Business

Best of 25: ‘Profitiness’: Why Canva’s ‘profitable’ right up until it has to file accounts with the government

- January 2, 2026 5 MIN READ

Over the summer break, Startup daily is republishing some of its most read and favourite stories from 2025. Today it’s about Canva’s profitabilty, published in September. It’s just shy of 20 years since US political satirist Stephen Colbert coined the term ‘truthiness’. He described it as “something that seems like truth – the truth we… Read more »

Global tech

US tech is kicking up a stink about the Australian government’s plan for them to pay local media

- December 24, 2025 4 MIN READ

Reactions to the government’s consultation paper on the proposed news bargaining incentive have begun trickling in — and US tech lobby groups aren’t happy. Several Washington-based trade associations have warned the incentive is inconsistent with Australia’s free trade commitments with the US, and one lobby group has warned US President Donald Trump could be moved… Read more »

Fintech

Cheque-in: 6 startups banking a whopping $568.1 million two weeks before Christmas

- December 12, 2025 5 MIN READ

With 12 more sleeps to Christmas, Melbourne-born Airwallex wins the 2025 Australian capital raising stakes with a massive $498 million Series G that values the fintech at $12 billion. Meanwhile, cybersecurity startup Kasada and sole trader accounting platform Hnry also booked $30 million and $26 million raises, respectively. Keep reading to learn more about six… Read more »

Accelerator

Team Techstars Sydney: Meet Briefcase, the case-management platform speeding up legal decisions

- December 11, 2025 4 MIN READ

In celebration of the TechStars Sydney ‘Demo the Future’ evening, Startup Daily is profiling the 12 startups and their founders in the 2025 cohort. Next is Briefcase  – helping the justice system to streamline with tech, without dehumanising it. Briefcase Founder: Kirk Simmons One-liner: Enabling faster and smarter decision-making for justice and arbitration systems What’s… Read more »

Landmine
Global tech

The u16s social media ban doesn’t solve the biggest issue for everyone – how to make online platforms safer

- December 10, 2025 4 MIN READ

The tech industry’s unofficial motto for two decades was “move fast and break things”. It was a philosophy that broke more than just taxi monopolies or hotel chains. It also constructed a digital world filled with risks for our most vulnerable. In the 2024–25 financial year alone, the Australian Centre to Counter Child Exploitation received… Read more »

Global tech

Australia’s social media ban is here – and the world is watching to see what happens next

- December 10, 2025 4 MIN READ

After months of anticipation and debate, Australia’s social media ban is now in force. Young Australians under 16 must now come to grips with the new reality of being unable to have an account on some social media platforms, including Instagram, TikTok and Facebook. Only time will tell whether this bold, world-first experiment will succeed.… Read more »

Global tech

PsiQuantum’s Brisbane build is already running very late

- December 9, 2025 2 MIN READ

PsiQuantum, the US startup backed by Blackbird, and the Queensland and federal governments, is already running several months behind schedule on plans to build its Brisbane facility and deliver the world’s first quantum computer. Founded in Palo Alto in 2016 by four expat Australian professors, PsiQuantum was backed by $940 million in joint funding from… Read more »

AI/Machine Learning

Now you’re hallucinating – OpenAI denies there are ads on ChatGPT, after users complain about seeing them

- December 8, 2025 3 MIN READ

OpenAI insists it is not running ads inside ChatGPT. However, after multiple paying users reported seeing what looked like promotions for Target and Peloton, the company has been forced to clarify what, exactly, is happening. Over the weekend, senior executives from OpenAI responded to screenshots posted on X by ChatGPT subscribers claiming they had seen… Read more »

Accelerator

Team Techstars Sydney: Check out SurfLab – the world’s first progression platform for board sports

- December 4, 2025 4 MIN READ

Ahead of the TechStars Sydney ‘Demo the Future’ evening on December 8, Startup Daily is profiling the 12 startups and their founders in the 2025 cohort. Our next profile is SurfLab  – the platform elevating surfer skills and enjoyment, while also enhancing their community connection. SurfLab Founder: Ant Arena One-liner: SurfLab is the world’s first AI-powered surf… Read more »

Accelerator

Team Techstars Sydney: Meet Sedso AI, which is optimising brand perception for business using AI

- December 2, 2025 4 MIN READ

Ahead of the TechStars Sydney ‘Demo the Future’ evening on December 8, Startup Daily is profiling the 12 startups and their founders in the 2025 cohort. Our next profile is Sedso AI – helping brands to shape their own story with AI. Sedso AI Founders: David Sta.Maria & Silven Epistola One-liner: Sedso is an AI visibility platform… Read more »