Afterpay
ASX

Why Jack Dorsey’s Square wants to pay record $39 billion for Afterpay

- August 4, 2021 3 MIN READ

The A$39 billion (US$29 billion) that Twitter founder Jack Dorsey’s digital payments company Square is paying to acquire Australian upstart payments outfit Afterpay is the biggest takeover deal in Australian corporate history. It surpasses the A$32 billion European commercial real estate giant Unibail-Rodamco agreed to pay for Frank Lowy’s Westfield Corporation in 2017. The deal… Read more »

Blue Origin space capsual, Jeff Bezos
Space

6 things to think about, aside from the ticket price, before signing up to be a space tourist

- July 26, 2021 4 MIN READ

It’s been a momentous month for space-faring billionaires. On July 11, British entrepreneur Sir Richard Branson’s Unity “rocket-plane” flew him and five fellow passengers about 85 kilometres above Earth. And this week, Amazon founder Jeff Bezos’ New Shepard capsule reached an altitude of 106km, carrying Bezos, his brother, and the oldest and youngest people ever… Read more »

prime minister Scott Morrison
Business

PFIZER PHASING: It’ll take longer to be fully vaccinated in NSW after Premier fails to convince other states to divert doses

- July 24, 2021 3 MIN READ

Pfizer doses in NSW will be spaced out to enable more first jabs to be administered quickly, as the Berejiklian government on Friday declared the Sydney COVID crisis a “national emergency”. But the plea by the state for Pfizer doses to be diverted to Sydney as part of a refocusing of the national vaccine program… Read more »

R&D, science, man looking in microscope
Future of work

Dumb luck has hidden Australia’s poor R&D investment record and it’s time to fix that

- July 22, 2021 3 MIN READ

Australia’s long run of economic growth from the early 1990s to early 2020 inspired much boasting by incumbent politicians. But behind the hubris and headlines lies a less flattering story — about Australia riding a wave of dumb luck, with exports to China and relatively high levels of immigration masking mundane economic performance. The most… Read more »

Cyber security

How the Pegasus spyware works and how to protect your phone from cyber attacks

- July 21, 2021 4 MIN READ

A major journalistic investigation has found evidence of malicious software being used by governments around the world, including allegations of spying on prominent individuals. From a list of more 50,000 phone numbers, journalists identified more than 1,000 people in 50 countries reportedly under surveillance using the Pegasus spyware. The software was developed by the Israeli… Read more »

Business

New modelling suggests Victoria’s 5-day lockdown isn’t enough to stop the Delta strain’s march

- July 18, 2021 4 MIN READ

Victoria has entered a five-day lockdown to control its growing outbreak of the more infectious Delta variant. Until midnight on Tuesday restrictions mean residents are only allowed to leave home for essential reasons, can only travel five kilometres away from home, and need to wear masks outside the home, among other measures. Breaking: Victoria has… Read more »

great wall of China
Politics

What’s behind China’s crackdown on big tech?

- July 16, 2021 4 MIN READ

Over the past few weeks, the Chinese government’s crackdown on big tech companies has intensified. The giants have all felt the brunt of heightened regulatory scrutiny. At the end of last year, Ant Group (which owns the payment platform AliPay) failed to go public on the stock market. Chinese regulators cited a lack of compliance… Read more »

cyber hacking
Cyber security

The top 5 most dangerous criminal organisations online right now

- July 8, 2021 4 MIN READ

On the internet, nobody knows you’re a dog! These words from Peter Steiner’s famous cartoon could easily be applied to the recent ransomware attack on Florida-based software supplier Kaseya. Kaseya provides software services to thousands of clients around the world. It’s estimated between 800 and 1,500 medium to small businesses may be impacted by the… Read more »

503 error, robot
Other tech

The Fastly internet outage: why did so many sites go down — and what is a CDN, anyway?

- June 11, 2021 3 MIN READ

If you were having difficulty accessing your favourite website on Tuesday evening Australian time, you’re not alone. A jaw-dropping number of major websites around the globe suddenly became unavailable with no immediately obvious explanation — before reappearing an hour later. It’s disconcerting when the sites we rely on suddenly become inaccessible, and even more so… Read more »