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Telstra is preparing to write down by $273 million the value of Ooyala, its US-based intelligent video business, to zero. The telco announced the writedown following what it says were substantial efforts over the past 18 months to improve the business performance.

A "technical error" has been blamed by Dow Jones for a story that was issued on its news wires overnight, saying that Google was buying Apple – and for a relatively paltry sum of US$9 billion.

Published in Deals
Wednesday, 26 July 2017 15:46

Skyfii expands overseas

Skyfii, a provider of Wi-Fi and associated services to shopping centres and similar venues, is expanding overseas through the acquisition of European and North American customers currently served by Wicoms Wireless.

Published in Listed Tech
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