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The Latest Breaking News from Scott Farquhar

Embrace AI or risk future ruin, tech billionaire warns

Scott Farquhar says companies that don't adopt artificial intelligence quickly will get disrupted by those that do, and executives need to use AI daily.

AAP

Arts sector poised to benefit from AI content deal

Australian creatives would be paid for content used to train artificial intelligence under a model being hashed out by unions and business groups.

AAP

Scott Farquhar thinks Australia should let AI train for free on creative content. He overlooks one key point

CEO of Tech Council of Australia and Atlassian founder’s argument hinges on whether AI goes on to create something ‘new and novel’

The Guardian - AU

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Should big tech be allowed to mine Australians’ text and data to train AI? The Productivity Commission is considering it

Interim report on digital economy also mulls changes to privacy rules and copyright collections to help harness AI’s benefits

The Guardian - AU

Embrace AI or suffer: Atlassian billionaire's warning

Billionaire tech founder Scott Farquhar says Australia must make changes in its laws to become a powerhouse in the region for artificial intelligence.

AAP

Scott Farquhar steps down as Atlassian co-CEO

Scott Farquhar, the billionaire co-founder of Australian tech darling Atlassian, will step down as the company's chief executive after 23 years in the role.

AAP

Atlassian Earnings Top Estimates. Co-CEO Farquhar To Step Down.

Atlassian stock fell after the software maker reported fiscal Q3 earnings that topped estimates and announced Scott Farquhar will step down as co-CEO.

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Atlassian swears by remote work, but if you’re in wrong time zone, good luck landing job at $63B firm

The software firm expects members within any given team to have "at least four to six hours of overlap" with their colleagues.

Fortune

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

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

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

‘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

The Guardian - AU

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.

ABC News

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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.

ABC News

Climate 200 made nearly $6 million in political donations to teal independents ahead of federal election

Election disclosures detail the millions of dollars raised and spent by the teal independents to defeat high-profile Liberal MPs in blue-ribbon seats at the May federal election.

The Guardian - AU

Winning teal independents backed by $10.2m in political donations

AEC disclosures reveal Atlassian founder Scott Farquhar was the biggest Climate 200 donor, giving $1.5m, followed by Mike Cannon-Brookes

Daily Record

Perthshire schoolboy reported missing after vanishing from home overnight is found safe and well

Scott Farquhar (15) was last seen at home in Almondbank, Perthshire, at around 11.15pm on Tuesday before being traced

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Daily Record

Scots schoolboy vanishes from home overnight as police launch desperate appeal

Scott Farquhar, 15, was last seen at home in Almondbank, Perthshire, at around 11.15pm on Tuesday.

The Canberra Times

Good pay, work anywhere: Tech billionaire's enticing pitch to Canberrans

Atlassian has big plans to hire more than 1000 Aussies in research and development.

AAP

National skills agreement expected by 2024

Ahead of the jobs and skills summit in Canberra, Prime Minister Anthony Albanese and state leaders have initiated work on a new national skills agreement.

The Guardian - AU

Elon Musk’s return-to-office threat to Tesla staff sparks Twitter spat with Australian billionaire

Atlassian boss Scott Farquhar says he’d be happy to poach Musk’s employees for remote jobs at his software company, which allows staff to work from home

Reuters

Feeling 'super bad' about economy, Musk wants to cut 10% of Tesla jobs

Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.

Benzinga

Why Are Atlassian Shares Trading Higher Premarket?

Piper Sandler analyst James Fish lowered the firm's price target on Atlassian Corporation PLC (NASDAQ:TEAM) to $414 from $472 and reiterated an Overweight rating on the shares. The price target implies an upside of 42.3%. The analyst says the company's fiscal Q2 was another strong quarter with 8% subscription upside, out-performance across all product categories,…

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