India stories
Rakon slashes full-year earnings forecast to USD $8-12 million, down from USD $14-16 million, due to delayed sales and thinner margins; shares drop 2.4%.
A sluggish first half saw Rakon's six-month loss widen to USD $3.96M, with falling revenues and rising expenses. Shares dropped 4.4% to 43 cents.
PC-maker records growing sales to defy struggling PC market, becoming the number one vendor in the laptop industry.
Rakon to cut 60 New Zealand jobs, shifting manufacturing to China and India to cut costs and improve profits by NZD $10 million annually.
Woolworths offloads its Dick Smith electronics chain to Anchorage Capital Partners for AUD $20 million, sharpening its focus on core supermarket operations.
Facebook, Google, and other major internet firms will permanently switch to IPv6 at midday NZT today, marking a pivotal step in global internet infrastructure.
Kiwi start-up LiveLink secures NZD $350,000 from IceAngels and NZ Venture Investment Fund to expand their digital marketing platform internationally.
Reporters Without Borders adds two countries to 'worst offender' list on fourth annual World Day Against Cyber Censorship.
Optimizer HQ debuts Texta, a cost-effective SMS marketing tool for SMEs, priced at just NZD $0.04 per text. Free setup, two-way messaging, and no contracts.
Dunedin's Aerograph and Mosgiel's TracMap are finalists in the Global Security Challenge APAC final in Sydney, vying for USD $500,000 in prizes.
Wellington's Jack Yan and Associates is among the first globally to feature the rupee symbol in its font range, reflecting India's economic potential.
Independent analyst Ovum forecasts Asia-Pacific business software market to soar to USD $46bn this year, driven by mobile tech and cloud computing.
Ovum reports 2009 as the telecoms industry's worst year in a decade, but predicts a revival in 2010 with robust mobile sector growth.
SAP's Business ByDesign won't hit New Zealand until late 2011, citing localisation needs for HR payroll and finance modules, says spokesman.
SAP unveils feature pack 2.5 for its Business ByDesign suite, now available in six countries, and introduces three new starter packages to boost adoption.
CA Technologies appoints ex-Sun president Lionel Lim as President of Asia Pacific, aiming to bolster business across key APAC regions from August 30.
A new recycling scheme in New Zealand offers between NZD $1 and NZD $512 for old mobile phones, aiming to reduce landfill waste and aid developing countries.
The company has reported record sales and new customer acquisitions in all regions during the first quarter of 2010.
Microbe NZ rapidly expands its reseller network, aiming to double to 600 within a year, as its eScan security product garners robust market interest.
As it announced that it now has more than 350 million members, leading social network Facebook also told users it was improving its privacy standards.
