Tech industry patent trolls on the rise

The same week that Alex Haro and Chris Hulls raised $50 million for their mobile app, Life360, the business partners got a letter.It said they had three days to pay licensing fees to a company they had never heard of because their…

Friday, April 24

Today is Friday, April 24, the 114th day of 2015. There are 251 days left in the year.Highlights in history on this date:1521 – Spanish rebels are defeated at Villalar, Spain, and leaders of the anti-Hapsburg movement are executed.1617…

A review of things you need to know before you go home on Thursday; dairy prices drop, job ads fall, PMI expands, NZGB bond demand strong, swap curve very flat, NZD volatile

Short headline:  What happened Thursday Tweet Here are the key things you need to know before you leave work today. TODAY'S MORTGAGE RATE CHANGES No rate changes today. TODAY'S DEPOSIT RATE CHANGES No rate changes today. DAIRY PRICES DOWN -22% SINCE MARCH The latest globaldairytrade auction saw commodity prices fall another -3.6% on average (-5.2% in NZ$). The main culprits …

Property: Reserve Bank aims to cool overheated market

The Reserve Bank has identified residential property investment as a sector which needs greater restrictions if Auckland’s overheated housing market is to be cooled off and a housing “correction” avoided.The bank is already considering…

More people worldwide open bank accounts

Africans using cellphones, older Chinese, and Indians getting a push from their government have fueled an unprecedented surge of people opening their first bank accounts.The number people with an account – either on mobile phones…

Netflix enthralls US viewers and thrills investors

Netflix is enthralling viewers and investors alike as its popular series “House of Cards” and other original programming helped the Internet video service add subscribers at an unprecedented pace.The company’s first-quarter report…

Global Dairy Auction: Dairy prices continue decline

International dairy prices fell for the third time in a row at this morning’s GlobalDairyTrade auction, the GDT price index falling by 3.6 per cent since the last sale, driven mostly by weakness in skim milk powder. Read more:•…