OzCrunch

Cyber bullying is affecting more than one in five young Australians, a youth survey has found.

The Reserve Bank has raised concerns over changes to online auction website eBay in a submission to the consumer watchdog.

NATIONAL Australia Bank has earmarked up to $1 billion to overhaul its legacy banking systems.

THE Reserve Bank of Australia has joined a chorus of high-profile organisations, including ASIC and ABA, to denounce eBay’s proposal to use PayPal as its main payment method.

TELSTRA has reaffirmed its 2008 financial year earnings guidance, expecting earnings before interest and tax to rise up to 8 per cent.

CAD/CAM, PLM, and visualization technology provider Autodesk has acquired content-creation software provider Realviz for an undisclosed sum to strengthen its 2D and 3D design portfolio.

Deutsche Telekom has reported an increase of 101% in net profit to 924m euros ($1.42bn) for the first quarter 2008, on revenue down 3% at 15bn euros ($23bn). It said the drop in revenue was the result of a decline at the company’s broadband/fixed network and business customer units.

Computer Sciences Corp has won a seven-year $413m IT outsourcing contract extension from telecommunications company TDC to provide IT infrastructure services.

Database tools provider Embarcadero has agreed to acquire the CodeGear division of Borland Software for $23m.

Red Hat has released a middleware management platform to centralize network monitoring and maintenance.