China’s securities regulator has cleared an approximately $4 billion share offering by a leading memory maker, bringing the highly anticipated listing a step closer following the company’s recent technological breakthroughs.
Tag: leading
AI, Global Security News, Risk Management
AI Voice Cloning: The Technology Behind It, Who’s Building It, and Where It’s Headed
Explore AI voice cloning technology, leading companies, real-world uses, ethical risks, and future trends shaping synthetic voices.
AI, Compliance, Cybersecurity, Global Security News, Network Security, privacy
News alert: LuxSci launches HIPAA-compliant email platform for mid-size healthcare market
CAMBRIDGE, Mass., May 5, 2026, CyberNewswire—LuxSci, a leading provider of HIPAA compliant secure healthcare communications, today announced the launch of LuxSci Secure High Volume Email for mid-sized healthcare organizations, the industry’s trusted HIPPA-compliant email solution now packaged and priced for mid-size healthcare organizations. Regional health systems, health plans, specialty group practices, urgent care networks, and…
AI, china, Global Security News, Government & Policy, Russia
Internet censorship index reveals Russia’s lead and widespread content blocking
Global study shows targeted internet censorship worldwide, with Russia leading; VPNs, news, and adult content are most frequently blocked categories. The Global Internet Censorship Index 2026 offers a clear view of how governments around the world control online access. Researchers tested 74 popular websites across 53 countries using residential proxies to simulate real users. After…
AI, Apps, Compliance, Cybersecurity, Endpoint, Global Security News, malware, Network Security, Risk Management
Margin vs. Madness: Fixing MSSP Top 5 Operational Nightmares
Leading a managed security services provider has never been a comfortable job. And it isn’t now, though the demand for MSSPs has never been higher. The global threat landscape is expanding faster than most enterprise security teams can keep pace with, and organizations across every sector are turning to managed providers to fill the gap. For MSSP leaders, this…
AI, Global Security News, Risk Management
GIGABYTE Launches MO27Q28GR OLED Gaming Monitor in Australia, the Only Brand Offering Both Glossy and Matte 4th Gen WOLED Options
GIGABYTE, the world’s leading computer brand, announces today the MO27Q28GR, a 27-inch QHD gaming monitor featuring a glossy OLED panel, is now available in Australia. Building on the success of the MO27Q28G, this new variant expands the lineup to offer greater flexibility for gamers and creators. With both glossy and matte options available, GIGABYTE becomes…
Global Security News
Tech Mahindra Reports Increased Revenue for FY26 and EBIT rises up 39.2% YoY
Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for the quarter and year ended March 31, 2026.
Global Security News, Network Security
GapMaps Names Peter Holmes CEO to Lead Global Expansion
COMPANY ANNOUNCEMENT: GapMaps, the leading location intelligence platform powering physical network expansion, today announced the appointment of Peter Holmes as Chief Executive Officer.
AI, Apps, Exploits, Global Security News
Phishing reclaims the top initial access spot, attackers experiment with AI tools
Phishing returned as the leading method attackers used to break into organizations in the first quarter of 2026, accounting for over a third of engagements where initial access could be determined, according to Cisco Talos. It is the first quarter phishing has led the category since Q2 2025, when exploitation of public-facing applications took over…
AI, Global Security News
GIGABYTE Collaborates with NVIDIA® on GeForce RTX™ 50 Series and PRAGMATA™ Bundle
GIGABYTE, the world’s leading computer brand, announces the collaboration with NVIDIA for the PRAGMATA™ GeForce RTX 50 Series game bundle across eligible graphics cards, desktops, and laptops powered by NVIDIA GeForce RTX™ 5070 or above GPUs and Laptop GPUs. Powered by NVIDIA Blackwell architecture, the GeForce RTX™ 50 Series GPUs bring game-changing capabilities to gamers.…
Global Security News
GIGABYTE Collaborates with CAPCOM for Resident Evil™ Requiem Bundle in Australia and New Zealand
GIGABYTE, the world’s leading computer brand, today announced a collaboration with CAPCOM for the Resident Evil™ Requiem game bundle in Australia and New Zealand. The promotion applies to select GIGABYTE OLED gaming monitors and high-performance gaming desktops, giving eligible gamers access to a Resident Evil™ Requiem Standard Edition game code with purchase.
