Coke and Starbucks just suspended their Facebook ads. Here’s why.
Starbucks and Coca Cola are the latest brands to pull or pause their advertising spend with Facebook, in a bid to protest hate speech on the platform.
Amazon to shell out $1.45 billion for Aussie-founded self-driving car startup Zoox
Amazon is reportedly set to acquire Aussie-founded self-driving car startup Zoox for more than US$1 billion, following rumours earlier this month.
TikTok for Business launches in Australia, as Instagram expands its e-commerce tool
Viral video platform TikTok is launching a new TikTok for Business feature, helping businesses engage with prospective millennial and Gen-Z consumers.
“If we can help, we should”: How this startup raised $200,000 to pay the power bills of struggling hospitality businesses
Powershop customers came together to pay the bills of Victorian hospitality businesses still reeling from COVID-19 and ongoing restrictions.
Albanese calls for rollback of R&D reforms, as senate enquiry re-opens
Labor leader Anthony Albanese has called for a bolstering of the R&D tax incentive scheme, as an enquiry into potential changes re-opens.
“Immediate threat”: COVID-19 could reverse progress for women in STEM
Women in STEM in Australia are being disproportionately affected by COVID-19 job losses. And we risk reversing hard-won gains in the fight for diversity.
Canva raises $87 million, and hits $8.7 billion valuation, amid COVID-19 boost
Aussie unicorn Canva has raised $87.3 million and almost doubled its valuation, as COVID-19 boosts activity on the design platform by 50%.
Startup helping place international students secures $12 million, as COVID-19 presents an unexpected opportunity
Adventus has raised $12 million in seed and Series A funding, as it grows its SaaS platform helping international students find a spot at university.
“I’m literally stunned”: Startup accuses Apple of “mafioso” behaviour after App Store rejection dispute
US startup Basecamp has found itself in an epic David vs Goliath battle with Apple, with its co-founder accusing the tech giant of a “shakedown”.
“Era of innovation”: Square Peg surpasses $1 billion in funding assets as Paul Bassat predicts post-pandemic tech boom
Aussie VC stalwart Square Peg has raised $350 million ahead of closing its fourth fund, nudging its assets under management over the $1 billion mark.
Aussie cybersecurity startup Kasada raises $14 million amid COVID-19 online crime spike
Aussie cybersecurity startup Kasada has raised US$10 million ($14.4 million) in Series B funding to fuel further global expansion, as COVID-19 causes a spike in online crime.
“A sad day”: QUT closes its Creative Enterprise program, as COVID-19 puts pressure on university sector
Queensland University of Technology is winding down its Creative Enterprise Australia program after 12 years, as COVID-19 hits the university sector.
