September
- Exclusive
- Start-ups
Cannon-Brookes’ Startmate cybersecurity bet pays dividends
Startmate’s $35,000 stake in cybersecurity company Bugcrowd is now worth $2.1 million, delivering eye-popping returns for its billionaire backers.
Cannon-Brookes-backed Spaceship acquired in $80m deal
The superannuation fintech, backed by Airtree and Grok Ventures, has been bought by eToro in an all-scrip deal.
Star’s Queen’s Wharf comes to life – unless you want to shop or eat
It’s been dubbed a “multistaged opening” or, in other words, a work in progress. But the sight of hi-vis and faint smell of sawdust haven’t deterred visitors.
Why these tech companies’ M&A plans have stalled
It’s a tough environment for tech companies wanting to buy assets and grow. The disconnect between public and private markets is making it worse.
ASX hopeful Evolt 360 reveals plans to cash in on Ozempic boom
The founders of body scanning company are hoping to list on the stock market before Christmas, backed by investors including Regal, Soul Patts and Perennial.
How CrowdStrike’s outage became Australia’s big cyberattack rehearsal
Qantas chairman John Mullen got the “blue screen of death” while Telstra’s cyber chief Narelle Devine was in the pool sipping cocktails when she got the call that something was seriously wrong.
Tim Reed’s Potentia Capital snaps up Tokyo HR software start-up
The private equity firm says it is searching for more deals after buying Jinjer in a deal that is expected to value the business at $500 million.
- Updated
Why John Mullen wishes he’d paid a cyber ransom
When hackers targeted Qantas chairman John Mullen’s private maritime museum, he didn’t pay the ransom out of principle.
Regulators warn cyber reforms won’t provide immunity from prosecution
Home Affairs Minister Tony Burke has outlined changes that would provide some cover for companies to provide more information to agencies after a cyberattack.
- Exclusive
- Cyber Summit
ASIC pursues board directors over cyber breaches
ASIC says more investigations are underway, scrutinising how boards and directors have responded to cyberattacks.
Former Telstra cyber boss plots his unicorn’s return to Australia
Glenn Chisholm, Telstra’s first chief information security officer, has grown Obsidian Security into a $1 billion firm. Now he’s targeting his home market.
NextDC raises $750m for Asia land grab, racing AirTrunk
NextDC is cashing in on investors’ exuberance for data centres, raising $750 million to ride the euphoric mood set by its rival AirTrunk’s $24 billion deal.
How these parents keep their kids off social media
From “rubbish” phones to smartwatches and screen time bans, executives are trying to find ways to keep their kids off social media while still being able to be in touch.
Khuda sets $100b valuation target for AirTrunk’s next trick
Billionaire Robin Khuda has praised his own foresight in investing in data centres tailor-made for tech giants after creating a $24 billion business in less than a decade.
Could a kill switch help us control dangerous AI?
The government is calling for business responses to its plans to rein in the use of potentially dangerous forms of artificial intelligence.
Data centre owner Infratil revels in the AirTrunk effect
Shares in the CDC investor rose on Wednesday following AirTrunk’s $23.5 billion sale to a Blackstone-led consortium.
Robin Khuda is the ringleader of this year’s biggest M&A deal
The founder of AirTrunk has cashed in on the inexorable rise in demand for processing power and built a vast fortune on the rise of cloud computing.
Farquhar’s Atlassian era passes without a grand farewell
Co-founders Scott Farquhar and Mike Cannon-Brookes spent their final day of as co-CEOs working from home. Venture capitalists say Farquhar’s influence goes beyond Atlassian.
August
Ray Dalio to beta test an AI version of himself
Billionaire Ray Dalio created the world’s biggest hedge fund, now he’s recreating himself with AI to share his principles.
No sweetener for NextDC in AirTrunk’s $20b auction
The CEO of data centre group NextDC, Craig Scroggie, doesn’t expect AirTrunk’s sale to influence the way his company is valued by the sharemarket.