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BirdDog In Market For $13m Pre-IPO Hunt

Computer Daily News May 31, 2021 No Comments

Video technology company BirdDog Australia is set to float while drumming up support for a $12.75 million pre-IPO round. PAC Partners is running the show for the pre-float raising, and…

Andreessen Horowitz Backs Aussie Communications Startup

Computer Daily News May 31, 2021 No Comments

Twitter and Airbnb investor Andreessen Horowitz has made its first investment in Australia, buying into employee communication tech start-up Pyn. Pyn, which was started by Atlassian’s former head of people,…

Swoop Back On ASX

Computer Daily News May 31, 2021 No Comments

Telecommunications company Swoop has relisted on the ASX following a 15-fold oversubscribed $20 million capital raise. The fixed wireless and wholesale network infrastructure carrier chaired by Vocus founder James Spenceley…

ATO To Crack Down On Bogus Claims

Computer Daily News May 26, 2021 No Comments

The Australian Taxation Office is on the lookout for anyone trying to scam working-from-home expenses while also maintaining or increasing claims for things like car, travel or clothing expenses. The…

CBA Invests $30m To Help Little Birdie Fly

Computer Daily News May 26, 2021 No Comments

Commonwealth Bank has poured $30 million into a new online shopping start-up, Little Birdie, giving the company a $130 million valuation and handing it one of the nation’s largest ever…

Xero Shares Slide Despite Strong Year

Jake Nelson May 13, 2021 No Comments

Xero shares have tumbled more than 10 per cent at ASX opening despite continued revenue and subscriber growth. The New Zealand-based fintech company saw shares drop to $121.29 this morning,…

Pandemic Boom Over, Online Shopping On The Rise, Say Woolworths’ Sales Figures

Rose Daisley April 29, 2021 No Comments

Just like its competitor Coles, Woolworths has noted its supermarket shoppers now returning to normal shopping behaviours and buying patterns after last year’s pandemic panic buying, with further dips in…

Inflation For March Quarter Lower Than Expected

Rose Daisley April 28, 2021 No Comments

Inflation is lower than economists expected for the March quarter, with the headline figure rising to 1.1 per cent annually – that’s 0.6 per cent and a fair bit softer…

Card Chaos After Commonwealth Bank Outage

Jake Nelson April 26, 2021 No Comments

The Commonwealth Bank has been hit by an outage to NetBank and its app, which is also affecting credit and debit cards. Reports to DownDetector.com spiked at around 9am today,…

MYOB Moves Into Invoice Financing

Computer Daily News April 13, 2021 No Comments

Accounting software company MYOB is preparing to move into invoice financing, but says it is undeterred by the recent collapse of Anglo-Australian fintech Greensill Capital. MYOB CEO Greg Ellis says…