SecurityBrief New Zealand - Technology news for CISOs & cybersecurity decision-makers

Stories by Pattrick - Page 2

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Enprise ekes out small annual profit in drive to grow NZ market
Tue, 16th Jun 2015
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telecommunications
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shares
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sales
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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nz
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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microsoft
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cloud services
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public cloud
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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broadband
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cios
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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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ndi
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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telecommunications
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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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telecommunications
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sky
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partnerships
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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managed services
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nzx
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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broadband
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chorus
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fibre
Chorus urges RMA reform to accelerate fibre access for complex properties, as installation delays escalate.
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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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telecommunications
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spark
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banking
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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nz
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christchurch
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jade software
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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nz
Rakon swings to £3.2m profit, despite higher debt, shifting production out of the UK to boost margins.
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Mega's legal guns shoot down claims of 'content theft'
Fri, 15th May 2015
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martech
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commerce systems
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payment gateways
Mega, the file storage firm, has hit back at claims it profits from 'content theft' in a report calling the allegations 'defamatory'.
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NZ retail sales rise a record 2.7% in 1Q as back-to-school drives electronic goods
Thu, 14th May 2015
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nz retail sales
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retailers
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ndi
NZd retail sales rose at a record pace in the first three months of 2015 as the start of the school year underpinned demand for consumer electronics.
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NZ spending on credit, debit cards slips in April
Mon, 11th May 2015
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westpac
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statistics nz
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nz retail sales
New Zealanders' spending on electronic cards fell in April, ending a streak of nine consecutive monthly gains.
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Warehouse posts 5% gain in 3rd-qtr sales, says FY profit on track
Fri, 8th May 2015
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noel leeming
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productivity
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nz
Warehouse Group posted a 5% gain in 3rd quarter sales which it said was in line with its expectations and meant it was on track to meet annual profit.
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Kim Dotcom's Mega deal falls through
Wed, 6th May 2015
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martech
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commerce systems
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payment gateways
Mega deal falls through as TRS Investments fails to gain shareholder approval for NZX listing of cloud-based storage firm.
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Warehouse may offer $125M of 5-year fixed-rate bonds
Tue, 5th May 2015
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shares
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bnz
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nz
The retailer may sell as much as $125 million of five-year bonds to refinance $100 million of bonds maturing next month.
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Xero changes recruitment tactics as unsuitable US head, CFO depart, Drury says
Fri, 1st May 2015
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accounting systems
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digital banking
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xero
Xero boss Rod Drury says the accounting software developer has changed its tactics for hiring senior executives after the departure of a US chief exec.
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Xero shares extend decline, as investors digest FY, US CFO departure
Wed, 29th Apr 2015
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accounting systems
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digital banking
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xero
Shares of cloud-based accounting software firm Xero have dropped to the lowest level as investors digest sudden departure of another US-based exec.