On Dec. 9, the Federal Trade Commission and nearly every state filed bipartisan lawsuits accusing Facebook of acting anticompetitively. Less than a week later, European policymakers introduced a competition law […]
Australia
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Back to news homeCross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B
Airwallex, the fintech company for cross-border businesses, announced today it has added $100 million more to its Series D round, bumping its valuation up to $2.6 billion. The extension was […]
Facebook’s New Look in Australia: News and Hospitals Out, Aliens Still In
SYDNEY, Australia — A digitally savvy nation woke up Thursday to a shock on Facebook: The news was gone.The social media giant had decided to block journalism in Australia rather […]
Google Is Suddenly Paying for News in Australia. What About Everywhere Else?
Josh Frydenberg, who as federal treasurer would have enormous discretion over the new legislation, has media ties of his own. In 2016, he was the best man at the wedding […]
An Australia With No Google? The Bitter Fight Behind a Drastic Threat
SYDNEY, Australia — In a major escalation, Google threatened on Friday to make its search engine unavailable in Australia if the government approved legislation that would force tech companies to […]
Singapore-based Volopay raises $2.1 million seed round to build a “financial control center” for businesses
Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder Justin Mateen, […]
Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital
Zipmex, a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets […]
Watching Earth Burn
I have a pastime, one that used to give me considerable pleasure, but lately it has morphed into a source of anxiety, even horror: earth-watching.Let me explain.The earth from space […]
Sailors Stranded for Months as China Refuses to Let Ships Unload Australian Coal
The Jag Anand is owned by an Indian company, Great Eastern Shipping. While Great Eastern Shipping employed the crew, it says it cannot unilaterally let the ship leave because the […]