Steve Ballmer's deadline for the devalued $45 billion deal to take over Yahoo! passed yesterday, our time. But at the time of hitting the CDN "send" button last night, nothing had emerged from either camp. Ballmer was suggesting Microsoft will act this week with some insiders saying that Microsoft may well give the deal a miss.
Microsoft has failed to fill a three million order for its Surface tablets, shipping only 1.5 million Surface RT and Surface Pro models, according to a Bloomberg report. Despite a massive push into the tablet market, Microsoft has failed to scratch the surface with its Surface devices, it says.
No. 2 carrier Optus says it has upgraded its Australia-wide wholesale fibre network to 100Gbps, hopefully bringing faster speeds and greater capacity to high-end corporate users in Sydney, Melbourne, Canberra, Brisbane, Adelaide, Perth, and Cairns.
The future of the NSW Government's controversial Opal contactless card fare-payment system is in some doubt, after Transport Minister Andrew Constance yesterday revealed plans to trial a rival system allowing passengers to use their bank credit cards on the State's public transport network.
Microsoft's cloud-born Office 365 has become the most popular application - or in its case more properly a suite of apps - used by businesses across Australia, according to identity management company Okta.
Technology stocks soared across the board as US stockmarkets rebounded overnight. The Nasdaq composite index leapt almost 12 percent, or 194.74 points, to close at 1844.25 at 7am, Sydney time. The Dow Jones industrial average was up 936 points, or 11 percent at 9387.61. All stocks in CDN's page 4 listing carry a plus mark. Big gainers included Apple, up $13.46, or almost 14 percent, to $110.26, after a week below $100; and Google, which jumped $49.02, or 14.7pc, to close at $381.02.
Discount retailer Big W is taking on global competitors with its latest inroads into the electronic bookstore business. Big W is aiming to beat the likes of Amazon, Kobo and iTunes with its own online offering that focuses on Australian content - and to increase its sales of e-book readers and tablets.