Business News

DeepSeek shatters beliefs about the cost of AI, leaving US tech giants reeling

Written by Michael J. Davern, Professor of Accounting & Business Information Systems, The University of Melbourne

Almost A$1 trillion (US$600 billion) was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese start up, DeepSeek, threatened to upend the US tech market.

While Nvidia suffered the biggest one-day loss in sharemarket history, other tech giants – Microsoft, Alphabet and Amazon,...

Employment data shows the early signs of AI job disruption are already here
Adolfo Felix/ UnsplashThere has been no shortage of bold claims recently about artificial intelligence (AI) and jobs — …
The Middle East crisis has exposed NZ to a global fertiliser shock. Where is its plan?
New Zealand and Australia like to think of themselves as food powerhouses.But right now, a war in the Middle East and China&r…
The court ruling in Gina Rinehart’s mining dispute reveals a lot about the nation’s inherited wealth
Matt King/GettyIn a decision described by the judge as “a half-win” for each side, mining magnate Gina Rinehart h…
No‑one has been prosecuted for wage theft since it became a crime. 2 inquiries want answers
Another day, another Senate inquiry – this time into Australia’s federal laws dealing with “wage theft&rdqu…
Bitesoft rebrands as Aalto as they prepare for bold international expansion
The brave Australian entrepreneurs brings their smile solution to the US Queensland based dental entrepreneurs, Alexis an…
When AI starts shopping for you, fashion may be entering a new era of pricing
Anthony Shkraba/PexelsFashion has always been a bit different to other industries. Consumers do not just buy because they nee…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Perth's Southern Suburbs Are Running Their Own Race
New data shows Cockburn up 18.7%, Melville through $1.47 million, and Perth listings still near historic lows. This is not the national story. The national conversation about property right now is…

Tech Innovations to Look Out For: 2021 Edition
In a world of big data analytics and artificial intelligence where virtual and augmented realities have gone from science fiction to everyday occurrences, it's hard not to get excited about…
Budget 2019 at a glance
The budget bottom line will surge to a surplus next financial year on the back of higher than expected revenues from commodities, strong corporate profits and low unemployment.The estimated surplus…
The Top 5 Most Common Pests in Commercial Buildings
When you walk into a commercial establishment, the last thing you want to encounter is a pest infestation. Whether it’s an office building, a retail store, or a hotel, the…

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...

DeepSeek shatters beliefs about the cost of AI, leaving US tech giants reeling

Employment data shows the early signs of AI job disruption are already here

The Middle East crisis has exposed NZ to a global fertiliser shock. Where is its plan?

The court ruling in Gina Rinehart’s mining dispute reveals a lot about the nation’s inherited wealth

No‑one has been prosecuted for wage theft since it became a crime. 2 inquiries want answers

Bitesoft rebrands as Aalto as they prepare for bold international expansion

When AI starts shopping for you, fashion may be entering a new era of pricing

Traditions of Rural Bali at Villa Sabana

Perth's Southern Suburbs Are Running Their Own Race

Tech Innovations to Look Out For: 2021 Edition

Budget 2019 at a glance

The Top 5 Most Common Pests in Commercial Buildings

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

Why the SME is now the primary engine of global cybercrime

Work-life Balance Key to Solving Construction Talent Shortage

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers