The red and white bank saw a AU$1.9 billion drop in profit in H1. …read more Source:: Open Source S
Tag: dollar
NAB’s profit takes billion dollar hit as it asks the market for AU$3b worth of funding
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•Red and black bank is seeking to raise AU$3 billion as its first-half revenue declines by 3.4%. …read more Source:: Open Source S
FCC proposes multibillion-dollar spend to free up mid-band spectrum for 5G auction
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•The proposal incentivises satellite companies to accelerate their timeframes for freeing up the spectrum. …read more Source:: Open Source S
CTRL-Labs: Facebook didn’t buy a billion-dollar, brain-scanning startup
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•Facebook’s public trust issues create a perception of a nefarious agenda with the recent acquisition of a New York-based startup that uses electrical muscle signals to control a virtual hand. …read more Source:: Open Source S
SAP Australia posts AU$29m loss for FY18 despite billion-dollar revenue
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•It has also received a smaller tax benefit compared to last year, down from AU$4.5 million in 2017 to AU$1.2 million in 2018. …read more Source:: Open Source S
Billion-dollar revenue fails to prevent SAP Australia posting AU$140m loss
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•Its comprehensive loss blows out six times over following income tax payment and higher costs. …read more Source:: Open Source S
Red Hat on its way to becoming the first billion-dollar-a-quarter open-source company
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•Red Hat cracks 20 percent year-over-year growth and the future looks rosy to the tune of $3 billion a year. After that, a billion a quarter lies in the not-too-distant …read more Source:: Open Source
Unisys extends multimillion-dollar Australian Border Protection contract
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•Under the contract extension, Unisys will continue to provide managed service desk and end-user computing services to the Department of Immigration and Border Protection through to June 2021. …read more Source:: Open Source S