Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
  • Advertisement

    Gain insights into the week’s biggest tech stories, deals and trends.

    Sign up to The Download newsletter.

    Sign Up Now

    Latest

    Uber couldn’t make the carsharing business model work, and will close down the service.

    Uber targets car rentals after Carshare failure

    Uber has blamed a blow-out in operational costs for the failure of its Carshare service, which will cease business from September 12.

    • 1 hr ago
    • Paul Smith
    Uber acquired Car Next Door to start a local Car sharing business in 2022, but will now close it down.

    Uber scraps $105m Aussie car-sharing division

    Uber will shut down its Carshare business, bringing the end to an Australian experiment it began in 2022 with the $105 million acquisition of Car Next Door.

    • Paul Smith

    WiseTech boss $2.1b richer after shares rocket on profit outlook

    Tech entrepreneur Richard White has seen his wealth soar after WiseTech delivered one of the most formidable results of the season on Wednesday.

    • Updated
    • Tess Bennett

    Body scanning biz Evolt kicks off pre-IPO raise; Bell Potter in tow

    With fresh funds in its coffers, Street Talk understands IPO preparations are now underway via Bell Potter.

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    Investors back ‘unicorn’ Go1 CEO swap, as IPO plans emerge

    The founding CEO of $3b Queensland tech firm Go1 will step down in a move backed by its early investors, with his co-founder taking sole charge of the run to an IPO.

    • Tess Bennett
    • Gadgets With John Davidson

    A Father’s Day gift guide for the desperate

    What dads want to do and what they have to do, are not always the same thing. But these gifts help bridge the gap.

    • John Davidson

    Opinion & Analysis

    ASIC scrutiny of private markets must get balance right

    Extending disclosure requirements into private deals could be viewed as unjustified regulatory creep. But the corporate watchdog is right to be vigilant on this issue.

    The AFR View

    Editorial

    The AFR View

    Inside Richard White’s big plans for WiseTech – and saving the world

    WiseTech CEO and co-founder Richard White reckons the moat around his company is getting bigger for one key reason.

    Chanticleer

    Columnist

    Chanticleer

    What Microsoft boss learnt from Senate grilling on AI

    Microsoft’s Steven Worrall says Australia’s economic outlook over the next 30 years depends on it getting AI regulatory settings, and training plans, right.

    Steven Worrall

    Contributor

    Steven Worrall

    The new ‘killer app’: How AI is reinventing the phone

    Artificial intelligence might well be the latest killer app for phones, but unlike previous killer apps, it might not be one that consumers are willing to pay for.

    John Davidson

    Columnist

    John Davidson

    Technology reviews

    • Gadgets With John Davidson

    A Father’s Day gift guide for the desperate

    What dads want to do and what they have to do, are not always the same thing. But these gifts help bridge the gap.

    • John Davidson
    • Gadgets With John Davidson
    The Fold6 is compatible with the S-Pen, it just doesn’t have a place to store it.

    Hold off buying Samsung’s new folding phone for a few days

    Just as Samsung irons out the last of the problems in its flagship Galaxy Z Fold6, Google looks set to announce an AI phone that just might be worth waiting for.

    • John Davidson
    Advertisement

    More From Today

    AirTrunk’s Robin Khuda.

    ASIC scrutiny of private markets must get balance right

    Extending disclosure requirements into private deals could be viewed as unjustified regulatory creep. But the corporate watchdog is right to be vigilant on this issue.

    • 51 mins ago
    • The AFR View

    Yesterday

    WiseTech co-founder Richard White says the moat around the tech company is getting wider.

    Inside Richard White’s big plans for WiseTech – and saving the world

    WiseTech CEO and co-founder Richard White reckons the moat around his company is getting bigger for one key reason.

    • James Thomson

    This Month

    Steven Worrall, third from left, appears alongside Microsoft colleagues at Friday’s Parliamentary AI hearing.

    What Microsoft boss learnt from Senate grilling on AI

    Microsoft’s Steven Worrall says Australia’s economic outlook over the next 30 years depends on it getting AI regulatory settings, and training plans, right.

    • Steven Worrall
    • Analysis
    • AI

    The new ‘killer app’: How AI is reinventing the phone

    Artificial intelligence might well be the latest killer app for phones, but unlike previous killer apps, it might not be one that consumers are willing to pay for.

    • John Davidson
    Chief executive officer Jonathan Rubinsztein says Nuix had a strong finished to the financial year after cutting R&D costs and launching its Neo product.

