Telstra hits mobile customers with higher prices, layoffs imminent
The telco that made $2 billion in profit last year is hiking mobile plan prices 4%. Meanwhile, the Telstra workforce is bracing for 2,800 layoffs this week.
The telco that made $2 billion in profit last year is hiking mobile plan prices 4%. Meanwhile, the Telstra workforce is bracing for 2,800 layoffs this week.
An Australian firm is revolutionising carbon capture in the cement, steel, power generation, and chemical production industries. KC8 received $10m in funding from Woodside Energy and Mexico’s Cemex Ventures.
Data61 – the data and digital arm of Australia’s national science agency CSIRO – had four scientists nominated for APAC Women in AI awards. These two took home top prizes.
Blackbird and Atlassian Ventures led the $11.5 million seed funding round for Redactive AI – a Melbourne-based developer platform co-founded by former Atlassian product managers.
Sarah Nolet co-founded Tenacious Ventures, Australia’s first agtech VC fund, in 2018. She talks to Forbes Australia about expanding and exporting our nation’s agricultural expertise, raising a fund in this tough investment environment, and the power of rolling up your sleeves and getting your hands dirty. Sarah Nolet was 25 when she went to Mendoza, […]
Julian Assange arrived in Australia after a US judge in Saipan accepted his guilty plea for one count of espionage, and sentenced him to time served. Assange’s legal team confirmed they will seek a Presidential pardon for the conviction.
Demographia released its annual list of housing affordability in 94 major markets. Five Australian cities were assessed. Three ranked ‘impossibly unaffordable.’ Perth and Brisbane are ‘severely unaffordable,’ according to the report.
A tech advisory firm study estimates that AI will create $280 billion in economic benefit by 2030. Google is tapping into the demand with a new AI-first accelerator for Australian entrepreneurs.
Meta confirmed that images and captions posted by Australian users are being used to train Meta AI. European users of Meta platforms can opt-out, in accordance with data regulations placed on tech companies. No such regulation exists in Australia – so nothing is preventing Meta AI from procuring your public posts.
Half of the world’s population will go to the polls this year. While the Australian federal election is not until 2025, there is already significant angst about deepfakes fueling misinformation.