Australia passed a law that challenges the right of tech companies to sell devices with unbreakable encryption. The Telecommunications and Other Legislation Amendment (Assistance and Access) Act 2018, which took effect last month, covers all devices sold in Australia. But if Apple, for example, creates a back door for its iPhones sold there, authorities in other countries previously stymied by Apple’s tough encryption could demand the same access. Australia’s law said it can’t ask a company to build universal decryption. Continue reading New Australian Legislation Challenges Unbreakable Encryption

International Data Corporation (IDC) projects that global revenue from public cloud services will surpass $195 billion by 2020, more than doubling this year’s forecast of $96.5 billion. The new figures, part of IDC’s Worldwide Semiannual Public Cloud Services Spending Guide, represent a compound annual growth rate of 20.4 percent over 2015-2020. Also, IDC expects that revenue from Infrastructure as a Service and Platform as a Service will increase at a faster rate than revenue from Software as a Service. Media, telecom and retail will experience the fastest revenue growth. Continue reading Cloud Services Spending to Reach $195 Billion in Four Years

Oracle announced yesterday afternoon that Larry Ellison has agreed to step down as chief executive officer, concluding what Businessweek described as “one of the most entertaining and profitable runs for a leader in business history.” Ellison, who turned 70 last month, has run the company since co-founding it in 1977. He will remain chairman of Oracle’s board and will become the chief technology officer. Oracle execs Safra Catz and Mark Hurd will share the CEO responsibilities. Continue reading End of an Era: Larry Ellison to Step Aside as Oracle’s Chief