Major bank’s next move against scammers
One of the big four banks has introduced new protection against scams as customer losses reach a new “record high”.
Technology
Row over huge trucking company collapse
A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses.
Huge buy now, pay later firm shuts down
Another buy now, pay later provider is ending its operations in Australia, citing uncertainty over government regulations.
Collapsed company slapped with $15m fine
A Federal Court judge has dished out one of the biggest fines for corporate misconduct and described the firm as the “unacceptable face of start-up capitalism”.
Robot’s incorrect answer costs Google $140b
Google saw $140 billion slashed from its valuation in just a matter of hours after it revealed its rival to the popular Microsoft-backed ChatGPT.
$300m Aussie company sacks 75% of staff
An Aussie start-up worth $300 million has slashed around 75 per cent of its workforce, despite a cash injection in January.
Zuckerberg makes $10 billion in 24 hours
The social media founder slashed 11,000 jobs recently but cost cutting measures appear to have helped turn the company fortunes around.
Major tech company fires 3900 staff
The tech bloodbath continues with another well-known firm slashing its workforce as tens of thousands of workers across the sector are impacted.
‘Shattered’: Desperate act to pay the bills
Australians who are desperate to make ends meet are increasingly crowd sourcing their bills to make sure they get paid on time.
Aussie start-up loses $50m in a year
An Australian unicorn company once lauded as the next big thing has shed $50 million in the space of a year as tech companies go into meltdown.
Tragic reason for tech firms’ chaos
The world’s largest tech companies posted record profits only a year ago, but rounds of lay-offs keep coming. Find out why.
Aussies at risk as tech giant cuts jobs
Australian staff at a multinational software company are nervously awaiting news on whether they will keep their jobs.
Major boost for Aussie tech start-ups
Australian tech start-ups in one state will have the opportunity to access a new program lead by a global investment firm.
Beijing’s revenge on China’s richest man
The man who was once an international symbol of a modern China with a $71bn fortune is to give up control of his company after he riled Beijing.
Aussies hit with massive Twitter outage
Social media platform Twitter appears to be suffering some kind of outage across Australia with thousands reporting the platform is slow or not responding at all.
Workers sacked just in time for Christmas
Dozens of Aussies are heading into Christmas without jobs after being let go by a tech and property start-up.
Twitter relaunches ‘fraught’ program
The controversial ‘Twitter Blue’ program is set to relaunch, after a series of embarrassing hiccups and impostor accounts.
Medibank to close stores, call centres
Customers of Australia’s largest health insurer will be unable to access its facilities, with the company forced to take action following the recent attack on its data.
‘War’: Elon Musk suddenly backflips
Elon Musk has completely backflipped on his threat to “go to war” with Apple, just days after publicly calling out the tech company’s CEO.
What Medibank hack victims should do next
Hackers have once again released the private details of Medibank customers onto the dark web, with advice on what their next step should be revealed.
Massive cash boost for one group
Funding available for start ups in one state will be boosted by up to eight times its current amount, with $40 million added to the pool.
Simple act to save Aussie women
Australians can now do one simple thing to support women fleeing domestic violence just by pushing a button.
Meta staff fired for hijacking user’s accounts
It’s notoriously difficult to get help from Facebook if something goes wrong with your account, but leaked documents have revealed further problems.
Medibank execs defend handling of hack
A top Medibank executive has defended the insurer’s handling of a massive hack which exposed Aussies’ sensitive health data.
Company’s brutal cuts to save $14.3m
The Australian outfit has slashed 30 per cent of its workforce as it was hit by a slowdown post pandemic with its shares diving by 70 per cent this year.
Six-figure job Aussies want to quit
High-flying salaries aren’t enough to keep some Australian workers in this career, with stress levels rising and warnings of a shortage on the way.
Billionaire’s blistering letter to Google
With a $6 billion stake in the company, he released a scathing letter on the performance of Google and called for “aggressive” cost cutting measures.
Six-figure career desperate for workers
One profession is experiencing a significant shortage despite soaring salaries being offered and a rising demand for their work.
Vape company sacks 400 staff in shock move
A major vape company needs to trim half its staff to starve off bankruptcy – but business insiders fear the worst is yet to come.
Eye-watering fine for internet speed lie
Australia’s three largest internet providers have been handed whopping fines for making misleading statements in ads about their NBN speeds.
Original URL: https://www.news.com.au/finance/business/technology/page/8