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What tech companies are doing to control the spread of fake news
The term “fake news” first gained popularity around the 2016 presidential elections, and since then politicians have not stopped talking about it. However, misinformation isn’t just a political issue. False news is also highly financially motivated. Spammers usually communicate using names of established brands to...
Australia Wins AI Eurovision Song Contest: A Breakthrough
The Australian song composed using artificial intelligence wins the first prize in the first AI Eurovision song contest. Australian song ‘Beautiful the World’ beat 12 other entries from different parts of the world to claim victory. Hosted by Dutch radio station VPRO, this Eurovision-style song...
Sydney Angels investment group invests $2.4 million in 3 tech startups
Australia-based investment group Sydney Angels will be investing a total of $2.4 million in 3 tech startups – Trendspek, JRNY and Cogsworth. According to Techboard, in 2019, total funding captured was $7.356 billion that was spread over 844 funding events. A 76% increase in value...
NASA & SpaceX give Crew Dragon a ‘GO’ for launch
SpaceX’s Crew Dragon capsule and Falcon 9 rocket are now ready to fly with NASA astronauts Bob Behnken and Doug Hurley. The spacecraft gets a ‘go’ from both NASA and SpaceX, to take a trip to the International Space Station after officially passing the final...
Australian FinTech Afterpay appoints Elana Rubin as its chairman
Australia’s ‘Buy-Now-Pay-Later’ company, Afterpay, formally appoints Elana Rubin as its chairman. Ms Rubin has been filling the role on an interim basis in this Australian fintech company since last year. As of May 25th 2020, she has been asked to take up the position permanently....
Adapt to COVID-19 Crisis and Generate Demand
The COVID-19 crisis has disrupted the global market, and with its trajectory on the rise, businesses across the world are grappling with its devastating impact. In order to contain the spread of this virus, governments are adopting measures such as social distancing and quarantine that...
Foxtel’s streaming service ‘Binge’ now available in Australia
Foxtel’s new subscription video on device (SVoD) service, Binge, is now available in Australia. According to a Ray Morgan research, by the end of 2019, over 14.5 million Australians had access to one or another form of streaming service [1]. Additionally, while Netflix, Amazon Prime...
Australian Company ‘InteliCare’ gets listed on ASX after IPO
Overcoming the challenges of coronavirus, InteliCare manages to get listed and will debut today on the ASX. The company’s lead manager JP Equity closes its book of the $5.5M IPO early. More investments are being made by private healthcare companies and the government to improve...
Amazon announces its second solar farm in Australia
According to Geoscience Australia, the country receives about 58 million PJ (Petajules) of solar radiation every year. This is approximately 10,000 times more than its total energy consumption. To use this as an opportunity to focus on sustainable development goals, e-commerce giant Amazon has decided...
