Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.

Cyber risk, political interference, and macro-economic volatility rank among the top sources of anxiety for Australian insurers, according to a joint PwC and Centre for Financial Innovation (CSFI) report released today.

The eyesight of more than 32,000 Aboriginal and Torres Strait Islander people would be saved if the Government invested just $227 million over 10 years, a new report has found.

PwC’s asset management leader, Ken Woo, said Japan’s commitment to creating a regional market for managed funds represents a ‘tipping point’ in terms of momentum for the initiative.

A new PwC survey has found that 70 per cent of major Australian companies are planning to enter new joint ventures or strategic alliances to drive growth from the Chinese market.

Regulation, compliance, and price pressure are slowing access to potentially life-saving new medicines, and undermining industry confidence in the current listing process.

The economic impact of obesity will reach $87.7 billion and affect one-third of Australians by 2025 based on current trends and without further intervention.

As global challenges increase, Australia’s defence budget is growing, while the US and most other allies have been decreasing their defence resources.

PwC partner and financial services leader Julie Coates said the Federal Government's response to the Financial System Inquiry Report was encouraging.

The number of detected cyber security incidents in Australia was the highest worldwide in the last 12 months with an increase of 109 percent, compared to a 38.5 percent increase globally.

With record low margins and stubborn expense to income ratios, the major banks must quickly seize the opportunity of the technology revolution or fail to keep pace with expectations.

Australian CEOs are less confident about domestic growth than their regional peers, and less certain of their ability to capture a return in Asia Pacific markets.

If the company tax rate was reduced from 30 to 25 per cent over the next five years gross domestic product (GDP) would grow $291 billion and income tax revenues would generate $4 billion up to the year 2025, PwC modelling released today shows.

Thirty-five of the ASX 200 companies saw a turnover in Chief Executive Officer (CEO) in 2014, almost 35 percent more than the global average, including 8 unplanned succession events which cost $8 billion in foregone shareholder value

PwC has joined forces with leading not-for-profit food safety agency SSAFE to develop a new industry tool to help fight food fraud and protect consumers.

Australian CEOs are less confident about their companies' growth prospects than a year ago, and less optimistic about growth in the global economy, according to a PwC report released today.

2016 could be the high-water mark for Australian power and renewables deals following a strong year for transactions in 2015, according to PwC's energy, utilities and mining leader Mark Coughlin.

PwC has been appointed as a Skills Service Organisation by the Federal Department of Education and Training to work with Industry Reference Committees to develop modern and relevant training packages.

A standalone plebiscite with a compulsory vote on marriage equality could cost the Australian economy $525 million according to modelling released by PwC Australia today.

The overwhelming majority of global banks and traditional financial services firms believe part of their business is at risk of being lost to standalone Fintech challengers, according to a PwC report released today.

Australian oil and gas companies will need to think bigger and embrace customers in Asia, rapidly evolve their business models, and become much more responsive to emerging trends, if they are to thrive in a challenging new global marketplace.

PwC and NAB have teamed up to help self-employed and microbusiness customers operating in an emerging more flexible economy to manage their GST requirements.

Australias four major banks delivered combined cash earnings of $14.9 billion for the first half to March 2016.

PwC has today been announced as the first employer partner for a new Pathways in Technology (P-TECH) style pilot at McCarthy Catholic College, Emu Plains.

PwC Australia has acquired a 15 per cent stake in TOP Education, a Sydney-based private higher education provider, in move that will strengthen the firm's focus on Australia's third largest export - international education.

A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today.

Cloudflare today announced a new partnership with JD Cloud & AI that will see the company expand its network in Chinato an additional 150 data centers. Currently, Cloudflare is available in 17 data centers in mainland China, thanks to a long-standing partnership with Baidu, but this new deal is obviously significantly larger. CloudFlare’s original partnership […]

About a year ago, Microsoft launched Visual Studio Online, its online code editor based on the popular Visual Studio Code project. It’s basically a full code editor and hosted environment that lives in your browser. Today, the company announced that it is changing the name of this service to Visual Studio Codespaces. It’s also dropping […]

At its Think Digital conference, IBM and Red Hat today announced a number of new services that all center around 5G edge and AI. The fact that the company is focusing on these two areas doesn’t come as a surprise, given that both edge and AI are two of the fastest-growing businesses in enterprise computing. […]

Mozilla today launched version 76 of its Firefox browser, and with that, it’s launching a couple of new features that you’ll likely notice if you’re already using the open-source browser. The highlight of today’s release is the enhanced password manager. Firefox Lockwise, as it is called these days, will now ask you for your device […]

