AI/Machine Learning

Data centre giant NextDC is building a $2b billion digital tech campus in Melbourne

- June 12, 2025 2 MIN READ

ASX-listed data centre business NextDC (ASX:NXT) will build a $2 billion tech hub in Port Melbourne as part of the Victorian government’s Fishermans Bend Innovation Precinct. Named M4, it will be purpose-built for sovereign AI, high performance computing (HPC), advanced manufacturing and deep tech, with three core components: an AI factory to support NVIDIA’s Blackwell and… Read more »

ASX

Getswift cofounder Joel Macdonald is back offering advice on dealing with setbacks

- June 6, 2025 6 MIN READ

Joel Macdonald’s been busy resetting his thinking in the last few years after the cofounder of Getswift was banned by the Federal Court from running  companies in Australia for 12 years. He’s been in therapy, busy journaling, writing affirmations on glass walls in an apartment, taking psychedelics, including ayahuasca and mushrooms, and the former CEO… Read more »

Richard White
ASX

WiseTech Global drops $3.2 billion on US rival’s takeover

- May 26, 2025 2 MIN READ

ASX-listed logistics software giant WiseTech Global is betting more than 10% of the company’s current value on buying NYSE-listed US rival E2open for $2.1 billion (A$3.2bn). WiseTech shares rose 4.7% today to close at A$104.75 on the news. The 25-year-old Texas cloud-based SaaS platform reportedly connects more than 500,000 manufacturing, logistics, channel, and distribution partners… 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 »

ASX

Business channel ausbiz launches ‘intel’ service for investors in equity deal with shares platform Marketech

- March 28, 2025 2 MIN READ

Sydney business journalism disruptor ausbiz has forged a strategic equity partnership with Western Australian tech veteran Marketech. The partnership, structured as an ‘equity for content and promotion’ deal, is similar to the equity agreements struck by ASX-listed Airtasker with Channel Four in the UK, and other media companies. Perth-based Marketech is the 20-year-old tech innovator… Read more »

WiseTech Global founder and CEO Richard White
ASX

Whitewashed: Australian Super offloads stake in WiseTech in wake of founder and board turmoil

- March 27, 2025 2 MIN READ

Australian Super has sold holding in logistics software giant WiseTech Global in recent weeks as founder Richard White returned to the business as chairman. The superannuation fund had more than 2.2% of WiseTech (ASX: WTC) shares and had backed the business since its 2016 float. But governance concerns amid board resignations and White’s elevation to… Read more »

Richard White
ASX

King Richard: WiseTech Global review says founder promises to do better on ‘unacceptable’ conduct

- March 20, 2025 3 MIN READ

WiseTech Global’s founder and newly appointed board chair Richard White “made inaccurate and incomplete disclosures concerning the nature and duration of his relationship” involving two employees, but has pledged to do better, an ongoing report into his behaviour as the former CEO has found. Releasing a 9-page update to the ASX, WiseTech said the board… Read more »

ASX

ASX-listed accelerator Scalare Partners buys VC marketplace Inhouse Ventures for $1.73 million

- March 12, 2025 2 MIN READ

ASX-listed startup accelerator and investor Scalare Partners (ASX: SCP) has made its third acquisition, snapping up VC matching marketplace Inhouse Ventures in a deal worth up to $1.73 million. Scalare initially invested in the marketplace in November 2023, taking a 20.7% stake. Venture studio Shadowboxer also backed Inhouse, which was founded by CEO Elliot Spiegel in… Read more »

Richard White
ASX

Prodigal founder: Richard White returns to WiseTech as executive chairman after boardroom bloodletting

- February 26, 2025 3 MIN READ

Wisetech Global’s former CEO, Richard White, finally has a new job at the logistics software company he founded 30 years ago – executive chairman. The appointment follows the resignation of former chair Richard Dammery and three other non-executive directors, Lisa Brock, Michael Malone and Fiona Pak-Poy, on Monday in a battle for control of the… Read more »

WiseTech Global founder and CEO Richard White
ASX

Four WiseTech Global directors, including the chair, resign in fight over founder Richard White’s future – and the logistics company’s share fell 21%

- February 24, 2025 3 MIN READ

Four independent non-executive directors (NED), on the WiseTech board, including chair Richard Dammery, have resigned and will depart from the company when its half-yearly results are released on Wednesday. The other NEDS stepping down are Lisa Brock, Michael Malone and Fiona Pak-Poy. Joining as a new director of the ASX-listed logistics software business is Shearwater… Read more »

WiseTech Global founder and CEO Richard White
ASX

WiseTech shares are in a trading halt until next week

- February 20, 2025 3 MIN READ

WiseTech Global shares were placed in a trading halt on Thursday morning at the logistic company’s request amid undisclosed governance concerns. Trade is not expected to resume until at least Monday, February 24. An update on the review was expected when the company reports on Wednesday. “The trading halt is requested to enable the Company… Read more »

ASX

Airtasker’s getting into F1 sponsorship too

- February 20, 2025 2 MIN READ

A week after Atlassian announced it would be lead sponsor of the Williams Racing Formula One team, ASX-listed Airtasker is slapping its name on the Visa Cash App Racing Bulls (VCARB) F1 team. It’s not that VCARB is going to be post “Wanted: someone to change 4 tyres in under 2 seconds” on the casual… Read more »