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The Latest Breaking News from Singtel

3 Tech Stocks for Bullish Investors This Week

The technology industry is growing rapidly owing to the rapid adoption of emerging technologies and increased enterprise spending on digitization. Amid this backdrop, it could be wise to invest in quality tech stocks Ericsson (ERIC), Pure Storage (PSTG), and Proto Labs (PRLB) this week for substantial gains. Continue reading.

StockNews.com

Singtel Anticipates 2024 Second-Half Loss, .3B Impairment Flagged

Singtel's projected loss and impairment raise concerns about its financial health and strategic direction in the telecom market.

Top News

Seven rescued from remote WA finally home – as it happened

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The Guardian - AU

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Australia's second-largest telco loses its CEO after a network outage that hit almost 40% of the country's population

The Nov. 8 outage, which affected ten million customers, was the second national scandal under outgoing CEO Kelly Bayer Rosmarin.

Fortune

Optus CEO Kelly Bayer Rosmarin resigns after network outage

Optus parent company Singtel says ‘priority is about setting on a path of renewal for the benefit of the community and customers’

The Guardian - AU

More than 200 Optus customers unable to call triple zero during 14-hour outage, Senate inquiry told

Chief executive Kelly Bayer Rosmarin faced grilling at Senate inquiry on Friday over last week’s network outage

The Guardian - AU

Dutton calls the shots as Labor folds on visa breaches

Labor bowing to opposition demands and rushing through mandatory minimum sentences on bridging visa breaches is condemned as ‘deeply disturbing’ by Labor veteran Kim Carr, and Optus CEO Kelly Bayer Rosmarin is considering pulling the plug.

Crikey

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Optus CEO Kelly Bayer Rosmarin faces Senate grilling as Singtel denies it was to blame for outage

Telco claimed its parent company was responsible but Singapore conglomerate says its upgrade was not the cause

The Guardian - AU

The Optus outage shows us the perils of having vital networks in private hands

Optus chief executive Kelly Bayer Rosmarin is set to front a Senate inquiry this week, probing last week’s colossal outage which left millions stranded without internet or mobile phone connectivity for a staggering 14 hours.

The Conversation

Optus outage: Millions affected as Australia's second largest telecommunications network goes down

Payment, transport and health systems were thrown into chaos, with 40 per cent of Australians unable to use phones or internet

Evening Standard

Indian monitoring systems creating ‘backdoor’ for surveillance firms: FT report

India’s “so-called lawful interception monitoring systems” are helping create a “backdoor” that allows “Prime Minister Narendra Modi’s government to snoop” on citizens as “part of the country’s growing surveillance regime”, according to a Financial Times report.

Newslaundry

Singapore jails woman for swindling Pokemon card buyers

SINGAPORE: After being told by a woman in Singapore that he would receive a discount on each case of Pokemon cards from his bulk purchase on Carousell, one buyer paid her close to S$80,000 (US$60,000) in deposits.

Bangkok Post

Exclusive-China plans $500 million subsea internet cable to rival U.S.-backed project

Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and…

Reuters

AIS chief expected to carry on in 2023

Somchai Lertsutiwong, chief executive of Advanced Info Service (AIS), is expected to continue his leadership role at the country's leading mobile operator for one or two more years following his scheduled retirement at the end of this year, according a source at AIS's parent company InTouch Holding.

Bangkok Post

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AAP

Singapore PM offers help with Optus breach

The Singaporean prime minister has offered to provide assistance to Australian authorities if needed when responding to the Optus data hack.

The Guardian - AU

Singtel confirms 2020 data breach after cyber-attack on Optus

Parent company of Australian telco says that the personal data of 129,000 customers and 23 businesses was obtained in a cyber-attack two years ago

AAP

Optus engaging lawyers 'not a good look'

Optus is being dragged over the coals after promising to "vigorously defend" any class actions launched by Australian customers over a major security breach.

Crikey

Bull from a China shop

China used the riots in Honiara last year to stir hostility among Solomon Islanders against Australia and the United States, and Essendon Football Club is once again without a CEO after Andrew Thorburn quit after 30 hours on the job.

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AAP

Telstra staff have details hacked

Thousands of current and former Telstra staff have found themselves implicated in the latest data breach, as Optus deals with the fallout of a cyber attack.

The Guardian - AU

The biggest hack in history: Australians scramble to change passports and driver licences after Optus telco data debacle

Government says telecommunications giant ‘left the window open’ for unsophisticated attack that could lead to European-style privacy laws

The Guardian - AU

Companies could be forced to delete customer data used to prove ID, Labor suggests

Albanese government considering sweeping overhaul of data retention and privacy laws following massive Optus cyber hack

The Guardian - AU

Anthony Albanese says ‘Optus should pay’ for new passports for data breach victims

Push comes day after states suggest telco will pick up multi-million dollar tab for replacing driver’s licences of affected customers

Bangkok Post

Grab, Singtel join Singapore’s digital bank battle next week

Grab Holdings Ltd and Singapore Telecommunications Ltd plan to roll out a banking app next week, joining tech giants like Jack Ma’s Ant Group Co in taking advantage of the country’s fintech liberalisation.

People

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Sydney Morning Herald

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