News & Analysis

5 things you should know about tech today

- October 24, 2019 3 MIN READ

  Thursday time. And The Neumann Show episode CLXXVI.   1.  WeWork set to cut 4000 staff A day after details of SoftBank’s whopping US$9.5 billion WeWork bailout, which includes a $1.7bn golden parachute to the pilot who crashed the co-working plane, founder Adam Neumann, it looks like 4000 staff, around 30% of the 14,000 employees… Read more »

News & Analysis

5 things you should know about tech today

- October 23, 2019 3 MIN READ

Katy Barfield, CEO of tech-based social enterprise Yume. Hello and happy Wednesday. Here’s what’s going down.   1. Softbank bails out WeWork, giving its founder a $1.7bn golden parachute to go away Remember Michael Douglas as Gordon Gekko in Wall Street? Who’ll play Adam Neumann in the movie about the WeWork clusterf*&%? After investing more… Read more »

Other

5 things you should know about tech today

- October 22, 2019 2 MIN READ

  Hello Tuesday. It’s like the Matrix, but slower.   1. The great NBN speed wars Whose side were you on during the great NBN speed wars, Daddy? Well son, it all began when the government-owned $50 billion broadband project commissioned AlphaBeta to tell the world how good it was, and they declared Australia’s speed was… Read more »

News & Analysis

5 things you should know about tech today

- October 18, 2019 2 MIN READ

Friday already? Here’s the latest in tech news. 1.  Atlassian had a good quarter and went shopping The Sydney-based global tech giant released its quarterly earnings today, revealing an 36% jump in revenue from 12 months earlier to US$363.4 million – 28 cents earnings per share (EPS). The result beat Wall Street expectations of $351… Read more »

News & Analysis

5 things you should know about tech today

- October 17, 2019 2 MIN READ

Hello Thursday! Here’s the tech news.   1. UBS says sell Afterpay  Shares in buy now, pay later fintechs are copping a beating today. A research note by investment bank UBS placing a sell rating on Afterpay and rival Zip, appeared to spark an investor stampede for the exits. Two days after hitting a record high of… Read more »

News & Analysis

5 things you should know about tech today

- October 16, 2019 3 MIN READ

Welcome to Wednesday. Here’s today’s tech news. 1. Global fintechs are preparing to hit Australia UK software startup TrueLayer is heading to Australia in 2020, The SMH reports, paving the way for a bunch of fintechs to take advantage of the country’s open banking policy when it kicks off in February. TrueLayer’s software is an… Read more »

News & Analysis

5 things you should know about tech today

- October 14, 2019 2 MIN READ

  Happy Monday everyone. Here’s the latest tech world news from around the globe. 1.  WeWork needs to find a major financial backer or it’s the end within weeks. WeWork’s financial woes are so severe that the business could run out of cash by the end of November, some analysts believe. Will SoftBank, having already… Read more »

News & Analysis

5 things you should know about tech today

- October 11, 2019 3 MIN READ

  Welcome to Friday. Enjoy the weekend.   1. US retail giant Walmart employs 50,000 software engineers Stop knocking on Atlassian’s door and try David Jones if you’re looking for a tech job. Business Insider reveals that Walmart, the world’s biggest retailer with more than 11,000 stores globally and 2.2 million employees, is also pushing… Read more »

News & Analysis

5 things you should know about tech today

- October 10, 2019 3 MIN READ

  Happy Thursday everyone. Here’s your daily dose of tech news.   1.  The OECD wants to change the way tech multinationals are taxed globally. The Organisation for Economic Co-operation and Development (OECD) is proposing an international tax system across 134 countries, targeting the likes of Facebook, Amazon and Google so they pay more corporate… Read more »

News & Analysis

5 things you should know about tech today

- October 9, 2019 3 MIN READ

  Hello and welcome to Wednesday. Here’s what’s happening in tech.   1.  The ACCC chastises NBN Co for playing favourites with providers.  The competition watchdog issued a formal warning to the government-owned broadband rollout company for discriminating between retail service providers (RSPs) for the supply of upgraded NBN infrastructure to business customers. The also scored… Read more »

News & Analysis

5 things you should know about tech today

- October 8, 2019 3 MIN READ

  Hello and welcome to Tuesday. Here’s what’s going down.   1.  Cybercon-troversy The Australian Information Security Association (AISA)’s 12th annual national cyber-security conference, Cybercon2019, got underway in Melbourne and word of the day is “incongruent” after two experts were suddenly disinvited from appearing at the last minute. Thomas Drake, a former US National Security Agency… Read more »

News & Analysis

5 things you should know about tech today

- October 4, 2019 2 MIN READ

It’s Friday! Go the Raiders. Here’s how the tech week ends.   1.  Thousands of WeWork employees are facing the chop. The besieged global coworking giant is reportedly looking to shed between 3,000 to 5,000 people, with Bloomberg reporting that new co-CEOs Artie Minson and Sebastian Gunningham told staff had been told cuts are coming in… Read more »

News & Analysis

5 things you should know about tech today

- October 2, 2019 3 MIN READ

  Happy hump day. Here’s your daily dose of tech today 1.  If you only read one WeWork story, make it this one. Scott Galloway, a professor of marketing at NYU Stern School of Business, let rip in August with an analysis title WeWTF. He’s been a critic of the  ̶m̶a̶g̶i̶c̶ ̶b̶e̶a̶n̶s̶  ahem consciousness elevating startup for… Read more »

News & Analysis

5 things you should know about tech today

- September 30, 2019 3 MIN READ

  Hello, welcome to Monday and peak school holidays season. Here’s what’s happening in techland.   1. The number of “suspicious matter reports” received by AUSTRAC in FY19 was up 95% on 2018. The AFR reports that the national financial intelligence agency is telling fintechs, money remittance ventures and organisations involved in gambling, including pubs… Read more »

News & Analysis

5 things you should know about tech today

- September 27, 2019 2 MIN READ

It’s Friday and Victoria has the day off, coz, footy. Here’s how the rest of the world is marching on.   1. Angels live in Brisbane The 2nd annual Techboard Australian Angel Awards, recognising the most active investors in local startups, were announced in Sydney today. The Brisbane Angels scored the award for most active… Read more »