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.
Technology
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.
‘Cheeky’: Shock over surprise Vodafone email
Customers of one of Australia’s biggest telecommunications providers have been slapped with a price increase on their mobile phone plans.
ASX falls on Woolies, mining slump
The benchmark ASX 200 fell 0.74 per cent midweek, with a slump in mining stocks and ‘mixed results’ from supermarket giant Woolworths.
ASX rebounds after weak start
The Australian sharemarket has lifted for the first time this week, as the tech sector benefits from a major takeover bid.
ASX down as major drug trial scrapped
The Australian sharemarket fell on Monday after biotech giant CSL dropped its plans to continue with a major drug trial.
ASX down overall for the week
It was a mixed day for the Australian sharemarket, which was down overall for the week.
Tech, banking help ASX close higher
The Australian sharemarket made gains on Thursday in sectors including technology, banking and utilities.
Utes, SUVs risk price hikes, industry warns
New vehicle emissions caps, designed to force car makers to offer more low emissions models to Australia, could crimp the supply and affordability of utes and SUVs, the automotive industry has warned.
Optus triple-0 outage fail finally revealed
More than 2000 Optus customers were unable to contact triple-0 during the telco’s outage last month, 10 times the number first reported.
Blockchain start-up collapses owing $14m
An Australian blockchain start-up lauded as the future of banking and with key backers from some of the country’s biggest financial institutions has collapsed.
$650 million economic nightmare facing Aus
One state is facing a massive economic blow after a major mining company announced its refinery would gradually close.
‘Expensive waste’ to create new CBD
The agency delivering Sydney’s third CBD has spent $4.5m on consultants, with staff taking several overseas trips, with just “a visitor’s centre to show for it”.
ASX records four-day losing streak
The local benchmark continued to lose ground amid continued uncertainty over the timing and depth of rate cuts.
Employees put on notice for WFH in 2024
Working from home is a perk many employees have been enjoying since the Covid-19 pandemic, but that could change for many people in 2024.
Teen reveals secret to $1m business
A 19-year-old entrepreneur has revealed how he managed to start a successful business at such a young age and gives his one tip to anyone wanting to start their own company.
Australian shares near record high
Australian shares advanced on Wednesday, as a record breaking session on Wall Street helped propel the local market to just 1.2 per cent below record levels.
Huge problem with extended warranties
A consumer law expert has revealed how extended warranties sold by Aussie retailers aren’t really worth what you pay for them, as JB Hi-Fi faces a lawsuit over claims it sold “junk” warranties for more than a decade.
Warning as Bitcoin surges 160 per cent
Bitcoin is now up 160 per cent over the past 12 months and shows no signs of slowing down, but not everyone is jumping back on board.
Sign cash could disappear for good
With cash use in freefall and distribution services becoming increasingly unviable, RBA governor Michele Bullock is racing to fix the problem.
JB Hi-Fi hits back at ‘junk’ claims
Aussie retail giant JB Hi-Fi has hit back after shocking allegations it ripped off customers for more than a decade.
Miraculous ASX turnaround due to one sector
One sector has managed to turn its fortune around on the share market, ending the day on a high after shock news this morning sent prices tumbling.
ASX rallies ahead of RBA decision
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
‘We will change that’: Telstra, Optus on notice
Big economic players will be forced to better protect their customers against cybercriminals as part of a rebooted national strategy.
ABC’s surprise $100k TikTok job offer
The ABC is offering salaries worth $100,000 for Gen Z’s with popular online followings.
Gladys among Optus CEO contenders
The global search is on to find the next chief of embattled telco Optus, with a number of candidates already in the offing.
Dire legal issue looming over Optus
A legal expert has outlined why Optus could face more legal woes after a nationwide outage crippled the country, including the most vital health services.
DP World Australia delayed ‘critical’ fix
DP World Australia did not follow cyber security advice to fix a “critical” exploit that shut down four major ports, disrupting 30,000 containers.
Lifesaving change for common service
The government has launched a new campaign to help make crisis support more accessible to people across the country.
Telstra’s win after Optus outage
Optus customers have started making the switch to Telstra following the national outage last week that affected about 10 million users.
Sneak peek at ‘park of the future’
Australia’s park of the future, which can be controlled from the palm of your hand, has been revealed after a trial site was opened in a lush community estate.
Optus grovelling text to customers
The major telecommunications company is now offering customers an apology along with a special offer.
‘Insult’: Customers slam Optus promise
Optus is under fire again with its promise to customers impacted by the outage slammed as a “slap in the face”.
Optus forced to explain ‘disaster’
Optus will face tough questions around its handling of one of the worst network outages in Australia’s history as it offers extra data to affected customers.
Original URL: https://www.news.com.au/finance/business/technology/page/3