Facebook founder Mark Zuckerberg has lost approximately $43 billion AUD after a market crash saw Meta stocks fall by over 26 per cent last week. The crash saw Meta lose $322 billion AUD making it the biggest downfall the company has every experienced. Zuckerberg’s personal net worth went down to $117 billion AUD and was…
A recent study has revealed that Australia has experienced several local extinctions of up to 17 birds since the country was colonised over 200 years ago. Research conducted by The University of Queensland discovered that in areas of Australia certain bird species no longer exist where they originally were found (local extinction). According to The…
When Prince Charles becomes King his wife Camilla, Duchess of Cornwall is to be known as Queen Consort according to Queen Elizabeth in a Platinum Jubilee message. The announcement came in a public letter from Sandringham house in which The Queen talked about celebrating her 70th year as reigning monarch of the United Kingdom and…
23-year-old Jakara Anthony won the gold medal in the women’s mogul yesterday making her the first Australian woman to win the freestyle skiing event. The Queenslander won the final with a score of 83.09 to beat out fellow competitors Jaelin Kauf and Anastasiia Smirnova having led every round over the two-day competition. Ms Anthony’s win…
Film star Johnny Depp is about to launch into the world of NFTs with a collection of artworks called ‘Never Fear Truth’ which has been inspired by ‘Friends and Heroes’. The collection will consist of 11,111 NFTs created by Depp with majority of the paintings being portraits of friends, heroes and family members. Several notable…
A case of a deadly tick-borne disease known as Ehrlichiosis has been found in far north Queensland with authorities worried that it may continue to spread. The disease was first identified in the Northern Territory in 2020 and has subsequently spread to Western Australia as well as South Australia with the first case now recognised…
Earlier this week the Reserve Bank of Australia announced that they have estimated the unemployment rate could fall below four per cent later in the year. Governor of the Reserve Bank of Australia Philip Lowe said that the labour market has seen a strong recovery following the peak of the COVID-19 pandemic, even though the…
Meta’s cryptocurrency Diem has been sold to Silvergate Capital Corporation for approximately $255 million AUD as Zuckerberg’s digital currency was met with resistance from US federal and international regulators. Diem (previously known as Libra) was a cryptocurrency created under The Diem Association in 2019 which was separate to Facebook but received funding from Meta. According…
The 2022 Winter Olympics will see a team of 43 Aussies compete in Beijing with high expectations for several athletes who have a chance at bringing home a medal. Aussie athletes at this years Winter Olympics will be a mix of old and new with 22 women and 21 men making it the third largest…
The Federal government has announced that $50 million will be put towards Koala conservation as the marsupial population continues to decrease amid the after affects of the 2020 bushfires. According to the Australian Geographic, there has been a 30 per cent decline in the Koala population with figures estimated to be between 32,000-58,000 nationally. Prime…