10 things you need to know this morning in Australia

Victor Jorgensen/US NavyA US sailor and a woman kiss in New York’s Times Square, as people celebrate the end of World War II, August 14, 1945.

Good morning.

1. Mark Zuckerberg was roasted in a report of a British parliamentary committee, which accused Facebook of acting like “digital gangsters,” and the CEO of “contempt” after he failed to show up to give evidence, as well as a spectacular leadership failure.

2. The Australian dollar rally has stalled again. The Aussie followed a predictable pattern on Monday, lifting in Asia before falling towards the close. Although there was no clear catalyst to explain the Aussie’s abrupt reversal. At 7.55am AEDT, the Aussie was down 0.10% to 0.7132.

Investing.comAUD/USD Hiurly Chart

3. Global debt is not yet at financial crisis levels — but could be set for an explosion with China leading the way. More here.

4. This is big. Australia’s major political parties were hacked just months out from a federal election. Prime Minister Scott Morrison said authorities found the political party breaches while investigating a cyber attack on the Federal Parliament’s computer network. “Our security agencies have detected this activity and acted decisively to confront it. They are securing these systems and protecting users,” Morrison said. More here.

5. ICYMI: Woolworths has axed $1 milk. The Australian supermarket giant will stop selling $1-a-litre milk, a product of a seven-year dairy price war with rival Coles, in order to help restore dairy farmers’ commercial viability. See the new prices here.

6. New iPhones will be able to charge other devices. That’s just one of the predictions made by one of the most closely followed and respected Apple analysts, Ming-Chi Kuo. In a recent investor note, Ming-Chi Kuo revealed his predictions for Apple’s 2019 products. See what they are here.

7. Oops. Google Maps accidentally exposed Taiwan’s secret missile sites to the public. The Taiwanese National Security Bureau, the Military Intelligence Bureau, and a previously secret Patriot missile base, were among the defence infrastructure revealed in the blunder.

8. The AI market might be booming but the industry still has a long way to go. In a recent interview with Business Insider, Yann LeCun, chief AI scientist for Facebook AI Research said giving machines “common sense” to learn about the world through data will be a big area of research over the next decade. Here’s what else learned about the future of AI.

9. Looking for some solid career advice? How about this: “The most fulfilling journeys are ones where people are really honest with what they love, what they’re good at, and where they see a big need.” That comes from Gusto COO and ex-Googler Lexi Reese, who has used the same approach every time she’s decided to switch jobs for the last 20 years.

10. RIP. The sailor in iconic photo of a couple kissing to celebrate the end of World War II has died at 95. George Mendonsa was photographed kissing Greta Zimmer Friedman, a dental assistant in a nurse’s uniform, on August 14, 1945, as people spilled into the streets of New York City to celebrate the day Japan surrendered to the US. They had never met before. “It was just somebody really celebrating. But it wasn’t a romantic event,” Friedman said later. It took years for the pair in the famous image to be identified.

BONUS ITEM: Almost like bulls in china shop, a herd of wild cows broke into a Hong Kong grocery store and started eating all its fruit and vegetables.

Meanwhile, we can’t believe how close those people standing round taking photos are to the animals. Have they not seen the Pamplona bull run?

Have a great day.

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