Bloomberg News
News and interviews on Bloomberg including trends, features, blogs and community conversations from an Australian business perspective.
10 key investment themes of the wealthyMonday, 06 December 2010
For many of the world's billionaires, 2010 has been another difficult year. ...
Google changes algorithm after eCommerce site found to have abused customers to gain top SEO ranking
Friday, 03 December 2010
Internet giant Google has been forced to change its secret ranking algorithm after a website operator in the United States used negative reviews and spam comments to push his site to the top of results pages. ...
Google to open new eBooks store
Friday, 03 December 2010
Internet giant Google is set to introduce a new eBooks store in the US and internationally by next year, Bloomberg is reporting. ...
BlackBerry tablet to cost under $500
Friday, 12 November 2010
Research In Motion chief executive Jim Balsillie has said in an interview the company's upcoming PlayBook tablet will cost under $US500. ...
The mogul who couldn’t beat Google
Wednesday, 10 November 2010
Few entrepreneurs would think that taking on Google is the smartest way to make money. But US media mogul Barry Diller thought he could do it. ...
Warren Buffet’s Berkshire Hathaway posts a loss, but improving operating earnings give hope for US economy
Monday, 08 November 2010
Warren Buffett's investment giant Berkshire Hathaway has posted its second straight quarterly loss, with the company's derivatives trading arm again dragging the rest of the giant conglomerate down. ...
Rates expected to remain on hold
Tuesday, 02 November 2010
The RBA is expected to deliver a Melbourne Cup day win to home owners around Australia by leaving interest rates on hold for the sixth straight month. ...
Banks go on the attack as Senate approves banking inquiry
Friday, 29 October 2010
Banking chief Mike Smith has slammed independent and Opposition senators who have succeeded in their bid to launch an inquiry into the banking sector, despite angry protests from the big four banks. ...
Banking competition must increase
Friday, 29 October 2010
ANZ chief executive Mike Smith doesn’t get it. Why do we need an inquiry in to the banking sector, he wonders? ...
Meet the man most likely to become Warren Buffett’s successor
Wednesday, 27 October 2010
Two days ago, Todd Combs was a little-known fund manager running a little-known investment fund in Greenwich, Connecticut. ...
How Apple helped one couple boost the value of their home from $US6,000 to $US1.75m
Thursday, 07 October 2010
A North Carolina couple has sold their house to tech giant Apple for $US1.75 million after the company said it needed the land for its new data centre. ...
Apple fights $US625 million patent infringement payout
Wednesday, 06 October 2010
Computer giant Apple is fighting a court order to pay $US625 million to a software company that claimed Apple had infringed three patents on technology used in its iPod, iPhone and Mac computers. ...
The imprisoned entrepreneur
Wednesday, 29 September 2010
It is only a few months since Huang Guangyu, who was once anointed China's richest man, was sentenced to 14 years in jail after being convicted of bribery, insider trading and illegally buying foreign currency in a Beijing court. ...
Facebook plan Android-based phone release
Monday, 27 September 2010
Social networking giant Facebook has reportedly teamed up with mobile manufacturer INQ to release an Android-based phone that will hit European shelves in 2011. ...
Fragmented futures
Monday, 27 September 2010
Post election rear vision analysis presents a very fragmented and divided scene with competing political tribal leaders conspiring to produce an uncertain future. ...
Blockbuster files for bankruptcy in US but local owner says Australian business is safe
Friday, 24 September 2010
After months of speculation, movie rental chain Blockbuster has finally filed for bankruptcy in the United States, with the company crushed under huge debt and an emerging trend towards online rentals and digital distribution. ...
Apple to launch new marketplace for newspapers and magazines, reports claim
Tuesday, 21 September 2010
New reports suggest Apple is planning to create a new marketplace that would allow publishers to sell subscriptions for both magazines and newspapers in a structure similar to the existing App Store. ...
Warren Buffet says US won’t drop into double-dip recession
Wednesday, 15 September 2010
Investment guru and billionaire Warren Buffett has injected a shot of much-needed optimism into the American economy, telling a summit he is a "huge bull" regarding the country's current economic climate and does not expect a double-dip recession. ...
Fresh claims of property bubble off the mark, experts say, as auctions remain steady
Monday, 13 September 2010
Local property experts have cast doubt on two new reports suggesting Australia mortgage lending is out of control and we are heading towards major price shifts, instead saying current levels of lending are sustainable and a balanced "correction" in some areas ...
Obama announces $US50 billion in new spending to kick-start US economy
Tuesday, 07 September 2010
The Obama administration will spend $US50 billion over six years to construct and maintain roads and railways in a massive infrastructure project designed to kick-start the country’s economy and lower unemployment, which still remains at a shocking 9.6%. ...
