Telecommunications giant Optus is ramping up its involvement in the start-up sector after acquiring Sydney-based food site Eatability for $6 million.
Sydney-based company Cafe2U is the latest franchise to launch in New Zealand, one month after announcing plans to appoint more than 1,000 additional franchisees in the United States.
Sydney-born entrepreneur John van den Nieuwenhuizen has big plans for his Apple-inspired start-up Hidden, which is on the cusp of raising $1 million on crowdfunding website Kickstarter.
Business groups have welcomed the Victorian Government’s $6 million Streetlife program, launched yesterday, which is designed to inject new life into small retail businesses.
Entertainment giant Electronic Arts is merging Melbourne-based games studios Firemint and IronMonkey to form Firemonkeys, one year after EA acquired Firemint for an undisclosed sum.
US-based accommodation website Airbnb has “acqui-hired” Y Combinator start-up DailyBooth for an undisclosed sum, in what is believed to be Airbnb’s first acquisition.
PayPal co-founder and Facebook backer Peter Thiel has made his first investment in an Australian company, leading a $1.2 million round for a stake in Sydney tech start-up ScriptRock.
Sydney-based tech start-up OrionVM is preparing to close a Series A round in the United States, with plans to open an office in San Francisco and a datacentre in Silicon Valley.
Start-ups looking to leverage the growth of the mining industry are being encouraged to act fast, with a report by Deloitte Access Economics insisting the boom will be over in less than two years.
Tech giant Google appears increasingly willing to tweak its software to run on arch rival Apple’s hardware, after acquiring a start-up that develops email applications for Apple devices.
Local online shoe retailer StyleTread is remaining tight-lipped about its clash with Westfield, after the start-up’s kiosk was closed at Parramatta following a conflict with existing tenants.
Setting prices can be tricky: Too low and you go broke, too high and you scare off potential consumers. Thankfully, there are ways to make sure your price is always right. BY NINA HENDY.
Just Do It. Life's Good. Think Different. You may not be able to afford an ad agency, but you can still come up with a decent tagline.
Almost one-fifth of entrepreneurs start their business as an investment strategy for the future, according to the latest MYOB research, while 18% start up because they want a seachange.
The group deal sector is in flux but big deals and investments are still being made.
The US-based Startup Leadership Program has opened its first Australian chapter in Melbourne, led by start-up expert Grant Downie, with applications now open for the class of 2013.
It would be an understatement to say it’s been a bad year in retail. Just ask Fletcher Jones, GAME or Dick Smith. Thankfully, there are ways proactive retailers can see out this downturn. BY OLIVER MILMAN.
Local payment service provider ocash has received a majority investment from Southeast Asian internet giant MOL Global, which will use ocash as a foray into Australia and New Zealand.
Franchises appear to be spearheading growth in the food industry, according to a new report, which shows café chains grew by 5.2% in 2011 while independent cafés declined.
Many web start-ups are opening temporary physical stores to boost their profile and sales. While traditional retail is in decline, pop-up shops are bucking the trend. BY OLIVER MILMAN.