Category: News
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Microfinance: From Empowerment To Tragedy
Microfinance has been dubbed a method of empowerment in impoverished communities. With the backing of many leaders including India’s Prime Minister Narendra Modi, it is a financing movement that has taken off. Micro financing aims to give small sums of money in banker’s terms to individual people for small business ventures. Over the past few…
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Telstra has another outage
For the second time in the past two months, Telstra’s network went down. Last night a problem triggered many customers to be disconnected from the network and then when the telco attempted to reconnect them there was too much congestion. The disconnection started happening around 6pm and it was not until an hour and a half later…
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From The Classroom To The Boardroom
Today the University of Technology Sydney (UTS) releases its MBA in Entrepreneurship. This marks the start of a new age in business education with the rise of budding entrepreneurs at an all time high but access to venture capital proving to be exceedingly difficult. There has been a gap in the market for university courses…
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The Rise Of The Drone School
Drones are increasingly becoming viable means of doing things. Whether it is filming, delivering small packages, being used as a weapon or just a new toy the drone is finding its place in society and its niches in the market. Drones work kind of like a remote controlled helicopter and due to their small size,…
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Nike release first ever self-lacing shoe
In case you thought we all couldn’t get any lazier, Nike has proved us all wrong by releasing their first ever self-lacing shoe. The HyperAdapt 1.0 was unveiled at the Nike Innovation Summit and Nike are calling the concept “adaptive-lacing”. You should be able to simplify your life with these self-lacing shoes as early as the…
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Latest Ford Falcon sells out in a day
Ford released their last (and fastest) ever Falcon “Sprint” yesterday and all 1400 cars have been sold already. The car company will officially be shutting down it’s Australian factories in October therefore dealers were quick to snap up the latest edition. Ford has made it clear that it cannot and will not build anymore. Of…
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Instagram becoming like Facebook
Your Instagram feed might soon look a lot like your Facebook one. In an Instagram blog post this morning, they announced that to improve your experience, they hope to change the feed by showing the moments they believe you will care about the most. Currently, Instagram posts are in reverse-chronological order but similarly to Facebook this…
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Abandoned Macca’s Ship to get a $4.5 Million Makeover
A floating McDonald’s restaurant known as McBarge that was abandoned in Canada is finally getting a well overdue makeover. The ship was originally built in 1986 costing about $12 million. It was purposely constructed for the World Fair Expo in Vancouver but in 1991 was towed from False Creek to Burrard Inlet where it was…
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Telstra pulls out of Philippines joint venture
Telstra have announced that although they had major plans with beer and food giant, San Miguel to build a new mobile network in the Philippines, this will no longer go ahead. Negotiations began August last year, where Telstra planned to take on local telcos by investing billions of dollars into the venture. Telstra chief executive,…
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Facebook v. Snapchat
Ever since Snapchat became one of the big players in the social media world, Facebook has done it’s best to stay ahead of their highly successful competitor. Mark Zuckerberg actually really wanted to buy Snapchat (for $1 billion) but being turned down meant they would need to do whatever it takes to compete. Facebook recently…