Business

Auto Added by WPeMatico

Queensland and NT reject Labor’s push to ensure that power-hungry AI datacentres use renewable energy

Federal-state stoush comes as rating agency warns that electricity bills could skyrocketFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastQueensland and the Northern Territory have rejected the federal government’s plans to mandate that AI datacentres use renewable power, rubbishing Anthony Albanese’s proposals to regulate the […]

Queensland and NT reject Labor’s push to ensure that power-hungry AI datacentres use renewable energy Read More »

Ebay and ex-executives to pay $55.7m to couple sent cockroaches in harassment campaign

Bloggers David and Ina Steiner were stalked by eBay executives over their critical coverage of the companyEbay and three former top executives have agreed to pay $55.7m to resolve a lawsuit by a Massachusetts couple who fell victim ⁠to a bizarre stalking and ⁠harassment campaign carried out ​by several of its employees in retaliation for

Ebay and ex-executives to pay $55.7m to couple sent cockroaches in harassment campaign Read More »

Apple becomes second ever $5tn company as investors flee AI stocks

Share price rally driven by strong product demand as well as decision to sit out AI spending race, amid wider tech sell-offApple has become only the second company to pass the $5tn valuation mark, as it benefited from investors fleeing AI and semiconductor stocks amid a wider tech sell-off.The iPhone maker’s shares hit a session

Apple becomes second ever $5tn company as investors flee AI stocks Read More »

I noticed a customer review I think might be fake. In Australia, are businesses allowed to do this?

False testimonials are prohibited under Australian consumer law, writes policy professional Kat George, but they are also very hard to policeRead more Australian customer service questionsWhile looking at the website for NannyLane Australia, which bills itself as “the Uber for Nannies”, I noticed some glowing testimonials apparently written by happy parents who’d used their services.

I noticed a customer review I think might be fake. In Australia, are businesses allowed to do this? Read More »

AI sell-off intensifies as investors ditch chip stocks

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competitionBusiness live – latest updatesThe sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months.Investors continued to ditch chip stocks on Tuesday, amid rising concerns about the huge amount

AI sell-off intensifies as investors ditch chip stocks Read More »

No, Centrica, customers don’t prefer bots to humans | Letter

Charles MacKinnon disagrees with the British Gas owner’s justification for cutting 1,300 jobsAccording to Centrica’s boss, Chris O’Shea, most people using British Gas prefer to talk to a chatbot rather than a person (Customers prefer AI chatbots, says British Gas owner as 1,300 call centre and back office jobs axed, 23 July).He says that 90%

No, Centrica, customers don’t prefer bots to humans | Letter Read More »

Boss of startup hacked by rogue OpenAI agent urges ‘radical transparency’ in investigation

Artificial intelligence firm should provide $100m for cyber defences, says Hugging Face CEOBusiness live – latest updatesThe boss of the startup hacked by an OpenAI agent has called for the investigation into the incident to show “radical transparency”.Clément Delangue, the chief executive of Hugging Face, said the “unprecedented” attack on his business required a similar

Boss of startup hacked by rogue OpenAI agent urges ‘radical transparency’ in investigation Read More »