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Software

Yesterday

AI is front of mind for CEOs, but nearly half of workers feel unprepared.

AI is a two-speed conversation inside companies

CEOs are exploring all sorts of ways to use artificial intelligence. Their workers, however, feel unprepared for changes.

  • Anthony Macdonald
Former Goldman Sachs and Rothschild equity capital markets banker David Acton leads Yarra Capital Management’s private markets strategy.

Ex Goldman, Rothschild MD leads raise for logistics tech start-up

Sources said David Acton’s Yarra Private Capital Discovery Fund led the round alongside existing investors King River Capital and Jungle Ventures.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

This Month

Sam Hupert says it’s not in Pro Medicus’ DNA to act like a big corporate.

How Sam Hupert turned Pro Medicus into an understated giant

With a team of just 115 people and an understated approach to business, the healthtech co-founder has created an Australian success story. 

  • James Thomson
Fusion5 is the latest technology business to hit the auction block.

BGH Capital to acquire Waterman Capital’s IT biz Fusion5

Street Talk understands the private equity firm is in the final stages of negotiations New Zealand private equity investor Waterman Capital.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Founders of men’s health tech startup Mosh, David Narunsky and Gabe Baker.

Men’s health player Mosh appoints adviser to explore exit options

Gavin Jacobson’s advisory firm has won the sell-side mandate to explore options for Mosh.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Dr Michelle Deaker of venture capital firm OneVentures says secondaries are becoming a more common way for Australian VCs to exit positions in private companies.

How a Sydney VC made 13 times its money on one start-up investment

OneVentures has turned an $8.8 million investment in Employment Hero into a $116 million return, as new ways of selling out of private companies pick up popularity.

  • Paul Smith
Founder Jeromy Wells’ company Whispir is at the centre of a takeover battle between Soprano Design and Pendula.

Whispir suitor preparing a bigger takeover bid

A fresh takeover offer for the software company is expected to land at the higher end of guidance provided by an independent expert.

  • Tess Bennett
Vivekanand Ramgopal.

Tata Indian boss says he’s ready to take ASX pressure on CHESS

Vivek Ramgopal says Tata will keep the ASX on track as it attempts to rebuild the market’s post-trade system for a second time and responds to criticisms.

  • James Eyers

November

There is more demand for cyber security than supply, but Australia’s big general insurers are not jumping in to cover the gap.

The one risk big insurers won’t take

There may be strong demand for cyber insurance, but the local sector is not running towards that fire. Even if it is a growing piece of the insurance pie.

  • Anthony Macdonald

The category killers that defy any slowdown

Technology innovations can catch on no matter the economic weather, as this year’s lists show.

  • Michael Bailey
Minister for Communications Michelle Rowland.

Free-to-air TV wins two battles against streaming giants

The Albanese government will legislate prominent placement for local network apps on new TVs, and give free-to-air networks the first go at more sports rights.

  • Zoe Samios and Sam Buckingham-Jones
The global chip shortage is hurting car makers around the world.

Asia-Pacific tech war is really a subsidies battle

The US pivot towards protectionism and its desire to shift trade to ‘like-minded’ friends raise fears that its market will be closed to Asian exports.

  • Mary Lovely
Sam Altman

Sam Altman’s attitude shows the cult of the founder will not die

OpenAI CEO’s removal reveals an unappealing side of the 38-year-old, undermining the humility that made people worry less about artificial intelligence.

  • Dave Lee
ImpexDocs sells software tools for companies to manage their export supply chain.

Trade management software biz ImpexDocs readies raise

The company is understood to be seeking up to $14 million from a minority equity partner.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
ASX chief executive Helen Lofthouse said the project would take years.

ASX turns to Tata, passing over Nasdaq, to rescue CHESS

The sharemarket operator told investors the first part of the new system would be in place by 2026. Regulator ASIC is yet to be convinced.

  • Updated
  • Jonathan Shapiro and James Eyers
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Jaddan Comerford’s quest for new revenue streams from music has paid off handsomely with STL Tones.

Classic guitar tones made this Young Rich Lister a 150-times return

An Australian start-up that allows record producers to license their signature sounds has taken off for Unified Music founder Jaddan Comerford.

  • Michael Bailey
Chief executive Satya Nadella has bet the business on artificial intelligence.

Microsoft reveals custom-built chip to power AI services

Chief executive Satya Nadella has bet the business on artificial intelligence. Now the company is making chips to help win that bet.

  • John Davidson
r the technology sector, a trend that is captured by technology themed ETFs.

AI stocks are rallying again, but US-China chip war risks aren’t done

Nvidia is on the tear again as investors jump back into the AI hype, but geopolitical risks are lurking, starting with an election in Taiwan.

  • Updated
  • James Thomson
Life360’s tracking app monitors  a car’s braking to detect accidents.

This app lets parents track teens - and 1.7m Aussies have signed up

ASX-listed Life360 expects a big revenue boost in Australia when it rolls out its full membership offering in locally next year.

  • Tess Bennett
Dale Rankine, founder and CEO of Reekoh, has sold the company’s technology to Autodesk.

This big money play is just the start of a tech M&A wave

A big money acquisition of Brisbane tech firm Reekoh by US giant Autodesk could signal the start of a rush of deals and a period of consolidation in the sector.

  • Jessica Sier