Latest
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- E-commerce
Blackbird, BigCommerce founder back Brisbane 20-year-old’s start-up
Jack Bloomfield, the youngest member of the Australian Institute of Company Directors, has won backing from VCs for Disputify, his refund fraud detection platform.
- Yolanda Redrup
Nomura explores the metaverse in digital push to lift profit
Nomura’s plans for the metaverse are part of a wider digital push, which Chief Executive Officer Kentaro Okuda has called a “critical part” of the brokerage’s expansion into private markets to bolster profit.
- Takashi Nakamichi and Takako Taniguchi
Terra to pay back ‘small investors’ with remaining $120m
The organisation behind the terraUSD collapse says it will pay ‘small investors’ back with its remaining $US85m, as algorithmic stablecoins elsewhere wobble.
- Jessica Sier
GetSwift drops appeal over loss to ASIC
The former market darling has told Canadian investors it is undertaking a strategic review, including a potential sale or offloading of assets, as the company and directors drop an appeal against a court loss to the corporate regulator.
- Max Mason
China economy tsar vows to back tech firms after crackdown
Vice Premier Liu He’s remarks were short on detail but signal further easing of the regulatory risk for China’s technology behemoths.
- Bloomberg News
All those celebrities pushing crypto are not so vocal now
Famous boosters such as Matt Damon, Reese Witherspoon and Gwyneth Paltrow have been criticised for helping drive vulnerable fans to invest in crypto without emphasising the risks.
- Tiffany Hsu
Opinion & Analysis
Why Elon Musk and Twitter CEO are sparring over bots
Elon Musk says fake users make up at least 20 per cent of all Twitter accounts, possibly as high as 90 per cent. Twitter disagrees.
Contributor
Fake Twitter accounts are old news, and Musk knows that
The Tesla CEO will have trouble using this issue to renegotiate his $US44 billion bid for Twitter.
Contributor
Google is sharing our data at a startling scale
Each time you open an app on your phone or browse the web, an auction for your eyeballs is taking place behind the scenes thanks to a thriving market for personal data.
Contributor
How Wesfarmers bungled the Catch opportunity
In 2019, Wesfarmers’ $230 million purchase of Catch from Gabby and Hezi Leibovich seemed great for all concerned, but it fluffed its COVID-19 boost and should now sell it back.
Columnist
Technology reviews
Is it kinky to love an exercise machine this much?
With the NordicTrack Commercial 2950, earth is spinning under your feet, the wind is blowing beneath your wings... all you have to do is hold on.
- John Davidson
- Opinion
- Review
What happens when management consultants make Bluetooth earbuds?
The Technics EAH-AZ60 in-ear headphones sound great. But they wouldn’t blitz every quadrant of the product matrix.
- John Davidson
This Month
Musk raises prospect of lower price for Twitter deal
The comments at the All-In Summit in Miami came three days after the Tesla founder declared on Twitter that he was putting the deal “on hold”.
- Richard Waters, Hannah Murphy and Patrick McGee
Why Elon Musk and Twitter CEO are sparring over bots
Elon Musk says fake users make up at least 20 per cent of all Twitter accounts, possibly as high as 90 per cent. Twitter disagrees.
- Hannah Miller
- Opinion
- Mergers & acquisitions
Fake Twitter accounts are old news, and Musk knows that
The Tesla CEO will have trouble using this issue to renegotiate his $US44 billion bid for Twitter.
- The Lex Column
- Exclusive
- Funding
Breakthrough Aussie AI software firm banks $35m
Clear Dynamics, an Aussie software firm that lets organisations build modular tech systems to be put together like LEGO bricks has closed a $35m funding round.
- Paul Smith
- Exclusive
- Funding
Blackbird, Square Peg team up on first seed deal since Canva
QR code-based digital business card start-up Blinq has scored $5 million from the two venture capital funds.
- Yolanda Redrup
‘Massive point of difference’: tech leaders back Labor
Technology bosses say the ALP is outgunning the government on innovation policy, urging the Coalition to find its voice and its chequebook to support growth.
- Paul Smith and Yolanda Redrup
- Exclusive
- Venture capital
Young Rich Lister says more founders should take cash off the table
Australia’s first secondary VC fund, SecondQuarter, is raising more than $100 million for its new fund and has appointed A Cloud Guru’s Sam Kroonenburg as venture partner.
- Yolanda Redrup
- Opinion
- Privacy
Google is sharing our data at a startling scale
Each time you open an app on your phone or browse the web, an auction for your eyeballs is taking place behind the scenes thanks to a thriving market for personal data.
- Parmy Olson
- Sponsored
- Adobe
Why tech is all about the customer
Once was a time when beleaguered treasury departments at corporations went cap in hand to sceptical boards to convince them of the value of embarking on a difficult – and oftentimes expensive - IT journey.
Sponsored
by Adobe
- Opinion
- Mergers & acquisitions
How Wesfarmers bungled the Catch opportunity
In 2019, Wesfarmers’ $230 million purchase of Catch from Gabby and Hezi Leibovich seemed great for all concerned, but it fluffed its COVID-19 boost and should now sell it back.
- Updated
- Adir Shiffman
Brace for sustained crypto bear market, experts warn
Investors are steeling themselves for a prolonged downturn in cryptocurrency prices, as higher interest rates and last week’s collapse of a widely used stablecoin rock confidence.
- Jessica Sier
- Exclusive
- AI
Origin to use AI to encourage rooftop solar panel sales
Origin Energy has developed new software to use aerial photography and AI algorithms to tell home owners how much power they could generate with solar panels.
- Tess Bennett
Digital sneakers let you earn crypto while you walk
If you want to experience StepN, the latest app crypto investors are talking about, you have to be willing to fork out almost $1000 for a pair of digital sneakers.
- Yolanda Redrup
TerraUSD rout is crypto’s ‘Lehman Brothers moment’: Mark Carnegie
High-profile Aussie investor Mark Carnegie has described last week’s collapse of the terraUSD stablecoin and subsequent carnage in cryptocurrencies as a “Lehman Brothers moment” for the sector that will create opportunities for shrewd investors and savvy web3 operators to thrive.
- Paul Smith
- Exclusive
- Funding
Westpac fund backs start-up that enables AI phone calls
Curious Thing has built artificial intelligence to let bots call customers and handle simple inquiries. Westpac’s Reinventure VC fund is among its backers.
- Paul Smith
- Analysis
- Mergers & acquisitions
Why is Elon Musk really putting his Twitter deal ‘on hold’?
Some analysts have interpreted Musk’s manoeuvre as an attempt to force Twitter back to the negotiating table to get a cheaper deal as tech stocks cool, or to find a way to pull out.
- James Fontanella-Khan and Hannah Murphy
Twitter’s bot problem may not be enough to let Musk off the hook
Elon Musk said in a tweet at the weekend that the deal was temporarily on hold pending an inquiry into the number of ‘spam-fake’ accounts that exist on Twitter.
- Reed Albergotti
Elon Musk sows doubt over his Twitter takeover
Elon Musk tweeted his bid was “temporarily on hold”, with Twitter’s shares dropping on concern the billionaire may be seeking to renegotiate or walk away from the deal.
- Giles Turner
A week of terra: behind the collapse of a $26b stablecoin
The collapse of terra coin has sent shockwaves through the market. This is how it happened.
- Jessica Sier and Jonathan Shapiro
CVC tips into IT consulting business Cloudwerx
CVC Emerging Companies’ second fund has invested $7 million in mid-market Salesforce consulting business Cloudwerx, becoming its sole external shareholder.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
