The Federal Government's encryption law in its current form will have a negative impact on the country's ICT industry and block practitioners from innovating and exporting the products of their innovation, says the Australian Information Industry Association.

Global payment services provider SWIFT has completed a trial to integrate its cross-border instant payments service gpi Instant into Singapore’s domestic instant payment service, Fast And Secure Transfers (FAST) – with the fastest payment in the trial from Australia into Singapore processed via FAST in only 13 seconds.

Software giant Microsoft has reported record revenue for both the final quarter of the financial year 2019 and the whole year, pulling in US$33.7 billion for the quarter, a 12% year-on-year increase, and US$125.8 billion for the year, 14% more than in the preceding financial year.

The European Commission has hit American processor maker Qualcomm with a €242 million ($385.6 million) fine for abusing its market dominance in 3G baseband chipsets.

A court in the US has blocked the digital intelligence-gathering outfit DomainTools from scraping information about New Zealand domain name owners from the country's Domain Name Commission and making it public.

Fujitsu has launched its new Cyber Resilience Centre (CRC) in Canberra, with the facility to oversee managed and professional security services across the Oceania region.

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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