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 »
Facebook’s parent company, Meta, has been ordered by a US court to provide details on how scammers use the social media platform to create scams ads as part of legal action by Dr Andrew Forrest. The WA mining billionaire has been doing battle with Facebook both here and in California for the last three years… Read more »
Lee Hickin, Microsoft’s artificial intelligence policy lead for Asia, has departed the tech giant after more than six years to become the new director of the National AI Centre (NAIC). The NAIC was established in 2021 to support and accelerate Australia’s AI industry. Its inaugural director, Stela Solar, herself a former Microsoft executive, stepped down… Read more »
While the Tesla CEO is busy rage-tweeting, Roman saluting, dialling into far-right German political rallies, cutting aid funding and sacking US government workers, sales of his car brand in Australia, as well as the rest of the world have gone over a cliff, with January’s poor results continuing in February. The plunge for Nasdaq-listed EV… Read more »
OG Australian startup community Fishburners is changing its guard, with CEO Martin Karafilis stepping down tomorrow after 26 months in the role, and chief operating officer Majella Campbell taking on the top job. Campbell has been central to Fishburners‘ success as it rebuilt post covid, developing a range of programs and events from its home… Read more »
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 »
Welcome to the Startup 360 product launch! We hope you like our MVP with cohosts Kayla Medica and Simon Thomsen. We want to have founder fun and find out what makes people tick – it’s not about GTM strategies and the next raise, it’s all about staying human. In our first show, Kayla and Simon… Read more »
The Victorian government’s $2 billion investment fund, Breakthrough Victoria has appointed Rod Bristow as its new chief executive officer. Bristow previously spent four years as CEO of early stage and climate-tech VC Investible, building out its Asian presence, and as well as raising a $32 million climate tech fund a $51.6m 2nd early-stage fund, and a new… Read more »
Diversity and gender equality might be a dirty words in some political and business circles right now, but not for AirTrunk founder and CEO Robin Khuda, who sold his 9-year-old data centre business last year for $23.5 billion. The freshly minted billionaire, who arrived from Bangladesh nearly 30 years ago as a teen to study… Read more »
A Tasmanian senator best known for her campaign to ban transgender people from women’s sport has been named by Opposition leader Peter Dutton as the Coalition’s spokesperson for government services, the digital economy, science and the arts. Senator Claire Chandler will be shadow minister stalking current science and industry minister Ed Husic in the forthcoming… Read more »
University of NSW Professor Veena Sahajwalla, founding director of the Centre for Sustainable Materials Research & Technology (SMaRT) was named an Officer of the Order of Australia (AO) in the Australia Day honours list in recognition of her distinguished service to science as an engineer and inventor, sustainable materials research and technology and waste management.… Read more »
Former Square Peg senior investment associate Casey Flint has made the switch to the tech side, joining AWS where she’ll focus on AI. Flint has spend the last few years exploring and unpacking artificial intelligence (AI), explaining her findings and thinking in the excellent series Artificially Intelligent. After four years at the VC, the decision… Read more »
Clean tech founder and investor Monique Conheady has added another directorial arrow to her corporate quiver, joining the board of Wollongong hydrogen electrolyser startup Hysata. Conheady was cofounder of the pioneering carshare startup Flexicar, acquired by Hertz Australia, and now chairs companies Energy Safe Victoria and JET Charge, as well as being a Breakthrough Victoria… Read more »
Canberra has a new think tank for tech policy founded by three women to offer advice on the way forward in a digital world. The Tech Policy Design Institute (TPDi) bills itself as Australia’s first non-partisan, independent think tank focused on best practice technology policy. Its cofounders, Johanna Weaver, Zoe Jay Hawkins and Sunita Kumar, said… Read more »
Sydney cultivated meat startup Vow, creator of the “woolly mammoth meatball“, has been forced to slash staffing by nearly a third, with 25 jobs being made redundant as it seeks a new round of investment. Vow has been developing lab-grown cell-based animal products being served in high-end restaurants in Asia. It is still awaiting regulatory approval… Read more »
Daily startup news and insights, delivered to your inbox.
