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Initiative taken by three organizations to keep kids safe on Net

Internet

With the aim to aid parents protect their children from the dangers of technology, three organizations -Telecom, police and Net Safe - are joining hands together in an initiative called Keeping Kiwi Kids Safer in Cyberspace. Their target would be to make sure that young people are aware of how to stay safe online. It is through text messaging that all schools are receiving their ‘net safety’ notes.

New system offered by Govt to deal with internet piracy

New system offered by Govt to deal with internet piracy

It would no longer be easy for copyright cheats to download music and movies from internet, as the Copyright Tribunal has been given the power to fine or disconnect offenders, by the government.

While many not realize it, the fact is that the entertainment industry has to bear a loss of tens of millions of dollars every year in New Zealand due to the illegal downloading of copyrighted material. Piracy has become so common that the govt. has come forward with an aim to put an end to it, by making the legislation tougher.

Air NZ fits blended winglets to wings of 767 aircraft

Air NZ fits blended winglets to wings of 767 aircraft

Air New Zealand hopes to reduce its fuel consumption by more than six million litres a year, by fixing a new 3.4m high wing tips on its fleet of Boeing 767 aircraft.

Today, the airline's first Boeing 767-300ER aircraft, fitted with blended winglets, landed at Auckland International Airport. 

With the help of the blended winglets, the aircraft’s wings become more efficient, as they cut the drag; thereby reducing fuel use and emissions.

Recession fails to affect performance of NZ businesses

Recession fails to affect performance of NZ businesses

A survey conducted on 1,400 businesses has shown that majority of New Zealand firms were holding their own in the economic downturn. 

It was found by the MYOB Business Monitor, a survey conducted by Colmar Brunton, that 60% of the companies surveyed have confirmed that profitability had stayed the same or improved over the past year.

The firms’ actual performance was observed by the survey, carried out in May and June; instead of its confidence, said New Zealand MYOB general manager Julian Smith.

Westpac agrees to lend more to home buyers

Westpac

The third biggest bank of New Zealand, Westpac has specified that it is ready to lend to home-buyers with less than a 20% deposit - but at a cost.

Hong Kong court rescinds freeze of ‘runaway millionaire’ funds

Hong Kong court rescinds freeze of ‘runaway millionaire’ funds

It has been learnt that two orders freezing the funds of a fugitive Rotorua gas-station operator Leo Gao have been withdrawn by a Hong Kong court. Mr. Gao fled to China after he was mistakenly granted a $10 million overdraft.

The sum of $6.73 million was transferred by him to accounts in China and Hong Kong, including with Wynn International Marketing before police became aware of the case.

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