Telstra has announced this week it will partner with the Australian Government to acquire and manage mobile network company Digicel Pacific. Digicel Pacific is currently the leading telecommunications operator in the South Pacific. Over the past 15 years Digicel Pacific has earned a place as the foremost telecommunications provider for South Pacific nations Papua New…
Twitter has learned its algorithm amplifies right-leaning political content, the social media company revealed in a recent blog. In a study conducted this year, Twitter sought to identify how machine learning (ML) may impact the promotion of political content on the site. The algorithm in question pertains to Twitter’s Home timeline, which displays Tweets from…
Bitcoin prices are surging at an all-time high this week following the crypto-giant’s highly anticipated trading debut. Bitcoin’s first futures exchange-traded fund (ETF) debuted under the ticker BITO on Tuesday. The next day, bitcoin prices skyrocketed to over $66,000. Prior to this week, bitcoin last peaked at $64,899 in April. Investors predict bitcoin may rise…
China’s developing crises may spell good news for Australia in the months to come. The nation is currently threatened by a looming financial crisis as real estate giant Evergrande is set to default on a debt worth hundreds of millions of dollars. The default is likely to have far-reaching consequences on the wider Chinese economy…
This week Netflix released its earnings report for the year’s third quarter. The site outperformed estimates for this quarter, reporting an addition of 4.4 million global paid net subscribers. Netflix has been trending upwards since mid-2021, with most recent reports far exceeding the year’s first two quarters. With the earnings report came an announcement: Netflix…
The Australian Council of Trade Unions (ACTU) has written to the Labor Party today asking them to oppose an upcoming trade agreement. Legislation for the Regional Comprehensive Economic Partnership (RCEP) trade agreement is in front of Parliament today. ACTU wrote to the Labor caucus this morning to plead for the party to oppose the Bill.…
The leaders of the G7 countries have recently ended a three-day summit, pledging to address vaccine inequity, climate change, global taxes, and China’s growing power. In a communique released at the conclusion of the meeting in Cornwall, England, the leaders of the G7 countries – France, Germany, Japan, Italy, Canada, the United Kingdom, and the…
Elon Musk’s recent tweet about “promising” developments on clean energy crypto mining ignited a surge in Bitcoin overnight. According to CoinMarketCap, by 8:00am AEST, Bitcoin’s price had jumped 15 per cent in a 24-hour period – pushing US $39,100. After a week of chaos where billions of dollars were wiped off the value of the…
A selling frenzy of cryptocurrencies this week, caused by Chinese financial leaders and Elon Musk, has seen Bitcoin and many other coins plunge in the market. It has been a wild 24 hours in the crypto world. China’s recent crackdown on cryptocurrencies along with cryptic tweets from Musk triggered a selling frenzy which has seen…
A new report shows the of number Aboriginal and Torres Strait Islander children in out-of-home care continues to be high, despite overall rates remaining steady. The annual report released by the Australian Institute of Health and Welfare (AIWH), titled “Child protection Australia 2019/20”, shows one in four of the roughly 46,000 children in out-of-home care…