Okta stock slid more than 11% after hacker accessed company’s support system
The company said its Okta authentication service was not targeted and remains unaffected by the hack.
Investing
Alphabet Earnings: Google parent stock slides despite profit, sales beats
Alphabet brought in a robust $59.6 billion in ad revenue last quarter but Wall Street soured on weaker than anticipated profits in the company’s cloud business.
Apple reportedly launching new products next week
The company will reportedly announce new Mac computers next Monday.
Latest leadership shuffle at Qantas to address ‘challenges and opportunities’ ahead
Qantas Group has announced a new chief executive officer for its regional and charter business, QantasLink.
Microsoft sinks $5 billion into Australia to ‘help seize AI era’
The investment will roll-out over the next two years, and will be the single largest investment in is 40-year history in the country.
The Asian funding opportunity for Aussie startups and property ventures
It is undeniably a challenging landscape for Australian startups endeavouring to secure funding right now, owing to a pronounced correction in venture capital markets and the notable increase in interest rates. But Asia could present a promising funding opportunity.
Musk warns of ‘enormous challenges’ for Tesla Cybertruck production and pricing
Tesla’s reinterpretation of the pickup truck should arrive in November, though at low volume. And the company’s billionaire CEO declined to provide a 2024 sales target.
Musk confirms X subscription tiers coming ‘soon’
X, formerly known as Twitter, is launching two tiers of premium subscriptions.
Elon Musk loses $24 billion after Tesla stock falls roughly 9%
Tesla stock fell after a poor earnings report and ominous statements from CEO Elon Musk.
HR ‘double unicorn’ Employment Hero valued at $2bn after $263 million raise
Tech unicorn Employment Hero has announced a $263 million Series F round to fuel its rapid global expansion, the company revealed on October 19.