Mindblown: a blog about philosophy.
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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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Australian trade surplus falls by two-thirds
Australia’s trade surplus has fallen to $1.3bn for January 2017, a drop of almost two-thirds from December 2016’s significant $3.3bn surplus. This surprising decline defied the expectations of many market experts, who had predicted further growth in the surplus following the record-breaking surplus recorded for December 2016. However, economists have been quick to address the situation, stating…
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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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Trump takes lead from Australian immigration
In his first major address to the US Congress since taking office, US President Donald Trump laid out plans for the adoption of an Australian-style immigration plan that would “save countless dollars [and] raise wages”. Mr Trump said that the adoption of the merit-based system would benefit struggling families by making millions more jobs available…
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Housing prices surge in Sydney and Melbourne
Housing prices have surged again, hitting their highest point since the early 2000’s. This represents the quickest annual growth seen on the housing market in over a decade. Unfortunately for first time owners, investment property buyers are buying properties in the countries’ two most populous cities, Sydney and Melbourne. This is due to the Reserve Bank cutting interest…
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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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Dairy farmers call for greater regulation of word “milk”
Dairy farmers are calling for greater regulation surrounding use of the word “milk”. Specifically, the farmers are unhappy that plant-based products are able to use the term “milk” for their dairy alternative products. Dairy Connect is a NSW lobby group for farmers that is leading the call for increased regulation of the dairy terminology. The group…
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Affordable islands you can buy early in your career
One of the biggest complaints among working people is the struggle of balancing work and life to maintain equilibrium. This is especially difficult early in a career, when you’re trying to prove yourself to superiors and colleagues. It can be easy to lose sight of life, or to burn out. Sometimes you can feel like running off and…
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Why your business should embrace slow growth
When you’re starting a business, you want to see results quickly. You want to know that you’re doing the right thing and you want to see tangible chartable proof. However, research has shown that this fixation with fast growth may hinder more than it helps in the long term. Research conducted by Yale University has…
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