According to the Nomura Research Institute, by the year 2035, half of all jobs in Japan could be performed by AI robots. Known for its adaptive approach to innovative technology, artificial intelligence company UNITH (ASX: UNT) is cashing in on the trend by launching their digital avatars in kiosks across the futuristic metropolis. Other than
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Last year, Australians lost more than $98 million from digital crimes such as fraud and hacking according to the Australian Cyber Security Centre. The financial losses are substantial and life-ruining in many cases which is why it’s understandable that the Federal Government is keen to invest in projects that can reduce future occurrences. One of
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Smart city tech company SenSen’s (ASX: SNS) revenue is up, cash receipts have increased and loans are repaid. Oh, and yeah, it is facing a lawsuit and laying off employees to cut costs. For most companies, the latter would be big deals; but for SenSen, they are minor inconveniences requiring brief mentions. In Q2 FY23,
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Have you skipped online checkouts for in-person queues lately? With the end of pandemic lockdowns, many Myer (ASX: MYR) customers have, thus driving the department store’s in-person sales up 38% in the five months leading to December 2022. Subsequently, the retailer’s online sales were down 9.4%. Not only does this represent customers’ return to stores
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Bouncing back from Covid stronger than ever, Australian engineering, construction and remediation contractor Duratec Limited (ASX: DUR) has been awarded a $100 million contract with the Australian Department of Defence to undertake wharf and harbour basin maritime upgrade works. The Company will start working on the project immediately, and commencement on-site is scheduled for May
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The first half of FY23 has not gone to plan so far for financial services group Sequoia Financial (ASX: SEQ) having advised that its Half Year earnings has been negatively impacted by several abnormal items affecting short term performance accumulated across four divisions. The impending results have been flagged as falling below budget expectations and
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While tech companies around the world have been shedding jobs with mass layoffs following a turbulent year for tech, eCommerce company Harris Technology (ASX: HT8) tackled the challenging conditions head on and have come out on top following a strategic review. As one of Australia’s high flyers during the pandemic, the online retailer thrived as
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Reports of tech layoffs ruled the roost in 2022. Some companies struggled with labour shortages following the pandemic, while others struggled with retaining the right employees. This followed the resurgence of the ever-dreaded news: robots are taking over human jobs. That’s not quite accurate given that the majority of businesses still rely on human labour.
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Do you know how one of the main selling points of blockchains and crypto is that there are no middlemen with their noses in your business? That prospect is just as attractive in everyday business. Medical regenerative solutions company Osteopore (ASX: OSX) has acquired multiple medical distribution businesses and has now become a vertically integrated
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As a medical research company, successful trial outcomes are a must but business acumen in understanding the market is no less important either. For clinical stage biotech company Pharmaxis (ASX: PXS), their latest addition to the Board of Directors line-up will offer them the best of both worlds with the appointment of healthcare investment researcher
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