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Business, Financial & Legal Posts - Page 292

Bill to split Telstra passed by Australian Senate - NBN finally?

By: Array

Finally - the future of this countries broadband seems to be making a step forward instead of sitting around gathering dust, the Australian Labor Party-backed National Broadband network is another step closer to reality as the Senate voted in favour of an AU$11 billion for Telstra's copper network.


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The vote also approves the split of Telstra into both a retail group and a wholesale network group. The House of Representatives will weigh in on Monday - with it looking like all thumbs up from them too.


Continue reading 'Bill to split Telstra passed by Australian Senate - NBN finally?' (full post)

Apple buy HP land to expand their HQ

By: Array

HP announced a few months ago that it has planned to move out of the area in the below picture, Apple have purchased the 98 acre area of land that will roughly double their current HQ in Cupertino.


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The move helps Apple, as they're bigger than ever right now - they have hired an extra 12, 300 employees which raises their workforce to 46, 600 workers - many of them in Cupertino.


Continue reading 'Apple buy HP land to expand their HQ' (full post)

PlayStation boss Kaz Hirai set to become Sony President?

By: Array

A report out by Bloomberg is saying that Sony is looking to take the current CEO of Sony, Howard Stringer and replace him with PlayStation boss Kaz Hirai.


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Howard stepped up to the CEO plate in 2009, would keep his role as CEO and chairman but it's said that putting "fresh blood" in as "deputy" will both make Howard's job easier and give whoever gets the Deputy position a chance to shine and show they can handle the reigns of the position if he ever moves on.


Telstra to jump on the couch together with Oprah

By: Array

No, not Opera, the web browser - Oprah as in one of the most powerful women in the world, Oprah. Telstra today announced it has secured a deal with The Oprah Winfrey Show to supply network support for the live shows as well as ensuring network coverage for the show's 300 guests next month.


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Back in September, The Oprah Winfrey Show announced that it would fly 300 audience members out to Australia to film two live shows at the Sydney Opera House on 14th of December - the trip is partly paid for by a $3 million fund from the Australian Government.


Continue reading 'Telstra to jump on the couch together with Oprah' (full post)

Foxconn workers protesting poor pay according to report

By: Array

It has to suck to be a higher up manager at the Foxconn plant in China. The company has been under very close scrutiny over the last year after workers started to kill themselves by jumping off the buildings at the campus. Workers have also alleged that the factory has poor working conditions and some allege they were poisoned at work by toxic fumes.




Foxconn has reportedly been seeing protests by workers over wages they feel isn't fair. One worker has reportedly told Reuters that there were protests over the weekend with as many as 7,000 workers in the streets. The unnamed worker said, "The entire street here was filled with workers." There were perhaps six or seven thousand the worker claims that Foxconn employees are "not satisfied."


Continue reading 'Foxconn workers protesting poor pay according to report' (full post)

iiNet announce the opening of an R&D facility

By: Array

This is not something I thought an ISP in Australia would open, an R&D facility, but iiNet seem to be on a roll here, with acquisitions, customer satisfaction, products on offer and competitive pricing/allowance, they're really smashing down the walls of broadband hell that have kept this country in the dark ages of broadband for years.


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Speaking at iiNet's annual general meeting today, iiNet chief executive Michael Malone said that iiNet Labs had already commenced with new products to be available in the coming months.


Continue reading 'iiNet announce the opening of an R&D facility' (full post)

Facebook and MySpace announce data sharing agreement

By: Array

In one of the more confusing announcements of the day, Facebook and MySpace made a joint announcement today that the two "competing" sites will now be sharing data. This "Mashup" will allow people to import their likes and interests from their Facebook accounts to their MySpace accounts with "a simple one-click set-up."


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Why Facebook would exactly do this is kind of a mystery; you could call MySpace a direct competitor to Facebook if MySpace's place in the social networking limelight hadn't fizzled out a long time ago. The ability to "Like" someone on Facebook and get hooked up with their MySpace account info doesn't really appeal since most likely their last sign in date will have been in 2008 or so. Most people, including me, are figuring this is MySpace's last ditch effort at a return to relevance; hopefully this is an option that can be completely bypassed.


Qantas unveils "next-generation check-in network"

By: Array

Qantas has unveiled their next-gen check-in service which involves micro chipped smartcards replacing boarding passes and RFID to track your bags.


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The first airports to take advantage of this will be Sydney and Perth - with the latter having live trials since July. Melbourne, Adelaide and Canberra will be enabled throughout the first half of 2012.


Continue reading 'Qantas unveils "next-generation check-in network"' (full post)

Facebook breaks ground on $450 million data center

By: Array

When you've become an internet giant, having just one facility in the works just won't do anymore. While they still haven't finished building their first data center currently under construction in Oregon, Facebook has announced today they will be building a $450 million data center in Rutherford, North Carolina as well.


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That's right, Facebook will be on both coasts. The North Carolina project is expected to take about 18 months to finish once it is started and will employ 35-45 workers. Facebook has even planned for expansion, with the release also noting that "additional construction phases may be possible in the future, depending on business needs." North Carolina is quickly becoming a tech haven for the U.S., with Apple's 1 billion dollar facility almost finished there as well as Google and IBM's data centers already at work.


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