IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Rod Drury stories - Page 2

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NZ shares rise as Xero cracks $5 billion value
Sat, 11th Jan 2014
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accounting systems
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digital banking
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xero
New Zealand shares rose, led by Xero on optimism more investors will focus on the cloud-based accounting firm's growth potential.
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Xero doubles first-half losses in quest for global domination
Fri, 22nd Nov 2013
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accounting systems
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digital banking
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xero
Xero, the cloud-based accounting software company that's now the second-biggest listed company more than doubled its first-half loss as it continues i.
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Xero seeks New Zealand leader
Fri, 15th Nov 2013
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accounting systems
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digital banking
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xero
Online accounting software company Xero is creating a new position of New Zealand Managing Director to look after its fast growing business in New Zea.
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'Proud' Xero creates hundreds of hi-tech NZ jobs
Tue, 12th Nov 2013
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accounting systems
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digital banking
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xero
Xero expands in Wellington, creating hundreds of hi-tech jobs, as CEO extols city's talent and diversity for global growth.
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Xero becomes $3 billion company
Fri, 18th Oct 2013
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accounting systems
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digital banking
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xero
Fresh from raising NZ$180 million of new capital from a range of US and New Zealand investors this week, cloud accounting firm Xero has become a $3 bi.
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Xero raises NZ$180m for global growth
Mon, 14th Oct 2013
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accounting systems
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digital banking
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xero
Company raises new capital from a range of US and New Zealand investors, including existing shareholders Matrix Capital Management and the Peter Thiel.
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Xero shares halted pending outcome of capital raising
Sat, 12th Oct 2013
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accounting systems
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digital banking
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xero
Shares in cloud-based accounting software developer Xero have been halted pending the outcome of a capital raising.
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Recruiting Xero hits 200,000 customers
Fri, 30th Aug 2013
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microsoft
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accounting systems
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digital banking
Company hits 200,000 customers, closes new channel deals and appoints three new executives - one of which was previous Microsoft New Zealand CTO.
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Xero writes off $700k by ending Xero Personal…
Wed, 28th Aug 2013
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accounting systems
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digital banking
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xero
CEO Rod Drury reveals the company is discontinuing Xero Personal, the personal finance software, late next year - writing off $700,000 in the process.
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Drury claims zero US interest in Xero data
Fri, 23rd Aug 2013
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accounting systems
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digital banking
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xero
Following growing customer concern regarding US access to cloud data, Xero CEO Rod Drury moves to allay the fears, insisting no access has been reques.
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Govt CTO? Yes or No?
Fri, 26th Jul 2013
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accounting systems
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digital banking
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ict
If you could make one change to improve the relationship between the New Zealand government and Kiwi businesses, would recruiting a Chief Technology O.
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Sam Morgan trims holding in Xero to below 5%
Fri, 21st Dec 2012
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trade me
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retailers
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ndi
Trade Me founder trims his holding in Xero, taking advantage of a share price that has soared by 179 percent this year.
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US investors pour $82M into Xero
Mon, 3rd Dec 2012
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accounting systems
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digital banking
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shares
Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million.
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Free stuff! From, er, Dotcom: Don’t believe everything you read
Tue, 13th Nov 2012
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mega
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megaupload
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africa
Kim Dotcom, everybody’s favourite internet tycoon, is making all the sorts of noises that the public at large like to hear.
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Dotcom to 'reboot' Pacific Fibre plan
Mon, 5th Nov 2012
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mega
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megaupload
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pacific fibre
Kim Dotcom aims to revive Pacific Fibre's vision, connecting NZ to the U.S. with an undersea cable via his new website Me.ga.
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Xero seeks short-term cash cover
Tue, 9th Oct 2012
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accounting systems
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digital banking
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wellington
The cloud accounting software firm expects to make more losses in its push to become a global player and may raise more cash to pay for those plans.
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Xero introduces online invoicing
Mon, 1st Oct 2012
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accounting systems
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digital banking
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xero
Small business accounting software provider changes the accounting game with the addition of online invoicing.
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Does Pacific Fibre still have a business case?
Mon, 6th Aug 2012
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pacific fibre
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ndi
Pacific Fibre's 12,950km cable project faces funding woes, yet experts see a business case if adequate financing is secured.
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Second fibre connection to the world cancelled
Thu, 2nd Aug 2012
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pacific fibre
The company behind New Zealand's proposed second Fibre Optic connection to the rest of the world has pulled the plug.
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Labour questions UFB prospects after Pacific Fibre closure
Thu, 2nd Aug 2012
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broadband
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chorus
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labour party
After Pacific Fibre closure, Labour doubts future of NZ's broadband, impacting economic promises and competition in fibre pricing.
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Xero's fear over gov privacy plans
Mon, 23rd Jul 2012
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data centre operators
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government
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privacy
Xero battles Gov's plans for wider access to off-shore data, fearing privacy breaches for its users.
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Xero enters NZX 50
Mon, 18th Jun 2012
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saas
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accounting systems
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digital banking
Xero, the Kiwi cloud accounting firm, proudly steps into the NZX 50, marking a milestone in its journey since its 2006 inception.
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Xero doubles revenue, customers
Sun, 27th May 2012
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accounting systems
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digital banking
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xero
Xero's revenue and customers double, yet losses inch up due to growth expenses. The firm's aggressive expansion strategy shows promise.
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Five big UFB turn-offs
Thu, 24th May 2012
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broadband
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government
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chorus
The top reasons why the 'if you build it, they will come' strategy won't work for the Ultra Fast Broadband network.