Australia news live: Optus fined $1.5m for ‘alarming’ safety breach; David McBride sentencing postponed | Australia news

Australia news live: Optus fined .5m for ‘alarming’ safety breach; David McBride sentencing postponed | Australia news

Optus fined $1.5m for ‘alarming’ safety breach Optus has been slapped with a $1.5m fine by the communications watchdog after the telco was found to have breached public safety rules. The Australian Communications and Media Authority found Optus did not upload the details of 200,000 mobile customers to a database used by emergency services between … Read more

China may have to resort to a tried-and-tested tactic to power its ‘new leap forward’

China may have to resort to a tried-and-tested tactic to power its ‘new leap forward’

A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images China wants to unleash a “new leap forward” with “new productive forces” — but President Xi Jinping may need to resort to an old tactic to hit the country’s ambitious growth target this year, one economist warns. Beijing set … Read more

Elon Musk reportedly met with Donald Trump in Florida

Elon Musk reportedly met with Donald Trump in Florida

Tesla CEO Elon Musk met with former President Donald Trump on Sunday in Palm Beach, Florida, along with unnamed wealthy Republican donors, the New York Times reported, citing three people briefed on the meeting. Trump is courting donors as he gears up for a general election campaign against President Joe Biden. It’s not yet clear … Read more

Generative AI holds massive potential but businesses aren’t ready yet

Generative AI holds massive potential but businesses aren’t ready yet

Ole_cnx | Istock | Getty Images Generative AI adoption rate for businesses is yet to match the hype around the technology, with data privacy, regulation, and IT infrastructure acting as major barriers to its widespread use, according to a recent survey. The global survey of more than 300 business leaders by MIT Technology Review Insights … Read more

Man arrested after body found on street in Mount Pritchard, in Sydney’s southwest

Man arrested after body found on street in Mount Pritchard, in Sydney’s southwest

A man has been arrested just metres from where another man’s body was found on a road in a suspected hit-and-run in Sydney’s southwest. The victim, aged in his 30s, was found with serious injuries at the intersection of Pritchard St and Hemphill Ave, Mount Pritchard about 3am on Wednesday. WATCH THE VIDEO ABOVE: Man … Read more

U.S. services pace slows slightly

U.S. services pace slows slightly

Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

French President Emmanuel Macron Urges Ukraine’s Allies Not To Be “Cowards” To Fight Against Russia

French President Emmanuel Macron Urges Ukraine’s Allies Not To Be “Cowards” To Fight Against Russia

Paris has so far tended to funnel defence spending into its domestic industry. Paris: French President Emmanuel Macron on Tuesday urged Ukraine’s allies not to be “cowards” in supporting the country to fight off the Russian invasion. He added that he “fully stood behind” controversial remarks made last week not ruling out the deployment of … Read more