Aussie start-up loses $50m in a year
An Australian unicorn company once lauded as the next big thing has shed $50 million in the space of a year as tech companies go into meltdown.
An Australian unicorn company once lauded as the next big thing has shed $50 million in the space of a year as tech companies go into meltdown.
The world’s largest tech companies posted record profits only a year ago, but rounds of lay-offs keep coming. Find out why.
Australian staff at a multinational software company are nervously awaiting news on whether they will keep their jobs.
Australian tech start-ups in one state will have the opportunity to access a new program lead by a global investment firm.
The man who was once an international symbol of a modern China with a $71bn fortune is to give up control of his company after he riled Beijing.
Social media platform Twitter appears to be suffering some kind of outage across Australia with thousands reporting the platform is slow or not responding at all.
Dozens of Aussies are heading into Christmas without jobs after being let go by a tech and property start-up.
The controversial ‘Twitter Blue’ program is set to relaunch, after a series of embarrassing hiccups and impostor accounts.
Customers of Australia’s largest health insurer will be unable to access its facilities, with the company forced to take action following the recent attack on its data.
Elon Musk has completely backflipped on his threat to “go to war” with Apple, just days after publicly calling out the tech company’s CEO.
Hackers have once again released the private details of Medibank customers onto the dark web, with advice on what their next step should be revealed.
Funding available for start ups in one state will be boosted by up to eight times its current amount, with $40 million added to the pool.
Australians can now do one simple thing to support women fleeing domestic violence just by pushing a button.
It’s notoriously difficult to get help from Facebook if something goes wrong with your account, but leaked documents have revealed further problems.
A top Medibank executive has defended the insurer’s handling of a massive hack which exposed Aussies’ sensitive health data.
The Australian outfit has slashed 30 per cent of its workforce as it was hit by a slowdown post pandemic with its shares diving by 70 per cent this year.
High-flying salaries aren’t enough to keep some Australian workers in this career, with stress levels rising and warnings of a shortage on the way.
With a $6 billion stake in the company, he released a scathing letter on the performance of Google and called for “aggressive” cost cutting measures.
One profession is experiencing a significant shortage despite soaring salaries being offered and a rising demand for their work.
A major vape company needs to trim half its staff to starve off bankruptcy – but business insiders fear the worst is yet to come.
Australia’s three largest internet providers have been handed whopping fines for making misleading statements in ads about their NBN speeds.
Another tech outfit has had a brutal day, with losses soaring by 170 per cent, shares plummeting and $1.2 billion wiped off its valuation.
A cybercriminal has threatened to release stolen Medibank customer data, with federal police working to prevent the move.
The true extent of hacks like the recent Optus and Medibank cyber attacks has been revealed through new research.
A man and woman are accused of the theft of more than $10m in crypto they mistakenly received in a bungled transfer and spent on luxury goods.
Those trying to get their hands on the latest Apple tech will face significant delays due to one thing.
A company has revealed the “painful” decision to cut 14 per cent of its workforce, but has unveiled what impacted employees will receive.
The Australian business, which was started in a garage in Townsville and now has office space that looks like Coles and Toyota, has defended the losses.
Telstra has blamed flooding for widespread outages that have left hundreds of customers without mobile coverage since 3am.
Elon Musk posted a video of himself barging into Twitter headquarters – two days before his court-ordered deadline to close his $67 billion deal to buy the platform.
Original URL: https://www.news.com.au/finance/business/technology/page/7