- ASX200 1.04% higher in morning trade at 6835.60.
- Google launches News Showcase in Australia.
- WineCab?s AI helps users pair the right wine with any meal.
Tech stocks are in the green today, and on track for the sector?s best week since October.
In morning trade, EML Payments is up nearly 5%, while Nearmap and Bravura Solutions each add close to 4%.
The Australian market is rallying today, up more than 1% at 6835.60 points as News Corp surges nearly 13% following a 153% jump in Q2 revenue, its most profitable quarter since 2013.
Bitcoin is trading at US$36,869.90 at 2pm AEDT, down more than 2.5% in the last 24-hours.
Afterpay has added 2% after reporting new customers in the USA and Australia, overshadowing potential threats to its UK Clearpay business through new regulations.
In the headlines, Google has launched its News Showcase product in Australia in a sign the company is coming to accept Australia?s new media code for tech giants.
And AI?s latest use comes in the form of WineCab, a new wine management system that uses AI to provide users with selection advice, temperature control, security settings and a high-speed robotic arm that grabs the drop of your choice from your wine cabinet.