News & Analysis

5 things you should know about tech today

- November 15, 2019 3 MIN READ

Just remember Sylvia and Gerry Anderson had a woman based on the moon by 1999 back in the mid-70s. Image: Space 1999.   Got that Friday feeling? Remember it’s just 39 sleeps to Christmas.   1.  WeWork’s death predicted  WeWork’s rapid expansion included how much money it’s losing, with The New York Times reporting the company’s… Read more »

News & Analysis

Melbourne’s Linktree makes CNBC’s 100 startups to watch

- November 14, 2019 2 MIN READ

Linktree co-founders Zaccaria, Nick Humphreys and Anthony Zaccaria Melbourne-based social media venture Linktree is the only Australian startup to make the cut in US business site CNBC’s list of the world’s most promising startups. The annual list by CNBC looks for the top 100 venture-backed startups globally with the potential to transform industries and become… Read more »

News & Analysis

New data reveals the boom in payments fintech as challenger Payright expands to New Zealand

- November 14, 2019 2 MIN READ

Payright co-founders Piers Redward and Myles Redward. Photo: supplied Australian payment plan fintech Payright is launching its buy now, pay later service in New Zealand in its first offshore foray. The buy now, pay later (BNPL) startup, typically for products prices between around $1,000 and up to $20,000, will start across the Tasman with direct… Read more »

News & Analysis

5 things you should know about tech today

- November 13, 2019 3 MIN READ

Welcome to Wednesday. Hope you’re feeling well. If not, try shouting “Hey Google, what’s wrong with me” and if they know.   1. Google is collecting US health data  The search giant is using the data of up to 50 million Americans from US non-profit health company Ascension as part of what it calls “Project Nightingale.”… Read more »

News & Analysis

BlueChilli winds up early-stage investment to focus on scale-ups and Asia

- November 12, 2019 2 MIN READ

  One of Sydney’s leading startup accelerator and investment firms, BlueChilli, is shifting away early-stage startups to focus instead on scale-up companies instead, the company has announced. In response to the changing priorities of its corporate backers, BlueChilli will pivot in 2020, having expended the $10 million in the BlueChilli Venture Fund on early-stage startups… Read more »

News & Analysis

Education software startup Compass raises $60 million

- November 12, 2019 2 MIN READ

Compass Education co-founders John de la Motte and Lucas Filer Melbourne-based schools management platform Compass Education has landed $60 million in its first major raise, with private equity firm Advent Partners taking a minority share in the startup ahead of its international expansion. The school management software platform says it’s now used by more than… Read more »

News & Analysis

5 things you should know about tech today

- November 12, 2019 2 MIN READ

  Hello Tuesday. Thoughts and fingers crossed.   1.  The climate change startup accelerator Atlassian’s Mike Cannon-Brookes is among those who’ve thrown their support behind a new Startmate accelerator for startups tackling climate change. They’re looking for 10 ventures and offering up to $75,000 for a 7.5% stake in each one. A bunch of VC… Read more »

News & Analysis

Billionaire Twiggy Forrest calls Facebook ‘pernicious’ over crypto scam ads

- November 11, 2019 3 MIN READ

The mining billionaire’s photo has been used by scammers in social media ads for cyptocurrencies Forrest is one of several high-profile Australians the scammers falsely claim back crypto schemes that cost those who’ve believed the ads millions of dollars Facebook says its doing its best to combat the fake ads Forrest wants governments around the… Read more »

News & Analysis

Mike Cannon-Brookes and some of the biggest names in Australian tech are backing Startmate’s new climate change program

- November 11, 2019 2 MIN READ

As fires rage across Australia’s eastern seaboard, with three lives lost, more than 150 homes destroyed and Sydney braced for “catastrophic” conditions on Tuesday, some of the country’s leading tech titans are backing a new initiative from accelerator Startmate, which is looking to back 10 startups focused on tackling climate change. The Startmate Climate Cohort,… Read more »

News & Analysis

5 things you should know about tech today

- November 8, 2019 3 MIN READ

  It’s Friday and major stuff’s happening. Like. 1. Airbnb will audit houses after Vice exposed a massive scam After 11 years in business, a US$35 valuation and hopes for an IPO, the normally aloof house sharing platform Airbnb is actually going to take more than a casual glance at what’s going on with the… Read more »

News & Analysis

BREAKING BACKBONE: Small business insolvencies jump

- November 7, 2019 2 MIN READ

Small business insolvencies have risen 20% over the last quarter, an increase of 8% year-on-year in an ominous sign for the Australian economy, with CreditorWatch CEO Patrick Coghlan saying the latest data is “the canary in the coal mine”. Coghlan suggests the rise in businesses being declared insolvent doesn’t bode well for the economy. Coghlan’s… Read more »

News & Analysis

5 things you should know about tech today

- November 7, 2019 3 MIN READ

An artist’s impression of the good ship Zuckerburg right now. It’s only Thursday and we’ve just read NBC and with one more sleep to TGIF, right now we’re OMFG. But not surprised.   1. Facebook leaks and it’s not pretty Mark Zuckerberg tied to leverage Facebook user data as a bargaining chip leaked company documents… Read more »