Why Microsoft is buying LinkedIn for $US26 billion
TUESDAY JUNE 14, 2016 Microsoft CEO Satya Nadella (left) with LinkedIn CEO Jeff Weiner in a promo clip announcing the deal LinkedIn 2015 revenue: $US2.99b (2014: $US2.2 billion) 2015 bottom line: $US164.8m loss [...]
Ex-Warehouse boss turns politician
CAMPBELL GIBSON TUESDAY JUNE 14, 2016 Former Warehouse Group [NZX: WHS] chief executive Mark Powell is making a foray into politics and wants to stand for the National party. Mark Powell (TVNZ) Mr Powell, [...]
Rangatira Investments reports strong full year performance
Wednesday, 8 June 2016 Rangatira Investments reports strong full-year performance; continues to seek new investment opportunities Rangatira Investments today announced a full year profit after tax of $50.2 million, compared with $13.7 million last year. [...]
Key’s warning to hoteliers over peer-to-peer accommodation
JASON WALLS TUESDAY JUNE 7, 2016 Prime Minister John Key Prime Minister John Key has warned the hotel sector that peer-to-peer online accommodation is primed to expand “rapidly.” He says AirBnB, which is New [...]
Multi-millions raised for cattle sex selection technology
CALIDA SMYLIE THURSDAY JUNE 2, 2016 Auckland start-up Engender Technologies has completed a $4.5 million capital raise to propel its livestock sex selection technology to commercialisation. The company won the agricultural tech category in the [...]
NZ insurer gets $200m private equity boost
TIM HUNTER MONDAY MAY 30, 2016 Partners Life founder and managing director Naomi Ballantyne Auckland-based life insurer Partners Life has announced a $200 million investment by US private equity firm Blackstone. Partners Life [...]