Facebook posts mysteriously disappear
Tech behemoth Meta says a technical error caused mental health support posts from Australian LGBTQIA+ groups to be pulled offline.
Technology
Surprising reason for ASX’s sudden spike
The ASX 200 finished the week strongly off the back of surging commodity stocks and an unexpected business partnership
Major bank hit by outage on Christmas Eve
A major bank has restored services after an outage left customers unable to access their accounts on one of the busiest shopping days of the year.
Horrifying trend among kids emerges
Parents have been issued an urgent warning after a horrifying trend no child should ever be exposed to emerged online.
Infamous Aussie crypto figure dealt big blow
An Australian man who planted himself into one of the great mysteries of the digital age has been found in contempt of court.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
Albo’s boast after ‘shenanigans’ on new laws
Australia has effectively passed some of the world’s strictest regulations for social media use, which will put teens and social media giants on notice.
Huge warning over dodgy GST refunds
The Australian Taxation Office has issued a major warning amid their crackdown of business owners trying to cheat the GST system, following a huge spike in fraudulent claims.
Most trusted Aussie brands revealed
Despite using privacy-invading facial recognition cameras, a major retailer has held its spot as the No.1 most trusted Australian brand.
‘Exactly right’: Albo’s tongue-in-cheek remark
The Prime Minister has jokingly backed a suggestion that tech companies would comply with a new under-16 social media ban if they received one thing.
Former PM‘s huge payday from sale to Telstra
Former prime minister Paul Keating is expecting a huge payday as Telstra acquires Boost Mobile, the company he co-founded in 2000.
‘Knock it on the head’: Major tech crackdown
The tech giants that dominate our app use could face large new fines and bans on anti-competitive dominance.
Banks failing against email scams, report
New research has revealed most Aussie banks are failing to fully protect customers from email and phishing scams.
Disturbing stat about Aussie workers
Australian workers are falling for bogus phishing attacks at almost twice the global rate, concerning research shows.
Scam warning ahead of Black Friday sales
Australia Post says consumers need to be on guard for scams as Black Friday sales ramp up and criminals target unsuspecting victims.
Embattled tech billionaire snubs shareholders
A tech billionaire has failed to front shareholders at his company’s annual general meeting following sensational allegations about his personal life.
Major ruling on Bunnings cameras
Cameras capturing the faces of shoppers at one of Australia’s biggest retailers breached privacy laws, the Privacy Commissioner has ruled.
ASX closes in on record high
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
Unresolved telco complaint cases spike
The number of complaints made to the telcos which bounce back unsolved has spiked, with one state copping the brunt of the issues.
China stimulus does little to lift ASX
The struggling Chinese economy has few rays of hope for Australian miners, as the big iron ore producers sink the ASX to a loss on Monday.
Besieged billionaire CEO stands down
After weeks of embarrassing headlines, billionaire Richard White has stood down from key roles of the major tech company he founded.
Bank staff ‘break in’ to help customers
As customers of banks were left high and dry in Broken Hill’s blackout, staff of the locally-owned bank went to extremes to help customers.
Renewed optimism leads to ASX rally
The ASX 200 has rallied strongly following strong falls on Friday, after a spate of good economic news
ASX continues record breaking week
The ASX has closed at another record high this week, driven by stronger than expected Australian economic news.
‘Fiddling’: Surcharge crackdown lashed
A crackdown on card surcharges has been criticised as “fiddling around the edges while Rome burns”.
Push to axe sneaky fee costing Aussies $4bn
A Sydney MP is pushing for an overhaul of 20-year-old regulations that cost Aussies billions of dollars every year.
Aussies’ private information sold for profit
Australians’ private information is being shared hundreds of times a day with online advertisers who resell and distribute it to unknown parties, putting people at risk of targeted scams.
Elon Musk’s big legal loss to Australia
A court has ruled on whether the Elon Musk-owned X Corp must comply with an infringement notice issued when the company was called Twitter.