    Nuix shares surge 27pc, approaching its IPO price

    Shares in the software company have surged more 25 per cent, their highest level in three years, after a lift in sales and a cut to R&D spending.

    • Tess Bennett
    Advertisement

    Why an Aussie firm spent $1.5m on a ‘Drive to Survive’-like rally doco

    In a branding strategy inspired by the success of influencers such as MrBeast, SafetyCulture founder Luke Anear is using YouTube to increase audience reach.

    • Paul Smith

    Ex-Young Rich Lister’s collapsed tech firm questioned over ‘unusual transactions’

    Administrators of collapsed former tech player LiveTiles have questioned “unusual” transactions, and an investment in a start-up that had only been incorporated for a day.

    • Max Mason
    Breakthrough Victoria has invested $37m into World View, a US start up which makes, launches and pilots stratospheric balloons.

    Auditors warned against Vic government’s $37m space balloon bet

    Auditors expressed “substantial doubt” about the financial viability of a space exploration start-up, a year before Breakthrough Victoria placed a huge bet on the US company.

    • Patrick Durkin and Gus McCubbing
    Coleen Rooney famously deduced who was leaking information about her private life.

    Blackbird’s Wagatha Christie moment

    The fund has been determined to get to the bottom of leaks, including one that showed it played a blinder on AI start-up Leonardo.

    • Nick Bonyhady
    Equitise co-founder Jonny Wilkinson, is hoping to sign off fresh funding for the company soon, after a tough 18 months.

    Crowdfunding firm seeks survival funding after ‘diabolical’ 18 months

    Equitise, a major equity raising platform, is in talks with investors to recapitalise the company as the sector looks to rebuild after the tech funding winter.

    • Paul Smith
    One of many fake images created by xAI’s Grok-2 AI platform, purports to show a pregnant Kamala Harris with Donald Trump.   

    We can’t control deepfakes, tech giants say

    Fake AI images and videos flooding social media thanks to Elon Musk’s xAI firm. Microsoft and Amazon say we may need new laws to stamp out the worst ones.

    • Paul Smith
    Hayley and Aaron Hughes with their children both born through IVF: Ned, now aged two, and Benson, who arrived last weekend.

    IVF breakthrough shows AI just as good as humans, and much faster

    A world-first study led by Australian researchers found an AI-powered embryo selection tool led to a similar number of pregnancies as human embryologists.

    • Tess Bennett
    Apple is one of the biggest players in payments due to the widespread take-up of its iPhone.

    Apple finally opens up tap-and-go, but banks remain very wary

    In a decision seemingly forced by a European antitrust deal, the US tech giant said access to the payment functionality would be granted to outside developers.

    • Paul Smith
    Chuck Robbins, chief executive officer of Cisco Technologies.

    Cisco slashes jobs, looks towards AI and cybersecurity

    Cisco, the biggest maker of computer networking equipment, gave a bullish revenue forecast, but also announced plans to slash jobs as part of a strategy shift.

    • Ian King
    WNT Ventures managing director Carl Jones joined as chief executive in 2014.

    This Auckland venture firm wants $55m, promising mega returns

    WNT Ventures is raising up to $NZ60 million for its fourth fund, targeting family office and high-net-worth types in Hong Kong, Singapore and Australia.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Advertisement
    Search function on Google Pixel 9 and Pixel 9 Pro With Gemini.

    Cool or dystopian? Google launches AI-powered phones

    The tech giant has launched a new range of AI-packed phones, earbuds and watches. Here’s what they will do (if you really want them to).

    • Paul Smith
    The more things change ... : Seek’s Andrew Bassat and Ian Narev

    Seek’s venture fund wears $210m hit even as top performers surge

    The $2.1 billion Seek Growth Fund, run by Andrew Bassat, is one of the few vehicles exposed to public markets, and showed tight valuations for start-ups.

    • Tess Bennett

    Start-up founder sues Victoria’s VC fund

    The Victorian government’s troubled venture capital fund Breakthrough Victoria faces a multi-million dollar legal battle.

    • Patrick Durkin

    Canva recruits from big tech ahead of IPO, but five execs have left

    Five senior Canva executives with years of experience at technology giants including Meta, Adobe and Google have departed over the past 18 months.

    • Nick Bonyhady
    The Fold6 is compatible with the S-Pen, it just doesn’t have a place to store it.

    Hold off buying Samsung’s new folding phone for a few days

    Just as Samsung irons out the last of the problems in its flagship Galaxy Z Fold6, Google looks set to announce an AI phone that just might be worth waiting for.

    • John Davidson