Category: Technology
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Bitcoin value overtakes gold for first time
The digital cryptocurrency known as Bitcoin has exceeded the value of gold for the first time since the introduction of the payment method in 2009. Demand for the digital currency has skyrocketed in recent times,particularly in China. Its stock price closed today at a base value of US$1268, with an ounce of gold trailing it at…
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Yahoo CEO reprimanded in fallout from data breach
Yahoo CEO Marissa Mayer has agreed to forgo her annual bonus due to the multiple data breaches the technology company suffered during her tenure. Marissa Mayer, who became CEO of Yahoo in 2012, released a statement on Tumblr that announced that she was giving up her annual bonus and equity grant because of the data breaches. “I…
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Amazon cloud crash disrupts Internet users
A major server controlled by Internet giant Amazon crashed briefly yesterday, causing widespread disarray amongst Amazon Cloud users and varying problems for major websites including Netflix, Adobe, AirBnB and the Harvard Business Review. The Amazon S3 server is used by around 1% of the top 1 million websites, according to SimilarTech. Amazon itself described the problems…
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Boston Dynamics unveil intimidating new robot
Boston Dynamics are the Google-owned robotics team who have terrified the world with Spot, the robot dog. The company have been committed to changing what the world knows about robotics in terms of mobility, agility, dexterity and speed within robotics. Many people believe that they’ve done that with their new robot, Handle. Handle is a 1.98m robot that…
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Legal hacking startup just got $40 million for growth
Although hacking is usually considered negative, this legal startup facilitates a connection between companies and ethical hackers. HackerOne is a marketplace where companies can pay hackers to identify and rectify security flaws in their software. The company has just raised $40 million in venture capital funding to allow them to continue to grow and expand.…
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Telstra launched mobile network 10 times faster than NBN
Mobile internet has now surpassed the speed of the National Broadband Network (NBN) with Telstra’s new mobile network. Telstra today launched the world’s first Gigabit LTE network, which is capable of internet speeds ten times faster than those of the NBN. At a media demonstration in Sydney, a computer connected to the Gigabit LTE network…
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Tweeting will get you flight updates at Sydney Airport
It’s the travel update for the social media generation; a travel assist service that allows you to get up-to-date flight information by tweeting your flight number. Travellers can get real-time information in 41 languages from Sydney Airport by tweeting questions. This highly accessible service will allow travellers to plan their trips easily before even reaching the…
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Pennybox app will teach kids financial literacy
Pennybox, the newest start-up to break into the $1.5 billion pocket money market, will teach children about financial literacy. The financial technology start-up has been designed to use pocket money to teach children about the cycle of earning, saving, and spending. Unlike Commonwealth Bank’s Dollarmites Club (which I’m sure we all remember) or Westpac’s new…
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Atlassian works towards gender equality in tech
Australian founded workplace solutions company Atlassian is making strides towards gender equality in technology with their graduate intake. This year’s graduate intake for US$6 billion company is comprised of nearly 60% women. This represents a massive increase on last year’s 17% women graduate figure. Female representation in technology industry is an ongoing challenge that needs to…
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Australian MPs, police, and judges targeted in email hack
The private email accounts of thousands of Australian government officials, Australian Federal Police, judges and members of Parliament have been exposed in a massive data breach at Yahoo. The hack, which is thought to be the biggest in the world, impacted one billion accounts. The ABC reports that the private data of 3, 400 high profile…