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Aussie VC fund Square Peg invests AU$12.1 million in AI startup Deci
Square Peg Capital, an Australian venture capital fund has injected a whopping capital of $US9.1 million (AU$12.1 million) in an Israeli AI startup, Deci. Emerge Capital also contributed in the funding. With the money raised, the artificial intelligence technology company aims to expand its operations...
5G Networks’ Joe Demase to assume Webcentral interim CEO role
Webcentral Group announces that the head of 5G Networks, Joe Demase will be taking over the leadership of the organization as its CEO temporarily ahead of the acquisition. The appointment of Demase has been made after the repayment of a few of its debts using...
Deputy Chair of ASIC, Daniel Crennan resigns after expenses scandal
The Deputy Chairman of Australian Securities and Investments Commission (ASIC, an Australian financial watchdog), Daniel Crennal QC has resigned from his position following an audit that inquired the organization’s spendings of $70,000 in expenses. On 23rd October, Friday, an investigation by the ANAO (Australian National...
Aussie watchdog ACCC sues Fuji Xerox over alleged unfair contract terms
Australian government agency, the Australian Competition and Consumer Commission has sued Japanese and American joint venture Fuji Xerox over apparent unfair small business contract terms. Bringing the matter to Federal Court, the ACCC alleges that 9 of standard form small business contacts of Fuji Xerox...
Westpac ditches 10% stake in Zip post signing deal with rival Afterpay
Aussie financial services company Westpac Banking Corporation sold its 10.7% stake in buy now, pay later fintech Zip Co Limited. The bank will be dumping 55.2 million shares, according to its statement to the Australian Securities Exchange (ASX). The offloaded 10.7% will net Westpac profit...
Accenture and ServiceNow launch digital transformation group
Amid the novel COVID pandemic, Accenture and ServiceNow have joined hands to launch a new global business unit. The unit, known as the Accenture ServiceNow Business Group will be solely dedicated to digital transformation projects. The Newly Launched Accenture ServiceNow Business Group Accenture and ServiceNow’s...
Security & networking company Cato Networks announces A/NZ expansion
Global leading security and networking company Cato Networks has announced its expansion to Australia and New Zealand along with new executive appointments. The Israeli networking company has hired Brett Waddington as the ANZ Regional Sales Director and Thanh Khong as its Sales Engineer ANZ region....
E-commerce Electronics platform Reebelo Makes Australia Debut
Singapore-based electronics e-commerce site Reebelo is all set to make its debut in the Australian market. It has partnered with local resellers in order to sell second-hand goods. The electronics marketplace Reebelo has opened up shop in Australia following US$1.5million seed funding earlier in June....
Technopreneurship: Definition, Importance, and Examples
Introduction In this blog, we will try to explain what technopreneurship means, its definition, examples, importance and how can you become a successful technopreneur. The term ‘technopreneurship’ is the amalgamation of the century’s most powerful two words – entrepreneurship and technology. A person who identifies...
