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Adelaide-based Olympian was banned from driving for five years over Melissa Hoskins’ 2023 deathFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFormer professional cyclist Rohan Dennis faces a jail sentence after admitting he drove while disqualified over the events leading up to the death of his Olympian wife, Melissa Hoskins.A judge had previously warned the former Olympian he would be jailed if he drove while banned. Continue reading...

• The IMF has warned the UK against increasing public spending amid growing pressure to provide energy support for households. • The organization urges the government to ensure any aid is targeted and temporary, and offset by equivalent budget savings to maintain fiscal discipline. • This warning creates a potential conflict with the priorities of Burnham, who has indicated that cost-of-living support will be a primary focus upon entering Number 10.

• IBM shares plummeted 25% following a warning that corporate spending is shifting away from software toward artificial intelligence and cybersecurity. • Despite a strong Q1 where software revenue rose 11% to $7.05 billion and earnings beat estimates, the company admitted it has "faltered" as budgets are redirected. • This downturn threatens IBM's long-term strategy to reduce hardware dependence by leaning on software units like Red Hat for multi-cloud application management.

Effort is latest attempt to pass bill that seeks to ban mail-in ballots and imposes voter identification requirementsHouse Republicans on Wednesday made another attempt to answer Donald Trump’s demand for new restrictions on voting nationwide by linking the measure to an unrelated spending bill and passing both largely along party lines.The effort was the latest attempt by congressional Republicans to pass the Save America Act, which would ban mail-in ballots and impose new identification requirements on voters when they register and cast ballots. While the Trump administration has cast the bill as necessary to prevent non-citizens from voting and combat election fraud, voting rights advocates say there’s no evidence of widespread election tampering and warn the bill could disenfranchise swaths of eligible voters ahead of November’s midterm elections. Continue reading...

• IBM shares plummeted on Tuesday after CEO Arvind Krishna admitted that shifting priorities in the AI economy are negatively impacting the company's core business. • Krishna stated in a shareholder letter that IBM failed to anticipate the scale of capital expenditure reprioritization as clients pivot their spending. • The company noted that customers are increasingly distracted by urgent cybersecurity needs triggered by new AI-driven threats, further diverting resources.

• IBM warned that customers are shifting their budgets away from software and toward AI infrastructure, including servers, chips, and data centers. • This shift triggered a selloff in software stocks as investors worry that AI spending is squeezing traditional software budgets. • Market analysts, including IG Group's Chris Beauchamp, describe the situation as an "ugly moment" for the sector, highlighting a pivot toward cybersecurity and hardware.

• IBM reported an earnings miss, attributing the shortfall to a failure to adapt and move quickly enough in the evolving AI market. • The results indicate a shift in enterprise spending, where companies are cutting traditional software budgets to prioritize expensive AI hardware investments. • This financial pivot is forcing development teams to rely on open-source tools and build custom integrations rather than purchasing proprietary software.