Pacific Edge still spending, but US diagnostics up
By Brent Melville | Fri, 29 May 2020
The cash burn continues at Pacific Edge, with a total of $14.8 million in cash in the bank at end of March, following $20.1 million of new capital raised just five months ago. Reporting a net loss...
Xero's customer resilience will determine near-term future
By Jenny Ruth | Tue, 26 May 2020
Xero's immediate future is inextricably tied to how well existing and potential customers in its major markets fare through the coronavirus crisis. Xero itself is so uncertain about the outlook in...
MediaWorks cuts 130 jobs in 'fight for survival'
By Dan Brunskill | Mon, 25 May 2020
TV3 and Magic Radio broadcaster MediaWorks is cutting around 130 jobs and extending pay cuts for four months to help offset a revenue shortfall caused by the national lockdown in response to the covid...
Two hyperscale data centres for Auckland – Infratil
By Gavin Evans | Thu, 21 May 2020
CDC Data Centres plans to develop two “hyperscale” centres in Auckland to meet demand from existing customers and to extend its business into New Zealand. The Australian firm, 48 percent-owned by I...
