Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Oct 12, 2024 06:35 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Rob Nicholls

Senior lecturer in Business Law, UNSW

Dr Rob Nicholls is a senior lecturer in business law at the UNSW Business School.
He was previously a research fellow at Swinburne University of Technology where he worked on spectrum policy matters and a research fellow at the Centre for International Finance and Regulation where he researched the intersection of competition law with financial services regulations. His research applies system and network analysis techniques, commonly used in networked industries, to examine error amplification. Rob is the Independent Telecommunications Adjudicator in a regime established to deal with wholesale disputes arising over both legacy services and migration to the NBN. He has had a thirty-year career concentrating on regulations and governance, particularly in networked industries. He has worked for Webb Henderson, the ACCC and Gilbert + Tobin.

Google is worth more in Australia than major news outlets. Here’s how it could better fund journalism

Sep 19, 2024 01:24 am UTC| Technology

The Global Media Internet Concentration Project examines the concentration of the communications and media in countries around the world. The latest data for Australia have recently been released, and they show just how...

Do you trust AI to write the news? It already is – and not without issues

Nov 07, 2023 08:56 am UTC| Technology

Businesses are increasingly using artificial intelligence (AI) to generate media content, including news, to engage their customers. Now, were even seeing AI used for the gamification of news that is, to create...

The power of tech giants has made them as influential as nations. Here's how they're sanctioning Russia

Mar 07, 2022 08:59 am UTC| Technology

The worlds five leading tech companies Google (now Alphabet), Apple, Facebook (now Meta), Amazon and Microsoft have taken steps to impose significant and (mainly) voluntary sanctions on Russia, in response to its...

If Facebook really pulls news from its Australian sites, we'll have a much less compelling product

Sep 02, 2020 14:08 pm UTC| Technology

Facebook will ban publishers and people in Australia from sharing local and international news on Facebook and Instagram if a proposal to force tech giants to pay for news becomes law, the tech giant has announced. The...

No more negotiating: new rules could finally force Google and Facebook to pay for news

Apr 22, 2020 12:49 pm UTC| Technology

Digital platforms such as Google and Facebook will be forced to compensate news media companies for using their content, under a new mandatory code to be drawn up by Australias competition watchdog. The announcement,...

Why you might be paying more for your airfare than the person seated next to you

Oct 09, 2018 12:52 pm UTC| Insights & Views Technology

Price discrimination is legal in Australia where sellers will typically pick an opening price based on the likelihood that someone will pay it. We take a look at how you can get the best deal on airfares in the second part...

Economy

S&P 500 and Dow Close at Record Highs Amid Strong Financial Earnings and Inflation Outlook

The SP 500 and the Dow Jones Industrial Average achieved record closing highs on Friday, driven primarily by surging financial stocks. Major banks and asset managers reported strong quarterly earnings, which helped boost...

Labour Government Faces Tax Hikes Amid Public Service Cuts, Think Tank Warns

As Britains new Labour government prepares for its first budget on October 30, it may need to increase taxes by 20 billion ($26 billion) to prevent real-terms cuts in public services, according to a report by the...

Boeing Cuts 17,000 Jobs and Delays 777X Deliveries Amid Strike

Boeing Announces 17,000 Job Cuts Amid Strikes and Financial Losses Boeing, one of the worlds largest aerospace manufacturers, is set to reduce its workforce by 17,000 employeesrepresenting a 10% cut globally. This...

U.S. Election Could Mark a Turning Point for the Dollar – What Experts Predict

As the upcoming U.S. presidential election approaches, financial analysts predict that the outcome could significantly impact the value of the U.S. dollar. Whether a Trump or Harris victory, each scenario presents unique...

Whitestone REIT Considers Revised $15-Per-Share Offer from MCB Real Estate

Whitestone REIT (NYSE: WSR) is currently assessing a formal $15-per-share acquisition offer from MCB Real Estate, valuing the shopping mall operator at approximately $1.45 billion. This revised proposal has garnered...

Politics

Melania Trump’s Stunning Fashion Secret Leaves Michelle Obama in the Dust: 'I’ve Never Seen Anything Like It'

The ongoing debate between Melania Trump and Michelle Obama isnt just about politicsits about fashion. Both former First Ladies have consistently turned heads with their elegant choices, but the question remains: Who truly...

