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Cyclone Gabrielle leaves thousands without power

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Cyclone Gabrielle is lashing New Zealand as other nations are placed on high alert

Thousands are without power in New Zealand as a tropical cyclone hits part of the country.

Gabrielle was downgraded from a category two to a category one storm before it made landfall.

“It’s a one in 100 year weather event and we seem to be getting a lot of them at the moment,” said Prime Minister Chris Hipkins.

But New Zealand is bracing for even more severe weather.

The regions of Northland and Auckland are under a state of emergency.

Professor Ian Young from the University of Melbourne said climate change is prompting western countries to act.

“Right now, the annual impact of coastal flooding is about 0.3% of global GDP. And we estimate that if we do nothing that will rise to about 3% of GDP,” he said.

Air New Zealand has cancelled over 500 flights with services expected to resume on Tuesday.

The airline is adding 11 extra flights to help with the recovery effort.

Meanwhile, the New Zealand Defence Force has located 150 staff throughout Auckland and neighbouring regions.

“This is part of a growing problem for low lying countries. Look at developed nations particularly those in Asia, places like Bangladesh, in particular areas in Egypt, in the Delta of the Nile, for instance.

“These are relatively low elevation areas, so they’re particularly vulnerable to sea level rise and to extreme coastal flooding,” Professor Young said.

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Netflix vs Paramount: The Warner Bros takeover battle explained

Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.

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Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.


The battle for Warner Bros is heating up, with Netflix and Paramount in a high-stakes clash that could redefine the streaming and filmmaking landscape. We break down who currently holds the stronger position and why Warner Bros might favor Netflix’s offer over Paramount’s all-cash bid.

Darren Woolley from TrinityP3 joins us to discuss the role of equity upside, shareholder sentiment, and the realistic chances of a hostile takeover. We also explore how political connections and regulatory scrutiny could shape the outcome of this landmark deal.

Finally, we look at the wider impact on competitors like Disney, Amazon, and Apple, as well as creators, production partners, and exhibitors. Who will ultimately win this battle for one of the most influential studios in modern media?

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#WarnerBros #Netflix #Paramount #StreamingWars #MediaTakeover #HollywoodDeals #EntertainmentNews #Ticker


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Elon Musk’s SpaceX plans $25 billion IPO in 2026

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SpaceX plans a $25 billion IPO in 2026, potentially valuing the company at over $1 trillion.


Elon Musk’s SpaceX is preparing to raise over $25 billion through an initial public offering in 2026. The move could value the space exploration company at over $1 trillion, fueled by its Starlink internet network and Starship rocket programme.

The IPO discussions are underway with major banks, targeting a launch around June or July. This comes as the IPO market experiences a revival after a three-year slowdown, attracting attention from both institutional and retail investors.

SpaceX is currently the second most-valuable private startup after OpenAI. While investors are excited, some remain cautious about Musk’s ability to manage multiple high-profile companies simultaneously.

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#SpaceX #ElonMusk #IPO #Starlink #Starship #TechNews #Investing #Startup


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U.S. visa waiver travelers may need to share social media profiles

Trump admin proposes tourists disclose social media profiles for security under visa waiver program, impacting 42 countries.

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Trump admin proposes tourists disclose social media profiles for security under visa waiver program, impacting 42 countries.


The Trump administration has proposed new rules requiring tourists visiting the United States under the visa waiver program to disclose their social media profiles. This applies to citizens from countries including Australia, the UK, and France, who would need to provide five years of social media history.

The requirement specifically targets travelers using the Electronic System for Travel Authorization (ESTA), which covers 42 countries. US Customs and Border Protection says the move is necessary to enhance national security.

Public comments on the proposal will be open for 60 days, and full implementation could take several months. It’s still unclear whether private messages would be included or if only public profiles are required.

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#USVisa #TravelNews #SocialMediaCheck #ESTA #NationalSecurity #TravelUpdate #VisaWaiver #TourismRules


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