Business

ACCC cracks down on 'misleading' NBN speed claims

Tensions are building between consumers and telcos over download speeds, particularly during peak evening periods.

Telecommunications companies are misleading customers over broadband internet speeds and the worst offenders will likely face prosecution over dodgy advertising by the end of the year, the consumer watchdog says.

Approve Sky deal, or Britain gets hurt, Murdochs warn

In 1983, 90 percent of American media were owned by 50 companies. Now that proportion is owned by just six, including ...

Rupert Murdoch's 21st Century Fox has warned that any delay in approving its $19.2 billion acquisition of pay TV company Sky would signal to other companies that the UK wasn't "open for business" as the country leaves the European Union.

Audi ad comparing women to used cars in China backfires

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An Audi commercial that aired in theatres and online in China is drawing ire for comparing women to used cars - another bump in the road for the German automaker, which has seen its sales by a third in its former growth market.

Billionaire bickering over Ten laid bare in court

Rupert Murdoch, co-chairman of Twenty-First Century Fox Inc., left, and Lachlan Murdoch, co-chairman of Twenty-First ...

Legal action by Ten's administrators this week has unearthed two letters from its billionaire shareholders' advisers that resulted in the board calling in corporate undertakers to manage the television network and put it up for sale.

Village Roadshow backs anti-piracy tech

Village Roadshow is waging an ongoing war against piracy.

Village Roadshow and its co-executive chairman have jointly invested $1.5 million in Linius Technologies, a firm whose primary product makes digital video files easier to manipulate.

Vocus receives second $2.2b takeover offer

Vocus owns a lot of fixed fibre optic infrastructure around Australia.

Australia's fourth-biggest telco, Vocus Group, has received a second takeover offer of $3.50 a share as Asia-based private equity firm Affinity Equity Partners entered the fray.

Appco suing Seven over Sunday Night program

A still from <I>Sunday Night</I>'s program on Appco.

Marketing agency Appco Group is suing Seven Network for malicious falsehood over an expose alleging the fundraising organisation retains more than a fair share of money it collects on behalf of charities, according to documents filed with the Federal Court.

Murdoch and Gordon test out bid for Ten

Rupert Murdoch, centre, and his sons, Lachlan, left, and James Murdoch.

Two of Ten Network Holdings' billionaire backers, Lachlan Murdoch and Bruce Gordon, have lodged a proposal to jointly bid for the troubled broadcaster with the competition regulator.

Fairfax pushes on with 'Plan A'

 Fairfax Media shares dropped 17 per cent on opening to 91.5 cents, then stabilised to close at 98.5 cents on Monday.

Fairfax Media will continue with its plans to float and keep a majority stake in online real estate business Domain, after two unsolicited bids from US private equity firms melted away over the weekend.

PPB trussing up Ten for sale for CBA

Lachlan Murdoch and Bruce Gordon pulled financial support for the company last month, telling Ten they would not support ...

PPB Advisory will start spruiking Network Ten to potential buyers on behalf of the Commonwealth Bank of Australia after the lender officially appointed the firm as receivers on Saturday morning.

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