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Bitcoin exchange Mt. Gox goes offline, as document leak alleges massive theft of Bitcoins

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If you have invested in Bitcoin, then your week is about to get a little bit worse. One of the world’s largest Bitcoin currency exchanges, Mt. Gox, appears to be dead after its website began showing a blank page. Meanwhile, a leaked document claims that at least US$375 million worth of Bitcoins may have been stolen. The document published by TwoBitIdiot, titled “Crisis Strategy Draft” has suggested that Mt. Gox “can go [...]

What the f**k is OneClass?

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Have you heard of a service called OneClass? If you are a student at an Australian university with groups on Facebook, then you will soon. OneClass is a Toronto-based startup that promises to help students get better grades, by having said students share with each other study notes from lectures and textbooks. According to TechCrunch, it capitalises on a trend in education where students are sharing notes with each other [...]

500px will let you sell your photos – if it can take a 70 percent cut

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If you are a photographer and want to make a quick buck from your photos, 500px is about to make it easier for you. The online photo community (and Flickr competitor) announced it would launch a marketplace called 500px Prime - allowing people to easily license your photos for their projects. “Prime is a convergence of the growing demand to be able to license the amazing photography on 500px and a growing [...]

Microsoft announces Satya Nadella as new CEO, Bill Gates as “Tech Advisor”

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After a long search, Microsoft have confirmed that Satya Nadella – formerly the Executive Vice President of its Cloud and Enterprise division – as its CEO, succeeding Steve Ballmer. It also announced that its founder Bill Gates will devote more time to the company, leaving his post as Chairman of the Board to take up the role as “Founder and Technology Advisor”. India-born Nadella, 46, joined Microsoft in 1992 after [...]

Regional radio stations pull online streams due to licensing issues, metro stations might be next

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Image: Fod Tzellos/Flickr (Creative Commons) Within a couple of weeks, you might not be able to listen to your favourite radio stations online. After being unable to come to a new licensing agreement with the music industry, nearly 200 regional radio stations will end their live simulcasts with all metropolitan stations threatening to go dark as well. The stations – represented by Commercial Radio Australia – join Grant Broadcasters in ending their [...]

Oneflare to give back domain used for spam back to original owners

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Late last month, we brought you a story about an Australian startup Oneflare acquiring a domain name of a well-known site that had expired and repurposed it for spam. Well, the story has a happy ending as Oneflare has told Nieman Journalism Labs that they are donating back the domain to its rightful owners – the University of Southern California. “We’re extremely apologetic about what happened,” Lim told Nieman. He also [...]

Channel Nine rumoured to create Netflix-like service

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Image: espensorvik/Flickr (Creative Commons) The Nine Network is said to be launching their very own Netflix-like streaming service in the latter half of next year and are in the middle of informal talks with its rivals to provide content for the upcoming site. According to the Australian, the new service would feature content from its existing Warner Brothers output deal (with access to movies such as the Harry Potter series [...]

Australian startup Oneflare accused of ‘repurposing’ another website for spam

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If you happen to own domain names, it really does suck when you accidentally forget to renew them. Especially when an Australian startup decides to acquire it for the purposes of using your reputation on Google to promote their new product. This happened to the Online Journalism Review – a relatively popular website in during the early days of Web 2.0 that covered how old journalism was adapting to new technology – where a Sydney-based startup called Oneflare managed to acquire their domain name when it expired.

[REDACTED] is angry after Kogan ‘leak’ uses their name

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If you haven’t heard, today is [REDACTED]. But the organisers are in the news today after it reportedly sent a cease-and-desist letter to Kogan for using the [REDACTED] trademark in its “leak” press release stunt. Yes, this is apparently a tech news story. It should be noted that Kogan isn’t officially part of the [REDACTED] event that’s happening today. In a response to The Age, Kogan says that a national online sales [...]

For anyone who cares, ClickFrenzy is back for Nov 19

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After that massive fail back last year, the guys over at ClickFrenzy have not given up their attempt to make an Australian equivalent of the US online shopping phenomenon known as “Cyber Monday”. Those who were lazy not to unsubscribe from their mailing list – me included – have been told that the next ClickFrenzy will be on November 19. And no one cared. For those who need a refresher, [...]

Steve Ballmer decides to retire, will leave Microsoft in a year

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Steve Ballmer has called it a day, with the CEO of Microsoft announcing that he plans to retire within 12 months. Ballmer has been in the position since 2000, succeeding Bill Gates, but only gained full control of the company when Gates decided to leave his day-to-day operations in 2009. “There is never a perfect time for this type of transition, but now is the right time,” Ballmer said in [...]

Telstra to terminate Kogan Mobile customers

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UPDATE 20/08: Kogan Mobile have responded. The end is near for Kogan Mobile Customers. After the recent news that ispONE has terminated their contact with Telstra, a statement has been released by Telstra stating how they’ll be closing off the remaining services. Aldi Mobile, one of the other resellers of ispONE will be continuing their services as a direct customer due to a deal made between the two companies. Due to [...]

ispONE appoints Administrators and cancels Telstra contract

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Telstra Wholesale Services provider, ispONE has appointed resellers and have cancelled the contract to resell Telstra services. ispONE providers 280,000 prepaid services is currently in court with Telstra in regards to unpaid invoices. According to the Financial Review, the Federal Court dismissed the case between ispONE and Telstra which also dissolved the injunction placed to stop Telstra from cancelling the prepaid services. The cancellation of the Telstra contact will directly affect [...]

Why Sony was right in rejecting Dan Loeb’s proposal

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Image: Steve.M~ (Flickr/Creative Commons) Sony’s struggles have been widely recounted as it attempts to maintain relevance in a two speed consumer electronics space where hardware is becoming increasingly commoditised, and software and services increasingly more exclusive. Dan Loeb of Third Point – a hedge fund which owns an almost 7% stake in Sony – has been vocal in suggesting changes for the fledgling company, and as arguably Sony’s most prominent [...]

ispONE Wholesale customers are safe… for now

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ispONE, the company who provides mobile services for over 280,000 customers are currently the largest (and only) wholesale provider for the Telstra 3G network. However, the company is involved in a legal dispute with Telstra over unpaid invoices and may take down 280,000 mobile services with it. ispONE acts as an intermediary between Telstra and resellers such as Kogan Mobile and Aldi Mobile. Telstra is claiming that ispONE have unpaid invoices [...]