News

Galileo’s $20m fund for students

Freshly-minted seed fund and accelerator Galileo Ventures has plans to raise a $20 million early stage venture capital fund (ESVCLP) targeting student entrepreneurs graduating from university looking to establish...

Zoho’s Raj Sabhlok on the bubble

Cloud-based business software maker Zoho Corporation stands apart from its Silicon Valley-based tech industry peers, culturally and geographically. At a time when toxic Silicon Valley culture is under an...

Open Bank Project Aust sandbox

Australia’s banks have yet to open up their APIs to FinTechs, but that could change sooner rather than later when a new financial services sandbox gets under way in...

Australia: Waking up to robots

Australian enterprise is facing a fresh wave of innovation and automation that could replace more than half the current human workforce in some sectors of the economy. An online...

Searching for the silver lining

The decision by Victorian funding agency LaunchVic to sever its ties to the troubled Silicon Valley accelerator 500 Startups is the right one. It brings to a close a...

ScoMo to pry open bank data?

As the Commonwealth Bank money laundering allegations rage and increase the likelihood of a Royal Commission inquiry into banking, there is perhaps an even more profound change in the...

NSW DAC cuts London fire risk

The NSW Data Analytics Centre (DAC) has been able to identify in just a few weeks the 1000 or so at-risk high-rise buildings from a pool of 150,000 buildings audited...

Sports tech an export bright spot

The Australian Sports Technology Network (ASTN) wants to revive a version of a deal struck in the dying days of the second Rudd Labor government that could see Australia’s...

Dalidakis: Debacle ‘a small setback’

Victorian innovation minister Philip Dalidakis has described the 500 Startups sexual harassment scandal and the month long funding debacle that followed as “a small setback.” LaunchVic’s said on Thursday...

Vic govt cancels 500 Startups deal

The Victorian government has sensationally pulled nearly $3 million in funding from global accelerator 500 Startups after more than a month of negotiations that followed revelations of sexual harassment...

Larry’s each way bet on the future

Larry Marshall is having an each way bet on the future – investing in the CSIRO’s pure research initiatives while looking to spend $200 million on start ups through...

Labor to reject drug test bill

The Opposition will vote against the government’s welfare drug testing legislation, leaving the future of the controversial scheme in serious doubt. A Labor caucus meeting on Monday decided to...

Keeping it real with CryptoPhoto

Given two-step authentication is one of the key security layers used by the likes of Google, Apple and some of the world’ major banks, it must work, right? Chris...

Sinodinos on machine learning

Australians must to embrace digital disruption and automation rather than be scared into inaction over potential job losses, Industry minister Arthur Sinodinos says. Speaking at the opening of the...