Thursday, May 8, 2014

NBN Co satellite costs blow out by $1.4 billion

9 May 2014
The Sydney Morning Herald

Happy Friday.

Lots of reading this week, starting with our report on NBN Co's fixed-wireless and satellite costs blowing out by a third after it grossly underestimated demand.

Queensland's technology ranks are in further disarray after two top bureaucrats left suddenly, while a keynote presentation at CeBIT 2014 in Sydney this week said a revolution in data management and processing is underway.

Scroll down for a look at the week's international IT news, and as always there's more on the IT Pro page.

Happy reading.

Lia Timson, Technology Editor, ltimson@fairfaxmedia.com.au

NBN Co satellite costs blow out by $1.4 billion

NBN Co grossly underestimated the demand for satellite among 1 million premises in Australia's metro fringe, regional and remote areas, writes Mahesh Sharma.

Walk out: Queensland hasn't had any luck retaining technology chiefs.
Queensland tech ranks in disarray

The two top bureaucrats responsible for Queensland's IT reform agenda have left suddenly.

MS
ACMA, Microsoft fight cybercrime

Microsoft will share knowledge of malware infected computers with the communications watchdog.

David Vitek and Robert Sharon-Zipser, who founded hipages.com.au.
Aussie start-up hipages raises $6m

An IBM executive and an accountant have raised $6 million for their home improvement classifieds website, which connects homeowners with tradies.

Advertisement
Melbourne entrepreneur, now venture capitalist Larry Kestelman.
Dodo's Kestelman to back start-ups

One of Australia's richest telco entrepreneurs is putting up his own cash to unearth the next generation of technology start-ups.

Australia's spy watchdog, Vivienne Thom, has defended the oversight of Australia's spy agencies.
Wrong to assume we're spied on

It is "quite wrong" to think that all Australians' phone and internet data is being collected and examined by intelligence agencies, the spy watchdog says.

 

Beats originally found success with high-end headphones. Apple close to acquiring Beats, reports say

Apple is close to acquiring headphone maker Beats for $US3.2 billion, in what would be its largest-ever purchase, a source says.

Samsung have been ordered to pay Apple $128.9 million. Samsung ordered to pay Apple $128.9m

As US jury has ordered Samsung to pay Apple $US119.6 million after it found the South Korean tech giant infringed two Apple patents.

Alibaba China's Alibaba files for initial public offering

China's massive online marketplace Alibaba has filed for what could become the largest US initial public offering ever.

Target CEO Gregg Steinhafel was ousted nearly five months after the massive December breach. The Target data breach by the numbers

An epic breach of all proportions, the hacking of point-of-sale systems at the giant retailer produced some giant numbers to match.


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