The ACCC raises concerns about Google buying Fitbit
Last year in November, Google announced that it will be acquiring a leading wearable fitness device maker, Fitbit for $2.1 billion (A$3 billion). The ACCC (Australian Competition and Consumer Commission) has raised a series of preliminary concerns about the acquisition. The ACCC pointed out how...
Leidos Australia names Paul Chase as its new CEO
The Australian arm of Leidos promoted its Director of IT Projects and Intelligence, Paul Chase, as its Chief Executive Officer. After Christine Zeitz stepped down from the position this March after 4 years, Chase had been filling the role on an interim basis. Leidos Australia...
10 Australian Space Projects Garner $11 Million Government Funding
The Australian government has backed ten space startups and researchers by awarding them with grants totalling to $11 million. The chosen Australian space startups and researchers work on everything from AI-based avatar crews to the design of spacesuits that make spacewalking easier. Karen Andrews, Minister...
Macquarie Telecom Group announces a new data centre in Canberra
Australia-based Macquarie Telecom Group consists of Macquarie Telecom, Macquarie Cloud Services, Macquarie Government and Macquarie Data Centres. Through Macquarie Data Centres and Macquarie Government, Macquarie Group has announced a new data centre in Canberra – Intellicentre 5 (IC5). The Sydney-based telecom company will invest a...
Brad Anderson appointed as the VP of VMware Australia & New Zealand
VMware, an American cloud computing software vendor has appointed Brad Anderson as its newest executive for the Australia and New Zealand arm. Brad Anderson has been announced as VMware Australia and NZ’s Vice President and Managing Director. He has replaced Alister Dias, who was promoted...
Uniti Group acquires Australian FTTP network operator OptiComm
Adelaide-based telecom company Uniti Group is set to acquire Melbourne-based fibre-to-the-premises (FTTP) network operator for $532 million. Uniti has entered a scheme implementation deed with the fibre network operator through which it will acquire 100% shares of OptiComm. The telecommunications company has agreed to pay...
Summit Fertilizers & DataFarming sign deal to improve pasture management
Queensland-based company DataFarming and Australia fertilizer company Summit Fertilizers have inked a deal to enhance pasture management technology. According to the deal, DataFarming will give access to its NDVI (Normalised Difference Vegetation Index) satellite images of paddocks to Summit’s managers and clients. The precision agriculture...
Microsoft bans sale of facial recognition technology to the U.S. police department
In a video conference at a Washington Post event, Microsoft President Brad Smith said that Microsoft won’t sell facial recognition technology to police until there are national laws in place. Microsoft’s announcement follows the footsteps of tech companies Amazon and IBM that limit their plans...
Online retailer Kogan raises $100 million in an institutional placement
Australian online retailer Kogan successfully raised capital of $100 million via an institutional placement. The company announced yesterday that it will be raising capital to expand its services. It sold its shares for a 7.5% discounted price of $11.45 per share. The Australian e-tailer will...
Australia & India sign pact on critical technology & cyber resilience; both will invest $12.7 million
On 4th June, Australia and India signed a pact in which both countries agreed on spending $12.7 million on cyber resilience and critical technology. The pact was signed during the Australia-India Leaders’ Virtual Summit where both the countries joined hands to promote digital trade, harness...
