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I no longer use Meta because one of the world's most sophisticated tech companies can't tell when my account's been hacked - Startup Daily
After several fruitless hours trying to get help and realising even my 30-year-old number was permanently banned from WhatsApp, I decided maybe life without Meta wouldn’t be the end of the world.
The future of the Sydney Startup Hub remains up in the air, just 8 weeks before everyone has to move out - Startup Daily
Just two months away from hundreds of startups and founders being forced to move out of the Sydney Startup Hub, there’s still no clear vision from the NSW government about what the move to Tech Central will look like. While the government has yet to publicly announce a new location, Startup Daily understands that tenants... Read more »
Canva's plotting another $773m share sale at a higher $56 billion valuation - and becoming a US company is one reason why former employees may need to sell - Startup Daily
Canva moved its parent company to the US, and the ATO rules mean shares owned by ex employees vest, triggering a tax bill due in October
Moving the Sydney Startup Hub to Tech Central will cost taxpayers $5 million - Startup Daily
The NSW budget has put a price on moving everyone out of the Sydney Startup Hub in the CBD to Tech Central 2km away: $5 million. That cost represents around 13% of the funding for Tech Central announced by treasurer Daniel Mookey in Tuesday’s budget. A line item in Budget Paper 3 on infrastructure spending... Read more »
StrongRoom sells for $3 million - and now the games begin - Startup Daily
StrongRoom AI will live on under new management with Queensland pharmacy entrepreneur Joe Zhou acquiring the Melbourne healthtech startup from the administrators in a deal finalised late on Thursday. The sale follows a last minute battle for control of the business last week when an early investor, InterValley, and one of the company’s cofounders, make... Read more »