Mindblown: a blog about philosophy.
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Myer’s successful turnaround due to focus on ‘wanted brands’
Myer chief executive Richard Umbers has plenty to be happy about with his turnaround plan being off to a fantastic start. Umbers recently announced that the company has more than doubled its full-year profit to $60.5 million and has grown sales revenue by three percent. Umbers claims that the increase in sales has come from focusing…
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Apple’s new iOS 10 update causing major problems for users
Apple’s recent software update, iOS 10, didn’t quite receive the praise Apple was expecting following its release this week. In fact, it caused major problems for many people. According to a number of social media complaints, users were not happy. They encountered several installation problems, and for some the update process even failed. On screen error…
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Psychopaths are as common in the business elite as they are in prison
The Wolf of Wall Street persona that is often portrayed in Hollywood has begun to seep into reality it seems, with research showing that 1 in 5 corporate workers may indeed be psychopaths. With the employees exhibiting traits such as self-obsession, ruthlessness and a lack of empathy towards their fellow employees. Australian Forensic Psychologist Nathan Brooks…
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Masters getting more backlash on end days
With customers hoping to get a good bargain at the closing down sale for Masters, they are actually getting rude customer service and seeing staff left to fend for themselves in the heavy rain. The retailer is looking to sell more than $700 million worth of stock in time for their doors to close on…
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Biggest success stories to come out of Shark Tank
It has been 7 years since American TV series, Shark Tank was brought to our screens and while the uniqueness of the shows format and the array of vivid judges are one of the reasons to watch, another is the pitch by the contestants. We look at some of the biggest success stories to come out of…
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JB HI-FI has bought an appliance giant out
Electronics giant JB HI-FI has bought out appliance chain, The Good Guys, for $870 million, now acquiring more than 100% of their competitor. The two will still be separate chains but work together to run both companies smoothly and hopefully to drive prices down. The ACCC gave the all clear yesterday to merge together and work together, despite them…
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Google’s plan to stop ISIS recruits
A multinational technology company that has built up a profit of over $1b has now invested their time and money into making a program that detects any anti-social behaviour relating to the very controversial terrorist group, Islamic State of Iraq and the Levant AKA ISIS. Google’s tech program, Jigsaw which was originally used to reduce hackers,…
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Bill Shorten takes to parliament in bid to pass same-sex marriage bill
Labor party leader, Bill Shorten has introduced new legislation to parliament with an aim to legalise same-sex marriage. This movement from the opposition has come after criticism to the coalition’s original plans to run a plebiscite over the issue. https://twitter.com/workmanalice/status/775124115787173892 The proposed plebiscite which would entice a national vote, means that there will potentially be nationally funded…
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Foxtel announces new rival to Netflix
Move over Netflix and Stan – it seems there will be a new and improved streaming giant on the market come December. Foxtel has been forced to give their existing streaming service, Foxtel Play a complete overhaul in light of “intense competition” with other streaming services. They will soon be offering no-contract and equipment-free packages that are significantly…
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Horror of owning a Samsung Galaxy Note 7
Samsung has told owners of the new Galaxy Note 7 to return their phone back to the factory as the whole line has been recalled due to it exploding when being charged. A New York Times reporter tweeted that no Galaxy Notes must be used on the airline as they have been recalled and could…
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