Billionaire founders’ stakes in Atlassian diverge with share deals

The Sydney Morning Herald - Nov 10, 2026

Scott Farquhar and Mike Cannon-Brookes once held equal stakes in the software giant, but Farquhar is now selling shares, while Cannon-Brookes buys up.

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POSCO International completes $700 mil. LNG terminal expansion in Gwangyang

Nov 10, 2026

POSCO International completes $700 mil. LNG terminal expansion in Gwangyang

POSCO International, the energy and trading arm of POSCO Group, completed its second liquefied natural gas (LNG) terminal in Gwangyang, cementing its position as Korea's top private natural gas operator and reinforcing domestic supply lines. The company held a completion ceremony Tuesday at the Gwangyang LNG terminal, attended by about 100 people, including government officials, business representatives and executives from POSCO Group. The project cost 949.2 billion won ($700 million) and took 47 months to complete, adding two storage tanks, each with a capacity of 200,000 cubic meters, along with supporting facilities. The development also includes a berth capable of accommodating LNG carriers with capacities of up to 270,000 cubic meters and a separate bunkering berth for vessels of up to 20,000 cubic meters. With the completion of the second terminal, the combined storage capacity of POSCO International's first and second terminals has increased from 930,000 kiloliters to 1.33 million kiloliters, the largest capacity operated by a single private company in Korea. The company said the f

Everland's newest panda Shubao draws 50,000 visitors in 10 days

Nov 10, 2026

Everland's newest panda Shubao draws 50,000 visitors in 10 days

Shubao, the youngest giant panda at Everland, has drawn about 50,000 visitors in roughly 10 days since she first went on public view, the theme park’s operator said Tuesday. Samsung C&T’s resort division, which runs Everland in Yongin, Gyeonggi Province, said the cub began appearing at the park’s Panda World enclosure on Oct. 30. She was on view for about an hour a day in her first week. Everland has since raised that to three to four hours as she gets used to visitors. Shubao was born June 3 to mother Aibao and father Lebao. She is the fourth giant panda born in Korea, after Fubao in 2020 and twins Ruibao and Huibao in 2023. Fubao moved to China in April 2024. Crowds are also coming to see the twins before they leave for China in the third week of December. Under international conservation rules, giant pandas born outside China must move there before they turn 4, when they reach breeding age. About 100,000 people have visited the twins at their enclosure in the month or so since Everland announced their departure. The twins will start a month of quarantine on Friday, but will stay

Ceragem earns 9 CES Innovation Awards for AI-powered health care products

Nov 10, 2026

Ceragem earns 9 CES Innovation Awards for AI-powered health care products

Health care equipment maker Ceragem has won nine CES 2027 Innovation Awards for eight products on Tuesday, marking its fourth consecutive year of recognition and bringing its cumulative total to 30 awards. The company has previously won three awards in 2024, six in 2025 and 12 in 2026. This year’s awards include products designed to meet the health care needs of different age groups, from infants and young children to older adults. The eight award-winning products are: Ceragem artificial intelligence (AI) Wellness Home, Therapier AI Multi Boosting Capsule, Youridm AI Muscle Longevity System, AI Sleep Recovery Pillow, AI Pet Wellness Suite, AI Neuro Focus Office Chair, Senior Wellness Sofa with AI Adaptive Care and AI Sensor Pod & Smart Crib. Ceragem AI Wellness Home, which won an award in the AI category, uses physical AI to analyze users' biometric data and daily routines, assess their health status and automatically adjust connected home environments and health care devices to their needs. The platform brings together connected devices, health data and services to deliver personalize

LS Eco Energy makes push for world's 1st mass production of samarium

Nov 10, 2026

LS Eco Energy makes push for world's 1st mass production of samarium

LS Eco Energy, a subsidiary of LS Cable & System, said Tuesday it will begin trial production of samarium metal in December, with the goal of becoming the world's first company to mass-produce the key material for permanent magnets using non-Chinese raw materials. The move is part of the company's efforts to establish a supply chain independent of China ahead of new U.S. restrictions on rare earth materials used in defense applications. According to the company, LS Eco Energy is investing 11.6 billion won ($8 million) to build a samarium metal production facility at its subsidiary LSCV in Ho Chi Minh City, Vietnam. The company plans to begin trial production in December before moving to full-scale mass production. The facility's annual output of 240 tons of samarium metal would be sufficient to produce approximately 700 to 1,000 tons of samarium-cobalt (SmCo) permanent magnets. Samarium is a key material for SmCo permanent magnets, which retain their magnetic strength at high temperatures. SmCo magnets are used in aerospace and defense applications, including fighter jets and missiles. St

Hackers plunged dozens of European supermarkets into chaos. It should worry Australians how easy it was

Nov 10, 2026

Hackers plunged dozens of European supermarkets into chaos. It should worry Australians how easy it was

Freezers in dozens of stores across at least 11 countries were cranked up remotely, in a hack that cost less than $10. It should worry Australians.

