James Packer has indicated he wants to continue the fight over the collapse of One.Tel, maintaining he was "profoundly misled" about the financial position of the company.
The corporate watchdog has failed in its civil action against One.Tel founder Jodee Rich and the doomed telecommunication's company's finance director Mark Silbermann.
The Australian Securities and Investment Commission (ASIC) is tendering for a partner to integrate its Financial Support System (FSS) upgrade project into its new environment.
The NBN Company's funds, according to its first financial report filed several weeks ago with the Australian Securities and Investments Commission, are being held with Westpac Banking Corporation.
Seven more federal government agencies, including the Department of Immigration and Citizenship, have applied to buy datacentre capacity from the government's new interim datacentre panel.
Australian online radio publisher and distributor, Stripe, late last week admitted it had slimmed down somewhat as it had finished building its technology platform and populating its online stations.
Business continuity and disaster planning might seem hypothetical at times, but the finance sector is taking the threat of Avian (bird) flu, which has claimed many lives in Asia, very seriously.
One.Tel backers James Packer and Lachlan Murdoch are unlikely to be tracking the latest career move by insolvency expert Paul Weston, but they know who he is and must dread what he is about to do. Thought the One.Tel legal action was over? Think again.
With real risks and real competition, Malcolm Turnbull, questions the Prime Minister's promise of an affordable, high-speed broadband at a speed of 100 megabits a second to 90 per cent of Australian households via a $43 billion fibre-to-the-household network.
Chief Security Officers face a challenging quandary at budget-time because the traditional return on investment (ROI) model falls apart when it is applied to security products but as that is the only language budget-approvers speak, what is a CSO to do?
The biggest loser in this week's budget was broadband -- not one cent was allocated to improve infrastructure works. However, security was the winner with funding confirmed to fight intellectual property crime and cyber-terrorist attacks.
Security expert Bruce Schneier says the danger from cyberterrorism is "overblown."
The i-Burst venture is on track to deliver planned wireless broadband services at prices competitive with existing DSL offerings after securing new investments totalling AU$14 million.
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