It’s just shy of 20 years since US political satirist Stephen Colbert coined the term ‘truthiness’. He described it as “something that seems like truth – the truth we want to exist”. In corporate circles, there’s a fiscal truthiness where everyone’s wealthy and successful right up until the moment they lodge tax filings with the… Read more »
A $150,000 (US$100,000) increase in H-1B visa fees for US work permits led to panic and confusion among visa holders and applicants over the weekend. The large price tag has also raised serious questions for Australian startups, tech companies, and workers. Here’s what you need to know: Who is affected by the new H-1B visa… Read more »
One of Sydney’s OG fintechs, 29-year-old Ezypay, will be acquired by US software and payments firm Xplor Technologies. The terms of the deal were not disclosed. Xplor has its own Australian links dating back to Melbourne entrepreneur Mark Woodland, who founded the startup in 2016, then sold it to TSG in 2019. It’s now based… Read more »
Atlassian has made a second major acquisition this month, handing over US$1 billion (A$1.5bn) for developer intelligence platform DX. The deal comes just a fortnight after the Australian software giant spent US$610 million (A$935m) in cash on AI browser startup The Browser Company. US-based DX, founded in 2020, helps engineering organisations measure, understand, and improve… Read more »
Tesla is expected to soon turn on its “Full Self-Driving (Supervised)” (FSD) mode in Australia and New Zealand. Is a future of driverless cars upon us? Not exactly – it’s essentially more advanced driver assistance. Legally, Tesla drivers using this mode must be ready to take control and pay attention at all times. Calling it… Read more »
An AI-powered 3D printing startup creating custom healthcare products has raised $5.8 million in a Series A. H3D emerged from Swinburne University in 2018, its initial investor alongside Starfish Ventures. Cofounder and CTO Dr Philip Kinsella developed fully-automated design technology at Swinburne. It’s made the startup a global leader in the hearing sector, producing hearing… Read more »
Just for a moment last week, Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest person. The octogenarian tech titan briefly overtook Elon Musk after Oracle’s share price rocketed 43% in a day, adding about US$100 billion (A$150 billion) to his wealth. The reason? Oracle inked a deal to provide artificial… Read more »
The Commonwealth Bank (CBA) has sold a small stake in Swedish buy-now-pay-later fintech Klarna, worth around $100 million, as it lists in the US at more than 2x the price CBA paid for it 5 years ago. Klarna listed at US$40, higher than the expected $35-37 price, on the New York Stock Exchange (NYSE) overnight,… Read more »
Going global from day one, Sydney-based smart parking startup KERB chose to launch in Southeast Asia. Founder Rob Brown shares how that decision thrust his business into the fast lane. Just six weeks after launching a parking app to help Aussies rent their driveways, Brown realised the company had built the wrong product and needed to… Read more »
Google will not have to sell its Chrome web browser in order to fix its illegal monopoly in the online search business, a United States federal judge has ruled. It will, however, need to do a few other things, such as sharing data with rival companies, in order to improve competition. The remedies ruling was… Read more »
Atlassian (NASDAQ: TEAM) is acquiring a US AI-powered browser startup in a deal worth US$610 million (A$935m) in cash. Atlassian cofounder Mike Cannon-Brookes has been a fan of The Browser Company (TBC), and its product Dia, which he calls “the knowledge worker’s browser”, since it was released in mid-2025 in beta mode, sending bug feedback… Read more »
When you ask ChatGPT or other AI assistants to help create misinformation, they typically refuse, with responses like “I cannot assist with creating false information.” But our tests show these safety measures are surprisingly shallow – often just a few words deep – making them alarmingly easy to circumvent. We have been investigating how AI… Read more »
A $42 million project to put an Australian-designed and built lunar explorer on the Moon will be realised by the end of the decade. NASA has confirmed the Roo-ver will make the 384,000km trip from Earth as part of its Artemis Moon exploration program, via NASA’s Commercial Lunar Payload Services by 2030. The Roo-ver, 20kg semi-autonomous… Read more »
Going global is often seen as a rite of passage for many Australian scaleups as it can provide the company with access to new overseas markets, a broader pool of investors or the ability to attract and retain key talent from around the world. During this period of growth, founders often focus on product-market fit,… Read more »
Design platform Canva has revalued itself at $65 billion, up 14.5% on just six weeks ago, as employees look to sell their stakes in a secondary share sale. The confirmation from cofounder Cliff Obrecht came after news leaked earlier this week that VC investors Blackbird and Square Peg had increased the valuations to $US42 billion… Read more »
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