News & Analysis

5 things you should know about tech today

- February 27, 2020 4 MIN READ

G’day and welcome to Thursday. We’re hoping markets start to recover today. Or would the last CEO to leave please turn out the lights. 1. CEOs head for the exits It’s a big week for US corporate hi-flyers keen to spend more time with their families. First up, Uber Eats boss Jason Droege, who launched the… Read more »

News & Analysis

Australian fintech investment boomed last year

- February 25, 2020 2 MIN READ

  Fintech investment in Australia had a massive 2019, with nearly AU$3 billion being ploughed into the sector according to the latest analysis by consultancy giant KPMG. The biannual Pulse of Fintech report for the second half of 2019 looks at global and regional fintech investment trends, and while global fintech investment fell to US$135.7… Read more »

News & Analysis

An environmental startup cleaning oceans just raised an insane amount of money from crowdfunding

- February 25, 2020 2 MIN READ

The Seabin Project, a tech and education startup reducing the amount of waste in the world’s oceans, raised more than $1 million over the weekend as retail investors got behind an equity crowdfunding campaign for the social good venture. Seabin launched a month-long Series A Birchal campaign last Thursday, seeking up to $3 million at… Read more »

News & Analysis

5 things you should know about tech today

- February 25, 2020 3 MIN READ

  1. Ozdaq dacked The ASX’s new technology sector index, the S&P/ASX All Tech Index (ATI), an Australian version of the US Nasdaq composite index – which is why we’ve dubbed it the Ozdaq – had a less than auspicious start yesterday amid as concerns about coronavirus rattle markets globally. Around $51 billion in value was… Read more »

News & Analysis

OZDAQ: The ASX’s new tech index goes live on Monday with 46 companies worth $100 billion

- February 21, 2020 4 MIN READ

  A new index featuring ASX-listed companies in the fast-growing technology sector launches on the Australian stock exchange on Monday. The S&P/ASX All Technology Index (All Tech Index), a partnership between the ASX and  S&P Dow Jones Indices using the S&PDJI methodology, will go live on February 24, with an Australian version of the US… Read more »

News & Analysis

DiDi’s Sydney expansion is about to make things tougher for ridesharing rivals Uber and Ola

- February 20, 2020 2 MIN READ

  First mover Uber has managed to capture 90% of Australia’s ridesharing market, a Roy Morgan study has revealed, but competition is expected to heat up as Chinese rival DiDi enters the Sydney market next month. When Uber first arrived in 2013, the service was illegal, but managed to establish its dominance before ridesharing was… Read more »

News & Analysis

POWERING UP: Mike & Annie Cannon-Brookes are spending $12 million to bring a little sunshine to 100 bushfire-hit communities

- February 20, 2020 2 MIN READ

Fire-ravaged Australian communities struggling for power will have an solar energy solution thanks so Atlassian co-founder Mike Cannon-Brookes and his wife Annie. The duo are investing up to $12 million in a venture called Resilient Energy Collective (REC), designed to rapidly deploy solar panels and Tesla batteries in communities that have lost power in natural… Read more »

News & Analysis

5 things you should know about tech today

- February 19, 2020 3 MIN READ

  Happy humpday. We hope you’re being paid the right wage.   1. WiseTech shares smashed (again) as it blames coronavirus for revenue downgrade Shares in Sydney-based logistics company WiseTech (ASX: WTC) are being smashed today after the company downgraded its revenue and earnings forecasts for the second half of FY2020, blaming coronavirus. The company… Read more »

News & Analysis

5 things you should know about tech today

- February 18, 2020 4 MIN READ

Hello and happy Tuesday. For Jeff Bezos, it’s just another Day One on earth.   1. Holden out Tesla’s share price shot through the US$800 barrier last week and on Friday Elon Musk’s company announced it was selling 2.65 million secondary common stock offering at $767, a 4.6% discount from the closing price, to raise… Read more »