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🗞️ No ragrets
Remember Andrew Tulloch?
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Good morning. Remember Andrew Tulloch? He's the Australian founder of Thinking Machine Lab who, just two months ago, rejected a reported $1.5 billion, six-year offer from Meta.
That makes last week's news a stunning reversal as Tulloch has officially left his startup to join Meta for an undisclosed fee.
Repeat, money doesn't buy happiness three times and continue on with your day.
All the headlines and more below...
AUSTRALIAN NEWS
Australia’s cyber defence report reveals cyber attacks has more than doubled in 1 year

Cyberattacks on Australia’s infrastructure more than doubled in 1 year whilst healthcare breaches surged, exposing millions of personal records. LINK
The Australian Antarctic Program is hiring 300 people for jobs at icy research stations during the 2026–27 season. LINK
Sydney University had its 2026 international student bid rejected as the government cited lack of housing and market diversity progress. LINK
Australia’s social services payments are failing to match living costs as many families fall short on essentials like rent and food. LINK
Australian consumer confidence has dropped to its lowest in 1 year as mortgage holders prepare for extended high interest rates. LINK
Mobile reception failures during WA bushfires left a firefighter unable to connect despite nearby towers, as trials of emergency power generation begin. LINK
Teenagers are widely sharing workarounds to bypass Australia’s new minimum joining age of 16 for social media whilst enforcement proves nearly impossible. LINK
Australia’s quantum sector is projected to add $6B to GDP and create 35,000 jobs by 2045 as local innovators gain global recognition and US defence deals. LINK
SA will spend $102.5M on water quality and reef restoration using AI-powered cytobots whilst tackling algal blooms and boosting summer tourism. LINK
GLOBAL NEWS
US, China roll out tit-for-tat port fees, threatening more turmoil at sea

The US has begun charging fees on Chinese ships to target China’s commercial dominance whilst Beijing issues retaliation threats. LINK
COMPANY NEWS
Major banks warning over 'increasingly realistic' $1,500 threat to Aussies

Over 70,000 scam emails that imitate major banks like CBA, Westpac, NAB and ANZ have targeted sectors such as education and insurance, raising cybersecurity alerts. LINK
Coles is using Palantir data systems to analyse employee sentiment whilst aiming to enhance workplace culture for customer benefits. LINK
Brookfield Properties Australia reached a confidential settlement with former employee Kelly Dyball as it admitted procedural failings related to her parental leave dismissal. LINK
Breville has launched a new $629 Eye Q Auto Toaster as it uses colour-sensing tech instead of a timer to improve consistency and reduce fire risk. LINK
ContactOut has leaked mobile numbers of top Australian leaders through a breach of a private database powered by AI and hosted overseas. LINK
Telstra reassured customers over triple-0 call reliability at its AGM whilst confronting Greenpeace protests on climate action. LINK
Choice Hotels is launching the MainStay Suites brand in Australia whilst targeting long-stay travellers across 7 regional properties. LINK
OpenAI will co-develop custom AI chips with Broadcom and build 10GW of data centre capacity whilst expanding its infrastructure by 2029. LINK
Star Entertainment received a final $67M payment from Bally’s as part of a $300M bailout ahead of likely ownership changes. LINK
ABC Radio Sydney increased its audience across all shows in its sixth ratings survey whilst Triple J hit its best Sydney figures since 2023. LINK
Genesis Energy raised its FY24 earnings forecast to $400–$428M after strong Q1 results driven by favourable hydro and wind output. LINK
Ansell reported a limited data breach via third-party software whilst confirming operations were not disrupted. LINK
Google has committed over US$15B to expand data centre infrastructure in India as it strengthens its presence in a fast-growing digital market. LINK
ONE MORE SCROLL
Editor’s Pick: AI-generated “workslop” Is destroying productivity.
Draft Pick: Nathan Buckley joins Cats coaching staff.
Odd Pick: MrBeast defends trapping man in burning building for $500,000.
TOGETHER WITH

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BRAINTEASER

The matchstick puzzle above currently reads ’11 + 11 = 60′. Your challenge is to move just one matchstick to make the equation correct. You cannot turn the equals sign into an inequality sign.
Answer below