
RBA makes call after ASX bloodbath
The Reserve Bank of Australia is expected to keep rates on hold at 4.35% when it meets this afternoon after softer-than-expected inflation data and a share market bloodbath.
The Reserve Bank of Australia is expected to keep rates on hold at 4.35% when it meets this afternoon after softer-than-expected inflation data and a share market bloodbath.
The price of Bitcoin hit its lowest mark since February, reversing months of gains.
Emily Hamilton launched her viral beauty brand Coco & Eve in 2018, bootstrapped by her and husband Alexander Ostrowksi. Fast-forward to today, and the company’s just sold a majority stake in the business to US private equity firm Gauge Capital – and says it’s on track to exceed $120 million in revenue for the 2024 calendar year.
Apple shares opened down 8%, Microsoft 5%, Nvidia 14%, Google parent Alphabet 6%, Amazon 8%, Facebook parent Meta 7% and Tesla 11%.
The global stock market slide wiped out billions of dollars from the net worths of the world’s richest people.
Musk withdrew an original lawsuit earlier this year, after claiming OpenAI and its founders were developing AI to “maximize profits” instead of benefiting humanity.
Canva has been giving away a billion dollars of its premium product every year and hadn’t bothered to count.
In Sunday’s gold medal match Spain’s Carlos Alcaraz became the youngest player to be in the men’s singles finals since 1988, while Serbia’s Novak Djokovic was the oldest player ever in a tennis singles final.
Can Generative AI be used to create an actual advertising film from scratch?
Of all the dangerous ideas he’s canvassed, author and academic David Runciman finds child suffrage is the one that gets the rotten tomatoes flying.