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The federal government has handed out the first round of its AU$8 million Women in STEM kitty in a bid to encourage more female involvement in science, technology, engineering, and mathematics (STEM)-based careers. The AU$3.9 million in funding will be spread across 24 organisations to roll out projects aimed at building interest in STEM for primary school age students, supporting post-graduates and women already pursuing STEM careers, […]

Facebook, Google, Microsoft and Twitter on Monday announced they had joined forces in an attempt to curb explicit terrorist imagery online. The move follows criticism from Brussels that big US social media groups have made insufficient effort to clamp down on hate speech. In a statement, the technology groups said they were building new technology that would identify extremist content, including terrorist recruitment videos and images of […]

U.S. President-elect Donald Trump said on Monday he would name retired neurosurgeon Ben Carson as secretary of the Department of Housing and Urban Development. The following is a list of Republican Trump’s selections for top jobs in his administration. All the posts but that of national security adviser require Senate confirmation: DEFENCE SECRETARY: JAMES MATTIS Mattis is a retired Marine Corps general known for his tough talk, […]

The great American corporate buyback party was expected to fizzle out next year, leaving a hangover of debt and remorse. Instead, the boom may soon find renewed succour if US companies bring their pile of foreign-based cash back home. A tax holiday for US companies looms under president-elect Donald Trump, with some seeing this wave of cash as the catalyst of an investment boom and faster US […]

Today digital transformation is a widely known concept. The growing connectivity of people, machines and even businesses has changed the demands of the markets. In order to keep up and stay competitive, business have to adjust to these demands by digitizing their processes and business models. But the digital transformation also holds a lot of new opportunities to grow or even establish new branches of business. Therefore […]

Yet now, on the eve of his second season as the coach at the Patrick School, Rice may be well positioned to continue his career rehabilitation in a major way: with a job on a much bigger stage. His Patrick School team, which opens the season Dec. 16 at the City of Palms tournament in Florida, is loaded with talent and will appear in several nationally televised […]

Wall Street rose on Monday, with the Dow Jones industrials setting fresh record highs, as services sector data gave further evidence of strength in the domestic economy. U.S. services sector activity hit a one-year high in November, with a surge in production boosting hiring, following on the heels of Friday’s employment report that showed strong job gains last month. U.S. stocks have climbed since the Nov. 8 […]

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Italy’s president has asked Matteo Renzi to stay on as Italy’s prime minister until the country’s budget law is passed in parliament, extending his stay at the helm of the Italian government for possibly a week. At a meeting in the presidential palace in Rome, Mr Renzi expressed his intention to resign after suffering a bruising defeat in a constitutional reform referendum held on Sunday. But Sergio […]

Shipments of wearable devices continued to rise in the third quarter of 2016, according to the latest data from IDC. But while the segment experienced growth overall, there’s mounting disparity among the top providers. As has been the case for much of 2016, fitness bands, which are part of IDC’s “basic wearables” category, were the top-selling wearable devices in Q3 and accounted for 85 percent of the […]

December 5, 2016 by: Anjli Raval, Oil and Gas Correspondent Oil rose to its highest level since mid-2015, topping $55 a barrel, as traders bet on supplies tightening after Opec struck a deal last week to cut production for the first time in eight years. The 13-member cartel has now invited producers from outside the cartel to Vienna this week, as it looks to secure their backing […]

Photo Destroyed buildings dominate an eastern Aleppo neighborhood as pro-government troops advanced toward the area on Monday. Credit George Ourfalian/Agence France-Presse — Getty Images BEIRUT, Lebanon — With the Syrian rebel enclave of eastern Aleppo shriveling, Russia said on Monday that it would start talks with the United States this week on a deal for holdout insurgents to leave, and that any who refused would be regarded […]

Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Fake news is not the sole province of slimeball digital practitioners in faraway lands enabled by the righteous souls at Facebook and Google. There’s also — as has ever been so — the government. “Police investigating a notorious gang in […]

The Amazon Go concept store in Seattle. Amazon on Monday unveiled Amazon Go, a new brick-and-mortar concept store that replaces cashiers and checkout lines with computer vision and artificial intelligence. In a video describing the project, Amazon said Amazon Go relies on technology similar to that of a self-driving car: computer vision, deep learning algorithms and sensor fusion. To make the technology more palatable for non-technical folk, […]

