Sunday raises $165m to bring domestic robot Memo to market
Sunday Robotics has raised $165 million at a $1.15 billion valuation to mass-produce Memo, a wheeled home robot trained on real household routines rather than simulation data.
Tom Whitfield Business
Corporate news, markets, and the economy
Tom Whitfield 
Oracle's $500M Restructuring Gamble Exposes Tech's AI Financing Crisis
Oracle's latest restructuring fund increase signals mounting financial pressure as it tries to fund a $50 billion AI infrastructure expansion while managing over $100 billion in debt.
Oliver Pemberton 
Universal extends cinema dates for blockbusters as Mario Galaxy movie stays put
Universal Pictures has announced it will keep major films in cinemas for at least five weeks before releasing them digitally, marking a significant shift away from pandemic-era strategies that cut theatrical runs to just 17 days.
Ella Sullivan 
Chip Crisis Deepens: Memory Shortage to Last Until 2027, Now Helium Supply Cut
Computer memory prices will remain inflated through at least late 2027 as AI demand continues to starve consumer electronics, while a fresh geopolitical crisis threatens helium supplies essential for chip production.
Oliver Pemberton 
Microsoft flattens management as Rajesh Jha retires after 35 years
Rajesh Jha, the executive who helped move Microsoft's Office suite to the cloud, is retiring after 35 years. Four leaders now report directly to the CEO instead.
Helen Cartwright 
Rivian's R2 arrives this spring at $58,000; base model won't land until 2027
Rivian has revealed full pricing and availability for its R2 electric SUV, starting with premium models at $58,000 this spring, while the promised $45,000 base model won't arrive until late 2027.
Mitchell Tan 
Hasbro Draws a Line on AI: Not in Magic, D&D, or Video Games
Hasbro's CEO has promised that generative AI will stay out of Magic: The Gathering, Dungeons & Dragons, and its video game projects, marking a significant shift from his earlier claims that AI integration was inevitable.
Tom Whitfield 
ASUS bets brand strength will survive AI-fuelled memory crisis
ASUS claims its high-end brand value and diversified product range position it to outperform rivals as memory shortages squeeze PC manufacturers, though smaller competitors face existential threats.
Sophia Vargas 
Game Developers Unveil 'Bill of Rights' to Combat Crunch and Exploitation
Union organisers are demanding baseline protections for game developers, from limits on crunch hours to AI safeguards, at the Game Developers Conference.
Tom Whitfield 
Honda's $15.7 billion EV retreat signals collapse of US electric car gamble
Honda is abandoning $15.7 billion worth of planned US electric vehicles, citing tariff pressure and Chinese competition. The move reflects a broader industry reckoning with policy shifts and market realities.
Sophia Vargas 
Google steps back from broadband battle as GFiber merges with Astound
Alphabet is spinning out its GFiber broadband unit, merging it with Astound Broadband and retaining only a minority stake. The move reveals where the technology giant's priorities now lie.
Sophia Vargas 
Google Spins Out Fiber Internet Business with Private Equity Partner
Google has announced that its GFiber internet unit is merging with Astound Broadband in a deal backed by investment firm Stonepeak, with Alphabet retaining a minority ownership stake.
Oliver Pemberton 
Sony Defends PlayStation Store as £2 Billion UK Trial Begins
Sony faces a £2 billion UK lawsuit alleging its PlayStation Store exploits market dominance to overcharge millions of gamers for digital games and add-ons.
Tom Whitfield 
Umart's warranty refusal tests Australian consumer law amid RAM price spike
An Australian tech retailer has refused to replace faulty Corsair DDR5 RAM under warranty, instead offering only a refund for the original purchase price. The case highlights a collision between skyrocketing memory prices and consumer protections.
Mitchell Tan 
Auric Mining cashes in on overlooked WA gold deposit
Auric Mining has banked $16.5 million from its Jeffreys Find gold mine in Western Australia, turning an initial $1.2 million investment into a substantial cash generator for future expansion.
Mitchell Tan 
Regional servo owner warns supply crisis may last weeks as petrol hits record highs
As conflict in the Middle East closes a critical shipping route, regional petrol stations are running dry and rationing supply while farmers and rural communities struggle to access fuel.
Liam Gallagher-Walsh 
The Dual Squeeze: Why March 2026 Is Crunch Time for Australian Households
Electricity bills up 32 per cent, mortgage stress climbing, wages standing still. Here's what the March economic data reveals about the squeeze tightening on Australian families.
Andrew Marsh 
Emergency oil release won't fix the Strait of Hormuz crisis, experts warn
The IEA released 400 million barrels of oil to combat energy price spikes from Iran war disruptions, but analysts warn the move addresses only the symptom, not the root cause: the effective closure of the Strait of Hormuz.
Sophia Vargas 
Indian Neobank Fi Winds Down Consumer Services After Failing to Scale
Fi Money is shutting down banking services to 3.5 million customers, marking a turning point for India's neobank sector. The startup's exit highlights why app-based banks without their own licences struggle to survive.
Tom Whitfield 
Chalmers warns retailers not to exploit Middle East crisis for price hikes
Jim Chalmers has told petrol retailers to stop treating Australians like "mugs" as the ACCC escalates its scrutiny of fuel price increases triggered by Middle East conflict.
James Callahan