Yesterday
Microsoft’s Telstra deal backs Vicki Brady’s $1.6b infrastructure bet
The technology giant will become the first client of a big intercity fibre network being rolled out after the telco decided not to sell its InfraCo division.
- Paul Smith
This Month
- Opinion
- Digital Life
It’s the battery life, stupid: Why we love Lenovo’s new laptop
Microsoft’s Copilot+ PCs are supposed to be all about the new AI features. But until Recall arrives, all we care about is their fabulous battery life.
- John Davidson
Why this earnings season is the end of an era for Apple
The AI era is upon Apple, and all of its tech peers, and the stories it tells its investors and customers about its products are about to change forever.
- John Davidson
- Opinion
- Chanticleer
AI hype just collided with recession fears
Investors were already worried about how artificial intelligence investment will turn into profits. That’s being compounded by fears of a broader economic slowdown.
- James Thomson
Amazon shares drop as AI costs spook market
Like Microsoft earnings earlier in the week, Amazon investors are ignoring profits, and starting to worry about whether big AI investments will ever be recouped.
- Spencer Soper
You can get iPhones much cheaper in China, but they still sell better here
As the tech industry obsesses about new AI features, sales of iPhones are still the core of Apple’s earnings reports.
- Max A. Cherney and Aditya Soni
- Analysis
- The Breakdown
The AI delusion says ‘we’re all going to get rich quick’
That sum is the staggering gap between what tech companies are making from selling artificial intelligence and the likely costs of running it.
- Nick Bonyhady
July
Inflation picks up; 600 Rex jobs at risk; Navy’s ‘criminal price tag’
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Microsoft’s $334b sell-off is a sign of healthy AI doubts
Microsoft smashed analysts’ forecasts in the June quarter, but it still wasn’t enough to please a market that has bet too heavily on the AI revolution.
- James Thomson
Microsoft reports slower Azure cloud growth; shares drop
Microsoft’s main growth engine in recent years, its Azure cloud-computing service, expanded revenue by 29 per cent against expectations of 31 per cent.
- Dina Bass and Brody Ford
It was called the ‘next Canva’, so Canva bought it
Canva has acquired AI design start-up Leonardo.AI in a surprise deal worth over $120 million. The ACCC is taking notice.
- Staff reporter
Advertisers to be verified under new online scams code
The digital industry has established a new online scam code, after delays establishing a mandatory government backed code.
- Tom Burton
Look out Google, here comes SearchGPT
OpenAI has unveiled a prototype of SearchGPT, a new web search chatbot that could rival Google, and change how people navigate the online world.
- Gerrit De Vynck
- Analysis
- Government Observed
Tech meltdown revealed a fundamental flaw in plain sight
The global CrowdStrike breakdown revealed just how much of the global IT system is built on inherently unsafe code.
- Tom Burton
- Opinion
- AI
What should Australia do about AI regulation? Nothing
Australia should avoid the temptation to rush in like Europe with half-baked rules on AI. We can become a honeypot for talent.
- Rohan Silva
- Analysis
- The Breakdown
Investors aren’t buying Google’s AI future – yet
The search giant’s parent, Alphabet, produced solid earnings, but shareholders are tiring of claims about future magic without answers to important questions.
- Paul Smith
Google’s biggest acquisition falls over as $35b offer rejected
Cybersecurity firm Wiz has turned down a mammoth takeover bid from Google’s parent company, Alphabet, sticking with an IPO plan.
- Lynn Doan and Julia Love
Why investors see an opportunity in CrowdStrike shares
Australian stock pickers say a plunge in CrowdStrike’s shares after it caused a global outage represents a buying opportunity, with slim cyber pickings on the ASX.
- Tess Bennett
Why business is left helpless when big tech stuffs up
Experts say there is little most organisations can do to avoid future calamities like the CrowdStrike outage, but Australia’s emergency responses are improving.
- Paul Smith
- Opinion
- Cybersecurity
Global IT outage the wake-up call we needed
We can’t rely on luck to avoid these scenarios. We have to face the hard truths of cyberspace and to finally do something about them.
- Katherine Mansted
