World news
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‘MUSK’ to Know Tweets that shook markets
November 11, 2021 06:24 PM AEDT| By Kiara KhannaHow many followers does Elon Musk have on his Twitter account? Sixty-three million and going strong, and almost all his tweets get lakhs of likes, comments, and retweets. Now, that is normal for almos...

PM Morrison’s EV policy: 10 electric cars Aussies can choose!
November 11, 2021 05:01 PM AEDT| By Sukriti NairOn Tuesday, Australia's prime minister, Scott Morrison, announced plans to encourage electric vehicle buying. The plans came weeks after the Australian Federal Government was accused of lagging in the climate change response. PM Morrison has offere.....

Why has The Sandbox’s gaming platform been incorporated into social metaverse?
November 11, 2021 04:57 PM AEDT| By Jasmine AnandA piece of good news for all the tech-savvy gaming enthusiasts is making rounds. The Sandbox, which is one of the leading blockchain-based metaverse games, has announced its partnership with the Metaverse, the world-famous social community. Before.....

Unemployment rises in Australia despite lockdown lifts: ABS
November 11, 2021 03:23 PM AEDT| By RitwikaHighlights In October 2021, unemployment rate in Australia rises to 5.2%. Employment decreases to 12,835,200. Employment to population ration falls to 61.3%. The Australia Bureau of Statistics released the Labour Force statistics on 11 No.....

How Netflix became top player among other OTTs
November 11, 2021 02:31 PM AEDT| By SamtaOver-the-top (OTT) platforms have increased drastically with Netflix becoming one of the most popular OTT platforms in recent years. With over 182 million subscribers worldwide, Netflix is home to amazing original programs that include TV Series, W.....

Elon Musk loses US$50 bn this week but retains ‘richest person’ title
November 11, 2021 09:52 AM AEDT| By Ipsita SarkarHighlights Tesla Inc (NASDAQ: TSLA) lost about US$200 billion after a huge stock selloff in recent sessions. The Tesla stock price is up more than 40% YTD. The electric vehicle maker’s revenue jumped 57% YoY in Q3, FY21. Electric ve.....
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Nano crypto: Will it outpace Shiba Inu?
November 10, 2021 04:45 PM AEDT| By Jasmine AnandUltra-popular meme coin Shiba Inu’s popularity has reached unprecedented levels. Its historic price gains have turned its ardent followers into millionaires. On 23 October, it gained about 21% when it was priced at US$0.00003385. It rose.....

Tesla (TSLA) stock slide continues amid groundswell of adverse headlines
November 10, 2021 02:37 PM AEDT| By Sanjeeb BaruahHighlights However, despite its latest two-day rout, the stock is still up about 46% this year. Tesla Inc. hit the US$1-trillion mark in market cap in late October as stocks continue to rise. Most gains were accrued after its third-quarter re.....

No delivery address to send gifts? Don’t worry, Amazon has a solution
November 10, 2021 02:26 PM AEDT| By AshishHighlights Amazon recently launched a new shopping feature, which allows its Prime members to purchase gifts for others without having their home delivery address. The feature just requires the recipient's email address or mobile phone number. .....

GE stock jumps 17% on plans to split into three companies
November 10, 2021 04:33 AM AEDT| By Versha JainHighlights GE Electric Company (NYSE: GE) announced plans to split into three public companies, with the spin-off starting in early 2023. The Boston-based company was founded in 1892 before it became a massive business conglomerate. The stock .....

COVID-19 third shot administration starts in Australia
November 09, 2021 02:23 PM AEDT| By Sonal GoyalHighlights The booster vaccination program has begun in Australia. The program began formally on Monday, but on Saturday itself 173,000 doses have already been administered. The update on the vaccination among children was also provided by the.....

H20.ai raises US$100 million in Series E funding; key things to know
November 09, 2021 01:28 PM AEDT| By AshishHighlights ai has raised US$100 million in a funding round led by the Commonwealth Bank of Australia (CBA). ai’s platform, the H2O AI Cloud, works with an aim to simplify the work related with machine learning projects. The.....

Aussie med-tech Artrya gets a breakthrough from the UK
November 09, 2021 01:05 PM AEDT| By Sonal GoyalHighlights The AI-backed cardiac diagnostic software of Artrya has received a breakthrough in the UK. The tender bid in the UK has been successful and now the Company is accepted in the National Health Service Shared Business Services. As per .....

Avenue bank raising A$12 million fresh capital
November 08, 2021 09:04 PM AEDT| By Sonal GoyalHighlights Avenue Bank to raise fresh capital of AU$12 million as it aims at targeting small businesses that are not satisfied with large banks. In order to attract additional investors, the company is undertaking a B2 round of AU$12 mill.....

Una Brands secures US$20 million in Series A funding
November 08, 2021 09:01 PM AEDT| By SamtaHighlights The e-commerce acquirer – Una Brands, has completed a US$20 million Series A. Since the launch, the brand has acquired over 15 brands and owns seven offices worldwide. Una buys those retailers who are primarily selling a.....

Australia’s Quick Serve Industry – An overview
November 08, 2021 07:26 PM AEDT| By SamtaHighlights As per experts, Australian food market is likely to grow at an annual compound growth rate (CAGR) of 3.2% by 2021-2026. According to the analysts, this sector is likely to witness a volume growth of 0.8% in FY22. COVID-19 has cha.....
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US administration sanctions NSO Group over Pegasus spyware
November 08, 2021 04:55 PM AEDT| By Toshiva JainIn a world driven by technological advancements, several opportunities and challenges come along the way. Technology has both pros and cons; and sometimes the cons overpower. Thus, stringent policies are needed to safeguard the running syst.....

What is Pi Network all about?
November 08, 2021 04:51 PM AEDT| By Jasmine AnandA digital currency project which is quickly catching the attention of crypto investors is the Pi Network. Founded in 2018 by a group of Stanford graduates, the Pi Network provides solutions to mint profits by mining crypto coins just by using a mo.....

Long live Aussies! Life expectancy reaches a new high
November 08, 2021 03:38 PM AEDT| By Aditi SahaAustralia has one of the world's largest life expectancy rates. Moreover, Australia's life expectancy is soaring, with the Australian Capital Territory and Victoria taking the crown for the longest-lived citizens.According to the most recent Austra.....

From gaming to enterprise, what’s Big Tech's approach for metaverse?
November 07, 2021 12:09 AM AEDT| By Mohammad ZaidThe metaverse, a concept recently promoted by Facebook co-founder Mark Zuckerberg, has been the talk of the town since the Company announced its name change. Facebook might seem to have used the first mover’s advantage in bringing the virtual.....
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