The Australian Labor Party has labelled valuation claims made by NBN Co chairman Ziggy Switkowski as bizarre and said no evidence has been produced to back up the $50 billion price tag he has put on the company.

Auckland-based Hawaiki Submarine Cable has signed an agreement with PacketFabric, a scalable platform that offers connectivity-as-a-service, to provision secure, low-latency trans-Pacific capacity on Hawaiki's submarine cable system and extend the reach of PacketFabric’s software-defined networking platform in the Asia-Pacific region.

Chinese venture capital firm Glory Ventures has led the expansion of a new investment round by Israeli start-up Hailo, developers of a proprietary processing architecture for deep learning on edge devices.

Process management and automation vendor Nintex has formed a partnership with Adobe to add electronic signing to its products' capabilities.

The main bacteria that cause chronic gum disease may be behind Alzheimer's disease, a report claims, based on a study carried out by Cortexyme, a pharmaceutical company in San Francisco.

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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