Financial Services

Alibaba will raise up to US$12.9 billion in Hong Kong listing - sources

Alibaba will raise up to US$12.9 billion in Hong Kong listing - sources

Details of secondary listing leaked.
Scott Murdoch Nov 20 2019 1:39PM Financial Services
Westpac busted 23m times over epic money tracking system failure

Westpac busted 23m times over epic money tracking system failure

AUSTRAC pounces on years of systemic dysfunction across $11bn.
Julian Bajkowski Nov 20 2019 1:14PM Financial Services
Negative interest rates threaten to choke bank IT systems

Negative interest rates threaten to choke bank IT systems

ANZ, CBA, NAB, Westpac scramble to test tech.
Julian Bajkowski Nov 18 2019 1:41PM Financial Services
Google bid to end Oracle copyright suit goes to Supreme Court

Google bid to end Oracle copyright suit goes to Supreme Court

As feud over copyright infringement in approaches a decade in length.
Andrew Chung Nov 18 2019 6:57AM Financial Services
US Defense chief rejects Amazon's accusations of bias in JEDI contract

US Defense chief rejects Amazon's accusations of bias in JEDI contract

"Conducted freely and fairly, without any type of outside influence".
Phil Stewart Nov 18 2019 6:57AM Financial Services
HP Inc rejects Xerox deal, but happy to keep talking

HP Inc rejects Xerox deal, but happy to keep talking

Execs "recognize the potential benefits of consolidation" but says deal undervalues HP.
Simon Sharwood Nov 18 2019 6:41AM Financial Services
Internet Society sells .org to private equity firm

Internet Society sells .org to private equity firm

No price hikes promised.
Juha Saarinen Nov 17 2019 1:46PM Financial Services
Amazon challenges Pentagon's US$10-billion cloud award to Microsoft

Amazon challenges Pentagon's US$10-billion cloud award to Microsoft

AWS CEO says bias needs to be rectified.
Jeffrey Dastin and David Shepardson Nov 15 2019 1:23PM Financial Services
NAB sheds new light on data breach incident, outages

NAB sheds new light on data breach incident, outages

Affected customers revised down as staff cop mandatory training.
Julian Bajkowski Nov 15 2019 1:19PM Financial Services
Icahn takes stake in HP, pushes for merger with Xerox

Icahn takes stake in HP, pushes for merger with Xerox

Buys US$1.2bn stake in HP Inc in push for computer maker's merger with printer maker.
Staff Writer Nov 15 2019 6:05AM Financial Services
Commonwealth Bank CTO details how crap data, legacy can kill you

Commonwealth Bank CTO details how crap data, legacy can kill you

"Every single one of us went through grief, anger, denial, sorrow, humility”.
Julian Bajkowski Nov 15 2019 12:57AM Financial Services
Alibaba launches US$13.4bn Hong Kong listing to fund expansion

Alibaba launches US$13.4bn Hong Kong listing to fund expansion

Braving unrest in the global financial hub.
Scott Murdoch and Jennifer Hughes Nov 14 2019 6:45AM Financial Services
Google to offer bank accounts next year - source

Google to offer bank accounts next year - source

In partnership with Citigroup Inc.
Staff Writer Nov 14 2019 6:45AM Financial Services
China's digital currency not seeking 'full control' of individuals' details

China's digital currency not seeking 'full control' of individuals' details

Balancing 'controllable anonymity' and money laundering concerns.
Staff Writer Nov 13 2019 1:05PM Financial Services
Ransomware attack at Mexico's Pemex halts work, threatens to cripple computers

Ransomware attack at Mexico's Pemex halts work, threatens to cripple computers

Hackers try to wring ransom from Mexican state oil firm.
Adriana Barrera Nov 13 2019 6:58AM Financial Services
SAP to streamline hardware infrastructure in drive to lift margins

SAP to streamline hardware infrastructure in drive to lift margins

Holds R&D costs steady.
Staff Writer Nov 13 2019 6:58AM Financial Services
How Westpac's new CIO slashed his IBM mainframe bill

How Westpac's new CIO slashed his IBM mainframe bill

Among other vendors.
Julian Bajkowski Nov 12 2019 11:59PM Financial Services
NAB security team chases down investment scam sites

NAB security team chases down investment scam sites

Mike Baird applauds as Andrew Forrest takes Facebook to task in searing letter.
Simon Sharwood Nov 12 2019 7:00AM Financial Services
Alibaba's Singles' Day sales hit US$30bn, on track for record

Alibaba's Singles' Day sales hit US$30bn, on track for record

Equivalent to over 80 percent Amazon.com Inc's online store sales in the latest quarter.
Josh Horwitz Nov 12 2019 6:55AM Financial Services
Amazon's US$1.5 million political gambit backfires in Seattle City Council election

Amazon's US$1.5 million political gambit backfires in Seattle City Council election

Rebuke to heavy corporate campaign spending revives chances for tax on big businesses.
Gregory Scruggs Nov 12 2019 6:44AM Financial Services

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