The News Wrap


NEWS WRAP: Microsoft confirms up to 18,000 jobs will go in ‘realignment’ of workforce

7:16AM | Friday, 18 July 2014 |  Microsoft chief executive officer Satya Nadella has confirmed the company will shed up to 18,000 jobs in the next year.

THE NEWS WRAP: Early-stage investor 500 Startups teams with SeedInvest for new $100 million public raising fund

6:23AM | Friday, 27 June 2014 |  Early-stage investor and accelerator 500 Startups is using public fundraising for a new $100 million fund.

THE NEWS WRAP: Victorian government follows NSW lead with crackdown on Uber drivers

5:27AM | Friday, 9 May 2014 |  The Victorian government has been issuing $1700 fines to Uber ride-sharing drivers.

THE NEWS WRAP: Google acquires restaurant web tech business and systems infrastructure startup

5:24AM | Thursday, 8 May 2014 |  Google has bought Appetas, which is a website builder for restaurants, and systems infrastructure startup Stackdriver.

THE NEWS WRAP: Chinese e-commerce powerhouse Alibaba gets ready to float

5:45AM | Wednesday, 7 May 2014 |  Chinese e-commerce giant Alibaba has filed to go public in what could be the largest US initial public offering ever.

THE NEWS WRAP: Amazon turns Twitter into a shopping cart

5:19AM | Tuesday, 6 May 2014 |  Amazon is giving English and American customers the chance to shop without leaving Twitter.

THE NEWS WRAP: Google denies AdSense bans on money-making publishers

5:33AM | Monday, 5 May 2014 |  Google has denied allegations that it banned a large number of web publishers from its AdSense advertising system because they were making too much money.

THE NEWS WRAP: When Foursquare becomes two

5:28AM | Friday, 2 May 2014 |  Foursquare will launch a new app called Swarm, which it says will provide users with a social heat map with which to locate friends and services.

THE NEWS WRAP: Twitter posts 119% year-on-year revenue jump

4:42AM | Wednesday, 30 April 2014 |  Twitter released its 2014 results this morning with revenue reaching $250 million for the period, up 119% on a year-over-year basis.

The News Wrap: Telstra set to roll out fibre-to-the-node pilot for NBN

3:33AM | Monday, 31 March 2014 |  Telstra looks set to have a big role in the construction of the national broadband network, with negotiations on a fibre-to-the-node pilot due to be completed within a month.