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Mar 6, 2012

Smartcompany News and Analysis: iPad 3: What to expect, Century-old winery supplier collapses, New Govt business forum aims at red tape, Female entrepreneurs flee executive ranks

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Today on SmartCompany we report on the collapse of a century-old winery supplier battling shocking industry conditions, take a look at what small business can hope to get out of the Government’s new business forum and examine how female entrepreneurs are fleeing executive ranks to start-up on the cheap.

And there’s only one sleep to go before Apple launches its iPad 3 – tech guru Patrick Stafford has a preview today and tomorrow morning he’ll be up early to cover the big event.

Lunch with an Entrepreneur
Is SME sentiment turning a corner?
Clive Rabie, the CEO of accounting software company Reckon, says 2012 has got off to a good start and SMEs are feeling more optimistic. BY MADELEINE HEFFERNAN.

Information Technology
Digital drives the new information age
A globalised financial services industry looking for reliable and high quality information is set to drive growth in online information services. BY KAREN DOBIE.

Aunty B
When should a start-up move out of home?
Everyone loves a baby and a toddler. But then the fun stops and more is expected of you. The same happens in business.
Aunty B

Profitable growth
Julia Bickerstaff
There is one thing worse than a business with no new initiatives: one with too many. Thankfully, there is another way.
Ask the Experts

Gen-Y Millionaire
Kirsty Dunphey
The longer you are surrounded by people who make you feel scummy, the harder it is to get out of the situation.
Smart Blogs

Entrepreneur Watch
James Thomson
The Government says super funds and the R&D community should be much closer. Great idea, let’s see some action.

Financial and Forex Info News | PiNG News: MPs' phones cut off over late payments

MPs' phones cut off over late payments
Sarah Martin, SA political reporter STATE MPs in SA have had their mobile phones disconnected and newspaper subscriptions cancelled because of late payments.
Clues to life after Steve Jobs
Dan Gallagher APPLE is expected to take the wraps off its latest iPad on Thursday, which should help maintain its dominant position in tablets.
'Nomophobia' on the rise
Mitchell Bingemann A NEW phobia has emerged: 'nomophobia' -- the fear of being without your mobile phone.
IT pros should be flexible: expert
Jennifer Foreshew IT professionals who can thrive in both "big business" and SMEs are more valued by employers, particularly in the past six months.
More Westpac jobs go offshore
Michael Bennet WESTPAC is sending a further 126 positions offshore, adding to the growing number of job losses across the finance sector.
US tech titans help illegal students
A GROUP of Silicon Valley technology leaders is funding efforts to help undocumented youths attend college and stay in the US.
Twitter used to 'feed' dog
A WELSH dog-lover has invented a machine that dispenses pet treats remotely via Twitter.
CeBit opens with a bang
Stuart Kennedy THE giant CeBIT technology trade show is underway this week in Hannover, Germany helped along by a return to growth.
Click here for all headlines

IT Business
From boxes to problem-solving
Inventor to press button on '3D sound'
iSee the future of laptop meetings
Telcos switched on to double edge
Exec Tech
World's cheapest computer costs $US25
Telstra launches 4G tablet in Australia
PCs with Kinect respond to your moves
Vita targets hard-core gamers
Adobe booms without Flash
DOUBLECLICK: David Frith THINGS are changing rapidly at Adobe Systems.

DealBooK | DealB%K Afternoon Edition: Lehman Estate Emerges From Bankruptcy

Lehman Estate Emerges From Bankruptcy
Lehman Estate Emerges From Bankruptcy More than three years after Lehman Brothers filed for bankruptcy, setting off a financial tsunami, the failed firm's estate emerged from Chapter 11 protection on Tuesday, ready to begin paying out creditors.
    Assessing Debt Relief in the Greek Deal The rescue package aims to reduce Greek's debt levels to 120.5 percent of the gross domestic product, but economists at the Royal Bank of Scotland said the ratio could end up closer to 160 percent.
    Behind the Texas Pension's Deal With Bridgewater With the Teacher Retirement System of Texas buying a stake in Bridgewater Associates, DealBook dug deeper into the pension's novel investment in the world's largest hedge fund.
    Paulson's Post-Traumatic February One of Paulson & Company's main funds lost 1.5 percent in February. As these things go, that's not a horrible month. But given the history of this particular fund, which lost more than 50 percent in 2011, it could be a scary reminder of the not-too-distant dark days.
    Perella Weinberg and Greenhill Add Senior Executives Perella Weinberg says it has named a former Lazard president, Charles G. Ward III, as a partner, while Greenhill says it has hired Vikram Gandhi to help source deals in Asia.
    El Paso Corp. Chief Defends His Actions in Kinder Morgan Deal In a letter to employees, Douglas L. Foshee said he acted properly in negotiating the sale of the El Paso Corporation to Kinder Morgan, despite criticism from a Delaware judge.
    K.K.R. and Chesapeake Energy Form $250 Million Partnership Kohlberg Kravis Roberts is teaming up with Chesapeake Energy to invest in oil and natural gas projects in the United States, the latest move by private equity in the lucrative energy sector.
    The Corzine Family's Letter to Vanity Fair In a February article entitled "Jon Corzine's Riskiest Business," Vanity Fair reporters said that the former governor of New Jersey saw MF Global as a stepping-stone to becoming treasury secretary. In a letter to the magazine, Mr. Corzine's children protested "the sweeping negative narrative the authors use to describe our family."
    Bill Clinton to Make Wall Street Push for Obama Can Bill Clinton reignite the flame on Wall Street for President Obama? The former president has agreed to join Mr. Obama at a series of campaign fund-raisers, including one in New York that will be attended by donors in finance, Jeffrey McCracken and Hans Nichols of Bloomberg News report.
    Wall Street Welcomes Our New Computer Overlords I.B.M.'s "Jeopardy"-winning computer, Watson, will soon be answering questions on Wall Street. The room-size computer, which can read 200 million pages in three seconds, will help Citigroup identify risks and analyze customer needs, Bloomberg News reports.
    AmerisourceBergen to Acquire World Courier for $520 Million AmerisourceBergen, the wholesale pharmaceutical company, agreed on Tuesday to buy the World Courier Group for $520 million in cash. World Courier, a private company that provides transportation and other services for clinical drug trials, is expected to produce roughly $500 million in revenue this year. The deal, which is subject to regulatory approval, is expected to close by June.
    In Aftermath of Financial Crisis, Prison for Politicians? As if losing re-election is not punishment enough, politicians are becoming targets of criminal prosecution for their roles in the financial crisis. With Iceland's former prime minister, Geir H. Haarde, going on trial this week for failing to prevent the collapse of his country's banking system, the Rendezvous blog of the International Herald Tribune asks: Which world leader should be next?
    Corporate Earnings Companies reporting results on Wednesday will include H&R Block and Hovnanian Enterprises.
    In the United States Apple is expected to unveil a new iPad on Wednesday. A House subcommittee is to conduct a hearing about rising gasoline prices.
    Overseas The Geneva International Motor Show opens for press previews; it will open to the public on Thursday and run through March 18. From Tuesday through Saturday, the CeBIT computer fair is taking place in Hanover, Germany.

    DealBook Video
    Business Day Live
    Business Day Live A study finds that digital health records may not cut costs; a patent challenge threatens production of a cancer drug in India; and Texas teachers buy a stake in a hedge fund.