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'It's awful': Tyro scrambles to fix outages, hits back at short seller claims

'It's awful': Tyro scrambles to fix outages, hits back at short seller claims

ASX listed payments technology company Tyro has hit back at 'false' short seller claims about its technical problems as it continues to scramble to fix outages which have continued for two weeks.  

  • by Cara Waters

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Pot stocks riding high on Biden optimism

Pot stocks riding high on Biden optimism

Research-focused cannabis stocks are hoping a new US president will expand their market opportunities.

  • by Emma Koehn
ACCC considers legal action after Google completes $2.7 billion Fitbit deal

ACCC considers legal action after Google completes $2.7 billion Fitbit deal

Australia's competition watchdog is continuing its investigation into Google's acquisition of fitness tracking pioneer Fitbit despite the sale completing on Friday.

  • by Cara Waters
Australia's 'most unreliable fintech': Tyro targeted by short seller as outage continues

Australia's 'most unreliable fintech': Tyro targeted by short seller as outage continues

Beleaguered payments technology company Tyro is being targeted by short seller Viceroy Research which claims Tyro's technology problems laid bare in an 11 day long outage are worse than reported.

  • by Cara Waters
ASX market darling Pro Medicus surges on breakthrough US contract

ASX market darling Pro Medicus surges on breakthrough US contract

The $3.7 billion medical technology operator is inking big contracts as the pandemic rages in North America.

  • by Emma Koehn
'Woefully inadequate': Tyro faces legal proceedings as outage problems grow

'Woefully inadequate': Tyro faces legal proceedings as outage problems grow

In an update to the Australian Securities Exchange on Wednesday Tyro reported the outages had impacted 30 per cent of its customers.

  • by Cara Waters
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Xinja investors told shares worth 'close to, or actually, zero'

Xinja investors told shares worth 'close to, or actually, zero'

Xinja shareholders are bracing for the worst after being told their shares could be worth nothing.

  • by Charlotte Grieve
'What they did was justified': Amazon's local customers back move to boot Parler

'What they did was justified': Amazon's local customers back move to boot Parler

Australian customers of web hosting giant Amazon have backed its decision to kick controversial social networking platform Parler off its servers.

  • by Cara Waters
Embattled payments provider Tyro defends outage response

Embattled payments provider Tyro defends outage response

Embattled payments technology company Tyro has defended its response to week long outages after its terminals were 'bricked' leaving businesses unable to process payments.

  • by Cara Waters
Mesoblast holds out hope for heart failure drug

Mesoblast holds out hope for heart failure drug

Shares in the stem cell treatment developer regained some ground after a horror end to 2020.

  • by Emma Koehn
'All Australians will benefit': Prepare for a research boom in 2021

'All Australians will benefit': Prepare for a research boom in 2021

The pandemic and new policies have created the perfect storm for ASX-listed companies that collectively spend more than a billion dollars a year on research.

  • by Emma Koehn