Last night from New York, Moko Social Media Limited, one of the two companies we reported had previously approached Tagroom about an acquisition offer, announced that they had just signed a binding term sheet to acquire 80% of Tagroom.com.
Social media giant, Pinterest, recently won a court battle against a Spanish company called Pin Digital about their controversial use of the domain names PinSex.com, and PinGay.com.
Rewardle Holdings Ltd, the holding company that owns Melbourne-based startup Rewardle Pty Ltd, has recently opened up its Initial Public Offering (IPO), according to a prospectus that was lodged with ASIC on the 20th of August.
Sydney-based startup Nexus Notes was built on the philosophy that students can learn a lot from each other’s notes, and of course, make money from simply sharing their notes.
Alex Turnbull, son of Federal Minister for Communications Malcolm Turnbull, may be setting an example of how Australians can work with their Asian counterparts. The Sydney Morning Herald reported today that Alex Turnbull is planning to launch a Singapore-based hedge fund, Keshik Capital, which will be “focused on Asia with the flexibility to invest globally”.
Global payments platform Stripe has today announced its launch into the Australian market, going head-to-head against competitor Braintree, which established itself in Australia in November 2012 and opened up a Sydney office in June 2013. While Braintree has experienced enormous success in the country, the arrival of Stripe may pose a threat – especially when it comes to winning over the startup community.
Ridesurfing presents a very real threat to UBER’s ride sharing dominance in Australia. Why? Because they are playing out the same strategy Lyft employed in the United States. They’ve just replaced the pink hipster Lyft moustache with the Ridesurfing signature Shaka Sign – the symbolism here is very important and the foundation of their game plan.
Startup Daily has just confirmed that Netcomber.com has just been acquired by Profound Networks.
Netcomber.com was founded by Sydney based Luke Metcalfe, who owns Rapid Intelligence and also publishes NationMaster.com in December 2012 and Andre Weyher, who was part of Matt Cutts’ famous Search Quality team at Google later joined to head up PR and Marketing and drive the business forward.
What I like about Granfar, and why I think that himself and cofounder Bronwyn Leong are going to execute in the Media Tech space brilliantly is based on the fact they understand that what they are trying to do is a very clear departure from what most people understand to be social sharing.
TalkLife is perhaps one of the most important mobile innovations for 2014.
The South Australian youth mental health start up, is a global social network that enables young people to open up about taboo issues including depression, self-harm and even suicide, has grown to 8,000 users per day across 125 countries in the last two years.
Last night, founder of The Entourage, Jack Delosa dropped a complete 10 track album under the rap moniker “Cavelli” titled Make Believe. The name Cavelli, comes from a 1930’s film, in which a street performer (Cavelli) wore a mask and nobody knew his real identity.
Today Australian entrepreneur Nikki Durkin announced that she was shutting down the venture she had been working on for the last 4 years 99dresses.
WeTeachMe and ECAL two Melbourne-based startup companies have both taken out the top gong in Oxygen Ventures’ inaugural The Big Pitch event, with judges deciding they were unable to split the two finalists.
Silk Road, contrary to mainstream communication is still alive and well and business is booming. Startup Daily conducted an investigation recently to try and uncover how these Darknet innovators worked within Australia and how exactly the “goods” made their way into customers’ hands undetected domestically.