US senators propose new crypto regulation bill as industry craters

A bipartisan group of senators on Wednesday proposed a bill to regulate cryptocurrencies, the latest attempt by Congress to formulate ideas on how to oversee a multibillion-dollar industry that has been racked by collapsing prices and lenders halting operations.

By FATIMA HUSSEIN and KEN SWEET
August 3, 2022
Honda profit down on chip shortage, Covid-19, higher costs

Japanese automaker Honda’s fiscal first quarter profit fell 33% from 2021 owing to higher prices of raw materials, a global computer chip shortage and a pandemic-related lockdown in China.

By Yuri Kageyama
August 10, 2022
A beacon of hope after disaster

Microgrids funded and installed by church and volunteer groups promise to supply essential electricity to poor neighbourhoods hit by natural disasters.

By Rebecca Santana
August 6, 2022
Ex-Twitter staffer spied for Saudi Arabia

A jury found Ahmad Abouammo, a US citizen and former media partnership manager for Twitter’s Middle East region, guilty on several charges.

By Barbara Ortutay and Matt O'Brien
August 10, 2022
EDUCATION SCHOOL STOCK A digital skills challenge will be free to schools to boost Australia's stock of technology workers.
Free digital skills challenge to fill tech gaps at Aussie schools

“Teachers do need help,” said James Curran, CEO of tech training provider Grok Academy. “A child could come in knowing more than the teachers and that’s a bit confronting.”

By Marion Rae
August 10, 2022
Self-generated child sexual abuse images online rising

The Internet Watch Foundation (IWF) warns self-generated content of child sexual abuse imagery is a social and digital emergency.

 

 

By Martyn Landi
August 9, 2022
US Treasury sanctions Tornado Cash, alleges ties with North Korea

Allegedly helped to launder more than $7 billion worth of virtual currency since its creation in 2019.

By FATIMA HUSSEIN
August 9, 2022
Qantas execs to work as baggage handlers

Qantas executives will work as baggage handlers for a three-month program as part of a contingency program to combat labour shortages, the airline announced.

By Mibenge Nsenduluka
August 8, 2022
Cox Enterprises buys up Axios Media

Media conglomerate Cox Enterprises has bought online news provider Axios Media for a reported $525 million.

By Associated Press
August 9, 2022
Robotic gaze is difficult to interpret
By Katie Dickinson
August 4, 2022
Musk says Twitter deal could still progress
By Associated Press Reporter
August 7, 2022
Stray cats saved one game at a time
By Thalia Beaty
August 4, 2022