Technology

The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.

OpenAI’s Sam Altman called Ive, who designed several Apple products, the “greatest designer in the world.”

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 […]

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 […]

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 […]

It’s large and lovely, with all the Mini characteristics we know and love.

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.