Tech
Here’s the plan to create 1 million tech jobs | ticker VIEWS
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.
The @techcouncil_aus @katejonesqld has revealed its plan to create 1 million #tech jobs, with @Google @afterpay_au @canva @Atlassian @Tesla jumping on board pic.twitter.com/CRNOVt0FU8
— ticker NEWS (@tickerNEWSco) October 4, 2021
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
Tech
Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.
Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.
Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.
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#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation
Tech
Nvidia posts record revenue as AI fears shake investors
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.
Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.
Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.
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Tech
Meta launches lawsuits over alleged scam advertising operations
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.
Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.
While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.
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