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Leaders

How tech CEOs became “thrill seeking bros”

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Right now the news is dominated by headlines featuring tech titans indulging in extreme hobbies or eccentric behaviors.

Now there’s a growing call for a different breed of leader in the tech industry.

From Mark Zuckerberg’s foray into combat sports to Elon Musk’s controversial tweets and public antics, the archetype of the risk-taking, thrill-seeking CEO seems to be in vogue.

Meta boss Mark Zuckerberg.

However, amidst the spectacle, there’s a clamor for a return to a more grounded and mature leadership style.

The tech industry has long been associated with innovation, disruption, and the celebration of the unconventional.

Indeed, many of the most successful companies have been founded and led by individuals who embody these qualities.

However, as the industry matures and faces increasing scrutiny from regulators, investors, and the public, there’s a growing recognition of the need for a different kind of leadership.

Personal pursuits

Mark Zuckerberg, the founder and CEO of Meta Platforms Inc. (formerly Facebook), has garnered attention not just for his company’s groundbreaking technologies, but also for his personal pursuits outside the boardroom.

From participating in high-intensity combat sports to embarking on cross-country listening tours, Zuckerberg’s actions have often raised eyebrows and invited criticism.

While some argue that his willingness to embrace risk and push boundaries is emblematic of the entrepreneurial spirit, others question whether such behavior is appropriate for the leader of a multi-billion dollar corporation with significant societal impact.

Similarly, Elon Musk, the enigmatic CEO of Tesla Inc. and SpaceX, has cultivated a reputation for his eccentricities and unconventional antics.

Twitter spats

Whether it’s smoking marijuana during a podcast interview or engaging in Twitter spats with critics and regulators, Musk’s behavior has sometimes overshadowed his company’s technological achievements.

While his fans laud him as a visionary and a maverick, skeptics worry that his unpredictable behavior could undermine investor confidence and tarnish the reputation of the companies he leads.

Critics argue that the cult of personality surrounding figures like Zuckerberg and Musk has created a distorted image of what it means to be a successful tech CEO.

Instead of valuing prudence, integrity, and long-term strategic thinking, the focus has shifted to spectacle, bravado, and short-term gains.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Leaders

Simple messaging solutions for small business owners

Fext offers simple messaging automation for small businesses to improve customer connections without complicated technology

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Fext offers simple messaging automation for small businesses to improve customer connections without complicated technology

In Short:
– Small business owners seek simple tech solutions for customer connections, avoiding complex systems.
– Fext offers automated messaging, allowing users to communicate efficiently without group chats.

Small business owners often seek straightforward solutions to connect with customers using minimal technology. Gonenc Mete from Fext discusses how these owners tend to avoid complex tech systems. His experience in Silicon Valley highlights the desire for simple, effective tools to manage everyday tasks.

Currently, many small business owners manage customer communications primarily through their phones. They often resort to sending repeated messages by copy-pasting, which can be time-consuming.

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The solution with Fext is a messaging automation feature. Users can compose a single message and send it to multiple recipients without the hassle of group chats..

The Fext app is available internationally, with strong user bases in Australia and New Zealand.
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Cyber security shifts redefine critical infrastructure in APAC

Cyber security evolution prompts redefinition of critical infrastructure in Asia Pacific amid rising digital threats

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Cyber security evolution prompts redefinition of critical infrastructure in Asia Pacific amid rising digital threats.

In Short:
– Cyber security incidents in Asia Pacific redefine critical infrastructure, expanding its scope beyond just industrial machinery.
– New strategies emphasise visibility to protect crucial sectors like banking, finance, and telecommunications from cyber threats.

The rise in cyber security incidents in Asia Pacific is reshaping the definition and protection of critical infrastructure. New digital and operational technology risks are prompting stakeholders to reconsider conventional beliefs that critical infrastructure is primarily industrial machinery behind high fences.

Michael Fisher from Garland Technology discusses this evolving landscape. Critical infrastructure now encompasses essential services such as banking, finance, and telecommunications, expanding beyond traditional definitions.

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The convergence of IT and operational technology (OT) networks increases cyber security risks. Many OT services were not designed with cyber security in mind, leaving them vulnerable to cyber attacks. Industries most at risk include telecommunications, banking, finance, and utilities, where any disruption can significantly impact society.

Increased Visibility

Fisher highlights that traditional cyber security alone is insufficient to secure these infrastructures. Effective protection requires a new approach focused on visibility. Garland Technology’s mission is to provide visibility to upstream cyber security platforms, eliminating blind spots.

Governments and businesses must recognise their roles in combatting cyber threats. Australia’s Security of Critical Infrastructure Act is a step towards increasing corporate responsibility in recognising critical infrastructure and ensuring compliance with security measures.


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Electric vehicles transform last mile delivery market

Electric vehicles revolutionise last mile delivery with significant growth expected in Australia as sustainability gains momentum

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Electric vehicles revolutionise last mile delivery with significant growth expected in Australia as sustainability gains momentum.

In Short:
– The shift to electric vehicles for last mile delivery is increasing, especially in Australia, driven by government initiatives.
– Challenges like costs and charging infrastructure hinder EV adoption, but advancements improve efficiency and sustainability perceptions.

The shift towards electric vehicles (EVs) for last mile delivery is accelerating globally, with Australia expected to see significant growth. Companies and retailers are increasingly adopting greener solutions, driven by supporting government initiatives.

Joe Sofra from ANC discussed the current state of the last mile EV market. He noted the global market is valued at around $30 billion and could grow three to four times over the next eight years.

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Challenges such as cost and charging infrastructure remain significant. Currently, over 100 EVs are on the road, but sufficient charging stations need to be developed, including home and public options. The unique requirements of commercial vehicles further complicate access to these facilities.Download the Ticker app

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