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Rio Tinto and Contact plan to re-start fourth potline at Tīwai Point
Rio Tinto and Contact Energy have done a deal to support the restart of the fourth aluminium potline at the Tīwai Point smelter.

The parties have signed a non-binding letter of intent (LOI) for a power purchase agreement to support the restart of line four, which has been idle since 2020. ⌘ Read more

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QuiznessDesk, Wednesday, May 27
Which range of hills forms a natural border between Scotland and England?
Titan and Pandora are moons of which planet?
Which famous artist`s career stretched from 1895 to his death in 1973?
Which American president ordered the dropping of the first atomic bomb?
The song Moon River appeared in which 1961 film?
What does the word “forte” mean in music? Soft, fast or loud?
What colour is the Ferrari emblem’s background?
How many players make up a volleyball team?
W … ⌘ Read more`

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In a blink: BlinkPay proofs Kiwi real-time payments
BlinkPay has proved that real-time payments are possible in New Zealand by using the existing open banking infrastructure and a Bank of NZ account to execute a test transaction.

BlinkPay’s chief executive, Adrian Smith, said a successful test payment in March took just 2.6 seconds to complete, compared with expectations of up to 5 seconds. ⌘ Read more

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Arias: Human proof for FOSS contributions
Rodrigo Arias Mallo, maintainer of the Dillo web browser, has written a
blog post
with a proposal on one way to ensure that a contribution is written by
a human and not AI; he suggests asking new contributors to record
their programming session using asciinema.

In the same way that LLMs generate patches, they can also generate
the asciinema recordings themselves. Then, the contributors c … ⌘ Read more

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The long game: how F&P Healthcare shrugged off a 52-week low
Few New Zealand companies have grown their capital expenditure by 89% in a single year, and there would be even fewer who, having done that, have plans to grow it further.

It is all part of what Fisher & Paykel Healthcare (FPH) CEO Lewis Gradon sees as taking the longer-term view of thing … ⌘ Read more

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Meet Mark Zuckerberg’s right-hand man
By Meghan Bobrowsky

Tensions were running high at Meta Platforms.

For weeks, rumours circulated that the company was planning a large layoff as it poured tens of billions of dollars into artificial intelligence. Then, employees were told their keystrokes and mouse clicks would be recorded to help train AI agents to use computers. ⌘ Read more

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SRW’s solutions ride China’s longevity bid, skirt legal imbroglio
Biotechnologist Greg Macpherson’s healthy ageing solutions have proved lucrative for his Auckland-based wellness supplements business in China, but a court case involving his marketer has been a distraction.

Greg Macpherson is softly spoken, a little reserved. He sees himself as a super nerd, and that description seems apt for a man with a fixation on what makes mitochondria tick inside h … ⌘ Read more

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AI, job cuts and a very fragile mandate
In a week when the Government announced 8,700 public sector roles will go and AI will help fill the gaps, a lunchtime event at Parliament turned into something of a reality check on how fragile trust in AI has become in New Zealand.

One NZ’s second annual AI in Trust report, a nationally representative survey of 1,001 New Zealanders, shows 76% of us have interacted with AI-powered services in the past … ⌘ Read more

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Stenberg: The pressure
Curl maintainer Daniel Stenberg writes about\
the stress of keeping up with the current flood of security reports.

This is a never-before seen or experienced pressure on the curl
project and its security team members. An avalanche of high
priority work that trumps all other things in the project that is
primarily mental because we certainly could ignore them all if we
wanted, but we feel a responsibility, we have a conscience and we
are p … ⌘ Read more

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[$] Better automatic management of transparent huge pages
Huge pages can improve performance by increasing translation lookaside
buffer (TLB) utilization and reducing memory-management overhead.
Transparent huge pages (THPs) are supposed to make huge-page usage,
well, transparent, Nico Pache said at the beginning of his session in the
memory-management track of the 2026 Linux Storage,\
Filesystem, Memory Management, and BPF Summit. That transparency has
never worked as well as many wo … ⌘ Read more

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Security updates for Tuesday
Security updates have been issued by Debian (postorius and spip), Fedora (bind, bind-dyndb-ldap, linux-firmware, tor, and unbound), Mageia (ffmpeg, nginx, perl-Imager, and tigervnc, x11-server, x11-server-xwayland), Oracle (firefox and kernel), Red Hat (buildah, git-lfs, go-toolset:rhel8, golang, golang-github-openprinting-ipp-usb, grafana, grafana-pcp, gvisor-tap-vsock, java-1.8.0-openjdk, java-17-openjdk, java-21-openjdk, opentelemetry-collector, osbuild-composer, podman, rhc, rhc-wo … ⌘ Read more

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NZ sharemarket up 0.7% after strong results
Heavyweight Fisher & Paykel Healthcare surprised some commentators with another strong annual financial result, driving the New Zealand sharemarket higher by more than 0.7%.

The S&P/NZX 50 Index reached a morning high of 13,182.35 following Fisher & Paykel’s bumper release, then cooled off in the afternoon to close at 13,069.74, up 99.46 points, or 0.77%. ⌘ Read more

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GenomNZ win Science NZ top prize for decades of genetic livestock improvement
GenomNZ has picked up the supreme award at this year’s Science New Zealand Awards, as well as the success in innovation/commercialisation award.

The commercial animal DNA genotyping laboratory is part of the Crown Research Institute (CRiI) AgResearch, which has now been merged into the new Bioeconomy Science Institute (BSI). ⌘ Read more

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Straker suspended after suspected US employee fraud
Auckland translation technology company Straker has been suspended from trading on the Australian Securities Exchange after discovering suspected fraud at its United States subsidiary involving at least US$1.5 million (NZ$2.5m) and possibly more.

Straker requested the voluntary suspension on Tuesday, saying it had identified transactions totalling approximately US$1.5m that it was confident had been misappropriated … ⌘ Read more

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Ryman reset right for market conditions, CEO says
Retirement village and aged care provider Ryman’s reset of its model means it now has the flexibility to grow as property market conditions allow, but not the obligation, chief executive Naomi James says.

The operator of 47 villages, offering 9,959 retirement units and 4,686 aged care beds, decided two years ago to scale back development to focus on returns from existing assets, she said. ⌘ Read more

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EB Games reports $11.4m loss for NZ business as it winds down
Gaming and pop-culture retailer EB Games has released its latest financial report detailing the New Zealand arm’s demise, with the business reporting an $11.4 million loss for its last financial year.

EB Games announced it would be shutting down its New Zealand business and closing all its stores in January. ⌘ Read more

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Goodman NZ hikes 2026 profit, tips dividend rise
Goodman New Zealand has more than doubled its 2026-year profit on rises in property values and share of earnings from associates, as well as flagging a dividend hike for the current year.

“Our full-year 2026 financial results were delivered in line with guidance, reflecting strong performance across the business,” chief executive James Spence said. ⌘ Read more

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F&P Healthcare lifts dividend after tariff-defying profit rise
Fisher & Paykel Healthcare has lifted its total dividend for the year by 22% after posting a 24% rise in annual net profit after tax, even in the face of US tariffs.

The Auckland-based medical equipment manufacturer’s revenues rose 14% to $2.31 billion across the financial year, while ne … ⌘ Read more

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Electricity Authority introduces new rules for gentailers: non-discrimination obligations
The Electricity Authority has stuck to its guns and introduced non-discrimination obligations on the four gentailers when they deal with independent retailers.

The obligations (NDOs) require Contact, Genesis, Mercury and Meridian to supply risk management contracts (hedges) on an even-handed basis to all buyers, meaning they cannot favour their own … ⌘ Read more

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NZ King Salmon scales up after positive half
NZ King Salmon Investments has told investors that the fish firm is recovering on all fronts and that US tariffs are not slowing sales.

The company said net profit after tax for the six months to March 31 was $13.8 million. This compares with a net loss of $20.8m in the prior corresponding period to July 31, 2025. The … ⌘ Read more

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