Yesterday
Fears the only way is down for hot tech sector in reporting season
Nervous investors and analysts are ready to punish any ASX-listed tech company that disappoints this earnings season.
- Exclusive
- Start-ups
Cannon-Brookes, Benioff-backed start-up lays off staff in US pullback
Loam Bio, a start-up that has raised more than $150 million from high-profile investors, has laid off the majority of its staff in the US.
This Month
Life360 shares hit all-time high, announces 70m users
Market darling Life360 continued its share price rally on Friday after lifting its revenue and earnings guidance for the full year.
Coalition claims ‘$1 billion captain’s pick’ as PsiQuantum answers emerge
New information reveals the Commonwealth engaged in a lengthy due diligence process before making a $1 billion bet on PsiQuantum.
- Exclusive
- AI
This Aussie unicorn is paying millions for a chief AI officer. Should you?
SafetyCulture is on the hunt for its first AI boss as companies scramble to find executives to help unlock billions of value from the hot technology.
Atlassian founders $3.8b poorer as market punishes revenue miss
Slowing revenue growth has dampened Scott Farquhar’s final showing as co-CEO of Atlassian.
Gold medals to bottom rung: The tough switch from Olympics to business
Moving onto work wasn’t easy for Rob Scott, Kieran Perkins or fellow medallist Rob Jahrling whose life story demonstrates resilience and focus any business would prize.
July
- Exclusive
- Funding
How Melbourne start-up’s gamble created a $34m business
A risky plan to cut off a $4 million revenue stream and rebuild their software company has paid off handsomely for two Melbourne-based tech entrepreneurs.
Why investors see an opportunity in CrowdStrike shares
Australian stock pickers say a plunge in CrowdStrike’s shares after it caused a global outage represents a buying opportunity, with slim cyber pickings on the ASX.
Global IT chaos triggered by software glitch eases slightly
The impact of what’s being called the most spectacular IT failure the world has ever seen is expected to take at least several days to tally.
- Updated
Microsoft may have just become Canva’s most dangerous rival
The world’s biggest software company has debuted an AI-powered design app, presenting Canva with a deep-pocketed rival.
‘Not good enough’: Blackbird admits its gender pledge has stalled
Australia’s largest VC fund pledged to track data to support its rhetoric around investing in more women founders. Its first report shows it has gone backwards.
- Exclusive
- Funding
Construction start-up lands mega $105m deal
Melbourne software company HammerTech has landed a $105 million investment from Californian private equity shop Riverwood Capital.
- Exclusive
- Funding
Sydney VC raises $20m in four days for ‘evergreen’ fifth fund
Early-stage software investor EVP’s fifth fund is targeting an underserved segment of the Australian capital market, and pulled in $20 million since last Thursday.
Short sellers target Aussie bitcoin miner Iren
Iren’s stunning share price rally has been derailed by a short seller’s report that said the bitcoin miner overstated its AI potential.
Medtech CurveBeam AI shares rally 15pc on upbeat sales
After its shares lost more than 66 per cent of their value, CurveBeam AI says sales for its medical imaging hardware are improving.
Queensland breaks ground on $5b transmission project
The CopperString project will eventually link the mining region of Mount Isa with the port city of Townsville via an 840-kilometre high-transmission line.
- Exclusive
- Start-ups
Mega VC deals are back - but new founders face a big problem
After an 18-month lull, funding is flowing back into start-ups, but in a two-speed sector, some are struggling to meet investors’ high expectations.
Leaving war-torn Ukraine was hard, then this AI worker tried Australia
Tech skills have been in red-hot demand for a decade, but skilled migration has cooled as numerous companies have shed staff in the so-called tech funding winter.
Big tech ordered to develop solutions to stop kids finding porn
The eSafety Commissioner has given internet companies six months to find a plan to stop kids stumbling across porn while searching for sites such as YouTube.
