Google and Facebook have acquired enough market power to distort the ability of businesses to compete on merits in advertising, media and a number of other markets, the Australian Competition and Consumer Commission says in its final digital platforms inquiry report.

As predicted in iTWire, Apple has bought a majority stake in Intel's smartphone modem business for US$1 billion and about 2200 Intel employees will move to the Cupertino-based iPhone maker, along with intellectual property, equipment and leases.

Predictably, the Federal Government has kicked any decision on the digital platforms inquiry report down the road - to a point in time when it knows whatever it does will not irritate the US Government.

Australian consumers are catching on to Catch-Up TV in record numbers, with new research findings revealing the take up of smart TV’s and devices like Apple TV and Chromecast, are “revolutionising” the way viewers watch content.

Finnish telecommunications equipment vendor Nokia says strong demand for 5G has driven growth in its business for the second quarter and helped the company achieve “compelling results’ for the full year 2019.

SMBs are the primary target for cyberattacks yet most are unprepared and “severely underestimate their cyber security vulnerabilities” when it comes to cybercriminals and cybersecurity risks, according to research of the US market.

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

Have a great day!

Stan Beer, Editor, iTWire

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andrew.matler@itwire.com

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