TECHNOLOGY

Tech giant Meta on Wednesday reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth.

The revelations follow earlier reports this week that more than 31,000 customer banking passwords from the Big Four banks -- ANZ, CommBank, NAB, and Westpac -- had also been stolen using similar malware.

The KPMG report, drawing on data from the ATO, Census, ABS, and Jobs and Skills Australia, not only highlighted which jobs were disappearing, but also shed light on the roles gaining momentum in a rapidly evolving workforce.

Social media behemoth Meta unveiled its first standalone AI assistant app on Tuesday, challenging ChatGPT by giving users a direct path to its generative artificial intelligence models.

Cyber intelligence firm Dvuln uncovered the breach, revealing that the credentials include passwords from at least 14,000 Commbank customers, 7,000 ANZ users, 5,000 NAB clients, and 4,000 from Westpac.

Amazon on Monday launched its first batch of Project Kuiper internet satellites, marking the start of its push to rival Elon Musk's Starlink.

Google parent Alphabet on Thursday reported profit of $34.5 billion in the recently ended quarter, powered by its cloud computing and artificial intelligence operations.

YouTube on Wednesday celebrated more than 20 billion videos being uploaded to the platform since the first clip debuted two decades ago.

OpenAI is ready to buy Chrome if Google is forced to sell its popular browser as part of antitrust trial, a top executive testified Tuesday, according to media reports.

The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump.

X rival Bluesky on Monday said it was adding blue checks to accounts that have been verified to confirm users are who they claim to be.

A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad technology market, in a legal blow that could rattle the tech giant's revenue engine.

Meta will train its artificial intelligence (AI) models with its European users' public content and conversations with the Meta AI chatbot, the firm said on Monday.

As Canada heads into an election this month, voters looking for campaign news on Facebook or Instagram will find material filtered through online creators and influencers -- and no links to articles from major media outlets.

South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.

They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only exist in the virtual realm, which the brewer hails as a milestone to unleash the full potential of its staff.

Japanese authorities said Tuesday they had issued a cease-and-desist order to US tech titan Google over an alleged violation of national antitrust laws.

Pop star Katy Perry will be the biggest name in an all-woman group set to touch the edge of space Monday, roaring into the cosmos on one of billionaire Jeff Bezos's rockets.

Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors.

Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple's latest smartphone went on sale following a monthslong ban in Indonesia.

Electricity consumption by data centres will more than double by 2030, driven by artificial intelligence applications that will create new challenges for energy security and CO2 emission goals, the IEA said Thursday.

Japan's famed cherry trees are getting old, but a new AI tool that assesses photos of the delicate pink and white flowers could help preserve them for future generations.

Barring any eleventh-hour intervention, social media juggernaut Meta will stand trial next week facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors.

Around 100 authors on Thursday protested outside the London headquarters of Meta, accusing the US tech giant of "stealing" content to train its Artificial Intelligence models.

Association of Superannuation Funds of Australia did not name the impacted funds but confirmed they were reaching out to affected members to inform them if their data had been compromised.

Nintendo fans excited over the upcoming Switch console said Thursday they were disappointed by the high price tag, as US tariffs bite.

Gaming giant Nintendo is set to unveil the successor to its phenomenally popular Switch console on Wednesday.

Artificial intelligence risks taking Japanese anime artists' jobs but nothing can replicate Hayao Miyazaki, the creative lifeblood of the studio behind classics such as "Spirited Away", his son told AFP. Thanks to ChatGPT's new image generator, the internet is awash with pictures imitating Studio Ghibli's whimsical style, raising fresh debate over potential copyright infringements.

OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup.