Security company feels the pinch
One of the rising stars in Australia's trusted services sector, KeyTrust, is being forced to review its future Following a change of heart by its largest investor.
One of the rising stars in Australia's trusted services sector, KeyTrust, is being forced to review its future Following a change of heart by its largest investor.
The bill-paying public is warming to the idea of using the Internet to square its debts.
Unified messaging service mBox watched its subscriber base shrink more than 80 per cent when it switched its model from free to fee a few months ago.
The Australian coalition government's hostile attitude toward online gambling is about to reap the whirlwind, says Gartner Group research director Joe Sweeney.
Apart from a cursory nod in the direction of the information economy, the 2000-2001 Budget leaves the sector largely out in the cold.
Westpac's B2Buy electronic exchange is shrugging aside the derailment of its e-commerce software supplier, Metiom.
Yet another segment of the auto market is being steered into e-commerce. This time the driver is the fleet management arm of Macquarie Bank.
The unceremonious dumping by investment house ABN Amro of storage system vendor EMC shows even the fast lane has its speed bumps.
Widespread problems with Telstra Corp. Ltd.'s ADSL (asymmetric digital subscriber line) network disrupted the service over a 15-hour period Friday.
Faltering starts, cost over-runs, negative reactions from suppliers and general uncertainty over business models are grounding many e-marketplace hopefuls. But at Hong Kong airline Cathay Pacific Airways Ltd., the story is much brighter.
Fines of up to A$1.1 million (US$539,000) a day will be levied on companies providing online gambling services in Australia to Australian residents under legislation introduced in the Australian Senate Friday.
A survey of 157 large Australian companies shows that they believe the value of enterprise portals, like charity, begins at home.
Sportingbet.com, based on the English Channel island of Alderney, says its online gaming business will benefit if the proposed legislation is passed. At the same time, it has just bought Australia's largest private bookmaker, The Number One Betting Shop, for a multimillion-dollar combination of cash and shares.
E-marketplaceplayer corProcure is feeling the strain of trying to hit a moving target, according to insider reports. They paint a picture of a company burning up precious time and money while zig-zagging uncertainly toward a workable business model.
The Ten Network and Village Roadshow are blaming the dismal dot-com scene for the failure of their expensive youth entertainment site, Scape.