Medicision reaches deal to provide avatar-driven precision cancer treatment

Medicision reaches deal to provide avatar-driven precision cancer treatment

Sydney-based healthcare company Medicision has announced a new partnership allowing Australian cancer patients access to biotechnology that tailors treatments to the unique genetic complexity of their tumour network. Medicision has entered into an agreement with London-headquartered My Personal Therapeutics, which will harness the ...

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Netlinkz revenue surges 846 per cent as VIN tech gains traction

Netlinkz revenue surges 846 per cent as VIN tech gains traction

The following article is sponsored content in partnership with Netlinkz. Business News Australia does not give financial advice. VIN. For most people it is either the French word for wine, or the number on a car engine, but for the tech savvy it stands for Virtual Invisible Network, an evolutionary step in virtual networking that can ...

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SenSen to light up ACE electric vehicles with artificial intelligence

SenSen to light up ACE electric vehicles with artificial intelligence

Adelaide-based electric vehicles (EV) manufacturer ACE has penned a deal that will see its cars become a whole lot smarter and capable of autonomous driving. In partnership with leading smart cities solution provider SenSen Networks (ASX: SNS), ACE's cars will develop a "brain" of sorts, allowing its light electric utility vehi...

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Robot bricklayer constructs FBR's first non-residential building

Robot bricklayer constructs FBR's first non-residential building

A commercial and community centre in Bayford, Western Australia is the first non-residential building to be constructed by FBR Limited's (ASX: FBR) Hadrian X bricklaying robot. It took just five business days for the Hardian X to complete the build at a speed of 174 blocks per hour; bettering results previously achieved by FBR during a d...

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Aussie space firms team up for nation's largest rocket payload to date

Aussie space firms team up for nation's largest rocket payload to date

Two Australian companies are on track to achieving a new milestone for the country's space sector, one of the fastest-growing globally thanks to an ideal geographic position and a flurry of interest from government and private industry. While Elon Musk's SpaceX is emblematic of the modern space race buoyed by private capital and rese...

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To buy or build software? That is the question

To buy or build software? That is the question

There are many decisions to make when starting a business, but one of the most important will be deciding whether to buy or build your own software. The 'buy vs. build dilemma' comes up often in the fintech (financial technology) space especially, given that technology or products are utilised to deliver financial services. As a fi...

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Senate inquiry says Zip Co and Afterpay can regulate themselves

Senate inquiry says Zip Co and Afterpay can regulate themselves

A culture of self-regulation is imperative to support the emergence of new Australian fintech models, according to an interim report from a Federal Senate Committee. The report says the growth of buy-now pay-later (BNPL) companies would be stifled if mandatory and specific laws were introduced to govern them. In addition, the Committee say...

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28 Data#3 customers impacted by cyber attack

28 Data#3 customers impacted by cyber attack

Cloud computing and IT solutions provider Data#3 (ASX: DTL) has been hit by a cyber-security network incident with 28 customers impacted. The business technology solutions company says the cyber-attack, which is still under investigation, involved an overseas third party. Data#3 says the incident has not had a material impact on its ongoin...

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Afterpay sales double to $11.1 billion

Afterpay sales double to $11.1 billion

After seeing its share price rise 10-fold since March, buy-now-pay-later (BNPL) darling Afterpay (ASX:APT) has today announced a 112 per cent jump in underlying sales to $11.1 billion. The largest part of that increase came from the US where underlying sales were up 330 per cent to reach $4 billion, compared to a 52 per cent uptick for its l...

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Zip Co propels higher on US takeover target update

Zip Co propels higher on US takeover target update

A proposed US acquisition that put a rocket under Zip Co (ASX: Z1P) shares in June is once again lifting investor sentiment for the buy-now-pay-later (BNPL) group, whose price rose 13.05 per cent today to $7.45. With shareholders set to vote on the acquisition of QuadPay on 31 August, Zip Co announced encouraging indicators from its int...

