ChannelLife New Zealand - Industry insider news for technology resellers

Stories by Pattrick - Page 2

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Chorus registers interest in government's proposed expansions to UFB, RBI
Wed, 8th Jul 2015
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uc
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chorus
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telco
Chorus has expressed interest in the government's plans to expand the state-sponsored ultrafast broadband network and rural broadband initiatives.
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Xero appoints new CFO
Tue, 30th Jun 2015
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fintech
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financial systems
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xero
Xero changed its recruitment tactics for senior executives earlier this year after the departure of two senior managers who weren't the right fit.
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Wearable tech start-up launches US$200,000 crowdfunding campaign
Wed, 24th Jun 2015
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wearables
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personal computing devices
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crowdfunding
Kiwi start-up I Measure U has launched a US$200,000 crowdfunding campaign today on Californian-based platform, Indiegogo.
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Is the $2 million equity crowdfunding limit too low?
Wed, 17th Jun 2015
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peer-to-peer lending
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investment
The $2 million limit on equity crowdfunding may be revised up over time, says Snowball Effect co-founder Josh Daniell.
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Enprise ekes out small annual profit in drive to grow NZ market
Tue, 16th Jun 2015
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uc
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telco
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shares
Accounting software reseller Enprise Group posted an annual profit in its first filing on the NZAX as it places greater emphasis on the NZ market.
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Punakaiki first fund to do NZ equity crowdfunding; raises $660,000 on debut
Tue, 16th Jun 2015
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ipo
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snowball effect
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punakaiki fund
Tech investor Lance Wiggs' Punakaiki Fund has launched the first equity crowdfunding campaign for a private equity fund in New Zealand.
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VMob widens annual loss as sales surge on global customers
Mon, 15th Jun 2015
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public cloud
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microsoft
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cloud services
VMob, the NZAX-listed mobile voucher developer, widened its annual loss as it forgoes profit and chases sales growth through key global customers.
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GeoOp widens annual loss as it chases US customers
Thu, 11th Jun 2015
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shares
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capital raising
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expenses
GeoOp, the workforce management app, widened its annual loss as it invests in product development and adding new customers.
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Adams targets UFB land access, power line use in proposed law change
Wed, 10th Jun 2015
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uc
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telco
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ufb
Amy Adams wants to reduce consenting delays affecting an estimated 15 percent of households in the government-sponsored UFB roll out.
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Wynyard seeks $45 million in placement, share purchase plan to fund growth
Tue, 9th Jun 2015
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contracts
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cash flow
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partners
Wynyard Group wants to raise $45 million in a discounted share offer to fund more staff and product development as it chases global growth.
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Kim Dotcom gets interim reprieve from asset seizure
Fri, 5th Jun 2015
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megaupload
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police
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legal battle
Kim Dotcom and his fellow Megaupload co-accused Bram van der Kolk have won a reprieve from having assets seized by the Crown and passed onto the US.
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NZ govt gives up chasing NextWindow R&D grants
Fri, 5th Jun 2015
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physical security
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intellectual property
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fy
The government has given up on trying to claw back $3.9 million in research and development grants paid to failed touchscreen developer NextWindow.
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Seven startups gain repayable government grants totalling $3.15 million
Thu, 4th Jun 2015
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physical security
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intellectual property
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universities
Seven government grants, totaling $3.15 million, have been awarded to New Zealand startups through technology business incubators.
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Spark plans $100 million share buyback to gear up balance sheet
Tue, 2nd Jun 2015
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uc
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telco
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spark
The buyback aims to return Spark's gearing to a more appropriate level after the sale of Telecom Rentals and its share of Telecom Cook Islands.
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Changes ahead as Sky TV announces new developments
Wed, 27th May 2015
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uc
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telco
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sky
Sky outlined three key developments; its partnership with Vodafone, Neon service and online access for certain sporting events.
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Orion Health reports $61M full-year loss, beats prospectus on recurring revenue
Tue, 26th May 2015
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partner programmes
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healthtech
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orion health
Healthcare system software developer Orion Health reported a $60.8 million loss in line with its strategy to grow revenues before becoming profitable.
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Chorus says RMA fix needed as fibre rollout stumbles
Tue, 26th May 2015
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uc
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chorus
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fibre
Chorus urges government to amend the Resource Management Act, citing lengthy fibre installation delays for multi-unit properties and shared driveways.
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2degrees posts reduced loss of $33.6 mln, will launch UFB bundled offer soon
Tue, 26th May 2015
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uc
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telco
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spark
Two Degrees is still burning cash but has once again reduced its financial losses, recording a $33.6 million net loss for calendar 2014.
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Jade Software narrows FY loss as Master Terminal unit growth beats expectations
Thu, 21st May 2015
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jade software
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investment
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shareholders
Jade Software narrowed its annual loss as revenue at its Master Terminal port management software grew at a faster pace than expected.
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Rakon back to profit
Thu, 21st May 2015
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rakon
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shares
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stock market
Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.