Under different circumstances, GitHub would be hosting its Satellite conference in Paris this week. Like so many other events, GitHub decided to switch Satellite to a virtual event, but that isn’t stopping the Microsoft-owned company from announcing quite a bit of news this week. The highlight of GitHub’s announcement is surely the launch of GitHub […]

Google today announced that it is extending the preview period of Android 11 by about a month. So instead of launching a beta this month, as it had previously planned, it’ll release a fourth developer preview today instead. The first beta will officially launch on June 3, during an Android -centric online event it’ll hold […]

Locatee, a Swiss startup that uses existing sensors and IT infrastructures to provide employers and commercial real estate owners with detailed data about how their spaces are utilized, today announced that it has raised a $4 million Series A funding round led by San Francisco-based FYRFLY Venture Partners and Zurich-based Tomahawk VC. “We started the […]

Google today launched an update to its Duo video chat app (which you definitely shouldn’t confuse with Hangouts or Google Meet, Google’s other video, audio and text chat apps). There are plenty of jokes to be made about Google’s plethora of chat options, but Duo is trying to be a bit different from Hangouts and […]

On Monday, April 20, 2020, New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) crude oil front-month futures prices fell below zero dollars per barrel (b)—at one point, trading at -$40.32/b (Figure 1)—and remained below zero for part of the following trading day. Monday marked the first time the price for the WTI futures contract fell below zero since trading began in 1983. Negative prices in commodity markets are very rare, but when they occur they typically indicate high transactions costs and significant infrastructure constraints. In this case, the WTI front-month futures contract was for May 2020 delivery, and the contract was set to expire on April 21, 2020. Unless they have made other arrangements ahead of time, market participants that hold WTI futures contracts to expiration must take physical delivery of WTI crude oil in Cushing, Oklahoma. Typically, most market participants close any futures contracts ahead of expiration through cash settlement in order to avoid taking physical delivery, and only about 1% of contracts are physically settled. The extreme market events of April 20 and April 21 were driven by several factors, including the inability of contract holders to find other market participants to sell the futures contracts. In addition, in this case, the scarcity of available crude oil storage meant several market participants sold their futures contracts at negative prices, in effect paying a counterparty to close out of the contracts. ...

Transportation fuel demand in the United States has decreased since mid-March 2020, as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19). With low demand and a decrease in profitability, as measured by crack spreads, U.S. refineries have reduced gross inputs (runs), which dropped to 12.8 million barrels per day (b/d) for the week ending April 17, 3.8 million b/d lower than the previous five-year (2015–19) average and the lowest level since 2008 (Figure 1). Gross inputs increased slightly to 13.2 million b/d the week of April 24. ...

On April 27, 2020, the U.S. average regular retail gasoline price was $1.77 per gallon (gal), the lowest price since February 2016. On May 4, the U.S. average gasoline price increased slightly to $1.79/gal. The United States declared a national emergency on March 13 in response to concerns regarding spread of the 2019 novel coronavirus disease (COVID-19). From March 16 to May 4, the U.S. average regular retail gasoline price fell by $0.46/gal. The lower gasoline prices reflect low crude oil prices, low gasoline demand, and rising gasoline inventories. ...

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]

Facebook is expanding its Community Help hub to better serve local communities amid the COVID-19 pandemic. The hub has already seen significant usage by those requesting food, supplies and information about local resources, as well as use by volunteers and groups willing to lend a hand. Now, Facebook is adding more features to the hub […]

While Jackbox clearly owes a great deal of its current popularity to the shelter-in-place policies, they've also been honing their craft for years. It's worth looking at what makes them work.

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]

Peanut, an app that began as a tool for finding new mom friends, has evolved into a social network now used by 1.6 million women to discuss a range of topics, from pregnancy and parenthood to marriage and menopause, and everything in between. On the heels of significant growth in online networking fueled by the […]

Twitter announced today it’s introducing a new layout for replies that will use lines and indentations to make it easier to understand who you’re replying to and how the conversation is flowing. The company will also test putting engagement actions — including likes, Retweet and reply icons — behind an extra tap to make replies […]

Pinterest is introducing new features that make it easier for those planning recipes, virtual events and other quarantine activities. These include the ability to add a date or notes to a board as well as automated ways to better organize your pins on a given board, with the aid of machine learning technology. The company […]

In spite of their protected status under international laws, pangolins remain one of the most trafficked animals in the world — and at least some of that trade is taking place right out in the open on Facebook . A new report from tech watchdog group the Tech Transparency Project details how Facebook users are […]

A video about the coronavirus featuring a well-known vaccine conspiracist is spreading like wildfire on social media this week, even as platforms talk tough about misinformation in the midst of the pandemic. In the professionally-produced video, a solemn interviewer named Mikki Willis interviews Judy Mikovits, a figure best known for her anti-vaccine activism in recent […]

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]