OPEC’s oil output set another record high in November ahead of a deal to cut production, a Reuters survey found on Monday, helped by higher Iraqi exports and extra barrels from two nations exempted from cutting supply – Nigeria and Libya. The latest rise in supply means the Organization of the Petroleum Exporting Countries will have a bigger task in complying with a plan to cut supply […]

Facebook CEO Mark Zuckerberg introduces a new messenger platform at the F8 summit in San Francisco, California, on March 25, 2015 Facebook on Monday began letting interactive “bots” inside its Messenger service tap into analytic capabilities once reserved for the social network, ramping up the potential to earn money from e-commerce. The move comes as Facebook is under pressure to profit from services such as Messenger, WhatsApp […]

Monday 14.40 GMT Overview Italy’s stock market and much of the country’s banking sector is back under pressure, as investors refine their response to the No vote in the country’s referendum on constitutional reform that led to the resignation of Prime Minister Matteo Renzi. The yield on the country’s benchmark sovereign debt yield remains higher as investors continue to sell Italian government bonds. Italy’s 10-year government debt […]

In the United States, too, I found resistance to the idea that Brexit was a harbinger of a Trump victory. I was assured over and over by liberal friends that Trump would never be president. American voters were too sensible to fall for his hateful demagogy. Trump, I was told, was a product of peculiarly American strains of populism that flare up periodically, like the anti-immigrant nativism […]

A new battle is breaking out among the titans of cloud computing, as competition in the fast-growing sector shifts to a fresh arena: artificial intelligence. Amazon is the latest tech company to join the fray, boosting its focus on artificial intelligence at a time when Amazon Web Services, its cloud computing division, is locked in competition with Microsoft and Google. AWS, which sells computing and data storage […]

Frank Land and Dame Stephanie Shirley unveil a plaque to mark the site of the world’s first business computer, installed 65 years ago. Photo: LEO Computers Society A plaque has been installed in Hammersmith, west London, where Lyons, the tea-shop company, ran the world’s first electronic business computer 65 years ago. Nothing remains of Cadby Hall, the two-acre site where Lyons had its head office, several bakeries, […]

This is the first of a series on the global rise of exchange traded funds The supposed death of the stock picker has become one of the dominant narratives of post-crisis finance. As trillions of dollars have rushed into low maintenance, index-based products facilitated by exchange traded funds, it has become common place to hear traditional fund managers and analysts complain that this wall of cash is […]

Jayaram Jayalalithaa, the chief minister of the southern state of Tamil Nadu and one of India’s most powerful politicians, was in “very critical” condition Monday, a day after she suffered a cardiac arrest, according to authorities at the hospital where she is being treated. Ms. Jayalalithaa, who has a cult-like following, was on life support systems, Apollo Hospitals said in statement Monday afternoon. Four doctors from New […]

Photo Secretary of State John Kerry with Prime Minister Benjamin Netanyahu of Israel in New York in September. At the Saban Forum in Washington on Sunday, Mr. Kerry called the building of Israeli settlements an obstacle to peace with the Palestinians. Credit Darren Ornitz/Reuters Secretary of State John Kerry on Sunday accused right-wing Israelis of deliberately thwarting efforts to broker a peace deal with the Palestinians. In […]

Shares in Italian banks opened sharply lower Monday morning after voters rejected the country’s constitutional reform referendum, with investors questioning whether some of Italy’s largest financial institutions will now be able to raise capital needed to shore up their finances. Milan’s stock market benchmark, the FTSE Mib, was down 1.4 per cent to 16,857.0 in opening trading, led lower by its banks after Matteo Renzi, Italy’s prime […]

The company responsible for rolling out the National Broadband Network across Australia was directly warned that a draft opinion piece by its chairman, Ziggy Switkowski, could potentially be seen as favouring one side during an election campaign. (Screenshot: Chris Duckett/ZDNet) In a letter submitted in response to Senate Questions on Notice late Friday afternoon, Deputy Secretary of the Department of Communications and the Arts Ian Robinson told […]

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