Inside Coles’ mighty $1bn bet on supermarket competition
The Australian got a look at Coles’s ultra-high-tech new warehouse that has just given it the edge over rival Woolworths.
Technology
Could markets see a return of the ‘Fed Put’?
For Magellan’s long-time stockpicker Nikki Thomas, the tech share boom may have run its course for now.
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.
Rex’s failed bet is bad for all of us
There was a simple reason why the regional airline stumbled. And without a capital city challenger, we are all going to suffer.
‘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.
Four bids for Star casino jackpot
Interested international parties were circling in recent weeks, with one US player taking a serious look, but a billionaire holds all the cards on the casino’s future.
Gas imports to ease the energy crisis could arrive sooner
The hand-picked boss of billionaire Andrew Forrest’s Squadron Energy will have his work cut out bringing down energy prices.
‘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.
Woodside’s big bet on Trump energy trade
There’s good reason why Woodside boss Meg O’Neill is in a hurry to get her planned $1.8bn buyout of a cash-strapped US gas hopeful away.
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.
Why Telstra’s price rises are bad for everyone
Telstra’s inflation-stoking move speaks volumes about the lack of competitive spirit in the telco market and will be bad news for the central bank as much as customers.
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.
AusPost turns tables in $1bn battle with big banks
Paul Graham is seizing the moment to keep Australia Post delivering. This time he wants banks to be part of the solution.
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.
CBA prepares to take on Wall Street’s biggest banks
The Australian bank has passed a staggering milestone. Can it continue to defy gravity?
‘Rife with scams’: Big Four banks blast Meta
One in five Australians believe Meta, which owns Facebook, Instagram and WhatsApp, has been “encouraging scams”. Now the banks have had enough.
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.
Ice cream and the art of CEOs keeping it simple
Global consumer giant Unilever wants to do fewer things and to do them better. Australian business is starting to catch on.
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.
Has Ryan Stokes overplayed his hand in Boral battle?
The ball is now firmly in Ryan Stokes’ court, including whether he comes good on his threats to squeeze out Boral’s board.
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.
The five black swans threatening the market boom
History shows there’s been plenty of booms before a mighty fall. These are the top risks lurking in the shadows that could derail the recovery.
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.
Why this fundie is looking past the Magnificent Seven
For this New York-based Aussie fund manager there’s still some good US stocks around, even after Wall Street’s extraordinary run.
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.
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.
This will be AI’s year of big impact: Telstra boss
Investor interest in AI is white-hot. US chip designer Nvidia broke through a $3 trillion valuation last week. Australians companies seek to capitalise.
Five key lessons from Buffett’s shareholder letter
Warren Buffett’s legendary annual letters are filled with simple rules from a life of picking winners and losers. These are highlights from his latest.
‘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.
‘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.
Big problem with solar laid bare
Australia has had a great take-up of solar panels, but having somewhere to store the power is needed, industry leaders have warned.
Companies buying and selling Aussies’ personal data
Data broking is worth hundreds of billions of dollars a year globally and holds information on millions of ordinary Australians. See which companies are behind the secret deals.
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.
Original URL: https://www.thechronicle.com.au/business/companies/technology/page/2