Technology
Technology
ASIC knew of VIQ offshoring fears a year early, emails show
Emails released under FOI show the ATO and ASIC suspected VIQ Solutions had sent government data offshore in early 2025, a year before the court data breach became public.
Technology
Binance aims to reopen withdrawals by Sunday
Binance has set aside more than US$6.34 billion to cover hack losses and expects to restore withdrawals before its Sunday deadline.
Markets
Intel's worst day since 1974 drags the Nasdaq down
Intel fell 28.58 per cent and the Nasdaq dropped 2.86 per cent as investors questioned the returns on Big Tech's AI spending.
AI
Victorian councils call for a halt to new data centres
The peak body for all 79 Victorian councils wants no new data centre approvals until a full planning and environmental framework is in place.
Technology
Binance loses US$6.3 billion in biggest crypto hack on record
Hackers drained up to US$6.3 billion from Binance's hot wallets. About US$3 billion has been frozen and bitcoin fell below US$77,000.
Technology
ASIC looks at brokers behind the failed $44 billion Firmus float
The regulator is making inquiries into the lead managers on the abandoned $44 billion listing, as Firmus faces up to US$550 million in chip payments by December.
Technology
Alphabet loses US$500 billion in its worst day since Google floated
Investors dumped the Google owner after AI spending pushed its quarterly cash flow US$9 billion into the red and search revenue fell short.
Technology
Meta offers Zuckerberg tax help to keep him in California
New non-voting shares would let him fund a possible billionaire tax without losing control. The deal binds him to California for eight years.
Culture
EA shuts down the game studio behind Mass Effect
Work on the next game has stopped, while about 400 jobs will go across Electronic Arts, including roughly 50 at BioWare, Bloomberg reported.