Shares of Facebook plunged by more than 20% on Thursday in after-hours trading, a day after the company announced what is its slowest growth of users and warned that revenue would fall for the remainder of the year.

A new technology incubator, The Studio, has been launched in Sydney in a move designed to cultivate start-up and scale-up businesses in the media, entertainment, communications, games, sound, design and creative industries.

Employment site Seek's latest analysis shows the ICT sector is paying some of the highest average salaries in the country.

Australian-listed satellite company Sky and Space Global is stepping up its efforts to bring nano-satellite based communications to the Caribbean.

Industries in Western Australia are benefitting from the recent launch of new Japanese satellites, a newly released research report claims.

Global payments company Swift is to collaborate with companies and banks in the testing of an enhanced multi-bank standard aimed at further improving cross-border payments experience for multi-banked corporates.

And of course, there's plenty more so for all the news visit www.itwire.com.

Have a great day!

Stan Beer, Editor in Chief, iTWire

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