AI, Cybersecurity, Global Security News
GIGABYTE Announces Exclusive ANZ Bundle: 12 Months of Surfshark One with Select Gaming Laptops
GIGABYTE, the world’s leading computer brand, today announced a strategic partnership with Surfshark, a global pioneer in cybersecurity. Starting today, customers in Australia and New Zealand (aged 18+) who purchase select GIGABYTE AERO X16 or GIGABYTE GAMING A16 gaming laptops from authorized resellers can redeem a free 12-month Surfshark One subscription (valued at over $170 AUD). This partnership delivers…
AI, Global Security News
Peacock Bros. Streamlines Warehouse Operations for a Global Information Management Leader with Advanced RFID Solution
Peacock Bros., a leading provider of supply chain technology, printing, and labelling solutions, has announced the successful deployment of an advanced RFID tracking solution for a global leader in information management and storage. The solution dramatically enhances the efficiency of locating high-value and sensitive files and documents within expansive storage facilities.
AI, Data Breaches, Global Security News
5 Ways Zero Trust Maximizes Identity Security
Stolen credentials remain a top breach vector, often leading to unchecked privilege escalation. Specops explains how identity-first Zero Trust limits access, enforces device trust, and blocks lateral movement. […]
AI, Global Security News
Adactin Launches Spark Graduate Program to Strengthen Australia’s Digital Workforce
COMPANY ANNOUNCEMENT: Adactin, a leading Australian technology services provider with deep expertise in cloud, AI, and quality engineering services, today announced the launch of the Adactin Spark Graduate Program, a digital skills uplift program designed to support IT students transitioning from academic study to real-world industry experience.
AI, Global Security News
Humanforce Launches Humanforce Connect, the First Operating System for Frontline and Flexible Work
Humanforce, a leading global provider of intelligent, AI-driven human capital management (HCM) solutions for frontline workforces, today announced the launch of Humanforce Connect, the first frontline and flexible workforce management operating system.
Compliance, Exploits, Global Security News
Qualys TRU Research Finds Manual Remediation Can’t Keep Up As Exploitation Hits ‘Negative One Day’
GUEST RESEACH: Qualys, Inc. (NASDAQ: QLYS), a leading provider of cloud-based IT, security and compliance solutions, today released a new research report, The Broken Physics of Remediation, revealing how exploitation timelines are outpacing human-scale remediation, and why traditional patch metrics can no longer describe true business exposure.
AI, Compliance, Global Security News, Network Security, Risk Management
Minimus Appoints Tech Dealmaker Yael Nardi as Chief Business Officer to Drive Hyper-Growth
NEW YORK, NY – April 7, 2026 – Minimus, a leading provider of hardened container images and secure container images designed to eliminate CVE risk, today announced the appointment of Yael Nardi as Chief Business Officer (CBO). In this newly created role, Nardi will architect the company’s next phase of scale, overseeing a high-velocity top-of-funnel…
AI, APAC, Global Security News
V2 AI achieves Databricks Silver Partner status
Leading AI and Data consultancy in APAC, V2 AI has been recognised as a Databricks Silver Partner, marking a significant milestone in its commitment to delivering advanced data and AI solutions for enterprise organisations.
AI, Global Security News
Medtech giant Stryker fully operational after data-wiping attack
Stryker Corporation, one of the world’s leading medical technology companies, says it’s fully operational three weeks after many of its systems were wiped out in a cyberattack claimed by the Iranian-linked Handala hacktivist group. […]
Cybersecurity, Global Security News
efex acquires IT solutions provider Priority 1 IT, ‘strengthening regional presence and healthcare capability’
efex, one of Australia’s leading providers of managed IT services, cybersecurity, technology solutions, and business optimisation. has acquired Priority 1 IT, strengthening its geographical footprint in Queensland and deepening its healthcare and medical IT capability”.
AI, Global Security News
Teradata Named to 2026 Constellation ShortList for Hybrid and Multicloud Analytical Data Platforms
Recognition positions Teradata as a leading enterprise platform for AI-driven decision intelligence across hybrid and multicloud environments
AI, Global Security News
Baidam Appoints Anita Sheridan-Roddick As Chief Revenue Officer To Champion Growth
COMPANY ANNOUNCEMENT: Hot on the heels of being named CEO of Baidam, Australia’s leading First Nations information technology provider, Beau Hodge has appointed Anita Sheridan-Roddick (formerly National Sales Director) as Chief Revenue Officer (CRO).
