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Former Facebook exec recommends Mark Zuckerberg step down as CEO

Facebook's former security chief is disagreeing with calls to break up the social network.Instead, Alex Stamos believes the way to fix problems is for Mark Zuckerberg to step aside as CEO.Facebook co-founder Chris Hughes and [...]

By | May 24th, 2019|Categories: Business|0 Comments

US CEOs get $1.2m pay raise, leaving workers further behind

Did you get a 7 per cent raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got. But for chief executives, that 7 per cent was roughly US$800,000 ($1.2 [...]

By | May 24th, 2019|Categories: Business|0 Comments

Pushpay, PredictHQ among big winners at 2019 Hi-Tech Awards

Pushpay (Company of the Year), PredictHQ (three awards) and Robotics Plus (two awards) were the big winners at the 2019 Hi-Tech Awards, announced in Auckland this evening. See the full list of winners below.The event [...]

By | May 24th, 2019|Categories: Business|0 Comments

NZ shares fall; Gentrack sinks on weaker earnings

New Zealand shares fell, led by Gentrack, after the utilities software developer was among companies reporting weaker than expected earnings today. The S&P/NZX 50 Index fell 41.05 points, or 0.4 per cent, to 10,222.36. Within [...]

By | May 24th, 2019|Categories: Business|0 Comments

NZ dollar falls with Aussie after Westpac's RBA rate cut call

The New Zealand dollar fell in unison with its Australian counterpart against the greenback after Westpac forecast the Reserve Bank of Australia will cut interest rates three times this year.The kiwi was trading at 65.16 [...]

By | May 24th, 2019|Categories: Business|0 Comments