Big Tech
A fresh wave of AI-driven anxiety has hammered US software stocks and spilled onto the ASX, as local tech firms scramble to convince investors their AI strategies can deliver real returns.
Microsoft, Meta and Tesla were the first of the 'Magnificent Seven' to report December quarter earnings. The market response was varied, but the underlying trend was clear.
The social media giant won’t act on removing thousands of groups facilitating the trade of bank accounts, frustrating both big banks and law enforcement.
The eSafety commissioner, which has repeatedly clashed with the tech billionaire, is investigating fresh complaints over sexualised deepfakes created on AI platform Grok.
The online safety regulator has been flooded with complaints about posts relating to the terror attack but is yet to take action against any social media platform.
Elizabeth Whitelock has been appointed CEO at the broad IT and tech sector group as key debates around copyright, data centres and R&D progress.
Australia’s world-first under-16 social media ban united Labor, tabloid media and campaigners in a rare alliance that could shape global online regulation.
Data centre operators such as Macquarie Technology and DigiCo are feeling vindicated, but ASX-focused fund managers warn that the ingredients for an AI bubble are still in place.
After waiting for years for the Albanese government to flesh out its plans to force tech giants to pay for news, the power players involved have just four weeks to fight their corner.
His private vehicle Consolidated Press reported a profit of $323.9 million on revenues of $5.9 billion in the last financial year, and it will pay a $110 million dividend.
