Microsoft slashes jobs as investors question global AI investment

Microsoft slashes jobs as investors question global AI investment

In this episode of SBS On the Money, Ricardo Gonçalves speaks with Piers Bolger, Chief Investment Officer at Infinity Asset Management, about the Australian sharemarket’s decline, the impact of Microsoft’s latest job cuts and whether global companies are overinvesting in AI.

Ronaldo's farewell, Folarin Balogun's FIFA-red card controversy, US World Cup exit

Spain defeats Portugal 1-nil, as Cristiano Ronaldo played his last World Cup match. Belgium win 4-1 against host nation USA, which means all host nations, including Canada and Mexico are out of the FIFA World Cup 2026™ tournament. US President Donald Trump admits he personally intervened with FIFA over US player Folarin Balogun's previous red card suspension. Human rights group FairSquare calls for his intervention over this issue to be investigated as a breach of FIFA's rules on political neutrality. But FIFA President Gianni Infantino says the disciplinary committee is independent and he had no involvement in the decision. Join your host Haylena Krishnamoorthy for this episode of World Cup Daily | The 90+ Podcast, as she talks to sports law expert to discuss the red card controversy, and Article 27. World Cup Daily | The 90+ Podcast is SBS's daily FIFA World Cup 2026™ podcast covering the biggest stories on and beyond the pitch. In this episode: Spain defeats Portugal 1-nil, Cristiano Ronaldo played his last World Cup match * Belgium win 4-1 against host nation USA * All host nations - USA, Canada and Mexico out of the tournament * US President Donald Trump admits he personally intervened with FIFA Fifa over US player Folarin Balogun's previous red card suspension * Human rights group calls for US President's intervention over this issue to be investigated as a breach of FIFA's rules on political neutrality * FIFA President Gianni Infantino says the disciplinary committee is independent and he had no involvement in the decision. From unforgettable moments, match highlights, emerging stars, FIFA politics, major controversies and the stories shaping the tournament, The 90+ brings you the key talking points from the FIFA World Cup 2026™ every day. For more on this series, follow The 90+ Podcast [https://www.sbs.com.au/news/podcast/world-cup-daily-the-90-podcast]. Get daily updates on the SBS News website [https://www.sbs.com.au/news] and follow SBS Sport on YouTube [https://www.youtube.com/sbssportau], TikTok [https://www.tiktok.com/@sbssportau], X [https://x.com/SBSSportau], Instagram [https://www.instagram.com/sbssportau] and Facebook [https://www.facebook.com/sbssportau/] for all the latest from the FIFA World Cup 2026™. The FIFA World Cup 26ᵀᴹ [https://www.sbs.com.au/sport/fifa-world-cup-2026/how-to-watch] kicks off on June 12 (AEST) - with coverage starting for the tournament opener between Mexico and South Africa from 4am (AEST) - and will be an exclusive broadcast on SBS in Australia. You can watch all 104 matches of the FIFA World Cup 2026™ live, free and exclusive on SBS [https://www.sbs.com.au/sport/fifa-world-cup-2026], SBS VICELAND and SBS On Demand [https://www.sbs.com.au/ondemand/fifa-world-cup-2026].

Prime Minister Anthony Albanese continues his diplomatic push through the Pacific

Prime Minister Anthony Albanese has set an ambitious timeline for a comprehensive new treaty with the Solomon Islands, saying he'd like to see it completed by the end of this year. It's part of a diplomatic push across the region, following landmark deals with Fiji, PNG, Vanuatu and Indonesia. This comes amid rising concern over China's role in the region - underscored this week by military drills.

'We should be concerned': Scientists warn onset of El Niño could wreak global havoc

From Europe to the Pacific, extreme weather events are devastating communities and wildlife across the globe as scientists warn of a strengthening El Niño . With the weather system predicted to rapidly emerge in the coming months, experts say no region is immune to the deepening crisis. From Europe to the Pacific, extreme weather events are devastating communities and wildlife across the globe as scientists warn of a strengthening El Niño . With the weather system predicted to rapidly emerge in the coming months, experts say no region is immune to the deepening crisis.

INTERVIEW: NITV speaks to Richard Frankland about this year's Elder in Residence Oration

A WARNING THAT THIS INTERVIEW CONTAINS REFERENCES TO AN INDIGENOUS PERSON WHO HAS DIED Respected Aboriginal writer, activist and filmmaker Richard Frankland has delivered this year’s Elder in Residence Oration, an annual talk which invites reflection on First Nations issues. The Gunditjmara man has previously served in the Army and worked with the Royal Commission into Aboriginal Deaths in Custody. He is encouraging all Australians to keep truth telling, justice and unity front of mind this NAIDOC Week, telling NITV that truth-telling is essential for Australia's growth as a nation. A WARNING THAT THIS INTERVIEW CONTAINS REFERENCES TO AN INDIGENOUS PERSON WHO HAS DIED Respected Aboriginal writer, activist and filmmaker Richard Frankland has delivered this year’s Elder in Residence Oration, an annual talk which invites reflection on First Nations issues. The Gunditjmara man has previously served in the Army and worked with the Royal Commission into Aboriginal Deaths in Custody. He is encouraging all Australians to keep truth telling, justice and unity front of mind this NAIDOC Week, telling NITV that truth-telling is essential for Australia's growth as a nation.