Technology news for Australia's largest enterprises
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Inland Revenue moves to help investors get tax rate right
Inland Revenue is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate.
Equinix puts US$77m into expanding data centres in Hong Kong
“Hong Kong is a key gateway to mainland China and home to many headquarters of global corporations. This generates substantial demand for secure data center services to support business expansion in the region."
Epson buys into AI company Cross Compass
It uses deep learning techniques to analyse data, provide AI consulting services and develops and provides algorithms and neural networks.
Infratil seeks clearance to acquire up to 50% stake in Vodafone NZ
The commission will give clearance to a proposed merger if they are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.
Quadric.io to build supercomputers for edge devices
Quadric's technology supposedly enables both high-performance computing and artificial intelligence in a single unified architecture.
How Kaseya aims to fuel IT management growth
'We remain focused on increasing investment in our products and customers."
NZ investment funds throw weight against social media giants
A consortium of NZ funds managing assets worth more than $90m are appealing against Facebook, Twitter, and Google following the Christchurch terror attacks.
Cisco lays out AU$61 million Australian investment plan
Cisco announced a plan to invest AU$61 million over the next three years to help drive Australia’s secure digital transformation.
Kao Data secures financial injection to expand operations
London wholesale colocation data centre services provider Kao Data has sealed a deal with a significant investment partner.
IBM invests in the next generation of AI
IBM plans to invest over US$2 billion to grow its high-tech footprint.
Healthy home tech startup gains investor interest
Initiatives related to the sustainability of our planet are gaining great traction - and for good reason.
Brother-sister duo build crypto investment platform
A brother and sister team is behind one of New Zealand’s newest cryptocurrency exchange platforms designed for everyday investors.
TIN Report hints at new chapter in NZ tech sector
The rising profitability reflects the wealth of experience, capital and scale the sector has built up; creating the foundations for widespread and stable growth”.
Interxion rolling out the big bucks to keep up with demand
The company has increased its 2018 CAPEX guide range to €425m-€450m to cater for several data centre expansions.
Expert says data centres are investments with almost guaranteed profits
Data centres offer long-term contracts and recurring revenues like conventional property, but they come with the added bonus of rapid growth prospects.
$38m later and KiwiNet is still going strong with new appointments
Since 2011 KiwiNet has been investing into new ideas and innovations in New Zealand with the aim to facilitate commercial success.
Kiwis' scam losses hit $18.6m, eclipsing last year's figures
This year Kiwis have lost a staggering $18.6 million to scams, compared to $10.1 million for over the entirety of last year.
Australian SaaS players draw in US investors
US-based investors are paying close attention to the accelerated growth in the Australian tech sector.
Trade Me rakes in 'record' 6.6% annual growth rate
Trade Me is celebrating another year of what it is calling ‘record revenue and profit’ for FY18, with increases up in all areas of the business.
Western Digital invests in Excelero to drive data center innovation
This investment represents the fourth strategic investment Excelero has received since its inception, bringing the total funds invested to US$35m.
PledgeMe raises $500,000 in just four days - so what are its plans?
“If our goal is to make equity crowdfunding equitable, we need to focus on companies and their founders, and also the wider investor community."
LaunchVic Australia seeks next generation of local & international angels
The Australian state of Victoria is on a serious mission to find its next generation of startup angel and venture capital investors.
Aotearoa Social Enterprise Forum coming to Wellington
The Ākina Foundation is gearing up for this year’s Aotearoa Social Enterprise Forum, which is being held at Wellington Zoo in October.
Investment scams a 'heartbreaking' reality as Australians lose millions
So far in 2018 Australians have lost more than $26 million to investment scams. Already monthly losses have increased 117% since last year.