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The Latest Breaking News from Wisetech Global

Aussie shares pare losses as US, Iran trade air strikes

The ASX200 recovered from its heavy morning losses to finish the day down just 0.2 per cent despite Iran launching attacks on US bases in Bahrain and Kuwait.

AAP

WiseTech co-founder walks as chair, but stays on board

An Australian tech giant's co-founder has relinquished his lead board role but will remain a director while denying allegations of sexual and visa exploitation.

AAP

Founder of big tech group 'cleared' by external review

WiseTech Global has released more findings from an external review into the alleged misuse of company funds by co-founder Richard White.

AAP

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WiseTech Global Offices Raided by Police, Regulators Over Chairman Richard White's Share Trading

WiseTech Global headquarters raided by Australian Federal Police and ASIC investigating chairman Richard White's alleged share trading violations. Stock plunges 17% as investigation unfolds.

International Business Times

Latham accused of endangering ex after abuse claims

Former federal Labor leader turned firebrand independent MP Mark Latham has been accused of denigrating his ex-partner online after she accused him of abuse.

AAP

From The Boardroom To Bedroom: Laurent Freixe, Andy Byron, And 5 Other CEO's Who've Lost Their Jobs Due To Affairs

Scandals that shook the C-suite: 7 CEOs, including Laurent Freixe and Andy Byron, lost their jobs over affairs. Here's what led to their downfall.

International Business Times UK

Aussie shares rebound after inflation data causes drop

The ASX200 has finished in the green due to standout company performers despite a drop on the back of hot inflation data which cooled rate cut expectations.

AAP

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Latham subpoenas tech billionaire in alleged abuse case

Mark Latham's legal team have sought to subpoena an Australian tech billionaire as part of his defence against a former partner's abuse allegations.

AAP

Super fund offloads $580m stake in embattled tech firm

Australia's biggest superannuation fund has sold its interest in local company WiseTech over governance concerns, following a chaotic board shake up.

AAP

Billionaire entrepreneurs can make for bold businesses but often with fewer checks and balances

Richard White, head of WiseTech Global, is the latest of a small number of charismatic business founders to have captured the public and corporate imagination.

The Conversation

Billionaire founder retakes control of his $32b company

Richard White has been named executive chairman of WiseTech Global, four months after stepping down as CEO amid an inquiry into his conduct.

AAP

Australian shares edge higher despite Wisetech plunge

The ASX200 has finished 0.1 per cent higher, snapping a five-day losing streak despite its leading tech company plunging to a six-month low.

AAP

Review clears billionaire tech founder of misconduct

Wisetech Global says a review has found that all of Richard White's personal workplace relationships were disclosed and there's no evidence of bullying.

AAP

WiseTech shares surge after CEO stands down – as it happened

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The Guardian - AU

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The Guardian - AU

WiseTech Global billionaire CEO Richard White steps down as company rocked by allegations of secret affairs

The Australian founder has seen his reputation and fortune hammered by claims including sex in exchange for investment and houses bought for lovers

AAP

Billionaire CEO steps down amid legal investigation

Billionaire Richard White will step down as CEO of Wistetech Global, but after a brief leave will transition into a full-time consultant on the same pay.

AAP

Aussie shares gain ground but Wisetech, MinRes tank

The ASX200 has closed 0.7 per cent higher, overcoming double-digit losses for both Wisetech Global and Mineral Resources.

AAP

Aussie shares in late comeback to extend winning streak

After being down as much as 0.5 per cent in morning trading, the ASX200 gained steadily in the afternoon to finish slightly in the green and above 8,000.

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AAP

WiseTech profit soars after deal and acquisition flurry

Logistics software company WiseTech Global announced a solid jump in profits, after a string of acquisitions and new contracts boosted revenue.

AAP

WiseTech buys rail logistics provider Blume for $603m

WiseTech Global is buying Blume Global, deepening its expansion into rail logistics in North America.

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