The new Australian chief executive of Friendster has outlined plans to generate revenue for the struggling social networking site through advertising and by introducing a form of digital currency for users to trade.
Fake Windows security patches and rogue iPod invoices have been making the rounds this week as spammers continue trying to fool people into installing Trojans on their PC.
The Australian Tax Office has restricted access to its Web site after discovering that a "small number" of tax agents have been infected by a Trojan, which has "stolen" their user IDs and passwords.
A Trojan making the rounds encrypts victims' files and demands a US$300 payment to have them decrypted and unlocked, according to a report by security firm Lurhq Threat Intelligence Group.
The Australian Securities and Investments Commission (ASIC) has shut down several electronic currency trading Web sites operating without a financial services licence.
Telstra shareholders fear break up
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Can the Telco Reform Act be win-win?
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The long-awaited separation of Telstra
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