Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Fri, Dec 05, 2025 08:47 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

David Glance

Associate Professor David Glance is the Director of the UWA Centre for Software Practice, a UWA research and development centre.

Originally a physiologist working in the area of vascular control mechanisms in pregnancy, Professor Glance subsequently worked in the software industry for over 20 years before spending the last 10 years at UWA. The UWA CSP has developed the eHealth platform MMEx which has been used to provide electronic patient management in WA and other parts of Australia. Professor Glance's research interests are in health informatics, public health and software engineering.

Massive global ransomware attack highlights faults and the need to be better prepared

May 14, 2017 16:13 pm UTC| Technology

A massive malware attack was launched on Friday, affecting at least 75,000 computers in 99 countries. Computers running Microsoft Windows were infected with WanaCrypt0r 2.0 or WannaCry ransomware. Once infected, all of the...

Technology, once thought the enabler of democracy, is threatening to kill it off

May 08, 2017 04:58 am UTC| Technology Politics

Democracy has entered a new phase characterised by hacking by foreign states and fake stories discrediting political representatives, disseminated by social media. The social media companies have been incapable, or...

Fruit juicers and hair brushes are now part of the Internet of (useless) Things

Apr 30, 2017 14:17 pm UTC| Technology

If ever proof were needed that not everything is improved by connecting a device to the Internet, the Juicero, a fruit and vegetable juicing machine, is it. At US $400, the Juicero produces a glass of juice from an US $8...

VPNs become even more important as ISPs start collecting customer metadata

Apr 14, 2017 02:12 am UTC| Insights & Views Technology

As of today, Australian ISPs and telecommunications companies are officially required to collect metadata about their customers communications. According to the legislation, this data includes: name, address, date of...

Three charts on Australia's growing appetite for fast broadband

Apr 11, 2017 06:30 am UTC| Insights & Views Economy Technology

This piece is part of our new Three Charts series, in which we aim to highlight interesting trends in three simple charts. The Australian Bureau of Statistics latest figures on internet activity in Australia show a huge...

Australia may be closer to being a cashless society but it won't happen by 2020

Mar 27, 2017 15:52 pm UTC| Insights & Views Central Banks

The ABC has this week asked the question as to whether Australia is on the brink of becoming a completely cashless society. The question was sparked by the recent release of figures by the Reserve Bank of Australia (RBA)...

Snapchat's share price already fading as fast as one of its user's photos

Mar 08, 2017 08:39 am UTC| Technology

Snapchats lofty valuation on the stock market lasted just a little bit longer than one of its users disappearing photos. On its third day of trading on the NY Stock Exchange, Snapchats parent company Snaps share price,...

1 2 3 4 5 6 7 8

Economy

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth

Europe is facing growing competitive pressure from China as Beijing intensifies its export-driven growth strategy, a shift Goldman Sachs says is reshaping the outlook for several major European industries. The bank...

Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook

Citigroup has raised its outlook for European equities, setting a 2026 year-end target of 640 for the STOXX 600 index. The forecast suggests a potential 10.5% upside from Thursdays close, reflecting growing confidence in...

Dollar Weakens Ahead of Expected Federal Reserve Rate Cut

The U.S. dollar hovered near a five-week low on Friday as global investors positioned themselves for a widely anticipated Federal Reserve rate cut next week. The greenback remained under pressure across major currencies,...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...