$1.1 trillion wipeout:Wall Street just got hit with a reality check

$1.1 trillion wipeout:Wall Street just got hit with a reality check

Wall Street has been riding an AI wave,but it just recorded its worst day since 2022 after investors were spooked by results from two of the world’s biggest companies.

  • byStephen Bartholomeusz

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Massive outage shows the vulnerability of the global tech ecosystem

Massive outage shows the vulnerability of the global tech ecosystem

The CrowdStrike episode is chilling because it highlights how a single,flawed update from a trusted source can cause large parts of the global system to fail.

  • byStephen Bartholomeusz
NRL to test broadcast rights waters as streaming loophole appears

NRL to test broadcast rights waters as streaming loophole appears

The code is set to go to market for its next TV deal this year,seizing on anti-siphoning laws that allow it to sell digital rights to global players such as Amazon.

  • byChris Barrett
Amazon’s radical plan to fight off Shein and Temu
Opinion
Retail

Amazon’s radical plan to fight off Shein and Temu

Amazon looks worried that it can’t beat the two Chinese juggernauts of low-priced online retailing. So it’s decided to join them.

  • byStephen Bartholomeusz
‘Sobering reality’:What the future for Australia’s media giants looks like

‘Sobering reality’:What the future for Australia’s media giants looks like

With mass job cuts across Australia’s largest media companies,is there a way out of the advertising downturn,or is it time to face up to a new normal?

  • byCalum Jaspan
Why friends and family are asking me if it’s too late to buy Nvidia stock

Why friends and family are asking me if it’s too late to buy Nvidia stock

The chipmaker is the world’s third-largest company,larger than Tesla and Amazon combined. Should you buy into the hype?

  • byWilliam Bennett
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Data deleted:UniSuper outage raises lockout fears

Data deleted:UniSuper outage raises lockout fears

Members of one of the nation’s largest superannuation funds have regained access to their funds,but there are new questions about the Australia’s reliance on three US tech giants.

  • byDavid Swan
What the Magnificent Seven’s $1.7 trillion meltdown tells us about the economy

What the Magnificent Seven’s $1.7 trillion meltdown tells us about the economy

The key question for investors is whether this is just a correction in what has been quite an ebullient market – or something more threatening.

  • byStephen Bartholomeusz
Amazon builds new mega warehouse as shoppers seek out larger items

Amazon builds new mega warehouse as shoppers seek out larger items

Amazon Australia is developing two new super-scale robotics-led centres amid strong growth in online purchases of bulky goods such as furniture and flat screen TVs.

  • byCarolyn Cummins
The digital revolution may be returning us to hi-tech serfdom

The digital revolution may be returning us to hi-tech serfdom

Led by a few big tech companies – Meta,Alphabet,Apple,Amazon and Microsoft – the digital revolution is turning capitalism into “technofeudalism”.

  • byRoss Gittins
What are Matter,Thread and Wi-Fi 7,and how they can make life easier?

What are Matter,Thread and Wi-Fi 7,and how they can make life easier?

You might not know about these latest wireless standards just yet,but they’ll be key to pulling your smart home together in the near future.

  • byTim Biggs