Business

Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership

- April 19, 2024 2 MIN READ

Less than three years after listing on the US Nasdaq, Brisbane-based electric vehicle charging company Tritium has been placed in receivership in a spectacular collapse for the 23-year-old business. McGrathNicol Restructuring has appointed partners Shaun Fraser, Katherine Sozou, Matthew Hutton and Jamie Harris as receivers of Tritium DCFC Ltd (Nasdaq: DCFC), less than a day… Read more »

SpaceX Falcon 9 launch
Space

Fleet Space sent its latest satellite into orbit with SpaceX

- April 18, 2024 2 MIN READ

The latest Centauri-6 satellite developed by Adelaide mining tech startup Fleet Space Technologies is now in orbit after heading skywards aboard SpaceX’s  Bandwagon-1 “ridesharing” mission. The Falcon 9 reusable rocket’s payload of 11 satellites took off from NASA’s Kennedy Space Center in Florida last week.  The Centauri-6 microsatellite brings Fleet Space’s constellation of low earth… Read more »

Toby Thomas-Smith and the startup's 6th , Caitlin Emiko
Business

Blackbird-backed Kiki’s cofounder is now rebuilding the short-term rental startup one coffee at a time

- April 17, 2024 3 MIN READ

The New York-based cofounder of New Zealand subletting startup Kiki, Toby Thomas-Smith, is blunt in his own performance assessment. “When we launched Kiki.nyc last year I fucked up,” he’s written on LinkedIn, after the business shuttered its New York launch after 3 months, only to revive it late last month amid controversy over plans to… Read more »

Maria MacNamara
People

Maria MacNamara is the Space Industry Association of Australia’s new CEO

- April 12, 2024 2 MIN READ

Startup founder, government tech advisor and Spark Festival director Maria MacNamara will be the next CEO of the Space Industry Association of Australia (SIAA). Sydney-based MacNamara will step into the role on April 22 having recently completed a term as the Director of Government Affairs and Innovation Strategy at global ICT infrastructure company Kyndryl. She was… Read more »

Leonardo.Ai Jachin Bhasme, JJ Fiasson, Chris Gillis
AI/Machine Learning

Generative AI startup Leonardo is being used to make deepfake celebrity porn

- April 10, 2024 2 MIN READ

The text-to-image generator developed by Sydney startup Leonardo Ai has been used to create deepfake porn of celebrities. Journalist Emanuel Maiberg at US tech news website 404 Media reported that they had used prompt suggestions for Leonardo found on Reddit “and was able to produce nonconsensual sexual images of celebrities instantly”. He found a Telegram community… Read more »

Steve McGovern, Dubber
ASX

Dubber fires CEO over missing millions

- April 10, 2024 2 MIN READ

The board of ASX-listed Dubber has fired cofounder Steve McGovern as CEO over $26.6 million in missing company funds. In a statement to the ASX late on Tuesday night, the company said they terminated McGovern’s employment yesterday after investigations over the last five weeks into the missing cash alleged that “McGovern and the trustee were… Read more »