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Tag Archives: australian

Israeli publication CTech retracts claim of Apple notifying Intel about not using its 5G chips, and Intel says the "5G modem part of the story is…

Jeremy Horwitz / VentureBeat : Israeli publication CTech retracts claim of Apple notifying Intel about not using its 5G chips, and Intel says the “5G modem part of the story is inaccurate”   —  Following yesterday's report from Israeli publication CTech that Apple has decided not to use an Intel 5G modem called …

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Sonos files for an IPO, with plans to raise $100M, and reports a net loss of $14.2M on revenue of $992.5M in the year ending September 30, 2017 (Chaim…

Chaim Gartenberg / The Verge : Sonos files for an IPO, with plans to raise $100M, and reports a net loss of $14.2M on revenue of $992.5M in the year ending September 30, 2017   —  The popular speaker company has announced plans for an IPO  —  Sonos officially filed for an initial public offering today …

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Sonos files for an IPO, with plans to raise $100M, and reports a net loss of $14.2M on revenue of $992.5M in the year ending September 30, 2017 (Tomi…

Tomi Kilgore / MarketWatch : Sonos files for an IPO, with plans to raise $100M, and reports a net loss of $14.2M on revenue of $992.5M in the year ending September 30, 2017   —  Sonos Inc., the smart home sound system company, filed Friday to go public.  The company has applied to be listed on the Nasdaq Global Select Market under the ticker symbol “SONO.”

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Samsung forecasts ~$13.2B operating profit in Q2, up 5% YoY but breaking streak of quarterly records, amid reports of weak Galaxy S9 sales (Timothy W….

Timothy W. Martin / Wall Street Journal : Samsung forecasts ~$13.2B operating profit in Q2, up 5% YoY but breaking streak of quarterly records, amid reports of weak Galaxy S9 sales   —  Company expects operating profit of 14.8 trillion South Korean won; end of record-earnings streak  —  SEOUL—Samsung Electronics estimates …

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Sources: Apple has notified Intel that it will not use the chipmaker’s 5G wireless chips in its 2020 mobile devices (Yoav Stoler/CTECH)

Yoav Stoler / CTECH : Sources: Apple has notified Intel that it will not use the chipmaker's 5G wireless chips in its 2020 mobile devices   —  Apple has notified Intel it will not use a mobile modem developed by the chipmaker in its next-generation mobile device  —  Intel will not provide 5G modems …

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Sources: Apple has notified Intel that it will not use the chipmaker’s Wi-Fi and Bluetooth component in its 2020 mobile devices (Yoav Stoler/CTECH)

Yoav Stoler / CTECH : Sources: Apple has notified Intel that it will not use the chipmaker's Wi-Fi and Bluetooth component in its 2020 mobile devices   —  Apple has notified Intel it will not use a mobile modem developed by the chipmaker in its next-generation mobile device  —  Intel will not provide 5G modems …

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Airwallex raises $80M for its international payment service for businesses

Airwallex , a three-year-old fintech startup focused on international payments for SMEs and businesses, is putting itself on the map after it raised an $80 million Series B round. Based of out of Melbourne, but with six offices in Asia and other parts of the world, Airwallex’s new funding round is the second largest financing deal for an Australian startup in history. The round was led by existing investors Tencent, the $500 billion Chinese internet giant, and Sequoia China. Other participants included China’s Hillhouse, Horizons Ventures — the fund from Hong Kong’s richest man Li Ka-Shing — Indonesia-based Central Capital Ventura (BCA) and Australia’s Square Peg, a firm from Paul Bassat who took recruitment firm Seek to IPO and is one of Australia’s highest-profile founders. The financing takes Airwallex to $102 million raised. Tencent led a $13 million Series A in May 2017, while Square Peg added $6 million more via a Series A+  in December. Mastercard is also a backer; the finance giant uses Airwallex to handle its “Send” product  while Tencent uses the service to power an overseas remittance service for its WeChat app. Airwallex handles cross-border transactions for companies that do business in multiple countries using international currencies. So it’s not unlike a Transferwise-style service for SMEs that lack the capital to develop a sophisticated (and expensive) international banking system of their own. The service uses wholesale FX rates to route overseas payments back to a client’s domestic bank and is capable of processing “thousands of transactions per second,” according to the company. A use case example might include helping a China-based seller return money earned in the U.S.

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Chirp brings Twitter to Apple Watch

Twitter’s history of being a bit unfriendly to developers building third-party clients hasn’t frightened off Will Bishop. The young Australian developer recently released a version of Twitter for Apple Watch called Chirp , in order to fill the void created by Twitter pulling its official app last fall . (Let’s see how long it will last, shall we?) Bishop says he was already interested in building for Apple Watch before Chirp, having previously developed a micro version of Reddit called Nano. Afterwards, he heard from a lot of people asking for a Twitter watch app, he says. “Seeing as so many people were disappointed when Twitter pulled their official app, it only made sense to at least try,” Bishop says of building Chirp. “A lot of people think using your watch for more than 30 seconds is ridiculous, but I figure if people want to use it, let them.” The Apple Watch hasn’t served to become a sizable new app platform for developers, and actually saw a number of bigger names pull their dedicated Watch apps last year besides just Twitter, like  Amazon, Google Maps, Instagram, Slack, TripAdvisor, eBay, and others. Instead, users tend to interact with their Watch through notifications – not by launching apps directly and tapping the tiny screen. It just doesn’t make that much sense for anything more than a quick reply, as your iPhone is likely nearby and does a better job. But Chirp could fill the role of needing to quickly reply to Twitter notifications, like @mentions or DMs. The app lets you interact with Twitter from the Apple Watch’s interface, including browsing your timeline, catching up on trends, viewing people’s individual profiles, and favoriting and replying to tweets, and more. In an updated released over the weekend, the app now also adds support for reading and replying to Direct Messages and using Twitter Lists. These features are available via Chirp’s paid tier, Chirp Pro, which is a pay-what-you-want upgrade starting at $1.99 and going up to $4.99 USD. In addition to DMs and Lists, Chirp Pro lets you post and reply to tweets, search for users and tweets, and view more than five trends. In other words, if you want to actually use Twitter not just view it from your wrist, you’ll want Chirp Pro

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Many Microsoft Azure services in northern Europe have been down for hours; Microsoft says it has identified the cause and is working to mitigate…

Chris Williams / The Register : Many Microsoft Azure services in northern Europe have been down for hours; Microsoft says it has identified the cause and is working to mitigate   —  We're three hours and counting into outage  —  Microsoft Azure has tumbled over in northern Europe, and services have effectively stayed …

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Sources: AT&T in talks to acquire AppNexus, which operates one of the largest independent ad exchanges; source says AppNexus won’t sell for less than…

Alex Heath / Cheddar : Sources: AT&T in talks to acquire AppNexus, which operates one of the largest independent ad exchanges; source says AppNexus won't sell for less than $2B   —  AT&T is in talks to acquire the advertising company AppNexus, Cheddar has learned.  —  Privately-held AppNexus operates …

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Symantec: a hacking campaign launched from China, with the likely intention of espionage, breached satellite and defense companies in the US and…

Joseph Menn / Reuters : Symantec: a hacking campaign launched from China, with the likely intention of espionage, breached satellite and defense companies in the US and Southeast Asia   —  SAN FRANCISCO (Reuters) - A sophisticated hacking campaign launched from computers in China burrowed deeply into satellite operators …

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