Australian cyber security start-up bags US$24 million
Cyble, which pegs itself as Google for the dark web, raised US$24 million (AU$36 million) in its Series B funding round in early August.
News
WeWork says there’s ‘substantial doubt’ about ability to stay in business
WeWork is dealing with canceled memberships and continued losses as it struggles to stay afloat.
Almost 10,000 people willing to legally change their name to ‘Subway’ – here’s why
The company will select one person who will get free sandwiches for life in exchange for legally changing their name to ‘Subway.’
From OpenAI to Canva, Artificial Intelligence is remaking The Cloud
Seven of 16 newcomers to Forbes’ annual Cloud 100 list are AI companies. More than half of Cloud 100 companies say they have launched a generative AI feature in the last eight months.
Zimmermann now Australia’s highest-valued fashion brand after billion dollar deal
US private equity firm Advent International has bought a majority stake in womenswear label Zimmermann, setting a new bar in the Australian fashion industry with the $1.5 billion acquisition.
Even Zoom is telling its workers to return to the office
The video conferencing platform that took off during COVID-19 is ironically asking its employees to return to the office.
When it’s time to walk away from your business
Chris Edwards, co-founder of Launchpad Australia, explains when to stick with a business venture and when it’s time to move on.
AI facial recognition used in thousands of child exploitation cold cases
DHS is using facial recognition and AI to find child abusers and rescue victims in a major new operation underway to solve thousands of cold cases.
PayPal stock jumps nearly 3% after launching crypto stablecoin—here’s what to know
PayPal became the first online payment giant to enter the cryptocurrency arena on Monday by rolling out a stablecoin pegged to the U.S. dollar, sending its shares up nearly 3% despite a turbulent crypto market and as PayPal’s stock dipped to a six-year low in the wake of decreased consumer spending last year.
Covid vaccine makers’ stocks crash to multiyear lows as sales keep sliding
Moderna and BioNTech shares both cratered to their lowest price in years Monday as the companies behind the most widely-circulated mRNA Covid-19 vaccines grapple with investor disappointment with crashing revenues.