Facebook made history with having the biggest stock-market wipeout in American history, with their shares plummeting 20 per cent of their value on Thursday, translating to about a 124 billion dollar decline in market capitalisation.

The collapse came after 16 brokerages cut their estimated price targets on Facebook, after the Chief Financial Officer David Wehner startled analysts by saying that Facebook is expected to suffer long-term profit margin reduction.

Former Pakistan cricket legend turned opposition member, Imran Khan, claimed victory on Thursday in the country's elections, in spite of poll rigging accusations.

While results are still being tallied, Khan’s supporters have taken to the streets to celebrate winning an election that opponents have said the Pakistani military rigged in his favour.

Secretary, Babar Yaqoob, said that the election was conducted in a fair and free manner, adding that observers from a European Union mission were included in the voting process.

Fairfax Media is set to be taken over by Nine Entertainment under a deal that has the support of the current prime minister but not by former prime minister, Paul Keating.

Nine's chief executive, Hugh Marks, vowed to maintain Fairfax's independence after his company announced the merger on Thursday morning, but his words were dismissed by Keating, who accused Fairfax's board of management of selling out.

Researchers at the University of Newcastle are charting Colonial Frontier Massacres that were verified and recorded from 1788 to 1930.

The study currently has 250 confirmed massacres, however this number could double to 500 by the end of the investigation.

Historian Lyndall Ryan said documenting the massacres was important to determine how violent Australia’s frontier history actually was.

Queensland Rail has slashed more than half-a-million dollars from its train drivers' annual overtime bill.

Since the 2017-2018 financial year, the driver overtime bill has decreased by 4.3% from the previous year, with worked overtime hours also decreasing by 8.2%.

The Strachan inquiry revealed these decreases are due to Queensland Rail train drivers performing unsustainable hours of overtime, which contributed to widespread train cancellations.

A Sea World rescue team has saved a humpback whale off the coast of North Stradbroke Island, after being alerted to a large adult whale which was wrapped in rope and buoys.

The whale, which was partially untangled on Tuesday, had been dragging commercial fishing tackle all the way from northern Victoria.

Marine scientist Trevor Long said the rescue team had been unable to remove some of the tackle and rope, which was caught behind the whales pectoral fin.

New Zealand has passed a bill to give domestic violence victims ten days of paid leave on top of existing holiday and sickness entitlements.

A serious piece of  information indicates that ‘criminal acts’ are to blame for the fires in Greece that have resulted in the death of 82 people.

A single mother has spoken out about the shame and humility she feels when using her cashless welfare card supplied by Centrelink.