Atlassian continues to grow rapidly, with quarterly revenue up 34% on 12 months ago. Releasing its first quarter FY22 results today, Nasdaq-listed Australian tech company posted revenue of US$614 million, with quarterly subscription revenue up 57% year-on-year to US$435 million. But the company’s losses remain equally impressive, with a net loss of US$400.1 million for… Read more »
The Australian Competition and Consumer Commission (ACCC) wants to end Google’s reign as the default search engine for Australians, saying its dominance has likely “stifled innovation and reduced consumer choice”. The consumer watchdog released the interim report of its Digital Platform Services Inquiry on Thursday and has taken aim at Google for penning deals to ensure its Search… Read more »
Few of us who have survived the last year aren’t grateful for technology. Zoom, email, connected workplaces and solid internet connections at home have made it possible to work, shop, study and carry on our lives in a way that wouldn’t have been possible had the pandemic hit, say, 20 years earlier. But parts of… Read more »
Drone delivery company Wing recently celebrated 100,000 deliveries with an unusual burst of media fanfare. Australia is at the forefront of Wing’s plans, with the company’s two biggest trial sites running in Canberra and Logan in Queensland. Wing tells a simple story of barista coffee and roast chooks dropped on your driveway at a… Read more »
An ACCC inquiry into advertising technology (ad tech) has found significant competition concerns and potential harms to publishers, advertisers, businesses and consumers from Google’s dominance of the sector. More than 90% of ad impressions traded via the ad tech supply chain are estimated to have gone via at least one Google service in 2020. The… Read more »
The startup ecosystems in Australia’s two largest cities, Sydney and Melbourne, are worth a combined A$34.5 billion according to the latest edition of the Global Startup Ecosystem Report (GSER) 2021 by Startup Genome. Sydney was ranked 24th in the world, behind San Diego (21), Berlin (22) and Bangalore (23), and ahead of Hangzhou (25), Atlanta… Read more »
Things are not going to plan for quite a lot of Apple users who’ve installed iOS 15 on their iPhones. A bug in the software is giving plenty of users the “iPhone storage almost full” message regardless of how much storage space they have left. In some instances posted on Twitter, people have tens, if… Read more »
Over the past 25 years, the name “Google” has become synonymous with the idea of searching for anything online. In much the same way “to Hoover” means to use a vacuum cleaner, dictionaries have recognised “to Google” as meaning to undertake an online search using any available service. Former competitors such as AltaVista and AskJeeves… Read more »
Image and video sharing platform OnlyFans has reversed its controversial decision to ban sexually-explicit content, saying it has “suspended” the changes to its terms of use that would have taken effect on October 1. “Thank you to everyone for making your voices heard,” OnlyFans tweeted on Wednesday night. “We have secured assurances necessary to support our diverse… Read more »
The proliferation of child sexual abuse material on the internet is harrowing and sobering. Technology companies send tens of millions of reports per year of these images to the nonprofit National Center for Missing and Exploited Children. The way companies that provide cloud storage for your images usually detect child abuse material leaves you vulnerable… Read more »
Australian design giant Canva has been listed as the world’s third best private cloud company in the annual Forbes 2021 Cloud 100. Canva is climbed four places from 7th place in 2020, and is one of just three Australian companies to make the list, with fintech Airwallex at 58 and Culture Amp also featuring at… Read more »
Atlassian’s June quarter revenue is up 30% on 12 months ago to US$559.5 million (A$760m), but the losses continue for the 19-year-old software giant, which posted a US$213.1 million net loss for Q4 FY21. The revenue figure is a considerable beat on market expectations and the company’s own Q3 prediction of US$513m to $528m. The… Read more »
Just a few days after Salesforce agreed to pay US$27.7 billion for the workplace messaging app. That’s all.
Instagram’s parent company, Facebook will default set Instagram accounts for users under 16 to private, and restrict targeted advertising to them following an Australian expose that revealed how easy it was for marketers to show smoking, gambling, extreme weight loss, and alcohol advertising to underage users. The social media giant announced the changes in a… Read more »
Apple’s attempt to block Epic Games, the company behind the hit video game Fortnite, from suing it in Australia over anti-competitive behaviour has been overturned on appeal by the Federal Court. Epic has filed anti-competition complaints against Apple in the European Union, UK, US and Australia, complaining about a range of restrictive conditions on the… Read more »
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