Twitter pugilist Elon Musk has a new war to fight on the micro-blogging site he’s buying. After ordering his executives back into the office for a “minimum” of 40 hours a week via email, Musk followed up with an all staff email saying “If you don’t show up, we’ll assume you’ve resigned”. Taking a dig… Read more »
Atlassian co-founders and co-CEOs Mike Cannon-Brookes and Scott Farquhar have told shareholders that the company “let our customers down” when an outage disrupted service for 775 subscribers earlier this month. The acknowledgement, which stopped short of an apology, kicked off the Q3 FY22 shareholders letter coinciding with the company’s quarterly results. The workplace software venture… Read more »
An estimated 400 Atlassian customers have had access cut for up to a week in an ongoing problem the company has blamed on a maintenance script. The incident first occurred around April 5, with the company acknowledging the problem on Twitter two days later. While running a maintenance script, a small number of sites were… Read more »
The dramatic shift from mining and property to technology to generate wealth in Australia has made Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, and Canva’s Melanie Perkins and Cliff Obrecht among the country’s top 10 richest people. The Australian’s 2022 edition of The List – Australia’s Richest 250, to be released on Friday, names Hancock… Read more »
NASDAQ-listed Australian software venture Atlassian is looking at moving its parent company from the United Kingdom to the US. Atlassian (NASDAQ: TEAM) announced last week that it had undertaken an exploration of redomiciling the parent holding company across the Atlantic. The workplace collaboration software business originally set up in the UK in 2014 ahead of… Read more »
Australian tech darling Atlassian is looking to hire an additional 5,000 local employees in the next few years as it prepares to open its new offices in Sydney’s Tech Central. Atlassian’s Chief of Staff Amy Glancey went on the record with Business Insider Australia last week to admit it will “be challenging” to add 5,000… Read more »
Atlassian continues to grow rapidly, with quarterly revenue up 34% on 12 months ago. Releasing its first quarter FY22 results today, Nasdaq-listed Australian tech company posted revenue of US$614 million, with quarterly subscription revenue up 57% year-on-year to US$435 million. But the company’s losses remain equally impressive, with a net loss of US$400.1 million for… Read more »
The NSW government has approved tech giant Atlassian’s plan for a 40-storey timber skyscraper next to Sydney’s Central Railway The 180-metre tower will be the tallest commercial hybrid timber building in the world with construction to get underway next year. The tower concept is by New York-based architects SHoP, with Australian practice BVN as the… Read more »
A campaign by artist Ben Quilty to raise $30,000 to help people in Afghanistan has turned into a $4.5 million donation for the UNHCR thanks to support from Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar. Early last week, when Quilty’s fundraising campaign for the UNHCR, to help people in Taliban-controlled Kabul following the withdrawal of… Read more »
Atlassian’s June quarter revenue is up 30% on 12 months ago to US$559.5 million (A$760m), but the losses continue for the 19-year-old software giant, which posted a US$213.1 million net loss for Q4 FY21. The revenue figure is a considerable beat on market expectations and the company’s own Q3 prediction of US$513m to $528m. The… Read more »
Atlassian products were vulnerable to a hack that could have seen attackers gain access to user accounts, cybersecurity analysts found. Researchers from security firm Check Point discovered a set of flaws which, if exploited, would have enabled bad actors to take over the accounts of Atlassian products like Jira and Bitbucket. The researchers found the training.atlassian.com subdomain… Read more »
Australian tech giant Atlassian has opened its wallet to acquire ThinkTilt, the Brisbane startup behind the ProForma, a no-code/low-code form builder for Jira, for an undisclosed sum. The six-year-old venture has more than 700 companies as customers and helps them build the forms to manage workflows In a post announcing the acquisition, Atlassian’s head of… Read more »
Australian workplace tech powerhouses Atlassian and Culture Amp have been included in the top 10 for Fast Company’s annual list of the world’s most innovative companies. Unsurprising, project management tool Asana, Zoom and Slack take out the top three spots following a year where remote work and communication came to the fore, with Atlassian recognised… Read more »
Quarterly revenue of US$459.5 million, up 26% YoY Q1 IFRS operating margin of 3% and non-IFRS operating margin of 23% Q1 net loss of US$21.6m, compared to q1 FY20’s net income of $69.3m Australian software giant Atlassian has seen revenues jump 26% on 12 months ago in quarterly results for Q1 FY2021 that beat Wall… Read more »
Atlassian says it will invest US$50 million in early-stage startups, but the funds come with a catch – the ventures must all be working on projects that help build out the US-listed tech giant (Nasdaq: TEAM). The company’s US-based head of corporate development, Chris Height, said in a blog post on the company site that… Read more »
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