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ABA says big tech tax gap putting payments at risk
4+ hour, 38+ min ago (585+ words) The Australian Banking Association has warned that national payment systems are being placed at risk by a widening gap in the tax and regulatory obligations placed on banks and large multinational digital players. ABA chief executive Simon Birmingham said that…...
Macquarie Bank saves 130, 000 hours in seven months of Gemini Enterprise use
8+ hour, 42+ min ago (462+ words) Director of product for enterprise AI enablement Shahnwaz Ali told the Google Cloud Next "26 conference in Las Vegas that the bank had so far "delivered 130, 000 productivity hours back to people" by using Gemini Enterprise to automate mostly manually-repetitive tasks. "They…...
Git Hub patches critical 'git push' remote code execution bug
5+ hour, 12+ min ago (325+ words) Microsoft-owned open source code hosting platform Git Hub has acknowledged and patched a critical vulnerability that allowed arbitrary remote code execution, following a report from Wiz researchers. The vulnerability is rated as 8. 7 out of 10 on the Common Vulnerabilities Scoring System…...
Always-on defence becomes critical as AI accelerates cyber threats: Infotrust
7+ hour, 38+ min ago (261+ words) Attackers have access to the same AI tools and technologies that we use to defend ourselves," says Simon Mc Kay, CEO of Cyber at Infotrust. In this edition of Cyber Strategy Brief for i Tnews, Mc Kay explains how the…...
Open AI's latest AI models, Codex now available on Amazon Bedrock
8+ hour, 56+ min ago (450+ words) Open AI is now offering its latest AI "models and "its Codex coding agent on Amazon's cloud services platform, a day after the Chat GPT creator loosened its ties with long-time backer Microsoft. Open AI is also rolling out a…...
Alleged 'Hafnium' hacker-for-hire extradited to the United States
1+ day, 1+ hour ago (409+ words) A Chinese national accused of directing attacks as part of the large scale'Hafnium intrusion campaign has appeared in court in the United States after being extradited from Italy over the weekend. Xu Zewei []' 34, appeared in the US District Court in…...
Woolworths gives agentic-powered Olive chatbot to its 200, 000 staff
1+ day, 8+ hour ago (850+ words) Woolworths has gone live with an agentic AI-augmented version of its Olive chatbot to its 200, 000-plus staff, and revealed how it is keeping the agentic responses grounded and accurate. At Google Cloud Next "26 in Las Vegas, technology director of digital…...
NAB is building an "AI science" team
1+ day, 3+ hour ago (202+ words) NAB is assembling an "AI science" team to drive adoption of the technology across the bank, headed up by a data scientist from Mc Kinsey's AI arm, Quantum Black. The bank's chief AI officer Mahya Knox said that the team…...
Australia to charge Big Tech companies two percent levy unless they strike local news deals
1+ day, 43+ min ago (327+ words) The Australian "government said that Meta, Alphabet's Google and Tik Tok could face multimillion-dollar charges if they did not negotiate deals to pay local media outlets for news on their platforms. A proposed News "Bargaining Incentive would tax the three…...
Lion to embed AI across its operations
1+ day, 3+ hour ago (258+ words) Lion is deploying Open AI's Chat GPT Enterprise to its 2500 staff and agentic coding tool Codex as well, as part of a plan to embed AI across its operations. The company said in a statement that it intends to utilise…...