AI unleashes Telstra Inside Healthscope's collapse
This week on the Chanticleer podcast, James and Anthony reveal what the new strategy of one of Australia's biggest companies tells us about the coming artificial intelligence boom, take you inside the biggest corporate collapse since the pandemic and explain the new theory moving the market – the TACO theory.
Listen to the full conversation below, or download the podcast from Apple, Spotify, or wherever you get your podcasts. New episodes of the Chanticleer podcast are available every Friday at 5pm AEDT.
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The Age
13 hours ago
- The Age
Samsung's new phone is skinny and light. That's come with some compromises
Samsung's Galaxy S25 Edge is undoubtedly a case of style over substance, and that's not necessarily bad. It's a lot like the other phones in the S25 line, and in fact it's closest to the highest-end S25 Ultra. But it had to make several key compromises in the service of aesthetics - specifically to become as thin as possible. The S25 Edge is not the thinnest or lightest phone that has ever been made. But it is potentially the thinnest and lightest to be made with such an enormous and brilliant screen, such robust durability claims, and so powerful a processor inside. It's surprisingly competitive in most respects with the S25 Ultra, but it's 2.5mm thinner and 55g lighter. Apple's never had an iPhone this skinny (although it's rumoured to be working on one), and the last time it had one this light was the iPhone 13 mini. The question is whether having the thinnest and lightest phone is a worthwhile goal. If you don't think so, you're unlikely to want to pay $1850 for this device when there are many less expensive options with zoom lenses and long battery lives; two things the S25 Edge lacks. But on the other hand the display, performance and photo quality on the Edge are phenomenal. And it's not like the weight reduction serves absolutely no useful purpose. Having a device with such a large screen and such a low weight makes a big difference if you're frequently holding it up with one hand, or balancing it on your little finger to take photos. But before we go comparing it to other phones, let's look at the S25 Edge on its own merits. At less than 6mm thick and around 160g, the phone looks and feels futuristic. It has durable Gorilla Glass front and back sandwiching a titanium frame, with the construction carrying a IP68 dust and water ingress protection rating, and the display comes very close to covering the entirety of the front. That display, by the way, is about as impressive as it gets; a 6.7-inch HDR OLED at QHD+ resolution and a smooth 120Hz refresh rate, with a little dot at the top for the selfie camera. Around the back is where things are likely to get more divisive. There are two camera lenses here, one housing the same 200MP main shooter as the S25 Ultra, and one with an ultrawide that doubles as a macro thanks to its autofocus. But all that camera hardware is never going to fit into a 6mm frame, so it juts out in a two-step bump of glass and metal, making the phone around 1.5 times as thick at that one corner compared to the other three. It doesn't look bad, but it gives the device an extreme wobble if you set it down face-up on a table. And speaking of the cameras, they're generally excellent. Shooting from the main unit on default settings gets practically identical results as on the S25 Ultra, which is to say photos are sharp, well-defined, taken quickly and given just a slightly hyper-real punch-up in the colours. In my opinion, it's no better or worse than the category-leading iPhone 16 Pro. It just comes down to preference.
ABC News
20 hours ago
- ABC News
Global brands prepare to hike prices as trade war could spread inflation beyond US
Australian shoppers could soon see higher price tags, as some brands affected by Donald Trump's trade war prepare to increase prices beyond the US market. German shoe manufacturer Birkenstock is among the global retailers set to raise prices across the board to spread out the cost of tariffs. Birkenstock's chief financial officer Ivica Krolo told an investor briefing this month that spreading the cost would mean modest price rises across the board, rather than a big hike in the cost for US purchasers. Mr Krolo added that, "pricing is not the only lever we have though … additional levers include efficiencies in production, vendor negotiations, the optimisation of product mix and the allocation of products between the different regions." One of the world's biggest jewellery brands, Pandora, is also eyeing price rises. It primarily produces its products in Thailand. The Danish jeweller outlined the scenarios of tens of millions of dollars in cost increases due to US tariffs in its first-quarter interim financial report, saying: "the extent and timing of further price increases to be determined based on the concrete circumstances." Meanwhile, analysts are closely monitoring the outlook for Apple and Samsung, given Mr Trump has threatened a 25 per cent tariff on smartphones not made in America. "If iPhones got built in the US, you'd be looking at iPhones in Australia that go up three times from where they are