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Digital bank Umba raises $15M, plans to expand into three new African markets

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked. We’ve covered a […]

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Take-Two completes $12.7B acquisition of mobile games giant Zynga

Take-Two has completed its $12.7 billion acquisition of mobile games giant Zynga, the company announced on Monday. Under the terms of the merger agreement, Zynga shareholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock. The deal, which was first announced in January, will bring Zynga’s popular […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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NFT kingpin OpenSea lands monster $13.3B valuation in new raise

The NFT auction marketplace OpenSea had a blockbuster 2021 and as a result is seeing its private valuation grow more quickly than almost any other startup. The crypto firm announced late Tuesday that it closed a $300 million Series C round led by Paradigm and Coatue. The raise valued the startup at a massive $13.3 […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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48 hours left to save up to $1,300 on Disrupt passes

Frugal founders and savvy shoppers take heed. TechCrunch Disrupt, which takes place in person on October 18–20 — and online October 21 — can be a serious boon to your business. But our early-bird pricing disappears in a cloud of ruffled feathers on Friday, July 29 at 11:59 p.m. PT. You have just 48 hours […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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24 hours left to save $1,300 on early-bird passes to Disrupt

We’re T-minus 24 hours until the TechCrunch Disrupt early bird flies south and takes up to $1,300 in savings with it. If you’re serious about realizing your startup dreams, you need to be kind to your bottom line. Disrupt is packed with many long-tail opportunities, but this one ends in just 24 hours. Buy your […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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Yahoo will lay off 20% of staff, or 1600 people

Yahoo is laying off 20% of its staff, impacting 1,600 employees in its ad tech business. Yahoo is the parent company to TechCrunch. Employees were notified on Thursday that 12% of the company (1,000 employees) would be laid off before the end of the day. In six months, another 8% — or 600 people — […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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Kaszek Ventures leads a $15 million round in Chilean asset management startup, Fintual

Like other financial sectors in Latin America, the retail investing space is getting a facelift by local tech startups that are cashing in on the untapped potential for democratizing asset management in the region. One of those startups is Chilean-based Fintual, which today announced a $15 million round led by Kaszek Ventures, the largest fund […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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SumUp’s valuation falls as low as $4.1B, as Groupon and others sell off their stakes

Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. But it’s not the only one facing the music in fintech. Shares in SumUp, a privately-held European payment technology business that focuses on point-of-sale transactions, are currently being sold in inside sales […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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Australian privatisations to headline global power deals in 2015 - 30 Jan

The sale of New South Wales' and Queensland's utility assets will be among the most eagerly anticipated power deals globally in 2015, according to a PwC report released today.




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The World in 2050 - 11 Feb

Australia must focus on transitioning out of the mining economy or face falling out of the G20.




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Australia Must Get to Grips with Asian Century - 12 Feb

If we continue to ignore the rising economic success of our Asian neighbours we will lose our place as a G20 economy by 2030.




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Australian National Committee for UN Women welcomes partnership with PwC Australia - 17 Feb

PwC Australia is delighted to announce a partnership with The Australian National Committee for UN Women in a joint effort to promote gender equality.




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Call for renewed government focus on achieving fiscal balance and sustainably cutting the costs of doing business - 17 Feb

Governments must apply renewed focus to achieve fiscal balance and sustainably reduce the cost of delivery.




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PwC Grows its Social Infrastructure Capability with Appian Group Acquisition - 1 Apr

PwC has acquired infrastructure advisory firm Appian Group, bolstering the firm’s focus on health and social infrastructure, PwC Managing Partner, Deals Sean Gregory announced today.




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Gender Gap Must narrow with Overseas Postings - 1 Apr

The workplace gender gap is at its widest among the expat community with only one in four Australian females currently working overseas, PwC People Business Partner Jonathan Dunlea said today while launching a new report.




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PwC brings in the experts to help drive Diversity efforts - 14 Apr

PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people.




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Japanese corporations must look to ASEAN for growth - 21 Apr

The key to Japan's economic future lies in growing it's engagement with the countries on its doorstep, according to a PwC report released today.




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Federal Budget 2015: More Carrot less Stick - 6 May

Early reports of what is in next Tuesday’s Federal Budget indicate “more carrot and less stick” to help lift productivity and tighten the fiscal gap.




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The Pragmatic Budget - 13 May

Driving workforce participation, support for small businesses and much needed investment in infrastructure make this a pragmatic budget.




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Global Mine 2015: gloves come off as top 40 prepare for brawl - 5 Jun

The global mining industry's fight for value and free cash flow has descended into a brawl, after 2014 saw the world's 40 largest miners ramp up production, slash capital spending, and rein in costs.




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By 2017 Most Aussie Deals Covered by Free Trade Agreements - 15 Jun

The Abbott Government's tough negotiations in an effort to seal an Indian Free Trade Agreement (FTA) next year should see 70 per cent of Australia's two-way trade covered by a free trade agreement.




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Australian entertainment and media industry must 'have a go' to grow - 15 Jun

Australian entertainment and media market is forecast to grow to $43.4 billion by 2019, a compound annual growth rate of 4.2 percent.




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SA Budget: A Bold Move - 19 Jun

The South Australian Budget focus on tax cuts is a welcome move by the Weatherill Government to reduce costs to business and grow the economy.




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PwC backs Australia’s best young STEM innovators with $20,000 seed funding - 1 Jul

Two young Australian innovators are ready to take their ventures to the next level after sharing in $20,000 in seed funding from PwC during a live pitching event held by the Foundation for Young Australians.




