News: Money

Instagram Hacked: Hundreds of User Accounts Hijacked

Tuesday  20:06,   14 august 2018

Instagram users are flooding the company's Twitter account with requests for help.Frustrated Instagrammers are messaging the official Twitter account to ask for assistance. Each case appears to show the same type of attack, with email details[...]
News / Money

Musk says talking to Saudi fund, others on Tesla buyout

Tuesday  17:57,   14 august 2018

By Supantha[...]

Nvidia unveils new GPU architecture for computer graphics rendering

Tuesday  16:31,   14 august 2018

The Turing Architecture combines ray-tracing and AI inference for a new kind of hybrid rendering.The Turing architecture combines dedicated hardware acceleration of four core elements: AI, ray tracing, programmable shading and simulation. It[...]

NASA’s sun-kissing spacecraft will go 250 times faster than a bullet when it hits its stride

Tuesday  09:30,   14 august 2018

The Parker Solar Probe is finally on its way. Long before dawn on Sunday, the Delta IV Heavy rocket stood ready again. This is the second most powerful rocket in operation, bested only by SpaceX’s Falcon Heavy. This time, as the engineers[...]

Messenger Kids rolls out passphrases so kids can initiate friend requests themselves

Tuesday  09:30,   14 august 2018

Facebook is making it easier for kids to add their friends on its under-13 chat app, Messenger Kids. Parents can opt to use this feature, which is not on by[...]

How one entrepreneur managed to pour three gold bars in the NT outback with a 130-year-old mill

Tuesday  08:52,   14 august 2018

When the Edna Beryl gold mine opened in Tennant Creek, it had a life expectancy of six to eight months, but production slowed down when a gold mine and mill at Pine Creek closed, meaning there was nowhere to process the[...]

Twitter Lite is now available in 21 more countries

Tuesday  08:52,   14 august 2018

Many of us want to engage with the rest of the global society, whether we live in major cities with blazing fast mobile connections or areas where data is prohibitively expensive or slow. Load[...]

Suncorp used 'tax surplus' for admin rather than return money to members

Tuesday  06:55,   14 august 2018

Suncorp's superannuation trustee used tax refunds within funds to purchase administrative services from other parts of the financial conglomerate.As part of its scrutiny of superannuation trustees, the Hayne royal commission on Monday afternoon[...]

Domino's Pizza savaged after falling short on profit and sales growth

Tuesday  06:30,   14 august 2018

Shares dive as much as 12 per cent after the fast-food giant reveals it missed its profit guidance and sales targets.The pizza chain on Tuesday reported normalised net profit after tax of $136.2 million for the year to July 1, up 15 per cent from[...]

Banking royal commission: NAB accused of delaying compensation confession to ASIC for PR purposes

Tuesday  04:56,   14 august 2018

NAB has been accused of delaying telling the corporate regulator about a substantial increase in remediation payments to customers, in order to stop adverse publicity from upsetting an annual results presentation. The accusation follows the [...]

A pillow case of cash, a broken jaw and an outgoing executive

Tuesday  04:05,   14 august 2018

It was a memorable moment for the outgoing chief financial officer of Rio Tinto, Chris Lynch, early on in a high-flying business career.It occurred one morning in Geelong in the 1970s and was far removed from the mining industry when a prospective[...]

The owner of John Cootes Furniture is shutting down the old-school retail chain

Tuesday  03:55,   14 august 2018

<p>The owner of John Cootes Furniture is closing down the iconic furniture retail chain which was known for its TV ads in the 1980s and 1990s.</p>About 90 full-time staff and 45 part-time staff will lose their[...]

Australia's Capilano Honey gets $189 million bid from consortium

Tuesday  02:56,   14 august 2018

Australia's Capilano Honey Ltd said a consortium of China-focused Wattle Hill RHC Fund and Roc Partners agreed to buy the company for $189.8 million.The deal, which comes at a time of enormous Chinese interest Down Under, will offer the honey[...]

Woolworths charges man for bringing in his OWN reusable shopping bags – but the supermarket giant claims a computer glitch is to blame

Tuesday  02:06,   14 august 2018

A Cairns man was charged eight cents for bringing in his own reusable shopping bags to Woolworths last week.Woolworths has charged a man for bringing in his own reusable shopping[...]

Australian dollar at 1-1/2 year lows on risk off trade, kiwi soft

Tuesday  02:06,   14 august 2018

<p>"Risk-off is never good for the Aussie dollar," said Greg McKenna, chief market strategist at AxiTrader.</p> The Australian dollar skidded to 1-1/2 year lows today as investors drove to perceived safe-haven currencies following a [...]