With the buy-now-pay-later sector in a nosedive pattern amid market saturation and unsustainable losses, operator Sezzle (ASX: SZL) has confirmed that it will be laying off 20% of its American workforce with the intention of saving $13 million in staff salaries to reduce their haemorrhaging losses. The decision, which Sezzle describes as a “difficult” one,
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The Australian skin care products market is forecast to reach over $300 million by 2025. That’s a lot of moisturiser… And plant based nutraceutical and skin care company Live Verdure (ASX: LV1) is keen to cash in. The Company’s hemp based “8 Seeds” skincare brand has had a face-lift with a reformulation for their multiple
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Sports and music fans in Sydney will soon be in for a treat with Accor Stadium having engaged tech company Plexure (ASX/NZX: PX1) for a dedicated app for the stadium’s loyalty program to be designed with a focus towards improved customer experiences at the iconic stadium. The engagement will leverage Plexure’s existing technology from their
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Sports data and analytics company Catapult Sports (ASX: CAT) is set to expand its relationship with Champion Data in a three-year deal to supply the Australian Football League (AFL) with performance analytics. After advancing their Vector SaaS technology with applications in NFL and soccer, Catapult is now increasing its service for Australia’s most popular sport.
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I’m not sure about you, but I’m getting a bit sick of living in a VERY interesting part of next century’s history textbooks. In recent weeks our newsfeeds have been swamped with horrifying images of the war in Ukraine which seems to be touching everyone in some way. Whilst the outpouring of support for those
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Mining tech company K2fly (ASX: K2F) is set to incur a substantial loss for the year, having uncovered suspicious payments totalling $745k in a case of suspected fraud committed by a former employee in their South Africa office. Investigations are ongoing but upon initial concerns in accounting discrepancies, K2fly engaged external auditors which have now
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In an IPO slated to list on 18 March 2022, Equity Story Group (proposed ASX code: EQS) is looking to raise $4.5 million to fund their expansion in the burgeoning share market education and investment advice space, coming up against industry stalwarts like Eureka Report, Switzer, Halo Technologies, and Motley Fool. Equity Story is differentiating
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The pharmaceutical industry is an incredibly competitive space with new drug discoveries cropping up all the time, giving hope that we may soon find resolutions to the complicated medical challenges of today. The competitive nature of the space means that whoever is first to market has a clear advantage. Clinical stage pharmaceutical company Pharmaxis (ASX:
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The range of creepy crawlies that find their way into Australian grain stores is broad enough to make you rethink your morning oats. I mean, no one likes the taste of flour beetles or weevils in their brekkie. Agricultural technology development company Bio-Gene Technology (ASX: BGT) agrees, and are working on solutions to common pests
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Like many developments in the world of engineering, there’s nothing particularly sexy about air compressors but as the world moves towards clean energy adoption, they are vital cogs in fuel cells, which is just one reason Sprintex (ASX: SIX) has been engaged to develop an innovative new design. The engagement comes from existing technology partner
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