Melbourne-based tech startup Feedcorp has spent the last year indexing thousands of content feeds generated by Australian Web sites and blogs, and plans to launch a localised search engine next month.
Wollongong-based IT startup Omnidrive has already attracted over 9,000 people interested in testing its fledgling online storage solution, despite having opened the doors for applications just one month ago.
The global financial crisis might have tarnished some of Silicon Valley's lustre, but for many Australian technology entrepreneurs who have migrated to the US, it hasn't lost its bright shiny status.
Only a few years ago Atlassian and Omnidrive were the flag carriers for Australia's Web 2.0 movement. But recent developments have shown just how different the outcomes for start-up companies and entrepreneurs can be.
South Australian distributed backup start-up Memory Box splits up users' data and spreads it in encrypted form across many customers' PCs. But can the company build trust amongst customers who could be worried about their data being stored on other people's hard drives?
Questions are being raised this morning about whether high-profile Australian Web 2.0 start-up Omnidrive has closed its doors, with the company's site being replaced by what appears to be some form of newsletter service offering financial rewards.
Troubled online storage start-up Omnidrive late last week said it was continuing to develop its products and was examining the potential to merge its technology with that of other companies.
If there is a Web 2.0 version of heaven, it must be Webjam. Last night Sydney's Bar Broadway was packed to the nines as 18 presenters got three minutes each on stage at Webjam 8 to show off their hot Web work. We were there to see it all go down.
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