News

The company said it moved forward with layoffs because it “simply had no other way to bring its spending in line with revenue.”

Only 8% of Australians use ChatGPT daily, much less than the global average. 78% of Australians distrust news written entirely by generative AI. We dig into the data.

Elon Musk internally announced that about 500 people, or the entire team that works on superchargers for Tesla, were being let go this week, according to The Financial Times.

An indictment naming Roger Ver—“Bitcoin Jesus”—has been unsealed in federal court. Ver has been charged with mail fraud, tax evasion & filing false tax returns.

Qantas says it’s working to resolve an issue impacting its app, after reports surfaced of a potential privacy breach.

Australian fintech company Airwallex is launching a program for local startups to boost their growth, with grants and perks on offer.

The Australian and Queensland governments are investing $940 million to bring the quantum computer to fruition. The technology is billed as capable of propelling the global economy forward for decades.

Just ten cities are home to nearly a quarter of the world’s billionaires. Here’s where they choose to live.

Budget airline Bonza Aviation, which launched in January 2023, has temporarily suspended its services.

By organizing challenges and pre-screening small nonprofits, Lever for Change has helped a handful of billionaires shift some giving towards global grassroots organizations.