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ASX jumps 1.1% to two-week high; Tech shares bounce back – The Sydney Morning Herald

Australian shares hit a two-week high on Tuesday following a positive overnight session in the US. Technology, health care, and property stocks were leading local…

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Brainchip, the billion dollar company promising to build computer chips that mimic the workings of the human brain, has lost its chief executive Louis DiNardo with immediate effect.
The company announced on Tuesday that Mr DiNardo mutually agreed to terminate his contract without cause, effective immediately allowing him to leave the company and pursue other interests.
Brainchip co-founder Peter van der Made will takeover as CEO while a permanent replacement is sought.
Brainchip co-founder Peter…

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