How did a US tech company with no revenue or assets come to be valued at over $US4 billion?

7:17PM | Friday, 11 July 2014 | Eloise Keating

A US tech company has hit the headlines this week following a more than 24,000% jump in the value of its shares in just 16 trading days.


New bitcoin peak body ADCCA launches, meets with senior public servants

7:02PM | Friday, 11 July 2014 | Andrew Sadauskas

A new body advocating self-regulation for bitcoin businesses called the Australian Digital Currency Commerce Association has been meeting with government departments to better inform ministers and public servants about cryptocurrency.

 | Growth  | Financing a business  | Cashflow  | Technology  | Government and Regulation

The new website turning spare bedrooms into FIFO rental gold

7:56PM | Friday, 11 July 2014 | Andrew Sadauskas

The mining boom, and the resulting increase in fly-in fly-out (FIFO) workers, has led to housing shortages across Australia. It’s a problem an innovative new website hopes to solve – by turning spare rooms into cash.

 | Planning  | Growth  | Technology  | Websites  | Start-up Profiles

Exploring the nascent future of Bitcoin (VIDEO)

7:24AM | Friday, 11 July 2014 | David Glance

In terms of a life-cycle of technology, it is easy to see Bitcoin as being at the same developmental stage as babies going through the “terrible twos”.

 | Growth  | Technology

Best of the Web: The Great Smartphone War between Apple and Samsung; Why do negative comments stick?

7:20AM | Friday, 11 July 2014 | Cara Waters

The Great Smartphone War: In this month’s Vanity Fair, Kurt Eichenwald uncovers what he terms “the great smartphone war” between Apple and Samsung.

 | Growth  | Technology

Airtasker acquires Occasional Butler, explores overseas expansion

7:47AM | Friday, 11 July 2014 | Andrew Sadauskas

Airtasker has acquired Melbourne-based odd jobs outsourcing business Occasional Butler, cementing its lead as Australia’s leading online platform for outsourcing local services.

 | Growth  | Buy a business  | Sell a business  | Technology  | Websites

Joint effort: Aussies send bitcoins to help US buds legalise marijuana

7:27PM | Thursday, 10 July 2014 | Kye White

Bitcoins are being sent from Australia to help finance a marijuana legalisation campaign in the American state of Oregon.

 | Planning  | Growth  | Growth Strategy  | Financing a business

New ‘personal security’ phone app raises privacy concerns

7:57PM | Thursday, 10 July 2014 | Kye White

A kidnapping in Ecuador has helped inspire app developer Crazy Dog Apps and security company MobileSecurity365 to combat drunken assaults.

 | Growth  | Growth Strategy  | Technology

Teenage brother and sister duo take on eBay with hybrid social media and online marketplace startup

7:31PM | Wednesday, 9 July 2014 | Broede Carmody

Sailr, developed by brother and sister duo Naomi Feiglin, 19, and Nathan Feiglin, 16, plans to be a more social and mobile-friendly version of eBay.

 | Growth  | How I did it

Melbourne startup aims to kick-start your mobile phone’s battery life

7:16PM | Wednesday, 9 July 2014 | Broede Carmody

Is your phone constantly out of juice? Not to worry, a Melbourne-based startup is coming to the rescue.

 | Growth  | How I did it

Restaurant owner sues Google claiming incorrect listing killed his business

7:25PM | Wednesday, 9 July 2014 | Cara Waters

A restaurant owner in the United States is suing Google for an incorrect Google Maps listing, which he claims led to a sudden decline in customers and forced him to shut his business down.

 | Growth

THE NEWS WRAP: Bright Spark raises $5 million for Internet of Things operating system

7:13AM | Wednesday, 9 July 2014 | Kye White

Spark Labs has raised almost $5 million in funding to help with plans to develop an Internet of Things operating system.

 | Growth

Putting 2014 on the MAP

7:46PM | Tuesday, 8 July 2014 | Kye White

Melbourne University’s Melbourne Accelerator Program (MAP14) for this year launches on Thursday with six diverse startups unveiled as participants.

 | Growth

Aussie startup CalReply scores decisive win in the Twitter World Cup

7:53PM | Tuesday, 8 July 2014 | Kye White

Australian startup CalReply has been working with SBS to ensure keen football fans haven’t missed a minute of the World Cup.

 | Start-up Profiles

New app draws on the cloud to streamline insurance claims

7:48PM | Tuesday, 8 July 2014 | Broede Carmody

A new app is aiming to even the playing field between users and large insurance companies by storing information such as receipts in the one digital location.

 | Start-up Profiles

Can entrepreneurship really be taught in the classroom?

7:44PM | Tuesday, 8 July 2014 | Joshua Flannery

The fact is there are clear benefits to teaching entrepreneurship in a classroom setting. Students learn the fundamental theory behind why, how and where to start up a business.

 | Business advice and education

Digital literacy in the developing world: a gender gap

7:55PM | Tuesday, 8 July 2014 | Amy Antonio and David Tuffley

In the pervasively connected world of the 21st century, creating and sharing knowledge has never been easier. But the fact remains that many people still lack the skills required to access this information and an inequity gap is growing.

 | Growth

Wotif acquisition shows potential of Australian startups for US investors eyeing Asia

7:42PM | Monday, 7 July 2014 | Kye White

The proposed $700 million acquisition of Wotif by Expedia is a sign of the Australian startup scene succeeding despite relatively low levels of funding and support, according to StartupAus board member Dr Jana Matthews.

 | Sell a business  | Technology  | Websites

Australian ticket resale market ripe with potential for global reseller Ticketbis

7:19PM | Monday, 7 July 2014 | Nina Hendy

Global online ticket seller Ticketbis has entered the Australian market, estimated to be worth around $90 million a year.

 | Start-up Profiles

Melbourne startup tackling homelessness through collapsible shelters

7:10PM | Monday, 7 July 2014 | Broede Carmody

A Melbourne-based startup has designed and developed portable shelters for the homeless, which can be put together in less than two minutes.

 | Planning  | Business planning  | Start-up Profiles