COMPANIES

LG Class Cinema vs Sony Bravia HD TV vs Samsung Smart TV

LG announced the addition of 3D video game platform to its Smart TV app offerings. To be released in the later part of 2012, it features primarily family-friendly games in both 2D and 3D in genres including action/adventure, RPGs, puzzle games, sports, and more. User can browse or search for games as well as purchase and play them through the TV's interface which looks like any app store. Owners can use either the LG Magic Remote or any third party game controller.

CBA, NAB Cut Interest Rate by 20 Basis Points

Four days after the Reserve Bank of Australia (RBA) reduced by 25 basis points the overnight cash rate to 3.25 per cent, two members of the big four announced rate cuts on Friday.
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Microsoft Equips JavaScript with More Complex Applications

Microsoft announced on Wednesday that Javascript was developed with complex applications and at the same time made available a new plugin for Visual Studio. The plugin, known as Typescript, will make Javascript more user friendly for newbies who want to create large-scale web applications.

Qantas Divests StarTrack Freight Business to Australia Post

Australia Post, wanting to capture majority of the pie that caters to the growing online shopping activities of Australians, will acquire 50 per cent of Qantas Airways Ltd's freight business StarTrack for A$408 million ($422 million).

Apple Set to Unveil iPad Mini on Oct 17

The buzz on the recently rolled out iPhone 5 has yet to die down and now reports are out that another Apple gadget, the iPad Mini, will hit the market very soon, likely late October or early November.

Huawei Mulls ASX Listing to Gain More Trusts in Australia

China’s Huawei Technologies, one of the world’s biggest telcos, is not giving up on Australia despite earlier decision by the federal government this year to bar the company from participating in the $37-billion national broadband network (NBN) roll out.

Caltex Launches Babycare Package to Retain Good Staff

As Australian companies grapple with talent shortage, Caltex launched on Wednesday a babycare package which offers a 12 per cent bonus package for employees who return to their jobs and stay with the firm until their child turns two.

Qantas Finds Loose Croc in Cargo Hold

A baggage handler of Qantas caught last week a 60-centimetre crocodile at its cargo hold. The reptile escaped from its cage while mid-air on a Brisbane-Melbourne flight.

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