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Battle Royale: Epic Games vs. Google
Epic Games proposes Google app store reforms after antitrust win, Caitlyn Jenner has broken her silence on O.J. Simpson’s death with the bitter send-off: “Good riddance”, food price hikes stall, Hamas leader says group is still seeking hostage deal after three of his sons killed, Sharesies is expanding its business-to-business services with the purchase of Orchestra, and 1499 public service jobs are on the chopping block.
New Post
Ikea begins search for hundreds of New Zealand staff, India election: Congress's Gandhis, trailing Modi, battle for political survival, Napier Port eyes recovery amid mixed trade volumes, KKR Weighs Sale or IPO for $15 Billion BMC Software, Workers rush back to their desks as job fears grow and Swiss call for change to 'unrealistic' bank liquidity rules.
ACT and NZ First shock parliament
Samoa citizenship bill passes first Parliament hurdle, helped by Act and NZ First, Newshub staff have been left ‘gutted’ and close to tears after confirmation today that the news service will close after 35 years, the government is reviewing the roll out of fresh water farm plans and says work already underway in some regions could be halted & Big four consulting firm EY is planning to cut more than 100 roles next week.
MP's potentially up for a payrise
TVNZ confirms a range of job cuts and the end of several shows, including Fair Go after 47 years, The potential for backlash if MPs are given a payrise in the next two weeks, at the same time the Government is cutting public spending the world’s biggest economies have continued to finance the expansion of fossil fuels in poor countries to the tune of billions of dollars and MetService has placed the West Coast under an orange heavy rain warning until Thursday night with up to 800 millimetres expected to accumulate in places.
NZ AI stock soars 350%
The NZX market regulator has issued its first “trade with caution” statement in connection of Being AI Limited, which have appreciated more than 350% since listing on April 2nd, Treasury set to axe 50 jobs, Fletcher Building CFO quits, Biden tells Netanyahu US support hinges on protecting civilians, more rats found in Dunedin supermarket, and Disney CEO’s headaches abound even after major proxy war win with activist investor Nelson Peltz.
7.2 Magnitute Earthquake Strikes Taiwan
The New Zealand sharemarket tumbled half a per cent as investors became nervous about the timing of interest rate cuts, Donald Trump is again seeking to remove the judge overseeing his upcoming New York criminal trial from the case, North Korea successfully test-fired a new hypersonic missile and Rescue efforts are taking place in Taiwan after a powerful earthquake struck off its east coast on Wednesday, killing at least four people.
SBF sentenced
Sam Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud, Vanguard has admitted to misleading conduct about its ESG screening, Synlait has halted trading in its shares and bonds, and Kathmandu founder Jan Cameron sentenced for failing to disclose A$14 million in shares.