World News
Which top legal minds invested in the neocloud ahead of its ill-fated IPO? Plus: Victoria’s new legal leaders and the High Court – finally! – gets live streams.
World News
There’s one profession even more over-represented on Firmus’ share register than investment bankers: professional athletes.
Technology
The data centre developer’s co-CEO has sought to play down concerns that its fortunes are inextricably linked with the US tech giant.
Technology
Firmus’ share register is scattered with the names of some of the country’s biggest bankers, fund managers, wealthy families and investors.
AI data centre developer Firmus Technologies has appeared before a parliamentary inquiry and given assurances it will only use diesel generators in times of emergency.
Technology
A long-time banker, a former Victorian Liberal Party official and a low-profile lawyer were among the first to back the data centre hopeful – at a bargain price.
World News
Simon Raftery alleges his rivals Ben Madsen and Justin Epstein conspired against him after he claimed he was owed part of a stake in the high-flying neocloud.
Technology
The previously undisclosed extent of the stockbroking giant’s exposure to the data centres developer is revealed in a comprehensive shareholder register.
Business & Economy
With the benefit of hindsight, Firmus would have had a challenging market debut. Conditions are less supportive and neoclouds are under more scrutiny.
Selina Bryan is the Communities Reporter and a presenter with ABC News in Hobart.
World News
The veteran’s strangely bullish investment has caused ripples through the $22 billion fund manager.
A Firmus AI research and development facility has received approval, reiterating calls to overhaul a planning scheme criticised as being unfit for purpose.
World News
Muddying the waters are conflicts and varying reports about how much indicative demand there was, while few investor updates were sent when demand fell away.
Business & Economy
ASIC’s inquiries could reinforce to the market that transparency in deal marketing are non-negotiable for maintaining public faith in the financial system.
ASIC has confirmed it is investigating the aborted float of data centre start-up Firmus that would have been the largest ASX listing since Telstra in 1997.
Business & Economy
The corporate regulator is examining the claims made by Firmus’ bankers during marketing of the failed IPO.
Business & Economy
JPMorgan Asset Management’s Oliver Cox says rising interest rates have piled pressure on cash-burning neoclouds and thrown their business models into doubt.
ASIC has confirmed it is investigating the aborted float of data centre start-up Firmus that would have been the largest ASX listing since Telstra in 1997.