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Alex Colvin’s Pendula is hoping more cash will buy shareholders’ patience.

Battle for takeover target Whispir escalates

A bidding war for communications software business Whispir sent its shares rallying on Wednesday.

  • Tess Bennett
Louise Stewart, founder and CEO of ProjectPay.

Building industry payments firm shelves Aussie ambitions, heads to UK

ProjectPay founder Louise Stewart has won a British grant to get her start-up off the ground there, having felt stymied by the political culture in Australia.

  • Hans van Leeuwen

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

Apple pause on holiday watch sales points to legal bind it faces

Intellectual property lawyer James Gagen said it’s striking that Apple did not prepare a fallback position to ensure continued supply.

  • Rachel Graf

‘Very, very anxious’: Bushfire app stops working for the blind

Donna Purcell relied heavily on the Hazards Near Me app to provide early bushfire warnings. It abruptly stopped working.

  • Tess Bennett

Inside the frantic months after Nuix hit the ASX – and the skids

Now the subject of legal action by the regulator, new details show what was going on at the top of a hot tech stock which crashed back to earth.

  • Jessica Sier

Opinion & Analysis

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.

Nick Bonyhady

Technology writer

Nick Bonyhady

The ‘missing middle’ stopping Australia from being a deep tech force

To see bold ambitions in areas like quantum computing, robotics and AI come to fruition, Australia must match rival countries and grow the “M” of its SMEs.

Brian Hartzer’s warning to AI wannabes

The former Westpac boss, who is now CEO of Quantium Health, says effective AI use for companies is all about balance. 

Chanticleer

Columnist

Chanticleer

‘Nudify’ apps that use AI to undress women are soaring in use

The law is struggling to catch up with the rise in deepfake, non-consensual pornography.

Margi Murphy

Contributor

Technology reviews

No power on your porch? You can do precisely four hours of yoga in front of the Envy Move, before something has to give.

Call us crazy but we love HP’s weird and whacky Envy Move

The brand’s latest All-In-One PC seems utterly bizarre, but only until you pull it out of the box and go to put it down on your desk.

  • John Davidson

Expectations were high… but here’s why Google’s Gemini AI bombed

Until a week ago, the company’s Pixel 8 Pro was just another smartphone, albeit one with some AI-based photography tricks. But then, everything changed.

  • John Davidson
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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.

  • Nick Bonyhady

This Month

No power on your porch? You can do precisely four hours of yoga in front of the Envy Move, before something has to give.

Call us crazy but we love HP’s weird and whacky Envy Move

The brand’s latest All-In-One PC seems utterly bizarre, but only until you pull it out of the box and go to put it down on your desk.

  • John Davidson
The old feature, still enabled on mobile phone networks around the world, allows attackers to divert voice calls if they can fool phone owners into clicking on a malicious link.

Little-used mobile phone feature exposes new scam threat

A newly discovered security risk that exploits 19-year-old mobile phone technology might let scammers bypass identity checks for banking and email.

  • John Davidson
Australia has plenty of small early stage deep tech start-ups, but is short on more established “scale-up” firms.

The ‘missing middle’ stopping Australia from being a deep tech force

To see bold ambitions in areas like quantum computing, robotics and AI come to fruition, Australia must match rival countries and grow the “M” of its SMEs.

  • Sally-Ann Williams
Rebels chairman Paul Docherty (left) alongside, head coach Kevin Foote (centre) and chief executive Baden Stephenson (right).

BRC Capital faces crunch as investments including Hiro Brands fail

The company is a major sponsor of the Melbourne Rebels, with some directors in the portfolio receiving tax office notices over late payments.

  • Zoe Samios and Jessica Sier
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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.

  • Nick Bonyhady
Facebook whistleblower Frances Haugen gives evidence to a parliamentary inquiry in social media.

How to steal 25,000 secrets from Facebook

The inside story of how a Wall Street Journal reporter secured one of the biggest leaks of corporate documents in history.

  • Jeff Horwitz
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

Morgan Stanley was warned about ‘unusual’ Nuix targets in 2020

The investment bank was a co-lead manager for the software company’s disastrous 2020 float, shortly after which Nuix said it would not meet its forecasts.

  • Jessica Sier
Brian Hartzer is returning to the executive ranks.

Brian Hartzer’s warning to AI wannabes

The former Westpac boss, who is now CEO of Quantium Health, says effective AI use for companies is all about balance. 

  • James Thomson
Phillip Kingston, founder of Sargon, in better times in 2019.

Sargon’s Kingston bankrupted over $154m China financier debt

Phillip Kingston, founder of superannuation technology venture Sargon Capital, did not appear at a court hearing about money. He says he’s in Ukraine.

  • Liam Walsh and Max Mason
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.

  • Nick Bonyhady
Nuix’s then-leadership rings the ASX bell for Nuix’s IPO in December 2020.

Directors expected Nuix to make up lagging performance, court told

Nuix directors relied on performance data from management, which indicated the tech stock would get itself out of trouble in time to hit prospectus guidance.

  • Jessica Sier
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
Organisations should start embracing automation, knowledge sharing and purposeful connection.

Productivity, not presenteeism the priority for new workplace

The Australian workplace is evolving rapidly, driven by a changing understanding of productivity, the challenges of remote work, and the imperative to keep employees motivated.

Sponsored 

by Slack

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Many people, such as participants in artist Spencer Tunick’s mass nude pictures, consent to being seen naked.

‘Nudify’ apps that use AI to undress women are soaring in use

The law is struggling to catch up with the rise in deepfake, non-consensual pornography.

  • Margi Murphy
Jeffrey Bleich appears at a Nuix investor meeting in 2021.

Nuix share slump should have sparked concern about forecasts: ASIC

In its closing arguments in the long-running dispute, the regulator says directors must have known that the market did not believe they would hit targets.

  • Max Mason
TechnologyOne is also facing a retrial of a high profile HR case in April.

TechOne director claims understaffing forced him to work 70-hour weeks

The company brought forward sales targets in the previous financial year but did not have enough staff, according to new allegations made in the Federal Court.

  • Max Mason

Aussie start-up banks $15m to build AI workers

The Funded blog is the home for news on the tech deals that are done in Australia, as soon as we hear about them.

  • Paul Smith
tephen Kowal CEO of Atturra and Chris McLaughlin Ceo of Cirrus Networks, Atturra has just acquired Cirrus.

Atturra launches $50 million cash call to fund M&A

The offer price represents a 0.6 per cent premium to the last traded price.

  • Sarah Thompson, Kanika Sood and Emma Rapaport