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Nick Bonyhady

Technology writer

Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com

Nick Bonyhady

Yesterday

No one can buy Canva now. Other start-ups beware

Any start-up boss hoping to get rich selling their company to a tech giant should learn from Adobe’s failed $US20 billion attempt to buy design app Figma.

This Month

The ABC’s new chair faces a big audience problem

For the first time in its measured history, fewer than two in three Australians interact with the ABC each week.

Home-deposit-lending start-up digitally altered news article in ads

OwnHome has wiped CBA, its own backer, from ads it is running on Facebook and Instagram, which feature a digitally manipulated version of a Financial Review story.

Nine’s outgoing managing director of publishing James Chessell addresses the media after Ben Roberts-Smith lost his defamation case against the outlet’s journalism.

Nine publishing boss James Chessell to depart

The executive oversaw a period of hard-hitting investigative journalism across the company’s mastheads.

  • Updated
Ozempic remains in short supply.

Start-up to sell ‘unapproved’ replica Ozempic, upending market

Eucalyptus is challenging the monopoly over the diabetes and weight-loss drug, sparking a sharp rebuke from the $505 billion drugmaker Novo Nordisk.

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Companies backed by Potentia Capital and venture firm EVP are vying for control of Whispir, co-founded by Jeromy Wells.

Potentia promises cash before Christmas to up pressure on Whispir deal

Rival suitor Pendula is expected to reveal its binding offer within days as the private equity firm offers shareholders a speedy deal.

Mark Zuckerberg has found himself in the uncomfortable position of ruling on the free speech of everyone from presidents down.

Social media is dead, long live messaging

Facebook has announced major upgrades to its messaging apps, which could help it avoid having to moderate content and reduce some of social media’s negative impacts.

Jack Dorsey, whose formal title is “Block Head”, bought Afterpay in 2021.

Afterpay’s bad debts climb, just like its costs

Accounts filed by the Block-owned buy now, pay later company for the 18 months to December 2022 show scale eluded the Australian business.

  • Exclusive
  • AI
Leonardo co-founder J.J. Fiasson leads Australia’s most prominent pure-play artificial intelligence company.

Australian AI image champion raises $47m

Leonardo Ai is staring down doubts about whether its business is truly unique, or just a layer atop open-source tools, as it races to stay ahead of US rivals.

Blackbird co-founders Niki Scevak  and Rick Baker operate under a tagline saying they invest in companies, not funding rounds.

‘Australian Tiger Global’: VCs firms split over investment strategy

Blackbird Ventures is using its size to pay more for stakes in early-stage start-ups than many of its rivals, who say it could eventually hurt founders.

November

Helen Toner in May cautioned against over-relying on AI chatbots, saying there was “still a lot we don’t know” about them.

Ousted Australian OpenAI director breaks silence on Altman chaos

Helen Toner said board members who sacked Altman weren’t trying to slow down AI development and hinted more would come out about what had happened.

DP World’s Port Botany facility

Minister lashes DP World hack failure

“A known problem, with a known patch – Australia needs to do better than this,” said Home Affairs Minister Clare O’Neil after an update from DP World.

Marc Hermann, co-founder of Everlab, with a client of his start-up, which quantifies people’s health by measuring things such as their levels of sleep, blood sugar and oxygenation.

How the tech crowd track their health to live longer

‘Quantified self’ is a movement where the health conscious are trying to leave nothing to chance, using the latest in technology to monitor their bodies and fitness.

Edrolo co-founders Jeremy Cox, Ben Sze, and Duncan Anderson remain directors but are no longer running the company.

‘Large swaths’ of staff cut at heavily backed start-up

Education tech start-up Edrolo is in an industry threatened by disruption from the rise of generative artificial intelligence, big money backers have cause for concern.

Optus executive and former NSW premier Gladys Berejiklian, left, and former Optus CEO Kelly Bayer Rosmarin.

Optus chairman says next chief executive should have telco experience

Paul O’Sullivan broke his silence to argue that Australians’ desire for “scalps” after corporate crises could deprive the country of good executives.

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Australian Helen Toner is a board director at OpenAI, the artificial intelligence start-up that is in crisis.

Aussie altruist at the heart of the OpenAI imbroglio

One of the directors who ousted OpenAI boss Sam Altman is Helen Toner, a researcher from Melbourne.

DP World said it was still working with cybersecurity advisers to investigate the hack.

Hackers stole DP World data, patch lapse blamed

The stevedore said its data had been “exfiltrated” during a cybersecurity breach that probably stemmed from failure to patch a widely known security flaw.

Infraclear co-founder and chief executive Giridhar Srinivasan believes transparency will help governments strike better deals.

Why two ports in New York cost radically different amounts

Infraclear collates infrastructure project and financial documents to help parties seek a fair deal and save time negotiating.

Optus has revealed what caused its network to fail last week.

Optus reveals what caused last week’s outage

The company said its routers received incorrect settings from overseas as part of a software upgrade, triggering a cascading failure.

Team Global Express chief executive Christine Holgate argues sharing last mile infrastructure will help regional communities.

Christine Holgate revives quest to access AusPost’s infrastructure

The former Australia Post boss said she still believed in the proposal, despite negotiations taking longer than she would like.