Startups

President Trump's divisive comments have sparked a debate about politics and free speech, and Facebook employees don't feel they're on the right side.

TikTok parent ByteDance generated US$17 billion ($25 billion) in revenue in 2019, and $3 billion in net profit, eclipsing OG video platform YouTube.

Even as COVID-19 has shaken the hospitality sector to its core, B2B booze marketplace startup Kaddy has raised $3.5 million as it accelerates growth.

Scooter-sharing startup Beam has bagged $38.6 million, with the funding flying in the face of the assumption that ride-sharing is somewhat out-of-favour.

Sarah Liu says now is the time for out-of-work women to go after tech careers, and through ShePivots, she’s giving them the tools to do it.

Aussie ‘larrikin unicorn’ Culture Amp has laid off 8% of its workforce, CEO Didier Elzinga has confirmed, as the startup feels the effects of COVID-19.

Aussie-founded self-driving car startup Zoox is reportedly in acquisition talks with Amazon, in a deal that will have ramifications for Aussie investors.

Atlassian is sharing its in-house COVID-19 employee survey with the public, in a bid to help other businesses support their staff during the pandemic.

Alternative lending startup Funding.com.au has secured $5 million from Equity Venture Partners for its peer-to-peer mortgage marketplace.

E-commerce startup Preezie has secured $575,000 in seed funding, from Skalata Ventures and a handful of angel investors, during a particularly tricky time.

Brisbane startup GO1 has raised $61 million in Series C funding, as the COVID-19 crisis accelerates a global takeup of corporate edtech.

The Queensland government bids to save Virgin Australia, a VC firm is crowdsourcing ideas to boost COVIDSafe uptake, and Uber kinda bows to pressure.