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THE NEWS WRAP: Coles records 15th consecutive quarter of same-store sales growth

3:02AM | Friday, 15 March

Wesfarmers-owned retail giant Coles has recorded its 15th consecutive quarter of same-store sales growth, along with a 5% growth in second quarter sales to $7.71 billion.

Facebook set for two further start-up acquisitions

5:44AM | Wednesday, 30 May

Facebook’s disappointing debut on the Nasdaq doesn’t appear to have dampened the company’s spirits, with reports circulating the social media giant is about to make two more acquisitions.

THE NEWS WRAP: Australia has “wasted” $200 billion in mining boom proceeds: Report

5:18PM | Tuesday, 29 May

Australia has “wasted” around $200 billion in proceeds from the mining boom by failing to support new infrastructure or up-skill workers, according to a new report.

THE NEWS WRAP: Blackberry manufacturer RIM to slash 2,000 jobs

7:24PM | Monday, 25 July

Democrats and Republicans in the US have unveiled competing plans to cut the country’s spiralling debt as the deadline to default draws near.

MySpace fate can be avoided with planning: analysts

7:24AM | Friday, 1 July

Start-ups have been urged to have a backup plan to protect themselves from competitors and to stick to their niche market “like glue”, following the sale of embattled social networking site MySpace.

Android takes a bite out of Apple’s market share

5:59AM | Wednesday, 18 May

The number of Android phones sold in Australia in the first three months of the year rose by 45%, according to new figures, suggesting that many entrepreneurs are looking beyond Apple when choosing smartphones.

iPad 2 to hit Australian stores 5pm Friday

3:39PM | Wednesday, 23 March

Apple has confirmed its much-anticipated iPad 2 will go on sale in Australian from 5pm this Friday, with local users to enjoy a modest discount from last year’s launch.

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