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Apple vs Microsoft – record breaking profits for big tech earners

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Apple’s profits have risen to $21.7 billion as its iPhone sales and digital services continue to rise

Apple says its profit in the last quarter nearly doubled amid improved consumer spending and a “growing sense of optimism” as lockdown restrictions are eased.

The company’s Chief Executive, Tim Cook says there is “renewed hope for a better future” for customers in the US and globally.

He explains the roll-out of 5G has already made a “significant impact on how people get the most out of our technology”.

Apple shares were little changed in after-market trading following the results, but were already stronger than most forecasts.

It follows Apple and other tech giants facing heightened pressure from anti-trust enforcers around the world.

Microsoft surpasses analysts expectations

We knew this was going to be a huge earnings week, with Microsoft also revealing its earnings after the closing bell on Tuesday.

The tech giant’s growing cloud empire saw its Azure platform revenue skyrocket by 51 per cent.

Microsoft surpassed expectations, with revenue rising 21 per cent.

Microsoft’s new franchises, including gaming, security, and LinkedIn, all surpassed $10 billion dollars in annual revenue over the past three years.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Rising Ticketmaster scams: how to protect yourself from fraud

Rising cyber scams target Ticketmaster users, exploiting emotional connections; experts advise on protective measures against fraud.

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Rising cyber scams target Ticketmaster users and exploiting emotional connections.

In Short

Cyber scams targeting Ticketmaster users are on the rise, exploiting emotions and rushing fans into poor decisions. To avoid falling victim, individuals should verify offers, access official websites, and enhance security with measures like two-factor authentication.

Cyber scams targeting Ticketmaster users are increasing, causing significant vulnerability to fraud.

The rise of these scams is linked to three vulnerabilities: emotional connections to performances, reliance on digital platforms, and ease of access to scams.

Scammers exploit the fear of missing out (FOMO), particularly during high-demand events like Taylor Swift’s concerts.

Fans often rush into purchasing tickets without verifying the legitimacy of the offers, leading to poor decision-making.

If someone falls victim to a scam, their recourse is limited, often relying on Ticketmaster or other platforms for support.

Many fraudulent websites mimic legitimate ticket sellers, tricking users into entering personal information.

To avoid falling for scams, individuals should take their time, scrutinise offers, and ensure they access official websites directly.

Steve Tcherchian, Chief Product Officer and Chief Information Security Officer at XYPRO joins to discuss how to counter these cyber attacks.

Implementing two-factor authentication on ticketing platforms provides an additional layer of security.

While there are no guarantees to stop scams, ticket platforms must enhance their security measures.

Issues with customer service and support during scams can exacerbate the situation for victims.

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Australia’s workforce revolution sets the stage for a four-day work week

Australia’s AI Workforce Revolution: Automation Paves the Way for a Four-Day Work Week and New Job Redesigns.

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Australia’s AI workforce revolution: automation paves the way for a four-day work week.

In Short

UiPath’s report highlights the rapid shift towards “agentic automation,” where AI makes autonomous decisions, encouraging businesses to reassess roles and harness automation for productivity. This evolution may enable a four-day work week and necessitates the retraining of staff while ensuring regulations are in place for trust and compliance with AI integration.

The trend towards work reallocation is rapidly advancing, with UiPath’s new report identifying significant shifts in AI and automation.

Key insights from the report suggest a move towards “agentic automation,” where AI begins to make autonomous decisions. Yelena GalstianHead of Solutions and Customer Advisory at UiPath shares her key insights.

Organisations are encouraged to reassess existing roles and identify areas where automation can enhance productivity.

A critical aspect will be the orchestration of collaboration between human employees, AI agents, and software robots to ensure effective teamwork.

Looking ahead, the motto for businesses is to “redesign and reassign” processes while considering how AI can handle repetitive tasks, allowing human employees to focus on more complex responsibilities.

As organisations embrace these changes, we could see a potential transition to a four-day work week, made feasible through increased efficiency and productivity from AI.

For further insights into the research and methodologies for implementing AI in business, interested parties can connect with the UiPath team through their website.

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Data centres pushed to breaking point as AI demands surge

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The hidden cost of AI’s unstoppable growth

The rise of AI is pushing data centres to their limits, with increasing demands for high-resolution telemetry and greater power capacity. As AI applications grow more complex, managing these challenges efficiently has become a critical focus for industry leaders. The quest for smarter solutions is reshaping the infrastructure landscape. Luke Dalske, COO of Radix IoT, joins the program to discuss.

 

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