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The Latest Breaking News from Mike CannonBrookes

EToro to blast off with superannuation app Spaceship

The Mike Cannon-Brookes backed Australian superannuation platform Spaceship has been acquired by eToro in a deal worth up to $80 million.

AAP

Cannon-Brookes: Australia's Billionaire Climate Warrior

Tech billionaire Mike Cannon-Brookes once joked he could not tell the difference between an AA battery in his kids' toys and the gigantic lithium-ion units powering today's green energy revolution.

International Business Times

Atlassian's billionaire cofounder wants to send renewable power from Australia to Singapore via a 2,600 mile-long undersea cable

On Wednesday, Australia approved an ambitious project from Mike Cannon-Brookes's SunCable to connect Singapore with a massive Australian solar farm.

Fortune

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Australia greenlights $19bn solar project to export power to Singapore

Australia-Asia Power Link is slated to provide up to 15 percent of city-state’s energy needs once completed.

Al Jazeera

World's 'largest solar precinct' approved by Australian government

An ambitious plan to build a massive solar farm in remote northern Australia to transmit energy by a submarine cable to Singapore is a step closer after the Australian government granted environmental approvals for the $19 billion project on Wednesday

The Independent UK

Huge NT solar farm backed by Mike Cannon-Brookes gets environmental approval

Go-ahead given for first stage of $30bn SunCable project, which minister says will be ‘transformational’ for Northern Territory

The Guardian - AU

Australia Approves world's 'Largest' Solar Hub

Australia on Wednesday approved plans for a massive solar and battery farm that would export energy to Singapore, a project dubbed the "largest solar precinct in the world".

International Business Times

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Start date questions heat up over $30b solar mega-farm

Approval of a huge renewable-energy project could establish Australia as a leader in the field, but there's no start date in sight for the solar farm.

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

Tech 'team anywhere' marks 1000 days of remote work

Tech company Atlassian is counting the gains and burnout lessons of betting on a different future of work for its remote or "distributed" employees.

AAP

Sun Cable: Mike Cannon-Brookes takes charge of ‘world-changing’ solar project

Billionaire says renewables will drive Australia’s next commodities boom as his Grok Ventures finalises acquisition

The Guardian - AU

AGL agrees to keep Victoria’s Loy Yang A power station available until mid-2035

Deal with Victorian government includes $50m to support ‘orderly retirement’ of coal-fired plant to provide certainty to workers, the community and industry

The Guardian - AU

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

Mike Cannon-Brookes wins control of Sun Cable solar project from Andrew Forrest

Entrepreneur says plan to send renewable energy to Singapore from Northern Territory a ‘nation-building project for Australia’

The Guardian - AU

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The New Daily

Sun Cable deal a game-changer for solar power

A consortium led by Mike Cannon-Brookes' Grok Ventures says Sun Cable has the potential of being a nation-building project for Australia.

AAP

Sun Cable a 'big swing': winning bidder Cannon-Brookes

Mike Cannon-Brookes says it is "time to stretch our country's ambition" after winning the bidding for the massive Sun Cable energy project.

AAP

Cannon-Brookes, Quinbrook said to win Sun Cable bidding

Mike Cannon-Brookes' Grok Ventures, Quinbrook Infrastructure Partners and an overseas partner have won the bidding for Sun Cable, AAP has learned.

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

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ABC News

Sun Cable: Why Australia's two richest men are battling to control an unbuilt solar farm

Mike Cannon-Brookes and Andrew "Twiggy" Forrest used to be lead investment partners on the $30 billion Sun Cable project. Now, they're bidding against each other to control it in a closed-door process close to resolution.

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.

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.

AAP

AGL Energy boss optimistic on fully decarbonised nation

AGL chief executive Damien Nicks is putting a turbulent year behind him and is optimistic the company can spark a fully decarbonised economy.

AAP

Moelis & Co appointed advisors to Sun Cable sale

The voluntary administrators to Sun Cable say the sale process has commenced for the $30 billion solar project, with binding proposals due by the end of April.

AAP

Sun Cable shines with $65m lifeline

The collapsed Sun Cable solar farm project is poised for a new dawn with a $65 million interim funding offer from one of its billionaire investors.

ABC News

Sun Cable demise shows renewable energy mega projects 'really hard'

The collapse of billionaires' plans to export solar power from northern Australia to Singapore highlights the challenges facing mega renewable energy projects, experts say.

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