The company has cited the strength of the Australian dollar, high cost of production and the small size and competitiveness of the local market.
Thanks to the popularity of online media sites like YouTube, mainstream entertainment soon may look more like that kid clowning around in front of a laptop camera.
Backed by 7.6 million followers on YouTube, the beauty guru's empire is so diverse even people least likely to watch her Barbie makeup transformation know her name. The online star still has a few secrets.
The ride-hailing service partners with Carnegie Mellon University to build a high-tech lab that focuses on mapping, vehicle safety and autonomy technology.
Chia Zombie heads are reaching for your brains while growing luscious green hair from seed.
Experts say the reported heist of 1.2 billion account credentials is legit, but caution that for most people there's little they can do -- or should be worried about.
Custom guitars made to complement classic cars -- and even incorporate car parts -- embody the very soul of rockabilly.
Some 360 million account credentials are newly available for sale on the black market, according to one security firm, and may be from several yet-to-be-reported security breaches.
Toyota has announced that it will cease manufacturing operations in Australia by 2017, with 2500 workers to lose their jobs.
The server has since been secured, but it was on the open market for cybercrooks last week, reports Reuters.