November 27, 2024

The US Federal Trade Commission (FTC) has initiated a broad antitrust investigation into Microsoft, focusing on the company’s cloud computing, software licensing, artificial intelligence (AI) and cybersecurity offerings. The probe marks a renewed scrutiny of Microsoft’s business practices, reminiscent of its legal battles over bundled software in the 1990s. The FTC is said to have […]

Dell Technologies (NYSE: DELL) posted third-quarter earnings for fiscal 2025 that delivered mixed results. Revenue rose 9.3% year-over-year to US$24.37bn but fell short of analysts’ consensus estimates of US$24.66bn. Adjusted earnings per share (EPS) landed at US$2.15, exceeding expectations of US$2.07. The Infrastructure Solutions Group (ISG), buoyed by robust demand for AI servers, was a

US markets dipped slightly, with tech stocks pressured by disappointing news from Dell, HP, and CrowdStrike. The Nasdaq Composite fell 0.6%, closing at 19,060.48. All of the magnificent seven declined, led by Nvidia. The S&P 500 dropped 0.38% to 5,998.74, ending a seven-day winning streak. The Dow Jones Industrial Average fell by 138.25 points, or

Syenta, a company founded on technology developed from research at the Australian National University, focuses on revolutionising semiconductor chip manufacturing. The company’s proprietary method, called localised electrochemical modelling, accelerates the advanced packaging process, crucial for high-performance chips used in IoT, AI, and 6G technologies. Unlike traditional photolithography, which is slow and costly, Syenta’s process combines

Calumino, founded in 2014 in Sydney, specialises in providing affordable, intelligent infrared sensing technology. The company has developed a unique sensor platform based on micro-optical mechanical systems (MEMS), a subset of semiconductor technology. Unlike traditional infrared sensors, which are either low-resolution and inexpensive or high-quality and costly, Calumino’s sensors offer military-grade performance at a significantly

DeteQt, a Sydney University spin-off founded in 2020, is developing a revolutionary magnetic field sensor using quantum technologies combined with semiconductor innovations. The company’s goal is to create the smallest and most sensitive sensor available. Traditional magnetic field sensors are either too large, expensive, or not sensitive enough for precise applications like navigation. DeteQt’s breakthrough

Feature Panel: Going global – Funding and commercialising Australian innovation on the worldwide stage – Moderator: Nathan Simiana, Deloitte– Marc Kennis, Pitt Street Research– James Berman, Bell Potter– Paula Adamson, Wrays– James Walker, Scalare Partners– Mike Nicholls, Main Sequence Ventures– Pat Stewart, Radium

PYC Therapeutics (ASX:PYC) has announced plans to advance its investigational drug candidate, PYC-003, into human clinical trials for Autosomal Dominant Polycystic Kidney Disease (PKD) in early 2025. This decision follows the completion of pre-clinical studies demonstrating safety, efficacy, and targeted delivery in animal models and patient-derived kidney cysts. PKD is a genetic disorder that causes

Web Travel Group (ASX:WEB) has reported mixed results for the half-year ending 30 September 2024, its first reporting period since the demerger of its B2C businesses. The demerger, finalised on 30 September, saw Web Travel retain its WebBeds B2B travel marketplace, while Webjet Group, now operating separately, took over the B2C divisions, including Webjet OTA

Web Travel Group (ASX:WEB) has reported mixed results for the half-year ending 30 September 2024, its first reporting period since the demerger of its B2C businesses. The demerger, finalised on 30 September, saw Web Travel retain its WebBeds B2B travel marketplace, while Webjet Group, now operating separately, took over the B2C divisions, including Webjet OTA