The breach was not the result of hacking, but of what the company has called a “misalignment of databases,” and which allowed customer data to be published online. The company has 18.8 million customers, which is equivalent to about three-quarters of the country’s population, and it has reported that 132,000 customers had their data exposed.
After several years of aggressive investment in the Australian tech market, top US venture capital firms have significantly scaled back investment which had surged during the pandemic. Cut Through Venture reports indicate that $638 million was raised by local startups this November in 44 deals, but found that number down from $1.3 billion the previous year.
Teleport, the logistics venture under Malaysia-based Capital A Berhad (formerly known as AirAsia Group Berhad), has raised new growth capital of $50 million from large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets.
BrightEdge reports that, despite huge growth, AI search engines still provide less than 1% of website referral traffic. You might think that’s a reason to ignore your ranking in AI search engines, but BrightEdge argues those rankings are still important because the main role of AI search is discovery, not referrals. Seems like a testable hypothesis. What we know for certain is that over-all traffic has dropped as users switch from traffic-generating traditional search to traffic-stifling AI search engines.