EDITOR'S NOTE

Good afternoon,

We again lead with the developing story around the local fallout from Satyam's billion dollar corporate governance disaster.

NAB is the latest customer said to be weighing up options in the wake of the scandal.

Like Qantas they appear to have contingency plans in place - and although Satyam hasn't given customers any reason to pursue alternate options, analyst firm Ovum is still convinced the outsourcer's days in its current form could be numbered.

We'll continue to update you on the story as it unfolds.

-- Ry Crozier

TODAY ON ITNEWS

By Ry Crozier | January 09, 2009

The National Australia Bank has confirmed the future of its services contract with Satyam is 'under review' following revelations of a US$1 billion accounting fraud at the Indian outsourcing giant.

By Staff writers | January 09, 2009

Telstra has opened for public comment its latest regional and rural presence plan but said customers would wear the cost of it preparing the 'unnecessary' document.

By Iain Thomson | January 09, 2009

As expected Palm has unveiled a new smartphone and operating system that it believes outperforms every other smartphone on the market.

By Staff writers | January 09, 2009

Broadband Over Powerline (BPL) has moved a step closer with the IEEE P1901 working group approving the baseline for a draft standard.

By Phil Muncaster | January 09, 2009

A quarter of IT staff in small and medium-sized businesses have suffered verbal or physical abuse at work, and many are looking for careers elsewhere, according to new research from IT support firm Connect.

By Tom Young | January 09, 2009

The IT team that will build and support the systems behind the London 2012 Olympic Games is taking shape.

By Rosalie Marshall | January 09, 2009

India's fourth largest outsourcing provider, Satyam, is busy reassuring customers that business will continue as usual following the financial fraud committed by the company's chairman Ramalinga Raju.

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