| G'day, Telstra is looking to offload potentially hundreds of millions of dollars in investments from the venture capital fund it started more than a decade ago as it sacks thousands of staff and races to achieve about $400m in cost savings. Canva’s free-to-use marketplace is forming a key plank in the graphic design darling’s ambition to reach one billion active monthly users, with the number of apps available on the platform surging by more than 18 times since it was launched a year ago. The $40bn invested $50m in creating a developer fund last year as investors anticipate a US listing. And global security company DigiCert has backed a $1bn taxpayer-funded investment to build Australia’s first quantum computer, likening the scramble to develop the tech to the race to detonate the atom bomb in the 1940s.
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