AGL avoids second strike, Cannon-Brookes demands climate action
An unambitious attitude to carbon transition is rewarding AGL executives with bonuses for ‘standing still’, the billionaire’s vehicle said.
Mike Cannon Brookes
ASX 200 gains; first strike for Fortescue
RBA ‘resolute’ on CPI returning to target. Backlash against payouts to former Fortescue execs. Pro Medicus founders’ $176m selldown. AGL avoids second strike as Cannon-Brookes demands climate action.
Atlassian backs Israeli AI start-up in $39m raise
The software titan is ramping up investment in the space, joining Telstra Ventures in backing the first AI-powered assistant for developers.
Atlassian bets big on AI as losses widen
Revenue growth is slowing at the software titan, prompting a 10pc share price plunge. But co-founder Scott Farquhar says the company is focused on retaining staff and beefing up AI.
Rabbitohs now worth a hefty $46m
The James Packer, Russell Crowe and Mike Cannon-Brookes-owned South Sydney Rabbitohs have a new valuation for their rugby league club of almost $46m.
Cannon-Brookes powers local EV sales amid global slump
Australia is defying a global slowdown in electric vehicle sales as a fund backed by tech billionaire Mike Cannon-Brookes steps up investments on clean energy projects.
‘We need to spend less time focused on shutting down coal’
Atlassian billionaire Mike Cannon-Brookes says economics will end the coal-fired era, not talking, as he urges more investment in renewable technologies.
‘Friction creates sparks’: Atlassian futurist looks to excite
The futurist at one of Australia’s most successful technology company believes that one of the reasons we still need offices and get together in person is to get things off our chest.
Sydney start-up secures biggest cap raising of the year
Employment Hero is set to be the biggest local tech export since Canva and Atlassian after raising $263m, to be now valued at almost $2bn.
Atlassian takes biggest bet yet with $1.5bn buy
The software giant has made its most expensive acquisition to date, buying a video messaging platform Loom for $1.5bn as it bets that remote working is here to stay.
ASX ends win streak; falls 0.6pc on miners
The bourse’s best winning streak since April has ended. Rex dives after earnings downgrade. TPG falls following Telstra deal rejection. CBA drops refinance threshold.
‘Last gasp’ for traditional work as hybrid takes over
Companies which mandate workers in the office are ‘tethering’ employees to inefficient processes, says an Atlassian executive.
The rollercoaster ride of Atlassian’s Silicon Valley soulmate
He was the $640m CEO of a US tech unicorn who’s launching new products for Atlassian and Canva – but losing millions has taught him new lessons.
Mike Cannon-Brookes wins rights to Sun Cable
The Atlassian boss’ Grok Ventures on Friday was confirmed as the winning bid after rival and one-time partner in the project Andrew Forrest withdrew from the process.
ASX falls 1.7pc for week, most since March
The bourse however closed Friday higher. Mike Cannon-Brookes buys Sun Cable. Latitude cyber attack wipes profit. Humm hit with BNPL ban. WiseTech hits record high.
Cannon-Brookes poised to win Sun Cable battle
Mike Cannon-Brookes is set to beat Andrew Forrest for the giant Sun Cable project, Australia’s biggest renewables development.
Poor revenue outlook smashes Atlassian shares
Fresh from sacking 500 workers, the company led by Mike Cannon-Brookes and Scott Farquhar says economic headwinds will create new revenue pain.
Cannon-Brookes recruiting climate tech army
The tech billionaire has partnered with start-up accelerator Startmate to recruit 300 new people into climate tech start-ups over the next 18 months.
‘Down rounds’: Farquhar warns of bumpy ride for start-ups
Australia’s seventh-wealthiest person says he may not have started Atlassian if it wasn’t for the dotcom crash 20 years ago.
Atlassian rethinking its global office footprint
The tech giant says it remains committed to building its 39-storey Sydney headquarters, but its remote work policy will have implications for its other offices.
Original URL: https://www.theaustralian.com.au/topics/mike-cannon-brookes/page/3