Business IT



Bitcoin businessman arrested

Mark Karpeles, chief executive of Mt Gox, formerly the world's leading bitcoin exchange.

Yuri Kageyama 6:58 PM   Head of failed bitcoin exchange Mt Gox arrested on suspicion of inflating his cash account by $US1 million.


Microsoft's $7.5 billion Nokia lesson

Microsoft's bet on Nokia appears to have been a catastrophe.

James B. Stewart 6:22 PM   Microsoft's acquisition of Nokia was meant to support Windows. Now it appears worth close to zero.


Twitter sales exceed analyst estimates, shares climb

Recent  moves are giving Twitter some time to solve its underlying problem: It's much smaller than the competition.

Sarah Frier   Interim CEO Jack Dorsey highlights three key areas for improvements as Twitter posts shock numbers.


Blackberry lays out a new strategy

Blackberry CEO John Chen. The company has made a series of acquisitions as it looks to transition from phones to software, although Chen says the phone business could still be made profitable.

BlackBerry has showcased a suite of security products that safeguard everything from medical devices to Hollywood movie scripts, though its CEO acknowledged that his effort to move from smartphones remains a work in progress.

CEO worth $1 billion but lives in a trailer park

Tony Hsieh’s unconventional move came as no surprise to those close to him.

Peter Holley   With a net worth of $US840 million, Tony Hsieh could have a Caribbean island or a palatial estate overlooking an ocean vista all to himself. Instead, the chief executive has set down roots in a less exclusive locale: a dusty Las Vegas trailer park.


Comms chief out as Twitter seeks a new message

Comminications chief Gabriel Stricker appears to have left Twitter involuntarily.

Vindu Goel   Gabriel Stricker has left Twitter, the first high-level management change under temporary CEO Jack Dorsey.


Samsung firm removes online cartoons after accusations of anti-Semitism

Paul Singer, founder of hedge fund Elliott, has been in a dispute with Samsung over a proposed takeover deal.

Samsung C&T's battle with US hedge fund founder takes a nasty turn as company comes under fire from Jewish organisations.


Brits can now use Apple Pay in shops, train stations

Customers use Apple Watches to pay fares in the London Underground.

Eric Auchard   Apple introduced mobile payments in Britain on Tuesday, hoping to make a splash with consumers familiar with using cards for tap-and-go purchases, as resistance from hold-out banks and stores appeared to evaporate.

Comments 7

Food truck company maps new routes to customers

Vanchise owner Val Burns is on the road to more customers with Tasty Fresh Food Co IT manager Doug Newnham.

Stuart Corner   Nearmap is opening up new roads to business.


The best messaging service you're probably not using

Diehard: On iMessage I would silently judge you if your speech bubbles were green and not blue.

Peter Wells   Telegram is my favourite cross-platform chatting client. But what is the point of a great chat service if none of your friends are there?

Comments 53


On-demand home cleaning in a Whizz

Cleaning up: Whizz founders Adam Abrams, Julian Tobias and Mark Bernberg.

Beverley Head   With Spring approaching, Mark Bernberg wants to Whizz in your pool.

Comments 1


Next Mark Zuckerberg is not who you might think

Is this what a successful start-up founder looks like? Rarely, some investors say.

Claire Cain Miller   How start-up investors are broadening their horizons in hopes of funding the next big thing.

Comments 3

Aussie mine set to become source of almost magical material graphene

The CEO of Valence Industries, Christopher Darby.

Bennett Ring   An Australian mine is at the forefront of producing a magical material that could revolutionise the way we make everything around us.

Comments 27

Twitter risks losing sight of who its most valuable users are

Twitter latest moves are putting at risk its loyal user base.

Peter Wells   In recent weeks, Dick Costolo stepped down from his role as Twitter chief executive officer, leaving Twitter's original founder, Jack Dorsey, as interim chief. Costolo's swan song is Project Lightning, a curated news and media service, designed to highlight breaking news and events in a beautiful new layout and story mode.

Comments 8

Lack of progress in Silicon Valley diversity push

Silicon Valley is having to confront some of its cultural flaws, Twitter included.

Mike Isaac   Despite the self-effacing messaging, big US tech firms are failing to make measurable progress in the gender and racial diversity of their employees.

Apple's iPhone preparing to drop a key feature

iphone mockup

Tim Biggs   It's been the centrepiece for the iPhone's operating system since its 2007 debut, but Apple may be planning to drop the Home button from future models, according to a report.

Comments 46


Twitter to Jack Dorsey: you're not our next CEO

'I'm Square CEO': Dorsey's prior commitments make him an unlikely choice for Twitter's next honcho.

Paresh Dave   It seems obvious, but Twitter's board of directors isn't interested in chief executive candidates who can't give 100 per cent to the San Francisco microblogging service.


Slack: a true email killer?

Slack icon.

Peter Wells   Out of nowhere, Slack has become the default chat program for the world's coolest companies. Thanks to a generous amount of features on the free tier, and word of mouth from it's passionate users, Slack is experiencing hockey-stick growth. Now, like Dropbox before it, the platform is sneaking its way into the enterprise. But what the hell is Slack?

Comments 36


Stephen Elop, former Nokia CEO, to leave Microsoft

Stephen Elop with a Lumia smartphone in 2013.

Stephen Elop, the former top boss at phone-maker Nokia, is one of four high-level executives leaving Microsoft Corp as the company sharpens its focus on software services and the cloud.

The man who tried to save Nokia with this memo

SELFIE: Stephen Elop introducing the Nokia Lumia 930 mobile phone in April.

Stephen Elop   There is a pertinent story about a man who was working on an oil platform in the North Sea. He woke up one night from a loud explosion, which suddenly set his entire oil platform on fire. In mere moments, he was surrounded by flames. Through the smoke and heat, he barely made his way out of the chaos to the platform's edge. When he looked down over the edge, all he could see were the dark, cold, foreboding Atlantic waters.