THE NEWS WRAP: Apple working on Google Now competitor

5:14AM | Thursday, 28 May 2015 | Kye White

Apple is developing a new iOS imitative code named “proactive” that will leverage Siri, Contacts, Calendar, Passbook and third-party apps to compete with Google Now.


THE NEWS WRAP: Expedia sells out of Chinese travel service eLong for $US671 million

5:18AM | Tuesday, 26 May 2015 | Kye White

Travel booking giant Expedia has sold its 62.4% stake in Chinese travel service eLong for $US671 million.

 | Business

THE NEWS WRAP: Investors hungry for Munchery as food delivery service closes $85 million funding round

5:25AM | Monday, 25 May 2015 | StartupSmart

Munchery, a San Francisco-based service for ordering quick microwavable meals, has closed an $85 million funding round.

 | Business

THE NEWS WRAP: Australian spies part of international spook alliance to hack smartphones

5:33AM | Friday, 22 May 2015 | Kye White

Australia’s spy agencies, along with those of the United States, Canada, New Zealand and the United Kingdom planned to hijack the Google and Samsung app stores to implant spyware on phones.

 | Business

THE NEWS WRAP: If you type “n----- house” into Google Maps it directs you to the White House

5:32AM | Thursday, 21 May 2015 | StartupSmart

Google has apologised but failed to explain why searches for “n-gger” are directing users to the White House, home of US President Barack Obama.

 | Business

THE NEWS WRAP: US on-demand storage startup raises $US2 million

5:33AM | Tuesday, 19 May 2015 | StartupSmart

Los Angeles on-demand storage startup Clutter has raised $US2 million to fund its rapid expansion in the coming months.

 | Business

THE NEWS WRAP: Lyft raises an additional $US150 million in funding

5:31AM | Monday, 18 May 2015 | StartupSmart

Ridesharing service Lyft has raised $US150 million ($A187 million) in funding from serial investor Carl Icahn.

 | Business

THE NEWS WRAP: Reddit moves to tackle harassment

5:38AM | Friday, 15 May 2015 | Kye White

Online forum Reddit has announced new practices that aim to improve the way it deals with harassment.

 | Business

Budget 2015: ‘Netflix tax’ “brain-dead” and “a bloody nightmare” says Freelancer founder Matt Barrie

5:45PM | Wednesday, 13 May 2015 | Broede Carmody

The 2015 federal budget fails to make a distinction between small businesses and startups, and Matt Barrie explains why that's a problem.

 | Business

Huffington Post, TechCrunch and Engadget sold to US telco for $5.5 billion

5:23PM | Wednesday, 13 May 2015 | Andrew Sadauskas

AOL, the parent company of online publications including Huffington Post, TechCrunch and Engadget, is to be sold to US telco giant Verizon.

 | Business

THE NEWS WRAP: Google’s self-driving cars have been involved in 11 accidents

5:34AM | Tuesday, 12 May 2015 | StartupSmart

Google has revealed its self-driving cars have been involved in 11 “minor accidents” since it began testing the technology six years ago.

 | Business

THE NEWS WRAP: Uber is seeking another $US1.5 billion in funding

5:20AM | Monday, 11 May 2015 | StartupSmart

On-demand ridesharing company Uber is looking to raise another $US1.5 billion in funding as the startup continues its rapid expansion into other markets and verticals.

 | Business

THE NEWS WRAP: VC firm Accel and drone company DJI partner for investment fund

5:24AM | Friday, 8 May 2015 | Kye White

Venture capital firm Accel and drone company DJI are partnering to create an investment fund focused on the drone industry, Re/code reports.

 | Business

THE NEWS WRAP: GST to apply to Netflix and other online goods and services

5:28AM | Thursday, 7 May 2015 | StartupSmart

Next week’s federal budget will seek to impose the GST on Netflix.

 | Business

THE NEWS WRAP: Google snaps up scheduling startup Timeful

5:31AM | Tuesday, 5 May 2015 | StartupSmart

Google has acquired scheduling app Timeful in a bid to integrate the startup’s technology into Gmail, Calendar and Google Docs.

 | Business

THE NEWS WRAP: SurveyMonkey’s chief executive dies unexpectedly

5:35AM | Monday, 4 May 2015 | Broede Carmody

SurveyMonkey’s chief executive Dave Goldberg has died unexpectedly, leaving many in Silicon Valley to mourn an admired entrepreneur and angel investor.

 | Business

THE NEWS WRAP: Lyft spending heavily as growth slows

5:24AM | Friday, 1 May 2015 | Kye White

Lyft is pouring money into customer acquisition, as it battles to maintain second place in the ride-sharing industry, according to a leaked presentation obtained by Bloomberg Business.

 | Business

THE NEWS WRAP: Anonymous social network Secret to close down

4:26AM | Thursday, 30 April 2015 | StartupSmart

Anonymous social network Secret is shutting down due to stiff competition from its more popular rival Yik Yak and many employees leaving the company in the past few months.

 | Business

THE NEWS WRAP: Facebook’s director of engineering quits to join a startup

4:49AM | Wednesday, 29 April 2015 | StartupSmart

Facebook’s director of engineering Lars Rasmussen is leaving the social media giant in order to cofound a music startup with his partner.

 | Business

THE NEWS WRAP: Snapchat snaps up CNN political reporters

4:31AM | Tuesday, 28 April 2015 | StartupSmart

Snapchat has hired CNN political reporters as the company continues to push into the storytelling space with its Discover feature.

 | Business