COMMENT: Telstra is set to become a major media Company after cutting an $11 Billion dollar deal with the Federal Government and the National Broadband Network Company. Key to their growth will be the Australian Competition and Consumer Commission who have the right of veto on several aspects of the deal.
Australian Biometric solutions company Bio Recognition Systems announced it has won global industry endorsement of its BioLock+ security access control system, having recently received the rarely conferred "Most Innovative Security Product" award in the Sensor category at the Security Network's recent 5th Annual Security Summit in California.
3Com Corporation, a leading provider of secure converged networking (SCN) solutions and Westcon Group, an IT distributor specialising in networking technology, solutions for convergence, security and storage, have announced that they have mutually agreed to terminate their partnership agreement in Australia, expected to take effect by the end of August.
EXCLUSIVE: Apple Australia appears to be struggling when it comes to making a profit, with financial documents obtained by SmartHouse revealing that profits fell in 2009 to just $2.5 Million despite revenue growth of 42% to $1.64 Billion dollars.