Tech funder on lookout for more start-ups

Original article by Paul Smith
The Australian Financial Review – Page: 29 : 21-Oct-14

OneVentures will soon start making new investments through its Innovation & Growth Fund II, having already invested $A60 million in technology start-ups. OneVentures MD Michelle Deaker hopes the fund will reach the level of $A100 million by the end of 2014 or in early 2015. The fund will split its investments between technology companies and life sciences groups

CORPORATES
ONEVENTURES PTY LTD, THE MYER FAMILY COMPANY PTY LTD, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, THE CARLYLE GROUP, CALEDONIA INVESTMENTS LIMITED, VAXXAS PTY LTD, AIRTREE VENTURES PTY LTD

Silicon Valley start-up surges on ASX debut

Original article by Sally Rose
The Australian Financial Review – Page: 25 & 32 : 16-Oct-14

Shares in online recruitment firm 1-Page closed at $A0.34 on 15 October 2014, capping a $A8.5m Australian sharemarket float for the US-based group. The stock was issued at $A0.20 apiece and listed at $A0.345. Amanda Moyes of ASX Limited says the sharemarket operator would like to see more US technology firms list on the local bourse. Australia’s R&D tax concessions regime contributed to 1-Page’s decision to list in Australia

CORPORATES
1-PAGE LIMITED – ASX 1PG, ASX LIMITED – ASX ASX, FOSTER STOCKBROKING PTY LTD, KTM CAPITAL PTY LTD, CYGNET CAPITAL PTY LTD, NASDAQ, SAN FRANCISCO 49ERS, FRANCE TELECOM SA

STW gets ready to tackle big data

Original article by Lara Sinclair
The Australian – Page: 22 : 14-Oct-14

Chris Savage, COO of Australian-listed advertising services group STW, says it is preparing for the increased use of Big Data by clients. Some 1,000 executives will receive training on the issue, while Iain Goode has been named business director for the Data Hub that will facilitate the education process. The Association for Data-Driven Marketing & Advertising has created the Data Hub for STW, and says it is unrivalled for size in the Australian industry. Also involved has been ex-Commonwealth Bank of Australia chief marketing officer Andy Lark

CORPORATES
STW COMMUNICATIONS GROUP LIMITED – ASX SGN, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, XERO LIMITED – ASX XRO, ASSOCIATION FOR DATA-DRIVEN MARKETING AND ADVERTISING LIMITED, OGILVY PUBLIC RELATIONS PTY LTD, J WALTER THOMPSON AUSTRALIA PTY LTD, MINDSHARE, M MEDIA GROUP PTY LTD

Schools turn to software to help catch plagiarists

Original article by Benjamin Preiss
The Age – Page: 3 : 3-Sep-14

MacRobertson Girls’ High School is among more than 21 schools in Victoria that now deploy the Turnitin software to detect plagiarism by pupils. The makers of the program claim that it trawls through over 35 billion web pages to find any improper matches with the work handed in by students. Local distributor Aldis Associates says private schools are its main client base. MacRobertson principal Toni Meath argues that use of Turnitin allows the school to educate students on the need for original work, especially as they prepare for university

CORPORATES
ALDIS ASSOCIATES PTY LTD, MACROBERTSON GIRLS’ HIGH SCHOOL

Neuroplasticity at work: video games to boost children’s brains

Original article by Hannah Francis
The Age – Page: 10 : 2-Sep-14

Alzheimer Australia will stage its "Technology and Dementia" forum in Melbourne on 2 September 2014. One of the key speakers is neuroscientist Adam Gazzaley, head of the University of California, San Francisco’s Neuroscape Labs. He will argue that both young people and the elderly can benefit from playing certain types of video games that foster neuroplasticity, or the permanent strengthening of specific neural pathways. Neuroscape Labs is developing such software for children

CORPORATES
UNIVERSITY OF CALIFORNIA, SAN FRANCISCO, ALZHEIMER’S AUSTRALIA INCORPORATED

Tablet vs PC: nearly 1 in 2 Australians now have both computers – so which is used for what?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Aug-14

A Roy Morgan Single Source survey has found that 48 per cent of Australians aged 14+ now own a tablet computer. However, 97.7 per cent of tablet owners also own a desktop or laptop PC. The survey also shows that 68 per cent of Australians who own both a tablet and PC used the latter for email in an average four-week period during the year to June 2014, while 34 per cent used a tablet. Meanwhile, 48 per cent of Australians use a PC for general internet browsing, while 29 per cent use a tablet

CORPORATES
ROY MORGAN RESEARCH LIMITED

Start-ups focus for Telstra offshoot

Original article by David Ramli
The Australian Financial Review – Page: 23 : 19-Aug-14

Australian telco Telstra is pursuing a strategy under CEO David Thodey of diversifying into technology start-ups, to prepare itself for the loss of revenue from the traditional telephony business. It has set up the muru-D incubator in Sydney and lifted its stake in US-based online video software provider Ooyala from 23% to 98% for $US270m ($A289m). Both will now be housed in the newly-incorporated Telstra Software Group entity, where the board consists of global enterprise and services group executive Brendon Riley, strategic finance group MD Cynthia Whelan and muru-D co-founder Charlotte Yarkoni

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, TELSTRA SOFTWARE GROUP PTY LTD, MURU-D PTY LTD, OOYALA INCORPORATED, SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT, SINGTEL INNOV8 PTE LTD, GARTNER GROUP INCORPORATED, WHATSAPP INCORPORATED, SKYPE TECHNOLOGIES SA, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Oakton adds depth to Dimension

Original article by Scott Parker
The Australian Financial Review – Page: 18 : 13-Aug-14

Todd Guyot of Moelis & Company says the proposed merger between Dimension Data Australia (DDA) and the listed Oakton is a good deal for both companies. DDA will pay $A1.90 per share, valuing Oakton at $A171m. DDA CEO Rodd Cunico says there are unlikely to be any job cuts as a result of the merger, which will creat a technology company with some 3,600 employees

CORPORATES
OAKTON LIMITED – ASX OKN, DIMENSION DATA AUSTRALIA PTY LTD, DIMENSION DATA HOLDINGS LIMITED, MOELIS AND COMPANY

Start-ups key as change batters the big four

Original article by Damon Kitney
The Australian – Page: 15 : 4-Aug-14

Consultants at Ernst & Young and KPMG warn that large companies must seek strategic alliances with small start-ups in order to safeguard against digital disruption. A major sector in need of such an approach is that of banking in Australia, and the four main lenders are already facing competition by online payments businesses such as PayPal. However Brian Hartzer, CEO Australian financial services at Westpac Banking, argues the banks can themselves behave like start-ups. Kelly Bayer Rosmarin, group executive institutional banking and markets at Commonwealth Bank of Australia, also says they have an advantage in the shape of large stores of customer data

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, PAYPAL INCORPORATED, AMAZON.COM INCORPORATED, KPMG, ERNST AND YOUNG

Bendigo ‘redy’ to pay through smartwatches

Original article by Shaun Drummond, Ruth Liew
The Australian Financial Review – Page: 17 : 28-Jul-14

Bendigo & Adelaide Bank has launched a new mobile payments network that is dubbed "redy" and can be used with a Samsung smartwatch and smartphone. The technology was developed by the regional bank’s Community Telco subsidiary. The redy system uses QR codes to verify transactions, while customers also receive an online token for each redy transaction, which can be converted into cash that can be spent or donated to charity

CORPORATES
BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, COMMUNITY TELCO AUSTRALIA PTY LTD, PAYPAL AUSTRALIA PTY LTD, SAMSUNG CORPORATION, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES, GOOGLE INCORPORATED