Today
Microsoft jumps to three-month high after strong sales, cloud growth
Microsoft shares rose to a three-month high, topping analyst expectations, in contrast to a third-quarter earnings report from rival Alphabet.
- Dina Bass
Yesterday
Plenty of interest in Damstra as overseas software firms circle
The company sells an enterprise protection platform that targets worker safety, risk management and compliance for clients such as New Hope and Glencore.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Microsoft sales jump in AI arms race against Google
The technology company has invested in ChatGPT developer OpenAI and launched a series of AI-powered tools for its Office and Word products recently.
- Matthew Field
This Month
NAB says AI will cut the drudgery for its bankers
The bank is working with Microsoft to embed AI into its 365 software, which bankers use for emails and presentations. It is also using AWS and Databricks.
- James Eyers
- Opinion
- Chanticleer
Why there will never be a Canva or Atlassian from Aussie AI
“I’m seeing way more exciting stuff in the US,” says Zeb Rice, a venture capital investor targeting AI start-ups in Australia and the US.
- Anthony Macdonald
Engineers and cyber talent earn big bucks as other tech workers suffer
Day rates for most IT contractors are failing to keep pace with inflation, but cybersecurity experts and software developers are doing just fine.
- Euan Black
- Explainer
- Cryptocurrencies
Why banks are looking at real-world asset tokenisation
Banks spend billions each year on systems to track and finalise millions of trades. Could crypto help to streamline processes?
- James Eyers and Jessica Sier
Tokenisation of real-world assets is the killer app for crypto
What if crypto was not only a speculative asset class but a new technology stack for financial markets?
- James Eyers and Jessica Sier
- Exclusive
- Funding
Employment Hero secures $263m in year’s biggest capital raising
The human resources technology firm has shrugged off depressed private tech market sentiment and is now valued at just shy of $2 billion.
- Paul Smith
Microsoft closes $109b Activision Blizzard deal after UK nod
The deal was the biggest test of the British regulatory authority’s global power to take on the tech giants since Britain left the European Union.
- Paul Sandle and Yadarisa Shabong
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.
- Nick Bonyhady
- Opinion
- Chanticleer
Telstra flexes M&A muscle to grow in consulting
The telco is always hard to beat when it wants something. This time it is cloud consulting business Versent, which has 500 employees.
- Anthony Macdonald
- Opinion
- Chanticleer
Grok missed Origin Energy’s fast-growing Octopus
Grok Ventures is doing well on its AGL Energy shares, but it could have made a tonne of money in something that Origin Energy would later buy into.
- Anthony Macdonald
This Rich Lister added $1b to his wealth in less than two years
Medical technology firm Pro Medicus has delivered blistering returns this year. Its success has propelled co-founder Sam Hupert into the $2 billion club.
- Julie-anne Sprague
- Opinion
- Chanticleer
Canva’s new revenue number supports $39b valuation, IPO the real test
The Australian design software group is making $US1.7 billion revenue, growing at 21 per cent. What does that say about how it would be valued if it went public?
- Anthony Macdonald
WiseTech Global snaps up shipping container marketplace
The $20.66 billion software giant has bought a small Australian company, continuing its history of acquisitions.
- Tess Bennett
September
- Exclusive
- Big four consultants
KPMG-owned start-up chases $100m valuation
The professional services firm has invested $16 million into its software venture Wiise.
- Tess Bennett
- Analysis
- Analysis
Could OpenAI be the next tech giant?
Venture capitalists pumped $60 billion in artificial intelligence in the first half of 2023, including OpenAI, which generates more than $1 billion a year.
- The Economist
Microsoft closes in on Apple’s spot as world’s largest stock
While Apple is still a multi-trillion dollar behemoth, investors have increasingly shown a preference for Microsoft - and its dominance in cloud computing and AI.
- Ryan Vlastelica
What failure taught this CEO about risk-taking
Sukhinder Singh Cassidy, chief executive of Xero, says workers can end up ahead after a career setback. She answers our CEO Q&A.
- Tess Bennett
