iTWire Update – Australian Owned and Operated

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Hi John,


Australian telecommunications company TPG Telecom's interim net profit for the six months to 30 June 2024 declined 40% from a year ago to $29 million amid slow subscriber growth, prompting a cut in 120 jobs to save costs.

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TV streaming company Roku opened a new office in Bengaluru in India, describing the new office as the expansion into “Silicon Valley of India.”

Drone services provider Sphere Drones has secured a significant tender with the Western Australian Police Force (WAPOL) to supply drone-in-a-box and associated systems for their Drones as First Responder (DFR) program.

Australian-listedf environmental intelligence technology company Envirosuite has announced that Hitachi Construction Machinery has agreed to invest $10m to acquire approximately 12% of Envirosuite’s share capital at a price of $0.058 per share.

Fully vertically integrated AI cloud platform Nscale partnered with Singaporean telco Singtel to unlock both companies’ GPU capacity across Europe and Southeast Asia.

45Drives president Dr Doug Milburn says it's time for organisations of all sizes to take greater control of their infrastructure, in a move he dubs demicrosoftification.

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

Josh Martinez, newsletter editor, iTWire

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