big tech layoff
People

Big tech layoffs free up talent for Australia

- February 3, 2023 3 MIN READ

Sudden mass layoffs at the biggest technology companies on Earth could be an opportunity for Australian organisations to fill long-standing gaps in their workforces. More than 70,000 employees have been sacked from tech giants in the past year as companies such as Google, Microsoft, and Meta – which saw enormous growth during the pandemic – are now winding back their staffing… Read more »

Atlassian, Mike Cannon-Brookes, Scott Farquhar.
Business

Atlassian shares plunge after another quarterly loss

- February 3, 2023 3 MIN READ

Nasdaq-listed Australian software giant Atlassian has seen its shares fall more than 10% in after hours trade following the release of its December quarter results, which posted a US$99.2 million loss. The loss compares to a rare profit of $23 million 12 months earlier. Now in its 21st year of operations, Atlassian has yet to… Read more »

AI/Machine Learning

We asked ChatGPT to explain 9 epic startup failures, including FTX & Fast, to VC investors – and most of the answers are bullshi… er, bullish

- February 2, 2023 10 MIN READ

US investor and Y Combinator cofounder Paul Graham is one of the many fans of OpenAI’s new chatbot, ChatGPT. The striking thing about the reaction to ChatGPT is not just the number of people who are blown away by it, but who they are. These are not people who get excited by every shiny new… Read more »

Good Car Co, Anton Vikstrom, Anthony Broese van Groenou, Sam Whitehead.
Climate Tech

EnergyLab is backing these 11 Australian lithium battery startups with plans to change the world

- February 2, 2023 2 MIN READ

Lithium is the new black as demand for electric vehicles and renewable energy batteries grows, so Australia’s largest climate tech startup accelerator EnergyLab, has decided to do something about it, backing 11 startups in the space in a new program Australia produces 60% of the world’s lithium, but only represents 1% of global product value… Read more »

Australia TV Film man with camera shooting
Politics

The Australian government is forcing streaming platforms to invest more in local TV & films

- February 1, 2023 4 MIN READ

Streaming platforms like Netflix, Amazon Prime Video, and Disney+ will soon face regulations to invest in Australian content, as Australian regulations catch up to other world players. Nearly eight years since the launch of Netflix in Australia in 2015, redressing the “regulatory gap” between unregulated streaming platforms and regulated traditional television is front-of-mind for Arts… Read more »

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Funding

Quantum startup Q-CTRL lands $39 million in Series B top up led by Salesforce Ventures

- February 1, 2023 3 MIN READ

Salesforce Ventures becomes new investor Wallabies legend John Eales also backed Q-CTRL A record A$74m was raised in the Series B Sydney quantum software startup Q–CTRL has raised US$27.4 million (A$39m) in an extension of its Series B Several new investors joined Q–CTRL’s cap table, including Salesforce Ventures, the VC arm of the US software… Read more »

Dr Michele Allan
People

Charles Sturt Uni chancellor Dr Michele Allan takes over as SmartSat CRC chair

- January 31, 2023 2 MIN READ

Agribusiness expert and serial board member Dr Michele Allan has stepped up as chair of Australia’s leading space research centre, SmartSat Cooperative Research Centre (CRC), following the sudden passing of inaugural chair Dr Peter Woodgate on Christmas eve. Dr Allan, chancellor and board chair of Charles Sturt University, also chairs the Food and Agribusiness Growth… Read more »

car broken down, EV, roadside assistance
Motoring

The NRMA is coming to the rescue of flat EVs as the NSW govt opens its latest incentive program for electric commercial fleets

- January 31, 2023 2 MIN READ

NSW motoring mutual the NRMA has helped motorists with flat car batteries for a century and now it’s coming to the rescue of the next generation with roadside assistance for electric vehicles with flat batteries, putting patrol vans on the road with recharging battery packs. It’s baby steps for now, but a start. Just two… Read more »