The Morrison Government has allocated funding of almost $20 million under its 5G Innovation Initiative, announced in the 2020-21 budget, a move it says is designed to accelerate the digital transformation of Australian businesses and create jobs. The funding will support 19 projects across several sectors of the economy, including…
Venture investor Jelix Ventures has completed the first close of a new fund for investment in startups, raising $15m from several high-profile investors. Jelix’s fund is structured as an Early Stage Venture Capital Limited Partnership (ESVCLP), which offers tax benefits to its investors. The company says it plans a further…
NZ telco Chorus has reported NPAT of $NZ47m on revenues of $NZ947m for the year to 30 June 21. EBIDTA was $NZ649m Net profit and revenue were down from $NZ52m and $NZ959m in in FY20. The company blamed the downturn on softer market conditions due to the ongoing effects of…
For years I had a Vodafone mobile service. For one reason only: the $5 per day international roaming charge. The best deal by far. About a year ago my usage patterns changed considerably. COVID-19 travel restrictions curtailed internal travel and I started doing more bushwalking. Once outside the city my…
The Industrial Internet Consortium (IIC) has changed its name to Industry IoT Consortium (also IIC), acquired a new logo and a new tagline: “Technology Innovation. Business Transformation.” The organisation’s stated mission is now “to bring transformative business value to organisations, industry, and society by accelerating the adoption of trustworthy IoT…