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World news
Square Inc (SQ) changes corporate name to Block
December 03, 2021 05:13 AM AEDT| By Team Kalkine MediaHighlights Square Inc will officially become Block on Dec 10, the company said in a release on Wednesday. Square Inc’s ticker symbol SQ on the NYSE exchange will remain as it is. The company also said there would be no organizational c.....
Tech giants under Morrison government scanner over user safety
December 02, 2021 08:36 PM AEDT| By SamtaHighlights Australia raises the possibility of more legislation on the tech giants with a new inquiry. The committee lawmakers will investigate the algorithms used by the social media platforms. Morrison said big tech companies have big questi.....
Australian healthcare startup Harrison.ai raises A$129M
December 02, 2021 01:21 PM AEDT| By Priyanka PayalHighlights Australian Healthcare startup Harrison.ai successfully raises AU$129 million to accelerate in one of the Country’s largest-ever Series B funding rounds. ai has also announced a fresh partnership with Sonic Healthcare (ASX:SHL) .....
Virgin Australia reports A$3.7B profit; first in 10-years of history
December 01, 2021 07:16 PM AEDT| By Sukriti NairHighlights Virgin Australia reports billion-dollar profit in FY21. An unexpected profit is grabbing all the attention to its previously loss-making business. In its first since 2012, Virgin Australia has reported an AU$3.7 billion after-ta.....
Vinomofo buys Revel events to bring new food and wine shows
December 01, 2021 05:16 PM AEDT| By Sukriti NairHighlights Vinomofo acquires Revel events. Expectations are of a rise in food and wine events, with restriction easing. Online wine retailer Vinomofo has acquired Melbourne-based event company Revel. The acquisition decision builds on Vino.....
Aussie designer sues pop star Katy Perry over trademark infringement
December 01, 2021 02:10 PM AEDT| By Priyanka PayalHighlights A lawsuit has been filed against American Singer Katy Perry. Australian designer Katie Jane Taylor, with her maiden name Katie Perry, has alleged that the American pop star has infringed her trademark. The case will be heard in the .....
How can distributed cloud adoption support businesses in coming days?
December 01, 2021 01:58 PM AEDT| By Sonal SinhaHighlights Distributed cloud is an architecture where several clouds are used to meet compliance needs, performance requirements and support edge computing. Distributed cloud is cost-efficient, easy to implement, and has auto-update features. .....
EnGeneIC strikes historic deal with ImmunityBio
December 01, 2021 01:02 PM AEDT| By Priyanka PayalHighlights Australian biopharma firm EnGeneIC strikes a deal to grant US-based Biotech giant ImmunityBio, an exclusive license for nano cell technology for anti-cancer drugs and COVID-19 vaccines. Post this announcement, shares of ImmunityBio I.....
Who is Parag Agrawal?
November 30, 2021 06:11 AM AEDT| By Versha JainHighlights Parag Agrawal is appointed as the new CEO of Twitter, succeeding Jack Dorsey. Agrawal completed his bachelor’s degree from IIT-Bombay and PhD from Stanford University in Computer Science. He has been with Twitter since 2011. .....
Why is Jack Dorsey stepping down as Twitter CEO?
November 30, 2021 05:09 AM AEDT| By Rupam RoyHighlights Jack Dorsey will step down as Twitter CEO. Parag Agrawal has been appointed as Twitter’s new CEO. Bret Taylor has been named as the new board chairman of Twitter. Twitter, Inc. (NYSE: TWTR) has named Parag Agrawal as the .....
World in panic mode as Omicron arrives
November 28, 2021 11:18 PM AEDT| By AkshayHighlights Omicron has made its way to the UK, Germany, Italy, Israel, Belgium and Hong Kong. WHO has classified the new infection as a “variant of concern”. Omicron or B.1.1.529 strain was first confirmed from a sample collected o.....
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Australia’s depressing climate record comes under COP26 spotlight
November 26, 2021 09:43 PM AEDT| By SamtaHighlights Australia’s depressing climate record has grabbed COP26’ attention on the back of its negligible contribution to fighting the climate crisis. The country has come under the spotlight for not signing onto agreements like &.....
APRA issues final climate change policy guidelines
November 26, 2021 09:36 PM AEDT| By Priyanka PayalHighlights APRA issues final recommendations to help banks, insurers, and superannuation trustees in managing financial risks linked to climate change, without imposing any new rules. The move to a lower-emissions economy leads to financial ris.....
Want to buy a house? Here's a look at the housing market in Australia
November 26, 2021 07:22 PM AEDT| By Priyanka PayalHousing sector is booming in Australia. Who doesn’t want to have a home of their own? However, this seems to be an arduous task in Australia in days to come, given the current rise in property prices. Recently published, ANZ CoreLogic Housing.....
What can threaten Black Friday sales in Australia?
November 26, 2021 12:26 PM AEDT| By Priyanka PayalAt a time when the Country is in the grip of festive fervour and Aussies are busy shopping Christmas presents for their close ones, there appears to be a hiccup amidst this celebratory atmosphere. This is because threats of ad hoc strike at major d.....
Most expensive goat – Marrakesh fetches record $21K in Australia
November 25, 2021 09:22 PM AEDT| By SamtaHighlights The most expensive goat – Marrakesh, hits AU$21,000 record in Australia. Marrakesh went on sale in NSW on Wednesday. Megan Mosley and her partner Andrew purchased the 79-kilogram breeding buck. Marrakesh- a goat in.....
Festive fervour likely to boost Black Friday sales in Australia
November 25, 2021 08:36 PM AEDT| By Priyanka PayalHighlights This year’s Black Friday shopping sales are likely to be the biggest one ever. Aussies spent over AU$5.57 billion in November last year, and this record-breaking number is anticipated to be crossed this time. Australia&r.....
Mass Coral breeding fills Great Barrier Reef with different hues
November 25, 2021 06:59 PM AEDT| By Priyanka PayalHighlights Scientists report mass spawning of coral species in Queensland's Great Barrier Reef. Mass breeding has caught the attention of divers and marine biologists. The mass breeding of the corals is seen when the World Heritage-listed natu.....
Should Australia be worried over 4th COVID-19 wave?
November 24, 2021 08:21 PM AEDT| By SamtaHighlights A fourth COVID-19 wave has hit Europe with full force. The fourth wave has affected Germany, along with regions of Saxony and Cologne, where almost 2/3rd of the German population is fully vaccinated against the deadly virus. .....
Australia-Germany ally to boost hydrogen projects
November 24, 2021 07:59 PM AEDT| By Sukriti NairHighlights Australia Germany commits to a hydrogen supply chain push. ARENA to take the lead as the new joint Hydrogen Innovation and Technology Incubator. Australia seeks an energy transition while Germany looks to satisfy energy demand.....
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