Zuckerberg calls for more regulation over the Internet

Zuckerberg calls for more regulation over the Internet

Facebook has clearly grown bigger than founder Mark Zuckerberg ever imagined. In just a few short years he's gone from Silicon Valley darling to the scapegoat for the world's ills. He copped the brunt of the blame for Brexit and Trump, and more recently has received a fair share of criticism for Facebook's handling of the ...

Read More...
Can investment deal salvage Napoleon Perdis survival?

Can investment deal salvage Napoleon Perdis survival?

One of the potential investors has managed successful Australian brands including Witchery and Marcs. It may have needed to close half its stores to do so, but Napoleon Perdis could stay afloat after administrators reached terms for a new business structure with retail-focused group KUBA Investments. The proposal to creditors inv...

Read More...
Crowdfunding pours in to women-friendly rideshare Shebah

Crowdfunding pours in to women-friendly rideshare Shebah

Update: On 1 April Shebah announced it had reached an Australian crowdfunding record by hitting its $3 million target. The funds were raised from more than 2,100 investors of which 94 per cent were women.  A business catering to women's safety has picked up strong investor interest en route to taking a slice of Australia'...

Read More...
Xenith merger vote delayed after ACCC decision

Xenith merger vote delayed after ACCC decision

Xenith IP Group (ASX: XIP) has stood by its recommendation for a merger with QANTM Intellectual Property (ASX:XIP), but a vote on the proposal has been postponed for "later date" after a game-changing decision yesterday from the competition watchdog. Unsolicited suitor IPH (ASX: IPH) has been aggressively attempting to disp...

Read More...
ACCC gives IPH acquisition of Xenith the green light

ACCC gives IPH acquisition of Xenith the green light

The likelihood of an intellectual property giant materialising in Australia is edging closer after the Australian Competition and Consumer Commission (ACCC) delivered its blessing. Though shareholders have the option of choosing who IP firm Xenith will partner up with, the ACCC has said that it will not oppose IPH Limited's proposed a...

Read More...
Alpha-H hits gold with Sephora USA

Alpha-H hits gold with Sephora USA

A skincare solution that started 20 years ago has become a booming business for Gold Coast-based Alpha-H, lifted by a strong partnership with Sephora Australasia that has been in full swing for the past eight years.  With corrective and preventative skincare products including the best-selling Liquid Gold resurfacing treatment, ...

Read More...
New data reveals surprising facts about Aussie online shoppers

New data reveals surprising facts about Aussie online shoppers

A broad-reaching international study has found Australians have one of the lowest percentages of online payments made by smart phones, with only 22 per cent opting to use them for e-commerce. However for the transactions Australians make, Apple iOS users spend 70 per cent more than their Android-using counterparts with an average of A$146...

Read More...
Lynas knocks back Wesfarmers' $1.5B takeover bid

Lynas knocks back Wesfarmers' $1.5B takeover bid

Yesterday's takeover bid for rare earths miner Lynas Corporation (ASX: LYC) was a bold and unexpected move from Wesfarmers (ASX: WES), but the acquisition target won't have a bar of it. Cashed up after offloading Coles (ASX: COL), the Wesfarmers board may have thought its $2.25 per share offer could persuade Lynas at a 44.7 per ce...

Read More...
Slater & Gordon slated over "We win cases like yours"

Slater & Gordon slated over "We win cases like yours"

Eaglegate Lawyers principal Nicole Murdoch has no objection to one of two recent trademark applications Slater & Gordon (ASX: SGH) has made with IP Australia. The mark reads "Slater + Gordon. We win cases like yours", and that's fair enough according to Murdoch. After all, it would make no sense for any law firm to ...

Read More...
Federal Court slaps fine on Click Energy for misleading claims

Federal Court slaps fine on Click Energy for misleading claims

What do you call a discount when it's calculated from higher rates than the standard offering for consumers? Misleading, according to the Federal Court which has today ordered penalties of $900,000 against Amaysim Energy - trading as Click Energy - for doing just that.  Between October 2017 and March 2018, Click Energy t...

Read More...
Music promotion icons Chugg and Frontier team up for JV

Music promotion icons Chugg and Frontier team up for JV

Music industry legends who have promoted tours for the likes of Ed Sheeran, Pearl Jam and Florence + The Machine are teaming up to form a joint venture between Chugg Entertainment and Frontier Touring. Michael Gudinski and Michael Chugg founded the Frontier business together in 1979, but in 2000 Chugg formed his own eponymous co...

Read More...
Charter Hall to buy early learning centres for $75M

Charter Hall to buy early learning centres for $75M

Update: On 27 March, CQE announced the placement was successfully completed, and in light of significant demand was lifted from $100 million to $120 million. Real estate investor Charter Hall Education Trust (ASX: CQE) will splash out $75.5 million to acquire 13 early learning centres, located primarily in inner-ring metropolitan suburbs....

