Yesterday
Canva makes its pitch to take on Microsoft with an AI Excel rival
Canva has launched its biggest product update, including a move to take on the industry giant with a re-imagining of the Excel spreadsheet.
This Month
Westpac’s $50,000 call centre clash lands bank in PR nightmare
The lending giant thought it had detected a scam. But a customer is adamant he was denied access to his money with no explanation. And he’s gone public.
Cyber minister Tony Burke ‘radio silent’ on super breach: Coalition
The accusation comes after cybersecurity firms identified the details of thousands of Australian retirees for sale online.
Woolworths buys into telehealth consultations with $70m start-up
The supermarket giant’s pharmacy division has led a funding round in Hola Health, giving customers access to virtual doctor’s appointments and prescriptions.
Ramsay Healthcare chief says the age of AI care is coming
The CEO of Australia’s biggest private hospital operator has flagged greater AI adoption as a way to help improve services.
Microsoft pull-back casts doubts on local data centre boom
The CEO of data centre operator NextDC hoses down suggestions the sector is in for a correction but analysts warn of ‘AI fatigue’ across businesses.
How hackers struck super fund customers while they slept
The cyberattack that has robbed Australians of money from superannuation accounts began with criminals attempting to access accounts in the dead of night.
StrongRoom investors at war as founders hit with freezing orders
A European venture capital firm has accused EVP of destroying the prospects of the pharmaceutical software start-up after reporting the company to police.
March
AI company’s IPO fizzer a warning for Canva and Australian tech stars
The biggest US technology float since 2021, for artificial intelligence firm CoreWeave, fell flat on Friday. That has implications across the Pacific.
Labor bets $15m on using quantum technology to fight cyberattacks
The government’s National Reconstruction Fund is the lead investor in a funding round for Canberra-based QuintessenceLabs, which is also backed by Westpac.
PsiQuantum targets $9.5b valuation, handing Labor a potential windfall
The Silicon Valley-headquartered quantum computing start-up is heavily backed by the federal and Queensland governments, and is raising about $1.2 billion.
Former PwC colleagues’ tech firm lands $445m PE deal
PSG Equity has bought out most of Protecht, a 25-year-old Sydney software company.
‘No winners’: CEO of software giant SAP urges end to Trump tariff war
The head of the group, which lists clients such as Coles, Woolworths and Woodside, says all countries and businesses will lose if the trade war continues.
Hacker claims Oracle breach, sending business and agencies scrambling
Australia’s biggest companies rushed to check their systems after a hacker claimed to have stolen important credentials via tech giant Oracle.
14 venture capitalists unpack the year ahead
More than a dozen of the country’s biggest tech investors say floats will return, there’s no AI bubble, and Donald Trump may be good news for local firms.
Be afraid: Google’s new AI assistant will remember your search history
The tech giant has unveiled updated artificial intelligence tools, including a feature that learns from your web browsing, while OpenAI says the US will lose to China if it can’t use copyrighted work.
Scott Farquhar to succeed Robyn Denholm as Tech Council chair
The Atlassian co-founder is taking his first major role since stepping down from his company and will become Australia’s top tech lobbyist.
Investors hope for U-turn in Baraja fortunes after millions wiped out
Investors in former star tech start-up Baraja are waiting to see if a change of product direction can revive the tech company, before considering a sale of its assets
Wellness app Sonder secures $40m from Blackbird, Seek and Hostplus
The start-up said the round had left it with a “material uplift” on a $150 million valuation secured last year. It will use the money to expand overseas.
Swiss PE giant swoops on Australian data centre firm with $1.2b buyout
GreenSquare DC has secured a $1.2 billion deal with Swiss private equity giant Partners Group as deep-pocketed investors look for AI exposure.