AI, Global Security News, malware
TeamPCP Targets Telnyx Package in Latest PyPI Software Supply Chain Attack
Socket and Endor Labs discovered a new TeamPCP campaign leading to the delivery of credential-stealing malware
Cybersecurity, Global Security News, Government & Policy
At RSAC, the EU Leads While US Officials Are Sidelined
While US government sits out this year, EU officials are on the ground in San Francisco leading the conversations on today’s top cybersecurity challenges.
AI, Global Security News
Motorola Unveils Its Most Impressive Lineup of Smartphones and Accessories in Australia
Leading camera innovation, powerful AI capabilities and strategic partnerships power the new Motorola lineup, marking a major step toward smarter, more intuitive technology
AI, Global Security News
Metcash Selects Coveo AI as an e-Commerce Partner for AI Search
Australia’s leading wholesaler teams with Coveo and SAP to elevate product discovery, personalization and conversion, helping independent retailers make informed procurement decisions, speeding ordering, invoicing, and receiving products
Global Security News
Interactive secures IT Managed Services Agreement with Major Superannuation Fund
The leading Australian IT service provider will support the delivery of Hostplus’ technology strategy to enhance service delivery and operational resilience.
Global Security News
Getac announces CommandCore: remote drone control solution for defence, public safety and utilities in Australia and New Zealand
COMPANY NEWS: Getac Technology Corporation (Getac), a leading provider of rugged computing and mobile video solutions and a manufacturer with advanced in-house capabilities, today announced the launch of its brand new CommandCore rugged drone control solution for defence, public safety and utilities in Australia and New Zealand.
AI, Global Security News
Pullman Phuket Arcadia Strengthens Revenues and Market Position with IDeaS G3 RMS
IDeaS, a SAS company and the world’s leading provider of hospitality revenue management software and services, today announced that Pullman Phuket Arcadia Naithon Beach has strengthened its revenues and market position with IDeaS G3 RMS. Since adopting the system, the property has achieved a 10.3% rise in Revenue Generation Index (RGI) and a 10.5% increase…
AI, Exploits, Global Security News
Attackers are handing off access in 22 seconds, Mandiant finds
Exploits remain the leading entry point for attackers for the sixth consecutive year, according to Mandiant’s M-Trends 2026 report, which draws on more than 500,000 hours of incident response work conducted in 2025. The data shows attackers speeding up their internal hand-offs, shifting away from email phishing, and targeting backup and virtualization infrastructure with greater…
AI, Global Security News
HONOR and ARRI Announced Strategic Technical Collaboration to Bring ARRI Image Science into Next-Generation Consumer Devices
Leading AI device ecosystem company HONOR has entered into a strategic technical collaboration with ARRI, the world-renowned designer and manufacturer of professional camera technology for cinematic storytelling. This landmark partnership marks a significant step in extending established cinematic standards into the rapidly evolving world of mobile imaging.
AI, Global Security News
Australia’s first Semiconductor Roadmap
The Semiconductor Sector Service Bureau (S3B) has announced it is leading the development of Australia’s first National Semiconductor Roadmap, a 15-year strategic plan designed to strengthen the nation’s semiconductor capability, competitiveness and supply-chain resilience.
AI, APAC, Global Security News, Network Security
Lightstorm Upgrades JGA Submarine Cable with Ciena to Support 400Gbps Services Enabling Next-Generation Cloud and AI Connectivity Between Japan and Australia
COMPANY NEWS: Lightstorm, a leading cloud and AI network infrastructure platform delivering high-performance terrestrial and subsea connectivity across Asia-Pacific, today announced the successful quadrupling of client service capacity of its Japan–Guam–Australia (JGA) submarine cable system. Powered by Ciena’s WaveLogic coherent optical technology, the upgrade significantly increases capacity and performance across the JGA route. This enables scalable,…
AI, Global Security News, Network Security
Telstra and Bendigo Bank announce new five-year partnership
Bendigo Bank has entered into a new arrangement with Telstra, Australia’s leading telecommunications and information services company, to supply telecommunications to its business and extensive, national retail network.
