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Zoom Cuts 1,300 Jobs As Pandemic Glow Fades

Zoom Cuts 1,300 Jobs As Pandemic Glow Fades

Nathan Jolly February 8, 2023 No Comments

The honeymoon is over for pandemic pal Zoom, with the company announcing it will cut 15 per cent of its workforce, some 1,300 jobs. Despite becoming an “indispensable source of…

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Microsoft Adds ChatGPT To Bing Search

Microsoft Adds ChatGPT To Bing Search

Nathan Jolly February 8, 2023 No Comments

“The race starts today,” Microsoft boss Satya Nadella declared, as he unveiled a new version of its search engine Bing with ChatGPT’s advanced AI. This is the biggest threat to…

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Ninth Straight Hike, Interest Rates Jump To 3.35%

Ninth Straight Hike, Interest Rates Jump To 3.35%

Nathan Jolly February 7, 2023 No Comments

The RBA has inflicted its ninth straight interest rate rise this afternoon, with the rate now sitting at 3.35 per cent. In addition, Governor Philip Lowe said the board expects…

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Two More Aussie Shopping Centres Change Hands

Two More Aussie Shopping Centres Change Hands

Nathan Jolly February 7, 2023 No Comments

Shopping centres in Brisbane and Perth have sold to investors, as more and more consumers return to brick-and-mortar retail. Westpoint Shopping Centre, 20km outside Brisbane’s CBD, has been bought for…

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Biggest Consumer Confidence Drop Since August As Rate Rise Looms

Biggest Consumer Confidence Drop Since August As Rate Rise Looms

Nathan Jolly February 7, 2023 No Comments

Consumer confidence has dropped to its lowest level since August, as Aussies nervously wait for today’s expected interest rate rise. The ANZ-Roy Morgan Consumer Confidence index fell 3.2 percentage points…

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Wesfarmers Workers Awarded $4.8M Backpay

Wesfarmers Workers Awarded $4.8M Backpay

Nathan Jolly February 7, 2023 No Comments

Wesfarmers are paying $4.8 million to more than 3,400 current and ex-employees after underpayments that stretched over a decade. The underpayments occurred between 2010 and 2020, and amount to $4,836,036…

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iPhone Maker’s Revenue Jumps 48% As China Recovers

iPhone Maker’s Revenue Jumps 48% As China Recovers

Nathan Jolly February 7, 2023 No Comments

Foxconn, the world’s largest iPhone assembler, saw its January revenue leap 48.15 per cent year-on-year, as pandemic-led disruptions in its Chinese factories ease. The Taiwanese manufacturing giant issued an update…

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Acer Gets Ready For School With New Chromebooks, TravelMate Laptops

Acer Gets Ready For School With New Chromebooks, TravelMate Laptops

Nathan Jolly February 7, 2023 No Comments

School is back in Australia, and Acer has today announced its latest additions to the TravelMate series of Windows 11 Education laptops, as well as four new Chromebooks – also…

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Google Launches ChatGPT Rival

Google Launches ChatGPT Rival

Nathan Jolly February 7, 2023 No Comments

Google’s parent company has introduced Bard, the search giant’s competitor to the Microsoft-backed Chat GPT chatbot. “Bard seeks to combine the breadth of the world’s knowledge with the power, intelligence…

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Dell Slashes 6,650 Jobs As Bloodbath Continues

Dell Slashes 6,650 Jobs As Bloodbath Continues

Nathan Jolly February 7, 2023 No Comments

Dell has joined the laundry list of giant tech companies that are making mass staff culls, with the computer maker announcing it will cut 5 per cent of its global…

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