Given the sheer volume of public hand-wringing by traditional players such as the resources industry and large retailers over threats to their revenue, it seems that some view innovation as something to be wary of, rather than enthusiastically embraced.
Sydney-based start-up biNu has snagged $4.3 million from investors including 500 Startups, having already received funds from Google’s Eric Schmidt and Seek co-founder Paul Bassat.
Californian start-up YourMechanic took out the top title at TechCrunch Disrupt SF 2012, while other standouts included a self-balancing bicycle and a predictive database for app developers.
Wayne Swan is to deliver his Budget speech to a backdrop of a share market slump in Australia, with investors concerned over the eurozone economic situation and jobs data from the US.
Some people foolishly measure experience in years, rather than achievements. Yet the quickest way to garner high quality experience is to work in a fast growing start-up.
Tech giants Google and Microsoft have offered new incentives to start-ups and small businesses in an attempt to increase the user numbers for their respective technologies.