Read everything that’s happened in the news so far today.
In today’s news, why Brookfield would want a part of Optus, former Qantas executive Olivia Wirth to run Myer, Ashurst scoops up four new partners.Australian shares are trading flat near midday as falls by the big four banks play tug-of-war with gains in iron ore miners led by benchmark heavyweight BHP.People who glamorise crime on social media could face two years in jail under the opposition’s draft laws; Anthony Albanese says Labor has “no plan” to ban TikTok. Follow updates here.
Australia already has a reputation for taking on Chinese tech threats and the government should be doing that again, say a range of experts in Washington.For Hamas, an Islamist militant group founded to destroy the Jewish state, victory now has largely narrowed to one thing: survival.The company behind Facebook, WhatsApp and Instagram said that it did not steal content from publishers but provided them with free clicks – valued at 5¢ each.
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Optus takeover: Inside PE giant Brookfield’s playbook for OptusBrookfield’s done this sort of telco turnaround before, and well within our view. It also made a lot of money out of it.
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Optus sale: Singtel confirms ‘strategic reviews’ after Optus sale reportOptus’ owner has confirmed it is exploring options after The Australian Financial Review reported it was considering offloading the telco to Canadian group Brookfield.
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Optus Fails to Upload Customer Information, Putting 200,000 Mobile Customers at RiskThe Australian Communications and Media Authority found that Optus failed to upload required customer information to the integrated public number database, leaving close to 200,000 mobile customers at risk. ACMA started its investigation after a compliance audit indicated Optus had failed to upload data via its outsourced supplier. ACMA member Samantha Yorke expressed concern over the potential harm caused by this non-compliance.
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Singtel surges after report of $16 billion Optus sale talksSingapore’s largest carrier gained as much as 4.2 per cent before it was suspended from trading pending an announcement.
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Singtel surges after report of $16 billion Optus sale talksSingapore’s largest carrier gained as much as 4.2 per cent before it was suspended from trading pending an announcement.
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Singtel in advanced talks to offload Optus to Brookfield for $16bThe country’s second-largest telco group has had a difficult two years after a nationwide outage and a major cyberattack.
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