Latest AI updates

Your source for concise summaries of the latest AI-related updates.

Author

Maziar Foroudian
January 19, 2024

Latest Stories

This week on Let’s Talk, our experts share tips on how small businesses can find and build AI talent.

Welcome to AI Weekly, your source for concise summaries of the latest AI-related updates.

Digital 100 Report unveils changing Australian consumer trends in Fashion, Consumer Electronics, Home & Garden, Personal Finance, and Tourism.

Allowing customers to pay only for what they’ve accessed or consumed can open up a world of possibilities for your business, provided you get it right.

Business owners should consider implementing a three-point plan to ensure the payment options they offer.

Australians spent nearly AUD$200 more through the latest peak sales season in 2023 compared with 2022.

Quiksilver releases first product to feature plastic alternative made from seaweed.

Employment Hero partners with Sage Intacct, offering Australian SMEs a straightforward solution to navigate evolving employment, tax, and payroll regulations.

Microsoft is opening up its AI assistant, Copilot, to customers and making the corporate version available to small businesses.

Top stories

Financial advisers who fail to register with the Australian Securities and Investments Commission (ASIC) by the deadline will be prohibited from providing personal advice. The registration requirement aims to professionalize the sector, akin to regulations in law and medicine.

Over 250 millionaires and billionaires, including Disney heir Abigail Disney and Hollywood celebrity Brian Cox, have written a letter urging global leaders to tax the super-rich and address the "dramatic rise of economic inequality." Will their plea be heard?

Australia

Canva, the graphic design platform valued at $39 billion, plans to refurbish a Sydney office building to accommodate its growing staff and champion hybrid work.

Atlassian, the leading teamwork software company, argues that remote work is here to stay and makes employees more productive. They have released a report on their successful experience as a distributed workforce.

In the world of consumer spending, cash is no longer king. This article explores the importance of credit card processing for businesses and provides a guide on how to choose the best credit card processor.

Australian Economy

In December, Australia experienced its biggest job loss since 1993, with over 65,000 jobs disappearing. While the unemployment rate remained steady, concerns arise about the state of the job market.x

Business insolvencies in Australia are on the rise, with over 5,000 companies collapsing so far in the 2023-2024 financial year. However, there is a silver lining in the growing use of the small business restructuring scheme, which is providing hope for struggling businesses.

India

A challenging funding environment in 2023 caused nine Indian unicorns to lose almost half their value, including edtech giant Byju's with an 86% markdown. However, 23 unicorns managed to achieve profitability. Read more.

India's increasing reliance on renewable energy sources is expected to reduce its dependence on coal, but the socio-economic impact on coal-rich states remains a crucial consideration.

World

Leading economist warns of potential rise in inflation as attacks on ships in the Red Sea disrupt vital trade route, pushing up prices and impacting economic growth.

Markets sold off after Christine Lagarde, President of the European Central Bank, warned against rate cuts and UK inflation exceeded expectations. Central banks may be "a bit late" in implementing rate cuts.

Tech

Google is toughening its data privacy policies in Europe to comply with the Digital Markets Act, which may impact the delivery of personalized ads. Additional consent banners and a new Data Portability API will be rolled out soon.

In the ongoing Epic v. Apple court case, the US Supreme Court declined to hear further arguments, leaving the case in favor of Apple. Apple has updated its App Store rules to allow external payment options, but with conditions that developers must meet. Epic CEO Tim Sweeney plans to contest the new rules.

Apple's upcoming release of iOS 17.3 is set to bring exciting updates, including Stolen Device Protection, collaborative Apple Music playlists, and a beautiful Unity Bloom wallpaper. Find out more about these new features and when iOS 17.3 will be available.

Apple is expected to stop selling smartwatches with blood oxygen detection due to a patent case loss. The company plans to remove the technology from affected devices while continuing to offer other features.

Samsung Galaxy Unpacked 2024 introduced "Galaxy AI," Samsung's new suite of generative AI features. From automatic edits to instant slow-mo, discover the exciting camera tricks you can do with Galaxy AI.

Curated for you

Discover how retail executives are embracing artificial intelligence (AI) in various aspects of their business, from marketing to financial forecasting, and the potential challenges and benefits it presents. Find out if AI will pay off for retailers in 2024.

Discover the benefits of a cloud-based business phone system, including lower cost, greater flexibility, better customer outcomes, and clear communication. Compare top vendors like RingCentral, Ooma, and more.

Discover the benefits and features of payroll software, how it can simplify the payment process, ensure compliance, and streamline employee benefits administration. Plus, find out the top payroll software vendors to consider.

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