Waikato's BBC to double tech staff with $14m R&D centre

Dan Brunskill
Fri, 31 Jul 2020

BBC Technologies wants to more than double the size of its team developing an artificial intelligence blueberry sorting system with a $14 million investment in a new research and development facility.  The company current employs 40 people on the technology side of its business, and wants that to rise to 100 once it builds a new site featuring a 2,500 square metre R&D facility and 3,000 sqm manufacturing centre. BBC, which is owned by Norway's Tomra Food, expects the project to take 12-to-18 months.  Chief executive Geoff Furniss said BBC...
MARKET OPEN: Kiwi holds its own as greenback falters, US equities push higher
Rebecca Howard | Thu, 06 Aug 2020

The kiwi dollar continues to hold its own as the greenback is weighed down by poor US data while the domestic share market may take cheer from a lift on Wall Street after positive earnings reports. ...

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Billion dollar hotel developments on backburner until better times
Brent Melville | Thu, 06 Aug 2020

Plans for at least 25 major hotel developments, valued at $2 billion, are gathering dust pending decisions on when, or if, construction will commence in the wake of border closures. The two dozen o...

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Pacific Edge seeks US$40m backpay from US administrator
Brent Melville | Thu, 06 Aug 2020

Pacific Edge is chasing 22,000 outstanding invoices dating back to 2015 as it seeks up to US$40 million in backpay from US medical aid administrator Novitas. The retrospective claim follows last mo...

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Don’t fear the robots. How software can help your business succeed

New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.