Adelaide Crows subsidiary kicks a virtual goal with landmark esports deal

Adelaide Crows subsidiary kicks a virtual goal with landmark esports deal

A subsidiary of the Adelaide Crows AFL team has entered into a partnership with Aussie esports platform Mogul (ASX: ESH) to drive expansion and player growth into new regions around the world. Legacy Esports, bought by the Crows in 2017, is one of the most established and successful esports competitors in the Oceania region across some of...

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Airwallex becomes Australia's latest unicorn with estimated value above US$1B

Airwallex becomes Australia's latest unicorn with estimated value above US$1B

Melbourne-founded fintech group Airwallex has achieved 'unicorn status' following a successful US$100 million (AU$141.3 million) capital raise led by DST Global. The Series C round, led by a group that has previously backed the likes of Facebook, Airbnb and Spotify, gives Airwallex an estimated value of more than US$1 billion. ...

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Tech startup Doshii scores Deliveroo deal

Tech startup Doshii scores Deliveroo deal

Leading food company Deliveroo has announced a partnership with Melbourne-based Hospitality and Retail API Platform Doshii to streamline processing orders for restaurant partners, which will make the process of getting Australia's favourite restaurant foods delivered to customers' doors more seamless. Restaurants who partner with ...

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Facebook confirms millions of passwords compromised

Facebook confirms millions of passwords compromised

Facebook has confirmed thousands of their employees had been able to see hundreds of millions of user passwords for years after a security researcher posted about the issue online. The social media giant violated fundamental computer security practices by storing passwords in readable plain text, instead of scrambling the passwords. F...

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Compumedics scores major US health contract

Compumedics scores major US health contract

Neurological device developers Compumedics (ASX: CMP) have signed an agreement with a major US health organisation which will see its technology deployed in 48 hospitals. Compumedics has contracted with Adventist Health System to allow Compumedics to supply 48 hospitals with its suite of sleep, neurological monitoring and brain research s...

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LandMark White's data breach just the beginning for cyber criminals

LandMark White's data breach just the beginning for cyber criminals

Though the dust is yet to settle and the full effects of the data breach suffered by LandMark White are yet to be revealed, it's safe to say one tiny error has led to a world of pain for the listed property valuer. Whether it was the 10 days that LMW's data was sitting on the dark web free for anyone opportunistic enough to grab, ...

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Atlassian to buy AgileCraft for US$166M

Atlassian to buy AgileCraft for US$166M

One of Australia's most renowned tech unicorns on the global stage is set to boost its workforce productivity software offering through the US$166 million ($234 million) purchase of Texas-based AgileCraft. Atlassian Corporation (NASDAQ:TEAM) is a major provider of team collaboration and productivity software, and its Sydney-based foun...

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GO1 bags over $30 million in raise led by Microsoft

GO1 bags over $30 million in raise led by Microsoft

Tech startup success GO1 has raised more than $30 million in a series B funding round led by M12, Microsoft's venture fund. The $30+ million capital raise was primarily led by M12 alongside existing investors SEEK and Y Combinator, as well as new investors Larsen Ventures. As part of its investment M12 will get a seat on the board...

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Lift off for Adelaide with new space mission control centre

Lift off for Adelaide with new space mission control centre

The Federal Government will build a $6 million mission control centre to monitor orbiting spacecraft alongside the Australian Space Agency in Adelaide. The Government has announced $12 million in funding to boost the space industry in South Australia, split 50-50 between the mission control centre and a space discovery centre for STEM (sc...

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Freelancer and Arrow Electronics partner to revolutionise how hardware is built

Freelancer and Arrow Electronics partner to revolutionise how hardware is built

Freelancer.com (ASX: FLN), the world's largest freelancing marketplace, has partnered with Arrow Electronics to launch a technology engineering talent marketplace. Called ArrowPlus, the platform allows Fortune 500 companies and technology startups to fast-track the design and build of new technology products by gaining access to over ...

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Techpreneurs team up to make automation accessible

Techpreneurs team up to make automation accessible

Automation and artificial intelligence can sound intimidating, but two of Australia's top young entrepreneurs want to make the technology accessible for every size business. Blackbook.ai and BITS Technology Group have partnered to offer automation as a service, a collaborative product launching next week at Automate 2019 in Brisbane a...

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As the web turns 30 its creator warns of a bleak future

As the web turns 30 its creator warns of a bleak future

The World Wide Web is now 30 years old! In such a short period of time the invention of the Internet has changed our lives forever. But the creator of the web says not all changes have been for the good of humanity. In a public letter Sir Tim Berners-Lee, the inventor of the web and the founder of the World Wide Web Foundation, reflects o...

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Kogan takes on Amazon with new marketplace

Kogan takes on Amazon with new marketplace

Kogan.com's (ASX: KGN) latest play looks quite familiar. Dubbed 'Kogan Marketplace' the new online shop launches today with more than 100,000 products from external retailers. The model seems pretty similar to the way Amazon operates, allowing businesses to use the marketplace and e-tail infrastructure to sell their own pr...

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Megaport to raise $60 million to accelerate worldwide expansion

Megaport to raise $60 million to accelerate worldwide expansion

Brisbane-based technology company Megaport (ASX: MP1) has announced a $60 million capital raise to support expansion and technology development. The company says it is undertaking the raise to accelerate expansion to new locations and markets, to undertake capacity upgrades, fund innovation and develop new technology. The raise is com...

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Aussie AI ace Appen to acquire US business for up to $428M

Aussie AI ace Appen to acquire US business for up to $428M

Update: On 12 March Appen announced its $285 million placement to help fund the acquisition was successfully completed.  Machine learning and AI company Appen (ASX: APX) expects a material increase in its revenue and customer base following a binding agreement to acquire San Francisco-based Figure Eight Technologies, Inc. The Syd...

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How this tenacious entrepreneur beat brain trauma to become a tech success story

How this tenacious entrepreneur beat brain trauma to become a tech success story

Christy Laurence knows better than most what it takes to be a resilient businesswoman. The seasoned advertising executive left a cushy corporate gig with Insurance Australia Group to chase the entrepreneurial dream just over three years ago. Laurence then founded Plann, an Instagram planning, scheduling and analytics tool which is des...

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Mark Zuckerberg lays out a future for Facebook that promises to be private

Mark Zuckerberg lays out a future for Facebook that promises to be private

In just a few short years Facebook went from one of the most popular social media platforms, beloved by millions, to one that its users no longer trust. Though privacy issues were a problem for Facebook pre-2018 it was the Cambridge Analytica scandal that led to many vowing to ditch the social media site. Bots, political misinformatio...

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Macquarie Telecom records another strong result

Macquarie Telecom records another strong result

For the past nine financial halves data centre operator Macquarie Telecom (ASX: MAQ) has recorded growth in revenue and profit. The half ending December 31 was buoyed by continued investments into the group's data centres, positioning the company well for the serious demand Australian businesses have for data storage. Revenue was ...

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Afterpay shares dive on first half loss

Afterpay shares dive on first half loss

Just one day after Afterpay (ASX: APT) slipped through a Senate report on the buy-now pay-later (BNPL) sector without a scratch, the company is facing the rebuke of shareholders on the back of its first half results. Shares are down after the company announced it suffered an increase to its first half loss after tax of 3043 per cent to $2...

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WiseTech buys Containerchain for $92m

WiseTech buys Containerchain for $92m

Founder-led logistics software group WiseTech Global (ASX: WTC) is set to expand its international reach after sealing a deal to buy Singapore-based containerisation solutions provider Containerchain for $92 million. The acquired group covers more than five million import and export container movement notifications each year, and has offi...

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