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 »
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 »
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 »
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 »
Bitcoin and other cryptocurrencies have gone on a tear this afternoon, surging to record highs ahead of the direct listing of US crypto exchange Coinbase on the Nasdaq tonight. The listing is also good news for Westpac and its investment fund, Reinventure, which dropped $50 million investment in Coinbase back in 2015 and could be… Read more »
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 »
Business fintech DiviPay, an expense management platform has raised an additional $1.7 million in its series A, led by ANZ Bank’s venture capital arm, ANZi. The four-year-old startup previously raised $2.3 million in its series A in late 2019, once again led by ANZi, along with Seed Space ventures and former Pepper Money CEO Patrick… Read more »
Virtual reality startup Vantari VR, which has developed the medical version of a flight simulator for doctors, has scored a US$100,000 (A$131k) grant from US video games giant Epic Games, the company behind smash hit video game Fortnite. The Epic MegaGrants are designed to assist game developers and others use Unreal Engine, the commercial game engine… Read more »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
Epic Games gives Australian medtech startup Vantari VR a $131,000 grant
ANZ doubles down on business expenses fintech DiviPay in $1.7 million series A top up
Right Click Capital’s Ben Chong on the top tech trends for 2021: cyber security
CBA’s startup investment arm, x15ventures, tips $1 million into ASX-listed fintech subsidiary Payble
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