Monday, March 9

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Facebook admits to scraping every Australian adult user’s public photos and posts
World News

Facebook admits to scraping every Australian adult user’s public photos and posts

By Jake Evans for the ABC (File photo) Photo: NIKOLAS KOKOVLIS / AFP Facebook has admitted that it scrapes the public photos, posts and other data of Australian adult users to train its AI models and provides no opt-out option, even though it allows people in the European Union to refuse consent. Meta's global privacy director Melinda Claybaugh was pressed at an inquiry as to whether the social media giant was hoovering up the data of all Australians in order to build its generative artificial intelligence tools, and initially rejected that claim. Labor senator Tony Sheldon asked whether Meta had used Australian posts from as far back as 2007 to feed its AI products, to which Claybaugh responded "we have not done that". Read more: But that was quickly challenged by Greens senator Da...
Kmart to open biggest NZ store: Colossal 24/7 shop at Westgate
Business

Kmart to open biggest NZ store: Colossal 24/7 shop at Westgate

By Anne Gibson of The vast new Kmart store is due to open in 2026. It will be in Maki Place off Maki Street, across from Costco Wholesale. Photo: Supplied / Kmart Low-price Australasian retail chain Kmart has announced it will open its largest New Zealand store. An outlet spanning more than half a hectare is to be built in Auckland's northwest at Westgate. That will be almost directly opposite the American-owned Costco Wholesale, in a street yet to be created: Maki Place, off the Maki Street thoroughfare. Kmart Australia and New Zealand chief executive John Gualtieri said the new store would be the 28th in this country where the business employs about 2400 staff. "This is testament to the strong traction the Kmart brand has amongst New Zealand consumers, particularl...
Apple tax bonanza hands Ireland political, reputational headache
World News

Apple tax bonanza hands Ireland political, reputational headache

By Padraic Halpin and Conor Humphries, Reuters Photo: CFOTO / NurPhoto via AFP An EU court order that Apple pay Ireland 13 billion euros (NZD$23.2 billion) in back taxes triggered mixed feelings in Dublin on Tuesday as the government assessed possible reputational damage and rebuffed opposition calls for the cash to be spent quickly. Ireland had fought the EU back-tax bill alongside Apple since 2016, seeking to defend its position as the location of choice for US multinationals in Europe - and the billions of euros in direct and indirect taxes they bring in each year. The government played down the finding by the Court of Justice of the European Union that it granted the iPhone maker unlawful aid through its tax treatment as an issue "of historical relevance only" due to changes in ...
Fieldays chief executive Peter Nation announces resignation
Business

Fieldays chief executive Peter Nation announces resignation

National Fieldays Society CEO Peter Nation at Fieldays in Waikato in June 2024. Photo: RNZ/Monique Steele The chief executive of the organisation behind the southern hemisphere's largest agricultural event, Peter Nation, is stepping down from the helm later this year. Nation has worked in and around the New Zealand National Fieldays Society for nearly 30 years, before being appointed to chief executive in 2016. The society owned iconic agricultural event Fieldays and operated the Mystery Creek Events Centre near Hamilton in Waikato. "As CEO I have been given many opportunities both in New Zealand and across the world, attending and speaking at conferences and events, hosting important international delegations, promoting agriculture and food producers, while ensuring we grow New Zealand...
Aussie breakdancer Rachael ‘Raygun’ Gunn ranked world No. 1
World News

Aussie breakdancer Rachael ‘Raygun’ Gunn ranked world No. 1

Australian breakdancer Rachael 'Raygun' Gunn ranked world No1. Photo: ODD ANDERSEN Australia's infamous Olympic breakdancer Rachael 'Raygun' Gunn has been ranked number 1 in the latest Breaking World Ranking List. The B-girl whose performance at the Paris Olympics went viral for all the wrong reasons, left the Games without a single point. The backlash she's faced since Paris led Australia's chef de mission to speak out in her defence. And now Gunn has been ranked number one in the world by the World Dance Sport Federation (WDSF). In a statement, the Federation said it "acknowledges the recent inquiries" regarding the world rankings. "We would like to take this opportunity to provide clarity on the ranking methodology and address the concerns raised. "The WDSF remains steadfast in its ...
Briscoe Group sees net profit drop in first six months of 2024
Business

