Business

‘With good fortune comes great responsibility’: Canva’s Cameron Adams pledges to give away billions

- May 20, 2025 2 MIN READ

Co-founder of Australian tech darling Canva Cameron Adams and his wife Lisa Miller have pledged to donate at least half of their estimated $7 billion wealth to environmental causes. The pair have signed the Giving Pledge, a public commitment started by Bill and Melinda Gates and Warren Buffet that sees billionaires promise give a majority… Read more »

Business

StrongRoom AI’s administrators recommend liquidation

- May 12, 2025 5 MIN READ

The administrators of medication management startup StrongRoom AI have recommended putting the business in liquidation ahead of a 2nd creditor’s meeting on Tuesday. The decision comes a fortnight before the Federal Court is due to hold another hearing in the legal action by VC firm EVP to recover $10.4 million it invested in the business… Read more »

Theranos
Business

Theranos redux: Elizabeth Holmes-linked startup seeks funding for blood scanning tech

- May 12, 2025 2 MIN READ

Billy Evans, the partner of convicted Theranos founder Elizabeth Holmes, is seeking to raise at least US$50 million for a new diagnostics startup called Haemanthus, which claims to offer a “radically new approach to health testing.” The company reportedly claims its prototype device can analyse small samples of blood, saliva, urine, or sweat for early… Read more »

Business

Finder is getting out of crypto, shutting down its Wallet

- May 8, 2025 2 MIN READ

Comparison site Finder is closing down its crypto trading platform, Wallet Ventures, after four years, signing a deal with Swyftx to transfer users to the digital assets exchange. Wallet Ventures (formerly Finder Wallet) offered customers access to 18 cryptocurrencies through the Finder App. It launched in 2021 Finder notified customers on Wednesday, saying it will… Read more »

Mark Zuckerberg
AI/Machine Learning

Zucking the customer: Meta’s new AI chatbot is just another way for the company to harvest your personal data for advertisers

- May 8, 2025 4 MIN READ

Last week, Meta – the parent company of Facebook, Instagram, Threads and WhatsApp – unveiled a new “personal artificial intelligence (AI)”. Powered by the Llama 4 language model, Meta AI is designed to assist, chat and engage in natural conversation. With its polished interface and fluid interactions, Meta AI might seem like just another entrant… Read more »

Business

Atlassian cofounder Scott Farquhar takes on chair role at charity group Pledge 1% as the movement he cofounded turns 10

- May 7, 2025 2 MIN READ

Tech Council of Australia chair Scott Farquhar has another board to run since stepping down as Atlassian co-CEO, taking on a role close to his heart as chair of the global social impact movement Pledge 1%. Farquhar was one of the founding members of Pledge 1% started in 2015 via the Atlassian Foundation. Pledge 1%… Read more »

AI/Machine Learning

Workplace culture platform Hoogly takes the world by storm, winning UK and US awards as it closes $1 million raise

- May 6, 2025 2 MIN READ

Mohit Midha, cofounder and CEO of Hoogly was at Blackbird’s Sunrise last week, tired but unable to stop smiling after global recognition for his employee engagement startup in California and London. The fact that he set out to also raise $500,000 and now has $1 million with 10 days left before he closes his latest… Read more »

Business

Atlassian shares tank after another quarterly loss

- May 5, 2025 2 MIN READ

Share in US-listed Atlassian (Nasdaq: TEAM) are down around 10% over the past week, at one stage dipping below US$190 following a 17% plunge when the Australian workplace software company released its March quarter earnings with another loss alongside longer-than-expected fourth-quarter guidance. Q3 revenue was up 14% on 12 months ago to US$1.4 billion, with… Read more »

Parent, baby
Business

New research reveals important financial reasons for work from home policies

- May 2, 2025 4 MIN READ

In the pre-industrial era, people often lived and worked in the same building. This removed the need to travel to work. The separation of home and work occurred much later, during the Industrial Revolution. Factories and offices were grouped in designated areas and residential zoning was invented. Even then, people typically spent about 60 to… Read more »

Finder cofounders Jeremy Cabral, Fred Schebesta and Frank Restuccia.
ASX

Finder and ASX-listed NobleOak contra with marketing VC Scaleup Mediafund

- April 30, 2025 2 MIN READ

Scaleup Mediafund has backed financial services comparison scaleup Finder and ASX-listed life insurance specialist NobleOak in its latest media-for-equity investment swap.  The fund provides companies with advertising and paid media from its $15 million third fund – the value of discounted advertising inventory provided by the fund members – spanning publishers, outdoor advertising firms and… Read more »