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Wall Street continued on its AI rollercoaster ride.

ASX rallies to record as Woolies, WiseTech surge, BHP hits all-time high

Australia’s sharemarket gained more than $30 billion in value, tracking gains on Wall Street and buoyed by a flurry of corporate news that excited investors.

  • Staff reporters

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JP Morgan CEO Jamie Dimon has described Bitcoin as "worthless", but will still allow clients to buy and sell the cryptocurrency.

‘People doing dumb things’: Wall Street boss Jamie Dimon warns of AI frenzy

The JPMorgan Chase CEO thinks the impact of artificial intelligence on software companies might be the trigger for a wave of loan defaults, and sees parallels to the GFC.

  • Stephen Bartholomeusz
The high-profile tech stocks that survived the dot-com crash prospered. Crypto investors will be hoping for a similar story.

The looming D-Day that has sent shivers through Wall Street

It is becoming apparent that a critical moment for markets may not be too far away.

  • Stephen Bartholomeusz
New AI tools could threaten the future of Australian giants like Atlassian, Canva and Xero.

AI is eating software, and it’s cost Atlassian duo $34.6 billion

Investors have finally woken up to the risk that artificial intelligence won’t just kill white-collar jobs, it also threatens tech success stories.

  • Colin Kruger
Teachers at public schools are often not provided with their own computers.

‘No consistency’: The out-of-pocket cost hitting WA’s public school teachers

As West Australian children head off to school for 2026, the new year has sparked fresh calls for equal access to technology – and not just for students.

  • Holly Thompson
WiseTech Global CEO Zubin Appoo and KIK CEO Louise Nobes.

‘Fresh face’: WiseTech backs scandal-hit Grok Academy with $8.7m

Both organisations are attempting to move past turmoil that has engulfed them over the past 18 months.

  • David Swan
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In May, the Wall Street Journal reported that Tesla’s board, with “Tesla’s stock sinking and some investors irritated Musk’s White House focus”, had gotten serious about looking for Musk’s successor.

I was wrong about Elon. But he was wrong too

A year ago, I predicted that Musk would quit Tesla. He predicted our newspaper would “bore its audience to death”. We were both mistaken.

  • David Swan
Atlassian CEO Mike Cannon-Brookes in the company’s new Melbourne office.

Victoria was ranked dead last, yet a $60b tech giant just made Melbourne its fastest-growing hub

The Business Council of Australia has slammed Victoria’s taxes and red tape, but tech billionaire Mike Cannon-Brookes says the criticism doesn’t stack up.

  • David Swan
Bureau of Meteorology chief executive Stuart Minchin.

‘Premium prices for a downgrade’: $96.5 million BoM website savaged

Pressure is mounting on the agency and its newly minted chief executive Stuart Minchin after a major cost blowout.

  • David Swan
In the internet age, keeping up with changing language is impossible for most adults. Experts argue it’s a way for young people to create space for themselves.

Cloudflare chaos: Third internet outage in four weeks triggers global disruptions

A massive outage at internet infrastructure giant Cloudflare triggered a wave of “500 Internal Server Errors” across the globe, knocking substantial portions of the web offline.

  • David Swan

Original URL: https://www.smh.com.au/topic/software-hqs