The broker has also raised its revenue forecasts for electronic part data platform Octopart because of an expected jump in demand because of the prolonged shortage of semiconductor chips, and other industrial components. “Given the size of the prize is so large and is effectively a race with other industry heavyweights like Dassault Systèmes and Siemens, we figure Autodesk will likely be back with a revised bid at some stage,” says Bell Potter analyst, Chris Savage. “We feel like we’re on a spaceship, exploring a new frontier,” Tyler added in.Ĭommonwealth Bank chief executive Matt Comyn wasn’t quite talking in such an ethereal way as he announced on Wednesday that the country’s biggest bank would dip its toes into the crypto world by allowing customers to buy, sell and hold 10 cryptocurrencies from early next calendar year, including bitcoin, ethereum, bitcoin cash and litecoin.ġ.39PM – Bell Potter upgrades Altium, expects revised bid from Autodeskīroker Bell Potter has upgraded Altium to a “buy” recommendation because of the company’s appeal as a takeover target for Autodesk.Īnalysts said Altium’s PCB design software, Altium Designer, could be the key to enabling Autodesk’s Fusion 360 to become “the platform of choice for converged processes”. “We’re all astronauts building on the frontier of money and the frontier of art and the frontier of finance,” Cameron told the US magazine in April. Identical twins Cameron and Tyler Winklevoss might be best known for having their idea for a social network ripped off by Facebook founder Mark Zuckerberg.īut the pair, whose fortune was valued at $US6 billion ($8.1 billion) by Forbes this year, have remade themselves as cryptocurrency investors – and serious evangelists. “Telstra is committed to working with the Australian government to ensure a thriving and safe digital economy and society, including ensuring the Department of Defence and Australian Defence Force have access to world-leading technology.”Ģ.49PM – Crypto a small step for CBA, giant leap for banking “We are very pleased,” chief executive Andy Penn said.
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The ASX statement was light on details and the full scale of the contract is not published online yet, but Telstra said it would roll out better wireless coverage for Defence and introduce new 5G technology where applicable. The contract is worth more than $1 billion, Telstra told the Australian Securities Exchange on Wednesday, and includes options for extensions up to another three years. Telstra has further embedded its relationship with the government on key national security issues, signing a five-year contract extension to provide telecommunications services for the Defence Department a week after buying Digicel Pacific with taxpayer money to block a Chinese state takeover. 3.50PM – Telstra cosies up to Defence with $1b contract
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