Telstra’s decision to scrap thousands of jobs and ditch its key current pricing model could see the price of its services go up, analysts say.Chief executive Vicki Brady announced a ‘reset’ of the business on Tuesday, and revealed 2,800 jobs would go as a result of Telstra pivoting away from declining revenue streams in its fixed enterprise business, and restructuring the way it prices its products.Ms Brady said the redundancies would take place before the end of the year, and allow Telstra to streamline its sale and service model, cut the cost base of its tech services and reduce its...…Telstra’s decision to scrap thousands of jobs and ditch its key current pricing model could see the price of its services go up, analysts say.Chief executive Vicki Brady announced a ‘reset’ of the business on Tuesday, and revealed 2,800 jobs would go as a result of Telstra pivoting away from declining revenue streams in its fixed enterprise business, and restructuring the way it prices its products.Ms Brady said the redundancies would take place before the end of the year, and allow Telstra to streamline its sale and service model, cut the cost base of its tech services and reduce its...WW…

Facebook has said it will take aggressive and exceptional measures to “restrict the circulation of content” on its platform if November’s presidential election descends into chaos or violent civic unrest.In an interview with the Financial Times, Nick Clegg, the company’s head of global affairs, said it had drawn up plans for how to handle a range of outcomes, including widespread civic unrest or “the political dilemmas” of having in-person votes counted more rapidly than mail-in ballots, which will play a larger role in this election due to the coronavirus pandemic.“There are some...…Facebook has said it will take aggressive and exceptional measures to “restrict the circulation of content” on its platform if November’s presidential election descends into chaos or violent civic unrest.In an interview with the Financial Times, Nick Clegg, the company’s head of global affairs, said it had drawn up plans for how to handle a range of outcomes, including widespread civic unrest or “the political dilemmas” of having in-person votes counted more rapidly than mail-in ballots, which will play a larger role in this election due to the coronavirus pandemic.“There are some...WW…

A group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese owner, as the popular short-video app tries to escape being banned by the White House.The investors, led by the venture capital firms General Atlantic and Sequoia Capital, are in discussions with the US Treasury and other regulators to see if spinning out TikTok and firewalling it from its Chinese parent would satisfy US concerns about the app, according to two people involved in the process.Last weekend, President Donald Trump’s election campaign placed ads on Facebook suggesting that TikTok was...…A group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese owner, as the popular short-video app tries to escape being banned by the White House.The investors, led by the venture capital firms General Atlantic and Sequoia Capital, are in discussions with the US Treasury and other regulators to see if spinning out TikTok and firewalling it from its Chinese parent would satisfy US concerns about the app, according to two people involved in the process.Last weekend, President Donald Trump’s election campaign placed ads on Facebook suggesting that TikTok was...WW…

The US Senate has become the latest organization to tell its members not to use Zoom because of concerns about data security on the video conferencing platform that has boomed in popularity during the coronavirus crisis.The Senate sergeant at arms has warned all senators against using the service, according to three people briefed on the advice.One person who had seen the Senate warning said it told each senator’s office to find an alternative platform to use for remote working while many parts of the US remain in lockdown. But the person added it had stopped short of officially banning the...…The US Senate has become the latest organization to tell its members not to use Zoom because of concerns about data security on the video conferencing platform that has boomed in popularity during the coronavirus crisis.The Senate sergeant at arms has warned all senators against using the service, according to three people briefed on the advice.One person who had seen the Senate warning said it told each senator’s office to find an alternative platform to use for remote working while many parts of the US remain in lockdown. But the person added it had stopped short of officially banning the...WW…

Facebook and Twitter are struggling to contain rising anger from Donald Trump’s supporters online, as a wave of momentum builds around the US president’s claims that the election is being stolen from him.In the past 24 hours, Facebook has invoked emergency measures to make it harder for users to share posts that contain misleading information, to remove such posts from people’s newsfeeds, and to restrict the circulation of poll-related livestreams.The social media company has also expanded its warning labels from posts by political candidates to a wider web of rightwing influencers, many of...…Facebook and Twitter are struggling to contain rising anger from Donald Trump’s supporters online, as a wave of momentum builds around the US president’s claims that the election is being stolen from him.In the past 24 hours, Facebook has invoked emergency measures to make it harder for users to share posts that contain misleading information, to remove such posts from people’s newsfeeds, and to restrict the circulation of poll-related livestreams.The social media company has also expanded its warning labels from posts by political candidates to a wider web of rightwing influencers, many of...WW…

Facebook will lift a ban on political advertising imposed after the US election to curb the spread of misinformation, and it has pledged to investigate whether its political ads systems need a further overhaul.Advertisers would be able to resume running political ads on March 4, Facebook said in a blog post on Wednesday. It said it had introduced the temporary moratorium “to avoid confusion or abuse following Election Day.”The social media company said it had received “feedback” about its ads system during the latest election cycle, including its inability to distinguish between ads from...…Facebook will lift a ban on political advertising imposed after the US election to curb the spread of misinformation, and it has pledged to investigate whether its political ads systems need a further overhaul.Advertisers would be able to resume running political ads on March 4, Facebook said in a blog post on Wednesday. It said it had introduced the temporary moratorium “to avoid confusion or abuse following Election Day.”The social media company said it had received “feedback” about its ads system during the latest election cycle, including its inability to distinguish between ads from...WW…

Cyber attackers have targeted the cold supply chain needed to deliver COVID-19 vaccines, according to a report detailing a sophisticated operation likely backed by a nation-state.The hackers appeared to be trying to disrupt or steal information about the vital processes to keep vaccines cold as they travel from factories to hospitals and doctors’ offices.According to the report by IBM’s threat intelligence task force, which advises companies and the public sector on cyber security, they targeted organizations associated with a cold chain platform run by the Gavi vaccine alliance, a...…Cyber attackers have targeted the cold supply chain needed to deliver COVID-19 vaccines, according to a report detailing a sophisticated operation likely backed by a nation-state.The hackers appeared to be trying to disrupt or steal information about the vital processes to keep vaccines cold as they travel from factories to hospitals and doctors’ offices.According to the report by IBM’s threat intelligence task force, which advises companies and the public sector on cyber security, they targeted organizations associated with a cold chain platform run by the Gavi vaccine alliance, a...WW…

Expert insights, analysis and smart data help you cut through the noise to spot trends,risks and opportunities.Join over 300,000 Finance professionals who already subscribe to the FT.Try full digital access and see why over 1 million readers subscribe to the FT$1 for 4 weeksThen $69 per monthNew customers onlyCancel anytime during your trialRead moreBe informed with the essentialnews and opinion$40 per monthOR$375 for 1 yearRead moreFT print edition delivered Monday - Saturday along with ePaper access$50 for 3 monthsThen $74.75 every 3 monthsRead morePremium FT.com access for multiple...…Expert insights, analysis and smart data help you cut through the noise to spot trends,risks and opportunities.Join over 300,000 Finance professionals who already subscribe to the FT.Try full digital access and see why over 1 million readers subscribe to the FT$1 for 4 weeksThen $69 per monthNew customers onlyCancel anytime during your trialRead moreBe informed with the essentialnews and opinion$40 per monthOR$375 for 1 yearRead moreFT print edition delivered Monday - Saturday along with ePaper access$50 for 3 monthsThen $74.75 every 3 monthsRead morePremium FT.com access for multiple...WW…

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