Tag: business
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Yahoo hackers stole information from 500 million users
Yahoo has just confirmed hackers stole personal information from approximately 500 million users in 2014. The breach has been classified as the largest publicly disclosed cyber-breach in history, but we’re only being told about it now. Although Yahoo announced it was investigating a data breach earlier this summer, at the time they believed only 200 million accounts…
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Six Australian universities ranked among best 100 in world
According to the The Times Higher Education university rankings that were released today, six Australian universities have been ranked among the best 100 in the world. The University of Melbourne was once again the country’s highest ranking university, with it jumping eight places since 2015 to equal 33rd. Next was the Australian National University ranked at 47th, the University of Queensland and…
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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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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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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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How to boost your LinkedIn Profile
In a highly competitive job market, it’s easy for your skills and abilities to be lost amongst the thousands of other highly qualified applicants. Known as a professional Facebook, LinkedIn is a way for a potential employer to gain a more personal insight into the type of person you are and what you can offer to…