Channelnews

1 week ago | channelnews.com.au | David Richards

Serious questions are being asked as to where all the money went following months of discount sales by failed retailer Mwave who was placed into administration last week with Digi Direct snapping the business a few days later. ChannelNews understand that the operators of Mwave left behind some serious debt, with insiders claiming that Ingram Micro is owed $1.8M with Synnex, Dicker Data and others owed over $3M, this also includes smaller distributors including the likes of Centrecom.

1 week ago | channelnews.com.au | David Richards

Some of the biggest tech Companies have started to slash job, with even toy and food companies moving to slash jobs in Australia due in part to the introduction of AI systems and the need for capital to invest in their AI future, the move is set to impact retail sales. The shrinking white-collar workforce will most likely create ripple effects across the broader Australian economy—particularly in the retail sector, where discretionary spending is already under pressure claim analysts.

1 week ago | channelnews.com.au | Joe Gallop

Leaked images of Samsung’s upcoming Galaxy Z Fold 7 have revealed a striking design contrast. While the foldable device appears to be Samsung’s thinnest yet, it also sports a surprisingly large rear camera bump. A Reddit user (below) has leaked images showing the Z Fold 7 inside a Thinborne protective case, highlighting the slim profile of the phone, which is reportedly just 4.54mm when unfolded. However, the camera module protrudes significantly, with a vertical island housing three camera lenses.

1 week ago | channelnews.com.au | David Richards

The DAZN owned Foxtel Group has started laying the seeds to a potential tilt in the future at the UK Premier League and popular European soccer championships with the network now streaming the FIFA Club World Cup being played out in the USA a move that will give them intelligence on the popularity of the round ball game.

1 week ago | channelnews.com.au | Joe Gallop

Samsung is making a major play in the digital health space, revealing new features for its upcoming Galaxy Watch 8 and plans for a central hub where users can share health data directly with their doctors. Announced ahead of the expected July Unpacked event, the Galaxy Watch 8 will ship with several advanced wellness tools via the new One UI 8 update.