Instagram introduces new app for photo collages

NEW YORK (AP) ” Instagram’s latest stand-alone app, released Monday, lets users combine multiple photos and post them as a single image.Called Layout, it is the second app that Facebook-owned Instagram has released. Last August,…

Mighty River shutting down Southdown station

Mighty River Power will shut down its gas-fired Southdown power station in Auckland at the end of the year and sell the plant on the international market.The company said the 140MW Southdown station in Auckland had played “a…

Invivo sets equity crowdfunding record

Invivo Wines has set a new record for equity crowdfunding in New Zealand.The Auckland-based wine firm's campaign on the Snowball Effect platform had raised $1,523,587 by 2.30pm.Until today, New Zealand's biggest equity…

Bro'Town, IRD reach out of court deal

Lawyers representing a company which funded the animated comedy series Bro’Town and the Inland Revenue Department have reached a confidential out-of-court settlement.Bro’Town Production launched civil proceedings against the IRD…