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10 things you need to know this morning in Australia

Tuesday 11 February 2020

Business Outsider

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The growth of rideshare services like Uber and Ola has slumped in NSW, with some punters believing they have little advantage over taxis

A 'natural balance point' may have been in the local transport market, as rideshare growth slumps to its lowest on record. Rideshare comapanies like Uber, Ola, and DiDi only grew by 3% in New South Wales last year, according to the Independent Pricing and Regulatory Tribunal, compared to 12% the year prior.
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Homebuyers are stampeding back into the Australian property market, leading to what could be 'the fastest market recovery on record'

If national prices continue on their current trajectory, 2020 will see the fastest market recovery in Australian history, according to property research group CoreLogic.
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Google Maps turns 15 this month, and it started in Australia. Here are 5 tech innovations with Aussie roots.

In 2003, Danish-born brothers Jens and Lars Rasmussen cofounded a mapping company called Where 2 Technologies, which was later purchased by Google. The company went to Google with an idea for a scrollable and zoomable mapping system, which evolved into Google Maps.
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Swedish buy now, pay later company Klarna has announced Appliances Online as its first Australian retail partner

Swedish fintech firm Klarna has revealed Appliances Online will be its first retail partner in Australia. Klarna, which offers a buy now, pay later (BNPL) functionality through its app similar to local challengers like Afterpay, launched last month backed by the Commonwealth Bank.
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Airbnb lost $322 million in the first nine months of 2019 according to a report, and it could mean a bumpier path to going public

Airbnb was unprofitable during the first nine months of 2019, according to a report Tuesday from the Wall Street Journal. The report said Airbnb lost $US322 million, compared to a $US200 million profit during the same period a year prior, and that costs climbed faster than revenue in its third quarter.
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Slack skyrockets 21% after making IBM its biggest account yet

On Monday, Business Insider's Paayal Zaveri exclusively reported that IBM would roll out Slack to all 350,000 of its employees around the world. Slack surged as much as 21% Monday.
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5 things to watch for in tonight's New Hampshire primary

After running the table in New Hampshire in 2016, Sen. Bernie Sanders will look to hold onto as many supporters as possible amid a split vote. Independents and other non-Democrats can vote in the New Hampshire primary, though registered Democrats will carry the bulk of votes.
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Samsung just unveiled a slew of new phones — and the most expensive model starts at a whopping $1,400

Samsung just unveiled its latest line of flagship smartphones: the Galaxy S20, S20 Plus, and S20 Ultra. It's the most expensive flagship line Samsung's ever released - the base model Galaxy S20 starts at $US1,000.
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6 charts that show how Netflix's movie and TV catalogue has changed dramatically over the last decade

Netflix's movie and TV library has shrunk in total titles over the last 10 years in the US, according to data from streaming search engine Reelgood provided to Business Insider.

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