Here’s the tech news for Tuesday:
1. The brains behind failed startup Guvera blames his capital partners for the collapse – and still has faith in the business idea. The music streaming startup is now under ASIC investigation for taking and losing $185 million from investors, much of it from ordinary folks that should not have been put into such a situation. The man that started it all, Claes Loberg, says that he has lost a lot too and is seeking to start afresh with new collaborators. Read more on the saga.
2. The private Medicare data of Australians are reportedly on sale on the dark web. For $30 in Bitcoin, anyone can submit the name and date of birth of an Australian to receive their Medicare details in return. The accuracy has been verified by The Guardian, after it bought the private info of a staff member. Read more here.
3. The government has added back some tech jobs to the skilled immigration list. After the tech industry’s outcry on the removal of the 457 visa in April, 36 jobs have been added to the program. And what’s more, many positions, including CEO and CIO, have been upgraded to from the two-year tier to the four-year tier, meaning they now have a pathway to permanent residency – a major lure in attracting overseas talent. Read the reactions from two startup industry leaders.
4. A group of prominent Australian startup figures have issued a united statement against sexist culture in the tech industry. Executives like former Lighthouse chief Annie Parker, Reinventure’s Simon Cant, Seek founder Paul Bassat and Rampersand manager Eloise Watson have acknowledged that such problems are not just contained to Silicon Valley and how the Australian startup community is now determined to call out and eliminate sexist behaviour. Read the full statement here.
5. Some people might have been in a panic this morning. The Nasdaq accidentally put out test data onto its live feeds, meaning public services like Google Finance and Yahoo Finance were showing major tech stocks like Amazon and Google as having crashed more than 80%. Read more on the terrifying mistake.