Sharon Olalia

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Greens introduce amendment limiting CEO salaries

A new amendment to the executive bill restricting the salary of a CEO to only 30 times the average wage of a regular employee of the same company is being pushed by the Greens into the government.

Fujitsu to deploy NBN Co’s new developments

NBN Co has contracted Fujitsu Australia as its prime alliance partner to deliver fibre infrastructure to New Developments. Fujitsu will manage the design, construction and associated works for the deployment of fibre to new developments, with the initial value estimated at over $100M for the first 12 months.

Daily deals site Groupon launches in NZ

Groupon, the group buying site that features a daily deal on the best stuff to do, eat, see and buy in more than 500 markets around the world today announced its launch of the Groupon New Zealand, which began offering deals on May 10, 2011.

2500 passengers affected as Qantas cancels 31 flights

Australian national carrier Qantas Airways (ASX: QAN) has been forced to cancel 31 flights affecting around 2500 passengers and delay another 46 flights during tomorrow's morning-peak, as a result of union-led industrial action from licensed engineers.

Americans hopeful but cautious on housing market, economic recovery

Americans expressed more cautious optimism during the first quarter of 2011 than in the fourth quarter of 2010, but they continue to lack confidence in the overall strength of the housing market and economic recovery, according to Fannie Mae's latest national housing survey.

Facebook applications leak personal information

Security researchers at Symantec sad a programming bug on Facebook’s website may have unintentionally given advertisers and others access to a bunch of personal information. This issue may have affected almost 100,000 Facebook applications for now.

Bin Laden’s son condemns his father’s sea burial

According to an online monitoring service, a statement believed to be authored by Osama bin Laden’s fourth eldest son, Omar bin Laden, condemned the al Qaeda leader's killing as "criminal" and said his father’s burial at sea had disgraced the family.

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