Apple and Google.
The patent wars raging between tech firms dominating the mobile device market could spill over in the equally lucrative social networking sphere as Yahoo reportedly sent notice to Facebook this week demanding for licence payments.
