Category: News
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Report shows Australian coalmines are one of the riskiest investments in the world
According to a report from the Oxford University, Australian thermal coalmines are some of the riskiest in the world for investors because of their exposure to environmental dangers. The report – which was supported by Norges Bank Investment Management, managers of Norway’s government pension fund, the world’s largest sovereign wealth fund – also found that Australian,…
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How Much Google Paid The Man Who Owned Google.com for 1 Minute
When researcher Sanmay Ved saw “Google.com” available for purchase on Google Domains in October he purchased it for a total of $US12. For a grand total of 1 minute he owned “google.com” until Google quickly realised and cancelled the purchase. They later gave him an undisclosed reward, which he only described as “very Googley” in…
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Facebook Takes On Periscope
After 5 months of tweaks, Facebook is opening its Live feature to all U.S. iPhone users and plan to roll out to the rest of the world over the next coming weeks. On Periscope, videos can be re-watched only during the 24 hours after it was broadcasted whereas Facebook Live allows endless replays. To share…
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Gina Rinehart is no longer Australia’s richest person
Gina Rinehart until now held the title as Australia’s wealthiest individual, but that applies no longer since the global fall in iron ore prices. Rinehart has lost billions since the fall according to Forbes magazine, allowing Blair Parry-Okeden to take her place as richest person in Australia. Blair Parry-Okeden is a naturalised Australian who lives…
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My Little Pony Sued Over Illegal Font Use
It’s a battle of the ‘Bros’ with fonts company Font Bros suing toymakers Hasbro for illegally using their font on the My Little Pony website and marketing materials. The font called ‘Generation B’ requires a license to be used and initially costs $20. The cost increases depending on how many people are likely to see it…
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Google beats Facebook in the race to Artificial Intelligence milestone
A breakthrough that has been pursued for more than 20 years has been reached today by Google DeepMind. The team has taught a computer program the ancient game of Go, which has long been considered the most challenging game for an artificial intelligence to learn. Not only has the program been successful in playing the…
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Stan signs huge deal with Showtime
Australian streaming service, Stan, has announced that it has signed a long-term, exclusive licensing agreement with Showtime. The deal goes live this week and gives Australians access to all future Showtime series as well as many of their existing titles. Showtime’s newest show, Billions, premiered this week on Stan with the first episode also screening on…
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Facebook Q4 Earnings
Facebook reported fourth-quarter financial results on Wednesday that crushed revenue and earnings forecasts. The social media giant has grown 14% to 1.59 billion monthly active users and easily beat Q4 estimates. “2015 was a great year for Facebook. Our community continued to grow and our business is thriving,” said Mark Zuckerberg. Here are the statistics you…
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Zika Virus Outbreak
The mosquito-borne Zika virus has spread to more than 20 countries after its outbreak in Brazil. The symptoms are flu-like aches, joint pains and rashes although some people don’t have any. Brazil’s Health Ministry said in November that Zika was linked to a fetal deformation known as microcephaly where infants are born with shrunken brains…
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Fuel Giveaway Brings Traffic to a Standstill.
E10 unleaded fuel dropped to a record 0 cents per litre at Fyshwick in Canberra earlier today, prompting motorists to queue for hours in the hopes of snagging a bargain. Although it seems highly incredulous, this was an intentional move from the Metro Petroleum on Barrier Street, with the special price deliberately timed to generate…