AI, Apps, Cloud Security, Compliance, Cybersecurity, Data Breaches, Data Security, Endpoint, Exploits, Global Security News, Government & Policy, malware, Network Security, privacy, Risk Management
Top 25 Cybersecurity Companies in 2026
This guide is for IT leaders, security professionals, and decision-makers looking to explore leading cybersecurity companies in 2026 and evaluate vendors across key areas of modern security. Cybersecurity has become one of the most critical priorities for organizations operating in today’s world. As businesses adopt cloud computing, remote work, artificial intelligence (AI), and increasingly complex…
Global Security News
HCLTech named as one of the World’s Most Ethical Companies by Ethisphere for third consecutive year
COMPANY ANNOUNCEMENT: HCLTech, a leading global technology company, has been recognized as one of the 2026 World’s Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
AI, Apps, Cloud Security, Compliance, Cybersecurity, Data Breaches, Data Security, Endpoint, Exploits, Funding, Global Security News, malware, Network Security, Risk Management, Venture
Meet the 2026 Cybersecurity Startups Beating Hackers at Their Own Game
Cyber threats are advancing fast in 2026… and startups are leading the charge to stop them. Startups are racing to counter new threats like AI-powered phishing, deepfake fraud, ransomware-as-a-service, and supply-chain attacks. At the same time, venture capital is returning to cybersecurity, AI is reshaping both offense and defense, and regulators are raising the bar…
Global Security News, Network Security
Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion
COMPANY NEWS: Launchd, Australia’s leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand’s most respected talent agencies, bringing together two of the region’s most influential creator networks at a moment of rapid market acceleration.
AI, Apps, Cybersecurity, Data Breaches, Global Security News, Network Security
Robotic surgery firm Intuitive reports data breach after targeted phishing attack
Intuitive suffered a phishing attack leading to a data breach exposing customer, employee, and corporate information. Intuitive is an American company that designs, manufactures, and sells robotic systems for minimally invasive surgery. Its most well-known products include the da Vinci Surgical System for general surgery and the Ion endoluminal system for precise procedures inside the…
AI, Global Security News
Workiva Bolsters APJ Investment with Strategic Executive Appointment Amid Period of Sustained Growth
Workiva Inc. (NYSE: WK), a leading, AI-powered platform for trust, transparency, and accountability, is fueling its investment in Asia-Pacific and Japan (APJ), announcing the appointment of Kristen “KP” Pimpini as Vice President of Sales and General Manager, APJ. The appointment comes on the heels of a sustained period of Workiva customer and employee momentum across APJ.
Global Security News
HCLTech partners with Hockey Victoria to support Melbourne Cobras
COMPANY ANNOUNCEMENT: HCLTech, a leading global technology company, today announced a partnership with Hockey Victoria to support the Melbourne Cobras franchise, which will debut in the Hockey One League this year.
AI, Global Security News
Cloudwerx Joins OpenAI Services Partner Program to Deliver Enterprise Agentic AI
COMPANY NEWS: Cloudwerx, a leading Australian provider of advanced data, analytics and Generative AI services, today announced it has joined the OpenAI Services Partner program, reflecting its expertise in designing, deploying and governing production-grade agentic systems using OpenAI models and APIs.
AI, Global Security News
Humanforce Launches Behaviour-Driven Recognition for Frontline Workforces
Humanforce, a leading global provider of intelligent, AI-driven human capital management (HCM) solutions for frontline workforces, today announced the launch of Rewards & Recognition, new capabilities within Humanforce Benefits that use workforce data and event-triggered automation to recognise and reward frontline employees for everyday behaviours that drive operational performance.
AI, Global Security News
Baidam appoints Beau Hodge as CEO
COMPANY ANNOUNCEMENT: Baidam, a leading First Nations information technology provider, has announced the appointment of Beau Hodge to the role of CEO. Hodge has held a succession of senior roles within Baidam since joining nearly five years ago.
