Instagram linked to depression, anxiety and insomnia in children, lawsuit against Meta claims
Nearly three dozen states sued Meta, claiming the social media giant misled the public about harms to children and teenagers.
Technology
Latest leadership shuffle at Qantas to address ‘challenges and opportunities’ ahead
Qantas Group has announced a new chief executive officer for its regional and charter business, QantasLink.
Microsoft sinks $5 billion into Australia to ‘help seize AI era’
The investment will roll-out over the next two years, and will be the single largest investment in is 40-year history in the country.
Musk warns of ‘enormous challenges’ for Tesla Cybertruck production and pricing
Tesla’s reinterpretation of the pickup truck should arrive in November, though at low volume. And the company’s billionaire CEO declined to provide a 2024 sales target.
Iron and rust could be the secret to storing clean power for days
Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days.
Musk confirms X subscription tiers coming ‘soon’
X, formerly known as Twitter, is launching two tiers of premium subscriptions.
Brewing prescription drug ingredients like they were beer
Backed by US$120 million in venture funding, Stanford professor Christina Smolke’s company Antheia just completed its first scaled production of a key drug ingredient.
Elon Musk loses $24 billion after Tesla stock falls roughly 9%
Tesla stock fell after a poor earnings report and ominous statements from CEO Elon Musk.
HR ‘double unicorn’ Employment Hero valued at $2bn after $263 million raise
Tech unicorn Employment Hero has announced a $263 million Series F round to fuel its rapid global expansion, the company revealed on October 19.
The great rebalancing: How we can get the most out of the Aussie tech sector
Australia’s tech industry has been shocked by the scale of repeated local layoffs this year.