News & Analysis

Space accelerator Moonshot just backed 11 startups shooting for the stars

- April 16, 2021 2 MIN READ

Space tech incubator Moonshot has nearly trebled its planned investments in local space startups, backing 11 ventures, rather than the four it had planned for 2021. As Moonshot beds down its space tech accelerator and pre-accelerator programs, CEO Troy McCann said they were overwhelmed by the quality of the applicants. “We coordinated a whopping 225… Read more »

Cryptocurrency

Dogecoin explodes!

- April 16, 2021 < 1 MIN READ

Meme joke cryptocurrency Dogecoin more than doubled in price in the last 24 hours, briefly hitting a high of US28c today, and currently sits around 80% up for the day Elon Musk’s favourite Twitter shout out has climbed nearly 300% for the week, putting it into the top 10 cryptocurrencies by market capitalisation for the… Read more »

Global tech

Google has lost its legal fight with the ACCC over misleading consumers about location data

- April 16, 2021 2 MIN READ

Google and Google Australia misled consumers about its use of personal location data, according to Australia’s Federal Court in a landmark legal decision. Consumer watchdog the ACCC took Google to court in October 2019 over the use of location data collected through Android mobile devices between January 2017 and December 2018, in a world-first enforcement… Read more »

Fintech

Zip raises another $400 million as co-founders sell down $19 million worth of stock

- April 16, 2021 < 1 MIN READ

Zip Co. (ASX: Z1P) has raised another A$400 million via a seven-year unsecured convertible notes to fund its international expansion plans. The not-yet profitable BNPL’s latest raise follows a similar $1.5 billion raise by Afterpay (ASX: APT) via convertible notes due in 2026. Co-founder and COO Peter Gray said they were “very pleased with the… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 14, 2021 3 MIN READ

Welcome to Wednesday and Ramadan Mubarak to our Muslim readers.  Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s the latest tech news from around the world.  Apple launch It started with Siri dropping hints breathlessly described as “leaking” by some media – “Hey… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 13, 2021 2 MIN READ

Happy Tuesday and welcome to the latest tech news from around the world.  Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Microsoft’s Nuance Microsoft’s had its wallet out for some time, looking to buy something, with TikTok, Pinterest and Discord all reportedly on the… Read more »

Consumer Data Right

CBA’s startup investment arm, x15ventures, tips $1 million into ASX-listed fintech subsidiary Payble

- April 13, 2021 < 1 MIN READ

The Commonwealth Bank’s venture scaling arm, x15ventures, has invested $1 million for a 26.7% stake in bill payments startup Payble, a subsidiary of listed IT company Identitii (ASX: ID8). Payble tackles late and failed bill payments before they happen, seeing the possibilities in open banking through Consumer Data Right (CDR) to tackle a problem with… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 12, 2021 3 MIN READ

Welcome to Monday and the latest tech news from around the world.  Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Alibaba’s $3.7bn fine The Chinese government’s ongoing crackdown on local tech under the guise of anti-monopoly laws – Tencent and Baidu have already felt… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 8, 2021 2 MIN READ

It’s Thursday and here’s the latest tech news from around the world.  Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus.   The US of YouTube The Pew Research Center released a study into US social media habits overnight, which revealed that while 7 in… Read more »

Fintech

Australian fintech Assembly Payments is merging into Irish forex marketplace CurrencyFair

- April 8, 2021 2 MIN READ

The journey for Melbourne fintech Assembly Payments is set to end with the company being merged into Ireland-based cross-border payments platform CurrencyFair by one of the company’s key backers Standard Chartered. The British banking multinational launched a Singapore-based joint venture digital payments company with Assembly Payments in early 2020. Standard Chartered said the merger was… Read more »

Fintech

EML Payments shares jump after the fintech’s $170 million Eurovision acquisition

- April 7, 2021 < 1 MIN READ

Shares in Australian fintech EML Payments (ASX: EML) jumped 5.8% today on news that it would acquire Irish open-banking platform Sentenial for €70 million (A$108.6m), plus an earn-out component of up to €40 million (A$62.1m). Sentenial, and its Open Banking brand Nuapay, operate in Europe via more than 1,750 banks, processing €45 billion in payments… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 7, 2021 4 MIN READ

Welcome to Wednesday. Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s today’s tech news.    Google beats Oracle A decade-long legal battle between tech behemoths Google and Oracle over copyright infringement on software code is over with the US Supreme Court finding in… Read more »