Australia
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...
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.
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...
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...
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 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 ...
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...
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...
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...
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.
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 ...
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...
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...
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 ...