CBA backs bank push for access to tax data – Finance – Storage- Tempemail

CBA is hoping the Australian Taxation Office will allow individuals to consent to “one-off sharing” of their tax data when applying for a loan, backing an idea first raised by Macquarie. Macquarie’s personal banking arm raised the idea in August last year to help it meet responsible lending requirements. The Continue Reading

The DOJ may team up with state attorneys general to investigate Google over antitrust concerns

In context: Google is currently facing down numerous antitrust investigations from federal regulators and a coalition of 48 state attorneys general. However, these separate investigations might soon combine into one giant, legal threat against Google, if upcoming talks between the DOJ and the coalition in question pan out. For a Continue Reading

IT contractors now cost the Commonwealth $1bn a year – Strategy- Tempemail

The federal government’s outlay on IT contractors likely surpassed $1 billion last year, with new data revealing some agencies have more than doubled their spending on external tech labour since 2014-15. Around 35 – or a third – of the Commonwealth’s non-corporate and corporate agencies have disclosed their latest expenditure Continue Reading

Boris on Huawei: We will do 5G without hurting security – Hardware – Security – Telco/ISP- Tempemail

Prime Minister Boris Johnson said on Monday he would make a decision on Huawei’s role in Britain’s future 5G network that would give Britons the benefits of the new technology without compromising national security. Johnson is due to meet senior government ministers on Tuesday to decide whether to ban or Continue Reading

Hackers acting in Turkey’s interests believed to be behind recent cyberattacks – sources – Strategy – Security- Tempemail

Sweeping cyberattacks targeting governments and other organisations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said. The hackers have attacked at least 30 organisations, including government ministries, embassies and security services Continue Reading

Intel’s blockbuster results lift shares to dotcom peak, fire up sector – Finance – Cloud – Hardware- Tempemail

Intel Corp’s shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker’s data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector. At least 15 brokerages raised their price targets on Intel’s stock, with Continue Reading

New US curb on Huawei in limbo amid pushback from Pentagon – sources – Strategy – Hardware – Networking – Security- Tempemail

The US Commerce Department has withdrawn a rule aimed at further reducing sales to China’s Huawei Technologies amid concerns from the Defense Department the move would harm US businesses, people familiar with the matter said. The decision to pull the rule from the formal review process leaves its future in Continue Reading