News: Money

Google and Facebook duped in huge 'scam'

Saturday  07:35,   29 april 2017
BBC News

The two tech firms have confirmed they were tricked out of $100m (£77m) in an alleged scam.In March, it was reported that a Lithuanian man had been charged over an email phishing attack against "two US-based internet companies" who were not named at [...]

Alexa learns to talk like a human with whispers, pauses & emotion

Saturday  07:35,   29 april 2017

Amazon's Alexa is going to sound more human. These new tools were provided to Alexa app developers in the form of a standardized markup language called Speech Synthesis Markup Language, or SSML, which will let them code Alexa's speech[...]

Hemp food products approved for human consumption in Australia and New Zealand

Saturday  03:37,   29 april 2017

<p>Previous attempts to allow hemp as a food source were rejected after concerns that people who consumed hemp could then deliver a positive roadside drug test.</p>An ongoing campaign to change food regulations culminated in a meeting of[...]

Google made 'literally thousands and thousands of calls' over YouTube's ad problems

Saturday  03:37,   29 april 2017
Business Insider Australia

<p>According to CEO Sundar Pichai, senior sales executives made "literally thousands" of calls to explain why advertisers' content was appearing next to hate speech videos on YouTube.</p>According to CEO Sundar Pichai, senior[...]

Uber's CEO is caught in a bizarre minor scandal about whether he was the world's second best Wii Tennis player

Saturday  03:36,   29 april 2017
Business Insider Australia

<p>Now there's a new, bizarre minor scandal plaguing the embattled executive: Questions have been raised over claims that he was once ranked number two in the world at "Wii Tennis," part of a game for the Nintendo Wii games[...]

The RBA governor just warned China to tread a careful path on capital controls

Saturday  03:36,   29 april 2017
Business Insider Australia

<p>The RBA boss said the internationalisation of the Chinese currency will be one of 'biggest forces shaping the global financial system.'</p>China must tread carefully when it comes to controlling the outflow of capital as it has the[...]

The Brexit slowdown is officially here -- UK GDP grows less than expected in Q1

Friday  19:41,   28 april 2017
Business Insider Australia

<p>Prior to the release economists had forecast 0.4% growth, representing a slowdown from the 0.7% figure seen in the final quarter of 2016, a number that beat all expectations. Yearly growth was forecast at 2.2%.</p>GDP grew by just 0.3% in[...]

Thai baby's murder on Facebook: The missing hours before video was removed

Friday  19:02,   28 april 2017

<p>For the family of little Natalie Triratana, removing the videos was the last thing on their minds when they first popped up on Wuttisan's Facebook feed at around 4.50 p.m. on Monday.</p>The gruesome incident this week highlights how[...]

Google's search for non-ad revenue puts spotlight on cloud, Pixel

Friday  18:45,   28 april 2017

To be sure, Google's cloud venture is still much smaller than market leader Inc's Amazon Web Services and Microsoft Corp's Azure.Not any[...]

We just got another sign that Australia's housing market is cooling

Friday  16:51,   28 april 2017
Business Insider Australia

The runaway Australian housing boom showed another sign of slowing with loans to investors climbing at the slowest pace in six months. Home loans to landlords rose 0.6% in March from February, the weakest rate since September, according to data from [...]

Jetstar angered by 'worst airline' survey

Friday  15:38,   28 april 2017

A survey released on Friday by consumer advocacy group Choice found passengers rated Jetstar lowest or equal lowest in six of nine categories.An airline and airport survey released on Friday by consumer advocacy group Choice found passengers rated[...]

CSIRO, Energy Networks Australia lay out roadmap for emissions-free future

Friday  14:42,   28 april 2017

<p>Energy Networks Australia's chief executive John Bradley said it would send the signals needed to drive a smooth shift to a reliable, low-cost and low-carbon energy.</p>Energy Networks Australia and the CSIRO have spent two years[...]

PlayStation 4 has its best year ever, but Sony predicts slowing sales

Friday  14:34,   28 april 2017
The Verge

Sony shipped 20 million PlayStation 4 consoles in its fiscal year ended March 31st, 2017, the company just announced as part of its earnings report. &nbsp;The games division was by far the best performer out of Sony’s traditional units[...]

Facebook's Messenger Lite expands to 132 more countries

Friday  12:22,   28 april 2017

From the text-only Facebook Zero way back in 2010, to more recent Project Aquila, Mark Zuckerberg and company have made it clear that reaching the developing world is a huge priority for the company.&nbsp;Facebook's head of Messenger David[...]

Housing affordability in Australia only going to get worse, Moody's says

Friday  10:21,   28 april 2017

Housing affordability in Australia is set to deteriorate further this year, says leading international ratings agency.&nbsp;Moody's Investors Service said factors helping first home owners into the market — like lower interest rates — were being [...]