ARTICLES OF INTEREST

Channel Life: Collaboration Tools Fastest Growing Apps Across Asia Pacific

Amazon Web Services was the fastest growing app across enterprises in the Asia Pacific, according to the Okta Businesses at Work report.

ARN: Aussie tech spend to hit $98B in 2021

Australia’s technology spending is set to bounce back to growth in 2021 after last year’s coronavirus-induced decline, rising by 4 per cent to $98 billion.

Techspective: Useful Technology That Can Improve Small Business Sales Operations

Sales are the lifeblood of every business. Even if all other business operations are smooth, if incoming sales are too low, performance in other areas won’t pay the bills.

Forbes: The Paradox of Marketing at Scale

The vast majority of CMOs today struggle to keep up with the pace of technological advancement in marketing and the incredible number of tools and technologies at their fingertips.

ZD Net: Amid cloud spending boom, Microsoft Azure, AWS gain IT spend.

The COVID-19 pandemic has accelerated spending on digital transformation and cloud and Microsoft and AWS are the big winners.

Forbes: 10 Tech Executives Share Marketing Trends And Predictions For 2021

What’s on the horizon for marketers this year? To find out, I sought insight from the following nine tech executives .

Martech Today: How to get the most out of your marketing automation investment

Are you getting the most value out of your marketing automation platform? Columnist Mary Wallace explains why you should be using it to nurture quality leads.

Forbes: Seven Essential ‘Do This, Not That’ Tips To Network Smarter, Not Harder

Business success depends on building and maintaining relationships — healthy, professional, mutually beneficial relationships.

China 'indefinitely' suspends key economic dialogue with Australia

According to a statement from a Chinese government commission, they accused Australia of setting a “Cold War” mindset.

Wine Business: Australian Wine CONNECTs with Global Wine Trade

The global wine trade can now connect with Australian wineries via a first-of-its-kind virtual marketplace – Australian Wine CONNECT.

Impossible Foods Signals Australia & New Zealand Market Entry Amid IPO Buzz

U.S. food tech giant Impossible Foods is now advertising for a new Australia and New Zealand Country Manager role on LinkedIn.

Yahoo Finance: Australia Data Center Market Size by Investments to Reach around USD 40 Billion by 2026 - Arizton

Australia data center market size is expected to grow at a CAGR of around 6% during the period 2020−2026.

ZDNET: Alibaba's cloud growth hits slowdown after loss of top customer

Chinese e-commerce giant said cloud computing revenues climbed 37% to $2.58 billion. Alibaba posted a rare operating loss in its March quarter following a 7.66 billion yuan fine levied by Chinese regulators related to the government’s anti-monopoly law.

Forbes: Jollibee To Buy Back $250 Million In Debt As Business Rebounds From Pandemic

The Philippines’ largest fast food chain, Jollibee Food Corp., which is controlled by billionaire Tony Tan Caktiong, plans to buy back $250 million of the dollar-denominated perpetual bonds that the company issued last year to fund its international acquisition spree.

ZDNet: India doles out permits for 5G trials but no Chinese networking tech will be used

India has given various domestic telcos, alongside certain network equipment vendors from around the world, approval to conduct six-month trials on 5G technology. Of note, however, is that none of the network equipment vendors in the trial will be from China.

ABC News: US Secretary of State says Australia won't face China's 'economic coercion' alone

Secretary of State Antony Blinken says the United States will not leave Australia alone in the face of economic coercion from China, and that such behaviour toward US allies will hamper improvement in US-Sino relations.

Entrepreneur: This Company Boosts The New Economy In China With Agile Marketing

Chinese e-commerce giant said cloud computing revenues climbed 37% to $2.58 billion. Alibaba posted a rare operating loss in its March quarter following a 7.66 billion yuan fine levied by Chinese regulators related to the government’s anti-monopoly law.

Forbes: Itaú’s New CEO Will Have To Compete With Upstart Fintechs To Remain Latin America’s Most Powerful Bank

The biggest financial services company in Brazil has welcomed the new CEO Milton Maluhy Filho, who took over from retiring Candido Bracher

ABC: ETFs attracting 'corona-generation' investors to share market, but they hold risks

One of the new wave of investors, Sharlie Raymond, is getting their start on the stock market by putting their money into exchange-traded funds (ETFs).

Forbes 2021 Next Billion-Dollar Startups List: Nominations Are Open

Forbes will shine a spotlight on the innovative and fast-growing startups that we believe have the best shot of becoming unicorns with the Next Billion-Dollar Startups list.

