Plus: PwC's unusual startup agreement; Optus wants to cut a deal with TPG; APRA's cyber concerns; More turnover at Fortescue; AI spruiking on the ASX.
Technology and startups
When is something that looks like equity and acts like equity not actually equity? When it’s a “joint engagement relationship” between PwC and a startup client.
Artificial intelligence is booming, and Australia's biggest companies want you to know they're in on it.
In her first public interview since becoming APRA’s executive board member, Therese McCarthy Hockey flags cybersecurity vulnerabilities at financial institutions as a major concern.
The ACCC may have led Australia's charge to regulate Big Tech, but Julie Inman Grant is not far behind.
Plus: Australia's new cyber czar on ransoms; ANZ's Suncorp appeal; The BRICS unwieldy expansion
Nvidia's blowout quarter and rise to become the world's sixth most valuable company has shocked even the most hardened of market veterans.
2023 is on track to be the second best on record for Australian startup funding, but is currently well behind the record set in 2021.
Australian authorities have always cautioned against paying ransoms to cyber attackers in return for stolen data being returned, but the government has shied away from a total ban.
Powered by new tech-enabled platforms, syndicates are now playing a pivotal role in unlocking capital in the startup investment market.
The rise of AI and deepfakes is posing a threat to elections and democracy. But researchers warn that efforts to regulate the technology could backfire.
Australian businesses are beginning to fret as the global coworking giant reveals there is “substantial doubt” over its future.
Just like it did in Australia, Meta has pulled news from Facebook and Instagram in Canada. This time, however, it may not be temporary.
Norway is fining Meta $150,000 per day for serving targeted ads. The same could happen in Australia, where similar restrictions are under consideration.
Facing stiffening competition from Google, OpenAI is updating the way it trains ChatGPT.
