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Internet domain name manager Melbourne IT says it is well-positioned for the future despite a fall in annual profit.
Australian Football League (AFL) may soon have its own branded domain name, .AFL, the first Australian brand to openly confirm it is applying for a top-level domain.
IT services company, Melbourne IT (ASX: MLB) has blamed an 11 per cent year-on-year decrease in revenue on the impact of the strong Australian dollar and soft market conditions in the US and Europe.
Melbourne IT may be able to offer discounts to some enterprise and SMB customers as backup/restoration requirements change in the future, according to the hosting provider's chief technology officer.
Melbourne IT (ASX: MLB) managing director, Theo Hnarakis, has warned that the rising Australian dollar and the 20 June ICANN decision on domain liberalisation may affect the hosting company’s full year results.
Melbourne IT has advised of an increase in domain name 'cyber squatting', with large Australian financial companies and government agencies falling victim to phishing attempts as a result of the lack of foresight.
Domain name registrar and IT services provider Melbourne IT Ltd expects underlying earnings to rise in 2011, after booking a lower full year net profit in 2010.
Among the continued maturation of Cloud computing and increasing competition between tablet manufacturers, 2011 is expected to see higher use of multi-terabyte datasets for business intelligence and analytics, otherwise known as “big data”.
Federal shadow communications minister, Malcolm Turnbull, has been forced to defend potential conflicts of interest between private investments and his argument over the National Broadband Network (NBN).
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