IAG pours $37 million into digital – Strategy
Digital investments in its fee-based businesses set insurer IAG back $37 million in the 2022-2023 financial year, leading it to announce “restructured activities” to contain…
Category: ITnews
Nestle, Unilever among big advertisers shifting to AI – Software
Some of the world’s biggest advertisers, from food giant Nestle to consumer goods multinational Unilever, are experimenting with using generative AI software like ChatGPT and…
Hackers claim to have breached auDA – Security
Australia’s internet domain administrator, auDA, is confirming the details of what appears to be a data breach. AuDA first stated it was alerted to an…
Adobe co-founder John Warnock dies at 82 – Software
Photoshop maker Adobe’s co-founder John Warnock died on Saturday aged 82, the company said in a statement. The cause of his death was not disclosed.…
Latitude Financial flags $76 million in cyber incident costs – Finance – Strategy – Security
Latitude Financial has reported $76 million of pre-tax costs and provisions relating to the mid-March cyber incident which saw around 225,000 customer records stolen. The…
Coles online CFC delays push costs to $400 million – Strategy – Hardware – Software
Coles’ Victoria-based customer fulfilment centre (CFC) has been delayed due to construction issues, pushing the timeline out by a year and increasing the cost by…
7-Eleven Australia to deploy computer vision in some stores – Software
7-Eleven Australia is set to deploy a computer vision-based system by startup Grabango in a selection of stores that will remove the need for customers…
Toll Government and Defence targets second phase of IT modernisation – Strategy – Cloud
Toll Government and Defence is moving into the second and final phase of modernising and “fortifying” its IT environment, which has seen it become one…
Lenovo Q1 revenue misses – Hardware
Lenovo Group posted a worse-than-expected 24 percent fall in revenue for the April-June quarter, hit by a prolonged slump in global demand for personal computers.…
Super Retail Group to open new automated distribution centre – Strategy
Super Retail Group (SRG) will open a new automated distribution centre (DC) in Victoria, to reduce its supply chain costs, improve home delivery and minimise…
Victoria to create whole-of-gov identity, device mandates – Security
The Victorian government will spend the next year creating “new, non-overlapping cyber security guidance” and mandated standards for the over 3000 entities in the state’s…
Telstra decides not to sell its InfraCo Fixed business – Telco/ISP
Telstra has shelved plans to sell part of its InfraCo Fixed business unit for the time being, as it handed down its full-year results showing…