Erik Pineda

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David Jones Defends Handling of Incomplete Takeover Bid

Was the disclosure of an unconfirmed takeover offer necessary at all? David Jones believes so as it informed the Australian Securities Exchange (ASX) Monday night that transparency was its utmost concern when it broke the news of an impending buyout that failed to materialise.

FWA's Probe on HSU Puts Kathy Jackson on Defensive Mode

As the string of controversies rocking the national leadership of the beleaguered Health Services Union (HSU) migrated to the cyber world, national secretary Kathy Jackson maintained that she was a victim of 'dark forces' within the labour group.

Julia Gillard Poll Numbers Decline as Carbon Tax Takes Effect

Prime Minister Julia Gillard firmly believes that 'common sense' among Australians will prevail in the end as her government officially ushered in yesterday fixed-price carbon tax, again renewing a fiery debate on the program's economic and social impacts.

David Jones Gets $1.65M Takeover Bid from UK Investors

Luxury department store David Jones has reportedly attracted the attention of a UK-based firm as company chair Robert Savage confirmed this afternoon the floating of an unsolicited takeover offer to one of Australia's oldest retail player.

NZ High Court Rules as Illegal Raid on Megaupload Owner's Mansion

A New Zealand High Court ruled on Friday that authorities who raided Megaupload owner Kim Dotcom's mansion earlier this year wielded deficient search warrants, stripping the whole operation conducted by NZ police teams and agents from the U.S. Federal Bureau of Investigation (FBI) of any legal protection.

Nexus 7 Highlights Fresh Google Game Plan

Software makers are re-training their attention on what Apple has proven as a sure-fire way of earning the big bucks - put together a sexy gadget and have it powered by in-house operating system and maybe a few years after, you'll be on top of the world.

PM Gillard Appeals on Senators to Show Compassion on Asylum Seekers

Prime Minister Julia Gillard urged the Senate today to pass the Rob Oakeshott bill, which the House of Representatives has approved Wednesday night, that would pave the way for the Australian government to implement offshore processing on refugees seeking protection in the country.

FBI Nabs 24 Credit Card Hackers, Prevents Theft of $200M+

U.S. authorities announced on Tuesday the arrest of 24 suspected hackers tagged by the Federal Bureau of Investigation (FBI) as responsible for the pilferage of credit cards and bank accounts information from Asia, Australia, Europe and the United States.

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