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Technology
Nearmap (ASX:NEA) shares gain over 16% today. Here’s why
March 29, 2022 06:11 PM AEDT| By Sonal GoyalHighlights Nearmap Group has signed largest ever government annual contract in North America. The annual contract value (ACV) stands at AU$150 million. Recently, Nearmap has also reaffirmed its FY22 guidance, driving the overall upbeat momentu.....
Is Australia set to emerge as the world’s leading critical minerals supplier?
March 27, 2022 12:10 AM AEDT| By Arpit VermaHighlights Australia is well known for its mineral-rich deposits and is considered a powerhouse of minerals. Critical minerals are vital for growth in various sectors, including transport, energy, medical, defense, aerospace, automotive, and te.....
PYG, IHR: Two ASX HR tech stocks that rode out COVID-19 storm in style
March 27, 2022 12:10 AM AEDT| By Mohammad ZaidHighlights The technology wave amid COVID-19 has compelled businesses to outsource HR functions for enhanced business efficiencies. ASX-listed HR tech companies like PYM and IHR have witnessed record financial numbers with sig.....
Snap Inc (NYSE: SNAP) nixes iPhone privacy fears - answer to Meta woes?
February 05, 2022 03:58 AM AEDT| By Rupam RoyHighlights Snap Inc forecasts revenue of US$1.03 billion to US$1.08 billion in Q1, FY22. It expects daily active users to be in the range of 328 million to 330 million. The company reported its first positive net income since its IPO in March .....
Amazon (AMZN) rides Rivian stake to US$14.3-bn profit, raises membership fees
February 04, 2022 11:38 AM AEDT| By Sanjeeb BaruahAmazon.com Inc (AMZN) on Thursday posted a fourth-quarter profit of US$14.3 billion, boosted by a pre-tax gain from its stake in electric vehicle maker Rivian Automotive. The stock rose as much as 15% in the after-market hours after dipping nearly.....
What’s in store for Facebook in 2022 after a year of hurdles?
October 21, 2021 09:55 AM AEDT| By Sanjeeb BaruahThe first nine months of 2021 have been difficult for Facebook, marred by relentless hurdles that seemed almost unassailable. And as the year draws to an end, it is perhaps a time of reflection and learning for Facebook and preparing for a new year.....
There is one cyber-attack every 8 minutes in Australia: ACSC
September 17, 2021 06:11 PM AEST| By Priyanka PayalIn a startling revelation, the Australian Cyber Security Centre (ACSC) stated in its Annual Cyber Threat Report 2020–21 that Australia is reporting a cyber-attack in every 7.8 minutes. The report also disclosed that close to a quarter of cybe.....
New ACCC plan laws spells tough times for big tech
September 07, 2021 06:09 PM AEST| By Team Kalkine MediaHighlights Big tech companies are facing hard time due to the new tough regulations under the ACCC plan. The Australian government has been considering new laws for Apple, Google, and other tech giants. New reforms are expected to incl.....
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Which are the 5 best AI companies worldwide?
September 07, 2021 04:17 PM AEST| By ManikaArtificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision. AI will be impacting t.....
Are these 10 global technology companies poised to grow in FY21?
July 16, 2021 05:58 PM AEST| By ManikaSummary For technology companies, numbers don’t matter that much. The cutting-edge technology is what makes investors interested about them. There are many cloud-based companies poised to do well in FY21. For technology stocks.....
Branson steals the march on Bezos in billionaires’ space race
July 13, 2021 10:18 AM AEST| By Furquan MoharkanSummary Richard Branson has beaten Jeff Bezos to the punch in billionaires’ space tourism race. With a price tag between US$200,000 to US$250,000 per ticket, an advance sale of about 600 tickets from 60 different countries has already bee.....
Data Is New Oil. Here is why.
July 01, 2021 04:06 PM AEST| By Furquan MoharkanIt is said that “Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used.” It was famously first coined by Clive Humby, UK Mathematician, and architect of Tesco's Clubcard. Data seems to be most sought...
What’s the link between ByteDance and TikTok?
June 22, 2021 04:37 PM AEST| By Tripti JoshiByteDance, the most valuable start-up in the world, is the developer of social networking services and video-sharing apps such as TikTok and Douyin. Douyin is the Chinese-specific counterpart to TikTok. ByteDance was founded by Zhang Yiming in Marc.....
Amazon Dodges US$300 Million EU Tax Order
May 13, 2021 09:23 AM AEST| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 30, 2021 11:00 AM AEST| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 28, 2021 09:05 AM AEST| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 28, 2021 04:24 AM AEST| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
Reddit Valuation Soars To $6 Billion After Latest Fundraiser
February 10, 2021 11:07 AM EST| By Kunal SawhneyRiding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa.....
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BNPL stocks react after the UK proposed regulatory changes
February 04, 2021 03:55 PM AEDT| By Team Kalkine MediaThe unsecured credit market has been expanding with each passing year. The growing need for credit has risen for the diverse range of goods, demanded by consumers. The popularity of digital lending in the recent past has further expanded the credit.....
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Apple Taps Bond Market for the Third Time Amidst Aggressive Share Buybacks and Dividends
February 03, 2021 01:08 PM AEDT| By Team Kalkine MediaApple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third time since May 2020. while funding operations like share buybacks. Image Source: © Kalkine...
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