No Images? Click here Dear , Rupert Murdoch must be having a good snigger. Competition watchdog the ACCC has revealed plans – and a world first – to investigate the anti-competitive practices of the dominant global new media companies such as Google and Facebook and the impact they are having on (get this) Australian culture (how about on us long suffering niche media operators trying to bring a bit of local flavour to the globalised whitewash that has resulted?). We can answer some questions for them right now. Do they have excess bargaining power? – Yes no doubt; Are algorithms adversely affecting presentation of news? Yep for sure (Brad and Jen are definitely back on); Do consumers understand how their data is being sold for profit? Hell no; Will any of the above make them change one little bit? Nope. Sorry Rupert. In other news:
Accounting packages are an ideal solution for small businesses which need low overheads and simple administration. But when those businesses grow into multinational concerns, like Wi-Fi provider GX2 did, they soon hit software limitations. Find out how this innovative technology services provider gave its business a boost with a move to MYOB’s Advanced – the cloud ERP system for mid-sized companies. Register now for the upcoming Lunch Box “CFO Imperatives for 2018” – with a panel of senior chartered accountants this will be the cheapest advice you’re likely to receive over the coming financial year. Enjoy the read. Hayden McCall Is Facebook and Google’s free ride over? ACCC prepares to get toughAustralia’s competition watchdog is taking a long hard look at how digital platforms - and the companies that dominate them - are affecting society... The ACCC is gearing up for a confrontation with digital platform giants such as Facebook, Google and Apple with a new probe into the affect the technology giants are having on Australian culture. “Like it or not, Google and Facebook will hand over its data” How not to suck at digital transformationWhy do the best laid digital plans of so many companies go awry? Research company McKinsey offers its two cents... We live in a world where seemingly every company is desperately trying to reinvent itself – but few are succeeding. “Wake up call to CEOs” Solid financial results, record online subscriber growth for MYOBEnterprise solutions make growing contribution to software vendor’s success... Things are looking good for MYOB as it continues to grow its cloud footprint and extend its leadership in the mid-market ERP space. “We are seeing more and more accountants and SMEs embrace their digital future and migrate online” World FinTech Report: Big or small, collaborate or perishWhile fintechs and legacy players battle over customers, they might just be missing the real opportunity: cooperation... Competition, customer-centricity and a new commitment to cooperation are the keys to success according to a new report looking at how emerging fintechs and traditional financial firms can thrive in the modern age. “Most are likely to fail if they do not build an effective partnership ecosystem” New ‘ERP’ slices into tough SME marketQueensland software startup Kradle hopes its blades will carve out a niche… And if you thought ‘shucks, must be hard to gain traction in a market that well traded’, the company’s boss Michael Haddon tells iStart he’s getting over 1,000 enquiries per day. “It comes from our own experience in finding a decent solution to manage a small company” Wi-Fi service gets speed boost with AdvancedHigh speed success GX2 Technology is regarded as one of the industry’s ongoing success stories… GX2 Technology is an IT services company designing, developing, implementing and maintaining Wi-Fi networks for hotels and backpacker resorts and conference centres. “With the new system we don’t have to worry about multiple currencies anymore. It’s no longer a big deal” This week's sponsor: Upcoming events: > APAC Blockchain conference 2018 | Mar 13-15 | Melbourne iStart is proudly supported by these leading Australian software providers: Latest Buyer's Guides ERP Buyer's Guide | CRM Buyer's Guide | HR/HCM Buyer's Guide | BI & Analytics Buyer's Guide Privacy statement: We have sent this weekly eNewsletter to you at your e-mail address: [email address suppressed]. iStart will never share your e-mail address, but you may from time to time receive other event invitations or partner communications from us. You can opt out of these by managing your subscription preferences, where you can also update your e-mail address and other details. Find out more about iStart | Advertise with iStart | Subscribe
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