Mindblown: a blog about philosophy.
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Vegemite is Australian again with $460 million deal
Bega will buy most of US-based Mondelez International’s Australia and New Zealand grocery business, which includes Vegemite, ZoOSh salad dressings and Bonox. The iconic spread, which symbolises nationalism to many Australians, is an important acquisition for the dairy company. “The wonderful heritage and values that Vegemite represents and its importance to Australian culture makes its combination…
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Deutsche Bank pays $9.5 billion for contributing to GFC
Deutsche Bank this week reached a final settlement with the US Justice Department over their handling of mortgage-backed securities prior to 2008. The bank agreed to pay $9.5 billion (or US$7.2 billion) and admitted to misleading investors. Deutsche Bank admitted to misleading customers about the loans underlying the securities, including falsely claiming that loans had been…
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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…
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Prices rise in Australian supermarkets
Prices are rising in Australian supermarkets, particularly for fresh fruits and vegetables, research shows. There has been a strong rise in supermarket produce prices for the first time in 18 months, according to Deutsche Bank. The supermarket sector has been under pressure from German budget supermarket Aldi, which has been driving prices downward. However, prices…
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Greenpeace says Netflix isn’t environmentally friendly
Greenpeace recently released a report detailing the carbon footprints left by video streaming services such as Hulu and Amazon Prime. Unfortunately, our favourite video streaming services are not having a great impact on the earth. All the Netflix binges we indulge in are streamed to our phones, laptops and TVs through servers that utilise a…
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WATCH: “Becoming Warren Buffett” trailer
Warren Buffett is a household name as one of the world’s most successful and respected billionaires, yet he has got another achievement to add to his already very lengthy list. ON 30 January, HBO will air a documentary on the legendary investor. The documentary, “Becoming Warren Buffett”, will tell the story of Buffett’s life mostly…
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The US successfully tested drones as weapons
Many people are wary of the potential applications of drones and the implications for violation of fundamental rights, and it seems this fear is well-founded. This week the Pentagon announced that it has tested drone technology capable of sophisticated swarming conduct. According to the Department of Defense, this conduct includes collective decision-making, adaptive formation flying, and self-healing. The demonstration…
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How to speak up to your boss
It’s really difficult to work hard and feel appreciated in a job when you’re feeling under pressure. Maybe there are new people in your team, or your boss hasn’t listened to your ideas, whatever it is, you need to air your concerns. You should never do so in a public display of airing your dirty laundry,…
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Apple granted patent for edge to edge design
Apple have been granted the patent for an edge to edge design that coincides with details leaked about the launch of the iPhone 8. While some have been quick to dismiss the patent because Samsung have already released their own version of a curved edge to edge display, it should be noted that Apple applied for…
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Yahoo CEO Marissa Mayer is quitting
Yahoo CEO Marissa Mayer is set to leave the company after Verizon’s acquisition is completed. Verizon has purchases the core services formerly run by Yahoo, including email, blogs, apps and sports, in a deal that is expected to close in March this year. Mayer has announced she’ll be leaving the Yahoo board, joined by other departing…
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