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Managing Partner Tom Seymour's remarks at PwC Tax Reform Forum in Melbourne - 15 Jul

At PwC we have put significant effort into generating a national conversation about Australia's tax system and the need to improve it.




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PwC Australia announces FY15 full year results - 28 Jul

PwC Australia today announced its full year results to 30 June 2015 with revenue growth of 10.1% to $1.73b, supported by another year of strong profit growth.




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PwC Legal continues to grow - 11 Aug

PwC Australia welcomes Murray Deakin as a Partner in PwC Australia’s Tax & Legal Practice to drive further growth in their legal team.




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Small Business can unlock big growth with the internet: PwC & Google report - 17 Aug

Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.




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Cyber threats keeping Australian insurers up at night - 31 Aug

Cyber risk, political interference, and macro-economic volatility rank among the top sources of anxiety for Australian insurers, according to a joint PwC and Centre for Financial Innovation (CSFI) report released today.




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Plan to save the sight of 32,000 Indigenous Australians will generate millions - 1 Sep

The eyesight of more than 32,000 Aboriginal and Torres Strait Islander people would be saved if the Government invested just $227 million over 10 years, a new report has found.




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Asia Region Funds Passport reaches critical mass with Japanese sign-up - 14 Sep

PwC’s asset management leader, Ken Woo, said Japan’s commitment to creating a regional market for managed funds represents a ‘tipping point’ in terms of momentum for the initiative.




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Australian corporates keen on JVs in China, but barriers remain - 21 Sep

A new PwC survey has found that 70 per cent of major Australian companies are planning to enter new joint ventures or strategic alliances to drive growth from the Chinese market.




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PwC FY15 global revenues increase 10% to US$ 35.4 billion - 6 Oct

The PwC network reported total global gross revenues of US$35.4 billion for the fiscal year ended on 30 June 2015.




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Australia making progress on carbon, but more work to do - 12 Oct

Australia will need to nearly double its historic rate of decarbonisation, if it is to meet its goal of a 26 percent decrease in carbon emissions.




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Obesity to affect one-third of Australians and cost $88b by 2025 - 14 Oct

The economic impact of obesity will reach $87.7 billion and affect one-third of Australians by 2025 based on current trends and without further intervention.




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Australia and its Allies Do More With Less - 15 Oct

As global challenges increase, Australia’s defence budget is growing, while the US and most other allies have been decreasing their defence resources.




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Australia Tops Asian Region for Cyber Security Risks: Report - 21 Oct

The number of detected cyber security incidents in Australia was the highest worldwide in the last 12 months with an increase of 109 percent, compared to a 38.5 percent increase globally.




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PwC named a 2015 Employer of Choice for Gender Equality - 6 Nov

PwC Australia is pleased to announce it was selected by The Workplace Gender Equality Agency WGEA as one of 90 organisations in Australia as an Employer of Choice in 2015.




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Aussie Mine 2015 Going for Gold - 10 Nov

In Aussie Mine - Going for Gold, we find that companies holding quality gold assets were the shining lights of 2015 with revenues up by 11% and share of mid-tier revenues growing by 5%.




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Home and away, Australian CEOs bearish on growth - 16 Nov

Australian CEOs are less confident about domestic growth than their regional peers, and less certain of their ability to capture a return in Asia Pacific markets.




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Tax Reform key in low growth economy - 17 Nov

Major tax reform is the most sensible lever to pull to combat a projected $48 billion in lost revenue in our new low growth economy.




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STEM Skills Key to Leveraging Young Workers - 17 Nov

Australia has slipped four places to 17th in OECD rankings for employment of under 25-year-olds with a focus on STEM skills.




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Violence against women costing Australia $21.7 billion a year - 23 Nov

Violence against women and their children is costing Australia $21.7 billion each year, with Governments carrying more than a third of the cost burden; as shown in the report A high price to pay: the economic case for preventing violence against women.




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Fighting $40bn food fraud to protect food supply - 18 Jan

PwC has joined forces with leading not-for-profit food safety agency SSAFE to develop a new industry tool to help fight food fraud and protect consumers.




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PwC invests in the tech talent of tomorrow - 01 Feb

Twenty tech entrepreneurs have been chosen for a new accelerator program run by PwC and backed by some of Australia's largest corporates that aims to rapidly scale Australia's most promising science, technology, engineering and maths (STEM) education initiatives.




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PwC Australia appoints Luke Sayers as CEO through to 2020 - 15 Feb

Chairman of the Board of Partners of PwC Australia, Michael Happell, has announced that Luke Sayers will continue as Chief Executive Officer of the Australian firm for a further four years.




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Plebiscite could cost Australian economy $525 million - 14 Mar

A standalone plebiscite with a compulsory vote on marriage equality could cost the Australian economy $525 million according to modelling released by PwC Australia today.




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Banks brace for Fintech fight - 15 Mar

The overwhelming majority of global banks and traditional financial services firms believe part of their business is at risk of being lost to standalone Fintech challengers, according to a PwC report released today.




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Time for Australian oil and gas players to think bigger - 11 Apr

Australian oil and gas companies will need to think bigger and embrace customers in Asia, rapidly evolve their business models, and become much more responsive to emerging trends, if they are to thrive in a challenging new global marketplace.




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Boomer businesses blocking next gen's digital ambitions - 12 Apr

Australia's next generation of family business leaders is more confident and better prepared for senior roles than two years ago, but is also experiencing more challenges, both inside the firm and in the wider business landscape.