Australia

Science & Technology

Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes

Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.

Science & Technology

Meta Considers News Blocking From Facebook in Australia

Meta is currently considering blocking news content on its Facebook digital platform in Australia.

Science & Technology

PsiQuantum to Build First Commercial Quantum Computer

PsiQuantum aims to build a utility-scale fault-tolerant quantum computer capable of error correction in Brisbane, Australia.

News

Westpac Announces Tech Upgrade

Australian bank Westpac has announced its intention to invest billions of dollars in simplifying its technology infrastructure over the next four years.

News

Australians Increasingly Use Crypto for Retirement Funds

A recent report shows a 400% growth of crypto assets share in “self-managed super funds” used by Australians as a means to secure their retirement life.

News

Paramount+ Launches Premium Internationally

The active emergence of new consumer coverage formats currently observed in the sphere of streaming, aimed at creating the most favorable conditions for interaction with virtual platforms for representatives of various groups from the point of view of financial well-being, prompted Paramount + to launch its premium tier on an international scale.

News

Australia Watchdog Fines X

The Australian watchdog for Internet security has fined the social network X, which has been owned by billionaire Elon Musk since October last year.

News

Mastercard Reports on Wrapped CBDC Solution Success

Mastercard has participated in the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre’s (DFCRC) central bank digital currency (CBDC) pilot project, showing positive results.

News

Australia Plans to Regulate Digital Payment Services

The Australian government has officially announced plans to introduce new legislation that will give the Reserve Bank of Australia the authority to carry out activities to regulate digital payment services, including providers of virtual wallets.

Blockchain & Crypto

Swyftx Earn and Learn Platform Pays Aussies for Crypto Education

Australian crypto exchange Swyftx is going to reward customers learning about crypto scams through a new “Earn and Learn” education platform

Fintech & Ecommerce

FinTech Startup Yeeld Partners With Airwallex to Accelerate Global Payments

Fintech startup Yeeld announced the beginning of cooperation with the financial company Airwallex in order to accelerate global payment operations and other transactions for customers.

Fintech & Ecommerce

Amazon’s Robot Workers to Manage Warehouse in Australia

The Australian branch of Amazon plans to move to the largest warehouse in this country.

Finance & Economics

Westpac Splits Consumer and Business Banking Unit

The combined Westpac business unit is going to be split into two, each with its own CEO

News

Australian Firm Facilitate Corp Sues Twitter

An Australian company that carries out project management activities has filed a lawsuit against Twitter in a US court.

News

Australia Threatens to Fine Twitter

The Australian cybersecurity regulator turned to Twitter, the current owner of which is billionaire Elon Musk, with a request to provide an explanation of the concept of this digital platform to combat the spread of materials that promote hate speech in the virtual space.

Blockchain & Crypto

Australian Bank Limits Transfers to Crypto Exchanges

Commonwealth Bank (CBA), the largest bank in Australia, would decline or put “certain payments to cryptocurrency exchanges” on a 24-hour hold, and limit crypto transfers