Google parent Alphabet saw its share price punished by nearly 6% after announcing an all round poor set of results for the third quarter, falling significantly short of expectations on both top line revenues and bottom line earnings.



Microsoft has seen its profits drop 14% year-on-year in the first quarter of financial year 2023 as PC sales were affected by the slowing economy.

Adelaide-based fintech platform and digital lender Tic:Toc has added five staff to its leadership team as part of its growth agenda.

Medical technology service provider Cabrini has picked healthcare clinical device data security and integration platform Medigate by Claroty to enhance its specialised biomedical managed services portfolio and add critical medical device cybersecurity capabilities to address the growing threats within healthcare environments.

The Labor Party promised, prior to the election in May, that it would bring down power bills by $275 yearly by 2025. That last bit is important: by 2025.

And as always there's plenty more today, so for all the news please visit www.itwire.com.

Stan Beer, newsletter editor, iTWire



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