Investment stories
TradeMe founder Sam Morgan has led a $2.5 million investment round in the Auckland-based social game company SmallWorlds.
New Zealand's economy contracted in September, with large firms' profits falling sharply and business confidence turning negative, says NZIER.
Xero has invested NZD $200,000 for a 15.9% stake in Max Solutions to fund the development of a New Zealand-specific tax lodgement system.
NZICT launches a competition to educate SMBs on harnessing technology, offering up to USD $10,000 in ICT goods, services, and consultancy.
Telecom evaluates shortlist for Ultra-fast Broadband initiative, remains open to partnership after not being named on list. Shares fall 6%.
New Zealand's Ace Training and Need A Nerd have partnered to offer comprehensive tech solutions, combining expert support with tailored training for SMEs.
Telcoinabox invests USD $2 million to centralise its support operations in Sydney, aiming for a 25% increase in service providers and greater efficiency.
The Interactive Advertising Bureau of New Zealand (IABNZ) has said that online advertising spend has seen healthy growth in Q1, 2010.
Juniper Networks strengthens its New Zealand operations with three strategic hires, aiming to boost service quality and address local data centre challenges.
In tough times, stretching IT life cycles can backfire, leading to higher costs. Learn how to optimise IT investments at Maclean's upcoming CFO-focused events.
Cisco is axing its 13-month-old hosted email service, Cisco Mail, as customers shift focus to emerging collaboration tools like social software and video.
Microsoft is investing millions to open a tech centre in Russia, partnering with local universities to boost innovation and support start-ups at Skolkovo.
CIOs must address CEO concerns such as long-term sustainability, cost efficiencies, and fading confidence, according to Gartner's recent analysis.
Xero secures NZD $4 million from Peter Thiel to fuel its US expansion, with Thiel joining the US Advisory Board to challenge Quickbooks.
Google's Q3 financials reveal a robust 23% revenue surge, hitting USD $7.29 billion. CEO Eric Schmidt credits core and new businesses for this growth.
Nokia Siemens Networks invests GBP £4 million in OpenCloud to integrate its telecom software, boosting innovation and growth in convergent services.
Cloud services are transforming disaster recovery. To build a robust back-up plan, consider network bandwidth and seeding backups, plus offsite storage.
Telecom has settled with the Commerce Commission for USD $1.6 million after complaints from Vodafone and Orcon about anti-competitive behaviour.
Businesses often overlook the strategic value of IT, seeing it as an expense rather than a driver of reliability, capability, and capacity.
AOL is reportedly finalising a deal to sell social network Bebo to Criterion Capital Partners, two years after buying it for USD $850 million.
