iTWire Update – Australian Owned and Operated

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Hi John,


Online retail giant Amazon has been buffeted in after-hours trading, losing close to US$200 billion (A$310 billion) from its market value after it released its third-quarter results.

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Potentia Capital Management has proposed a $1.80 per share off-market takeover bid for PDF and esigning specialist Nitro Software.

Meta, the parent company of Facebook, WhatsApp and Instagram, has seen US$800 billion (A$1.24 trillion) wiped off its market value after the company reported less than inspiring results for its third quarter.

US State Department spokesman Ned Price appears to have forgotten that his country's government is pursuing WikiLeaks founder and publisher Julian Assange over publishing material that has embarrassed Washington.

Google has said, in a regulatory filing, that its Play Store is being targeted in an anti-trust investigation by the European Union, Reuters reports.

Multinational media organisation Thomson Reuters left three unsecured databases containing sensitive corporate and customer data, including third-party server passwords in plain text, on the Web, the media outlet Cybernews reports.

And as always there's plenty more today, so for all the news please visit www.itwire.com.

Stan Beer, newsletter editor, iTWire

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