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Technology
Generative AI: A Double-Edged Sword for Tech Leaders Amid Pricing Challenges
September 20, 2024 03:49 PM AEST| By Team Kalkine MediaHighlights,Generative AI applications such as ChatGPT and GitHub Copilot are gaining attention for their ability to simplify communication and creativity.,Microsoft’s AI tools in the 365-suite face low user adoption rates.,Customer feedback indicates...
Australian Technology Sub-Index (AXIJ) Soars to Record High Following U.S. Rate Cut
September 20, 2024 02:41 PM AEST| By Team Kalkine MediaThe Australian technology sub-index (AXIJ) has experienced a significant surge, jumping as much as 1.4% to reach a record high of 3,673.8 points. This remarkable increase reflects overnight gains on Wall Street, buoyed by the U.S. Federal Reserve's r...
Animoca Brands’ Mocaverse and Magic Eden Partner to Launch MagicMoca NFT Platform
September 19, 2024 11:16 AM AEST| By Team Kalkine MediaAnimoca Brands Corporation Ltd (ASX:AMB) and Magic Eden have announced a strategic partnership to co-launch MagicMoca, a dedicated NFT launchpad designed specifically for the Mocaverse community. This collaboration, unveiled on September 17, marks a...
Instagram Introduces “Teen Accounts” with Automatic Content Restrictions for Underage Users
September 19, 2024 12:00 AM AEST| By Team Kalkine MediaIn response to increasing global pressure for better safeguards on social media, Instagram has launched a new account type designed specifically for users under 18 years old. The introduction of “teen accounts” aims to limit the kind of content and i...
Motorverse and DeLorean Partner to Bring Iconic Cars into Web3 Racing Games
September 18, 2024 04:42 PM AEST| By Team Kalkine MediaDeLorean Motor Company, renowned for its iconic sports cars, has entered into a strategic partnership with Animoca Brands Corporation Ltd's Motorverse, a leading ecosystem dedicated to Web3 motorsports, digital vehicles, and racing games. This collab...
Has Animoca Brands Made a Strategic Investment in Tokenize Xchange’s Titan Chain?
September 18, 2024 04:21 PM AEST| By Team Kalkine MediaAnimoca Brands Corporation Ltd,has announced a strategic investment in,Tokenize Xchange,and its blockchain infrastructure, Titan Chain. This collaboration aims to leverage the synergies between the two companies to advance digital property rights and...
How is Oracle Using Nuclear Power for AI Data Centres Amid the Australian Nuclear Power Debate?
September 18, 2024 04:11 PM AEST| By Team Kalkine MediaLarry Ellison, co-founder of,Oracle Corporation,(NYSE:ORCL),, has unveiled an ambitious plan to develop a data centre powered by three small nuclear reactors. This project aims to support Oracle's expansive artificial intelligence (AI) initiatives. A...
Zip (ASX:ZIP) shares witnesses astonishing rally recently. What’s happening?
September 18, 2024 11:15 AM AEST| By Team Kalkine MediaAfter three consecutive days of gains, shares in Zip Co Ltd (ASX:ZIP) dipped slightly on Tuesday, closing 1.2% lower at AU$2.38. While the S&P/ASX 200 Index (ASX: XJO) stock faced a minor pullback, this hasn’t significantly dented the stock’s remarka...
Xero (ASX:XRO) Share Price Increases Following US$70 Million Acquisition
September 17, 2024 05:40 PM AEST| By Team Kalkine MediaXero Ltd,(ASX: XRO),has seen a 2% uptick in its share price following the announcement of a significant acquisition. As one of the leading global providers of accounting software, Xero, an,ASX tech stock,, has revealed plans to acquire Syft Analytics...
Xero (ASX:XRO) to Acquire Syft Analytics for US$70 Million
September 17, 2024 11:20 AM AEST| By Team Kalkine MediaXero Limited (ASX:XRO) has announced its plan to acquire Syft Analytics, a leading global cloud-based platform for reporting, insights, and analytics tailored for accountants, bookkeepers, and small businesses.,Strategic Expansion in Analytics and Re...
