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Telstra CEO says executive bonuses to be reviewed after nationwide outage – video

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Telecommunications industry, Telstra

Returning from annual leave, Telstra chief executive Vicki Brady has faced a barrage of questions for the first time since the company’s nationwide outage on Wednesday affected train services, payment systems and triple zero calls. Brady says the failure was not the result of job restructuring, insisting that ‘people and processes worked as they should […]

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SpaceX and AI startup wealth fuels demand for private jets

ai, AI (Artificial Intelligence), Air transport, anthropic, Artificial Intelligence, Business, OpenAI, SpaceX, Technology, The super-rich, US news

Newly minted rich and those anticipating huge IPOs are fueling buying and charter spree in the private jet sectorSign up for the Breaking News US newsletter email Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for

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Low-e windows keep homes cool … but may set neighbours’ property on fire

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Construction industry, Energy, Environment, Technology

Low-emissivity windows also keep houses warm in winter, but use on bowed glass can have magnifying-glass effectLow-emissivity or low-E window glass is a useful green technology for keeping buildings warm in winter and cool in summer … but a rare side-effect can set the neighbours’ property on fire.The glass is coated with a thin layer

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Datacentres are a ticking time bomb. We must make sure AI’s benefits outweigh the costs | Nicki Hutley

ai, AI (Artificial Intelligence), Artificial Intelligence, Australia news, Australian economy, Australian politics, Business, Climate crisis, Datacentres, Energy, Environment, Greenhouse gas emissions, infrastructure, Technology, Water

They suck up energy and water, and blast out heat. Just who is better off from all this investment – aside from tech bros?The two great existential threats of our time – the climate crisis and AI – come hurtling together in the explosion of datacentres across Australia and around the world.You can hardly avoid

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IMF upgrades UK growth forecast as fears over impact of Iran war diminish

ai, AI (Artificial Intelligence), Andy Burnham, Artificial Intelligence, Bank of England, Business, Economic growth (GDP), Economics, G7, Inflation, Interest Rates, International Monetary Fund (IMF), Middle East and north Africa, Politics, UK news, US-Israel war on Iran

July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries weaker or unchanged, amid hopes the economic impact of the Iran war may be less severe than feared.In

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