Read More...
Noni B fires back at union's staff safety claims

Noni B fires back at union's staff safety claims

Noni B claims it is "deeply concerning and indeed disappointing" that the SDA would make "misleading statements" to the media. Women's fashion retailer Noni B (ASX: NBL) has implied recent complaints around staff safety are merely a smokescreen to "attempt to coerce" the company into changing an enterpris...

Read More...
Coles enters e-commerce big leagues with leading British online grocer Ocado

Coles enters e-commerce big leagues with leading British online grocer Ocado

Following the recently announced entry of German supermarket Kaufland, continued expansion from Aldi and Amazon's soft launch into food e-commerce, the Australian grocery retail space has never been more competitive.  In response Coles (ASX: COL) is pulling out all stops to hold its ground, with the announcement today it has ente...

Read More...
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. ...

Read More...
Emerge Gaming ready to rumble and unfazed by Google Stadia threat

Emerge Gaming ready to rumble and unfazed by Google Stadia threat

Australia's self-proclaimed 'Netflix of Gaming' is on the cusp of rolling out a pilot of its GameCloud platform developed with Singapore's Cloudzen Pte Ltd, and appears unfazed by Google's foray into a very similar arena. Perth-based Emerge Gaming (ASX: EM1) announced today the GameCloud technology was successfully tes...

Read More...
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 ...

Read More...
Smiggle pushes into new markets on profit rise for Premier Investments

Smiggle pushes into new markets on profit rise for Premier Investments

Solomon Lew's Premier Investments (ASX: PMV) will push its stationery brand Smiggle into 10 new countries in a strategy involving online and new stores which aims to target more than 700 million people. Smiggle will be pushing into South Korea, Indonesia, Thailand, the Philippines, the UAE and Canada directly with local operators and ...

Read More...
Navitas agrees to $2.1b takeover offer

Navitas agrees to $2.1b takeover offer

Education services provider Navitas (ASX: NVT) has agreed to a $2.1 billion takeover offer from a consortium led by private equity firm BGH Capital after months of wrangling between the two camps. BGH Capital, along with AustralianSuper and former Navitas CEO and founder Rod Jones, secured its long-awaited first deal after stalking its ta...

Read More...
Manikay puts MYOB takeover in jeopardy

Manikay puts MYOB takeover in jeopardy

Manikay Partners is edging closer to blocking the takeover of business management software provider MYOB (ASX: MYO) as it acquires more of the Australian company. Hedge fund Manikay now owns 14.93 per cent of MYOB, up from just 9.9 per cent two weeks ago. In order for the takeover of MYOB by Kohlberg Kravis Roberts & Co (KKR) to pass ...

Read More...
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...

Read More...
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, ...

Read More...
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...

Read More...
Cann Group secures $11M Mildura site for new cannabis greenhouse

Cann Group secures $11M Mildura site for new cannabis greenhouse

Leading cannabis producer and researcher Cann Group (ASX: CAN) has acquired a $10.75 million property in Mildura, Victoria to construct a greenhouse for the cultivation of cannabis. The company will grow, cultivate, and produce medicinal cannabis at the Mildura site to service both the Australian and international medicinal cannabis marke...

Read More...
Xenith rebuffs IPH takeover bid

Xenith rebuffs IPH takeover bid

The board of intellectual property company Xenith (ASX: XIP) is not impressed by a 9 per cent lift in IPH's (ASX: IPH) takeover offer, and will press on with another merger in the works.  In an announcement today the group concluded IPH had not presented a superior offer to the merger deal underway with QANTM Intel...

Read More...
Landmark White reveals data hack details

Landmark White reveals data hack details

Executives at property valuer Landmark White (ASX: LMW) can breathe a sigh of relief after a data breach risk assessment revealed most people affected were at "very low risk of harm". Revelations of the hacking incident led to a voluntary suspension of LMW shares on 19 February that remains in place, while a "significant nu...

Read More...
Red Bubble off the hook in Hells Angels copyright case

Red Bubble off the hook in Hells Angels copyright case

A website that allows independent artists to sell print on demand (POD) designs online has avoided hefty damages after the Federal Court of Australia ruled in its favour in a copyright case brought by Hells Angels Motorcycle Corporation. The bikie gang was suing Melbourne-based Redbubble (ASX: RBL) for publishing Hells Angels tradema...

Read More...
CropLogic secures growing licence for major US hemp state

CropLogic secures growing licence for major US hemp state

Agricultural technology company CropLogic (ASX: CLI) is now one of the first ASX-listed companies to receive a US hemp growers licence after authorities in the Pacific Northwest state of Oregon gave it the green light. The news of CropLogic's licence for cultivating industrial hemp comes less than a week after the company signed a lea...

Read More...
Class action looms for IOOF

Class action looms for IOOF

While Australia's prudential watchdog takes action against IOOF (ASX: IFL) directors and executives over alleged misconduct, the wealth manager is about to face another legal battle. Sydney-based law firm Quinn Emanuel Urquhart & Sullivan announced today it planned to file a class action against IOOF, arising from evidence given a...

Read More...
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...

Read More...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter