On February 1, on The Conversation’s podcast, Anthony Albanese not only declared that Labor would retain majority government, but held out the prospect it could win the Victorian Liberal seats of Menzies and Deakin. This was when the polls were still bad for Labor and the Coalition was confident of gaining a swathe of seats… Read more »
Two rivals in construction safety software are merging, with five-year-old Sydney startup 1Breadcrumb acquiring 12-year-old Canberra platform SignOnSite. The terms of the cash and equity deal were undisclosed but it comes along with a $4.5 million SAFE note backed by Five V Capital and Tribe Global Ventures as well as a US-based family office. Five… Read more »
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 »
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 »
Happy democracy sausage weekend! As Australians head to schools and halls on Saturday (although around 20% of the population has already voted) to cast their verdict on the last three years of the Albanese government, Startup 360 cohosts Simon Thomsen and Kayla Medica took a look at the policies and election promises for the tech… Read more »
Eucalyptus cofounder Tim Doyle has revealed that the best way to get a job at his health startup is to solve his dildo problem. He wants you to slide into his LinkedIn DMs to solve the “dildo mountain” he has in a warehouse – the result in a pledge in his startup’s early days. Doyle… Read more »
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 »
Have you ever used ChatGPT to draft a work email? Perhaps to summarise a report, research a topic or analyse data in a spreadsheet? If so, you certainly aren’t alone. Artificial intelligence (AI) tools are rapidly transforming the world of work. Released today, our global study of more than 32,000 workers from 47 countries shows… Read more »
Showpo founder Jane Lu knows what it’s like to ride the rollercoaster of startup life better than most. The only child to Chinese-Australian parents, she was living up to their expectations with an accounting career at the Big 4 consultancy firms. But it wasn’t her cup of tea, so Lu left to launch her first… Read more »
Facebook’s Australian arm saw revenue grow by $110 million to $1.46 billion in 2024, but its greedy parent company gobbled up all of that additional revenue in service charges according to regulatory filings. The 20-year-old social media is barely profitable in Australia, just getting by on margins similar to the restaurant industry, at 3.2%, according… Read more »
More than 100 fintech leaders have signed a letter to both the Labor government and Coalition opposition ahead of the May 3 election calling on them to live up to promises made in previous campaigns for reform in financial services, saying the sector’s growth is being hampered by “policy inertia”. Issues such as crypto and… Read more »
Elon Musk says he will “significantly” reduce his work advising the United States government in May to allocate “far more” of his time to Tesla, following the company’s 71% drop in quarterly profits. “The large slug of work” establishing the so-called US Department of Government Efficiency (DOGE) for US President Donald Trump had been mostly… Read more »
The battle between corporate regulator the Australian Securities and Investment Commission (ASIC) and Block Earner has swung in favour of the crypto platform after the Federal Court overturned a ruling that its Earner product was a financial product. The battle over the fixed-yield digital asset-related Earner has been running for the past two years after… Read more »
Zero Co, the cleaning products startup will close at the end of the month with founder and CEO Mike Smith pulling down the shutters because they can’t find a pathway to profitability. The six-year-old startup set records in 2021 when it raised a record $5 million in just six hours on the Birchal crowd-sourced funding… Read more »
Australian Radio Network (ARN), the media company behind KIIS, as well as Gold and iHeart, used an AI-generated female Asian host to broadcast 4 hours of midweek radio, without disclosing it. The fake presenter, “Thy”, has been generated reportedly using someone in the finance department at ARN. The show broadcasts on CADA – “Australia’s home… Read more »
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