Narcissistic CEOs more likely to behave badly: Study

12:42PM | Wednesday, 17 December 2014 | Eloise Keating

The more narcissistic a chief executive is, the more likely they are to manipulate their company’s profit figures, according to research by the Macquarie Graduate School of Management.


THE NEWS WRAP: Video journalism startup raises $6 million

12:29AM | Wednesday, 17 December 2014 | Broede Carmody

New York-based video journalism startup NowThisMedia has raised $6 million in Series C funding lead by previous backer Oak Investment Partners, TechCrunch reports.

 | Business

THE NEWS WRAP: SurveyMonkey raises $250 million

12:24AM | Tuesday, 16 December 2014 | Broede Carmody

Online survey platform SurveyMonkey has raised $250 million in equity financing, meaning the company is now worth around $2 billion.

 | Business

THE NEWS WRAP: Uber ramps up efforts against regulators

12:25AM | Monday, 15 December 2014 | Broede Carmody

Uber is ramping up its efforts to lobby regulators in the US by mobilising its users as well as a team of powerful lobbyists.

 | Business

THE NEWS WRAP: Amazon app store pulled from Google Play

12:34AM | Friday, 12 December 2014 | Andrew Sadauskas

Google has pulled Amazon’s app store from its Google Play marketplace, citing an update to its Developer Distribution Agreement.

 | Business

THE NEWS WRAP: Instagram surpasses Twitter with 300 million active users

12:44AM | Thursday, 11 December 2014 | Broede Carmody

Instagram has surpassed Twitter’s 284 million active users, hitting the 300 million mark nine months after recording 200 million users.

 | Business

THE NEWS WRAP: Samsung releases Oculus Rift-based headset in the US

12:30AM | Tuesday, 9 December 2014 | Andrew Sadauskas

Samsung has released its Gear VR virtual reality headset in the US for $US199, with the device based on technology from Oculus Rift.

 | Business

THE NEWS WRAP: War of words breaks out between Facebook's Mark Zuckerberg and Apple's Tim Cook

12:28AM | Monday, 8 December 2014 | Andrew Sadauskas

Facebook chief executive Mark Zuckerberg has responded to comments by his counterpart at Apple, Tim Cook, who recently stated that “when online service is free, you’re not the customer”.

 | Business

THE NEWS WRAP: Uber raises another $US1.2 billion at $US40 billion valuation

12:24AM | Friday, 5 December 2014 | Andrew Sadauskas

Uber has raised a further $US1.2 billion ($1.43 billion) in a new funding round, with the controversial ride-sharing service refusing to name investors.

 | Business

THE NEWS WRAP: Steve Jobs to testify in court from beyond the grave

12:38AM | Thursday, 4 December 2014 | Andrew Sadauskas

Never-before-seen video testimony of Steve Jobs is set to be played as part of a legal trial in the US.

 | Business

THE NEWS WRAP: Microsoft splashes $US200 million on email startup

12:22AM | Tuesday, 2 December 2014 | Andrew Sadauskas

Microsoft is believed to have spent over $US20 million to a startup called Acompli, which makes an email app for Android smartphones and iPhones.

 | Business

THE NEWS WRAP: Twitter now monitors which other apps you have installed

12:21AM | Monday, 1 December 2014 | Andrew Sadauskas

Twitter has added a new feature called “app graph”, which collects a list of all the other apps you have installed on your smartphone.

 | Business

THE NEWS WRAP: EU urges Google to extend ‘right to be forgotten’ globally

11:29AM | Friday, 28 November 2014 | Kye White

The European Union is calling on Google to apply the recent ‘right to be forgotten’ ruling to the rest of the world, The New York Times reports.

 | Business

THE NEWS WRAP: Sony goes for style over tech with electronic paper watch

11:20AM | Thursday, 27 November 2014 | Kye White

Sony is developing a watch made out of electronic paper for release as soon as next year in a trial of the company's new venture-style approach to creating products.

 | Business

THE NEWS WRAP: Yik Yak app raises $US62 million in latest funding round

11:27AM | Tuesday, 25 November 2014 | Kye White

Anonymous messaging app Yik Yak, a platform which is available specifically to students on US college campuses, has raised $US62 million ($A72 million).

 | Business

THE NEWS WRAP: Symantec researchers uncover spook malware’s reign of surveillance

11:15AM | Monday, 24 November 2014 | Kye White

Computer security researchers at Symantec say they have discovered a Trojan piece of malware likely built by a nation-state, which has spied on business and governments since 2008.

 | Business

THE NEWS WRAP: Twitter upgrade allow tweets to be shared as direct messages

11:22AM | Friday, 21 November 2014 | Andrew Sadauskas

Twitter has unveiled a new feature allowing users to forward tweets as direct messages as part of its latest update.

 | Business

THE NEWS WRAP: Beats Music to be bundled into iOS early next year

11:17AM | Thursday, 20 November 2014 | Kye White

As part of Apple’s revamp of Beats Music, the recently acquired music streaming service will be bundled directly into iOS.

 | Business

THE NEWS WRAP: Uber hopes Spotify deal will be music to its riders’ ears

11:19AM | Tuesday, 18 November 2014 | Kye White

Transportation network startup Uber has partnered with Spotify to allow those catching a ride with its service to select songs that will play during their trip.

 | Business

THE NEWS WRAP: Anonymous messaging app Yik Yak raises $75 million in funding

11:17AM | Monday, 17 November 2014 | Kye White

Yik Yak, an anonymous messaging platform targeting US college students, is closing in on $75 million ($A85.4m) in new financing, TechCrunch reports.

 | Business