Friday’s global IT outage caused by a software update gone wrong highlights the interconnected and often fragile nature of modern IT infrastructure. It demonstrates how a single point of failure can have far-reaching consequences. The outage was linked to a single update automatically rolled out to Crowdstrike Falcon, a ubiquitous cyber security tool used primarily… Read more »
A massive IT outage is currently affecting computer systems worldwide. In Australia and Aotearoa New Zealand, reports indicate computers at banks, media organisations, hospitals, transport services, shop checkouts, airports and more have all been impacted. Friday’s outage is unprecedented in its scale and severity. The technical term for what has happened to the affected computers… Read more »
The United Nations has proclaimed 2025 as the International Year of Quantum Science and Technology. The goal is to recognise “the importance of quantum science and the need for wider awareness of its past and future impact”. But why quantum? Why now? Quantum science is both complex and weird. It’s not easy to wrap your… Read more »
Australia hands out the best part of A$1 billion per year in grants to businesses. Many of these come with no strings attached, meaning there is no need to evaluate whether the grants boost employment, help the recipients become more efficient, or benefit the nation. To test what good these grants do, my team at… Read more »
Kirk loves playing fetch just as much as he loves sniffing out electronic devices. The yellow labrador is one of only 13 technology detection dogs working across Australia, using his incredible sense of smell to find tiny pieces of tech, often in serious and high-profile criminal cases. “You see his whole body just ripple with… Read more »
Since the release of ChatGPT in November 2022, the world has seen an incredible surge in investment, development and use of artificial intelligence (AI) applications. According to one estimate, the amount of computational power used for AI is doubling roughly every 100 days. The social and economic impacts of this boom have provoked reactions around… Read more »
Amazon has secured a A$2 billion contract with the Australian Signals Directorate – the agency responsible for foreign signals intelligence and information security. A local subsidiary of Amazon Web Services will build a Top Secret Cloud to provide secure data storage for military intelligence. The deal will securely manage top secret data vital to Australia’s… Read more »
Sharing my observations of the UK market after having just completed our annual Tribe Global Ventures scaleup trade mission to the UK during London Tech Week and time spent in Germany. The airports are quieter Across the board during my time in the airports in Brisbane, Dubai, Frankfurt, Stuttgart, Munich and Heathrow, all are noticeably… Read more »
Caryn Marjorie is a social media influencer whose content has more than a billion views per month on Snapchat. She posts regularly, featuring everyday moments, travel memories, and selfies. Many of her followers are men, attracted by her girl-next-door aesthetic. In 2023, Marjorie released a “digital version” of herself. Fans could chat with CarynAI for… Read more »
The media depicts a depressing state, but is this painting an accurate picture? The 60 funds we surveyed (please let us know if we missed yours) 1835i, Black Sheep Capital, Folklore Ventures, Macdoch Ventures, Shearwater Capital, Tenacious Ventures, Airtree, Brandon Capital, Galileo Ventures, Main Sequence, Side Stage Ventures, Giant Leap, Marbruck Investments, Significant Early Venture… Read more »
Just last year, data suggested plug-in hybrid cars were on the way out in Australia. But they’re back. New data shows plug-in hybrids and conventional hybrids combined have overtaken battery electric vehicle sales in the first quarter of 2024. The trend continued during April and May. In the first quarter last year, hybrids accounted for… Read more »
If startups were hoping that after 15 months in power, the NSW Labor government would finally move from cuts to investment in the sector, the state Budget, released on Tuesday, is best summed up by a line from Dante’s Inferno as they enter hell: abandon all hope, ye who enter here. Across the entire budget,… Read more »
For as long as we have used the internet to communicate and connect with each other, it has influenced how we think, feel and behave. During the COVID pandemic, many of us were “cut off” from our social worlds through restrictions, lockdowns and mandates. Understandably, many of us tried to find ways to connect online.… Read more »
As the urgency of climate change ramps up, focus is increasing on digital currencies to address their environmental impact. According to industry forecasts, the global cryptocurrency market is expected to surge to US$4.94 billion by 2030. But the process of mining digital currencies such as Bitcoin requires immense computational power – causing a significant drain… Read more »
From the first-time founder who created a ‘find-a-babysitter’ app to an entrepreneur whose brain training tech is used by the world’s best golfers, the ACS Labs founder community is a diverse bunch – and growing. For the past 12 years, the Australian Computer Society (ACS) has built its reputation in the startup sector with incubators… Read more »
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