Latest
HESTA says WiseTech’s new director ‘falls short’ of expectations
The industry superannuation major is concerned that the logistics software giant has appointed its former chairman as lead independent director.
EVP issues ill-timed capital call amid StrongRoom AI fiasco
Sources suggested EVP would have been better off delaying the capital call until it had better clarity on the recoverability at StrongRoom AI.
Boston’s PSG Equity comes calling for Melbourne software biz Uptick
PSG is an exciting addition to the bidder pool for Australian technology businesses, alongside regulars such as EQT Partners and Potentia Capital.
OpenAI finalises biggest ever tech funding round at $US300b valuation
The ChatGPT maker has closed the largest private funding round in history, at $US40 billion, led by Japanese investor SoftBank.
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.
Inside StrongRoom’s breakneck trip from hero to zero
Three months ago, the pharmacy software start-up was on top of the world. New investors, plenty of blue sky. Then came the allegations from its new backers.
Opinion & Analysis
Ecovacs’ Deebot X8 Pro does a stellar job cleaning, until it doesn’t
Dirt isn’t the only thing robovacs need to handle nowadays – they must have the capacity to cope with complexity, too.
Columnist
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.
Technology editor
Fancy a robot to clean your windows? This one will give it a shot
It’s early days in the advent of window-cleaning robots, and they don’t do a terrific job. But Ecovacs’ Winbot W2 Pro Omni doesn’t do a bad job, either.
Columnist
WiseTech’s fully fledged governance crisis is only just beginning
Richard White is back in control, but the countdown is on for the logistics software giant to avoid the ASX’s wrath. So who will agree to sit on its board?
Associate editor
Technology reviews
Ecovacs’ Deebot X8 Pro does a stellar job cleaning, until it doesn’t
Dirt isn’t the only thing robovacs need to handle nowadays – they must have the capacity to cope with complexity, too.
Fancy a robot to clean your windows? This one will give it a shot
It’s early days in the advent of window-cleaning robots, and they don’t do a terrific job. But Ecovacs’ Winbot W2 Pro Omni doesn’t do a bad job, either.
More From Today
Ecovacs’ Deebot X8 Pro does a stellar job cleaning, until it doesn’t
Dirt isn’t the only thing robovacs need to handle nowadays – they must have the capacity to cope with complexity, too.
Yesterday
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.
WiseTech investors say they want new CEO, but back White
A shareholder sentiment survey came as the software giant said former chairman Andrew Harrison would return as lead independent director.
Fancy a robot to clean your windows? This one will give it a shot
It’s early days in the advent of window-cleaning robots, and they don’t do a terrific job. But Ecovacs’ Winbot W2 Pro Omni doesn’t do a bad job, either.
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.
March
StrongRoom AI goes into administration two weeks after $70m valuation
The future of the software start-up, which will be put up for sale, has been in doubt since EVP, a venture capital investor, raised doubts about its finances.
Musk’s xAI buys social media platform X for $71.5b
In a post on X, Elon Musk said the futures of his artificial intelligence venture and X are “intertwined”.
Lenders move on StrongRoom AI’s bank accounts amid police inquiries
The pharmacy software start-up was accused of financial misrepresentation by one of its newest and largest venture capital investors earlier this week.
WiseTech’s fully fledged governance crisis is only just beginning
Richard White is back in control, but the countdown is on for the logistics software giant to avoid the ASX’s wrath. So who will agree to sit on its board?
Conspiracy theorist in your life? Sit them down with ChatGPT
New research has shown that generative AI is better than a human interlocutor at getting somebody to change their mind.
How Reddit became the nicest place on the internet
Once an outpost of revenge porn and racism, the 20-year-old site’s daily usership has surged as its humanity stands out from the AI-driven competition.
I thought there was nothing new to learn about Facebook’s moral bankruptcy. I was wrong
A controversial new book about Facebook serves as a window into our current moment, a field guide to tech autocracy.
Used car refurbisher and dealer Carma hopes to break the IPO drought
Should it proceed with an initial public offering, it would counter a trend of venture-backed companies delaying listings for years or even indefinitely.
AustralianSuper sells $580m stake in WiseTech, takes swipe at board
The country’s largest super fund has been one of the logistics software giant’s largest shareholders. It says the company had “not met our expectations”.
Microequities AM buys stake in edtech Global IT Factory
It marks the first time that Global IT, founded a decade ago, has taken external capital.
Global turbulence puts Australia at critical sustainability crossroads
Australia is navigating a delicate balance between economic recovery and its commitment to net zero.
Sponsored
by Schneider Electric
Future-proofing processes: the evolving role of the CFO
The role of the chief financial officer is undergoing a dramatic shift.
Sponsored
by BlackLine
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.
Forget Truth Social, Trump is making people flock to Reddit
The erstwhile ‘front page of the internet’ has, at 20 years old, regained relevance as public servants threatened with the sack use it to share information.
DNA for sale as gene testing firm 23andMe goes bankrupt
The company, which provides medical and ancestry-related analysis, filed for chapter 11 after it was unable to find a buyer to rescue it from insolvency.