Australian tech billionaires Mike Cannon-Brookes and Scott Farquhar have taken a financial hit as their software company posts widening losses.
Terra.do was founded in 2020 and launched in Australia this week,with about 4500 clean energy jobs available across the country.
Mike Cannon-Brookes and Scott Farquhar’s Atlassian plans to fund the purchase of the company – which facilitates remote work – almost entirely from its existing cash reserves.
Marriage trouble makes them kindred spirits of sorts,but Mike Cannon-Brookes and Andrew Forrest are anything but friends.
A source linked to the couple has confirmed they separated more than a month ago. They married in 2010.
Technology giants,once touted as saviours of the office,are rethinking how much space they need as they cut staff and deal with a workforce that prefers to work remotely.
Architects building the new Tech Central hub hope to lure the world’s brightest minds.
Two things the climate emergency calls for most are bold ambition and money. Last week,Mike Cannon-Brookes left little doubt that he has both. But can he pull off his most ambitious proposal yet?
Tech billionaire Mike Cannon-Brookes has prevailed over mining tycoon Andrew “Twiggy” Forrest in a months-long contest to acquire the collapsed Sun Cable mega-project.
The company claimed in February its hubs were no longer losing money and that its cash reserves would last 12 months.
The company’s bosses say it is in a unique position to avoid fallout from the tech purge that has claimed about 150,000 jobs worldwide so far this year.