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10 things you need to know this morning in Australia

Wednesday 17 February 2021

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10 things you need to know this morning in Australia

Good morning, and welcome to the FACEBOOK-POCALYPSE.
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Facebook is banning Australian users from sharing news after the country proposed a law forcing tech companies to pay news outlets

Facebook is blocking Australian users from seeing, sharing, and interacting with news on the site. Moreover, all Facebook users worldwide won't be able to see news shared by Australian news outlets.
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'We will be proceeding with the Code': As Facebook bans Australian news, the government says it won't back down on new media laws

The Federal Government says it won't back down on its proposed news media bargaining code after Facebook banned Australian journalism from its site.
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Less deaths and more cars: Here are 5 things we learned about Australia from Wednesday's company reports

A bumper company reporting season has delivered a myriad of results on Wednesday, from pizza chain Domino's to funeral company Invocare. Covering the period from July to December, the reports show exactly how Australians were spending their money and going about their day to day during the pandemic.
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'A significant market opportunity in front of us': Australian influencer platform Tribe eyes an IPO with plans to expand international operations

Australian influencer marketing platform Tribe is considering an IPO on the ASX, as it continues to expand into UK and US markets. The platform connects brands to content creators to create photographs and videos to be used by the brand or to be posted by the influencer themselves.
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'Driven by rideshare businesses': Fresh ABS data shows courier and delivery services lifted Australian business figures even before the pandemic

A 2.0% growth in the number of Australian businesses over 2019-2020 was driven by ride share businesses, new ABS data suggests. The transport, postal, and warehousing sector was the fastest-growing for the sixth year running.
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Coles profits have soared as the pandemic produces an eating and drinking bonanza – but it still trails its major rivals

Coles has reported a first-half profit of $560 million, up almost 15% on the same period last year. The supermarket chain attributed the growth largely to trends that emerged during the pandemic, as Australians were forced to stay home to eat and drink.
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Google has agreed to pay Nine $30M a year for use of its news content, following a similar deal with Seven West Media

Google has agreed to pay Nine Entertainment Co more than $30 million a year for use of its news content, in a major breakthrough for the search giant ahead of the introduction of new media bargaining laws.
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The world's biggest holder of Dogecoin owns 28% of the cryptocurrency — a position now worth $2.1 billion

Records reveal that 28% of dogecoin in circulation is owned by a single investor. The position is worth around $US2.1 billion at current prices, the Wall Street Journal first reported.
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If you hate flicking switches, the Philips Hue smart lighting system lets you control settings via your smartphone

Philips Hue is the top choice for smart lighting due to the system's reliability, versatility, and ease of use. There is a range of Philips' outdoor Hue devices, including floodlights, pathway lights, and light strips.

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