RMS Cloud

Product Launch · Oceania

Xero launched a connected app that lets users query live Xero financial data (P&L, cash position, overdue invoices, visual charts) inside Google Gemini, powered by its JAX agentic platform. It extends a 2026 series of AI assistant integrations (Microsoft 365, Claude, ChatGPT).

M&A Activity · Oceania

An Australian tech executive is seeking a rescue consortium to buy the embattled company Weare8, with reported backers including Rio Ferdinand, Goldman Sachs Australia's chief Simon Rothery and Westpac CEO Anthony Miller.

Partnership · Oceania

Foxtel announced a record $5.3 billion NRL (National Rugby League) rights deal and is covering the lion's share of the agreement. Price increases announced 10 days after the deal.

Restructuring · Oceania

Immutable pivoted from Web3 gaming to AI-powered marketing technology for game publishers, cutting 29 roles from its game development teams (Elderym studio). The company is outsourcing Gods Unchained and Guild of Guardians operations to a third-party provider while maintaining a small internal games team and focusing on its Immutable Audience AI growth platform.

Strategic Hiring · Oceania

MYOB CEO Paul Robson highlights business succession planning challenges for baby boomer business owners (48% of ages 62-80 plan exit within 1-5 years). Indicates strategic focus on business succession and advisory services that will require specialized talent.

Capital Raising · Oceania

Me&u CEO Kim Teo is concerned about Australian startup ecosystem and tax policy changes (CGT reform) that may drive founder exodus. Suggests potential need for capital restructuring or relocation strategy.