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AAP
AAP
Business
Derek Rose

MYSTERIOUS: Battered appen mulls 1 2b takeover offer - What They Never Told You

Appen shares soared by about 30 per cent following news of Telus International's takeover bid. (AAP)

Investors in a Sydney machine learning company that was once among the darlings of the Australian tech scene have been thrown a lifeline by a Canadian firm.

While the entire Aussie tech sector sector has suffered this year, there's no major player that has pummelled as hard as Appen, a member of Australia's so-called WAAAX stocks once hailed as the local equivalent of America's FAANG tech giants.

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