AI, Global Security News, malware
Medtech giant Stryker offline after Iran-linked wiper malware attack
Leading medical technology company Stryker has been hit by a wiper malware attack claimed by Handala, an Iranian-linked and pro-Palestinian hacktivist group. […]
AI, Global Security News
Google completes acquisition of Wiz
COMPANY ANNOUNCEMENT: Google LLC today announced the completion of its acquisition of Wiz, a leading cloud and AI security platform headquartered in New York. Wiz will join Google Cloud and maintain its brand and commitment to securing customers across all cloud environments.
AI, Apps, Data Breaches, Exploits, Global Security News, Network Security, Risk Management
Why access decisions are becoming the weakest link in identity security
In my nearly two decades leading identity and risk programs, I’ve learned a sobering truth that every CISO eventually confronts: hackers don’t hack in — they log in. We often obsess over the perimeter and the sophistication of technical exploits, but many of the most damaging security failures I’ve witnessed didn’t involve a zero-day or…
AI, Global Security News
Lenovo supports major sovereign AI initiative, with Sharon AI’s Melbourne deployment of industry-leading 1K B200 Cluster
Lenovo is proud to announce its role in delivering a 1,000-GPU NVIDIA B200 cluster for leading Australian Neocloud Sharon AI (NASDAQ:SHAZ), at NEXTDC’s Tier IV M3 data centre in Melbourne. This is Lenovo’s largest-ever TruScale Infrastructure as a Service engagement, marking a significant step in the expansion of sovereign AI infrastructure in Australia.
AI, Global Security News
Baidam and Deadly Coders join forces to ignite STEM career pathways for First Nations students
COMPANY ANNOUNCEMENT: Baidam, a leading First Nations information technology provider, has signed a Memorandum of Understanding (MOU) with Deadly Coders, an Indigenous-owned not-for-profit dedicated to engaging Aboriginal and Torres Strait Islander students in STEM.
Apps, Global Security News
Calling all innovators: Applications now open for Cicada xTech23
Australia’s leading deep tech founders invited to apply for one of 23 coveted places in Australia’s biggest deep tech festival, Cicada xTech23.
AI, APAC, Global Security News
Firmus signs multi-year agreement with global hyperscale customer
Firmus Technologies (“Firmus”) has signed a long-term contract with a leading global technology company for dedicated AI infrastructure capacity at Project Southgate’s first deployment in Australia.
AI, Global Security News, Network Security
Lamipak Boosts Global Supply Chain Performance and Resilience With Blue Yonder
COMPANY NEWS: Leading aseptic packaging company will implement Blue Yonder Network to drive greater agility, efficiency and cost savings
AI, Global Security News
KleanNara Partners with Rimini Street to Accelerate Digital Transformation
COMPANY ANNOUNCEMENT: South Korea’s leading paper manufacturer cuts ERP support costs and improves response times with Rimini Street’s AI-driven solutions
AI, Global Security News
FULL VIDEO: From Fatal Chatbots to Big Tech Lobbying: Australia’s AI Expert Toby Walsh Warns of “Depressing” AI Future
Leading Australian AI expert Professor Toby Walsh has expressed outrage over ChatGPT offering to write a suicide note for a troubled teen who took his life in April 2025.
AI, Global Security News
Workers, bosses, disagree on whether AI will create jobs
Senior executives see AI adoption leading to job cuts, while workers say it will increase employment, according to a new survey published by the US National Bureau of Economic Research. Amid so much speculation about the impact of the new technology, NBER’s study is tantalizingly titled “Firm data on AI” — but the data, which…
AI, Global Security News
FBI Reports 1,900 ATM Jackpotting Incidents Since 2020, $20M Lost in 2025
The U.S. Federal Bureau of Investigation (FBI) has warned of an increase in ATM jackpotting incidents across the country, leading to losses of more than $20 million in 2025. The agency said 1,900 ATM jackpotting incidents have been reported since 2020, out of which 700 took place last year. In December 2025, the U.S. Department…
Global Security News, Risk Management
Interactive and Ansvar Insurance mark 15 years of partnership built on trust, security and shared goals
Interactive, a leading Australian technology services provider is marking 15 years of partnership with Ansvar Insurance Ltd, a relationship built on trust, security and a shared focus on reducing risk across a highly regulated environment.
