Australia

Canva

Canva’s valuation more than doubles to $40 billion in latest funding round

Graphic design and collaboration platform Canva said that it is now valued at $40 billion after the company raised $200 million in a funding round led by investment management firm...

Google and Apple PAy

Australia considering new laws for Apple, Google, WeChat digital wallets

The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Google.

Facebook and Google versus Australia

Three Australian publishers accuse Facebook of unfairly taking their content

Three Australian publishers of lifestyle content say Facebook used their articles on its just-launched news service after refusing to negotiate licensing deals, and that the countr...

Platform Economy in Australia, primarily in Melbourne and Sydney

Top 3 Australian internet service providers sued for false speed claims

Australia’s consumer regulator filed separate lawsuits against the country’s top three internet service providers for allegedly making incorrect claims about speeds tha...

Afterpay

The $29 billion deal in 11 weeks: how Square bought Afterpay

Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter Inc, and his payments company, Square Inc, also likes getting straight to the...

Jack Dorsey

Jack Dorsey leads $29 billion buyout of lending pioneer Afterpay

Square Inc, the payments firm of Twitter co-founder Jack Dorsey, will purchase buy now, pay later (BNPL) pioneer Afterpay Ltd for $29 billion, creating a global transactions giant ...

McDonalds

McDonald’s creates new unit to focus on global digital app

McDonald’s Corp is bringing its digital, data analytics, marketing, restaurant development and operations segments into one unit as it focuses on driving growth through its g...

Afterpay

Australia’s Afterpay to launch banking app in October

Afterpay Ltd will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL) services for its 3.5 million-plus Australian users as competition intens...

Facebook and Google versus Australia

ACCC may authorise media group talks with Google and Facebook

Australia’s competition watchdog has said it issued draft proposals to authorise regional newspaper industry group, Country Press Australia, to negotiate with Google and Face...

Platform Industry: Google search engine

Google dangles paid upgrade to businesses using Gmail addresses

Google has unveiled an option for small businesses to upgrade their Gmail accounts for greater calendaring, video chat and email newsletter functionalities.

Platform Development: Altium

Altium rejects $3.9 billion buyout offer from Autodesk

ASX-listed software maker Altium Ltd has rejected a buyout proposal from American peer Autodesk Inc that valued the company at A$5.05 billion (approximately $3.91 billion), saying ...

Platform Industry News: Twitter

Twitter begins rolling out subscription product to undo tweets

Twitter has said it will roll out a new subscription product initially in Australia and Canada called Twitter Blue, which will let paying users edit their tweets before posting and...

Platform News: Facebook like

Australia’s Nine signs Facebook and Google deals

Australian broadcaster and publisher Nine Entertainment said it signed multi-year content-supply deals with Google and Facebook, harnessing tough new licencing laws to bolster prof...

Commonwealth Bank: Australia

Australia’s CBA to let customers check other bank balances on its app

Commonwealth Bank of Australia has become the first among the country’s four big lenders to allow customers to view account balances from other lenders through its app, in a ...

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