#Australia Brisbane to get a $5 million innovation hub

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A new $5 million innovation hub will be launched in Queensland offering “unprecedented” support to create the state’s next “startup success story”.
 
Announced by Brisbane Lord Mayor Graham Quirk on Thursday, Australia’s largest co-working space Fishburners will be the anchor tenant of the new hub, which will be called the Capital.
 
Located
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#Australia BlueChilli launches program to help startups be “ripe and ready” for innovation statement investment surge

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Startup founders need to brace for a dip in investor interest in the first half of next year in anticipation of the taxation changes in July coming into effect, BlueChilli general manager of corporate innovation Colette Grgic says.
 
BlueChilli has launched a new accelerator program in collaboration with the Chamber of
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#Australia How this fintech startup secured an Australian-first $60 million bank partnership

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Nearly two years of hard work overcoming regulatory hurdles and implementing a long-term strategic plan led to peer-to-peer lending startup MoneyPlace (http://ift.tt/1W6sFzw) securing a $60 million deal with a big bank.
 
In an “Australian-first” deal, the Queensland-based Auswide Bank will be injecting $60 million into the fintech over five years in
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#Australia Slack launches $100 million fund for developers

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Workplace collaboration software company Slack has launched an $US80 million ($111 million) fund to support its third-party integrated apps as its competition with Aussie startup hero Atlassian heats up.
 
The large fund is backed by Accel Partners, Andreessen Horowitz and Index Ventures among others.
 
It comes with the launch of the Slack
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#Australia Facebook partners with Uber to make Messenger a real pick-me-up

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Two tech giants have teamed up to allow users to make plans through Facebook Messenger and then book a ride to get there without having to leave the app.
 
Facebook has launched its transportation mode on Messenger and Uber is the first partner.
 
The way it works is very simple – users
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#Australia Why this Aussie entrepreneur is trying her luck with China’s version of Shark Tank

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A Sydney entrepreneur hoping to disrupt the fashion industry will try her luck on a new Chinese reality television program next year in a bid to win millions of dollars in funding.
 
Jessica Wilson (http://ift.tt/1moQgPs), the founder of shopping app Stashd, will fly to China at the start of the
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#Australia Crowded out: how crowdsourcing for startups turned into business as usual

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Crowdfunding has been hailed by some as the “democratisation of finance”. To many, it is viewed as a key alternative source of finance where we can all get involved in backing new companies through either donations or the purchase of equity. Unfortunately, it hasn’t quite worked out like that.
 
There are
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#Australia The drive towards ethical AI and responsible robots has begun

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Roboticist Sabine Hauert (http://ift.tt/1qaoWP6), from the Britain’s University of Bristol, wrote in Nature (http://ift.tt/1ObcKPk) earlier this year:
 

My colleagues and I spend dinner parties explaining that we are not evil […]
 

People are worried, she said.

They hear a mostly one-sided discussion that leaves them worried that robots will take their jobs, fearful
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#USA Padmasree Warrior On Why She Chose To Take On Her New Role As NextEv CEO

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Padmasree Warrior NextEv, a Chinese electric car company potentially taking on Tesla and Faraday Future, has tapped Padmasree Warrior for the U.S. CEO position. Warrior will also head up software development and the user experience globally for the Shanghai-based company.
According to Warrior, NextEv has already pulled in half a billion dollars of the $1 billion it plans to raise from the likes of Sequoia… Read More

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#USA Rwanda’s Not-So-Improbable Ambition To Be A Startup Hub of Africa

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kagame It’s an odd feeling to come from California, one of the world’s most prodigious economies where the infrastructure and public systems are simultaneously falling apart in plain view, and arrive in the tiny, landlocked East African country of Rwanda. The first thing you notice is how exceptionally clean the streets of Kigali appear. That’s because of a ban on… Read More

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