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    Technology

    Enterprise IT

    This Month

    Atlassian founders $3.8b poorer as market punishes revenue miss

    Slowing revenue growth has dampened Scott Farquhar’s final showing as co-CEO of Atlassian.

    • Tess Bennett

    July

    Tech meltdown revealed a fundamental flaw in plain sight

    The global CrowdStrike breakdown revealed just how much of the global IT system is built on inherently unsafe code.

    • Tom Burton
    Google planned to make Wiz a key part of its fight against Microsoft and Amazon Web Services.

    Google’s biggest acquisition falls over as $35b offer rejected

    Cybersecurity firm Wiz has turned down a mammoth takeover bid from Google’s parent company, Alphabet, sticking with an IPO plan.

    • Lynn Doan and Julia Love
    CrowdStrike shares are down, but its long-term prospects look fine, according to investment experts.

    Why investors see an opportunity in CrowdStrike shares

    Australian stock pickers say a plunge in CrowdStrike’s shares after it caused a global outage represents a buying opportunity, with slim cyber pickings on the ASX.

    • Tess Bennett
    Medibank is facing increasing legal challenges related to a 2022 data breach.

    Huge cyber fines to be ‘Ford Pinto’ moment Australian business needs

    The threat of business-crushing penalties could change the economics of storing sensitive data and cybersecurity investment.

    • Paul Smith
    Advertisement
    Home Affairs Minister Clare O’Neil is leading the government’s cybersecurity efforts in cabinet.

    Cyber is our fastest growing national security threat: O’Neil

    The Home Affairs Minister says Labor’s plans to boost Australia’s defences against increasing online risks are already delivering results.

    • Tom McIlroy

    Big tech domination leaves Canberra, states ‘highly vulnerable’

    According to some estimates, Microsoft’s Windows and its 365 suite of office software run on more than 80 per cent of federal and state government computers.

    • Tom Burton
    A blue screen of death.

    CrowdStrike failure raises billion-dollar compensation question

    Insurers could bear the brunt of costly fallout from the global IT outage on Friday, as techies at companies worked over the weekend to get services back up and running.

    • Paul Smith and Ronald Mizen
    ASX CIO Tim Whiteley is attempting to deliver a raft of tech upgrades.

    ASX cuts back on overpaid tech contractors who were ‘taking the p---’

    The company’s tech boss is reducing reliance on contractors and consultants after insiders blew the whistle on temporary staff.

    • Paul Smith
    The ASX board on Bridge Street in Sydney. The exchange is replacing four key systems, including CHESS.

    The ASX faces a ‘ticking time bomb’ as technology upgrades delayed

    The market operator is attempting to simultaneously upgrade several major systems, one of which is at an early stage and already seven months behind schedule.

    • Paul Smith
    ASX CEO Helen Lofthouse, had to pull the pin on the CHESS upgrade early in her tenure.

    Regulator needed as ASX techies tinker with critical infrastructure

    The ASX has a glut of big tech upgrades to deliver, on top of its CHESS debacle ‘do-over’. If it stuffs them up, then everyone in the market suffers.

    • Paul Smith
    Redactive co-founders Lucas Sargent, Andrew Pankevicius, and Alexander Valente have international ambitions after raising capital.

    Ex-Atlassian insiders pull in millions for AI development start-up

    Redactive has raised $11.5 million from local and US-based investors after convincing financial services clients to use it to help software engineers develop AI tools.

    • Paul Smith

    May

    MinterEllison CEO Virginia Briggs says rather than feel excluded by the firm’s AI program, some graduates are excited to work with the technology.

    If AI can do the work of a grad lawyer, what does a grad lawyer do?

    As tech increasingly takes on the legal grunt work, MinterEllison is trying to rethink the work and skills of its young lawyers.

    • Hans van Leeuwen

    March

    Dan Houden, CEO Task Group, met wit

    Sydney family behind McDonald’s app worth more than $100m

    A US-based rival has offered to buy ASX minnow Task Group, which was founded by Sydney’s Houden family in 2000.

    • Tess Bennett

    How Metcash’s $80m tech upgrade blew out by $200m

    A plan to replace nine IT systems with one Microsoft platform is a case study in how not to manage a large-scale tech project.

    • Tony Boyd
    Advertisement
    There is no such thing as safe as houses when it comes to assessing risk for investors in property and sharemarkets.

    Could turning laws into code help fix the housing shortage?

    Allowing computers to read and interpret laws based on sophisticated rules could revolutionise regulation and the way you interact with government.

    • Tom Burton

    February

    Marek Rucinski says AI can help identify when an organisation is likely to underpay superannuation.

    AI auditors let the ATO find millions in unpaid tax and super

    Natural language AI models have helped the ATO find hundreds of millions of liabilities and pinpoint organisations that may not be paying employees enough super.

    • Paul Smith
    ASX CEO Helen Lofthouse is laying off staff ahead of next Friday’s earnings call.

    ‘New era’ ASX starts with redundancies as CEO swings axe

    Technology staff are the most affected by redundancies before ASX’s half-yearly earnings due on Friday, as it looks to reorganise after its CHESS disaster.

    • Paul Smith
    CBA’s Gavin Munro with Microsoft’s Alysa Taylor, at the bank’s Sydney headquarters.

    CBA claims AI is already making it work 30pc better

    AI is making the bank’s highly paid staff more efficient by doing some of their boring work, CBA’s tech boss says, while its customers will deal with AI more.

    • Paul Smith
    Armughan Ahmad has resigned as chief executive of Appen effective immediately.

    CEO exits stricken Appen after year of ‘great change’

    The chief executive of struggling data services company Appen has resigned after 12 months. Ryan Kolln is elevated to the top job.

    • Tess Bennett