Once the hottest tip on the New York Stock Exchange, WeWork, who turned redesigning and refurbishing office space into a billion-dollar business, is facing mountainous financial pressures over allegations it might have overstated its value by 50 per cent and has delayed its IPO indefinitely.
Startup bank Xinja has cleared another hurdle on its way to realising its ambition to become a major disruptor in the Australian retail banking system by offering better service and home loans that take just seven minutes to approve.
Minister for Industry, Science and Technology Karen Andrews said she wanted to hear as many voices as possible to finalise the $18 million Boosting Female Founders Initiative, announced as part of the Government’s Women’s Economic Security Statement.
Nestle, the world’s biggest food manufacturer is trialling new technology allowing customers to transparently trace ingredients in the company’s food back to their original source and exposing any risk of palm oil being included.
A nurse and midwife has cracked the medical language barrier by producing an app to guide non-English speaking women through the Australian health maze by translating their medical problems to ensure they get speedier attention from doctors.
After four years of research and trials, the first truly hands-off automobile parking scheme has been opened, appropriately enough, at the Mercedes Benz Museum in Stuttgart, Germany.
Another tech multi-millionaire has joined the expensive incursion into the Sydney property market by snaring a spectacular $10m penthouse on the Ben Buckler cliff face with sweeping views of iconic Bondi Beach.
