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Valve legend takes aim at Epic over $1000 layoff disconnect
Business

Valve legend takes aim at Epic over $1000 layoff disconnect

Former Valve writer Chet Faliszek has called out Epic Games CEO Tim Sweeney for tone-deaf comments following the studio's massive layoffs, questioning why any developer should work hard at a company burning through billions.

The Banker Who Saved Fashion Week
Business

The Banker Who Saved Fashion Week

When IMG pulled out of Australian Fashion Week in November 2024, the industry faced extinction. A finance executive with no fashion credentials became the unlikely saviour.

Australia's UAE Trade Win Meets Its First Reality Check
Opinion Business

Australia's UAE Trade Win Meets Its First Reality Check

Australia's first Middle East free trade agreement eliminates tariffs on $595 million in annual red meat exports to the UAE. But war-risk insurance costs have surged 300%, and shipping through the Strait of Hormuz has nearly halted. The deal is right. The timing is brutal.

The Telstra Paradox: Pricing Power vs Public Trust
Business

The Telstra Paradox: Pricing Power vs Public Trust

Telstra's second price hike in 10 months has ignited a consumer backlash. The telco says network investment demands it. Critics say record profits tell a different story.

Australia's Fuel Crisis Has Become Structural, Not Temporary
Breaking Business

Australia's Fuel Crisis Has Become Structural, Not Temporary

While Australia's government treats the fuel crisis as temporary, Iran's threats to completely close the Strait of Hormuz and Australia's 90% import dependency suggest the crisis is structural and growing.

Disney's AI and gaming bets unravelling as new CEO faces early crises
Business

Disney's AI and gaming bets unravelling as new CEO faces early crises

Fresh into his tenure as Disney CEO, Josh D'Amaro is confronting the fallout from two failed multibillion-dollar partnerships: OpenAI's sudden shutdown of its Sora video tool and Epic Games' mass layoffs amid Fortnite's declining engagement.