FORBES: Editor’s Sidelines, June 2021: Rising To The Top

This story appears in the June 30, 2021 issue of Forbes Asia. Subscribe to Forbes Asia

Entrepreneur: 3 Ways Customer Relationships Will Change Forever In Light Of COVID-19

COVID-19 has rocked the economy. The International Monetary Fund’s (IMF) World Economic Outlook predicts the cumulative loss to the world’s GDP from 2020 to 2021 will be approximately $9 trillion.

Forbes Announces The Second Installment Of 250 Entrepreneurs Featured On Its 2021 Next 1000 List

The Second Installment of The Next 1000 Spotlights 250 More Rising Entrepreneurs and Resilient Small Business Leaders Who Thrived During the Pandemic

Entrepreneur: Elon Musk's Starlink is Ready to Offer Satellite Internet for Commercial Flights

With each new initiative, Elon Musk proves that his limits are beyond the skies. Now he seeks to solve a big problem for travelers: using WiFi on the plane.

ABC News: EU approves 191.5 billion euros in recovery funds for Italy

The European Union’s executive Commission on Tuesday formally approved 191.5 billion euros ($228.5 billion) in pandemic recovery funds for Italy, the 27-nation bloc’s third-biggest economy.

FORBES: The Halfway Point: How Is Amazon Prime Day Performing For Retail Brands So Far?

Amazon told Marketplace that it is offering more deals this year than last year. Melissa Burdick, co-founder of ad tech company Pacvue, noted in an interview with Bloomberg that some of companies who’ve historically offered great deals on Prime Day are now seeing much greater competition.

Entrepreneur: This Company Aims To Merge Social Media With Investing

In the recent past, social media and investing have become more connected than ever before, and, as the Facebook of trading, NAGA offers just the right platform for social investing and trading.

ABC News: UAE's capital apparently offering COVID vaccines to tourists

The capital of the United Arab Emirates has apparently started offering free coronavirus vaccines to tourists flying into emirate, a move that could entice travelers and help revive the country’s struggling tourism industry

63 Businesses to Start for Under $10,000

You know you want to start something for yourself. You just need to funnel your ambition and time into an idea that’ll earn extra cash, make you proud and possibly lead to a full-time venture.

Singapore’s Suntec REIT To Buy London Office Building For $489 Million

Suntec REIT— which counts tycoon Gordon Tang among its biggest shareholders—has agreed to buy an office building in London for 353 million pounds ($489 million) as the Singapore-based office landlord moves to diversify its assets.

Australia-New Zealand travel bubble set to resume with some states

The New Zealand government has announced that the travel bubble with Australia will resume with South Australia, ACT, Tasmania and Victoria on July 5.

Kim Jong Un Says A Lapse In COVID Protocols Caused A 'Grave Incident'

North Korean leader Kim Jong Un has publicly railed at senior officials, saying their failure to implement policies required to fight the pandemic properly had caused a “grave incident.”

Revolut raises $800 million to become UK's most valuable fintech

Revolut has completed a massive $800 million funding round that values the loss-making business at $33 billion.

Apple partners Goldman Sachs for BNPL play - Bloomberg

Apple is working with Goldman Sachs to develop a buy now, pay later service that lets customers pay for their Apple Pay purchases in instalments, according to Bloomberg.

Embedded finance startup Weavr raises £7m

Weavr, a London-based startup that allows businesses to embed banking and payments into their mobile app or SaaS platforms, has closed a £7 million seed funding round.

Railsbank goes global with $70 million fund raise

UK banking-as-a-service outfit Railsbank has raised $70 million to promote its brand and products across the globe.

Credit Agricole CIB kickstarts quantum project

The corporate and investment banking arm of CIB has teamed up with Pasqaland and Multiverse to explore applications for quantum computing in finance.

Toshiba and Dharma Capital bid to bring quasi-quantum computing to HFT

Japanese tech giant Toshiba is joining forces with Dharma Capital to trial the use of quasi-quantum technology in financial trading.

Derek White swaps Google Cloud for Galileo

After less than a year as head of Google Cloud’s FS business, Derek White is joining SoFi-owned API and payments platform Galileo as CEO.

SoFi buys fintech API builder Galileo for $1.2bn

Online lender SoFi has agreed a $1.2 billion cash and stock deal to buy financial services API and payments platform Galileo Financial Technologies.

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