Anastasia Santoreneos

Company founders Mike Cannon-Brookes and Scott Farquhar revealed the news in a blog post, citing changing company priorities.

Olympia Yarger is the founder of Goterra, a biotech business aiming to kill two birds with one maggot (or thousands of them). Yarger’s colony has so far processed more than 35,000 tonnes of food waste and raised more than $9 million.  

Australian airline Qantas has returned to profit after three years, with underlying profits before tax reaching $1.43 billion in the six months to 31 December 2022.

Victor Friedberg, co-founder of the US$1.5 billion S2G Ventures fund and thought-leader in food and agriculture, is launching a new US$150 million fund, New Epoch Capital on 1 December 2023.

What’s it really like going up against two trillion-dollar companies?

Quantum Brilliance, an Australian-German company, is using diamonds to drastically reduce the cost of quantum computing.

Singer Rihanna’s makeup touch-up during her Super Bowl performance has earned her brand Fenty Beauty US$5.6 million in media impact value in the first 12 hours.

Billionaire Laurence Escalante, who owns online casino Virtual Gaming Worlds, confirmed two of his Lamborghinis had been involved in the crash.

Women founders received 33% of angel and pre-seed funding in 2022, up from 21% the year before, data from Cut Through Ventures shows.

Oracle Red Bull Racing, the leading Formula One (F1) team, has partnered with Australian e-commerce giant Rokt to find female “ethletes”.