today," Wedbush Securities analyst Dan Ives told The Business from New York. "It's not just about the US consumer, it's about the foundation of all the costs that are increasing around the world." Economists say the rationale for multinational firms to spread the cost beyond the US is to avoid dampening demand from American consumers, which is a large and crucial market, by having them foot the bill entirely. "If they impose all of the price increase on the US consumer, that could do a number of things, which is reduce demand significantly by the US consumer," former Commonwealth Bank chief economist Stephen Halmarick told The Business. The impact could be felt around the world in a matter of weeks and months. "As we get into June, July, August, you're going to see price increases around the world," Mr Ives said. When the Reserve Bank board cut interest rates in May, it highlighted the risk to the global economic growth outlook posed by the trade war. It also emphasised that local inflation pressures had eased, and inflation was "expected to remain around target", opening the door to further rate cuts. "We see two more cuts, one in August and one in November," Jarden chief economist Micaela Fuchila said. "We have inflation under control, the labour market is in a good place, and there are some signs that the economy is recovering." Despite the focus on the downside risk to global growth, the RBA has acknowledged the potential for global price hikes — although deputy governor Andrew Hauser doubts the longevity of the strategy. In Melbourne, this fabric manufacturer shares similar concerns. "The biggest worry for me is higher pricing will mean less demand, which means less requirements for product, which will definitely impact on future projections and buying," Steve Tsonidis, the general manager at ABMT Textiles, told The Business. ABMT exports a third of its products to the US, with fabric produced here and garments made in Vietnam and Bangladesh. The RBA's base case is that the trade war will put downward pressure on inflation here, but it has considered scenarios where prices could rise. "There are possibilities that if this goes far enough and it impairs global supply chains, that could push inflation up here and everywhere else for a period," Mr Hauser said. The RBA board next meets in early July, just before the pause on the US "reciprocal" tariffs affecting more than 50 nations is due to expire.
Sky News AU
a day ago
- Sky News AU
Meghan Markle reportedly earned paltry $40,000 from Confessions of a Female Founder podcast
Meghan Markle reportedly earned just $40,000 from her Confessions of a Female Founder podcast amid speculation the series will not return to the airwaves. Markle, 43, launched Confessions of a Female Founder in April as a weekly series in which the ex-working royal chats to high-profile businesswomen. The Duchess of Sussex spoke to the likes of Bumble's Whitney Wolfe Herd, Cassandra Thurswell of Kitsch and IT Cosmetics' Jamie Kern Lima for the project. Markle also used the podcast as a platform to interview the heads of companies she has a financial stake in, including Clevr Blends' Hannah Mendoza and Kadi Lee of Highbrow Hippie. Journalist and 'To Di For' podcast host Kinsey Schofield told Sky News Australia that Markle earned about $40,000 for the Lemonada podcast. 'Meghan's made approximately $40,000 for season one of Confessions of a Female Founder,' Ms Schofield told Sky News host Caroline Di Russo. 'Not exactly Spotify money, and if she's trying to be a billionaire, I think she's going to have to hustle a little harder.' By comparison, Markle and her husband Prince Harry reportedly pocketed a multi-million dollar payment from Spotify for a doomed partnership that crumbled two years ago. Reportedly, the Spotify deal collapsed after the Sussexes missed production benchmarks and complaints from inside the streaming giant that the couple were 'f***ing grifters'. The surprising figure comes after the ex-working royal "wrapped up" the Lemonada series on Tuesday after just eight episodes. Markle interviewed Spanx founder Sara Blakely and mused about her 'guilt' over her wealth in the "last" episode. "I think so many women especially, we're taught to not even talk about money, and there's lots of guilt mentality surrounding having a lot,' Markle said. At the end of the episode, Markle appeared to call time on the series and thanked her listeners for their support. "Well, that's a wrap," Markle said. "Thanks for your support as you heard my story, little bits of it.' The announcement coincided with a gushing new feature on the Duchess of Sussex published by business outlet Fast Company. 'There's interest in doing a second season of Confessions of a Female Founder, and many female founders have approached her to be a guest on the series,' the article said. 'But Meghan is now involved in such a wide range of projects, she's sure to find some way to tell her story.' In a twist, Markle made a major U-turn on Friday and opted to announce a surprise 'bonus' episode of the series featuring an unknown 'matriarch'. Instead of profiling another businesswoman, Markle returned to her showbiz routes by interviewing Tina Knowles Lawson – the mother of popstar Beyonce.
