News

Roamz launches following $3.5m funding drive

10:10PM | Friday, 14 October 2011 | By Oliver Milman Roamz, an Australian social media-driven location-based app, has debuted in California today after securing more than $3.5 million in funding prior to launch.

Shoes of Prey founders switch sights to designer glasses market

10:10PM | Friday, 14 October 2011 | By Oliver Milman The founders of online retailer Shoes of Prey have lured a former Google colleague to become CEO of a new start-up that aims to shake-up the Australian eyewear market by offering fashion-led products via the internet.

Veokami among 500 Startups’ latest intake

10:10PM | Friday, 14 October 2011 | By Michelle Hammond Australian-founded tech start-up Veokami is among the latest batch of companies to participate in the 500 Startups program, as it prepares for an investor pitch early next year.

Vic Gov pledges $55m for biotech as IBM plans R&D hub

10:10PM | Friday, 14 October 2011 | By Michelle Hammond The Victorian Government plans to spend more than $50 million on the state’s biotechnology sector, just days after IBM announced a new R&D lab to strengthen Victoria’s ICT industry.

Productivity a matter of job satisfaction: Ernst & Young

10:10PM | Friday, 14 October 2011 | By Michelle Hammond Employers looking to boost productivity should focus on job satisfaction rather than salaries or employment security, an expert says, in light of a new report on Australian workers’ motivation.

Security franchise slashes fees by $50k as industry struggles continue

10:10PM | Friday, 14 October 2011 | By Michelle Hammond OzSpy Security Solutions is the latest franchise to heavily discount its start-up fees, reducing the establishment costs by $50,000, as recruitment issues continue to plague the industry.

THE NEWS WRAP: Qantas industrial dispute set to rumble on

10:10PM | Friday, 14 October 2011 | By Oliver Milman The damaging industrial dispute between Qantas management and unions looks set to continue, with each side blaming the other for the impasse.

Coffee Club franchisee scoops FCA award

10:10PM | Friday, 14 October 2011 | By Michelle Hammond The Coffee Club franchisee Carolyn McManus has revealed her secrets to success for multi-unit franchising, after being named Multi-unit Franchisee of the Year by the peak industry body.

Innovative tech company Blueseed docks off shore to take advantage of visa-free territory

10:10PM | Friday, 14 October 2011 | By Michelle Hammond An unusual tech incubator in the United States plans to help entrepreneurs do business in Silicon Valley by offering space on a vessel in international waters.

Apple-Samsung patent war prompts IP warning

10:10PM | Friday, 14 October 2011 | By Michelle Hammond Apple has won a Federal Court battle to stop Korean rival Samsung from selling its Galaxy Tab 10.1 in Australia, prompting a warning for start-ups to ensure their IP protection is ironclad.