Donald Trump Promises to 'RACE JOBS BACK' with 15% Tax Rate—But Only for Companies That Hire AMERICANS and Make in USA

Former President Donald Trump has made a bold promise to American workers and manufacturers, announcing a plan to lower corporate tax rates to a striking 15%but with a catch. This tax break will only apply to companies...

Kamala Harris Vowed to ‘Abolish ICE’ and Ban Fracking—Energy Prices Skyrocket, 325,000 Migrant Children Lost Under Her Watch

Vice President Kamala Harris is under fire for a series of controversial policies, including her past vows to abolish ICE, impose a natural gas export ban, and prohibit frackingactions that critics argue have contributed...

Donald Trump Vows to Put American Citizens First: ‘We Will Crush Communists, Marxists, and Fascists to Save Our Nation!’

During a fiery speech at his latest campaign rally, former President Donald Trump laid out his vision for America under his administration, emphasizing a strong commitment to prioritizing the needs of U.S. citizens. In a...

‘Kamala’s Nightmare!’ Surrogates Defend Venezuela’s TDA Crime Syndicate After Horrific Murder of 12-Year-Old: ‘Rock Bottom’

In a political scandal that has rocked Kamala Harris campaign, surrogates of the Vice President have come under fire for defending the notorious Tren de Aragua (TDA) crime syndicate, a Venezuelan gang allegedly responsible...

Science

SpaceX Gears Up for Starship Flight 5 Launch, With Key Preparations Underway in Texas

SpaceX is finalizing preparations for Starship Flight 5, scheduled for October 13. Teams were seen installing the flight termination system, a key pre-launch step, indicating imminent launch activity. Local authorities in...

SpaceX Prepares for Starship Flight 5, Tower Catch Planned After Successful Tank Tests

After successful tank tests, SpaceX is gearing up for Starship Flight 5 in Texas. The company confirmed plans for the first-ever Super Heavy booster tower catch, pending regulatory approval. The flight marks a key...

SpaceX Activates Starlink Texting for T-Mobile in Florida as Hurricane Milton Approaches

SpaceX has activated Starlink texting for T-Mobile customers in Florida ahead of Hurricane Milton. This service allows users to send messages, including emergency texts to 911, using Starlinks satellite network, ensuring...

SpaceX Prepares to Launch NASA’s Europa Clipper Mission to Jupiter’s Moon Next Week

SpaceX is gearing up for the much-anticipated launch of NASAs Europa Clipper mission to Jupiters moon, Europa, next week. After overcoming recent Falcon 9 setbacks, SpaceX has encapsulated the satellite within the Falcon...

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

Technology

BYD Unveils Denza N9, a 1,000 HP Luxury SUV That Could Rival Porsche

BYDs Denza N9 luxury SUV, built on the new e-Platform 3.0, is gearing up for a launch later this year. With a 1,000 horsepower powertrain, the N9 is expected to challenge top-tier electric SUVs in the luxury...

Tesla's Robovan Glides Like a Hovercraft—Elon Musk Unveils the Game-Changing Suspension System

Tesla wowed the crowd at the We, Robot event with its Robovan, a futuristic vehicle that appears to float with its automated load-leveling suspension system. Elon Musk revealed how the system adjusts to road conditions,...

Former Binance CEO CZ Warns of Emerging AI Risk, Calls for Crypto Community Caution

Changpeng Zhao, the former head of Binance, has issued a fresh warning about the growing use of AI in potential threats to the cryptocurrency community. Ripple CEO Brad Garlinghouse has also cautioned users to stay...

Kamala Harris Receives $1M in Ripple’s XRP—Crypto Execs Hope to Shift Her Digital Asset Stance

Kamala Harriss 2024 campaign received a $1 million donation in XRP from Ripple co-founder Chris Larsen, Federal Election Commission records reveal. This is the first known cryptocurrency donation to her campaign,...

Shiba Inu Surges Back as Lucie Drops Major Warning: FUD Must Stop or SHIB Will Suffer

Shiba Inu is on the rebound after a sharp 13% decline, and marketing lead Lucie has issued a strong warning to the SHIB army. She calls for an end to FUD and urges holders to focus on the growing market demand driving...