Latest
MilkRun collapse kills ‘spray and pray’ at burned venture capital firms
Rising interest rates have permanently changed the game for tech’s capital allocators. Splits are emerging among the VC community about what comes next.
- Jessica Sier
- Sponsored
- BHP
Fuel efficiency benchmark would help have us all in EVs sooner
Australians’ adoption of electric passenger vehicles (EVs) continues to gain traction, with sales soaring by 86 per cent last year compared to 2021 with over 39,000 EVs sold, according to figures from the Electric Vehicle Council (EVC).
Sponsored
by BHP
How soda water could help Australia extract money from lithium
Sydney start-up Novalith has raised $23 million to extract and refine lithium faster, cheaper and greener than traditional methods.
- Tess Bennett
Elon Musk plans to challenge Open AI
Elon Musk is hiring engineers and researchers, and is looking for investors to develop a competitor to Open AI, the Financial Times reported.
- Timothy Moore
‘Serious money’: Why listing on Airbnb, Stayz is so attractive
Cash generated by properties listed on short-term rental websites has doubled in certain tourist hotspots, according to new data.
- Tess Bennett
ASIC forces revenue reversal from Atomos
Atomos has been forced to amend its annual report after ASIC raised concerns that the minnow had recognised more than $8m in unearned revenue.
- Jessica Sier
Opinion & Analysis
An office on your face: HTC’s Vive XR Elite reviewed
The company’s latest virtual reality headset is 90 per cent about gaming, but it’s the other 10 per cent that interests us.
Columnist
Creative destruction does not only destroy. So don’t kill the Chatbots
AI’s detractors tend to understate the pace of technological change that advanced economies have already been living through.
American Enterprise Institute
Humans have fretted about AI for 200 years. Stay calm
The fear of our creations replacing us has been a staple of the human imagination for a long time. Take comfort in that.
Historian
Elon Musk may have inadvertently anointed a Twitter successor
If the purpose of banning Substack from Twitter was to force writers to choose platforms, it looks like it’s working.
Contributor
Technology reviews
- Opinion
- Review
An office on your face: HTC’s Vive XR Elite reviewed
The company’s latest virtual reality headset is 90 per cent about gaming, but it’s the other 10 per cent that interests us.
- John Davidson
- Opinion
Two words that could change your view on photography
Canon’s new EOS R8 combines significant virtues you don’t often see together: low cost, and a full-frame sensor.
- John Davidson
More From Today
- Opinion
- Review
An office on your face: HTC’s Vive XR Elite reviewed
The company’s latest virtual reality headset is 90 per cent about gaming, but it’s the other 10 per cent that interests us.
- John Davidson
Yesterday
- Opinion
- AI
Creative destruction does not only destroy. So don’t kill the Chatbots
AI’s detractors tend to understate the pace of technological change that advanced economies have already been living through.
- Michael Strain
This Month
MilkRun’s Milham says ‘model can work at an appropriate scale’
MilkRun founder Dany Milham has argued the collapsed start-up’s business model was better than many outsiders thought.
- Jessica Sier and Mark Di Stefano
- Opinion
- AI
Humans have fretted about AI for 200 years. Stay calm
The fear of our creations replacing us has been a staple of the human imagination for a long time. Take comfort in that.
- Steven Mihm
Western security agencies tell software developers to up their game
Weaknesses in technology products, particularly software, are often exploited by criminal groups and nation-states to compromises businesses and public infrastructure.
- Max Mason
Combative Musk turns tables on BBC interviewer
In a rambling interview with the BBC, Elon Musk said he had slashed Twitter’s workforce by 80 per cent, and that the company is operating at about breakeven.
- Updated
- Vlad Savov and Dana Hull
- Opinion
- Social media
Elon Musk may have inadvertently anointed a Twitter successor
If the purpose of banning Substack from Twitter was to force writers to choose platforms, it looks like it’s working.
- Tim Culpan
- Opinion
- Review
Two words that could change your view on photography
Canon’s new EOS R8 combines significant virtues you don’t often see together: low cost, and a full-frame sensor.
- John Davidson
AirTree says failure ‘an inevitable part of VC’ after MilkRun collapse
Venture capital fund Airtree Ventures expects the closure of rapid local delivery service Milkrun to hit its fund performance.
- Jessica Sier and Mark Di Stefano
- Opinion
- Venture capital
What boxes must a start-up tick to get VC funding today?
Start-up funding is down but far from out: founders seeking capital must bring strong leadership and ambition to build a global business that solves big problems.
- Updated
- Ben Potter
Afterpay shareholders sue Dorsey’s Block for breach disclosure
Former Afterpay shareholders are furious that Block failed to disclose a cyber breach that saw data belonging to 8.2 million customers stolen ahead of their deal.
- Jessica Sier
- Opinion
- Gig economy
MilkRun had huge gap to leap to profit
Many start-ups have had to reconsider their growth plans and cut costs to buy a longer runway to a better funding environment. For MilkRun’s backers, it was a bridge too far.
- Ben Potter
- Updated
- Funding
MilkRun to close doors, all staff made redundant
MilkRun, the rapid local delivery service, will close and make its staff redundant, bringing an abrupt end to a company which raised one of the biggest early-stage funding rounds in Australian venture capital history.
- Updated
- Mark Di Stefano and Jessica Sier
- Opinion
- AI
Why generative AI changes everything
I have tried to spend time regularly with the people working on AI. I don’t know that I can convey just how weird that culture is.
- Ezra Klein
- Opinion
- AI
Don’t panic and share benefits of AI chatbots
Previous wave of digital innovation generated gains for few big incumbent companies. We must heed the lessons and provide all businesses with access to these revolutionary tools.
- Diane Coyle
AI is coming for lawyers (again)
Previous advances in A.I. inspired predictions that the law was the lucrative profession most likely to suffer job losses. It didn’t happen. Is this time different?
- Steve Lohr
- Exclusive
- Enterprise IT
TechnologyOne makes a play for 10-year TAFE NSW contract
TechnologyOne is offering TAFE NSW a fixed priced contract of $145m to abandon its long-running Oracle project.
- Tess Bennett
- Exclusive
- Funding
Start-ups change financing strategy to avoid dreaded ‘down rounds’
New data shows tech start-ups are changing the way they look to raise capital to buy themselves more time to shore up their valuations.
- Tess Bennett
- Exclusive
- Funding
Aussie AI start-up pulls in Turnbull-linked US cyber investor for $30m
Fivecast has grown dramatically by offering AI-based software to trawl the public internet and dark web to spot threatening behaviour; it has now banked big funding.
- Paul Smith
Apple’s 40pc plunge in PC shipments leads major computer makers
Shipments by all PC makers combined slumped 29 per cent to 56.9 million units as the demand surge driven by pandemic-era remote work evaporated.
- Vlad Savov
