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JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974, selling music and specialist hi-fi equipment. [3] Barbuto sold the business in 1983 to Richard Bouris, David Rodd and Peter Caserta, who expanded JB Hi-Fi into a chain of ten stores in Melbourne and Sydney turning over $150 million by 2000, when they sold the majority of their holding to private equity.
Al-Shamukh, a popular jihadist Internet forum, is knocked off the Internet by a fairly sophisticated cyberattack. (CBS News) Iraq War : The United States has lost a total of 15 troops in Iraq this month, making it the deadliest month for U.S. forces in Iraq since June 2009, when 14 soldiers were killed fighting the Iraqi insurgency .
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