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WiseTech shares jump on bullish FY21 profit forecast

WiseTech shares jump on bullish FY21 profit forecast

Shares in logistics solutions provider WiseTech (ASX: WTC) have risen 32 per cent to $27.51, hitting their highest levels since a February crash when FY20 guidance was cut by 17 per cent due to the onset of COVID-19. Today the group founded by former music executive Richard White reported an EBITDA of $126.7 million, above the midpoint of gu...

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Record profit for EML Payments despite mall gift card slowdown

Record profit for EML Payments despite mall gift card slowdown

Brisbane-based prepaid card solutions provider EML Payments (ASX: EML) has achieved record results in FY20, with buoyant growth in its reloadable cards and North American virtual account numbers businesses.  Net profit after tax and amortisation (NPATA) rose 17 per cent to $24 million, while the revenue increase was greater still a...

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Over the Wire to acquire Fonebox, Zintel brands for $36m

Over the Wire to acquire Fonebox, Zintel brands for $36m

Telecommunications and IT solutions provider Over the Wire Holdings (ASX: OTW) is consolidating market share through the acquisition of two subsidiaries of J2 Global Inc (NASDAQ: JCM) for $36 million. Just months after cementing its partnership with data centre powerhouse NEXTDC (ASX: NXT), Brisbane-based OTW has entered a binding agreeme...

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FDA throws wet blanket on Mesoblast's treatment for bone marrow transplant condition

FDA throws wet blanket on Mesoblast's treatment for bone marrow transplant condition

Update: Since this story was published, the ODAC met and voted in favour of recommending Mesoblast's graft versus host disease (GvHD) treatment remestemcel-L. Click here for more.  Before pivoting to find a treatment for critically ill COVID-19 patients suffering from severe acute respiratory distress syndrome (ARDS), Meso...

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Blackbird Ventures raises $500m for Aussie and NZ startups

Blackbird Ventures raises $500m for Aussie and NZ startups

The Sydney-based venture capital (VC) fund that helped propel the likes of Canva and Culture Amp has recently completed its largest funding round to date, garnering a $500 million kitty to spend on the potential Antipodean unicorns of the future. In a blog on behalf of the team at Blackbird Ventures, co-founder Niki Scevak (pictured ...

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Perpetual cooling made possible with Alexium's new Phonon product

Perpetual cooling made possible with Alexium's new Phonon product

Alexium International Group (ASX: AJX) has announced a breakthrough technology for thermal management in textile- and foam-based consumer products. The South Carolina, USA-based performance chemicals provider has a focus on flame retardancy and thermal management, with an innovation model to address market gaps with patent-protected technolo...

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Credit loss provisions send Prospa into the red

Credit loss provisions send Prospa into the red

Fintech lender Prospa (ASX: PGL) saw its revenues hit the wall in April and May, with pressures on its small business clients winding back nine months of 10 per cent annualised revenue growth. The slowdown in loan originations led to expectations for a 4 per cent growth rate for the full FY20, while the company today announced a 'prud...

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CelluAir develops virus-filtering mask material from renewable sources

CelluAir develops virus-filtering mask material from renewable sources

Queensland University of Technology (QUT) and Adelaide-based incubator Innovyz have formed a joint venture that will bring mask material made from agriculture waste to the market. The JV startup CelluAir will commercialise the virus-filtering material which was developed by QUT process engineer Dr Thomas Rainey and his...

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WhiteHawk lands milestone $5.9m cybersecurity contract

WhiteHawk lands milestone $5.9m cybersecurity contract

The following article is sponsored content in partnership with WhiteHawk. Business News Australia does not give financial advice. WhiteHawk Limited (ASX:WHK) has been contracted by a US federal government CISO (Chief information Security Officer) to implement WhiteHawk's Cyber Risk Radar. News of the contract resulted in a substan...

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ACCC takes Google to court over personal data use

ACCC takes Google to court over personal data use

As Google prepares to face the US House Judiciary Antitrust Subcommittee along with other tech giants, the online search and advertising behemoth has a new legal challenge to contend with on the other side of the world here in Australia. The Australian Competition and Consumer Commission (ACCC) has launched legal proceedings in the F...

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