News & Analysis
As technology advances, so too does crime. And the tools used to commit crimes are advancing as rapidly as digital devices are. But one thing hasn’t changed – a criminal’s acumen and dexterity when it comes to the act of the crime. Today, cybercrime and data breaches costs the Australian economy over $1 billion and the global economy around $120 billion annually.
Global crowdfunding platform Indiegogo has released some interesting statistics about Australia. Firstly, the amount of money pledged to Indiegogo campaigns in the country has nearly tripled over the last 12 months, with Technology and Design campaigns experiencing the fastest growth rate.
The Silicon Lakes Team is co-ordinating and hosting the 2014 Australian & New Zealand Singularity University Global Impact Competition in association with Dr Clarence Tan, the Australian Ambassador for Singularity University. The competition is now open, and Australian innovators are invited to apply for the chance to win a scholarship worth $30,000 to study at the Silicon Valley-based university.
Earlier this month, Kyle Sandilands and Jackie O’s new KIIS 1065 breakfast show tied with Jonesy and Amanda’s WSFM for the number one spot across Sydney’s FM commercial stations. The excitement continues with the announcement of Kyle and Jackie O’s innovative new social media platform.
Brisbane-based digital publishing startup Liquid State has come a long way since launching in the latter months of 2010. Their user base has grown 30 times over the past 11 months alone, earning itself the title of High-Growth Business Startup at the Lord Mayor’s Business Awards last year and becoming Australia’s go-to cloud-based platform for distributing digital content across mobile devices.
UTS Business School and Australian venture technology company, BlueChilli X, have just announced a three-year partnership that will see them helping students and executive education clients develop startup-esque innovation skills.
ONEWorld Summit, a two-day event that brings together young social leaders, entrepreneurs and change-makers, made its debut in Melbourne just last year, and has now expanded into other locations – including Singapore, San Francisco, New York, South Africa and Malaysia.
As of last Tuesday, BodyTea’s Instagram account with an 80,000-strong follower base has been hacked. According to Taylor Dow, Founder of BodyTea Australia, the perpetrator has been featuring false special offers via Instagram such as ‘Follow us, and you’ll get a year’s supply of BodyTea’.
The world’s largest youth-led non-for-profit organisation, AIESEC is encouraging tech startups in their high-growth phase to welcome an international intern to work for them for a maximum of one year.
In 2013, Hilary Clinton said “Women remain as the world’s largest untapped reservoir of talent.” While this comment still resonates with our culture, in Sydney’s Doltone House, hundreds of people gathered to recognise and celebrate emerging female talent.
Ellen DeGeneres’ star-studded Oscar’s Selfie sent Twitter into meltdown, earning itself the title of the most retweeted photo in the history of Twitter. Inspired by this event, Melbourne-based startup Rewardle has just released a feature that turns their membership, points and rewards system into a “Selfie station”.
Empower, an Australian sustainable development organisation that works in partnership with rural communities in Malawi and Sri Lanka, has just launched a campaign on crowdfunding platform Chuffed. They are seeking to raise AUD$17,500 to help changemakers in North Malawi’s rural region of Kapita finish building their dream community centre.
First, they partnered with Facebook, then Instagram, YouTube and Soundcloud. Yesterday, Quixomatic, a startup founded by four Aussie ex-Yahoo! employees, announced their partnership with OpenMenu.
According to the latest report by Internet Deal Book, Australia (117) had the third largest number of internet and technology deals of any country in 2013 – surpassed by the US (2639) and UK (209). Over USD$200 billion were spent on investments and acquisitions across the globe last year, with Australia sitting at $1.06 billion (Average Deal Value: $16 million).
Australia’s first equity crowdfunding platform, VentureCrowd, is now open for business. The platform, developed by venture capital firm Artesian Venture Partners, allows wholesale investors to take equity positions in innovative and highly scalable startups.