Stories by David Smedley

Telstra cops Moody's downgrade

US-based Moody's Investors Service downgraded Telstra's financial rating overnight, in light of the telco's proposed deal with Hong Kong entrepreneur Richard Li's Pacific Century CyberWorks (PCCW).

Investors look for new solution

Investors continued to dump Solution 6 shares yesterday despite the company's announcement on Friday it would push ahead with plans for a $US150 million merger with US counterpart, Elite.

Linux aims to serve

Linux has become the fastest-growing operating environment in the server market, according to IDC's worldwide quarterly survey.

Ecorp to Monster Asian market

Media mogul Kerry Packer's internet flagship ecorp has signed a deal with US-based online recruitment company Monster.com to launch a Hong Kong version of Monster's employment site.

Investors see red

As was widely predicted, the reverberations from Wall Street's record 617-point loss on Friday have caused similar carnage for local investors this morning.

Tech stocks roasted again

The Australian share market copped another hammering yesterday as investors ditched tech stocks in favour of their financial counterparts.

Market moody over Telstra 'adventure'

The market has not done Telstra any favours today after the telco announced its multibillion-dollar deal with Hong Kong internet company Pacific Century CyberWorks (PCCW) yesterday.

Allmybills I'll send to you

Sydney-based startup Allmybills kicked off its billing service this week through which subscribers can have all their bills scanned and placed online for viewing and payment.

Don't believe the mobile hype

Mobile phone manufacturers are leading a campaign of hype to boost the mobile phone data market, IT analyst Paul Budde, from Paul Budde Communications, said yesterday.

E-Learning the next 'big thing'

Online education must play a role in reducing the local and international IT skills shortage, Cisco Systems Australian and New Zealand managing director Terry Walsh said yesterday.

Tech investors hold their breath

Dotcom investors are gripping their stock charts for another frenetic ride today after local tech companies were hammered yesterday when the Nasdaq plummeted as much as 13 per cent on Tuesday night.

Online economy needs direction: CBA chief

The lack of formal regulations and policies governing ecommerce is limiting the success of the online economy, Commonwealth Bank managing director David Murray said yesterday.

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