Media Roundup: Guardian exits, Nine reshuffles, TikTok’s fate and Netflix’s Aussie true-crime drama

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Guardian Australia hit by newsroom exodus

Guardian Australia’s newsroom is seeing a wave of exits, with chief political correspondent Paul Karp the latest to announce his departure.

As reported by Daanyal Saeed in Crikey, Karp is leaving the Canberra bureau to return to Sydney where he will work as the NSW political correspondent for The Australian Financial Review.

His move follows other recent exits, including foreign affairs and defence correspondent Daniel Hurst, political reporter Amy Remeikis, and veteran parliamentary photographer Mike Bowers. The shake-up comes after Karen Middleton, formerly of The Saturday Paper, stepped in as political editor earlier this year.

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Social

TikTok faces US ban showdown: What’s next?

TikTok’s fate in the US hangs in the balance, with a 19 January ban looming unless ByteDance, its Chinese parent company, secures a Supreme Court intervention.

Yesterday, Mediaweek reported Elon Musk was even considering buying the platform, with Chinese officials allegedly considering selling the platform to Musk as a way to avoid an outright ban in the US.

As reported by Tom Gerken and Liv McMahon in the BBC Even if the Supreme Court sides with Congress and lower courts, calling TikTok a national security risk, the question remains: will Americans find ways around the ban? And could incoming President Donald Trump, who has voiced opposition to the law, intervene despite legal roadblocks?

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Television

Amanda Laing to steer Nine’s broadcast in leadership overhaul

Nine Entertainment is handing its broadcast reins to former Foxtel executive Amanda Laing in a major shake up to boost audience reach and revenue, Zoe Samios writes in The Australian Financial Review.

Departing in the restructure are chief marketing officer Liana Dubois and Stan CEO Martin Kugeler.

Acting CEO Matt Stanton says the restructure will help Nine navigate tough market conditions and deliver more value across its platforms.

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Streaming

Netflix unveils trailer for Aussie true-crime series on Belle Gibson

Netflix has released the first trailer and locked in the premiere date for Apple Cider Vinegar, its gripping Australian true-crime drama about disgraced wellness influencer Belle Gibson.

Gibson, who rose to fame claiming an all-natural lifestyle cured her (nonexistent) cancer, is brought to life by Booksmart and No One Will Save You star Kaitlyn Dever.

Filmed in Melbourne, the series dives into the shocking story behind Gibson’s social media empire and its eventual collapse, which was uncovered by The Sydney Morning Herald.

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Telecommunications

Telstra dives into AI with $700m Accenture partnership

Telstra will invest $700 million in artificial intelligence, teaming up with consultancy giant Accenture in a seven-year joint venture.

As reported by David Swan in The Sydney Morning Herald, the initiative will see the telco streamline its 18 existing data and AI providers down to just two while developing bespoke AI tools.

The move follows a surge of interest in AI investments, with Macquarie recently announcing plans to pour up to $8 billion into data centres through a partnership with US-based Applied Digital.

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Business

ASX 200 live: Rio’s flat Pilbara result; Star, Dec jobless data in focus; oil surges; US CPI, bank results buoy Wall St

The Australian’s David Rogers and Valerina Changarathil report that the ASX 200 is set to rise, with futures up 1.3% to 8304 points, following Wall Street’s strong performance overnight. The S&P 500 gained 1.8%, the Nasdaq jumped 2.5%, and the Dow Jones rose over 700 points (1.7%).
US 10-year bond yields settled near 4.65% as bond market sentiment turned bullish, while UK bond yields tumbled after softer US core inflation data and a report showing British inflation cooled at the end of last year. Oil prices surged, with Brent crude climbing 3% to $US82 per barrel and WTI up 3.5% to $US79 per barrel. In local news, Rio Tinto’s iron ore shipments were hit by high prices and low output, while rising oil prices are expected to boost energy stocks. Additionally, the jobless rate is predicted to have ticked up to 4% in December, and Star Entertainment staff have criticised executive bonuses.

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Pictured: Actress Kaitlyn Dever as Belle Gibson in ‘Apple Cider Vinegar’

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