Hello all, here’s what you need to know in Australian tech today.
1. The internet is still the Wild West. Fantasy sports gamers were reminded of this overnight as employees of a popular US fantasy league were accused of insider trading. Employees of fantasy website DraftKings may have made up to $US6 million by using privileged information to play on other websites. Even though billions of dollars course through these kinds of websites every year, they are still largely unregulated.
2. The TPP won’t affect Australian copyright laws. There had been some concern that US copyright and intellectual property laws would be exported to TPP signatories, including Australia. While we haven’t seen the final version of the agreement, the copyright and IP provisions appear to have been left off. Chris Pash has more.
3. Australian businesses can now have a ‘verified’ Facebook page.The social networking giant has rolled out its authentication program and grey tick in Australia. Doing it is easy, a few tweaks of settings, a request to verify the page and Facebook then checks you’re legit. The details on how to sign up are here. here.
4. Graphic design startup Canva has $21 million and Tinseltown backing. The company just finished a US series A funding round with Hollywood stars Woody Harrelson and Owen Wilson tipping in the cash, alongside existing backers such as Blackbird Ventures and Matrix Partners. Now they plan to take on the world says co-founder Melanie Perkins. Read all about it here.
5. Here’s how mobile internet has stormed Australia. The Australian Bureau of Statistics has released an interactive chart to show how the types of internet connections have changed over time. In just nine years, dial-up has gone from king of the jungle to nearly extinct. Now mobile and fixed wireless make up nearly half the market. Watch how we’ve transformed online here.