Stan Beer co-founded iTWire in 2005. With 30 plus years of experience working in IT and Australian technology media, Beer has published articles in most of the IT publications that have mattered, including the AFR, The Australian, SMH, The Age, as well as a multitude of trade publications.
Fast growing ASX listed telco M2 Group (ASX:MTU) has thrown a spanner in the works of TPG’s $1.5 billion cash bid to buy number three broadband provider iiNet with what looks to be a sensational $1.85 billion counter offer combining scrip in the merged company plus a cash bonus to shareholders. Early indications are that the market likes the proposed M2 deal a lot better than the TPG offer.
Australia’s only would-be commercial satellite operator has hit the wall and been placed into administration after it was revealed that French Government-owned creditor COFACE has withdrawn a major portion of the funding for the US$650 million project to put the Jabiru-1 satellite into space.
Delegates to a global Internet governance and digital privacy conference have questioned the Australian Government’s legislation on cybersecurity, which they consider as extreme, flawed, and sacrificing human rights, according to a delegate, who is a member of the Internet Society of Australia.