A paper prepared by KPMG for its clients warns that revenue leakage is a major issue for the rapidly growing, multimillion dollar ringtone market.

Ipstar-1, the world's largest commercial satellite, was successfully launched on 11 August aboard an Ariane 5 rocket from the European spaceport in Kourou, French Guiana.

Qualcomm is to acquire broadband wireless developer, Flarion Technologies, a pioneer of Orthogonal Frequency Division Multiplex Access (OFDMA) and the inventor of FLASH-OFDM mobile broadband technology.

Telstra's new CEO, Sol Trujillo, has elevated one of his so-called 'three amigos' to a new position of chief operations officer giving him control over 60 percent of Telstra's staff.

The market value of Telstra fell $1.7 billion yesterday in the wake of its annual results announcement, despite a record profit.

The dream of diskless computers with limited onboard intelligence being served with applications over high bandwidth networks is nothing new. In fact, the thin client vision is very retro given that dumb terminals and centralised processing was where IT was at 25 years ago.

Sun Microsystems has reported earnings that outpaced Wall Street expectations for the quarter. But the company's revenue continued to fall, indicating that the computer maker has yet to achieve a turnaround, reports The New York Times (27 July).

IBM has introduced a new line of mainframe computer that is not only twice as powerful as its predecessor but also intended to make it easier for corporations to encrypt vast amounts of customer information and to bundle the workloads of many smaller computers onto an IBM mainframe.

On train CCTV systems provider, Innovonics (ASX: INO) has won a $6.5 million contract to supply cameras and associated software to the NSW Rail Authority for trains on its outer suburban rail lines.