Financial Services

Xerox prepares to take HP buyout bid hostile

Xerox prepares to take HP buyout bid hostile

After the personal computer maker refused to open its books for due diligence.
Staff Writer Nov 27 2019 6:57AM Financial Services
Ericsson to invest over US$230 million in Brazil to build new 5G assembly line

Ericsson to invest over US$230 million in Brazil to build new 5G assembly line

Likely to stir competition with Finland's Nokia and China's Huawei.
Gabriela Mello Nov 27 2019 6:57AM Financial Services
Hewlett Packard Enterprise revenue misses estimates, shares fall

Hewlett Packard Enterprise revenue misses estimates, shares fall

Hit by low server and storage demand.
Staff Writer Nov 26 2019 12:10PM Financial Services
Westpac CEO, chairman, skewered over middleware failures

Westpac CEO, chairman, skewered over middleware failures

Tandem ritual sacrifice over monster regulatory tech fail.
Julian Bajkowski Nov 26 2019 12:09PM Financial Services
Led by high tech, Israeli exports to hit record of US$114 billion in 2019

Led by high tech, Israeli exports to hit record of US$114 billion in 2019

From US$109 billion last year.
Staff Writer Nov 25 2019 1:43PM Financial Services
CBA tells government to declassify cyber intelligence faster

CBA tells government to declassify cyber intelligence faster

So it can act on emerging threats.
Julian Bajkowski Nov 25 2019 1:40PM Financial Services
France's 5G spectrum to be sold at floor price of €2.17bn

France's 5G spectrum to be sold at floor price of €2.17bn

Ministry at odds with telco regulator.
Mathieu Rosemain Nov 25 2019 1:09PM Telco/ISP
RBA issues call for better business data

RBA issues call for better business data

Wants “innovative” insights into health of unlisted companies.
Julian Bajkowski Nov 25 2019 7:11AM Financial Services
ANZ is quietly building a brand new banking platform

ANZ is quietly building a brand new banking platform

Exclusive: Chases tenfold improvement in speed and capability.
Ry Crozier Nov 25 2019 7:10AM Financial Services
Britain's TSB hit again by IT failure, delaying customer wages

Britain's TSB hit again by IT failure, delaying customer wages

Customers woke up to find vital payments had not reached their accounts.
Staff Writer Nov 25 2019 6:43AM Financial Services
CBA now paying some customers to use Apple Pay

CBA now paying some customers to use Apple Pay

As rivals spruik cashback for transit taps.
Julian Bajkowski Nov 22 2019 7:00AM Financial Services
Xerox threatens to take HP bid hostile

Xerox threatens to take HP bid hostile

Will go directly to shareholders if 'friendly' discussions don't occur.
Staff Writers Nov 22 2019 6:40AM Financial Services
Apple supplier Japan Display says exec embezzled $7.9m

Apple supplier Japan Display says exec embezzled $7.9m

As cash-strapped screenmaker seeks bailout.
Staff Writer Nov 21 2019 12:48PM Financial Services
Westpac’s hopeless monitoring software festered for a decade

Westpac’s hopeless monitoring software festered for a decade

Hartzer delivers mother of all apologies, but sits tight.
Julian Bajkowski Nov 21 2019 7:09AM 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

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