Stories by Pete Young

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.

Web economy gets cold shoulder

Apart from a cursory nod in the direction of the information economy, the 2000-2001 Budget leaves the sector largely out in the cold.

Off-lease marketplace goes online

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.

ABN Amro dumps EMC

The unceremonious dumping by investment house ABN Amro of storage system vendor EMC shows even the fast lane has its speed bumps.

Telstra ADSL network crashes

Widespread problems with Telstra Corp. Ltd.'s ADSL (asymmetric digital subscriber line) network disrupted the service over a 15-hour period Friday.

Cathay Pacific soars above e-market turbulence

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.

Australian online gamers face punitive fines

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.

Portal Popularity Gains Pace

A survey of 157 large Australian companies shows that they believe the value of enterprise portals, like charity, begins at home.

Memo to Sen Alston: Thanks, Mate

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.

CorProcure feeling the strain, insiders say

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.

Scape Hits the Dustbin


The Ten Network and Village Roadshow are blaming the dismal dot-com scene for the failure of their expensive youth entertainment site, Scape.

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