Australian and US law enforcement officials on Tuesday announced they’d sprung a trap three years in the making, catching major international crime figures using an encrypted app. More than 200 underworld figures in Australia have been charged in what Australian Federal Police (AFP) say is their biggest-ever organised crime bust. The operation, led by the… Read more »
It took a chance meeting between Cameron van den Dungen, founder of a start-up mattress company, and Madhu Bhaskaran, an engineering professor at RMIT University, to see an opportunity to collaborate and commercialise research. Van den Dungen had a dream of creating a bed for use in aged care to monitor sleep quality and comfort.… Read more »
Most of us benefit every day from the fact computers can now “understand” us when we speak or write. Yet few of us have paused to consider the potentially damaging ways this same technology may be shaping our culture. Human language is full of ambiguity and double meanings. For instance, consider the potential meaning of… Read more »
The manufacturing world is facing one of its greatest challenges in years — a global shortage of semiconductors — and there doesn’t appear to be an end in sight any time soon. According to Acer, one of the world’s largest laptop manufacturers, companies will still be affected by this shortage until at least the first… Read more »
On May 7, a pipeline system carrying almost half the fuel used on the east coast of the United States was crippled by a major cyber attack. The five-day shutdown of the Colonial Pipeline resulted in widespread fuel shortages and panic-buying as Virginia, North Carolina and Florida declared a state of emergency. The attack highlights… Read more »
Queenie Tan is full of financial advice. Whether it is cheap date ideas, buying furniture, saving your first $100,000, doing your tax return or investing in Dogecoin, there is seemingly no topic the 24-year-old Sydney woman can’t confidently tackle. Her posts and videos have gained her 15,000 followers on Instagram and 42,000 followers on TikTok.… Read more »
The massive digital platform market has until recently been dominated by a handful of US-based companies such as Facebook and Google. However, as foreign governments and competing platforms try to erode this domination, platforms are becoming a new sphere of geopolitical manoeuvring. The European Union wants to gain more control over international tech companies and… Read more »
On budget night federal Treasurer Josh Frydenberg announced Australia is getting its own “patent box”. What is a patent box? Despite its odd name, it is a relatively straightforward concept. It means lowering the tax rate on all income derived from patents registered in a nation. About half the members of the European Union, Britain… Read more »
Over the weekend, Tesla chief executive Elon Musk suggested his company could sell off its Bitcoin holdings, sending the cryptocurrency plummeting. It followed Musk’s announcement earlier this month that his company would no longer accept Bitcoin in payment for its electric cars, due to the fossil fuels needed to create the digital currency. Bitcoin is… Read more »
The federal budget for 2021-22 promises A$1.2 billion over the next six years to support the Digital Economy Strategy, a plan to make Australia “a leading digital economy and society by 2030”. The Digital Economy Strategy proclaims We are well placed to be a leading digital economy and have strong foundations, but many countries are… Read more »
A Labor government would provide support for aspiring young entrepreneurs to spend a business-focused year working with a university or private sector incubator to develop their startup enterprise or idea. The Startup Year proposal, in Anthony Albanese’s Thursday night budget reply, would offer places for up to 2000 students. The scheme would run for a… Read more »
After 20 years of rhetoric from both sides of politics focusing on getting back to surplus, this year’s budget continues pandemic spending in the hope of getting the economy back on track as the pandemic starts to settle. The projected deficit is $161 billion for 2021-22, but rather than tackling this in the next four… Read more »
Billionaire Jeff Bezos’s space launch company Blue Origin has announced it will sell its first flights into microgravity to the highest bidder. Blue Origin and its two greatest competitors in the “space tourism” field, SpaceX and Virgin Galactic, claim to be advancing humanity through the “democratisation” of space. But these joyrides aren’t opening up access… Read more »
A large piece of space debris, possibly weighing several tonnes, is currently on an uncontrolled reentry phase (that’s space speak for “out of control”), and parts of it are expected to crash down to Earth over the next few weeks. If that isn’t worrying enough, it is impossible to predict exactly where the pieces that… Read more »
Facebook’s quasi-independent Oversight Board on May 5, 2021, upheld the company’s suspension of former President Donald Trump from the platform and Instagram. The decision came four months after Facebook CEO Mark Zuckerberg banned Trump “indefinitely” for his role in inciting the Jan. 6 riot at the U.S. Capitol. The board chastised Facebook for failing to… Read more »
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