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

The video game sector says Australia’s migration rules are starving the industry of talent and growth

- April 15, 2021 3 MIN READ

The local video game industry wants to make skilled migration easier in order to attract and retain talented workers. Speaking at a parliamentary committee hearing into the skilled migration program on Monday, industry representatives lamented the opportunities gone begging because of a system that is not fit-for-purpose. Dr Jens Schroeder, a director at the Interactive… Read more »

Deep Tech

If Neuralink’s monkey can play Pong with its mind, imagine what humans could do with that tech

- April 15, 2021 5 MIN READ

Some weeks ago, a nine-year-old macaque monkey called Pager successfully played a game of Pong with its mind. While it may sound like science fiction, the demonstration by Elon Musk’s neurotechnology company Neuralink is an example of a brain-machine interface in action (and has been done before). A coin-sized disc called a “Link” was implanted… 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

Canadian building management giant BGIS is setting up its IoT shop in Adelaide

- April 14, 2021 2 MIN READ

Canadian building management company BGIS will expand its Australian operations centre in Adelaide to monitor clients across the Asia Pacific. The global company plans to utilise the latest Internet of Things technologies in Adelaide, South Australia to remotely control buildings in other states and countries through internet-connected devices and sensors. This includes the monitoring and… 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 »

Agritech

It’s time to put agrifood tech to the test

- April 12, 2021 2 MIN READ

Over the past few years we’ve seen an explosion of agrifood technologies and Australian agricultural innovation. Part of this broad trend has seen investment in agrifood tech in Australia grow from US$29.9 million in 2017 to US$90.8 million in 2019, according to AgFunder. There has been a significant increase in capital investment into developing agrifood technologies,… Read more »

News & Analysis

How to fix a phone with water damage

- April 9, 2021 4 MIN READ

If you’ve ever gotten your phone wet in the rain, dropped it in water or spilt liquid over it, you’re not alone. One study suggests 25% of smartphone users have damaged their smartphone with water or some other kind of liquid. Liquid penetrating a smartphone can affect the device in several ways. It could lead… 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 »