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10 things you need to know this morning in Australia

Tuesday, 10 May 2016

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10 things you need to know this morning in Australia

Boy finds Mayan civilisation on his computer. The ASX defies everything. North Korean bars are the best. And no one wants to say Stephen Curry is the greatest, but he might be.
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Jeff Bezos just made $18 billion in 3 months

Amazon CEO Jeff Bezos has had a nice three months. On Feburary 9, exactly three months ago, Amazon's stock was trading at around $482 a share. On Tuesday, it finished at an all-time high of $703.07.
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The best way to make Turkish coffee involves sand

The sand helps control temperature.
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The Wall Street establishment is fighting back

We've all heard about how fintech companies are threatening to disrupt traditional finance. Now the table's turned. 
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A gigantic boat that's as long as a skyscraper is high cruises around rescuing other gigantic boats

It once rescued a US military carrier that was damaged by Al Qaeda.
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The computers have won and Wall Street will never be the same

Institutional Investor just released its annual list of the top-earning hedge fund managers, and six of the top eight are quants, or managers who rely on computer programs to guide their investing.
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There's a secret term VCs use to insult some founders: 'not blue flame enough'

There's a term VCs use for their ideal investment candidate. "blue flame." It refers to young people, preferably in their 20s, with lots of energy and no kids.
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The world's oldest stone axe was made in Australia almost 50,000 years ago

The fragment of polished basalt is about the size of a thumbnail and dates back to the Stone Age, 45,000 to 49,000 years ago, about the same time humans arrived in Australia.

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