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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
You gotta have faith… G’day Thursday! Two more sleeps until GWS wins their first AFL grand final. Here’s what’s going down 1. Facebook has bought a startup that lets people control T̵h̵e̵ ̵E̵m̵p̵i̵r̵e̵ computers with their minds. Taking a break from controlling minds and emotions with ‘on this day’ reminders, the Zuckernistas are… Read more »
Hello and welcome to Wednesday. Here’s what’s happening. 1. Kik is closing down to focus on cryptocurrency The Kik Messenger app is closing down, the company’s CEO, Ted Livingston, announced in a blog post. The 9-year-old service is extremely popular because it doesn’t require contact details, but the company has been in a fight… Read more »
Jeff Bezos is a man with a van – 100,000 of them. Hello and welcome to Tuesday. Here’s what’s happening. 1. Google may have “quantum supremacy”. The Financial Times reports that a Google research paper that popped up briefly last week thanks to NASA suggesting Google’s ‘Bristlecone’ quantum computing processor can perform, in… Read more »
An Australian startup just made a major breakthrough in quantum computing
Funerals startup Bare raises $10 million Series A
Shopping delivery startup Voly shutters warehouses, halves staffing, as startup winter descends
A former banker is betting on insect-based dog biscuits as the next big thing in pet food
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