ACCC on digital platforms: It’s not a case of Schumpeterian creative destruction

ACCC on digital platforms: It’s not a case of Schumpeterian creative destruction

Australian Competition and Consumer Commission (ACCC) chair Rod Sims on Wednesday touched on the battle the watchdog is currently facing with Google and Facebook on the platforms’ “considerable” market power, saying it isn’t simply a case of creative destruction.”The digital platforms, Google and Facebook, clearly have market power. It is simply extraordinary how the digital…

Adobe releases another out-of-band patch, squashing critical bugs across creative software

Adobe releases another out-of-band patch, squashing critical bugs across creative software

Adobe has released a second out-of-band security update to patch critical vulnerabilities across numerous software products.  The patch, released outside of the tech giant’s typical monthly security cycle, impacts Adobe Illustrator, Dreamweaver, Marketo, Animate, After Effects, Photoshop, Premiere Pro, Media Encoder, InDesign, and the Creative Cloud desktop application on Windows and macOS machines. See also: Everything announced…

Australian government to review domestic payments system regulation

Australian government to review domestic payments system regulation

The Australian government on Wednesday said it would commence a review into the regulatory architecture of the country’s payments system to ensure it is fit for purpose and can support continued innovation. According to Treasurer Josh Frydenberg, the review will look at whether the existing regulatory architecture of the payments system is suitable given rapid…

Australian government to build data platform to help drought-stricken farmers

Australian government to build data platform to help drought-stricken farmers

The Australian government has gone to market seeking for help to design, develop, and roll out an online digital tool that farmers can use to assess the risk and impact caused by climate change.According to the request for tender (RFT), the drought resilience self-assessment tool (DR SAT) would be used to provide data and online…

LG begins official sales of rollable OLED TV

LG begins official sales of rollable OLED TV

Image: LG LG Electronics has begun sales of its highly-touted rollable OLED TV in South Korea. The LG Signature OLED R, model name RX, will be available in seven premium consumer electronics stores in the country. It will be available for 100 million won, approximately $87,000, the company said on Tuesday. The 65-inch OLED screen…

Toyota to bring LTE to vehicles in Australia with Telstra and KDDI

Toyota to bring LTE to vehicles in Australia with Telstra and KDDI

Image: CNET/CBS Interactive Toyota Motor Corporation Australia (TMCA) announced on Tuesday it was partnering with Telstra to bring LTE connectivity to “select TMCA vehicles” in late 2020. The connectivity will initially be used for “new safety and security services designed to provide customers with additional peace of mind”, the companies said. Details on the functionality…

Google sits astride Australian smart speaker market: Telsyte

Google sits astride Australian smart speaker market: Telsyte

Google is able to claim 61% of the Australian smart speaker market, analyst firm Telsyte said in a survey with 1,070 respondents. Telsyte said Google had a majority share of the 2.6 million households with a market speaker, followed by Amazon with 17% of the market, Apple with 4%, and other brands collectively accounting for…

Google says it mitigated a 2.54 Tbps DDoS attack in 2017, largest known to date

Google says it mitigated a 2.54 Tbps DDoS attack in 2017, largest known to date

Image: Google Cloud The Google Cloud team revealed today a previously undisclosed DDoS attack that targeted Google service back in September 2017 and which clocked at 2.54 Tbps, making it the largest DDoS attack recorded to date. In a separate report published at the same time, the Google Threat Threat Analysis Group (TAG), the Google security team that analyzes…