iTWire Update – Australian Owned and Operated

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Hi John,


The Federal Court has ordered EnergyAustralia to pay $14 million in penalties for making false, misleading or deceptive statements to hundreds of thousands of consumers about electricity prices, and failing to provide mandatory information required by the Electricity Retail Code (the Code).

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AI-powered cloud networking solutions provider Zyxel Networks has launched the PoE12-3PD, a cloud outdoor/indoor power over Ethernet (PoE) Extender.

Nokia’s research arm, Nokia Bell Labs, and e&, a global technology group, announced today that they have signed a year-long, non-binding memorandum of understanding (“MoU”) for R&D collaboration to create AI-based use cases for strategic industrial sectors.

oftware provider Emerson has extended its partnership with OT and IoT security provider Nozomi Networks to offer the latter’s solutions for industrial control system cyber resilience and real-time operational visibility to Emerson’s Ovation automation platform customers worldwide.

The Australian Competition and Consumer Commission (ACCC) announced it included Elon Musk's telco Starlink as a reporting entity under the Internet Activity Record Keeping and Reporting Rules.

The market for AI-related hardware and software is expected to grow between 40% and 55% annually, reaching between $780 billion and $990 billion by 2027, according to new research.

Businesses in Australia and New Zealand (ANZ) plan on investing in generative AI (Gen AI) at a rate that exceeds the global average.

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

Josh Martinez, newsletter editor, iTWire

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