Optus buys Seven's Vividwireless
THE Seven Network has moved to offload its broadband subsidiary Vividwireless to Optus for a cash consideration of $230 million.
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Online sales click for Telstra
ONLINE sales at Telstra are soaring as the telco's push to increase transactions through the web races ahead of schedule.
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LG Electronics has new Australian boss
LG Electronics has named Deok Hyeon Moon as managing director for Australia and New Zealand.
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China firm seeks $US2bn from Apple
THE company that claims it owns the iPad brand name in China wants Apple to pay up to $US2 billion for naming rights.
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Single atom transistor breakthrough
AUSTRALIAN researchers say they have made with pinpoint accuracy a working transistor consisting of a single atom.
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Volcanoes used to power the cloud
ICELAND has turned to the internet and its own natural resources to recover from the country's banking collapse.
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Apple maker hikes wage in China
FOXCONN Technology says it has raised wages by up to 25 per cent in the second major salary hike in less than two years.
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Woolworths unveils virtual supermarket
WOOLWORTHS has unveiled a virtual supermarket in Sydney which lets customers buy groceries with their mobile phone.
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Former Google CEO to offload shares
FORMER Google CEO Eric Schmidt plans to sell up to 2.4 million shares of stock currently worth nearly $US1.5 billion ($A1.39bn).
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Mobile users opt for news on the go
LAST year, the number of average daily unique browsers using their mobiles to access the internet surged 83.9 per cent.
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