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The Edition

Page 12



The Albanese government is facing a significant political battle over gambling advertising reforms, and Australia’s media industry is deeply invested in the outcome.


The big news in News Corp's quarterly results was that Foxtel Group is up for sale. But as a largely legacy asset with declining earnings, is it actually sellable?


ASIC says Australia’s public markets are among the cleanest in the developed world. But a number of recent questionable incidents including market-moving leaks call that into question.


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Walz in

Kamala Harris' decision to name Minnesota Governor Tim Walz as her running mate is another clear sign that the power of social media and viral moments is ascendant in politics.


Investors hoping this week's market turmoil might increase the chances of a near-term rate cut were left sorely disappointed on Tuesday.


The ASX 200 lost 3.7%, Japanese stocks recorded their worst session since 1987 and cryptocurrencies plunged. One strategist described it as "the correction we had to have".


Big Tech isn't letting up on AI spending despite growing impatience among investors concerned about how long it will take to pay off.


The Paris Games have come around at just the right time, providing welcome relief from a relentless news cycle — but also with a touch of drama and controversy.


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Rex-it

The collapse of Rex Airlines presents a quandary for the Albanese government: how to ensure the carrier survives without a full-scale bailout.


The acquisition of Leonardo.Ai gives the Australian design software company its own foundational model, a roster of AI talent and a bulwark against its competitors.


The Albanese government, and millions of Australian homeowners, will be watching closely to see if this week's inflation data increases the likelihood of a rate hike next month.


Revelations of a legal battle between Rupert Murdoch and three of his children come at a time when the influence of the mogul and the media industry more broadly is waning.


As the bad news keeps piling up for ANZ, investors are watching closely to see if CEO Shayne Elliott can prevent the bank's reputation from collapsing.


Mark Zuckerberg taking the fight to OpenAI and Google by pouring billions into Meta's open-source AI models shows his recent transformation is about more than improving his fashion sense.


A lawsuit against four people allegedly involved in a Telegram-based “pump and dump” campaign targeting ASX stocks shows ASIC's surveillance methods are sophisticated and evolving.


As a 59 year old, Kamala Harris' potential ascendancy to the US presidency may not represent generational change but would be an important shift nonetheless.


There was a lot in common between the Republican National Convention and a professional wrestling match — and it wasn't just because of the appearance of Hulk Hogan.


Andrew Forrest's move away from green hydrogen, welcomed by investors, doesn't mean Fortescue has ended its goal of diversifying away from iron ore into more climate-friendly sectors.


Australian markets have matched their US counterparts in reaching record highs — even though the factors behind Wall Street's remarkable rally don't apply here.


While the defence tech company has a compelling story to tell, it clearly looked wildly overvalued. And a Capital Brief story on short sellers willing to bet on that was enough to send its share price plummeting.


What effect will the attempted assassination of Donald Trump have on the election? Betting markets and online commentary are pointing firmly in one direction, but the campaign still has a long way to run.


President Biden's press conference will do little to assuage concerns about his ability to take on Donald Trump — or that there are deep problems within the US political system.


ANZ's efforts to restore its reputation are at risk after fresh reports of bad behaviour by its bond traders.


Sydney healthcare startup Eucalyptus is the latest company to chase a piece of the growing longevity market with a $995-a-month program called Compound.


The federal government's move to name and shame a powerful Chinese spy agency behind hacking attacks highlights the herculean task it faces in dealing with cybersecurity threats.


With the AI capex boom showing no signs of stopping, many are asking when the revenue generated from the technology will follow. Sequoia Capital has labelled it as AI’s “$600 billion question”.


The UK's prime minister-elect Keir Starmer is eerily similar to his Australian counterpart and close confidant, Anthony Albanese. He may soon discover that leading an opposition is one thing, running a government another entirely.


Depending on who you listen to, Australia's open banking regime is a game changer that just needs time to grow, or a failed scheme that no one uses.


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News v AI

News Corp chief Robert Thomson has warned generative artificial intelligence poses a grave risk to journalism - despite recently striking a landmark deal with the biggest AI platform.


Both Brookfield and Origin Energy have clearly moved on from the $20 billion takeover attempt that failed late last year, with the Australian gentailer's share price climbing by almost a third in the months since.


Popular concerns about immigration and inflation have fuelled the rise of France's far right, which scored a win in the first round of the country's election. Leaders of other Western democracies should take note.


This week saw even more pain for the struggling media industry, criticism of Big Tech's treatment of news and a Biden-Trump clash on the debate stage. Is it 2016 all over again?


Ahead of his debate with Joe Biden, some of the biggest names from Wall Street and Silicon Valley are lining up to back Donald Trump's bid for a second term.


After a worse-than-expected monthly inflation reading, economists say an RBA rate hike in August is a very real prospect.


Julian Assange has been freed from prison and entered a media and political landscape very different to the one he left behind.


Online fashion retailer Cettire lost half its market value today after an earnings downgrade. It's vindication for the sceptics who have raised a multitude of concerns about the company.


From the Guzman IPO to Nvidia's record high and Dutton's nuclear policy, it was one of those weeks in both business and politics where showmanship overshadowed substance.


There were many winners from Guzman y Gomez's IPO today, not least TDM Growth Partners, which saw its stake hit more than $800 million on paper after shares soared on debut.


It's not just the cost of the Coalition's nuclear policy that's left economists uneasy. They're also concerned about its potential impact on energy investment and doubt it would actually reduce power prices.


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