‘We’re really well insulated’:Canva to escape tech carnage

‘We’re really well insulated’:Canva to escape tech carnage

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.

  • byColin Kruger

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Job cuts are everywhere in tech. What does Canva know that others don’t?
Analysis
Jobs

Job cuts are everywhere in tech. What does Canva know that others don’t?

Are job cuts coming at Canva? The company says no,but it’s hard to be certain when a company like Atlassian went from a hiring blitz to lay-offs.

  • byNick Bonyhady
Canva says 100 million people - or 1.25% of humankind - now use its products each month

Canva says 100 million people - or 1.25% of humankind - now use its products each month

Australia’s largest privately held tech company is battling to reclaim its previous valuation after the industry’s dominant player,Adobe,snapped up a competitor.

  • byNick Bonyhady
Canva to go up against Microsoft and Google

Canva to go up against Microsoft and Google

Australia’s most successful privately held technology company is betting on documents,virtual whiteboards and website design to justify its mammoth valuation.

  • byNick Bonyhady
An uncomfortable reality is finally dawning on Australia’s tech sector
Opinion
Start-ups

An uncomfortable reality is finally dawning on Australia’s tech sector

Local start-ups accustomed to endless glowing magazine covers and uncritical coverage are having trouble adjusting to the souring of sentiment.

  • byNick Bonyhady
Canva’s Cliff Obrecht lost billions last week,but it’s all just ‘noise’ to him
Exclusive
Start-ups

Canva’s Cliff Obrecht lost billions last week,but it’s all just ‘noise’ to him

The nation’s most valuable privately held technology business has moved to reassure staff about its financial position after investors slashed its valuation.

  • byNick Bonyhady
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Atlassian to donate Russian revenue as Ukrainian protestors demand full boycott

Atlassian to donate Russian revenue as Ukrainian protestors demand full boycott

As Russia’s brutal invasion of Ukraine drags on,activists in Australia argue it is crucial for companies like Atlassian to do what they can to end it.

  • byNick Bonyhady
Australian businesses offer support to US employees after Roe rollback

Australian businesses offer support to US employees after Roe rollback

A number of prominent Australian companies have followed the lead of some of America’s biggest employers by offering their US-based employees financial support and care if they travel out of state to access abortion services.

  • bySimone Fox Koob
Australian tech investors’ mega bet on unicorn Canva is about to be tested
Exclusive
Start-ups

Australian tech investors’ mega bet on unicorn Canva is about to be tested

Confidential investment decks from Australia’s three leading venture funds show their dependence on Canva,which has question marks hanging over its $40 billion valuation.

  • byNick Bonyhady
Under pressure,‘soft and fluffy’ Canva takes harder line on Russia

Under pressure,‘soft and fluffy’ Canva takes harder line on Russia

Activists want the Australian graphic design giant to pull out of Russia and encourage other firms to do the same to increase pressure on the Kremlin to end its brutal war.

  • byNick Bonyhady
‘You can’t take a billion with you to the grave’:Inside the world of Sydney’s power patrons

‘You can’t take a billion with you to the grave’:Inside the world of Sydney’s power patrons

Meet the philanthropists bankrolling the city’s arts and culture institutions.

  • byLinda Morris