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
Mining software biz Dingo calls in Lazard’s bankers
Sources said Dingo is being shopped with $US16 million revenue forecast for next financial year.
Revealed: RBA’s scathing warning it has ‘lost confidence’ in ASX
In a strongly worded missive sent to the exchange’s chief executive Helen Lofthouse weeks before an outage, the central bank warned of entrenched problems.
TechOne founder says former executive not sacked to save costs
Adrian Di Marco was grilled over his decision to sack a Victorian executive earning close to $1 million a year as part of a long-running legal battle.
EQT Partners weighs refinancing at Fitness Passport
Sources said Fitness Passport is five-times levered to its annual earnings, and EQT’s deal makers want to see if they can beat the existing pricing or structure.
StrongRoom AI administrators launch firesale despite freezing order
HLB Mann Judd said it would seek “urgent” bids for the pharmacy software start-up’s assets this week even as it clarifies whether they can be sold.
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.
March
How personal messaging apps invaded our work life
The war plan leak saga says a lot about the irksome blurring of job and play on the chat software that have come to dominate so much of daily life.
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.
Westpac plots $3b technology overhaul to slash long-term costs
The bank’s new chief executive, Anthony Miller, outlined plans to shrink the number of systems to cut expenses described by analysts as unsustainable.
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?
CBA steps ups competition for AI engineers by opening Seattle office
The bank is deepening connections with Amazon Web Services and Microsoft, including putting IT teams together in a new US office.
Alibaba teams up with BMW to develop AI for cars in China
BMW is building a new intelligent personal assistant with enhanced voice recognition and trip-planning features to be rolled out next year.
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.
InfoTrack owner ATI Global greenlights IPO
The owner of a stable of legal software is gearing up for an IPO in 2027.
Former PwC colleagues’ tech firm lands $445m PE deal
PSG Equity has bought out most of Protecht, a 25-year-old Sydney software company.
How this company succeeds despite the inevitability of ‘failures’
Online travel agency Webjet OTA is building resilience into its operations from the outset.
ANZ quizzed over risks of new platform costing $1m a day
Analysts wondered how long it will take to fully migrate 6 million customers and another 1.2 million from Suncorp onto Maile Carnegie’s ANZ Plus.
Sydney VC firm calls in forensic experts, police at start-up StrongRoom AI
EVP has called in legal and forensic accounting experts to plough through the financial accounts of StrongRoom AI, which makes software for pharmacies.
‘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.