COMPANIES

iPAD, other touch screen tablets to lose market appeal?

Amid the growing popularity of the iPad and other touch-screen tablets, research firm International Data Corporation said June 6 that worldwide shipments are now expected to grow by just 4.2 percent in 2011, down from its February forecast of 7.1 percent.

Markets seen to rebound

As world markets ended up disappointingly with a tepid performance on Friday, analysts expect some negativity spreading, but the good market support for the Australian share markets will hopefully hold it up at today's trading day.
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China's Huawei appoints Australia Board directors

John Brumby, Alexander Downer and John Lord have been announced as independent Directors to sit on Huawei Australia’s newly-established Board of Directors. The Board will be charged with overseeing Huawei’s local strategy and developing further inroads into the Australian market.

Australia's finance sector on tight fix

A survey of bank, insurance and financial services employees had found more than half selling customers unnecessary financial products, just to reach management driven performance targets.

FBI site hacked; NATO challenged

he same group, "LulzSec," that attacked Sony Corp's film site also went to destroy an FBI-affiliated Web site in Atlanta in retribution to the NATO alliance's "act of war" against hackers.

Aussies get first Chromebook laptops

Kogan will release a laptop based on Google's Chrome operating system on June 7, beating Asian PC makers Samsung and Acer as first to release the Chromebook.

Australia stocks drift lower

Australia's share markets drifted lower today in subdued trading conditions as investors and traders took a breather after a wild week. Losses were limited by bargain hunting and technical support at the low point established in the last fortnight. Globally, markets are on hold ahead of the non-farm payrolls data to be released tonight in the US, analysts said.

Wal King denies returning to Leighton

Former long-serving Leighton (ASX: LEI) chief executive Wal King today broke his silence, ending speculation he would be returning to the Australian contractor

Hacker group claims responsibility of another Sony attack

Lulz Security, a hacker group, claimed it had attacked the Sony network once more. On Thursday, the team broke and entered the servers which hold the SonyPictures.com. More than a million of passwords, email addresses and other information from its current users have been compromised.

Volkswagen sales higher in May, strongest in 7 years

Volkswagen of America, Inc. has reported 30,100 units sold in May 2011, a 27.9 percent increase over prior year sales and the company's best sales month since August 2003. Year-to-date sales are up 19.7 percent.

Groupon plans $750 million IPO

Groupon has seen some successes as of late: after only pulling in a little over $713 million in all of 2010, in the first quarter of this year it had already pulled in some $645 milion.

Sony hacked again, million passwords compromised

Sony Corporation, still reeling from a hacking attempt last April, has another of its websites attacked this Thursday. The group of hackers compromised SonyPictures.com and accessed the personal information of more than 1 million Sony customers.

Australia's services sector skids in May

Australia's services sector showed poor signs of improvement, according to the latest Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI®), the seasonally adjusted index fell 1.6 points to 49.9 after a strong lift the previous month (readings below 50 indicate a contraction in activity).

ASX Overview: What to expect

Expect a lacklustre trading today at the Australian stock market because of negative to mixed leads derived from offshore trading overnight.

What to expect with Microsoft's Windows 8

Microsoft previewed its latest version of the Windows OS at the All Things D conference in Taipei and it is a marked departure from every version of Windows that's preceded it. The new generation Windows 8 has a completely new tile-based interface that is more touch based than any version of Windows.

Issues hound incoming Fortescue chairman Forrest

Incoming chairman of Fortescue Metals Andrew Forrest is being hounded by issues that the board under his leadership will just be merely a rubber stamp and will not question his decisions, according to the Australian Shareholders Association.

Qualcomm integrates next generation Microsoft

Qualcomm Incorporated (NASDAQ: QCOM) announced today that its upcoming award-winning SnapdragonTM family of smart mobile processors, including the MSM8960TM with integrated 3G/LTE modem, is designed to power devices running the next version of Windows.

Microsoft tempts with preview of 'Windows 8'

Software giant Microsoft Corp on Wednesday unveiled the next version of Windows, internally code-named "Windows 8," to help the partners build devices that take advantage of the new user experience at the 2011 Computex.

Group buying leader Stardeals launches in Perth

Stardeals, a shopping website that offers a daily deal on the best local goods, services and cultural events as part of the global Groupon Inc. network, this week began offering deals for the first time in Perth.

Australia's retail sector improves in April

The retail sector saw improvements in the month of April as its sales chalked up better numbers that signaled a better outlook for the local economy, according to the latest data issued on Thursday by the Australian Bureau of Statistics (ABS).

Baby rodents ground Qantas flight

Australian airline Qantas (ASX: QAN) was forced to ground a plane after flight attendants discovered five rats inside medical equipment just minutes before passengers were due to board.

Leadership: Beware the god complex

Excessive self-belief: a leader needs to be assured and act decisively. However, don't become like Caligula or Kim Jong-Il of North Korea, who believe they have superior knowledge and decision-making ability despite lack of supporting evidence. On your team, how many people will question your opinions, offer contrary views or suggest other options? More positively, do you seek out other perspectives and evidence to check your thinking?

Updates: Fortescue, Cardno, Tabcorp

It can be argued that Fortescue Metals Group Ltd's Andrew Forrest retirement yesterday boosted the value of the company by around $600 million, with some 30% of that improvement flowing to his already huge fortune.

Rio Tinto forms venture with Beijing's Chinalco

Beijing's Chinalco and Rio Tinto will explore mainland China for world-class mineral deposits under a joint venture (JV) formalised today. The JV is subject to Chinese regulatory approvals and once established will operate under the name Chinalco Rio Tinto Exploration Co. Ltd. (CRTX).

Alibaba.com a hit in Australia

The world's leading e-commerce company Alibaba.com now has well over 550,000 Australians using it as a business source, with an average of more than 20,000 people signing up to its site each month, latest figures show.

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