Warner Music has been sold to US businessman Len Blavatnik, according to credible reports, in a $3.3bn deal. The company’s $1.9bn debt is also transferred to its new owner, valuing Warner at $1.3bn — via redwolf.newsvine.com
Insatiable demand for smartphones, tablets and data-enabled devices is putting telephone networks under so much pressure they are struggling to cope.
Critics suggest mobile phone companies have signed up too many people when their networks are unable to provide the service they are selling. That assertion is almost impossible to confirm, but some industry analysts are convinced it is true — via redwolf.newsvine.com
In a move designed to draw attention to the genocide in Darfur, in 2008 a young fashion student took the decision to juxtapose an image of a starving child with a Louis Vuitton-inspired bag. The French fashion giant responded by sending in their lawyers in pursuit of crushing damages. This week, however, they lost not only the case, but the all-important PR battle — via redwolf.newsvine.com
Google infringes the copyrights of Belgian newspapers by placing links to and portions of their articles on Google News, the Belgian Court of Appeals has ruled.
As a result, Google is required to remove all articles and photos from all Belgian newspapers in French and German. Google faces a daily fine of roughly $35,500 (25,000 euros) if it fails to implement this judgment — via redwolf.newsvine.com
Vodafone has quietly launched its own femtocell product aimed at boosting 3G coverage indoors, but has limited the release to select business customers — via redwolf.newsvine.com
Westpac is this morning scrambling to restore services after a data centre glitch took down its ATM, EFTPOS, website and online banking facilities this morning — via redwolf.newsvine.com
Budget airline Virgin Blue will now be known as Virgin Australia under a massive re-branding of the airline’s Australian operation.V-Australia and Pacific Blue will also come under the new banner, which the company says will provide one look and feel
across all of its airlines — via redwolf.newsvine.com
Google has launched Google Shopping in Australia, a product search engine that helps people discover products online — via redwolf.newsvine.com
Dr Amar Bose ’81, Bose Corporation’s Founder, has given to MIT the majority of the stock of Bose Corporation in the form of non-voting shares — via redwolf.newsvine.com
Google Australia paid tax of $1 million last year on its market-dominating Australian online search advertising business, which is estimated to reap more than $700 million in revenue annually — via redwolf.newsvine.com
Territory property investors cut their pool of potential tenants by one third when they ban pets, a property group boss said on Friday.
Investment Club president Kevin Young said Australia had one of the highest rates of pet ownership in the world; 63 per cent of the country’s 7.5 million households have one — via redwolf.newsvine.com
Nick Hayek, the chief executive of the Swatch Group, is facing a problem many of his corporate counterparts might envy: he’s doing too much business.
Swatch, the world’s largest watchmaker, is rushing to add factory capacity so that it can make enough watches to meet demand. It wants to add as many as 2,000 employees this year — about 1,500 of them at home in Switzerland. But it is struggling to find enough qualified people– via redwolf.newsvine.com
Problems on the Vodafone network yesterday left users Australia-wide unable to send or receive text messages on their mobile phones — via redwolf.newsvine.com
A few weeks ago a postdoc in my lab logged on to Amazon to buy the lab an extra copy of Peter Lawrence’s The Making of a Fly – a classic work in developmental biology that we – and most other Drosophila developmental biologists – consult regularly. The book, published in 1992, is out of print. But Amazon listed 17 copies for sale: 15 used from $35.54, and 2 new from $1,730,045.91 (+$3.99 shipping) — via redwolf.newsvine.com
The three big telcos have raised concerns about the fees that telcos pay the Telecommunications Ombudsman for complaints made against them, stating that the organisation’s reliance on the fees for funding is not appropriate — via redwolf.newsvine.com
More companies that advertise on the Internet in Europe will give consumers the option to turn off advertisements that collect data on their audiences ahead of European Union regulations soon to come into effect.
The Internet Advertising Bureau (IAB) Europe released guidelines on Thursday called the OBA (Online Behavioral Advertising) Framework. It details how advertisers can inform consumers of behavioral tracking technologies and give them the option of turning the tracking off — via redwolf.newsvine.com
The number of Australian data breaches reported to forensic investigators has already doubled those experienced in 2010, even though it’s only experienced in 2010, even though it’s only April.
Some of the worst breaches have cost businesses many hundreds of thousands of dollars, and involved significant loss of credit card information and customer information.
Yet it seems that none of the breaches handled by forensic investigators Verizon and Klein&Co have been reported by the media. — via redwolf.newsvine.com
Legal action has been launched against 25 Angus and Robertson bookstores that are trying to get out of a franchise agreement with their failed parent company.
The company, REDgroup Retail, went into administration in February — via redwolf.newsvine.com
Google has won regulatory approval for its $700 million deal to buy ITA Software, but the Justice Department intends to keep a close eye on the search giant.
The proposed settlement, which still must be approved by a federal judge, requires Google to continue licensing ITA’s travel technology to rivals for five years on reasonable and nondiscriminatory
terms. Some of those rivals, such as Kayak and Hotwire, formed FairSearch.org to oppose the deal — via redwolf.newsvine.com
Treasurer Wayne Swan has officially prohibited the merger of the Australian and Singapore stock exchanges — via redwolf.newsvine.com
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