Hi John, Another day, another set of quarterly results from the NBN Co, the company rolling out Australia's broadband network, but little change from earlier quarters. For the first quarter of FY 2020, the company said on Tuesday it had recorded losses of $1.18 billion, compared to $875 million a year earlier.
Five months after it obtained a deposit-taking licence from the regulator APRA, the Australian digital bank 86 400 has started offering home loans with next to no paperwork, speeding up the time it takes from application to approval. Australian data firm Fast Data Recovery reportedly offered to decrypt files that had been encrypted by the Dharma ransomware for a fee of $9650, a security professional claims. Uber Australia has launched a customer loyalty program to reward people for riding with the ride share company and dining through Uber Eats. Australian-listed energy storage technology company Redflow has been chosen by the New Zealand Rural Connectivity Group (RCG) to provide zinc-bromine flow batteries to store energy in off-grid telecommunication sites in remote rural locations. On the people news front global payment company Verrency has appointed former Paypal executive Dickson Chu to its global advisory board and Macquarie Government has awarded this year's cyber security scholarship to Adel Aljuboury, a computer science student at Western Sydney University. And of course, there's plenty more so for all the news visit www.itwire.com. Have a great day! Stan Beer, Editor, iTWire ADVERTISE IN THIS NEWSLETTER & iTWire.com Contact: andrew.matler@itwire.com 0412 390 000
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