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.
Technology
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.
Best paid public servant calls it quits
Despite netting a $3m pay package over the 2023 financial year, Australia’s highest paid bureaucrat has moved on to the private sector.
Top uni boss quits mid-term
The vice-chancellor at Australia’s top-ranked university has unexpectedly resigned just months after starting his second term.
Quantum Leap: PM’s multi-millions for tech
A Silicon Valley based start-up is set to benefit from hundreds of millions dollars in government-backed loans and capital.
ASX advances ahead of fresh inflation print
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
Aussie tech firm’s crash ‘one of the worst’
An Aussie tech company stopped in its tracks when $30m went missing has resumed trading and been slammed, with its share price plummeting.
‘Out of touch’: Swan blasts PC boss
The ex-treasurer has slammed Australia’s chief productivity adviser who was hand-picked by his own former chief of staff, Jim Chalmers.
‘Step up:’ Plea over Sydney’s third city
As one city begins plans to build Sydney’s third major city, Planning Minister Paul Scully has issued a call to arms for developers and businesses to invest in the site.
Iron ore optimism extends ASX rally
A rally in material stocks helped push the benchmark into the green, as investors awaited fresh inflation data due Wednesday evening.
Tech founder ousted over missing $30m
An Aussie tech firm founded by three “friends” has sacked its chief executive this week because of a missing $30m.
ASX ekes out gains despite energy dip
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
Secret to improving lives of Aussies revealed
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
Huge problem facing Aussie banks
As Australians lose hundreds of millions of dollars to scammers each year, a tech insider says the banks’ data troves are a significant hurdle to tighter security.
Shares advance on steady inflation read
Shares clawed back losses from Tuesday’s session to come within less than 35 points of the benchmark’s all time high.
Major bank’s huge move on scammers
While criminals siphon hundreds of millions of dollars via scams each year, one bank has launched a new defence.
Sad reality of popular Aussie side hustle
There’s popular job in 2024 that promises an easy income with flexible working – but there is a brutal reality that many Aussies don’t see.
Iconic Aussie retailer to close forever
An iconic Aussie retailer dating back to the 1930s will be wound down for good after administrators failed to find a suitable buyer for the business, leaving more than 600 without a job.
Aussies lose $2.2bn to one cruel act
Australians have been hit with a record number of fraudulent credit card purchases and withdrawals, new data has revealed.
Experts debate AI risk to our extinction
Australia’s chief scientist, a retired army major general and a renowned physicist have shared their opinions on the risks of artificial intelligence.
ASX slips on banking sell-off
Snapping a two-day winning streak, Australian shares sank on Thursday.
‘Hypocrites’: Premier blasts nuclear plans
Victorian Premier Jacinta Allan promises she did not get all her views on nuclear power from The Simpsons and Mr Burns’ radioactive power plant.
Facebook snub to hurt all Australia: MP
The decision to walk away from local publishers would have ramifications for the entire community, Communications Minister Michele Rowland said.
Woolies customers rocked by odd delay
Eagle-eyed Woolworths shoppers have pointed out a major delay to a popular service offered by the grocery chain, with many sharing their outrage online.
Bombshell as Optus network boss quits
One of Optus’ senior figures has dropped a bombshell four months after a widespread outage at the telco giant disrupted the lives of millions and shattered the company’s reputation.
Australia’s $1.5bn trump card in Meta fight
The parent company behind Facebook could face a mammoth fine if found to have breached a major agreement with news publishers.
ASX rebounds as financials rally
The benchmark eked out a 0.1 per cent gain on Wednesday after the financials sector rallied late in trading.
No easy fix to mobile chaos
A push to introduce temporary emergency roaming services during natural disasters has been met with resistance given its limitations and excessive cost.
ASX resets record high
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
Original URL: https://www.news.com.au/finance/business/technology/page/2