Category: News
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Snapchat files for IPO
Snap Inc, the parent company of Snapchat, has recently filed a confidential initial public offering (IPO). Reuters reported that Evan Spiegel’s company could go public as soon as March. The social networking platform, which is valued at $20-25 billion, will be a step closer to the biggest U.S. stock market debut since 2014. Latest reports from…
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Trump plans to deport 3 million immigrants
In a 60 minutes interview, America’s new president-elect, Donald Trump, said that he has plans to deport or jail 2 to 3 million immigrants. He has showed no hesitation over mass deportation and carrying out hardline immigration policy proposals. In the first TV interview since the election we hear Trump say, that he will work on…
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Remembrance Day in 2016
Exactly 98 years ago today, at approximately 11am, silence echoed throughout the Western Front, marking the end of a 4 year warfare that claimed the lives of millions and over 60,000 Australians. This day would become monumental piece of Australian history as the tradition of Remembrance Day would be born, where Australians across the country…
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The future for Trump’s businesses
As Donald Trump has been made president of the United States, questions have now risen concerning the future of Trump’s businesses. Trump is currently the chairman and president of the Trump Organisation, a conglomerate owning properties on a global scale, which includes hotels, golf courses and commercial spaces. While the Trump Organisation is primarily real estate based, the company is…
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Donald Trump elected as 45th US President
In the early hours of Wednesday morning, Republican Donald Trump was officially announced as the 45th president of the United States. The news itself caused outraged amongst US voters as over 500 protestors took to the street in and around the University of California, shouting anti-Trump expletives along with the chant ‘not my president’. These…
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Dreamworld’s Thunder River Rapids will be closed permanently
Dreamworld has this morning announced that their Thunder River Rapids ride will be permanently closed following the four tragic deaths it caused last month. On 25 October, Canberra siblings, Kate Goodchild and Luke Dorsett, as well as Roozi Araghia, Mr Dorsett’s partner and Cindy Low, a Sydney woman, passed away on the ride when their raft flipped…
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Google’s investment branch adds Snapchat and Airbnb to investment portfolio
A sub-brand division of Google’s parent company Alphabet, called Capital G (previous known as Google Capital) has made two new investments both of which are going to shake up the tech market. The firm has backed both parent company of Snapchat, Snap Inc and home-sharing app, Airbnb. Capital G has a focus to add value to start up…
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Uber is rebuilding its app from the ground up
It has just been revealed that Uber has this week undergone a complete overhaul, with a primary focus on improving the app’s speed and efficiency. “It’s not just a normal update,” Uber CEO, Travis Kalanick said during a press briefing at Uber’s San Francisco headquarters earlier this week. “This is a radical redesign and rebuild of the…
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Apple has been granted a patent to develop foldable iPhones
Apple has just announced they’ve been granted a patent that will allow them to develop a high-tech foldable iPhone. The tech giant revealed yesterday that they applied for the grant three years ago, but kept it under heavy wraps by lodging the application under the names of individual designers instead of the company. The patent application…
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Who are the 5 Richest People in the World Right Now?
From a University drop out to the founder of the World’s largest fashion retailer, we have a look at the top 5 Richest People in the World as listed by Forbes Magazine in real time and what got them to where they are today. 1: Bill Gates Real Time Net Worth: $81.8 Billion Age: 61 years old Source…