Business IT

 

3D Printing

3D printing funds needed to revive manufacturing in Australia

A prototype 3D printed house made by Chinese firm Win Sun New Materials. Proponents of the technology say it could save Australia's manufacturing sector.

Stuart Corner   12:15 AM   Australia needs to invest massively in applying 3D printing to manufacturing to compensate for the decline in traditional manufacturing.

Social Media

Revenue jumps at Twitter, but growth remains a concern

While there are more people using Twitter, the average user is refreshing his or her feed much less often.

Vindu Goel   11:06 AM   Twitter reported a jolt of growth in the second quarter, driven in part by heavy use of the service during the World Cup. However the social network faced continuing problems with existing users spending less and less time on the service.

Jobs

Everyone can be a headhunter

Rob Fanshawe is the latest online disruptor to take a tilt at the recruitment industry.

Sylvia Pennington   Technology is making it harder for traditional recruiters to keep exclusivity on the job market.

Comments 2

Growing start-up company numbers reflect small business sector confidence

Bridgette McQuillan and daughter Indigo McQuillan-Pearce.

Stephen Cauchi   A new survey has shown that the number of start-ups in Australia has jumped by 23 per cent in the second quarter of 2014, indicating strong confidence in the small business sector.

Antitrust

Microsoft targeted in apparent Chinese antitrust probe

Latest moves by China's authorities cap a rocky period for Microsoft in the country.

Philip Wen   Chinese regulators have launched an investigation into Microsoft, the company said, in the latest setback for US tech companies viewed with growing distrust by Beijing.

Electronics

With PlayStation, Sony goes back to the future in search of revival

Expanding: Sony displays the newly announced white PlayStation 4 console. The Japanese company hopes to grow a network of streamed services using the popular games and media device as a hub.

Reiji Murai   Japan's Sony is hammering out plans to rise from the ashes of nearly $US10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation.

Financial advice at your fingertips

Chris Brycki, of Stockspot, outside his office in York Street, Sydney.

Beverley Head   A new financial services start-up wants to attract $1 billion worth of funds within two years as it aims to do to financial advice what PayPal did to payments.

Deals

Google's Twitch deal a plus for YouTube

Twitch

Chris O'Brien   Google has reportedly finalised a deal to buy the game service for $1 billion and fold it into its YouTube unit.

Results

Amazon's heavy investing eats into bottom line, shares drop

Amazon continues its rapid pace of investment in new businesses.

Amazon.com posted a much larger than expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.

Apps

Volume of Apple app purchases exploding

Earnings from Apple's iTunes and software category grew by 12 per cent in the last year.

Chris O'Brien   There's been "an astronomical uptick in the purchasing of apps" over the past 12 months.

Software

How Atlassian founders became software titans

Atlassian founders Scott Farquhar and Mike Cannon-Brookes met at university and have gone on to become one of Australia’s most successful business double-acts.

Caitlin Fitzsimmons   Atlassian is the tech industry’s poster child, its founders Mike Cannon-Brookes and Scott Farquhar are proof that you don’t need to move to Silicon Valley to become billionaires.

Research

Alliance aims to boost Australian software defined networking research

The SDN Alliance is trying to connect universities' software-defined networks into a distributed test bed for research.

Stuart Corner   University research 'islands' would be connected in a distributed test bed.

Cloud

Microsoft's latest numbers explain its mega-layoffs, point to cloud

Microsoft CEO Satya Nadella says the company will no longer make Nokia phones based on the Android operating system.

Hayley Tsukayama   CEO Satya Nadella says agility is more important than scale.

Results

Facebook beats Wall Street targets off mobile ad growth

Mobile advertising revenue grew 151 per cent year-over-year for Facebook.

Alexei Oreskovic   Facebook now counts 1.5 million advertising customers and the company's ad business saw strong growth across all of its geographic regions, COO Sheryl Sandberg says.

Antitrust

EU antitrust regulators to step up Google probes

The EU has fallen under pressure to rethink its agreement with Google after industry protest.

European Union antitrust regulators are preparing to step up investigations of Google Inc's practices on several fronts and are likely to revise certain terms of a settlement involving its search engine that was proposed earlier this year.

Workplace

Emailing porn at work not automatically sackable, court finds in Australia Post case

Australia Post

Nick Toscano   The federal court has upheld a ruling that found emailing pornography in the workplace is not automatically a sackable offence.

Comments 10

Innovation

Paul Fletcher says reforms are coming to remove innovation 'blockers'

Paul Fletcher is Parliamentary Secretary to the Minister for Communications Malcolm Turnbull.

Andrew Colley   The federal government denies it’s moving too slowly on economic reforms to foster technology start-ups. Told to consider Israel example.

Comments 7

Results

Apple reports $7.7 billion profit

Even though sales of the iPad have dropped slightly, and Q3 is generally a slow period for smartphones, the iPhone has seen a bump  up in sales.

Brian X Chen   For Apple, the iPhone continues to be the gadget that makes the company tick.

Payments

Payments start-up Stripe launches in Australia

Stripe's payment platform allows online businesses to accept payments from local and international cards.

San Francisco company Stripe has launched its global payments platform in Australia, marking a first move into the Asia-Pacific region for the three-year-old payments start-up backed by a trio of PayPal co-founders.

Business

EMC targeted by activist investor

Activist investor Elliott is pushing for EMC to spin off VMware.

Elliott Management has amassed an active stake of more than $US1 billion in EMC and is pushing the world's biggest maker of storage computers to spin off its VMware unit, a person familiar with the matter said.