Audio streaming service Spotify is now officially the largest music company in the world after going public yesterday, however while the market has valued the company at 25 billion dollars it has yet to turn a profit and is likely to operate in the red for some time to come.

Spotify’s problem is that the income it brings in from subscriptions and advertising does not exceed the cost of licensing the vast library of content that makes the service so attractive to consumers.

Channel 10 has been slammed as ‘bottom-feeders’ by Cricket Australia after the company submitted a multimillion dollar offer for a 5 year deal to broadcast Australian cricket in a joint bid with Channel Nine.

Cricket Australia Chairman David Peever has called out the station calling Ten’s bidding tactics ‘appalling’ and believes it borders on uncompetitive designed to drive the price down.

Major sporting codes rely heavily on broadcast deals to pay players, fund grassroots sport and administration meaning much is at stake for Cricket Australia.

Parents and early childhood educators have voiced their concerns about the modern day classrooms, following the decline of play-based learning.

They blame NAPLAN testing and the pressure of success for the decline, with kindergarten and pre-school students now learning at a level equivalent to a year 2 class 25 years ago.

Two bureaucrats who were heavily involved in procuring 4.4 billion dollars worth of dodgy trains in Queensland have been promoted to senior positions in State Government.

Dave Stewart and Neil Scales, the heads of department for the disastrous North Queensland Rail fleet, now hold the position of Director General of Premier Annastacia Palaszczuk’s Department of Premier and Cabinet and Director General of the Department of Transport and Main Roads respectively.

Queensland Premier Annastacia Palaszczuk is moving to stop an interstate trade that sees more than a million tonnes of waste a year generated by NSW dumped across the border.

The state looks set to reintroduce a waste levy that will increase charges on every tonne of waste that isn't recycled, as Ipswich City continues to be inundated with waste from Sydney and other parts of NSW.

The families of Rohingya Muslims who fled the country via boat to Malaysia say Myanmar authorities have threatened to arrest them for allowing their relatives to leave Myanmar’s troubled Rakhine state.

56 Rohingyas left Rakhine state on a wooden boat on or around March 25, stopping briefly in Thailand before being intercepted in Malaysia.

Facebook has announced that the personal data of 87 million users, mostly in the United States and United Kingdon, may have been improperly obtained by British political consulting firm Cambridge Analytica, 37 million more users than has previously been estimated. 

These new figures were revealed by Facebook’s Chief Technology Officer Mike Schroepfer in a recent announcement of improvements to the platforms privacy tools.

Australian scientists are one step closer to developing new pain relief drugs from chemicals, known as conotoxins, used by venomous sea snails to immobilise and kill their prey.

Professor of pharmacology at the University of Sydney, Macdonald Christie said indications suggest conotoxins are more effective than opioids and cannabinoids, have fewer side effects and the additional benefit of treating the cause of pain.

A shark has interrupted a police operation in Australia’s most renowned shark habitat off the coast of South Australia.

The South Australian police were administering a random breath test to the owner of a recreational fishing vehicle when the shark gilded between the boat and the police dinghy.

The shark had been circling the fishing boat prior to police arrival and after waiting for the shark to pass, police abandoned their breath test allowing both boats to depart to safety.