News & Analysis

BRIGHT SPOT: How Simul tackles the Microsoft finalV79546.doc problem of teams working remotely

- May 27, 2020 3 MIN READ

As companies were suddenly forced into remote working, there was a massive surge in demand for collaboration software to help employees collaborate when not physically together. There was plenty of emphasis on video conferencing tools like Zoom, which recently revealed it now has 300 million daily meeting participants, but what about when you actually need… Read more »

News & Analysis

Afterpay’s share price just topped $50

- May 26, 2020 2 MIN READ

The astonishing resurrection of Afterpay’s share price after falling below $10 just two months ago continued today with the buy-now-pay-later fintech’s share price briefly topping $50 in morning trade today. Afterpay (ASX: APT) closed at a new record high on Monday of $49, having announced that interim chair Elana Rubin will step into the role,… Read more »

News & Analysis

Investment group Sydney Angels just gave 3 startups a $2.4 million boost

- May 26, 2020 2 MIN READ

Sydney Angels, the 100-plus member investment group backing early stage startups, has sent a strong signal to founders with good ideas, announcing $2.4 million in total investment across three tech startups. The three ventures are: Trendspek, a Sydney software ventures that converts drone footage of critical infrastructure that’s difficult to inspect for maintenance, such as… Read more »

News & Analysis

CHARTS: Global startup funding in the post-coronavirus era fell hard, but is already showing regrowth

- May 23, 2020 2 MIN READ

Venture capital (VC) funding for startups has fallen by around 20% since December 2019 as the covid-19 pandemic smashed the global economy, but the impact is unevenly distributed according to new research from Startup Genome. The California-based analytics firm’s latest report into global startup funding, the first in a series its planning looking at the… Read more »

News & Analysis

QUANTUM LEAP: CSIRO predicts a new tech sector will generate $4 billion annually within 20 years

- May 22, 2020 2 MIN READ

The quantum technology sector could be worth more than $4 billion annually and create 16,000 jobs by 2040, according to a report by CSIRO. The Growing Australia’s Quantum Technology Industry report sees potential in everything from national security to mineral exploration, drug and materials development, and communications from spin offs resulting from quantum physics developments.… Read more »

News & Analysis

5 things you should know about tech today

- May 22, 2020 3 MIN READ

G’day team, it’s Friday and just as you’re allowed out, it starts to rain.. And here’s what’s going on.   1.  Apple comes to CovidSafe’s rescue Remember the problems for iPhone users with the Australian government’s contact tracing app, CovidSafe? It was all about the Bluetooth – the detection device in the app – not working… Read more »

News & Analysis

Expenses startup Expense Mate is helping companies cut costs by sharing the savings with employees

- May 21, 2020 2 MIN READ

One of the biggest issues companies face when on a cost cutting drive is getting employees on board with the plan, but a recently launched Sydney startup, Expense Mate is hoping to change that by rewarding staff for helping make savings. Founder Cemlyn Jones said the software platform, which launched in early February, was initially… Read more »

energy
News & Analysis

The Australian government’s ‘tech investment roadmap’ is out and it’s all about energy

- May 21, 2020 3 MIN READ

The Morrison Government released the eagerly anticipated discussion paper for the Technology Investment Roadmap overnight, with the 74-page paper, prepared by the Department of Industry, Science, Energy and Resources, focused on climate change, emissions reduction and energy sources. The paper’s name is somewhat misleading for the broader startups sector, with the goal of the plan… Read more »

News & Analysis

Adelaide’s new genomics centre it taking the R&D medtech battle to cancer and wine

- May 20, 2020 3 MIN READ

Scientists will focus on genes to improve cancer treatments and make better wine at a new $7 million research centre in Adelaide, South Australia. Interim scientific director Professor David Lynn said the state-of-the-art South Australian Genomics Centre would open in July to advance the state’s increasingly important work studying the genes that make up animals,… Read more »

News & Analysis

5 things you should know about tech today

- May 19, 2020 5 MIN READ

  Welcome to Tuesday and some big news globally.   1.  SoftBank posts record loss Japan’s SoftBank has posted a shocker in its annual results for the fiscal year to March 31, revealing its first annual loss in 15 years in a A$49 billion turnaround. Alibaba co-founder Jack Ma resigned from the board, just ahead… Read more »

News & Analysis

Online health social enterprise Umbo sees demand explode in coronavirus response

- May 14, 2020 2 MIN READ

  The medtech and telehealth are sectors that have benefited greatly from the disruption caused by covid-19 as the digital transformation of healthcare escalated dramatically. Among the online ventures riding that wave is Umbo, an online allied health services provider specialising in speech and occupational health. Umbo makes it easier for people to see a… Read more »