BUSINESS

An Israeli start-up company, Otonomo, was competing with Google and Apple in monetising personal data within the car industry.

Tesla is recalling 53,000 of its Model S and Model X vehicles assembled in 2016 to replace faulty electronic parking brakes. The US luxury electric car manufacturer’s shares dropped over 1 percent following its announcement on Thursday.

Restaurant Brands New Zealand, owner of KFC, Pizza Hut and Starbucks, was disappointed after its workers decided to go on strike on Saturday.

Australia's capital has ranked number three as the most expensive to rent a house behind Sydney and Melbourne's median house price.

The NSW government has accepted many of the recommendations of the parliamentary inquiry about the permission on renting out entire homes through Airbnb or Stayz.

The Department of Culture Media & Sport has released a cyber security breaches survey showing the risks that UK firms faced in 2016.

If latest reports are to be believed, Tesla is facing a massive strike threat that can even halt, or at least disrupt, Model 3 production. The company’s German Robotics unit is on the boil as a labour dispute brews. If workers choose to strike, Tesla’s plans to boost production may go for a toss.

Showpo and Black Swallow have settled data theft allegations requiring the latter to pay $60,000 in instalments over the fun and forward online fashion clothing store.

If latest reports are to be believed, many gamers are regretting upgrading their operating system to the Windows 10 Creators Update. “Grand Theft Auto 5” players have experienced issues and bugs as well. The game’s launcher is crashing whenever players are opening it. Thankfully, there’s a fix.

Woolworths director of loyalty and customer data Ingrid Maes said that the supermarket giant has benefited through its simplified loyalty program.

There’s a lot going on Tesla apart from the Model 3 electric sedan. Musk recently sketched out a timeline for the arrival of a sports car, pickup and semi truck. The company seems to expand its line-up of electric vehicles.

Apple has been reportedly considering a bid in Toshiba's chip business.

Japanese consumers have been on panic buying after they learned that Calbee would temporarily halt the sale of 15 types of potato chips.

Myers has saved Marcs and David Lawrence after the two most popular brands in Australia went into administration in February.

The metadata law grace period ended on Thursday enforcing telecommunication companies in Australia to comply with the retention scheme.

Coles has positioned itself to offer an excellent shopping experience during the Easter weekend with its new slogan, I'm Free.

Wall Street firm J.P. Morgan analysts said that Amazon Prime Video would spend US$6 billion (AU$7.9 billion) to increase the number its video-on-demand service's content.

TPG Telecom has entered the mobile network market in Australia after securing premium spectrum in the 700 MHz band at a government auction.

An updated report about underpaid superannuation has been handed to senate inquiry by former federal treasury director of the retirement income modelling taskforce Phil Gallagher.

A recruitment drive carried out by NBN Co. to employ workers to construct the national broadband network in Perth will lead to creation of jobs. Through its “Active Job Seeker Campaign,” the company seeks to employ people with experience in sectors including mining, boatbuilding, road and bridge construction, electricity distribution and transmission and electronic and precision equipment repair.

United Airlines' biggest shareholder Warren Buffet lost up to more than $90 million on Tuesday after the disturbing video of the airlines went viral.

Australia is looking to back a concessional loan of almost $1 billion that will be used for constructing the world’s largest coal mine. The loan to Indian conglomerate Adani Group comes as the Carmichael project has been affected by protestors citing environmental concerns.

Iron ore continued to undergo a downslide on Tuesday. This comes as spot markets recorded a decline for the fourth session in a row. As Chinese futures remained on the lower side, the probability of the decline to extend into Wednesday looks likely.

Wells Fargo has announced that it was taking back US$75 million (AU$99 million) from ex-CEO John Stumpf and ex-community bank unit head Carrie Tolstedt.

The United Airlines faced another controversy after a disturbing video went viral on social media.

Iron ore has made an entry into the bear market, with analysts forecasting further weakness of Australia’s largest export. As noted by Metal Bulletin, the spot price for benchmark 62 percent fines declined by another 1 percent to reach US$74.71 (AU$99.52) a tonne on Monday.

Queensland’s coal exports are expected to see an improvement later in the week. Following the disaster left behind in the wake of Cyclone Debbie, repair work of rail links responsible for transporting millions of tonnes of coal to port is underway.

Payday loan firm Wonga has warned its customers for the suspected illegal and unauthorised access to their accounts.

Coking coal market has witnessed a supply gap following the effects caused by the disastrous Cyclone Debbie. The thermal coal producers will be endeavouring to close this gap by altering their thermal supplies to fulfil the demands of the steelmakers.