News: Money

Google’s aggressive approach: 8 million YouTube videos removed

Tuesday  14:57,   24 april 2018
The Age

Google has taken a strident approach to inappropriate content on YouTube, removing eight million videos in the last three months of 2017.Google has taken a strident approach to inappropriate content on YouTube, removing eight million videos in the[...]

Woolworths to unveil its new $215 million automated distribution centre

Tuesday  14:41,   24 april 2018
Business Insider Australia

Woolworths is set to take the wraps off a new $215 million fully automated distribution centre that promises to deliver a step-change in cost savings and productivity when it goes live in the next year. The state-of-the-art distribution centre in[...]

Australian inflationary pressures are slowly starting to build

Tuesday  13:21,   24 april 2018
Business Insider Australia

Australian inflationary pressures look like they're slowly starting to build. According to the ABS, annual growth in underlying inflation rose to 2.0% in early 2018, the fastest increase in over two years.Australian inflationary pressures look[...]

Dirty little secrets: why banks need to be more transparent

Tuesday  13:07,   24 april 2018

'Deals' between banks and ASIC have created the foundations for the wave of revulsion the commission's hearing have generated.Commonwealth Bank's bemusement and sense of being blindsided by Austrac's decision to launch legal action over[...]

YouTube removed 8.3 million videos in 3 months

Tuesday  12:06,   24 april 2018

The video-sharing site has grappled with criticism it's not reacting fast enough to inappropriate content.The majority of those videos were spam or attempts to upload adult content, the video-sharing site made the revelation Monday in its first[...]

Pauline Hanson says Government's company tax cuts wouldn't deliver higher wages

Tuesday  08:05,   24 april 2018
ABC News

The One Nation leader concedes "I've never said that there will be an increase in wages" under the company tax cuts bill, for which her party has pledged conditional support. The Federal Government has argued its plan to cut[...]

Alphabet beats estimates with Nest in Google fold

Tuesday  07:55,   24 april 2018

Monday's earnings story is about a sales and profit boost. The question is how much did Nest smart home devices and an investment in Uber play into the results.But the roles that the Nest smart home device maker, along with an investment in[...]

Google Chat: what is it and when is it out?

Tuesday  07:55,   24 april 2018
The Week

New messaging service will allow Android users to send texts over data networksThe search giant’s latest product, Google Chat, is a new service aimed at allowing Android users to send messages and image files over a data network. It works in a[...]

Facebook details its fight to stop terrorist content

Tuesday  07:55,   24 april 2018

Last June, Facebook described how it uses AI to help find and take down terrorist content on its platform and in November, the company said that its AI tools had allowed it to remove nearly all ISIS- and Al Qaeda-related content before it was[...]

Amazon is reportedly working on its first home robot

Tuesday  07:30,   24 april 2018
The Verge

Amazon is reportedly developing its first ever robot for the home according to Bloomberg. There are no firm details on what Amazon’s robot looks like or what purpose it will serve, but Bloomberg suggests it could be a sort of “mobile[...]

The Australian dollar is getting dumped, falling to the lowest level seen this year

Tuesday  06:57,   24 april 2018
Business Insider Australia

The Australian dollar remains under pressures against the greenback, falling to its lowest level since December 2017. Higher US bond yields continue to support the[...]

Bruce Gordon rejected Ten request to pitch in for cricket rights

Tuesday  06:57,   24 april 2018
Sydney Morning Herald

Bruce Gordon's WIN Corporation knocked back a request to tip in $5 million a year to help pump up Ten Network's offer to Cricket Australia.Bruce Gordon's WIN Corporation knocked back a request to tip in about $5 million a year to help[...]

Fair Work Commission ticks off new Coles pay agreement

Tuesday  06:56,   24 april 2018
Sydney Morning Herald

It is estimated 70 per cent of Coles workers would receive an average of $1500 extra per year under the new wage agreement. Woolworths workers are now starting to negotiate a new agreement. Mr Cullinan said Woolworths workers are being paid even[...]

Forgery and fraud: Now it's NAB's turn

Tuesday  06:31,   24 april 2018
The Age

Forgery, fraud, false witnessing are among some of the breaches within National Australia Bank's planning arms, the royal commission has heard.The bank has been rocked with scandals within its planning arms in recent years including that its[...]

Nice work if you can get it! Google CEO Sundar Pichai will receive a payout worth $380 MILLION this week

Tuesday  05:07,   24 april 2018
Daily Mail

Google Chief Executive Officer is about to receive $380 million. In 2014, Sundar Pichai, 45, received an award of restricted shares in the company as part of a promotion. The 353,939 shares worth around $380 million vest on April 25.This makes[...]