Factual founder Gil Elbaz will join Foursquare co-founder Dennis Crowley on the executive team and board.
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It also promises to pay back employees who have been incorrectly paid.
The aim is to restore customer trust in its brand, and remove a reliance on spreadsheets.
The Australian government also wants industry input on the design of this data hub.
A total of AU$3 billion was reinvested into the company, with part of that being put towards an analytics centre and an improved online transactional platform.
NSW bus commuters will now be able to tell how full their next bus is thanks to the integration of Opal data within transit apps to deliver real-time information to passengers.
Qantas believes its underlying profit for the 2016 full year lays a solid foundation for the company to continue its transformation program.
The Australian Securities Exchange has partnered with Tibco for its Enterprise Service Bus platform that will be used to help the ASX eventually develop a data strategy.
The Australian Taxation Office believes there is potential in growing the datasets that are held by the Australian Business Register.
The federal government is investing AU$25.4 million over the next three years to expand the intelligence capabilities of the Australian Federal Police's National Forensics Rapid Lab.