App development company Buzinga collapses into liquidation after rapid expansion – SmartCompany.com.au

Mobile application and software developer Buzinga has entered liquidation, with a some¬†clients allegedly left with incomplete projects. SmartCompany understands some businesses working with Buzinga to develop software have been left out in the cold midway through projects, with no indication if they will be resumed. Buzinga Pty Ltd entered liquidation on July 3, with a…

Reid Fruits: 160yo Tasmanian family-owned cherry dynasty sale to foreign interests ‘possible’ – ABC Local

Australia’s biggest cherry exporter, Reid Fruits, is up for sale and an overseas buyer is a “possibility”, owner Tim Reid says. The Tasmanian-based family-owned company makes up about 10 per cent of Australia’s cherry industry and is the country’s leading exporter into Japan, Korea, Thailand and India. Last year marked the company’s 160th anniversary…

Green-Light International Goes Bankrupt After Blistering Arbitrator’s Ruling – Variety

Green-Light International has declared bankruptcy following a blistering arbitrators ruling that found that the foreign sales agent committed acts that bordered on criminal fraud. The company was accused of pocketing $410,000 from distributors that should have gone to a collection account, and using the money for salaries and a lavish post-Cannes Film Festival vacation in…

US Businesses Restructuring Operations to Reap Future Financial Success – I-Connect007

U.S. Businesses Restructuring Operations to Reap Future Financial Success Automation, cloud services and Big Data are rapidly transforming the business-critical function, allowing finance executives to feed in real-time updates to forward plan and steer the direction of a business. Finance executives are increasingly using data analytics when it comes to accounting. The ability to convert…