Cabcharge welcomes legalisation of Uber
Despite being involved in a taxi booking app that was initially shuttered, Cabcharge has welcomed the NSW government's decision to make ridesharing service Uber legal.
Despite being involved in a taxi booking app that was initially shuttered, Cabcharge has welcomed the NSW government's decision to make ridesharing service Uber legal.
Department of the Prime Minister and Cabinet has launched a public-private partnership in an initiative it hopes will support data-driven innovation in the country.
The New South Wales government has announced a review of the CTP scheme in the wake of legalising point-to-point transport, saying previous guidelines do not take into consideration vehicles registered for ridesharing purposes.
With support from ANZ and NAB, Stone & Chalk has headed south, partnering with SproutX to launch its Melbourne-based agriculture and finance technology accelerator hub.
China-based ridesharing service Didi Kuaidi saw over 1 billion rides in 2015, a figure that the company said secures China as the number one ridesharing market in the world.
With its third round of startups about to complete their 6-month residency, Telstra's startup incubator Muru-D has its eyes set on the next wave of budding local entrepreneurs.
The bid for the monopoly on the Chinese taxi industry continues, as Alibaba and Tencent-funded Didi Kuaidi raises $3 billion, off the back of rival Uber, which recently raised $1.2 billion.
Taxi-booking company Uber has reportedly been ordered by the California Labor Commission to pay more than $4,000 in expenses to a driver who it deemed to be an employee.
Sydney wearables manufacturer IoT Group has entered into a reverse takeover deal with Ardent Resources and is expected to list on the Australian Securities Exchange before Christmas.
The country's corporate regulator has licensed the first crowdsourced funding intermediaries under the new money-raising regime.