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The Latest Breaking News from TPG

Optus’s triple zero debacle is further proof of the failure of the neoliberal experiment

Privately owned monopolies always look to increase profits at the expense of consumers. Australia must hasten its return to public ownership of vital infrastructure

The Guardian - AU

iiNet hacked: customers' emails, phone numbers exposed

Hundreds of thousands of Australians have had their email addresses or phone numbers exposed in a cyber attack on a major internet provider.

AAP

Google cops $55m fine for search engine deals on phones

Google engaged in anti-competitive behaviour when it asked telcos to install only its search engine on phones, Australia's competition watchdog says.

AAP

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These 3 Stocks Just Announced Dividend Increases of 33% to 55%

Three stocks just greatly sweetened the pot for income-oriented investors. Their dividend raises of 33% to 55% are among the largest investors will ever see.

MarketBeat

The ASX’s rookie error is just the latest of many blunders. Investors are losing confidence

It was the latest blow to the credibility of the Australian Securities Exchange (ASX). This time, the nation’s stock exchange mixed up two company names in an error that briefly wiped A$400 million off the market value of our third biggest telco, TPG Telecom.

The Conversation

ASX faces listing competitor after damaging TPG blunder

Financial regulator ASIC is considering approving an ASX rival to launch a competitor listing market, which the treasurer hopes will boost investment.

AAP

Sea of green as Aussie shares notch highest-ever close

Investors have shrugged off the previous week's gloom to send Australian equities to their best-ever close as rate-sensitive stocks led the bourse higher.

AAP

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AI chatbots pushing buttons of weary telco customers

While the rates of telco customers making complaints rise, companies continue to roll out dehumanised customer service bots to help their bottom line.

AAP

Telco TPG cops warning for triple-zero code breach

A telco that did not declare an outage to relevant parties has been given a warning as a watchdog cracks down on triple-zero code breaches.

AAP

Starlink shut down on United regional jets — Reports of radio interference on Embraer E175 aircraft prompt switch off

United has turned off Starlink on its regional Express service following reports of radio interference.

Tom’s Hardware

They sued after their medical devices failed. But billionaire bankruptcy moves could mean they get nothing

A Guardian investigation found that legal claims against private-equity-backed healthcare companies are increasingly being delayed or obstructed in bankruptcy court

The Guardian - US

Vodafone Accuses Telstra Of Misleading Australians With Its Coverage Claims

Vodafone has called for a regulatory investigation, alleging Telstra appears to have been misleading Australians "for more than a decade".

Pedestrian.tv

Telstra accused of beating around the bush on coverage

Telstra admits changing its website to update coverage claims, but denies it misled customers as the consumer watchdog considers the allegations.

AAP

TPG-spinout Greenfield Partners raises $400 million fund to back early growth companies

How Greenfield helps startups manage an “environment of controlled chaos.”

Fortune

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The Guardian - AU

Major outage hits TPG, Vodafone, iiNet, Internode and Kogan customers amid wild NSW weather

Thousands of customers lose broadband access after power outage following widespread thunderstorms in Sydney and interstate

Barchart

Is This 'Strong Buy'-Rated Tech Stock With 41% Upside a Buy Now?

This tech stock may pay dividends, but growth-oriented investors should look elsewhere.

Fortune

David Bonderman hailed by everyone from Goldman Sachs CEO to NHL players as PE pioneer passes away at 82

Seattle Kraken is currently led by Samantha Holloway, Bonderman’s daughter.

Top News

David Bonderman, Co-Founder Of TPG, Passes Away At 82

Learn about the life and legacy of David Bonderman, a finance and sports figure known for co-founding TPG and leading the creation of the Seattle Kraken team.

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The Independent UK

David Bonderman, co-founder of private equity firm TPG and co-owner of Seattle Kraken, dies at 82

A lawyer and investor who managed money for one of the richest families in Texas, helped create one of the giants of the private-equity business and pushed to bring professional hockey to Seattle has died

The Conversation

Booking a summer holiday deal? Beware ‘drip pricing’ and other tactics to make you pay more than you planned

Have you ever spotted what looked like a great deal on a website, added it to your “basket” and proceeded to checkout – only to find extra fees added on at the last minute?

The Independent UK

DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company

International Business Times

DirecTV-Dish Merger In Jeopardy: Here's The Issue

Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds

Fortune

Uber teases new gig opportunities for humans in a world of autonomous cars

What's the future for humans in a world of AI? Major companies are already planning new roles.

AAP

Vocus to acquire TPG's fibre network assets for $5.25b

TPG Telecom will sell its fibre and fixed-line fibre network assets to Vocus for $5.25 billion.

Fortune

This startup helps measure firms' carbon footprint—and is getting a boost from impact investing

Steve Ellis of TPG's Rise Funds and Persefoni CEO Kentaro Kawamori discuss using tech to drive change.

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