Australia's CEOs, gov't heads experienced homelessness
Sleeping out amidst the rough biting cold on Thursday was one experience that Australia's opposition leader Mr Tony Abbott will not forget for a long time.
Newcrest Mining gears up for divestiture spree
Newcrest Mining Ltd is likely adding its Bonikro gold site in the Ivory Coast following its Wednesday announcement that it will divest its non-core Queensland assets in Cracow and Mount Rawdon, reports said.
Test hacks on WA govt agencies went undetected
The string of hacking incidents around the world that targeted global firms such as Sony and Lockheed Martin may have prompted Aussie government agencies and private companies to step up their online security protocol but such is not the case, according to the latest Auditor General report.
China convicts Foxconn employees on iPad 2 leak
China has convicted three people accused of conspiring to steal the casing design of iPad 2 last year, according to reports, which also said that two of those found guilty were previously connected with Foxconn, the Taiwanese manufacturer of Apple’s gadget product lines.
Smartphones spark rising rudeness among phone users
The rising influence of smartphones has negatively impacted the mobile phone behaviour of many Australians as a new online survey conducted by giant telco Telstra showed that 80 percent of the country’s phone owners displayed rude attitude while engaged on their handsets.
Nokia ends legal rift with Apple, accepts financial settlement
Nokia has reached a settlement with Apple, which ended the two firms’ legal tussles and commenced their licensing deal that calls for upcoming royalty fees set to be paid by the Cupertino-based company, reports said.
Scientists: Red lunar eclipse due to volcanic ashes
Wednesday marks the first of the two total lunar eclipses that the world will witness this year, with the latest this month set to be seen by millions in the countries located in Asia, the Middle East region, Africa and Australia.
U.S. mulls independent web access for dissidents in repressive regimes
Where internet access is deliberately restricted by authorities, the U.S. hopes to provide succour through its reported $2 million ‘internet in a suitcase’ plan that will roll out online emergency lines to nationals under extreme duress from their own governments.
Industry survey: Carbon tax would endanger mining jobs
Thousands of mining jobs from New South Wales and Queensland are likely to feel the pressure of the federal government’s proposed carbon tax, according to a new survey released on Tuesday by the Australian Coal Association (ACA).
FMG’s Andrew Forrest hints of challenging MRRT in court
Claiming that the mining tax being pushed by Prime Minister Julia Gillard is discriminatory, Fortescue Minerals Group (FMG) chief executive Andrew Forrest said on Tuesday that he is prepared to challenge the measure’s legality in the Australian High Court.
Nintendo laments initial reaction to ‘Wii U’
The plunging stock market value of Nintendo this week caught the Japanese game console maker by surprise, which came following the Tuesday launch of its next-generation Wii U.
Xstrata wins Exco shareholders nod
Exco shareholders gave their go signal on Friday for the $175 million deal that will formally transfer ownership of the company’s Queensland mining assets to Xstrata.
Looming work-stoppage to hit BHP coal mines next week
Industrial action will soon hit the Australian coal operations of BHP Billiton as some 4000 coking coal workers are set to walk out from their job sites beginning next week, demanding from the giant resources company better pay and solid tenure assurances.
Facebook admits error on facial-recognition technology
Giant social media firm Facebook acknowledged on Wednesday that it erred in not communicating enough to users that the facial recognition technology currently deployed on its site has been turned on by default.
Steve Jobs touts new Apple office building
Apple revealed on Tuesday its new office blueprint that will house more than 12,000 workers and on the side, aspire as the coolest workplace on Earth.
Rio Tinto deploys more driverless trucks in Pilbara
Global mining giant Rio Tinto has announced on Wednesday the doubling of the company’s fleet of automated-driven truck haulers currently deployed in the Pilbara region of Western Australia to further raise its ore production.
Swan: Carbon tax likely to include fuel and transport
Acknowledging the uncertain movement of global fuel prices, Federal Treasurer Wayne Swan said on Tuesday that government remains undecided on the inclusion of the petrol and transport industries to the planned carbon pricing.
Sony expects more than rosy figures for its new PS Vita
Despite initial reactions from analysts that Sony’s new handheld PlayStation Vita is a bit pricey, from $249 for the Wi-Fi version to $299 for the 3G version, the Japanese firm is optimistic that the product will deliver huge profits over the next three years.
NASA reports of extraordinary solar flare, warns of communication disturbance
America’s space agency NASA has reported on Tuesday an unusual explosion on the surface of the Sun, which according to the US National Weather Service (NWS) released a solar flare that would likely disrupt satellite, communication and power facilities on Earth over the next two days.
Gas wells audit detects leaks; CSG facilities claimed safe
A recent audit conducted by the Petroleum and Gas Inspectorate on some 2719 wells across Australia revealed generally positive results, with a number of facilities yielding some leakages though not reaching the flammable levels as assured by the agency’s inspectors.
BHP Billiton commences first oil production in Gulf of Mexico
Global resource company BHP Billiton has announced the start of its oil production in the Gulf of Mexico following the lifting of deep-water drilling ban on the area imposed last year by US President Barack Obama.
Australia's first smart wound bandages in the market soon
The way Australians nurse their wound could change soon as a group of Melbourne researchers revealed on Monday a smart bandage that they claimed would indicate injury condition by mere colour changes on the wound dressing.
Aussie research attempts a forensics breakthrough
Archived cases that beg to be solved may soon see just resolution based on the preliminary findings of a collaborative US-Australian project that pointed to the possibility of lifting fingerprints from evidences already battered by age and deterioration.
From laptop to tablet, Toshiba segues with new Thrive
Japanese computer maker Toshiba has joined the tablet craze engulfing the industry, announcing on Thursday last week the entry of Thrive into the exploding new tech toy that gradually edges out the popular laptop.
Steve Wozniak: Humans will soon surrender to machines
Apple co-founder Steve Wozniak has seen so much stunning technological advances that he believes a day will come when computers and humans become virtually equal but with machines having a slight advantage on intelligence.
Lend Lease flags new contracts worth more than $1 billion
Amidst swirling reports that it is working on a $4.9 billion takeover of Centro Properties Group’s Australian assets, Lend Lease Group revealed on Monday two upcoming projects worth an estimated $1 billion that will keep the company busy over the next three years.
Lend Lease offers cash bid to Centro prior to Centro-Blackstone deal, report says
Australian commercial property giant Centro Properties Group Ltd. has reportedly received a $4.96 billion cash offer from Lend Lease Group in February this year that would allow the latter to takeover Centro’s Australian shopping complexes.
Aussie scientists ‘unearth’ massive landscapes beneath Antarctica
International researchers led by Australian scientists have discovered a ‘breathtaking landscape’ resting some few kilometres below the seas in east of Antarctica, which they said comprises of stretches of mountains and valleys that were blanketed for millions of years by thick layers of ice.
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).
ACMA report scores telco players’ dishonest practices
Australia’s telecommunication watchdog has issued its preliminary report this week, scoring the industry’s tricky advertising techniques that take away the significance of premium communication services that telcos provide to consumers.