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The shock collapse of the once heralded start-up business MilkRun busted because of its rapid growth, according to an industry expert. The delivery company MilkRun will be permanently ceasing operations by Friday, leaving workers reeling…

The ‘tech wreck’ just got a whole lot worse with Amazon announcing that 9000 jobs will be slashed. It comes just two months after Amazon cut 18,000 roles, back in January, which at the time represented six per cent of Amazon’s workforce and…

Gerry Harvey has hit back at investors after his company Harvey Norman suffered an eye-watering $386 million wipe-out. On Tuesday, the firm revealed that its sales in January had dropped by 10.2 per cent and that its profits for the first…

Bitwise Industries, a US-based tech service provider that trains workers in underrepresented communities, has raised $80 million in a funding round led by existing investors Kapor Center and Motley Fool, the company told Reuters. The latest…

There are fears that the risk of Australia falling into recession has risen with early signs pointing to potential financial doom for the country as the strain of soaring inflation and cost of living pressures show no signs of easing.While…