AI, Data Breaches, Exploits, Global Security News, Network Security, Risk Management
The ephemeral infrastructure paradox: Why short-lived systems need stronger identity governance
In my experience leading engineering projects, I have encountered the same pattern repeatedly. We obsess over deployment speed. We measure success in commit velocity and uptime. But we rarely pause to ask the most uncomfortable question in the room: Who actually owns the identities we just spun up? This silence isn’t malicious; it’s structural. We…
AI, APAC, Apps, Compliance, Cybersecurity, Data Breaches, Europe, Funding, Global Security News, Network Security, News Alerts, Top Stories, Venture
News alert: GitGuardian raises $50M to tackle non-human identities crisis, AI agent security gap
NEW YORK, Feb. 11, 2026, CyberNewswire — GitGuardian, a leading secrets and Non-Human Identity (NHI) security platform and #1 app on GitHub Marketplace, today announced a $50 million Series C funding round led by global software investor Insight Partners… (more…)
The post News alert: GitGuardian raises $50M to tackle non-human identities crisis, AI agent security gap first appeared on The Last Watchdog.
Global Security News
Whiddon Partners With Telstra Health to Strengthen Delivery of Relationship-Based Aged Care Across NSW and Southeast Queensland
COMPANY ANNOUNCEMENT:Telstra Health, one of Australia’s leading digital health technology companies, has been selected by award-winning not-for-profit aged care provider Whiddon to deliver its residential aged care software solution.
AI, Global Security News
OpenAI Executive Who Opposed ‘Adult Mode’ Fired for Sexual Discrimination
Ryan Beiermeister served as the vice president leading OpenAI’s product policy team.
AI, Apps, Global Security News
Rimini Street pivots beyond third-party support, betting on agentic AI for ERP innovation
Rimini Street has spent nearly two decades building a formidable reputation as a leading provider of third-party enterprise software support. Now, according to Chief Revenue Officer Steve Hershkowitz, the company is repositioning itself as the global leader in independent third-party support for enterprise software applications.
AI, Apps, Global Security News
Rimini Street pivots beyond third-party support, betting on agentic AI for ERP innovation
Rimini Street has spent nearly two decades building a formidable reputation as a leading provider of third-party enterprise software support. Now, according to Chief Revenue Officer Steve Hershkowitz, the company is repositioning itself as the global leader in independent third-party support for enterprise software applications.
Compliance, Global Security News
Logicalis Australia launches Technology Assurance Services to help regulated organisations turn compliance into operational resilience
COMPANY NEWS: Logicalis Australia, a leading global technology services provider, has announced the launch of Technology Assurance Services (TAS), a consulting-led capability designed to help large, regulated organisations in Australia translate rising regulatory and operational resilience requirements into governed, measurable technology outcomes.
Compliance, Global Security News
Logicalis Australia launches Technology Assurance Services to help regulated organisations turn compliance into operational resilience
COMPANY NEWS: Logicalis Australia, a leading global technology services provider, has announced the launch of Technology Assurance Services (TAS), a consulting-led capability designed to help large, regulated organisations in Australia translate rising regulatory and operational resilience requirements into governed, measurable technology outcomes.
Compliance, Global Security News
Logicalis Australia launches Technology Assurance Services to help regulated organisations turn compliance into operational resilience
COMPANY NEWS: Logicalis Australia, a leading global technology services provider, has announced the launch of Technology Assurance Services (TAS), a consulting-led capability designed to help large, regulated organisations in Australia translate rising regulatory and operational resilience requirements into governed, measurable technology outcomes.
AI, Global Security News, LTE, Marketing, News, shop, X
Boycotting Etsy? Explore Etsy Alternatives to Create an Independent Shop
Etsy—a leading online marketplace for artists, makers, and other creative retailers—has recently come under fire for its decision to increase its transaction fee from 5 percent to 6.5 percent. The company announced the increase in its Q4 2021 earnings report and said that it expects to “invest most of the incremental revenue from this fee […]
The post Boycotting Etsy? Explore Etsy Alternatives to Create an Independent Shop appeared first on Small Business Computing.
AI, Global Security News
Boycotting Etsy? Explore Etsy Alternatives to Create an Independent Shop
Etsy—a leading online marketplace for artists, makers, and other creative retailers—has recently come under fire for its decision to increase its transaction fee from 5 percent to 6.5 percent. The company announced the increase in its Q4 2021 earnings report and said that it expects to “invest most of the incremental revenue from this fee…