Corporate news, markets, and the economy
PwC's US chief has made clear there is no room for staff questioning the company's AI strategy, yet the firm's own research shows limited business returns from AI investments.
Priya Narayanan 
Red Storm Entertainment, which founded the Rainbow Six and Ghost Recon franchises, will stop making games entirely. Ubisoft is laying off 105 developers and converting the studio to engine and IT support as part of sweeping cost cuts.
Jake Nguyen 
Google says it will let UK publishers opt out of AI Overviews, but without timelines or technical details, observers remain sceptical the concession will solve the traffic crisis harming digital media.
Sophia Vargas 
Founders who establish conflict resolution frameworks when their team is small can avoid the costly disputes that tank 65% of high-growth startups, new business research shows.
Mitchell Tan 
Tubi and TikTok are partnering to turn TikTok personalities into television stars. The question is whether audiences addicted to 60-second videos will actually watch episode-length content from creators who built their fame in the opposite format.
Nina Papadopoulos 
From 2026, Australian exporters face multiple new EU regulations on carbon pricing, digital platforms, and supply chain transparency. The rules demand significant investment in compliance infrastructure.
Oliver Pemberton 
Britain's Competition and Markets Authority is probing Adobe's early termination fees to determine if they violate consumer protection law, following a $150 million US settlement.
Samantha Blake 
Uber will invest up to $1.25 billion in Rivian, with plans to deploy thousands of fully autonomous R2 robotaxis across 25 cities starting in 2028. The deal tests Rivian's nascent self-driving technology against competitors like Waymo.
Sophia Vargas 
SAP's push to move customers to cloud-based S/4HANA has stalled dramatically, falling €2 billion short of targets as businesses balk at the cost and complexity of migration.
Jake Nguyen 
A Swedish entertainment company known for digital avatars and immersive shows has acquired the majority of Tina Turner's catalogue and name, image, and likeness rights. What they plan to do next could reshape how we experience music legends.
Ella Sullivan 
Escalating violence in the Middle East is disrupting global oil supplies and forcing up fuel costs in Australia, with farmers warning that food prices could rise by 40 to 50 per cent if shortages persist through planting and harvest seasons.
Mitchell Tan 
Kyle Sandilands has rejected ARN's termination of his $100 million contract and vowed a legal battle, as the network haemorrhages listeners across Sydney in wake of the shock jock's clash with co-host Jackie O.
Riley Fitzgerald 
Australia's petrol remains cheaper than most OECD nations but Middle East conflict has triggered 50-cent price spikes, regional shortages, and government emergency measures. The crisis exposes structural vulnerabilities.
Yuki Tamura 
Micron Technology tripled its quarterly revenue to $23.86 billion, driven by AI demand and chronic memory shortages. The company projects autonomous vehicles and humanoid robots will each require 300GB of memory, signalling a major new market beyond data centres.
Tom Whitfield 
A Perth motorist expected to pay $2.39 per litre based on FuelWatch data but faced $2.69 instead. The incident highlights tensions in fuel markets as crisis measures strain Australia's fuel systems.
James Callahan 
Dateline Resources has acquired a second drill rig for its Colosseum project in California as the Australian miner accelerates exploration for gold and rare earth minerals.
Oliver Pemberton 
Qantas is tightening lounge access for Jetstar travellers and restricting the secondhand trading of complimentary passes, citing customer feedback and the need to preserve premium lounge experiences.
James Callahan 
Anthropic's Claude is rapidly gaining ground in the enterprise AI market, helped by public backlash over the company's refusal to relax safety guardrails for military use.
Sophia Vargas 
Melbourne Airport has been voted the best in Australia and the Pacific by global travellers, according to the Skytrax World Airport Awards announced this week.
Yuki Tamura The RBA raised rates to 4.10% in a narrow 5-4 vote, marking the most contentious board decision since mid-2025. The split signals institutional uncertainty about whether higher rates will tame inflation or trigger recession.
Aisha Khoury