Mindblown: a blog about philosophy.
-
The Mac Pro is finally getting an overhaul
The Mac Pro was Apple’s answer to converting PC fans to the brand. After its fairly unheralded release in 2013, the Mac Pro is getting a much needed upgrade. The Mac Pro was released and then Apple did nothing with it, leaving fans who wanted to convert to Apple confused. It was the answer to…
-
Rio Tinto hit with $447 million tax bill
Mining giant Rio Tinto has been hit with a $447 million tax bill by the Australian Tax Office (ATO). The London based company released a statement last night which revealed that they had been hit with the massive expense. “The Australian Commissioner of Taxation has issued amended income tax assessments to Rio Tinto for the…
-
Tesla stock is worth more than Ford
Tesla stock has stunned the stock market by overtaking the 115 year old company Ford in stock value. Tesla’s market cap was US$47.46 billion (AUS$62.5 bn) yesterday, whereas Ford’s market cap decreased to US$44.89 billion (AUS$59 bn). This sudden drop in Ford value is due to recent bad news announced by the company, which contrasted Tesla’s good news. Tesla reported an…
-
Apple iOS update could kill App Store
Apple users could be in for a shock with the latest Apple iOS update, as many apps are apparently incompatible. Beta users of the iOS 11 update found a little warning dialog box pop up when they opened some of their apps. It said: “This app will not work with future versions of iOS”, instead…
-
Senate defeats changes to Racial Discrimination Act
The Senate has defeated proposed changes to the language of Section 18C of the Racial Discrimination Act in a late-night session. The Government’s proposal had been to alter the language constituting what could be considered an race-based offence, replacing the uses of the words “insult”, “offend” and “humiliate” with the term “harass”. The move has…
-
Telstra loses fight over copper network prices
Mobile service provider Telstra has lost its battle against a ruling to cut the amount it can charge its customers for access to its copper network. The Australian Competition and Consumer Commission (ACCC) ruled in 2015 that Telstra was required to reduce access prices to its fixed line network by 9.4%. The move could potentially cost the…
-
Premier Investments confirms stake in Myer
Premier Investments has been announced as the largest stakeholder for the retail giant Myer. In a statement to the ASX, Premier Investments confirmed that it has bought a 10% stake in the retailer, after much speculation over who had bought the shares. “Premier Investments Limited has made a strategic investment of 10.77% in Myer Holdings…
-
New home sales barely rise in February says HIA
Figures from the Housing Industry Association (HIA) have shown that new home sales have barely risen in February. New home sales have only risen 0.2%, with almost no movement in the sales of detached and multi-unit homes. “There was very little movement in the two sub-series with detached house sales ticking down by 0.1% in…
-
Government announces code of conduct to resolve sugar dispute
The Federal Government has outlined plans to implement a code of conduct for the Australian sugar industry in an attempt to curb the dispute between cane-growers and refiners in North Queensland. Sugar refiners Wilmar have been locked in a dispute with industry marketers Queensland Sugar Limited (QSL) over mill access and sugar prices, leaving cane-growers…
-
Australia is becoming a cashless society
Australia is well on its way to becoming a cashless society. There are more and more people using smartphone apps such as ApplePay to pay for everyday transactions online instead of carrying cash. Australians are increasingly turning to digital means to arrange and pay for everyday tasks, such as using apps like Deliveroo to get food delivered…
Got any book recommendations?