Verona cafe owner JCK Holdings owes more than $700k to creditors as liquidators move to sell business
Pihama and Bowker visited the business on the date of their appointment, where they learned the employees had…
AI: Nvidia posts record $136b quarterly revenue on artificial intelligence spending boom
A GPU is a specialised computer chip originally designed to render video game graphics at high speed, but…
Stripe’s New Zealand revenue jumps 26% after opening local office
2025: $229.3m 2024: $181.7m2023: $132.8m2022: $112.6m2021: $89.1m2020: $62.9m2019: $31.2m2018: $16.0m Income tax expense was $632,000 from the year-ago…
Rocket Lab clocks record quarterly revenue, reveals new US military contracts
The company made a net loss for the three months to March 31 of US$45.0m versus its US$60.6m…
Gusto hits $1B revenue, a figure that brings it closer to public markets
While AI disruption looms over many legacy SaaS companies, several HR tech startups seem to be thriving. One…
Tesla’s New Zealand revenue surges, if still well below its Clean Car Discount heyday
2025: $285.3m2024: $149.5m2023: $373.7m2022: $499.5m2021: $230.7m2020: $66.1m For 2025, Tesla NZ’s revenue from automotive sales rose to $135.7m,…
STMicro targets more than $3 billion in space chip revenue as demand grows
By Nathan Vifflin May 4 (Reuters) – STMicroelectronics is targeting well above $3 billion in cumulative revenue for…
Amazon’s NZ revenue surges, but it takes a $45m impairment on its abandoned data centre build
The tech giant subsequently won Overseas Investment Office approval to buy three adjoining properties at Westgate in deals…
What OpenAI Can Learn From Amazon’s Dot-Com Bubble Struggles
In the dot-com bubble of the late 1990s, the first sign of the “bursting” came when the leaders…
Goldman Sachs New Zealand posts third straight loss as fees slump
The 2025 year was a tumultuous one for the company, with long-time managing director Andrew Barclay leaving the…
UFL Group furniture firm goes into liquidation owing $1.58m including to IRD
UFL Group has since worked on spaces including Jarden House Lobby in Commercial Bay, and the Taranaki Base…
Top VC to AI Startup Founders: Sell While the Boom Lasts
Elad Gil, Silicon Valley’s top solo venture capitalist, has a stark message for AI founders: sell your company…