The embattled Credit Suisse will be rescued by UBS, the largest bank in the world, in a deal backed by Swiss Authorities to prevent potentially global financial issues. Source: epSos.de/Wikimedia Commons Switzerland’s authorities have reported that Multinational investment bank UBS will buy the Credit Suisse for $3 billion francs ($4.8 billion) in an attempt to…
Two recently published research papers provide evidence indicating that bees develop complex behaviours through social learning. Image source: Pexels Two recently published research papers provide evidence indicating that bees develop complex behaviours through social learning. Traditionally, biologists have viewed the vast range of behaviours seen in social insects such as bees as pre-programmed responses developed…
32-year-old Sydney police offer Joshua Wootton pleaded guilty to stalking a woman using a restricted police database. Image source: sv1ambo, CC BY 2.0 32-year-old Sydney police offer Joshua Alan James Wootton pleaded guilty to stalking a woman and using a restricted police database to search for details about her partner, reports say. Wootton has been…
CEO Mark Zuckerberg has confirmed Meta plans to lose 10,000 employees in another round of cost-cutting measures. Image source: Anthony Quintano, CC BY 2.0 Meta CEO Mark Zuckerberg has confirmed the company plans to lose 10,000 employees and close 5,000 open positions in another round of cost-cutting measures. Meta, parent company of Facebook and Instagram,…
Residents of Burketown in Queensland’s far northwest refuse to evacuate despite facing croc-inhabited floodwaters. Image source: thinboyfatter, CC BY 2.0 A small town in Queensland’s far northwest remains underwater following severe floods that hit the region this past week. The residents Burketown, which hosts a population of less than 250, have been warned to evacuate…
The BBC has reinstated host of the show Match of the Day, Gary Lineker, after the network faced faced mounting controversy over its suspension of the sports presenter. Source: Liton Ali/Wikimedia. Gary Lineker, host of the BBC’s Match of the Day has been reinstated in his hosting role after the network became the centre of controversy…
The US Federal reserve has announced measures to guarantee deposits at Silicon Valley Bank to prevent wider financial instability, as even the crypto industry feels the fallout. Source: Dan Smith/Wikimedia Customers of the embattle Silicon Valley Bank (SVB) were able to once again access their deposits this week. This comes after US officials announced that…
Michelle Yeoh and the Everything Everywhere All At Once cast won big at the Oscars 2023, as the film earned 7 Oscars, including Best Picture. Source: Michelle Yeoh/Instagram The 2023 Academy Awards are somewhat unique due to the wide range of Oscar nominations for more ‘pop culture’ movies, such as Top Gun: Maverick and Avatar:…
A man has been found dead in a Townsville home. Source: Highway Patrol Images, Wikimedia Commons An overnight emergency has been revoked after a man was found dead in a home in the Townsville suburb of Kirwan this morning. Gunshots were fired last night at nearby houses as well as a car and responding police…
Cootamundra, NSW. Source: Mattinbgn, Wikimedia Commons Residents of the NSW town Cootamundra have been ordered to evacuate after heavy overnight rain caused a local creek to flood. An aged care home and caravan park are among those properties evacuated. According to the Bureau of Meteorology, about 100 millimetres of rain has been recorded in the…