Austal Secures US$450 Million Contract for US Shipyard Expansion
September 16, 2024 10:01 AM AEST| By Team Kalkine MediaAustal Ltd (ASX:ASB), a prominent player in the shipbuilding industry, has secured a substantial US$450 million contract to expand its shipyard in Alabama. This expansion is designed to enhance the shipyard's production capacity, with a focus on deli...
An In-Depth Look at Xero (XRO) Shares
September 11, 2024 03:41 PM AEST| By Team Kalkine MediaThe Xero Ltd share price has surged 25.5% since the start of 2024. Investors are showing strong interest in this cloud-based accounting software company. Let’s dive into what makes Xero an attractive option for many in the,ASX tech sector,.,Xero’s Gr...
NEXTDC (ASX:NXT) Shares Drop After Announcing AU$750 Million Capital Raising
September 11, 2024 03:02 PM AEST| By Team Kalkine MediaShares of Australian data center operator NEXTDC (ASX:NXT) fell as much as 4.3% to AU$17.075 on Wednesday, marking their biggest intraday decline since August 28. The drop followed the company's announcement of a major capital raising initiative, cau...
NextDC Dragging Tech Stocks into the Red: What’s Behind the Decline?
September 11, 2024 01:50 PM AEST| By Team Kalkine MediaOn Wednesday afternoon, data center operator NextDC Ltd,(ASX: NXT),is significantly impacting the technology sector, causing a broader decline among tech stocks. The company's latest financial maneuver has led to a noticeable drop in its share price,...
NextDC Ltd (ASX: NXT) Completes $550 Million Capital Raise and Announces Share Purchase Plan
September 11, 2024 12:43 PM AEST| By Team Kalkine MediaNextDC Ltd,(ASX: NXT),, a leading data center operator, has successfully completed its latest capital raise, securing $550 million through the issuance of 32.1 million new shares. The shares were issued at a price of $17.15 each, representing a 3.9%...
XReality Group Secures US Defence Contract for $5.6 Million to Supply Advanced Training Technology
September 11, 2024 10:26 AM AEST| By Team Kalkine MediaXReality Group Limited (ASX:XRG) has announced a significant breakthrough with the sale of its Operator XR training software to a U.S. government customer. The contract, valued at $5.6 million, marks a major milestone for the company, positioning its...
Omnitronics Joins DAMM Application Partner Program
September 10, 2024 05:43 PM AEST| By EIN PresswireOmnitronics Joins DAMM Application Partner Program Omnitronics, a leader in radio dispatch & interoperable communication solutions, is excited to announce its entry into the DAMM Application Partn...
Zip Co vs. Klarna: Two BNPL companies gaining limelight in 2024
September 10, 2024 02:25 PM AEST| By Team Kalkine MediaIn 2024, Zip Co Ltd (ASX:ZIP) has emerged as one of the standout performers on the Australian Securities Exchange (ASX), boasting an extraordinary 241% gain since January. This surge reflects Zip's growing dominance in the Australian buy now, pay lat...
Tech Bytes: RMIT Experts Critique Australian AI Safety Standard for Insufficient Measures
September 09, 2024 03:41 PM AEST| By Team Kalkine MediaLast week, the Australian Federal Government introduced the 'Voluntary Artificial Intelligence (AI) Safety Standard,' a guideline designed to outline ten suggested AI safeguards and their implementation.,The government asserts that these guardrails a...
NextDC's Share Price Surge Draws ASX Attention Amid Market Buzz
September 05, 2024 04:21 PM AEST| By Team Kalkine MediaNextDC Ltd, a leading data centre operator, experienced a notable surge in its share price on Thursday, with its stock climbing to a peak of $18.14. This marked a significant increase from the previous day's closing price of $16.07, reflecting a 12%...
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