Machine learning data pipeline outfit Splice Machine files for insolvency – The Register

California-based ML data pipeline company Splice Machine has begun insolvency proceedings, according to a statement on its website. The startup which counted bank Wells Fargo, retailer Kroger, and optical networking company Infinera among its customers specialised in building a database for feature engineering which it hoped would ease machine learning data pipelines. Based around Jupyter…

New business registrations are actually up, despite COVID-19 lockdowns – ABC News

Despite fears the pandemic would lead to mass businessfailures, the number of Australians running businesses has actually shot up. Key points: The Australian Bureau of Statistics reports an increase in the number of registered businesses during the pandemic Julie Kay says starting a business means she can set her own goals The Australian Restructuring, Insolvency…

Steady business exit rates show post-JobKeeper fallout yet to emerge – UNSW Newsroom

This comes after a year with lower numbersof businesses entering external administrationthan usual.Australian Securities and Investments Commission (ASIC) recently reportedthat 2020-21,4235companies entered external administration. Thiswas after7362 in 2019-20, and8105in 2018-19. Thenew ABS data saw a12 per cent exit rateof businesses2020-21, downslightlyfrom12.5 per cent the year before.Dr Pamela Hanrahan, Professor of Commercial Law and Regulation at…