The ‘Happy Accident’ that redefined a business

Founder Friday with Milton & King

Author

Maziar Foroudian
September 23, 2023

Latest Stories

While employees rank impactful work as a top attribute they care about, executives say it’s one of the least important factors to their teams.

One New Zealand selects Google Cloud to simplify infrastructure, and unlock growth and innovation opportunities for Kiwi businesses.

Holding Redlich’s Partner, Howard Rapke, and Associate, Anthea McGurty, delve into strategies for safeguarding directors and officers in business.

Here’s a recap of recent funding developments from Australia and beyond.

In this week’s Founder Friday, Bryce and Richard Capp discuss their journey at Milton & King, which attracted 834,747 users in online activity during the 2022-23.

Top stories

Running a small to medium-sized enterprise in Australia comes with unique challenges and opportunities. Here are 10 tips for Aussie SMEs to maintain growth and resilience in a competitive market.

Google has clarified that the removal of certain search features is not to make way for AI, but to experiment with new ideas. This is part of Google's ongoing effort to simplify and enhance search results. The focus, according to Gary Illyes, is on delivering clean and relevant results to users.

Australia

The review of the Reserve Bank of Australia (RBA) has recommended the creation of separate boards for interest rate setting and governance, causing concerns about the future role of the governor. However, supporters of the review argue the changes will enhance the effectiveness of monetary policy decision-making.

The surge in immigration has rescued Australia's economy from recession, but it has also created a chronic housing shortage and rising rents, leading to an inequality nightmare.

Australian Economy

Australia's major gas producers have been accused of predatory pricing by large commercial energy users, who are calling for a mandatory code of conduct to protect households and businesses. Energy users claim they have little bargaining power and are still paying excessively high gas prices.

The Australian government's new review into its COVID response is facing criticism as confusion arises over what it will actually examine. Opposition leaders are calling for a comprehensive review of both state and Commonwealth decisions.

World

Elon Musk's claims that no test monkeys died as a result of Neuralink implants have been refuted by a damning report. The report reveals the brutal conditions the monkeys endured before being euthanized, throwing animal welfare violations at Neuralink into the spotlight once again.

Wall Street stocks rose as consumer prices increased moderately in August. The Federal Reserve's cautious approach to interest rate hikes signals stability, driving optimism among investors.

Tech

Google plans to update its Misleading Representation policy, moving non-fulfillment due to lack of qualifications to the Unacceptable Business Practices policy, potentially impacting advertisers. Violations lead to account suspension.

In a recent update, Google has made changes to its helpful content documentation. However, these changes have not yet been implemented in the actual algorithm. This serves as a warning that Google may crack down on low-quality third-party content in the future.

Microsoft Advertising has introduced new generative AI tools for advertisers, including conversational ad experiences and the Ads for Chat API. The company aims to transform search and advertising with these innovative features, with plans to launch them in the near future.

Curated for you

Unleashing the full potential of AI writing tools like ChatGPT requires understanding their limitations and employing the right strategies. Here are five common mistakes to avoid when using ChatGPT in your business.

The gig economy has revolutionized how people work and offers both advantages and drawbacks. This article explores its impact on employment, regulatory challenges, and the need for responsible practices to ensure a positive future.

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