The divestment comes after WiseTech appointed its founder Richard White as executive chairman last month, enabling the tycoon to take back control of the company four months after quitting as CEO following a series of damaging media reports.
With a looming federal election and a decade of deficits forecast, Treasurer Jim Chalmers has framed this year’s budget as a “platform for prosperity” – balancing modest cost-of-living relief with broader ambitions to build economic resilience.
Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.
Australia’s visionary eye-health company Opthea, which raised almost $1 billion to bring its eye injection to market, is fighting for survival today after the failure of its first Phase-3 trial.
The streaming giant has been unable to disrupt the video game market, but armed with massive resources and time, its new push to level up could leave its competitors in the dust.
The EV maker is struggling as anti-Elon Musk sentiment sparks Tesla boycotts and protests. It’s not likely to happen, but who could step in if he relinquished the reins?
AI companies promised publishers their AI search engines would send them more readers via referral traffic. New data shows that’s not the case.
“I loudly urge Musk and the Board to step up, stop being silent, and help resolve this crisis forming at Tesla,” wrote Wedbush analyst Dan Ives.
Former IBM Americas CMO Maria Bartolome Winans was the second employee of its 2021 managed infrastructure services spinoff, making something new on a legacy foundation.
Australia needs a more intelligent approach to AI from both major parties at the next election