Communications Alliance and Energy Networks Australia (ENA) have signed a memorandum of understanding (MoU) to improve the way the two sectors collaborate and share knowledge when responding to emergency situations.
Under the MoU, the pair have agreed to improve the safety of communities by mitigating risks caused by telecommunications or power outages during emergencies, as well as the sustainability of telecommunications and power supply services to communities affected by emergencies to support their recovery.
The MoU also sets out that the two sectors will collaborate and coordinate on preparing telecommunications and electricity networks and infrastructure for responding to emergencies at local, regional, and state level.
A report prepared by the Australian Communications and Media Authority (ACMA) in May found that during the peak period of the Black Summer bushfires, most telecommunication outages were due to power failures rather than direct fire damage to communication assets.
The IT sector has the most job opportunities for remote workers following the coronavirus lockdown, new research from job search engine Adzuna has found.
A third of all UK remote job openings are in IT, with 15,400 remote jobs on offer — representing just under a quarter (24%) of IT vacancies and one-third (33%) of overall remote opportunities.
Since the outbreak of the coronavirus pandemic, interest in remote roles has skyrocketed as people worked from home during lockdown and UK prime minister Boris Johnson announced that employees who can “work effectively from home should do so over the winter.” Searches for “remote” opportunities have risen over 680% compared with January 2020.
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However, the number of remote roles on offer has increased just 147%
Steven DeSanctis of Jefferies told CNBC on Tuesday that many large technology stocks are getting “pricey” and investors should look for alternatives in other sectors.
“At nine times revenue, 10 times revenue, it gets a little pricey, and with that any bad news will actually be a huge detriment to these stocks,” the equity strategist said, referring to technology stocks.
He recommends investors buy stocks in industrials, consumer discretionary, and materials sectors as alternatives to technology.
Steven DeSanctis, Jefferies equity strategist, told CNBC on Tuesday that many large technology stocks are getting “pricey” and there are cheaper alternatives that investors can buy now.
“At some point you have to say what is too high,” DeSanctis said, referring to tech stock valuations. “At nine times revenue, 10 times revenue, it gets a little pricey, and with that any bad news will actually be a huge detriment to