BUSINESS

jack ma

Jack Ma says Australia is a gold mine

Alibaba founder Jack Ma said during the opening of the first Australian and New Zealand branch of his company on Saturday that Australia is a gold mine.
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Aldi

Aldi invests $700M in 120 stores, 2000 jobs in SA and WA

German supermarket chain Aldi is invested heavily in expanding its footprint in Western Australia and South Australia. It plans to open 70 new stores in WA and 50 new stores in SA with an investment of over $700 million.
Uber

Lyft gains followers, #Deleteuber trends even after US$3M defence fund

American ride-hailing service Uber’s ill-timed tweet resulted in a disaster for the company. The hashtag #DeleteUber trended on Twitter and customers moved to Lyft,who pledged US$1 million (AU$1.32 million) to American Civil Liberties Union in support of those affected by Trump travel ban.
Tesla

Tesla Autopilot mode upgrade provides another layer of safety; Hardware 2 effective in all crash modes

Tesla Motors’ Autopilot tech has been cleared in a probe that went on for six months and it has come as a huge relief for Tesla fans and the company too. The six-month federal investigation, carried out because of a fatal crash involving the semi-autonomous Autopilot system in a Tesla vehicle, has also provided insights into how the automaker designed and developed it.
Tesla

Tesla Model 3 release date, news & update: Service station woes worry future EV owners; Making profits may not be feasible

Tesla service centre woes are causing panic among Tesla Model 3 enthusiasts. The electric vehicle that is assumed to cost US$35,000 (AU$47,000) when released is undoubtedly the most-anticipated devices of the Elon Musk-led Tesla. However, even before the company has started delivering the vehicles, people are finding issues that Model 3 owners are most-likely to face when the vehicle arrives in the market.
drone

Lily Camera founders confirm selfie drone cancellation

The Lily Camera also known as the selfie drone has been cancelled by its designers despite having an almost US$34 million (AU$45.4 million) of pre-orders since going on sale in June 2016.

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