Australian telecoms giant and market leader
Cred’s leadership shift and Meta’s $900 million investment strengthen WhatsApp’s push into payments and business services. Kunal Shah departs Cred to lead WhatsApp; Miten Sampat becomes interim WhatsApp chief strategy officer as Cred scales toward an IPO.
A national outage affecting mobile and data services has disrupted emergency calls, EFTPOS payments, transport networks and rail services. Telstra says a software defect in time-keeping servers caused the disruption, which has been fully resolved after about 12 hours. Regulators will investigate.