This Month
615,000 customers locked out of super accounts by Google fail
The super fund has blamed Google’s cloud computing services for the prolonged outage.
- Lucy Dean
April
AI boom drives $174m data centre deal on 3.6pc yield
Macquarie Technology Group will acquire the Intellicentre Campus at Macquarie Park from Singapore’s Keppel DC REIT as it looks to lift data storage capacity.
- Larry Schlesinger
- Updated
- NEXTDC
NextDC boss says nuclear should be on table as AI sucks up energy
The country’s largest listed developer and operator of data centres is raising $1.3 billion to expand its operations amid a boom in demand for computing power.
- Updated
- Tess Bennett
- Exclusive
Google ‘ghosts’ Aussie staff on promotions as cloud boss quits
The boss of Google’s local cloud division has resigned, with employees saying it has scaled back promotions as it struggles to compete with Amazon and Microsoft.
- Tess Bennett
March
Cybersecurity roll-up Sovereign Cloud Holdings launches rights issue
The new shares issued will represent 245.5 per cent of Sovereign’s shares on issue.
- Sarah Thompson, Kanika Sood and Emma Rapaport
NAB chases MYOB and Xero with new Bookkeeper software
It is the bank’s first foray into the accounting tools market dominated by the two Australian companies, with its new product aimed at sole trader customers.
- James Eyers
Amazon books losses on $6b Aussie sales as retail and cloud boom
The US tech giant’s local online retail and cloud computing businesses are both printing money, with 20 per cent year-on-year growth, but it is still booking losses, newly published accounts show.
- Tess Bennett
February
Megaport on M&A watchlists as Slattery heads for exit
Nothing lights up Street Talk’s radar like a company getting its defence strategy in order.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Atlassian plunges $10b as earnings blues continue
Shares in Australian software giant Atlassian have continued to plummet after Friday’s earnings announcement, but analysts think the stock will recover.
- Tess Bennett
Cloudflare says Atlassian server briefly hacked in November
Internet-security company Cloudflare said one of its Atlassian servers was accessed over several days by what it believes that was a nation state attacker.
- Timothy Moore
January
AI lifts Microsoft revenue but cloud growth disappoints some
The tech company revenue and earnings per share beat expectations, reflecting interest in new artificial intelligence products.
- Updated
- Dina Bass and Jackie Davalos
December 2023
AirTrunk’s Robin Khuda super-charges the data centre sector
In the space of eight years, AirTrunk has built 11 data centres in Australia, Hong Kong, Japan, Malaysia and Singapore, with more in the pipeline.
- Nick Lenaghan
Your office could double as a data centre – with free hot water
Liquid-cooled server racks can create opportunities in technology and real estate as demand for computing power grows with artificial intelligence.
- Michael Bleby
November 2023
- Exclusive
- Software
Scott Farquhar’s 100-year plan for Atlassian to keep building
Atlassian’s shares plunged after quarterly earnings losses last week, but Scott Farquhar says he is ‘jazzed’ at the growth opportunities in the AI era.
- Paul Smith
Atlassian shares plunge as growth slows
Shares fell by more than 10 per cent after the company said that it lost $US32 million in the last quarter. However, it continues to invest in cloud and AI.
- Paul Smith
October 2023
- Analysis
- The Breakdown
Why Microsoft jumped and Google slumped when both beat expectations
A modest gap in cloud computing performance pushed the tech giants’ share prices billions in different directions, showing investors care about one thing: AI.
- Nick Bonyhady
Microsoft alliance opens door to private spending on national security
Former national cybersecurity adviser Alastair MacGibbon says the government cannot hope to fight off cyber threats without big-money private operators.
- Tess Bennett
- Opinion
- AI
Microsoft’s new $5b Aussie deal is a massive tech land grab
The tech giant’s Australian investment is a significant move to commandeer two of the biggest and most lucrative global technology bandwagons.
- Paul Smith
- Exclusive
- Funding
High-profile founders cash in as tech investor confidence returns
Big funding rounds are returning to the Australian tech centres and Local Measure and Darwinium are the latest to raise without hurting their valuations.
- Paul Smith and Tess Bennett
AirTrunk flags new Osaka data centre as it eyes $10b-plus IPO
The announcement comes in the midst of a purple patch for the firm, and the sector more generally, buoyed by the soaring demand for cloud computing.
- Nick Lenaghan
