Shannon Molloy

2 weeks ago | news.com.au | Shannon Molloy

When the country’s largest homebuilder teetered on the brink of collapse a few years ago, the construction industry watched on in horror. How is it that a behemoth like Metricon, with 2500 staff and thousands of new dwellings in the pipeline, could find itself in such a dire position? As the beleaguered company battled to survive, Brad Duggan was brought in as chief financial and operating officer in mid-2022 and was promoted to chief executive less than a year later.

2 weeks ago | news.com.au | Shannon Molloy

I feel like I’ve just been reunited with a long-lost dear friend. She’s standing inside the door of a Thai Airways plane, dressed head-to-toe in a stunning purple and gold Ruean Ton and sporting the warmest smile I’ve ever seen on a stranger. “Welcome aboard, Mr Molloy,” she smiles, gently escorting me to my seat in the pointy end of the Airbus A350-900.

2 weeks ago | news.com.au | Shannon Molloy

Each of home furnishing giant IKEA’s 12,000 products has passed through a fairly typical-looking three-storey office block in a tiny town in Sweden’s south. The top secret product development laboratory is where an army of engineers and designers comes up with a host of new future concepts, from beds, couches and tables to lamps, speakers and air purifiers. “Magic happens here,” Fredrika Inger, managing director of IKEA of Sweden, declares.

2 weeks ago | news.com.au | Shannon Molloy

The latest form of cutting-edge artificial intelligence technology suffers “fundamental limitations” that result in a “complete accuracy collapse”, a bombshell report from Apple has revealed. Researchers from the tech giant have published a paper with their findings, which cast doubt on the true potential of AI as billions of dollars are poured into developing and rolling out new systems.

2 weeks ago | news.com.au | Shannon Molloy

A pair of New Zealand yachters hoping to explore pristine island paradises off the coast of Queensland were left horrified by the “eerie” scenes they discovered. Decaying and crumbling buildings, swimming pools filled with garbage, debris strewn across sandy beaches and other sad “skeletons” of once-thriving resorts. Anna and Angus Willson set off on a circumnavigation in mid-2023, heading north to Noumea in New Caledonia before heading east to Australia.