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$1.1 trillion wipeout: Wall Street just got hit with a reality check

$1.1 trillion wipeout: Wall Street just got hit with a reality check

Wall Street has been riding an AI wave, but it just recorded its worst day since 2022 after investors were spooked by results from two of the world’s biggest companies.

  • by Stephen Bartholomeusz

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‘Wilful blindness’: Big fines for tech giants that ignore abuse material

‘Wilful blindness’: Big fines for tech giants that ignore abuse material

Companies such as Apple, Microsoft, Google and Meta face fines of almost $800,000 a day if they don’t come clean on their progress in combating child exploitation and sex abuse material on their platforms.

  • by Angus Thompson
Perth family’s trauma shows how social media has polluted our society

Perth family’s trauma shows how social media has polluted our society

Financial crime, sexual exploitation, mental abuse, narcissism, intimidation and misinformation is flooding these platforms, and we need to make it stop now.

  • by Gary Adshead
‘Antisemitic stereotypes’: Meta to remove more posts attacking ‘Zionists’

‘Antisemitic stereotypes’: Meta to remove more posts attacking ‘Zionists’

Facebook and Instagram’s parent company has dramatically expanded its hate speech policy.

  • by Kurt Wagner
‘Sobering reality’: What the future for Australia’s media giants looks like

‘Sobering reality’: What the future for Australia’s media giants looks like

With mass job cuts across Australia’s largest media companies, is there a way out of the advertising downturn, or is it time to face up to a new normal?

  • by Calum Jaspan
Billionaire Andrew Forrest’s court win threatens to expose Facebook’s trillion-dollar secrets
Analysis
Social media

Billionaire Andrew Forrest’s court win threatens to expose Facebook’s trillion-dollar secrets

How does Facebook interact with fraudsters who book scam ads on its platform? Billionaire Andrew Forrest is about to find out.

  • by Colin Kruger
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PM slams ‘arrogant’ social media giants over child safety

PM slams ‘arrogant’ social media giants over child safety

Meta representatives told a parliamentary hearing on Friday that social media provides “tremendous benefits” to children.

  • by Mike Foley
‘Like dealing with Big Tobacco in the 70s’: Meta denies teen problems

‘Like dealing with Big Tobacco in the 70s’: Meta denies teen problems

At a parliamentary hearing, Meta executives confirmed the company was considering removing news links from its platforms if the government forced it to pay for Australian journalism.

  • by Paul Sakkal
A teen social media ban will drive them to secrecy – that’s exactly what predators want

A teen social media ban will drive them to secrecy – that’s exactly what predators want

Teenagers by nature strive to find a way to engage in whatever their parents try to ban. They’re not pet dogs. They will get over fences.

  • by Sonia Orchard
The Tuck gives our senator in Canberra goosebumps

The Tuck gives our senator in Canberra goosebumps

Senator Ralph Babet was thrilled to be centre stage in the presence of US pundit Tucker Carlson.

  • by Stephen Brook and Kishor Napier-Raman
Jobs on the line as media chiefs unite in stinging rebuke of Meta

Jobs on the line as media chiefs unite in stinging rebuke of Meta

The bosses of Nine, News Corp and Seven West Media have called for a potential ban on Facebook if parent company Meta fails to comply with local laws and values.

  • by Calum Jaspan