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A personal predicament turned into a game-changing solution

Meet Michael Chmielewski, founder of Brane.

Author

Maziar Foroudian
May 06, 2024

Latest Stories

Uncover the secrets to harmonizing employee well-being and productivity in our fast-paced society. Explore expert strategies for creating a balanced work environment that ignites efficiency and prioritizes mental health.

Ever felt lonely amidst a crowd? Brane, an Australian app, is revolutionizing the approach to social interaction by providing instant connections based on shared interests. Find out how a personal predicament turned into a game-changing solution.

Reports reveal an 80% increase in businesses at serious risk of failure since 2023. Discover how industries such as retail, food services, and construction face the greatest threats in our new detailed commercial risk analysis.

Lost in a company's labyrinth trying to resolve your issues? Discover how businesses' siloed approach is backfiring and what's replacing traditional marketing roles for customer satisfaction.

Have a sneak peek at the industry-leading cloud backup services for your business, designed to help SMEs protect valuable data, reduce costs, and enhance operational efficiency.

70% of businesses fail to scale internationally - find out why and how to avoid this pitfall. Discover the key attributes of successful global businesses from the expert insights of Trena Blair in her debut book, Decoding Global Growth.

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Top stories

Investing in a custom eLearning platform allows businesses to meet unique learning needs, control development, improve privacy, and eliminate redundant features. This ensures long-term stability and reduces risks associated with relying on outside solutions.

The Australian Technologies Competition (ATC) for 2024 is now open for local startups to showcase their potential. With new categories such as Best Tech Journalist, the competition offers networking, mentoring, and a chance to win the overall 'Australian Technology Company of the Year' Award. Entries close on May 24.

Australia

Quadrant Private Equity acquired a $500 million stake in design giant Canva, becoming a shareholder alongside VC fund Blackbird. This marks a shift in Quadrant's investment strategy, as they typically focus on buyouts.

Melbourne-based design platform Envato is set to be acquired by Shutterstock for $372 million. This deal marks a significant exit for the Australian tech sector. The acquisition will expand Shutterstock's offerings and subscriber base.

Jurlique's CEO, Loic Rethore, emphasizes the psychological importance of their all-natural skincare products, aiming to create daily rituals for customers. With a focus on sustainability and quality, Jurlique is positioning itself for continued global success.

Victorian Premier Jacinta Allan faces pressure to rein in spending and manage the state's $126 billion debt, with warnings from economists and ratings agencies against following Queensland in giving $1000 energy handouts.

Australian Economy

Marcel Thieliant of Capital Economics predicts the RBA may increase rates immediately due to unexpectedly high inflation. History shows RBA reacting to 1% or higher quarterly inflation with rate hikes, though Luci Ellis of Westpac remains cautious.

World

The Small Business Administration (SBA) reports federal agencies exceeded their FY23 contracting goal, awarding 28.4% of federal contract dollars to small businesses. Top agencies include Agriculture, Homeland Security, and the SBA itself. $178.6 billion was invested, supporting over a million jobs.

Small businesses in LA suffered from the Hollywood Double Strikes last year, but now the Entertainment Business Interruption Fund aims to help. Other grant programs like Fund Her Future and Robust Retail Grants are also available to support small businesses nationwide. Apply now!

A cooler-than-expected jobs report on Friday sparked hopes of rate cuts from the Federal Reserve, leading to a 1.3% rise in the S&P 500. Investors are now anticipating potential rate cuts earlier than initially expected.

Tech

Microsoft has explicitly banned police departments from using its AI models for facial recognition. The new language in its Azure OpenAI collaboration prohibits police from using the technology to identify suspects or verify identities.

AI is revolutionizing small business marketing by personalizing outreach and targeting ideal audiences. Strategic Marketing West 2024 brings together experts to share insights on leveraging AI tools for high-quality content creation and effective campaigns.

Google showcased its evolving streaming ad offerings at the IAB NewFronts, aiming to provide advertisers with unified solutions to reach fragmented audiences. With Google's Display & Video 360 platform, managing video campaigns becomes more efficient and effective.

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Get lifetime access to Consultio Pro for £23.90, saving 84% on list price. This innovative software provides access to 50+ AI experts across various fields, offering real-time data-driven insights and support for businesses of all sizes.

Mobile apps are driving fundamental changes in our digital landscape, with 20% finding new brands through apps. Key statistics reveal 88% of mobile time is app-based, with over 6.3 billion smartphone users globally. The mobile app industry's revenue is expected to surpass $935 billion in 2024.

Discover various revenue opportunities for businesses, from leveraging promotional items to setting up donations on Twitch. Explore the financial implications of incorporating and gain insights on growing an email list with opt-in forms in this informative small business community round-up.

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