This Month
Endeavour delays its technology separation from Woolworths until 2030
The owner of Dan Murphy’s and BWS was spun out of the supermarket giant in 2021, but has told staff that plans to run its own store platforms are on hold.
Handbags at dawn for local buyout firms as EQT’s Nexon sale ramps up
EQT’s Mid-Market Asia III fund acquired a majority stake in Nexon in July 2019, citing a plan to turbocharge its growth and expansion in the region.
Warning signals rejected before youth camps swept away
Texas officials considered supplementing a word-of-mouth system with sirens and river gauges, along with other modern tools. In the end, little was done.
Optus abandons independent consumer advocate after executive shake-up
The country’s second-largest telecoms group had pledged specialist support for customers after being accused of selling unneeded products to vulnerable people.
With Meta in sight, Broadcom is the new Nvidia
We would be unwired from the internet if we did not use this company’s technology.
June
Why AI chiefs need to be part of the C-suite
Technology and artificial intelligence must blend seamlessly, like an exquisite dance partnership, argues Profusion Group’s Simone Mears.
ASX listing candidate Campana puts itself back on the agenda
While it is still early days, listing adviser CLSA Australia did a check-in with potential backers last month.
May
Telstra goes all in on five-year plan to ride AI infrastructure wave
The telco’s CEO Vicki Brady says an “unrelenting” demand for data would help fuel growth, and investment was needed to keep up with rivals.
Optus CEO focused on costs as profit rebounds
Optus boss Stephen Rue says the telco’s sports streaming platform remains important to customers, amid speculation it could be up for sale.
Telstra opens Silicon Valley hub in race to build AI
The telco is putting boots on the ground in Silicon Valley to speed up its adoption of artificial intelligence and embrace the region’s can-do attitude.
Telstra swoops on Microsoft boss to steer AI push
Steven Worrall will join the telco group in September and run its infrastructure arm, including data centres, as Telstra invests heavily in AI.
‘It’s like a marriage’: Inside Telstra and Accenture’s AI reinvention
The telco’s $700 million partnership with the consulting group to develop artificial intelligence is no ordinary joint venture.
How this company succeeds despite the inevitability of ‘failures’
Online travel agency Webjet OTA is building resilience into its operations from the outset.
April
EQT Partners taps sellside adviser for $30m-a-year Nexon Asia Pacific
EQT’s Mid Market Asia fund has held a majority stake in the IT services outfit since July 2019.
March
The hottest new C-suite position is head of AI
Boards and leadership teams are scrambling to hire someone who speaks the language of artificial intelligence.
Goodman’s $10b global data centre roll-out starts in LA
Renowned for its worldwide portfolio of warehouses, Goodman is taking advantage of that land bank in the race to serve a global surge in data use.
The AI surge: 175 new data centres and $26b in investment
The number of devices connected to the internet in each household is expected to double by 2030, fuelling a big rollout in data centres.
February
TPG Telecom says regional push is growing customer numbers
The country’s third-largest telco, which owns Vodafone and iiNet, is sharing a network with Optus, and hopes this will increase its mobile market share.
Optus customer executive the first to leave under new CEO Stephen Rue
Maurice McCarthy’s resignation marks the first big executive departure under new boss Stephen Rue as he tries to restore the embattled telco group’s reputation.
Aussie Broadband fights for share in ‘hot’ market
The company’s AI-powered budget brand Buddy Telco is not gaining as many new customers as expected because competitors have been cutting prices.