Surprising scam catching out Aussies
While all eyes are on a new viral WhatsApp scam dubbed “Hi Mum”, another type of scam has also been wreaking havoc.
Technology
Staff ‘shell-shocked’ at ‘$1b company’ collapse
Staff were left “shell-shocked” when they lost their jobs and investigations have revealed there was just $20,000 in the bank when it collapsed.
‘Shell-shocked’: Aussie company collapses
Staff at the company were left stunned by the news after the company planned to raise money recently based on a $1 billion valuation.
Biggest threat facing Australia
The Telstra boss has named a major threat facing Australia and named the ‘biggest lever’ that can be pulled to stop it.
Aussie company sacks 10 per cent of staff
The business pointed to the sudden “economic downturn” for slashing staff numbers but also said it was being under-cut by competitors avoiding regulations.
Facebook sacks 60 staff ‘at random’
Mark Zuckerberg has laid off 60 Meta employees using an algorithm after warning of upcoming “aggressive performance reviews”.
Nationwide outage at major supermarket
Frustrated customers were forced to ditch their shopping this afternoon after an IT outage struck multiple stores.
China’s biggest company is shrinking
A company that posted double digit growth with its eyes closed for years is suddenly shrinking for the first time.
Side hustles earning thousands of dollars
From fashion to transport, some people are earning a fortune from side hustles, but one expert warns there are some pitfalls to avoid, too.
Why millennials don’t want corporate jobs
A prominent Aussie TikTokker claims graduate salaries at the big four accountancy firms aren’t matching the workloads of the roles.
Insane work perks at start-up companies
Start-ups that have sacked huge numbers of staff are rubbing salt in their wounds by retaining lavish work perks for those who still have jobs.
Elon Musk’s huge sell off amid legal fears
Elon Musk has sold nearly $7 billion worth of Tesla shares amid a high-stakes court battle with Twitter over a $44 billion buyout deal.
Company pays $1.6m to sacked staff
The Australian business slashed around 10 per cent of its workforce, despite rising revenue, paying a huge amount of money for their terminations.
Aussie company sacks 17% of staff
The social media company raised $157 million earlier this year, but its co-founder was “heartbroken” to reveal a number of employees were being cut.
How Aussies missed billions in fuel savings
A new economic report has found how much Aussies could have saved at the bowser if better fuel efficiency standards were adopted by the government years before.
Aussie company sacks staff in 30 minutes
The company, valued at a whopping $3.5 billion, let go of 17 per cent of its staff from one division in a “devastating” decision, as the union raises concerns.
Dad’s trick to saving thousands of dollars
A father of one has revealed how he managed to save his family hundreds of dollars by making a savvy change to their car insurance.
Single click costs Facebook $10 billion
The owner of social media giants Facebook and Instagram is struggling to compete against TikTok, with its latest results showing a startling drop in profits.
‘By end of day’: Shopify cuts 10% of staff
Shares in Shopify have tumbled after the boss revealed he misjudged the growth of the e-commerce sector and now has to lay off 1000 staff.
$200 million start-up sacks 40 staff
A fast-growing start-up has sacked 40 employees despite doubling its valuation, with the company worth more than $200 million.
Shock pic shows how much you need to retire
A graph shows just how big your nest egg should be to enjoy your golden years, but the path forward contains some obstacles.
Telstra’s change after one complaint
Telstra has made a massive change to its services after hearing customers “loud and clear”.
Woman’s $2.2m home office idea
A young woman has explained how she turned a home office idea into a thriving $2.2m enterprise in less than four years.
Zuckerberg’s loyal no.2 quits Facebook
Meta chief operating officer Sheryl Sandberg announced in a lengthy post that she is stepping away from the company after 14 years.
ASX breaks glass ceiling in historic first
The company that runs the $2.5 trillion Australian sharemarket has made history with a huge announcement.
Twitter shareholders taking Musk to court
Twitter shareholders have filed a lawsuit against the Telsa boss, accusing him of manipulating stock prices ahead of his $62 billion takeover bid.
Elon Musk blamed for Aussie price hike
Billionaire Elon Musk has reportedly played a significant role in driving up the prices across Australia’s NBN phone and internet network.
Big changes to buy now, pay later
The hyper-competitive buy now, pay later sector has a brand new player – a name that many will be familiar with.
Sports stars back major energy switch
A raft of top Aussie sports stars and entertainers are backing a major change in how Australia sources its household energy.
Canva cops backlash after ‘F’ rating
The Australian tech giant has been hit by controversy with Ukrainians in Australia calling out the company for being “unprincipled”.
Original URL: https://www.news.com.au/finance/business/technology/page/9