Technology news

• Tesla nears three-month low as JPMorgan adds to deal doubts

  20-08-2018 22:05
  Tesla Incshares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase'sprice target for the electric carmaker added to growing doubts among market players about a plan to take the company private.
  
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• Supply chain Woolworths’ next major tech challenge

  20-08-2018 12:33
  Woolworths CEO Brad Banducci says continuing the implementation of JDA’s supply chain management platform will be the “big IT initiative” for the retailer following the completion of its 1Store program.
  
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• NBN: Aussie Broadband calls for some fixed wireless to be replaced with FTTN, FTTC

  20-08-2018 06:14
  Uptake of NBN Co’s fixed wireless network means the service is entering a “second phase” that requires “a significant government-funded capital injection and a clever approach to ongoing upgrades,” according to retail service provider (RSP) Aussie Broadband.
  
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• Horizon Power IT manager accused of corruption

  20-08-2018 05:57
  Horizon Power technology manager Paul Thomas corruptly exploited his position to have the utility pay Trusted Solutions IT, a company he owned, a report from Western Australia’s Corruption and Crime Commission (CCC) has alleged.
  
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• Funds to help AirTrunk expand Australian data centres

  20-08-2018 04:13
  Data centre operator AirTrunk says has secured $850 million in financing to undertake a “major expansion” of its Sydney and Melbourne data centres.
  
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• NSW expands digital driver’s licence rollout

  20-08-2018 03:53
  New South Wales’ trial of digital driver licences will be expanded to encompass Sydney’s east, the state government announced today.
  
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• New Payments Platform: RBA chief blames big banks for sluggish PayID adoption

  20-08-2018 03:33
  Reserve Bank of Australia governor Dr Philip Lowe says that take-up of the PayID system — which is based on the New Payments Platform — has so far been “less than earlier industry projections”.
  
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• IBM, Maersk launch blockchain-based shipping platform with 94 early adopters

  20-08-2018 01:48
  After launching a proof of concept earlier this year, IBM and Maersk have unveiled TradeLens, the production version of an electronic ledger for tracking global shipments; the companies say they have 94 participants piloting the system, including more than 20 port and terminal operators.
  
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• CBA confirms problem with Visa transactions

  20-08-2018 01:37
  The Commonwealth Bank of Australia says some Visa transactions are not being processed due to a technical issue.
  
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