Business

Rex Airlines has cut 26 weekly services across its Victoria and Tasmania network, including reducing Mildura-Melbourne from 24 to 19 services a week. The airline cited soaring jet fuel costs and weak bookings; Sharp Airlines and Qantas have pulled regional routes earlier this year.

OpenAI acquired TBPN, Technology Business Programming Network, on April 2 for a price the Wall Street Journal reported as 'low hundreds of millions.' Hosts John Coogan and Jordi Hays built a daily streaming show that became required viewing for Silicon Valley executives. OpenAI's stated rationale is

Microsoft launched three in-house AI models on April 2, MAI-Transcribe-1 for speech-to-text, MAI-Voice-1 for expressive voice synthesis, and MAI-Image-2 for image generation, available through Microsoft Foundry. The release is less about the models themselves and more about what they mean for the co

Al Taweelah smelter damage needs 12 months to repair, EGA says, disrupting global supply

The Amazon founder is in early talks to raise the largest private fund ever for acquiring industrial companies. It is connected to his secretive Project Prometheus.

A survey found 86% of entrepreneurs say government policy does not support their needs. Around 75% report difficulty raising investment.

The CEO said he would be 'deeply alarmed' if a $500,000 engineer did not consume at least $250,000 worth of AI compute. Nvidia envisions employing hundreds of thousands of AI agents.

Indian-born founders are starting more than half of all new businesses in Sydney's west. The data tells a story about migration, entrepreneurship, and a region finally getting its due.

A decade after the Giving Pledge promised to reshape global charity, the world's wealthiest are quietly walking back commitments — and the reasons reveal uncomfortable truths about power, accountability, and what happens when goodwill meets scrutiny.