Business

Abel Avellan is taking on SpaceX and Jeff Bezos’ Project Kuiper in the battle to provide broadband satellite internet directly to your smartphone.

The latest fundraising round values the company at AUD$9.6 billion, and is the first time Blackbird is included in the cap table. It has now raised more than a billion dollars in VC capital, and is on track to hit a billion in annual revenue this year. Melbourne-founded decacorn Airwallex has closed its Series F […]

Mortgages and some cost-of-living expenses are set to ease slightly, after a long-awaited interest rate cut. “At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.85 per cent,” an RBA statement reads. The RBA decision today was based on moderating Inflation and an uncertain economic outlook. “The Board judged […]

Adams joins Canva co-founders Melanie Perkins and Cliff Obrecht in giving the majority of his fortune to charity as part of his promise. Key Takeaways Key background The Giving Pledge, signed by Canva co-founder Adams, is a promise by the world’s wealthiest philanthropists to give the majority of their wealth to charitable causes in their […]

Launched in 2017, the restaurant technology platform backed by celebrity chef Marco Pierre White has completed a hefty Series A raise as it eyes a UK expansion. Key Takeaways Big number $18.2 million – that’s how much cash EatClub raised in its Series A. The round was led by Co:Act Capital, a Melbourne-based venture capital […]

A spokesperson for former President Joe Biden said he has an “aggressive form” of the illness.

In his second term, Donald Trump is still pushing forward with new deals all over the world. No one has more of them than Saudi real estate developer Yousef Al Shelash.

Kord’s ‘centralised point of control’ allows soldiers to easily operate complex body and weapon-worn electronic devices. It was developed with the Australian Army and is now being used on the Ukrainian battlefield. The Rifle Accessory Control Unit (RACU) is ‘push-button control technology’ that enhances a soldier’s lethality and situational awareness, according to Kord. It gives […]

While no single text message is a red flag on its own, repeating patterns are worth paying attention to. Here are three common texting habits that may signal emotional unavailability underneath the surface. Emotional unavailability isn’t always easy to spot. It doesn’t always show up as someone ghosting you or saying they’re “not ready for […]

On Forbes’ list of the top-earning athletes, 10 surpassed $101 million. See who ranked at the top, including three NBA stars, an NFL quarterback—and Cristiano Ronaldo.