The financial position of the NBN Co, the company rolling out Australia's national broadband network, the NBN, is likely to worsen due to competition from wireless networks once 5G begins to make its presence felt, the Shadow Communications Minister Michelle Rowland has warned.

Meanwhile NBN price wars have begun. Stating it is taking the "telco war on price from mobile to NBN", Vodafone says it is "making high speed Vodafone NBN available to new and existing customers for under $60 per month" with savings of "up to $480 per year".

Cloud mobile and online business messaging solutions provider LivePerson has collaborated with Commonwealth Bank of Australia subsidiary Bankwest to create a new in-app conversational banking service that enables bank customers to message the bank for service over the bank’s website and app.

A vulnerability in the transport control protocol in version 4.9 of the Linux kernel and above leaves it open to a denial of service by a remote attacker, according to an advisory from CERT.

Undeterred by its recent travails, social media giant Facebook has started asking large American banks to share detailed information about their customers in order that it can offer new services to its two billion-plus users.

A Taiwan firm that makes processors for Apple's iPhones was hit by a variant of the WannaCry ransomware over the weekend and says the incident will cause shipment delays and additional costs.

Finally, does the Australian journalists' union the MEAA care about the plight of Julian Assange, Australia's highest profile journalist on the world stage? It does not appear so judging by its actions, says Sam Varghese in a scathing article.

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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