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Wednesday, August 15, 2018
Sherene Smith, RMIT University Social connections drive board appointments and more than two-thirds of directors in the 200 largest public companies are on the board of multiple companies. So whoever replaces ex-AMP chairwoman Catherine Brenner will likely be drawn from...
Facebook has made their Privacy Tools Easier to Find Making Data Settings and Tools Easier to Find By Erin Egan, VP and Chief Privacy Officer, Policy and Ashlie Beringer, VP and Deputy General Counsel   Last week showed how much more work we...
The financial sector is professional gambling in action Shutterstock/f8studio Chris Brady, University of Salford The American journalist and poet Ambrose Bierce wrote in his 1906 satire The Devil’s Dictionary that “the gambling known as business looks with severe disfavour on the business...
Deposit schemes reduce drink containers in the ocean by 40% Uncountable numbers of drink containers end up in the ocean every year. Shutterstock Qamar Schuyler, CSIRO; Britta Denise Hardesty, CSIRO, and Chris Wilcox, CSIRO Plastic waste in the ocean is a global problem;...
Back in 2011, we brought news of a stunning MIDI controller called the Emulator that promised to bring the club DJ out of the dark corner and take center stage. The company behind the transparent multi-touch system has now...
Sydney argued with the weather and won Sydney’s stunning NYE 2017 fireworks spectacle Sydney celebrates New Years Eve 2018   Sydney has done what it does best with a dazzling pyrotechnics display that drew cheers and gasps from the estimated million people who...
Amazon couldn’t have hoped for a better response when it created the smart speaker market three years ago with the original Amazon Echo. Now, Amazon has a new version of the Echo for 2017: smaller, and – at $99.99...
Amazon’s Alexa turned out to be the holiday guest in millions of homes this year, and that means plenty of people getting to grips with everything their new Echo can do. Although she may be most often seen as...
Child sexual abuse royal commission: recommendations and statistics at a glance Key recommendations The royal commission’s final report (pdf) has made 189 new recommendations, including: The federal government should establish a National Office for Child Safety, sitting within the department of...

Ponzi Scheme

What is a 'Ponzi Scheme' A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This is similar to a pyramid scheme...