Aussie’s life upended by single Facebook rule
A dad who had his life completely upturned in an instant is facing “hell” as he battles the social media giant.
Big electricity plan for one Aussie state
Hot on the heels of promising state-owned petrol stations, one premier fighting for his job has made another huge pledge.
Staggering cost of cyber attacks revealed
The eye-watering cost of cyber attacks on small businesses across the country has been revealed, with one business owner revealing he was forced to start again.
‘I’m not a moron’: Barnaby fires up over EVs
Barnaby Joyce has clashed with a senior Labor MP about the possibility of China controlling its electric vehicles in Australia.
‘Inadequate’: Damning Optus outage finding
Optus has been slammed in a damning Senate report into last year’s massive outage, with a committee finding the Aussie telco “failed millions”.
Fate of disgraced crypto king’s ex revealed
Crypto criminal Sam Bankman-Fried’s ex-girlfriend is going to prison for helping him steal $8 billion in customer funds.
One thing leaving Aussie companies on edge
Aussie brands have united to take on global retail behemoth Amazon in a four-day shopping event promising to save consumers big bucks.
$290m shake-up to ease cost of power bills
One state has committed another $290m to get more solar panels onto homes and businesses, with the ultimate aim of bringing energy bills down.
Aussies point finger at ‘harmful’ TikTok
No country in the world has successfully mandated age restrictions for social media, but a new survey shows Australians still want the age limit raised.
Push to ban bosses social media trawling
Ever-present surveillance at work has extended too far into ‘social media trawling’ and new laws are needed, a union group says.
Surprising group falling for crypto scams
New research has found one group are falling victim to crypto scams as they are “overconfident or overambitious”.
Urgent ATM warning for Aussie cash users
Two people will likely be deported after being caught running a scam putting card-reading devices into the card slots of ATMs.
Surprise crypto trend takes off in Australia
Despite concerns about scams and criminal behaviour, Australia is seeing the fastest expansion of crypto ATMs in the world.
Reason AI staff work 7 days a week
Employees at Nvidia are often expected to be at work seven days a week, sometimes until 2am, but few leave the company, for a very compelling reason.
Why younger savers are ignoring banks
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
Huge change for millions of workers coming
Massive changes to workplace laws kick in August 26 which will allow millions of employees to ignore calls from the boss out of hours.
Aussie rich-lister makes $2.1bn in a day
One of Australia’s richest people became $2.1bn better off on Wednesday as his tech firm led the Australian share market.
Huge cost of cyber attack revealed
Small Aussie businesses have glaring holes in their cyber security, and it’s costing them dearly as tougher penalties take effect.
‘Malicious’: Fake online scam sites pulled
A staggering number of dodgy investment and crypto sites are being pulled offline in a crackdown by Australia’s corporate watchdog.
One group keeping cash alive in Australia
A new report has made surprising findings about the use of cash and the number of businesses accepting cash in Australia.
‘Absolutely furious, livid’: Outrage over ‘tax’
Thousands of Aussies trying to keep their bills down are being stung with a hidden tax advocates are calling “madness” as the cost of living continues to bite.
Big question Amazon can’t answer
Amazon executives are being grilled on the company’s murky development of AI and how audio recordings from inside homes are used.
Bizarre way Telstra made $110m
Profits at Australia’s biggest telco have been slashed 13 per cent, but Telstra is still getting value from one particular pursuit.
Company collapses after 4 sales in 4 years
An Aussie tech start-up that sensationally collapsed with debts of more than $12 million was losing money since its inception.
Workers told to get back into offices
The largest employer in the country has ordered its staff to get back into the office as working from home appears done for good.
Another major IT crash hits Aussies
Just weeks after a major global IT outage caused chaos around the world, a cloud-based accounting software company has gone down.
‘Broken’: Concern for Indo-Pacific
A key meeting of Australia’s Foreign Affairs Minister and her US, Japanese and Indian counterparts has singled out maritime lawlessness as a key issue in the Indo-Pacific region.
