News
Qantas app privacy breach sparks urgent investigation
Concerns arise as users report access to strangers’ personal details
Qantas, one of Australia’s leading airlines, finds itself embroiled in a concerning privacy breach as users of its mobile app report alarming incidents.
Customers accessing the app were shocked to find not their own information but instead the personal details of strangers, including names, flight details, and even boarding passes. The breach, which surfaced via social media posts, has prompted an urgent investigation by Qantas amid fears of a potential security hack.
‘I was able to access full booking details, including the ability to cancel someone’s flight to Europe.’
Reports emerged detailing how users were not only able to view strangers’ information but also manipulate bookings, change seats, and transfer points within the app.
This revelation has raised significant alarm among both Qantas customers and cybersecurity experts, highlighting the vulnerability of digital platforms to breaches of privacy and security.
A spokesperson for Qantas responded promptly, acknowledging the issue and assuring users that investigations are underway to address the breach.
The airline has vowed to provide further information as soon as possible, recognising the gravity of the situation and the importance of safeguarding customers’ personal data.
News
RBA holds rates as investors shift from property to stocks
RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.
RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.
The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.
The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.
We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.
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#RBA #Interestrates #AustraliaEconomy #StockMarket #InvestingTips #WealthWithin #FinanceNews #TickerTV
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U.S. retail sales slowdown sparks new fears ahead of Fed decision
U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.
U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.
Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.
The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.
Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.
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News
xAI’s $15 billion raise, deadline pressure and Grokipedia launch
Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.
Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.
Elon Musk’s artificial intelligence startup xAI is preparing to close a huge $15 billion funding round next month, valuing the company at $230 billion pre-money. The raise highlights the intense investor appetite for advanced AI platforms as competition heats up across the sector.
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