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Tesla and power giants revolt against Australia’s ‘EV charger tax’
A battle has erupted over plans to let grid operators mount EV chargers on their power poles – and bill non-EV drivers for the cost.
‘Legitimate concern’: JPMorgan CEO Dimon says Anthropic’s Mythos pushed cyber risk up 10 times
AI has ‘created vulnerabilities that we didn’t know about’, he notes
Trying to tame inflation with higher interest rates is dumb and unfair
Our use of interest rates to control inflation is yet another respect in which our economic system is biased against the young.
Customers sent rogue message as major fashion retailer caught in apparent hack
Popular online clothing retailer ASOS said basic personal information may have been accessed in a cyberattack after customers received a threatening phone alert.
South Korea investigates possible use of AI in hacks on its banks
Personal credit information have been leaked
Wall Street bonuses poised to hit record as annual profits forecast to top US$90 billion
Annual earnings would comfortably surpass last year’s record of US$65.1 billion, according to a report
Australia’s great AI hope just hit a speed bump
Its plan to double Australia’s data centre computing power may have fallen over but ASX-bound Firmus’ backers – from a Canberra air-conditioning family to billionaires – aren’t worried.
AI appears to have been used in bank hacks: South Korea’s Lee
Police are investigating breaches affecting several major lenders; details of alleged artificial intelligence tools used remain undisclosed
The rate cut that never came, and the case for bonds
When – and not if – equities eventually wobble, the diversification benefit will be needed most
The Formula 1 mindset that can help investors go further
Fuel investments with discipline and consistency, and do not overreact to the ‘engine’ noise of the market