Defence IT investment to climb to $20 billion over next decade – Strategy- Tempemail

The federal government is expected to spend more than $20 billion strengthening the Department of Defence’s IT and cyber security capabilities over the coming decade. The funding, outlined in the 2020 strategic update [pdf] released on Wednesday, forms part of a $270 billion package for new and upgraded Defence capabilities Continue Reading

Govt reveals $1.35bn investment in cybersecurity over next decade – Security- Tempemail

The government has unveiled a $1.35 billion investment to beef up Australia’s cybersecurity capabilities over the next decade, a third of which will go into a new team of 500 specialists. The investment is being called the “largest ever … in cybersecurity” in the country, and will be known as Continue Reading

Inadequate Investment in Cybersecurity is Behind Increase in Cyber Attacks | Tempemail

Following on this week’s Life Healthcare cyberattack, the issue of cybersecurity has once again been brought to the fore as businesses and individuals are forced to evaluate whether measures in place are strong enough to withstand major breaches in their security. Life Healthcare is the third major South African company Continue Reading

Investment in Digital Transformation is Expected to Reach $7.4 trillion by 2023, says Report | Tempemail

As organizations look to transform their business operations and revolutionize customer service, Digital Transformation (DX) is at the top of most CXOs’ agendas; in fact, DX spending is expected to approach $7.4 trillion between 2020 and 2023, a CAGR of 17.5%. However, according to the latest industry data released today from Veeam Continue Reading

Self Driving Startup Argo AI Raises $2.6 Billion Investment From Volkswagen- Tempemail

German automaker Volkswagen AG (VOWG_p.DE) has closed its $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup disclosed in a blog post on Tuesday. Argo, founded in 2016 by Bryan Salesky and Peter Rander, is now jointly controlled by Volkswagen and Ford Motor Co (F.N), which made an initial Continue Reading

Quick Heal Technologies makes Strategic Investment in Ray, a Singapore based Networking & Wireless Technology start-up- Tempemail

Read Article Quick Heal Technologies, a provider of Cybersecurity and Data Protection solutions to consumers, businesses and Government, today announced a strategic investment of INR 2 Crores in Ray Pte. Ltd., a Singapore based start-up specializing in next generation networking and wireless technology. The investment reinforces a shared vision of Continue Reading

Tempemail and FT reveal nominees for Brand Investment Award celebrating best brand-builders- Tempemail

Tempemail has teamed up with the FT to recognise the value of long-term strategy and creativity, which have become more important than ever in these testing times. Tempemail’s Brand Investment Award, sponsored by the FT, recognises the best examples of long-term thinking, creativity and execution amongst brands. However, given the Continue Reading

Refrens.com Raises Investment from Paytm founder, FirstCheque and others- Tempemail

Read Article Bengaluru based startup, Refrens.com, has raised funding from a group of angel investors including Vijay Shekhar Sharma (founder of Paytm) and Anupam Mittal ( Founder of Shaadi.com). Launched in July 2019, Refrens.com offers a free invoicing, payments and expense management system. The platform is designed for B2B service Continue Reading

TPG-Vodafone merger passes foreign investment review – Telco/ISP- Tempemail

TPG and Vodafone have received final regulatory approval for their planned $15 billion merger, with the Foreign Investment Review Board indicating it would not object. Vodafone Hutchison Australia (VHA) CEO Iñaki Berroeta said in a statement that the FIRB approval “meant the merger process was now well underway.” “The merger Continue Reading