‘Blue screen of death’ company accepts fate
The company responsible for the “blue screen of death” that left millions of people stranded says it’s “absolutely” prepared for compensation claims.
Worker pay day fears after IT outage
Millions of workers could go without their wages in the wake of the global IT outage, amid reports multiple payment and payroll systems across Australia were crippled.
Tech outage effects could linger for weeks
Computer systems at businesses across the Australian economy could be dealing with the fallout from the Microsoft outage for weeks to come.
Blue Screen of Death workaround revealed
After a faulty update plunged computers and tech systems all over the world into chaos, a workaround to the dreaded “Blue Screen of Death” has been revealed.
‘Any takers?’: Aussie job ad mocked
Crowdstrike, the company behind the global IT outage, was looking for a public relations director at its North Sydney office.
Optus’ phone offer amid little known issue
Optus is offering 20,000 free phones to elderly and vulnerable customers amid the impending shutdown of the 3G network in the coming months.
Porn driving spike in nude AI attacks
Sparked by a string of deepfake porn and sexually explicit images created at Australian high schools, experts say unfiltered AI tools have collided with misogyny.
Sharemarket rewards Telstra for price hike
Telstra jacking up phone plan prices led to a surge in trading in the telco on Tuesday, as the telecommunications behemoth reached a three month high.
‘Embarrassing’: Huge downfall to AI
AI “assistants” are taking the world by storm, with employers and employees reaping the benefits. However, the pitfalls can be unexpected and damaging.
Surprise claim as AI to create 200k jobs
Thousands of Australian jobs in the AI sector could be created this decade, but major issues remain unanswered.
Australia must make case for global funds: Citi boss
Citi CEO Mark Woodruff is talking up Australia on the global funds stage with hundreds of billions needed for energy, minerals and housing development.
Students caught hacking sensitive school system
A group of students have been expelled from a Catholic high school after it was discovered they had been hacking an IT system to access sensitive information.
Aussie workers most burnt-out in the world
One group of Aussie workers are the most burnt-out in the world, alarming results in a new global study reveal.
$100m Aussie startup on brink of collapse
An Australian art fintech which had secured $100 million in debt finance has suspended its operations indefinitely as it desperately scrambles to survive.
Eye-watering fine over dodgy bid plot
An Aussie tech company has been fined $1.5m for attempted cartel bid rigging, related to upgrades at an iconic building in Canberra.
How Uber is helping Aussies go green
Uber has launched a carbon dioxide savings tracker, with one state taking an early lead in the clean green stakes.
11yo hospitalised after using manicure set
An 11 year-old girl has allegedly suffered severe third-degree burns after using nail glue bought from a popular Chinese online retailer.
High alert for tax time scams
As if tax time isn’t stressful enough, an Aussie banking association has issued a warning over end-of-financial-year cons.
Aussies defend restaurant trend
Aussies have launched a staunch defence of a restaurant trend but venues in the US are returning to traditional methods.
Tech giant’s cringe-worthy rap video
A cringe-worthy corporate rap video from Australian tech company Canva has gone viral after a performance at their LA conference.
‘Stop hiring Americans’: Canva mocked
Homegrown start-up success story Canva just threw a glitzy party in LA, complete with an awkward rap battle that must be seen to be believed.
‘Dynamic strain’: Dire outlook for telcos
As Telstra swings the axe on thousands of jobs, a major warning has been issued that Aussie telcos are under “dynamic strain” amid sliding margins in the sector.
‘Crucial’: Google unveils bold plan
Plans for a lengthy fibre optic cable from Kenya to the west coast of Australia have been unveiled.
Optus hit with lawsuit over data breach
In the latest hit to the telco, Optus is being taken to court over a data breach that impacted millions of Australians.
Fresh fight looms on $14bn budget promise
Within hours of handing down its third budget, Labor’s bold Future Made in Australia Plan has been thrown into doubt.
Original URL: https://www.news.com.au/finance/business/technology