Down Round News Today

From X spitting the dummy at eSafety to Microsoft's spooky new AI, here are five things headlining tech news in Australia.

James writes about the business and culture of technology. He is co-host of the Down Round podcast, and a former editor of Business Insider Australia.

Some say being tricked into giving away $50,000 in a shoebox could happen to anyone. Others say it would definitely never happen to them.

The harsh fundraising environment starved early-stage startups of critical seed capital needed to get off the ground.

Our expert has compiled his predictions for 2024 in this article, with a focused look at M&A and global tech market investment trends

The firm had last raised funding in October 2022, when it received an investment of $60 million at a $200-250 million valuation, per news reports and Tracxn.

Juneja, managing partner, India & EMEA (Europe, Middle East and Africa) at SoftBank Investment Advisers, most of the top technology companies in India are well capitalised and have cut costs over the past year, leading to their unwillingness to opt for a down round.

BuzzFeed changed the way news was reported for the digital age. But it ultimately became a casualty of its lopsided relationship with Facebook

Several unicorns in consumer tech, edtech and health tech are still looking for investors even at a down round

The grocery delivery service imagined a brave new world where no one would need a fridge again. Now Australians must wake up to the chilling reality