News: Money

Bitcoin Thieves Threaten Real Violence for Virtual Currencies

Tuesday  20:13,   20 february 2018
The New York Times

Criminals have been going after big holders of Bitcoin and Ether, taking advantage of the ease with which vast virtual currency riches can be transferred.In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a[...]

Taxis vs Uber: Which is best for you?

Tuesday  20:13,   20 february 2018
MSN

Since Uber launched in Australia in 2012, it's shaken up the taxi industry and made our roads a competitive space.  But now a new passenger levy has been introduced to compensate taxi operators and it's hard to find anyone who's happy about [...]

Iconic Blue Mountains cafe to close after more than 100 years

Tuesday  20:13,   20 february 2018
MSN

For any Sydneysider in the last century who has made the trip up to Katoomba to have a squiz from Echo Point at the Three Sisters, it has also been close to compulsory to travel back up the town’s main street hill to have a drink and a feed at the[...]

ATO urges staff to dob in colleagues who take long lunches, read paper at work

Tuesday  20:13,   20 february 2018
MSN

The Australian Tax Office (ATO) is urging staff to report colleagues who are taking long lunches or wasting time by eating breakfast or reading the newspapers at work. Freedom of Information documents show ATO management has warned staff falsifying[...]

The Australian dollar is treading water

Tuesday  20:13,   20 february 2018
Business Insider Australia

The Australian dollar meandered its way through Monday's trading session with US and Chinese markets on holiday. Here's the scoreboard as at 7.10am AEDT.[...]

NAB axes thousands of jobs despite announcing $5.3 billion profit

Tuesday  20:12,   20 february 2018
MSN

The National Australia Bank has started cutting 1000 jobs - the first of 6000 positions to go over the next three years. The bank this morning confirmed the cuts were beginning."The proposed new structure will reduce the layers and complexity in the [...]

Snapchat now has Giphy integration and will introduce a Tabs function for Stories

Tuesday  20:11,   20 february 2018
The Verge

Snapchat has launched a new feature that allows you to add Giphy animated stickers to your snaps, similar to the one recently added to Instagram Stories just a few weeks ago. Additionally, Snap will introduce a new feature called Tabs,[...]

Kmart chief says the retailer is “failing” customers and will only reach sales targets if the team remains “dissatisfied”

Monday  19:28,   19 february 2018
Smart Company

Kmart is posting big wins even in a challenging retail environment, but its managing director says the retailer will only grow sales if the company remains "dissatisfied".And it’s an approach that one leadership expert says SMEs can learn[...]

Here is the perfect way to end an email -- and 28 sign-offs you should usually avoid

Monday  19:27,   19 february 2018
Business Insider Australia

Writing an email isn't so hard, but figuring out how to sign off can be a real challenge. Is "cheers" too casual? Too pretentious? Too British? Is "sincerely" timeless and professional, or stodgy and overly formal? Perhaps,[...]

More pain for Jamie Oliver’s restaurants with reports Barbecoa steak business for sale

Monday  19:27,   19 february 2018
Smart Company

Celebrity chef Jamie Oliver is reportedly considering selling the steak restaurant business he started in 2011, as part of an ongoing restructuring process that also involves the well-known Jamie’s Italian chain of restaurants.Last week, British[...]

A new form of light could power next-gen quantum computers

Monday  19:27,   19 february 2018
Engadget

Photons are among the most ubiquitous, but loneliest particles in the quantum world -- they're always around us, but never interact with each other. When you throw certain elements together like hydrogen or oxygen, they can bond in[...]

Snap CEO Evan Spiegel sold $50 million in Snap stock -- his first sale since the IPO

Monday  09:42,   19 february 2018
Business Insider Australia

Snap CEO Evan Spiegel sold $US50 million in Snap stock. It's his first stock sale since Snap's IPO. Snap CEO Evan Spiegel sold 2,675,600 shares of Snap last week at a price of $US18.71 per share, a transaction netting him just over $US50[...]

San Diego selling $1 lots: Is this the future of 'affordable housing' for the middle class?

Monday  09:42,   19 february 2018
MSN

What does it take for a middle-class family to be able to buy a house in San Diego, with the county median home price at $540,000 and the median individual salary at just $55,500? In the case of the San Diego Community Land Trust, it means[...]

The former McDonald's burger flipper behind a new cryptocoin

Monday  09:42,   19 february 2018
MSN

Every good journalistic investigation starts with the smell that something's not quite right.So it was in the case of Auscoin, touted as Australia’s own crypto-currency – a homegrown Bitcoin that would make its investors rich beyond their[...]

4 behaviours that will make your coworkers hate you

Monday  09:42,   19 february 2018
Business Insider Australia

When I recently started my workplace advice column, Ask the Insider, I expected questions about career advancement and navigating office politics. Instead, hundreds of people starting venting to me about their coworkers' annoying habits.Instead, [...]