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10 things you need to know this morning in Australia

Tuesday 30 April 2019

Business Outsider

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10 things you need to know this morning in Australia

Facebook hosts its F8 conference with a lot of blowback, the Aussie dollar is showing signs of weakness and Trump is suing a bank. Buckle in, it's an interesting morning. 
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Mark Zuckerberg says 'the future is private.' But his definition of privacy is a little different.

Facebook says it's pivoting to "privacy." But the social network will continue to relentlessly profile users and target them with ads.
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The Australian dollar is weaker as Chinese economic data comes up short

Soft Chinese PMI reports for April was a major factor behind the Aussie's weakness.
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Australia needs to charge people to use roads ASAP – before EVs reach critical mass, Transurban boss says

Australia must find a new way of taxing road users soon or be unable to fund new infrastructure, according to the boss of toll giant Transurban.
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Here are some of the best reactions to Mark Zuckerberg's change of tune on privacy at today's big Facebook event

At Facebook's F8 conference, Mark Zuckerberg highlighted his company's so-called "pivot to privacy" with the repeated slogan: "The future is private."
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Australians aren't racking up credit card debt like they used to

Australians continue to shun credit card debt. Bank lending via credit cards contracted by 4.8% in the year to March, the second largest annual decline since June 2002.
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Uber's IPO is reportedly sold-out just three days into its investor road show

Uber has already found sufficient demand for its initial public offering, Bloomberg reported Tuesday.
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China is building a powerful navy to take on US in the Pacific — here's what its arsenal looks like

China's naval force is growing at an incredible rate, not just in size but also in combat capability. 
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Apple's shares jump 5% as its Q2 numbers beat the Street

Although its sales and earnings were below those it posted in its second quarter last year, they were better than analysts were expecting.
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38 details you might have missed so far on the latest season of 'Game of Thrones'

 We have created a mega-list of every reference and smaller moment you might not have noticed on "Game of Thrones" season eight so far.
Warning: Spoilers ahead.
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10 things you need to know this morning in Australia

Monday 29 April 2019

Business Outsider

0
Business Insider Australia Twitter Facebook LinkedIn

10 things you need to know this morning in Australia

WeWork submitted for a sneaky IPO, the reason Chris Cox left Facebook and ICYMI, Australia's internet speeds are terrible.
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WeWork confidentially filed to go public

The We Company, better known as WeWork, announced on Monday that it had submitted its draft registration to go public with the Securities and Exchange Commission.
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The Australian dollar drifts higher as the economic calendar begins to ramp up

The Australian dollar drifted higher to start the week, gaining ground in Asia as the greenback remained under pressure.
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Alphabet's stock is sinking after Q1 revenues miss Wall Street targets

Alphabet, the parent company of the internet search giant Google, fell short of Wall Street's revenue targets for its first three months of the year.
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The Winterfell battle on Sunday's 'Game of Thrones' was the show's lowest-ranked episode since season 5

The season eight episode "The Long Night" scored 78% on Rotten Tomatoes. It got the third-lowest score for this show ever. The lowest-rated episode was way back in season five.
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Tesla is finding out what it's like when China gets a little angry

Last week, a Tesla sitting in a Chinese parking lot suddenly burst into flames. Over the weekend, Chinese state media published several critical stories about the company.
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The dead are on track to outnumber the living on Facebook in 50 years

A new study by the University of Oxford's Internet Institute predicts that the dead will outnumber the living on Facebook by 2070.
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Australia falls to the ridiculously-low 62nd place in global internet speed rankings

Kazakhstan, Cape Verde and Montenegro perform better than Australia.
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Boeing's CEO explains why the company didn't tell 737 Max pilots about the software system that contributed to 2 fatal crashes

Boeing has come under fire for its failure to disclose the presence of the Manoeuvring Characteristic Augmentation System on its Boeing 737 Max airliners.
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The most property obsessed nations in the world, ranked

It's often said that Australians are property obsessed. However, when it comes to global standards, we're not in the same league as these other countries.
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