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Software

Yesterday

The Lion King’s pit orchestra has reduced from 17 to 11 since its last Australian run in 2013-14.

Musicians are disappearing from our big musicals

A software program is behind the shrinking size of pit orchestras in musicals such as The Lion King, even as state governments continue to subsidise the tours.

Online platform OnlyFans has transformed the porn industry over the past decade.

Inside the scramble to control cash cow OnlyFans

Owner Leonid Radvinsky’s net worth was $6.7 billion at the time of his death, which has now created an uncertain future for the porn-creation business.

Shield makes AI-powered software to help run autonomous vehicles and hardware such as drones.

Shield AI nabs $2.9b, underscoring demand for defence stocks

The company said it plans to use some of the proceeds to acquire Aechelon Technology, which develops tactical simulation software.

Sukhinder Singh Cassidy says her job is to provide Xero’s customers with access to the most powerful AI models.

Xero inks Anthropic deal, insisting AI can help software giants

The ASX-listed accounting platform developer will embed Claude tools into its system, allowing users to automate tasks like chasing unpaid invoices.

This Month

Apple

Apple calls in PwC to resolve Australian payroll blunder

Hundreds of former Apple Australia employees will be issued belated payments this week after the company accidentally logged their public holidays as annual leave.

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Westpac will brief analysts on the Unite tech project on Thursday morning.

Westpac’s Unite technology project costs rise as it migrates customers

The bank said the expected cost of creating a single mortgage system would increase to $285 million, up from $265 million projected last November.

Simon Davies of CBA, Airtree Ventures co-founder Daniel Petre and Blackbird Ventures’ Rick Baker are all figuring out where different software companies stand in the AI era.

Software was eating the world, then AI started eating software

The advent of vibe-coding platforms has battered software company valuations, but industry insiders insist the sector is being reborn rather than killed off.

Jeffrey Katzenberg, co-founder of WndrCo LLC and DreamWorks Animation.

Former Disney chairman’s VC firm backs Kiwi start-up

WndrCo, the $US2.8 billion venture capital fund founded by former Walt Disney Studios head Jeffrey Katzenberg, now owns 4.7 per cent of Partly.

Mike Cannon-Brookes announced Atlassian would cut 10 per cent of staff last week.

Atlassian tumbles 8.4pc as market panics over two new AI tools

US-listed software stocks sank on news Amazon’s cloud-computing arm is developing an AI agent to automate some sales and business development functions.

Sam Kroonenburg says AI is making it easier to build start-ups with fewer people, and is vibe coding Cuttable’s products.

He sold A Cloud Guru for $2b. Now his next start-up is worth $100m

Cuttable has an AI platform that makes digital ads in bulk. Founder Sam Kroonenburg says vibe coding means it is growing faster with fewer staff.

Bret Taylor, co-founder and chief executive officer of Sierra,

OpenAI chairman Bret Taylor finds himself on both sides of disruption

One of Silicon Valley’s most influential executives, the man at the top of the AI giant’s board is preparing to bring his other start-up to Australia.

“We’re growing revenue at over 40 per cent at rare scale, and this is our eighth consecutive year of profitability on a free cash flow basis,” says Canva co-founder Cliff Obrecht.

Canva’s $60b valuation intact despite Google’s AI challenge

Google has released a high-profile AI design product known as Stitch, which recently caused a sell-off in the shares of Canva’s listed competitors.

Vibe coding your way to a functioning HR and payroll system is like 3D-printing a stethoscope and calling yourself a cardiologist.

Vibe coding HR systems won’t save businesses $250k

Get it wrong and you’re facing Fair Work claims and hundreds of thousands in potential penalties. You’re betting your business on an AI prompt.

Employment Hero CEO Ben Thompson has appointed James Keene to be its Asia Pacific MD as he pilots global AI-led expansion plans.

Employment Hero hires new MD as founder chases AI riches

One of Australia’s biggest tech start-ups says artificial intelligence has enabled it to build a new employment administration tool that has global potential.

China’s big tech firms have also adopted the tool, creating a buzz among Internet users.

China’s AI ‘lobster’ craze triggers security fears in Beijing

China’s OpenClaw AI boom is a national trend sweeping the country’s major tech companies, but it has also triggered cybersecurity fears.

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American start-up Reflection AI, which was founded by Misha Laskin (left) and Ioannis Antonoglou (right) in 2024, is competing against Chinese rivals like DeepSeek.

Australian investors offered bite at Nvidia-backed DeepSeek AI rival

Shaw and Partners is spruiking the chance to buy a stake in Reflection AI, a private American start-up designed to rival DeepSeek amid a global AI arms race.

The iShares Expanded Tech-Software Sector ETF plunged 35 per cent from a September high to its recent bottom.

Why February 23 could mark the bottom of the SaaSpocalypse – for now

Software stocks have bounced more than 10 per cent off their February low as hedge funds close short positions and analysts lift their profit forecasts.

Mike Cannon-Brookes announces the job cuts on a video message to staff.

Atlassian slashes 1600 jobs as AI challenges its future

Mike Cannon-Brookes says the software giant will shed 1600 roles, including its CTO, amid an AI-powered disruption and a brutal sharemarket sell-off.

Atlassian co-founder Mike Cannon-Brookes had a brutal message for staff on Thursday.

The 20 minutes inside Atlassian that will reverberate across Australia

The company is uniquely exposed to AI disruption. But Mike Cannon-Brookes just explained why every business (and its workers) can be upended by this revolution.

Mike Cannon-Brookes announces Atlassian layoffs
3:58

Mike Cannon-Brookes announces Atlassian layoffs

In a message to staff, Atlassian's co-founder and chief executive Mike Cannon-Brookes tried to explain why ten per cent of them were no longer needed.