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    ASX closed lower; Life360 surged on Jiobit acquisition news; NZ-WA travel bubble resumes tomorrow

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    Highlights
    • ASX200 closed 0.17% lower at 7033.8 on Tuesday.
    • Life360 surged 12% on US$37m Jiobit acquisition announcement.
    • New Zealand resumes quarantine-free travel with WA from tomorrow.

    The Australian market closed 0.17% lower at 7033.8 today as the BNPL players plunged in a wide tech selloff.

    Tech stocks took the biggest hit today, shedding more than 2.4% as Afterpay plummeted more than 5.5%, Xero lost 2.26% and Nuix fell 2%.

    Bitcoin continues to climb this afternoon, trading up 3.56% in the last 24-hours at US$54,805.04 at 4:30pm AEST.

    Leading real time location-sharing tech company Life360 surged 12% today following news of the company entering into a non-binding term sheet for the acquisition of wearable technology location device provider Jiobit for US$37m.

    Making headlines, New Zealand?s quarantine-free travel bubble with Western Australia will resume tomorrow for anyone who was not deemed a close contact of the Perth COVID-19 community cases last week.

    And from this week Twitter is including prompts at the top of users? timelines containing information about COVID-19 vaccines and information for each country.

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