Jensen Huang admits affair as NVIDIA probes reports of alleged Chinese spy operation

Nov 10, 2026

Jensen Huang admits affair as NVIDIA probes reports of alleged Chinese spy operation

NVIDIA shares fell after the CEO’s admission prompted a board investigation, raising questions about his future at the company he co-founded.

Apple reportedly looking to combine the iPhone’s Action Button and Camera Control

Nov 10, 2026

Apple reportedly looking to combine the iPhone’s Action Button and Camera Control

The rumoured change could see a single button handle camera access, app launches and shortcuts.

Xiaomi details HyperOS 4 update rollout schedule

Nov 10, 2026

Xiaomi details HyperOS 4 update rollout schedule

More than 80 Xiaomi, Redmi, and Poco phones and tablets are scheduled to receive the update.

Nvidia faces defining test as Jensen Huang probe adds to chip stock turbulence

Nov 9, 2026

Nvidia faces defining test as Jensen Huang probe adds to chip stock turbulence

Nvidia is facing an unprecedented valuation test as a board inquiry into CEO Jensen Huang exposes the US chipmaker to a rare key-person risk, while investors also weigh the midterm elections’ potential impact on Washington’s chip controls and AI regulation. The company’s shares slumped 7.3 per cent as markets opened in the United States on Monday, following Huang’s bombshell confirmation over the weekend that he had been unfaithful to his wife and would cooperate with an investigation into his...

Hoban's rise gives Delta more leverage in Hanjin KAL power battle

Nov 9, 2026

Hoban's rise gives Delta more leverage in Hanjin KAL power battle

Hoban Group’s rise as Hanjin KAL’s largest shareholder is giving Delta Air Lines greater leverage in the power struggle over Korean Air’s holding company as Chairman Cho Won-tae seeks to retain control. Hoban and its affiliates held a 20.69 percent stake in Hanjin KAL as of Wednesday, narrowly surpassing Cho and related parties at 20.58 percent. Cho has agreed to purchase another 325,000 shares for 37.05 billion won ($27 million), which could lift his side’s stake to 21.06 percent and restore its position as the largest shareholder. The increasingly close shareholding structure, however, has heightened the importance of major shareholders outside the two rival camps. Delta owns 14.9 percent of Hanjin KAL, while the state-run Korea Development Bank (KDB) holds 10.58 percent. Together with Cho’s stake, the three parties account for about 46 percent of Hanjin KAL. Excluding KDB from consideration for any future Korean Air deal due to its unique status as a public financial institution, Delta is emerging as an unexpected beneficiary of the renewed power struggle between Cho and Ho

Battery materials firms ramp up LFP capacity amid rising demand

Nov 9, 2026

Battery materials firms ramp up LFP capacity amid rising demand

Battery materials makers are accelerating their expansion into lithium iron phosphate (LFP) materials, as growing demand for energy storage systems (ESS) and non-Chinese supply chains in North America fuels competition to secure production capacity. LFP cathode supply commitments between domestic battery cell makers and materials suppliers are estimated to exceed 210,000 metric tons, according to industry estimates, prompting manufacturers — POSCO Future M, L&F and EcoPro BM — to step up investments. POSCO Future M is expanding its LFP capacity by converting part of its existing high-nickel cathode production lines at its Pohang plant. The company plans to increase annual capacity from about 20,000 tons to as much as 105,000 tons by the end of next year. It also plans to utilize up to 50,000 tons of capacity from CNP New Material Technology, a joint venture with CNGR and Fino. Following a 1.07 trillion won ($784.5 million) LFP cathode material supply deal with SK On in September, POSCO Future M signed another long-term supply contract worth about 6 trillion won with Samsung SDI last

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