Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Here’s the plan to create 1 million tech jobs | ticker VIEWS

Published

on

The Tech Council of Australia is calling on Governments to help deliver one million jobs in the sector by 2025

Leaders in Australia’s technology sector including Google, Afterpay, Atlassian, and Tesla have banded together to create Australia’s Tech Council. The aim of the Council is to push for greater Government support and set Australia’s tech industry firmly on the global stage.

They provide a trusted voice for Australia’s technology industry, with an aim to advise and engage with Australian Governments, businesses, and the community. They’re endeavouring to support the ongoing creation, development, and adoption of technology across industries.

The members of the Tech Council have committed to work with Governments at all levels to ensure that Australia and Australians take advantage of the vast opportunities technology brings.

“We have released a roadmap to grow 1 million jobs in the tech industry by 2025”

Kates Jones, Executive Director, Tech Council of Australia

1 million tech jobs by 2025

The Council has launched its new roadmap to create 1 million jobs in the technology sector, by 2025. The Technology Council is working with Governments at all levels to create 1 million jobs, worth $250bn to the economy.

The technology industry is growing at a rapid pace, causing a demand for skill in the industry. The sector is looking for upskilling opportunities, more females and people who have never worked in the sector before.

The tech industry contributes approximately $167 billion to the national economy and employs about 861,000 people. This makes it equivalent to the economy’s third-largest industry, only just behind banking.

This will benchmark Australia against industries in Canada, the United Kingdom and the United States, which it has the untapped potential to do.

Breakthrough for the sector

This move represents a breakthrough for the sector with extraordinary technology entrepreneurs and heavyweights behind the Tech Council of Australia.

Technology has often been seen as a niche part of corporate Australia, with more traditional industries like banking or mining labelled as the pinnacle of financial success. However, that is not the case anymore.

Australia’s economy has historically relied on commodities, but tech is shifting this narrative. The Australian tech industry has struggled to get support, but with top technology entrepreneur putting their names on the line to back the industry, the Government is now listening.

Heavy hitters in the Australian tech sector have come together to create jobs and turn Australia into a global tech hub.

“The tech sector is going to grow,

what we want to see is Aussie’s working in those jobs and being able to keep those jobs here on Aussie shores.”

Kates Jones, Executive Director, Tech Council of Australia

“This is going to be the fastest growing part of our economy,

it’s a $250 billion industry right now and will continue to grow.”

Kates Jones, Executive Director, Tech Council of Australia

 

Continue Reading

Tech

Tesla is slashing prices to stay competitive

Published

on

By

Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each, days after the first-quarter deliveries of the world’s most valuable automaker missed market expectations.

Elon Musk’s electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website.

The basic version of the Model S now costs $72,990 and its plaid variant $87,990. The Model X base variant now costs $77,990 and its plaid variant is priced at $92,900.
Tesla North America also said in a post on X said it would end its referral program benefits in all markets after April 30.

Referral program allows buyers to get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.

Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, Reuters reported on Saturday.
On Monday Reuters reported, citing an internal memo, that the EV maker was laying off more than 10% of its global workforce.
Earlier this month Reuters reported the EV maker had canceled a long-promised inexpensive car, expected to cost $25,000, that investors had been counting on to drive mass-market growth.
The EV maker reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years, as price cuts failed to stir demand.

Tesla is to report first-quarter earnings on Tuesday.

Continue Reading

Tech

TikTok launches Instagram competitor ‘Notes’

Published

on

TikTok Notes has launched in Australia & Canada as a formidable competitor to Instagram, offering a unique platform for content creation, text and sharing.

“TikTok Notes is a lifestyle platform that offers informative photo-text content about people’s lives, where you can see individuals sharing their travel tips and daily recipes,” reads the official App Store description.

Take note

The app allows users to create content by combining short videos with text-based notes, closely resembling that of Meta’s Instagram.

Whether it’s sharing a quick tutorial, a personal anecdote, or a thought-provoking message, TikTok Notes is positioned to be a formidable social media platform.

Currently, the app is only available for download and “limited testing” in Australia and Canada.

As it gains momentum, the platform is poised to contest Instagram’s established reign in the social media landscape.

Continue Reading

Tech

Ramifications of a TikTok ban to impact Open Internet

Published

on

The United States’ longstanding advocacy for an open internet faces a critical juncture as Congress considers legislation targeting TikTok.

The proposed measures, including a forced sale or outright ban of TikTok, have sparked concerns among digital rights advocates and global observers about the implications for internet freedom and international norms.

For decades, the U.S. has championed the concept of an unregulated internet, advocating for the free flow of digital data across borders.

However, the move against TikTok, a platform with 170 million U.S. users, has raised questions about the consistency of America’s stance on internet governance.

Read more – Big tech to handover misinformation data

Critics fear that actions against TikTok could set a precedent for other countries to justify their own internet censorship measures.

Russian blogger Aleksandr Gorbunov warned that Russia could use the U.S. decision to justify further restrictions on platforms like YouTube.

Similarly, Indian lawyer Mishi Choudhary expressed concerns that a U.S. ban on TikTok would embolden the Indian government to impose additional crackdowns on internet freedoms.

Moreover, the proposed legislation could complicate U.S. efforts to advocate for an internet governed by international organizations rather than individual countries.

China, in particular, has promoted a vision of internet sovereignty, advocating for greater national control over online content.

A TikTok ban could undermine America’s credibility in urging other countries to embrace a more open internet governed by global standards.

 

Continue Reading
Live Watch Ticker News Live

Trending Now