Seek forced to conduct first redundancy program
Scrapping the loan scheme for vocational training is costing job search site Seek $8 million and forcing it into its first ever redundancy program, its chief executive has revealed.
Scrapping the loan scheme for vocational training is costing job search site Seek $8 million and forcing it into its first ever redundancy program, its chief executive has revealed.
It wasn't your early-morning brain failing to function: ABC radio really did go silent Tuesday morning.
It has been a very good day for one of Australia's wealthiest fund managers, Hamish Douglass, who lifted his net worth by more than $227 million as the sun rose on Tuesday.
The New Daily, a free news site set up by six super funds as a 'commercial venture' three years ago, has been handed over to a single parent fund and is barely profitable after three years.
Video streaming will be faster and better quality than high definition broadcasting within a decade, according to the head of media at delivery platform Akamai.
Telstra has flagged better returns for shareholders thanks to more than $10 billion it will get from the government-owned company rolling out the NBN.
Free-to-air TV networks should get first crack at the rights to stream big sporting events on the internet as well as on television, Seven West Media is arguing
Nine Entertainment has come close to a first strike against its remuneration report as shareholders railed against the high pay awarded to executive and non- executive directors.
Nine Entertainment Company's chief executive has warned of a "short and difficult to predict" advertising market, and instead highlighted to shareholders the company's other sources of revenue at the annual general meeting today.
As it became clear that Donald Trump would defeat Hillary Clinton to win the presidential election, a private chat sprang up on Facebook among several vice presidents and executives of the social network.
Singapore Telecommunications will "vigorously defend" a $326 million tax bill it received last week from the Australian Tax Office, dating back to its acquisition of Optus in 2001 for $17.2 billion.
The rights to English Premier League soccer delivered 107,000 new customers to Optus in the three months to September 30.
Many journalists did stories about Americans' anger, but we did not take them seriously.
Chairman Michael Miller says the publisher will look at resourcing, processes and the possibility of redundancies to achieve $40 million in cost cuts.
Government-owned broadband company NBN Co has increased quarterly revenues to $181 million and is meeting its roll out and revenue targets, management revealed on Tuesday morning.
Listed property site REA Group has increased earnings in the first quarter of the financial year, despite a drop in the number of properties for sale, particularly in Sydney and Melbourne.
NBN Co is matching telcos' marketing dollars in a bid to increase broadband take up and get more Australians using faster speeds.
The government's media reforms still does not have Labor and Greens Senators' support despite the industry completing another round of consultation and inquiry.
Local journalists and camera operators will be hired to produce nightly news bulletins for regional areas in Victoria, New South Wales and Queensland, in a joint venture by Channel Nine and Southern Cross Austereo.
Canberra will be the first ratings battleground when Southern Cross Austereo launches 15 local Nine News bulletins in regional markets.
In news that will tickle the hearts of middle-aged science fiction fans, who may have dreamed of having a television in their pockets as children, a new television app launches on Monday.
Bring-you-own-phone mobile service provider Amaysim has reached 1 million customers since launching in Australia six years ago.
Automated technology including ''robot cameras'' is potentially taking the jobs of ABC staff in its Parliament House bureau.
Fairfax Media's revenue so far this financial year is below last year but better than the company expected, according to a trading update on Thursday.
More than 1 billion people access the social network through their smartphones now every day. But there's a limit to how many ads the social network can put in front of them.
Prime Media expects to see net profits of up to $16 million this half, thanks to an advertising revenue boost from the Olympics and strong pre-Christmas advertising.
Music streaming service Guvera has left former employees thousands of dollars out of pocket after failing to pay severance or entitlements to staff from its North America and South America business.
The video game designers who gave birth to the hit Call of Duty franchise are finding it's hard to outgun their own creation.
Up to 8 million Australian households will be subscribing to either Netflix or Stan in coming years, with the Australian-owned streaming service expecting to turn a profit by early 2018.
Twitter said on Thursday it would cut 9 per cent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations.
A free independent guide from SMH with expert information.
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