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Telstra to terminate Kogan Mobile customers

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UPDATE 20/08: Kogan Mobile have responded. The end is near for Kogan Mobile Customers. After the recent news that ispONE has terminated their contact with Telstra, a statement has been released by Telstra stating how they’ll be closing off the remaining services. Aldi Mobile, one of the other resellers of ispONE will be continuing their services as a direct customer due to a deal made between the two companies. Due to […]

ispONE appoints Administrators and cancels Telstra contract

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Telstra Wholesale Services provider, ispONE has appointed resellers and have cancelled the contract to resell Telstra services. ispONE providers 280,000 prepaid services is currently in court with Telstra in regards to unpaid invoices. According to the Financial Review, the Federal Court dismissed the case between ispONE and Telstra which also dissolved the injunction placed to stop Telstra from cancelling the prepaid services. The cancellation of the Telstra contact will directly affect […]

Why Sony was right in rejecting Dan Loeb’s proposal

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Image: Steve.M~ (Flickr/Creative Commons) Sony’s struggles have been widely recounted as it attempts to maintain relevance in a two speed consumer electronics space where hardware is becoming increasingly commoditised, and software and services increasingly more exclusive. Dan Loeb of Third Point – a hedge fund which owns an almost 7% stake in Sony – has been vocal in suggesting changes for the fledgling company, and as arguably Sony’s most prominent […]

ispONE Wholesale customers are safe… for now

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ispONE, the company who provides mobile services for over 280,000 customers are currently the largest (and only) wholesale provider for the Telstra 3G network. However, the company is involved in a legal dispute with Telstra over unpaid invoices and may take down 280,000 mobile services with it. ispONE acts as an intermediary between Telstra and resellers such as Kogan Mobile and Aldi Mobile. Telstra is claiming that ispONE have unpaid invoices […]

Hackagong 2013 – Winners Announced

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Hackagong, a Wollongong based Hackathon ran over the weekend where teams of developers, designers and entrepreneurs get together and hack out a solution to a problem they’ve identified. In an intense weekend of designing, programming, testing and prototyping, 150 participants in 34 teams had just under 30 hours to present their creation to judges to be in the running for over $32,000 worth of prizes. At the conclusion of the Hackathon, notable judges […]

BitCoin exchange Mt. Gox ends relationship with Technocash

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Australian BitCoin holders with accounts with Japanese-based BitCoin exchange Mt. Gox will no longer be able to deposit and withdraw cash in Australian Dollars from June 15 through Technocash, after its local money-transfer partner was linked to one of the biggest global money laundering schemes. “After some deliberation and discussion with Technocash, an Australian service for Mt. Gox customer account funding and withdrawals, it has been decided that our customers […]

Yahoo eyes Tumblr – but will it acquire it?

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According to anonymous sources talking to AllThingsD, Yahoo is rumoured to be negotiating a deal for either a strategic alliance, a small investment in the company, or even a complete buyout of the blogging platform Tumblr – all because they want to become “cool again”. AllThingsD reports that CEO Marissa Mayer has been interested in the service for some time, and has met with its top executives, including its CEO and founder David […]

Microsoft, Apple, Adobe face the IT pricing inquiry – the TL;DR version

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Image: Mark Pegrum/OzMark17 via Flickr (Creative Commons) Adobe, Apple and Microsoft faced the IT pricing inquiry today, after they were subpoenaed to face the committee after they were stonewalling proceedings. It has been a really long day, and so we’ve decided to condense everything down into this little handy post. Think of it as your TL;DR version of the entire event. The main points: Apple says that the reason why there […]

Round – An Australian start-up set to change online payments

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For those in online business, accepting Credit Cards can be be a costly and long process. With all the paperwork, checks and hoops you need to go through, it almost seems not worth it. However, an Australian start-up is determined to change that. Round will offer a very similar service to Stripe, a US payment processor. Round provides the gateway and API for you to accept payments through your online […]

Websites under strain as Click Frenzy becomes a failure

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Well, that was anticlimactic. The event Click Frenzy, which has been touted as Australia’s version of the Cyber Monday event across online retail, has become a disaster. After the 7pm start, the entire website manage to crash and other retailers are feeling the strain. Kogan, Dick Smith and Myer are some of the sites we visited, and both have managed to be taken down due to the stress at the […]

Australian retailers launch ‘Cyber Tuesday’, kicks off tomorrow at 7pm

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Tomorrow, several Australian online retailers are partnering up in order to create a “Cyber Monday”-style event. Called Click Frenzy, for the next 24 hours from Tuesday, November 20 at 7:00pm AEDT many online retailers will be putting up special deals. But how big or little the deals are, well that’s a different story. Some retailers that have signed up include: Myer, Toys R Us, Dan Murphy’s, Dick Smith, Jeanswest, The […]

Dick Smith sold for $20m as Woolworths dumps electronics business

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Consumer electronics retailer Dick Smith Electronics has a brand new owner in a deal worth $20 million after Woolworths has announced that it will be leaving the consumer electronics business in Australia, New Zealand and India. “We announced the Company’s strategic priorities in November 2011 which included a review of our portfolio of assets, particularly our participation in the consumer electronics category, with a view to maximising shareholder value,” said […]

WSJ: Groupon investors jumping ship as stock price plummets

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Early investors of deals website Groupon are reportedly jumping ship as the company struggles with a plummeting share price and is now worth a quarter of what it launched its IPO back in November, according to the Wall Street Journal. The report claims that at least four investors who held stock before the IPO have sold or reduced their holdings significantly in recent months. Andreessen Horowitz, co-founded by Netscape’s Marc […]

Motorola sacks 20% of employees as Google steps in to make it profitable

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Motorola will be sacking 20 percent of its global workforce – or 4,000 employees – as Google tries to bring the struggling Android manufacturer to profitability, after purchasing it for US$12.5 billion last year mainly because of its patents. In a filing, Google said that the sackings were to “return [it]’s mobile devices unit to profitability,” adding that, “Investors should expect to see significant revenue variability for Motorola for several […]

Yahoo shocks with CEO announcement, takes Marissa Mayer from Google

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Image: Magnus Hoij/Flickr (Creative Commons) In a shock announcement, Google’s Marrissa Mayer is officially Yahoo’s new chief executive officer and president. She will start work tomorrow, leaving her role as Google’s Vice President of Search and User Experience, where she was in charge of services like Google Maps and Google Earth. Mayer will become Yahoo’s fifth CEO in five years, and Scott Thompson, who left the company in May just […]