News & Analysis

Fintech Assembly Payments is launching e-commerce joint venture with UK banking giant Standard Chartered

- February 12, 2020 2 MIN READ

British banking multinational Standard Chartered is launching a joint venture company with fintech Assembly Payments to develop next generation payment solutions for the US$29 trillion e-commerce sector. The deal is a major coup for Assembly Payments, which launched in Melbourne in 2014, began providing online payment solutions with escrow services for marketplaces and platforms, before… Read more »

News & Analysis

5 things you should know about tech today

- February 11, 2020 6 MIN READ

  It’s Tuesday team. Here’s what’s going on in the world.   1.  US politician who invested in an ASX-listed medtech jailed for insider trading Australia’s corporate cop, the Australian Securities and Investments Commission (ASIC) has been accused, yet again, of being asleep at the wheel, after the ABC’s Four Corners revealed the story of… Read more »

News & Analysis

The Western Australian government bought a Tesla battery for a Perth suburb for residents to store their solar power collectively

- February 11, 2020 < 1 MIN READ

The Western Australian government has decided to tackle power prices and renewable energy at a local level, installing a 464 kilowatt hour (kWh) Tesla battery bank in the Perth suburb of Ellenbrook to store the power from local homes. Around 65 houses with solar panels feeding into the Powerwall battery will be involved in the… Read more »

News & Analysis

5 things you should know about tech today

- February 10, 2020 3 MIN READ

Welcome to Monday team. Here’s what we’ve seen.   1.  iFined for slowdown The French version of the ACCC, the DGCCRF, has fined Apple €25 million (AU$41m) for the 2017 iOS update that slowed down older iPhone models. Apple’s sin was not slowing down the phones, which the company claimed was to prolong the life of… Read more »

Canva
News & Analysis

Shares in software startup LiveTiles are soaring after Canva deal

- February 10, 2020 2 MIN READ

  Shares in ASX-listed workplace software startup LiveTiles have jumped more than 7% on news that it will introduce Canva’s design software to its subscription platform. LiveTiles connects and integrates other workplace software through Office 365 or Azure without people needing coding experience to create everything from dashboards, to employee portals, and corporate intranets. Founded… Read more »

Opinion

New Zealanders bought nearly as many electric cars as Australians last year – and government policies made a big difference

- February 10, 2020 3 MIN READ

A total of 6718 electric vehicles were sold in Australia in 2019. That’s three times as many as in 2018, but it’s still small beer. More than a million fossil-fueled light vehicles (including SUVs and utes) were sold in the same period. The sales figures were published in the wake of UK Prime Minister Boris… Read more »

Opinion

How to make Australian entrepreneurship go viral

- February 7, 2020 3 MIN READ

I believe that entrepreneurship needs to be normal and desirable for all Australians. I believe we need Australians starting new Australian companies, that use technology to grow quickly, that employ Australians, that export from Australia, that pay taxes in Australia, that are subject to Australian laws, and that create a prosperous future Australia. These companies… Read more »

News & Analysis

Companies warned to update cybersecurity after Toll ransomware attack

- February 7, 2020 2 MIN READ

  Australian logistics giant Toll Group reverted to manual systems after a ransomware attack on part of its IT network last week, as the company liaises with government cybersecurity experts and works to restore its systems. The government’s Australian Signals Directorate’s Australian Cyber Security Centre (ACSC) issued a warning yesterday for companies to update their… Read more »

News & Analysis

Booktopia raises $20 million from private investors ahead of becoming Australia’s top book retailer

- February 6, 2020 2 MIN READ

Booktopia has rebounded from an aborted $10 million crowdfunding campaign last year to land double that amount as it pushes towards becoming the company leading book retailer. Champ Ventures CEO and co-founder Su-Ming Wong and JBS Investments CEO and founder John Sampson led a consortium of investors in a $20 million capital raise as the… Read more »