‘Kill switch’ considered to tackle high-risk AI
Artificial intelligence has been met with both concern and hype but government guidelines could help regulate its use in high-risk situations.
business enterprises
Fight to save jobs as The Star’s casino empire teeters
Star Entertainment's financial woes have fuelled concerns for the future of thousands of casino jobs.
Fortescue slams ‘cynical distraction’ in IP-theft case
Directors sued for allegedly using Fortescue secrets in their own startup filed a "monumental waste of time" to avoid defending the lawsuit, a judge has heard.
Blocked goldminer ‘shattered’ by rising sovereign risk
Regis Resources will fight a federal block on a $1 billion gold project it says has cost almost 1000 jobs and sours Australia's reputation as a place to invest.
Airfare spike fears after Rex’s flight from capitals
With no Australian airline route featuring more than two companies, the competition watchdog says prices could spike with the exit of cash-strapped Rex.
Australia’s Silicon Valley wins over cashed-up firms
Big-name firms including Afterpay and Cash App are moving into a precinct designated as a hub for Australian technology innovation.
Rex sale on track, despite managers’ call for more time
The administrators of cash-strapped carrier Rex have asked the Federal Court for an extension of time even though they hope to have a buyer in the coming month.
Execs raided in Fortescue’s ‘industrial-scale debacle’
Fortescue is accused of falsely painting two scientists as "nefarious" to get court approval to raid their homes after allegedly stealing confidential secrets.
Buyers hover as administrators plot course to save Rex
Embattled Rex has received significant interest from potential buyers, administrators say, as the regional carrier battles to stay in the air.
Rex financial woes in spotlight as employees face cuts
Embattled regional airline Rex will hold its first creditors' meeting as the cash-strapped carrier plots its way out of financial disaster.
Star casinos shut pokies after major technology glitch
The blows keep coming for the embattled Star Entertainment Group, which has been forced to switch off thousands of poker machines after a technology failure.
business (general)
business enterprises
computing and information technology
economy (general)
it/computer sciences
research
science and technology
technology (general)
Wanted: 200,000 Aussies to design, deploy and sell AI
Artificial intelligence technology will create 200,000 jobs in Australia by the end of the decade, a report has found, amid calls for greater training.
breaking_news
business (general)
business enterprises
consumers
internet
it/computer sciences
mass media
media
online
technology (general)
Telstra, Optus end Google deals after watchdog warning
Internet behemoth Google paid Australia's top two telcos to be the default search engine on Android phones for seven years, the competition watchdog has found.
Watchdog warning ends Google deal with Telstra, Optus
Telstra and Optus have agreed to stop accepting payments from Google under deals to pre-install the tech giant's search software as default on their phones.
Many meetings could be emails: survey finds work waste
Many work meetings are wasting workers' time, according to a global study by Atlassian, and companies are too slow to use AI tools despite their benefits.
Australian workers lead AI race but do not trust it
More office workers are testing artificial intelligence technology in Australia than in many other nations, a survey has found, but most do not trust it.
More electric trucks to hit roads after $30m recharge
Battery-powered heavy trucks, courier vans and refrigerated delivery vehicles will be added to logistic fleets as part of a $30 million government investment.
Medibank could face $21.5 trillion fine over data theft
The Australian Information Commissioner will take Medibank to court over a 2022 data breach, seeking penalties that could reach into the trillions of dollars.
Auto industry prepares for a charge of electric fleets
Fleet firms and charging networks are preparing for a surge in electric car investments after Australia's fuel-efficiency standard begins.
Telstra urged to dial back ‘appalling’ mass job cuts
Telco giant Telstra will axe up to nine per cent of its workers, chasing $350 million in cost savings as it focuses on better-performing parts of its business.
Bonza cancels more flights as fleet poised to soar away
A creditors' meeting for cash-strapped airline Bonza is due to be held within days after its administrators applied to a court.
Atlassian releases do-it-yourself chatbots for business
Australian businesses will be offered the chance to design their own generative AI 'agents' in a move the developer says could keep employees away from ChatGPT.
Regions to suffer most as snail mail gets even slower
Australia Post's new performance standards could impact regional and rural Australians most, an expert warns, as posties are given more time to deliver letters.
Uber ride-share rival Ola hits the brakes in Australia
Ride-share company Ola will end its operations in Australia after six years, warning customers of the closure in an email.
Amazon plans to recruit ‘a handful’ of small businesses
US retail giant Amazon has revealed plans to expand its delivery network in Sydney, Melbourne and Brisbane using local small businesses.
business (general)
business enterprises
corporations
environmental issue
environmental politics
environmental pollution
politics (general)
report
Aussie firms fall short of global net zero standards
Large Australian corporations are failing to meet global best practice when it comes to reducing their carbon dioxide emissions, according to a new study.
Aussie investors to lobby for gender balance by 2030
Investors want to see more women in leadership roles and more gender diversity issues addressed by the companies they back, according to a survey.
‘Perfect storm’: insolvency surge threatens businesses
The Australian Taxation Office and other creditors pose the biggest threat to cash-strapped businesses facing an insolvency "surge", an organisation says.
Qantas reports sky-high profit and plans more flights
Australian flag-carrier Qantas will soon be operating more domestic flights that it did before the COVID pandemic, while international capacity is also rising.
Queensland businesses prize digital skills
More than two thirds of Queensland businesses say a need for strong digital skills among their workers would have a moderate to critical impact on their future.
Flooded towns look to help neighbours
Many in flooded communities in NSW and Queensland are choosing to count their blessings and look for ways to help their neighbours