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10 things you need to know this morning in Australia

Thursday 21 April 2016

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10 things you need to know this morning in Australia

The saddest reason to break out the Prince CDs and show your kids how music used to be. NASA wants your Mars house ideas. And iron ore is suddenly the hottest thing right now.
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6 things Australian traders will be talking about this morning

Sharp rallies, oil prices and commodity currencies ran into a wall.
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A huge shift in the Android market is hurting Microsoft

Microsoft notes that its patent licensing revenue was down 26% from a year ago. And it's because of Android.
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BILL BONNER: Here's how I'm preparing for the next recession

Stocks are going up all over the world. Meanwhile, it appears to us that the U.S. economy is going down. Go figure.
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Everyone on Wall Street has gotten a little too excited about blockchain

You may have noticed that Wall Street has gotten pretty excited about the technology behind bitcoin. Whoa, Nelly.
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This chart shows just how massive the US Navy is

In case you needed a picture drawn.
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Rihanna can't stop killing men in her music videos

Another man has died at the hands of Rihanna in a music video. 
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Wall Street is underwater

Wall Street is sinking. The big banks had a lousy first quarter. Hedge funds are getting pummelled. Regular institutional investors are flailing. And they're all dragging each other down.
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Silicon Valley startups are terrified by a new idea: profits

Venture investor Bill Gurley explains why the startup world is freaking out about a strange new idea they have never had to consider before - real people actually paying for their stuff.

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