Australian tech billionaire and climate activist Mike Cannon-Brookes has defended his company’s sponsorship of the Williams Formula 1 team and his use of a private jet, emphasizing the need for pragmatic trade-offs in the pursuit of sustainability.
Tech billionaire Mike Cannon-Brookes’ Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.
Helietta Holdings—an investment vehicle controlled by tech billionaire Mike Cannon-Brookes’ Grok Ventures—has agreed to acquire the assets of Sun Cable, months after the project that was once touted as the world’s largest solar energy initiative went into liquidation amid shareholder disagreements.
Australian SaaS company Atlassian has launched a guidebook that outlines its journey to net zero in a bid to help accelerate other businesses’ sustainability plans.
Company founders Mike Cannon-Brookes and Scott Farquhar revealed the news in a blog post, citing changing company priorities.