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Opinion

Facebook goes nuclear in Australia

Peter Bale
Thu, 18 Feb 2021

Peter Bale
Thu, 18 Feb 2021
As it went past a billion users it was often said Facebook would be the biggest country in the world were it a nation. On Thursday, Facebook (population 2.8 billion) showed just how big power works by unilaterally closing its platform to news in Australia (25 million).Google, by contrast, buckled to intense political pressure from incumbent news publishers led by Rupert Murdoch’s News Corporation and agreed to pay for news.Both were in their own ways pre-empting legislation to enforce payments for news. Each is trying to get ahead of bein...

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America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

Listed Companies market close
Pacific Edge up 6%; while index dips
Dan Brunskill | Fri, 24 Sep 2021

The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Markets
Retirement villages operate like 'quasi-Ponzi schemes'
Jenny Ruth | Fri, 24 Sep 2021

Retirement village residents' association claims the rule to get legal advice before signing a contract doesn't protect residents – and is used against them.

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Demand driven change an easier route to carbon reduction

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Kiwi security technology leading the world

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