Month: July 2020

Instagram Reels expands to India while rival TikTok gets banned

Riddhi Jain, 5 years ago 9 min read

Facebook-owned Instagram has launched its very own 15-second video feature in India called ‘Reels’. The photo-sharing platform has launched Reels as a feature which will be a part of the Instagram app and won’t require users to download and register on a separate app. The...

NBN Co to cut 800 jobs by the end of 2020 as a part of its restructuring efforts

Riddhi Jain, 5 years ago 3 min read

Australian telco NBN Corporation to slash at least 800 jobs as its initial network build approaches completion. The layoffs are also a part of its major restructuring efforts. Currently, the internet service provider has 6,300 people working for its various projects. Stephen Rue, NBN Co...

Technical info on Citrix vulnerabilities & exploits limited after patches

Riddhi Jain, 5 years ago 2 min read

Multinational IT company Citrix Systems, Inc. has decided against providing the complete technical details of the vulnerabilities found in its products. It also wouldn’t disclose the full details of the patches used to fix these vulnerabilities, in an attempt to limit the advancement of these...

PwC Partner Anthony Klein Backs Australian Startup Preezie with Seed Funding

Riddhi Jain, 5 years ago 3 min read

PwC Australia partner Anthony Klein has decided to pitch in along with a group of investors to provide seed funding for Preezie, an Australian startup. The ambitions of this Melbourne-based e-commerce startup are also supported by Skalata Ventures, a venture capital firm and other angel...

ME & Heritage Bank partner with Apple Pay for contactless payments

Riddhi Jain, 5 years ago 3 min read

Australian financial institutions, ME Bank and Heritage Bank have announced they will offer Apple Pay as a payment method to their customer. Australia and New Zealand Banking Group was the first of the big 4 banks in Australia to allow Apply Pay as a contactless...

BNPL Afterpay raises $1.05 billion; founders offer $250 million of their stake

Riddhi Jain, 5 years ago 3 min read

Australian buy now, pay later company Afterpay has raised $1.05 billion in capital to expand into new international markets and maintain the sales growth momentum. As a part of the capital raising, the fintech’s founders, Nick Molnar and Anthony Eisen will sell 10% of their...

Telstra & Optus get $50 million to build 21 new mobile towers in NSW

Riddhi Jain, 5 years ago 3 min read

With the goal of improving internet connectivity in underserved regions, Optus and Telstra will be building 21 new mobile towers in NSW. The Australian telcos have received $50 million in funding from the state government to build the mobile towers in southern New South Wales....

Trend Micro to bring AWS-backed open banking solution to Australia

Riddhi Jain, 5 years ago 2 min read

Japanese cybersecurity company Trend Micro is launching an AWS-powered open banking solution in Australia. The name of the solution is Trend Micro Cloud One ‘Conformity’ and it will be Australia’s first automated open banking solution for secure data sharing. The banking solution offered by Tokyo-based...

Optus strikes deal with Airbus to deploy software-defined satellite ‘Optus 11’ in 2023

Riddhi Jain, 5 years ago 2 min read

Australian telecommunication giant Optus has signed a deal with Airbus Defence and Space to launch Optus 11, a Ku-band software-defined satellite, in 2023. A statement from the telco said the launch will make Optus the first satellite operator in APAC region to launch an OneSat...

QBE Insurance Australia partners with dorsaVi to use wearable technology insights

Riddhi Jain, 5 years ago 2 min read

The Australia arm of QBE Insurance Australia has announced an alliance with wearable technology company dorsaVi. The partnership will give the insurance company access to dorsaVi’s wearable sensor technology and corresponding data insights. The wearable hardware and software features of dorsaVi are meant to reduce...

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