Warren Buffett's Berkshire Hathaway has bought a 121 million share stake in Hewlett Packard valued at more than $US4.2 billion ($5.6 billion) sending HP shares surging almost 10% on the US stock market. This gives Buffett's company 11.4% ownership of HP.



American security company WatchGuard has been accused of withholding full details of a remotely exploitable vulnerability in its firewall devices until news broke that the flaw was being exploited by attackers from Russia's military to assemble a botnet, according to a report in the American website Ars Technica.

Optus is offering Formula One fans a virtual experience of the Albert Park track during this week's Melbourne Grand Prix.

Analyst firm Gartner predicts that worldwide IT spending will be US$4.4 trillion ($5.9 trillion) in 2022, up 4% from 2021. But Australian spending is tipped to increase by 13.1% to $117.2 billion.

Cybersecurity is a continual problem for enterprises, governments, small businesses, and home users alike. Yet, not all cyber threats are the same. Research from Trellix finds it is Governments who are behind many of the most dramatic breaches in recent times.

Secure coding training specialist Secure Code Warrior's annual The State of Developer-Driven Security survey has found that 86% do not view application security as a top priority when writing code, despite paying lip service to a security-led software development lifecycle.

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

Stephen Withers, newsletter editor, iTWire



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