Investing

Social media is not “protecting us from false generative AI,” Eric Schmidt said Monday.

A new biotech incubator in Melbourne, the Jumar Bioincubator, operated by Cicada Innovations, has put a call-out to early stage start-ups looking to scale their ventures.

“Twitter appears to have dropped the ball on tackling hate. A third of all complaints about online hate reported to us are now happening on Twitter,” Australia’s eSafety commissioner said.

In 2018, David Lochridge found that the submersible had been severely undertested and its porthole was only certified to withstand a fraction of the pressure it would experience on a Titanic dive.

Rodrigo Pizarro, the current chief executive of L’Oréal Groupe’s Australian and New Zealand arm will move to a new role within the company, and the company’s Greece CEO, Alex Davison, will assume his role.

ChatGPT founder Sam Altman is full of hope (and fear) about the future of artificial intelligence. Finishing off a five-week world tour at the Melbourne Exhibition Centre he spoke to audiences about the importance of incentives, harnessing the power of capitalism, and the potential of AI to destroy the world.

The trade group said in 2018 the submersible did not meet industry standards, despite advertising it did.

There’s been no sign of the submersible or its five passengers as Coast Guard members said the “incredibly complex” search mission is made more difficult by the size of the search area, as well as its distance from coastlines.

In a Q&A with Forbes Australia editor-in-chief Sarah O’Carroll, the founder & CEO of Wisetech Global, Australia’s 7th richest person with a net worth of $10 billion, shares what brings him happiness and his love of Sydney. 

Speaking at a press conference at VIVA Tech Paris on June 15 deputy CEO of L’Oréal Group, Barbara Lavernos, says hyper-personalisation is the next frontier for beauty companies, and hers is ahead of the rest.