Briscoe Group sees net profit drop in first six months of 2024

Photo: RNZ The ongoing economic downturn has again hit the profit of retailer Briscoe Group, despite record sales for the first half. Key numbers for the six months ended July compared with a year ago: Net profit $33.2m vs $42.7m Revenue $372m vs $369.2m Interim dividend 12.5 cents per share maintained from the previous year The homeware and sports gear retailer's net profit dropped more than 22 percent compared to the same period last year. Managing director Rod Duke said like all retailers, the company is dealing with profit margin pressure with consumer spending down, but his team has done well to produce a growth in sales. "Optimising gross profit while maximising sales is a constant focus for the team and they have done a terrific job this half in enhancing the promotional events ...
Watch live: Kamala Harris v Donald Trump in first US election debate
World News

Watch live: Kamala Harris v Donald Trump in first US election debate

Democrat Kamala Harris and Republican Donald Trump are facing off in their first televised debate of the US presidential campaign this afternoon. The debate - at Philadelphia's National Constitution Center and will not have a live audience - is due to start at 1pm NZT (9pm local time). For Harris, the square-off in Philadelphia is an opportunity to lay out her priorities and show her mettle against a rival who has belittled her intelligence and subjected her to racist and sexist attacks. Trump will get a chance to try and blunt some of Harris' momentum in a race that has tightened considerably since she became the Democratic nominee in July. Most opinion polls show Harris to be slightly ahead nationally and in the majority of battleground states, but Trump remains well within striking dist...
How ‘massive self-belief’ powered Kiwi businesswoman Carmen Vicelich into lucrative data deals
Business

How ‘massive self-belief’ powered Kiwi businesswoman Carmen Vicelich into lucrative data deals

It took 'massive self belief' for Carmen Vicelich to walk away from a senior corporate role and start her own businesses. She reflects on how she did it as part of RNZ's new series, RICH: The meaning of wealth in Aotearoa. Twenty-three years ago, in a glitzy auditorium in central Auckland, 450 of the country's top political, business and academic minds came together for the "Catching the Knowledge Wave" Conference. Critics scoffed that it was just a "talk fest". The goal was certainly ambitious: Plan how New Zealand could transform its economy from one predominantly based on agricultural exports to one driven by technology and knowledge. A blueprint from the conference called for greater focus on innovation, entrepreneurship, research and development. That conference has lately been talked...
Sean ‘Diddy’ Combs ordered to pay $162 million in sexual assault lawsuit
World News

Sean ‘Diddy’ Combs ordered to pay $162 million in sexual assault lawsuit

By Danielle Broadway, Reuters Photo: Image Press Agency / NurPhoto via AFP A Michigan inmate who accused Sean "Diddy" Combs of drugging and sexually assaulting him at a party almost 30 years ago has been awarded a USD$100 million (NZD$162m) judgment against the rapper and record producer. Derrick Lee Smith, 51, won the multimillion-dollar judgment by default in Lenawee County Circuit Court during a virtual hearing on Monday after Combs, 54, failed to show up. An attorney for Combs said the rapper would move to have the judgment dismissed. "This man (Smith) is a convicted felon and sexual predator, who has been sentenced on 14 counts of sexual assault and kidnapping over the last 26 years," attorney Marc Agnifilo said in a statement. "His resume now includes committing a fraud on the...
Contact Energy to take over electricity generator Manawa Energy
Business

Contact Energy to take over electricity generator Manawa Energy

Contact Energy's Te Mihi power station (file photo). Photo: Contact Energy Two large power companies are proposing a near $2 billion merger. Contact Energy, a full power generator and retailer, said it reached an agreement to take over electricity generator Manawa Energy. Contact would pay a combination of cash and its own shares to the equivalent of $5.95 for each Manawa share, which last traded just over $4.00, valuing the deal at just under $1.9b. It would also pay off Manawa's debt which was reported as $81m in bank loans and $372.7m in bonds as at 31 March 2024. Contact's chief executive Mike Fuge said the merger would make Contact more resilient and diversify its generating portfolio. "Our hydro assets are complementary, with different seasonal generation profiles, which will help...