#Australia Aussie startup slammed for allegedly misleading users on celeb sign-ups says: “we’re not a major fraud”

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An Adelaide-based startup said to be valued at over $9 million has been slammed after many of the high-profile celebrities it had claimed to be offering video calls with said they’d never heard of it and politicians touted to attend its launch party said they had never agreed to appear.
 
Sociabl,
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#Australia Innovation statement is only the beginning of an economic transformation

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Prime Minister Malcolm Turnbull’s innovation statement, delivered in December last year, positioned technology entrepreneurship and innovation as key economic policy priorities for Australia. It capped off a very big year for Aussie startups.
 
The innovation statement was commendable for a range of reasons.
 
First, it rightly identified startups and innovation as key
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#Australia There’s one thing startups should crave more than capital

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Too often we seem to focus on capital intensive startups with multiple rounds of VC and celebrate their high paper valuations.
 
The “lack of VC” is a common gripe in the Australian startup landscape, but do you know what there’s more of a lack of? Customers
 
Specifically an attitude within government and corporates
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#Australia The startup employment dream – the pros and cons

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People involved in startups are sometimes treated as the rock stars by the business media. Some employees of tech startup Atlassian, for example, have been outed as newly minted millionaires (http://ift.tt/1Qj40qH) as the company rises in value after its initial public offering on the Nasdaq.
 
All of this makes life in
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#Australia The disruptive technologies that will shape business in the years ahead

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Regardless of your industry, the marketplace is continually evolving. The reason, increasingly, is the evolution of disruptive technology.
 
Disruptive technologies are enhanced or new technological innovations that essentially displace conventional and established technology, rendering it obsolete. They can create opportunities for new products, new markets, and new
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#Australia Why young Aussie graduates still don’t want to join a startup and what needs to change

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Despite increased focus from all levels of government on entrepreneurship and embracing a culture of risk, young Australian STEM graduates are among the most averse in the world to joining a startup, a new study claims.
 
Amplifying Human Potential: Education and Skills for the Fourth Industrial Revolution, released at the World
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#Australia Crowd funding laws – good news for the startup community or missed opportunity for the government?

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SPONSORED POST
It is fair to say that the new proposed draft legislation for crowd-sourced equity funding (CSF) has not been well received by the startup community.

On the face of it, the regulations would give startups and smaller businesses the ability to raise funds from small investors, and
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#Australia Uber to offer helicopter rides, prices likely to be sky-high

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You might soon be able to get a helicopter ride home thanks to a new partnership between Europe’s largest aerospace company Airbus Group SE and ride-sharing giant Uber.

The project, commencing at Sundance Film Festival in Utah, will offer on-demand transport in H125 and H130 helicopters.
 
“It’s a pilot project, we’ll see
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#Australia How hackers who “give a shit” are helping to preserve Indigenous culture and bridge social gaps

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A growing community of Melbourne tech developers are working with social change-makers to create a new face for hackers.
 
Random Hacks of Kindness (http://ift.tt/1zWtB2J) (RHoK) Australia manager Dr Angus Hervey tells StartupSmart the ways hacking can help humanity are vast.
 
“[RHoK Australia] connects technologists who give a shit with change-makers like charities,”
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#Australia “The bitcoin experiment has failed”: Lead developer of the virtual currency jumps ship

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One of the lead developers behind bitcoin has parted ways with the virtual currency entirely, saying the “experiment has failed”.
 
Mike Hearn posted a blog over the weekend (#.1pgwss3d1) detailing his disappointment with the direction bitcoin has taken and why he’ll be taking no further part in it and off-loading all
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