Today
- Analysis
- The Breakdown
The boring AI that’s saving a moribund Facebook
Facebook has been written off as a network for the elderly and out of touch, but it is learning from its arch-rival TikTok.
Yesterday
- Analysis
- The Breakdown
Why Microsoft jumped and Google slumped when both beat expectations
A modest gap in cloud computing performance pushed the tech giants’ share prices billions in different directions, showing investors care about one thing: AI.
This Month
- Analysis
- The Breakdown
What Musk’s high-stakes plan to charge for tweeting really means
X, formerly known as Twitter, is charging $US1 a month for New Zealand and Philippines users to post in an experiment that could go global. So what’s Elon thinking now?
- Exclusive
- Venture capital
AirTree bought and sold Canva in deal at market peak
The venture capital fund bought with its 2021 fund and sold from its 2014 fund at a $US39 billion valuation – a third higher than Canva is worth now.
- Exclusive
- Funding
Canva won’t list before 2025, but investors will still get rich soon
The graphic design software company is such a success that guessing when its IPO will be held has become a parlour game for the Australian technology sector.
- Analysis
- The Breakdown
When Atlassian buying your start-up for $1.5b is a mixed bag
The Aussie software giant paid a fortune for a video-messaging tech firm on Friday. But what was behind the deal, and was it a good idea?
- Exclusive
- Jobs
Big business used to offshore jobs. Canva is helping start-ups do it too
Growing start-ups are increasingly hiring in Manila, the low-cost outsourcing destination that has grown beyond stereotypical customer service roles.
Sayers explored selling PwC’s consulting business
Senators grilled PwC Australia chief executive Kevin Burrowes this morning before saying they were “astonished” at evidence from predecessor Luke Sayers. Here’s how the day unfolded.
- Updated
Atlassian hit by Chinese state-linked hackers
US tech giant Microsoft has observed break-ins to companies through a vulnerability in Atlassian’s Confluence software since mid-September.
- Exclusive
- Start-ups
Milkrun investors to get back less than 20¢ in the dollar
The company went into liquidation with enough money to repay all its suppliers, staff and landlords, unlike some start-ups that end up depending on the taxpayer.
- Updated
‘Nice to charge in USD’: Aussie start-ups’ unexpected boon
Australian technology companies that have their workers in Australia and most customers in the United States are winners from the dollar’s weakness.
- Analysis
- Sharing economy
The sharing economy is on life support
Getting more use out of assets you already own was the great idea of the second wave of the internet championed by Uber and Airbnb.
Australian FTX creditors’ long wait | Metigy investors’ texts | A closer look at Airwallex
The Australian Financial Review’s new tech newsletter The Download takes an insightful look at the week’s biggest tech stories, deals and trends.
- Exclusive
- Start-ups
‘Get liquid’: Early backers of start-up disaster Metigy had concerns
An investor at Cygnet Capital, one of Metigy’s backers and advisers, repeatedly texted his business partner with his worries.
- Analysis
- AI
The AI ‘Nora Ephron problem’ is fast spreading
Hollywood’s screenwriters may have succeeded in halting the march of AI into movie scripts but recent upgrades to ChatGPT mean other workers might not be so lucky.
QIC files for Deutsche Bank papers over Danske dirty money scandal
Documents filed with a New York court show the Queensland investment giant attempting to prove the Danish bank had poor controls when its share price crashed.
Government threatens to ‘name and shame’ childcare centres gouging
Margins in the sector are highly varied, with head office expenses and the cost of chains trying to grow chewing up large operators’ profits.
Eucalyptus ups capital raising with $8m second close
The raise predates the Medical Board of Australia cracking down on telehealth prescribing via text, taking its latest funding round to almost $60 million.
September
- Exclusive
- Start-ups
Ozempic-selling start-up Eucalyptus does ‘silent dismissals’
The company’s boss, Tim Doyle, defended its culture, saying its rapid growth required “structured performance management reviews”.
The CBA-backed start-up that wants to pay your home deposit
OwnHome plans to lend customers their deposit, but charges high interest rates and does not yet work with the major banks.
