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The Latest Breaking News from Atlassian

Atlassian To Buy Video Platform Loom For $975 Million

In its biggest acquisition to date, Atlassian said it will buy privately held video messaging platform Loom for about $975 million.

Investors Business Daily

An software CEO worth $12 billion says he goes to the office ‘once a quarter,’ bucking Big Tech's return to office trend

Atlassian CEO Scott Farquhar says he hasn't seen a productivity change after letting employees work from home.

Fortune

Atlassian Performs Despite Macro Headwinds: 4 Analysts On Q4 Print, Outlook

Shares of Atlassian Corp (NASDAQ: TEAM) surged in early trading on Friday

Zenger

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Dow Jones Rises After Jobs Report; Carl Icahn Stock Crashes 30% On Dividend Cut

The Dow Jones Industrial Average rose 190 points Friday after the July jobs report. Amazon surged on strong earnings, while Apple stock sold off. Icahn Enterprises crashed.

Investors Business Daily

Dow Jones Closes Higher; Tesla Rival Surges On New EV Truck Deal

Dow Jones rose in afternoon trading Monday. Software stocks gained. Apple held its all time high ahead of earnings. An IPO stock broke out.

Investors Business Daily

Airbnb employee says returning to office would be a 'hard sell' after Work From Anywhere travel

Traveling through three countries in five months with her husband and baby gave Bergen Kay more energy than ever to put back into her work.

Fortune

Billionaire climate activist Mike Cannon-Brookes and wife Annie to separate

The couple pledged in 2021 to spend $1.5bn of their approximately $25bn personal fortune on projects to tackle the climate crisis

The Guardian - AU

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Hybrid work is an ‘illusion of choice’, says Meta’s former director of remote work

Hybrid work isn't the truce everyone says it is if you ask Atlassian's VP of Team Anywhere.

Fortune

Funding gap means growing pains for Australian unicorns

Australian technology startups are challenging Silicon Valley ventures for investment but need changes to education and funding to take on big firms.

AAP

Twilio CEO’s top advice to founders during the downturn: ‘Follow your customer’

Advice from a veteran CEO during the uncertain market.

Fortune

Many companies aren't prepared for darknet data leaks

Many are showing indifference and lacking points of contact, while some deny being breached in the first place.

TechRadar

The Best QQQ Stocks To Buy Now

The Invesco QQQ fund gives investors an easy way to gain exposure to top tech and tech-adjacent stocks. Here, we feature nine of the hottest names in the ETF.

Kiplinger

How should Australia capitalise on AI while reducing its risks? It's time to have your say

The world missed the boat with social media. It fuelled misinformation, fake news, and polarisation. We saw the harms too late, once they had already started to have a substantive impact on society.

The Conversation

Atlassian Stock Earns 83 RS Rating, Showing Improving Market Leadership

Atlassian Cl A sees its Relative Strength Rating reach the 80-plus level.

Investors Business Daily

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The Guardian - AU

Afternoon Update: ACT least likely to lay sexual assault charges; Australian tourist dies in Kazakhstan; and Netflix password crackdown

An inquiry in Canberra has heard the jurisdiction laid charges over alleged sexual assaults at a rate six times lower than the national average

The Guardian - AU

‘Don’t F&*! The Planet’: Atlassian issues net zero guide for companies cutting climate impact

Tech firm founded by Australians Mike Cannon-Brookes and Scott Farquhar says net zero must be achieved by cutting emissions by 90% and only offsetting the remainder

AAP

Climate fix 'impossible alone and possible together'

On a quest to be a climate action leader, technology firm Atlassian has written the manual for other companies to follow suit for long-term sustainable success.

Investors Business Daily

Atlassian Stock Tumbles As Slowing Cloud Growth Trumps An Earnings Beat

Atlassian stock tumbled after the software maker reported March-quarter earnings that topped estimates but cloud computing growth slowed.

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Investors Business Daily

AI Stocks: In Case You Missed These Developments In Artificial Intelligence

Amid buzz on artificial intelligence competition, next week shapes up as busy for investors homing in on AI stocks with key earnings due.

The Conversation

MilkRun's demise is another nail in the 10-minute grocery-delivery business model

Sydney-based startup MilkRun made a big splash with its promise to deliver groceries within ten minutes, raising more than A$85 million from some of the biggest names in Australian venture capital, including Atlassian billionare Mike Cannon-Brookes.

IT Pro

Accenture bolsters industrial AI services with Flutura acquisition

Professional services giant Accenture has announced the acquisition of Flutura, an industrial artificial intelligence (AI) company based in Bangalore, India. The acquisition strengthens Accenture’s own industrial AI services, as it looks to boost the performance of plants, refineries, and supply chains, as well as help clients hit their net zero…

ABC News

Australian software giant Atlassian to shed 5 per cent of workers, or 500 jobs globally, as tech industry layoffs grow

Australian software company Atlassian will reduce its workforce by 5 per cent in response to changing economic conditions, but co-founders Mike Cannon-Brookes and Scott Farquhar say the company is not facing financial difficulties.

AAP

Tech giant Atlassian to sack one in 20 workers

Australian-based software firm Atlassian has announced it will cut one in 20 jobs in an attempt to reorganise the company amid economic challenges.

Investors Business Daily

Atlassian's Revenue Outlook Snuffs Out A 2023 Rally For The Stock

Atlassian stock tumbled after its December-quarter earnings that topped estimates but revenue guidance merely met analyst expectations.

Investors Business Daily

Enterprise Software Stocks Are Sneaking Out Of The Doghouse This Year

Some enterprise software stocks have posted double-digit gains in early 2023. But other techs seem more in favor than the software sector.

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