Tesla CEO Elon Musk has revealed an aggressive production plan for its Model 3 sedan so that the electric vehicles hit the market by year end. In order to support the rollout, Tesla may need to raise more cash. Musk has stated that Tesla Model 3 production is very much on track and that the company is looking to ramp up production to 5,000 vehicles a week in the fourth quarter.
Telstra has collaborated with Commonwealth Bank of Australia (CBA) and Message Xchange to perform an Australia's first end-to-end electronic invoicing experiment.
Optus has launched the 4.5G network in preparation for its 5G technology.
Qantas revealed on Thursday that Boeing 787-9 Dreamliners will use a new Premium Economy seat. The next generation seat is expected to debut in October.
Yahoo and Verizon finally agreed to close their pending deal but the acquisition price has been discounted by US$350 million (AU$455 million).
Coca-cola Amatil announced on Wednesday that it would close its Thebarton facility in South Australia.
Commonwealth Bank of Australia (CBA) promised to rectify superannuation concerns after the Finance Sector Union of Australia (FSU) claimed that more than 7,000 part-time staff did not receive their full superannuation entitlements.
Tesla is about to report its earnings on Wednesday but investors and analysts are not bothered about the figures. Contrarily, they are more interested in answers from Tesla chief Elon Musk regarding his mass-market electric vehicles, Tesla Model 3.
Unilever rejected Kraft Heinz's US$143 billion (AU$1.86 billion) offer, saying that it saw not financial or strategic merit in its company.
Nielsen Omnibus has released a research showing Aussie customers were excited for the arrival of Amazon in their country.
Iron ore prices have witnessed a deviation from market expectations as the demand and prices of Chinese steel see new highs. Following three days of losses, iron ore spot markets returned to stable conditions on Friday.
Medibank health insurance has blamed IT glitches for its 102 debit problems in the last quarter of 2016.
Adelaide's Finest Supermarkets (AFS) has confirmed that it would not use self-serve checkouts in its stores.
There’s a lot riding on Tesla Model 3 as far as the future of the electric vehicle maker is concerned. Whatever happens inside the automaker’s Fremont, California, factory in 2017 will decide whether the company will zoom towards a more sustainable future or slip into eternal doom.
Woolworths has decommissioned its in-house technology and shifted to Microsoft Azure as it prepared for Amazon's arrival.
Apple Inc.'s current market value costs US$699 billion (AU$909 billion), placing the company on top with a closing stock at US$133.29 (AU$173.46) per share.
Woolworths and Adore Beauty's partnership has ended after the make-up and hair products online retailer decided to be an independent company.
Iron ore prices witnessed a surprising upsurge as they crossed US$90 (AU$117.2) a tonne. This is the first time in more than two years the price has gone beyond the anticipated mark. The last time the same feat was achieved was in August 2014.
Domino's Pizza has investigated the report from Fairfax Media about visa sponsorship scam.
If latest reports are to be believed, Tesla will start building pre-production versions of Model 3 in a few weeks. It will launch the US$35,000 (AU$46,000 approx) mass market sedan in late 2017 and begin attending to the 400,000 pre-orders through 2018. Some auto experts believe that Tesla is on track to launch the Model 3 ahead of schedule.
JB Hi-Fi has recorded a statutory net profit of $110.4 million in its six-month period report.
Woolworths has been taking a different direction than its competitor Coles through the number of self-service checkouts it produced.
Coles has decided to restrict the number of items at self-serve checkouts to 12 items only.
Financial services company AMP suffered its first full year loss since 2003. The loss comes as the company goes through crisis in its life insurance and wealth protection divisions.
Herringbone and Rhodes & Beckett are now following Marcs and David Lawrence to the list of fashion retailers placed into voluntary administration.
The Tesla Model 3 won’t have the 100kWh battery pack like the Model S and Model X. Fans, hoping to get an epic range out of the Model 3, may be disappointed by the news. The information was tweeted by CEO Elon Musk on Wednesday. Musk also revealed that he had no plans to increase the 100kWh battery pack for the Model S and X.
Allphones closed its 18 stores on Monday after it has gone into administration.
Alibaba founder Jack Ma said during the opening of the first Australian and New Zealand branch of his company on Saturday that Australia is a gold mine.
Tesla CEO Elon Musk has recently confirmed via a tweet that the Tesla Model 3 branding will have the numeric “3” and not three horizontal lines depicting the Model E, a name originally thought of for the Model 3.
Marcs and David Lawrence have been placed in voluntary administration according to administrators Geoffrey Reidy and Andrew Barnden.