The Democratic wave at the elections came despite a wall of money from oligarchs and crypto bros. Now big tech is a big villain and a reckoning is on the way.

#election

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Heidi Health slashes 18pc of staff a day after two co-founders quit

Technology

1w ago

Heidi Health slashes 18pc of staff a day after two co-founders quit

“We just didn’t put people in the right spots,” says Heidi co-founder Thomas Kelly, as the start-up announces mass layoffs.

#heidi #kelly

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David Jones collapses into administration, executives to front staff

Technology

1w ago

David Jones collapses into administration, executives to front staff

The 188-year-old retailer has been placed into voluntary administration by directors after it was unable to reach a deal with Scentre Group.

#jones

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The death of the department store: Inside the collapse of David Jones

Technology

1w ago

The death of the department store: Inside the collapse of David Jones

Carrie LaFrenz and Lauren Sams on the slow motion demise of department stores, what tipped David Jones over the edge and what’s going to happen now.

#jones

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Hermès gives its high jewellery an eccentric equine makeover

Technology

1w ago

Hermès gives its high jewellery an eccentric equine makeover

As the creative force behind the luxury house’s jewellery, Pierre Hardy continues to defy conventions, using the horse motif in new ways for his body-focussed art.

#hardy #pierre

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Brutal dawn email crushes Canva’s cult of sunshine and joy

Technology

1w ago

Brutal dawn email crushes Canva’s cult of sunshine and joy

The Australian software giant built its reputation as a wealth factory where everyone was happy family. A day of redundancies and relocations changed all that.

#canva

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Billionaire iron ore heirs give $120m to environmental groups

Technology

1w ago

Billionaire iron ore heirs give $120m to environmental groups

The descendants of Lang Hancock’s business partner are donating to a string of conservation organisations, including Greenpeace, as their family charity pivots.

#hancock #lang #greenpeace

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‘Downton Abbey with cash registers’: David Jones from glory to decline

Technology

1w ago

‘Downton Abbey with cash registers’: David Jones from glory to decline

The end of the grand old days and why the imminent collapse of David Jones was 188 years in the making.

#downton-abbey #jones

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Technology

1w ago

David Jones CEO is still out and about

Erica Berchtold’s 14-hour days haven’t been enough to stop the retailer entering administration.

#ceo #jones #erica

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Addiction, ADHD risk drove Labor to social media ban, High Court hears

Technology

1w ago

Addiction, ADHD risk drove Labor to social media ban, High Court hears

Lawyers for the Albanese government hit back at Reddit’s constitutional challenge, saying the ban aimed to protect under-16s from social media’s worst features.

#social-media-ban #albanese #adhd

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Technology

1w ago

Will AI boom bust Canva?

The company’s challenge is to find profitable and compelling ways to incorporate the technology into its products to attract users.

#canva #australia

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Facebook’s Saverin backs merger between Sydney proptechs

Technology

1w ago

Facebook’s Saverin backs merger between Sydney proptechs

Singapore-based Eduardo Saverin, whose $US34 billion fortune makes him the richest person in the country, has tipped into the deal through his venture capital firm.

#saverin #sydney #merger

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