Tagged With money


Martin Sorrell — the CEO of WPP, a major advertising and public relations company — said Tuesday that his clients poured $US1 billion ($1.3 billion) more into Facebook advertising this year than they did Snapchat. Nevertheless, he purported that Facebook has been "trying to undermine Snapchat".


This week, some people in Britain and Canada were shocked to learn that their money contains trace amounts of animal fat. The new banknotes use animal byproducts that are found in everything from credit cards and crayons to glue and soap. But Gizmodo has confirmed that Britain and Canada aren't the only ones.


Earlier today we noted the recent outcry in Britain over the country's new £5 note, which is made using a small amount of animal fat. But the British aren't the only ones with meat money. Canada's bank notes have tallow as well.


Thanks to the wonders of the web there's no excuse for keeping three old iPhones in a drawer or letting an old tablet gather dust. There are now a huge number of sites and apps willing to turn your unwanted stuff into cold, hard cash — and these are the ways you can make sure the process is as smooth and profitable as possible.


Video: When the Fed constantly replaces old, tattered dollar bills with new, crispy cash, millions of notes get pulled out of circulation while new dollar bills get put in circulation. So what happens to all that old money? It gets shredded. But then what?


Video: If you have ever attempted a life as a counterfeiter, or done a stupid school project where you tried to print your own money, you already know this: you can't make a copy of any type of bill, no matter the denomination. For older bills, it was because of the Eurion constellation, which is an order of dots that appears on pretty much every major currency. Today, there's a new counterfeit deterrence system which includes the Eurion constellation but also has other mysterious forces at work.


Video: You made it! You're in a movie! You're a superstar! Not quite. Vanity Fair made this clever credits sequence showing how much people working on a film with a $200 million budget would get paid, and it's pretty revealing. If you're the lead actor or the director, sure, you'll do fantastically well. Even if you're the production designer or handle the special effects make-up, you'll be great. But most people on a movie set won't get to sniff those millions of dollars that's been put into the movie.


Is it the fuel? Not really. Even though giant passenger jets do guzzle down fuel at a ridiculous 2km per gallon — seriously, they need 8l of jet fuel for every mile travelled — there areso many people on an aeroplane that the fuel cost gets split down to a much more reasonable price: a per person fuel efficiency of 169km per gallon. That's good! So why is flying so expensive? It's everything else.


Video: All I ever want in life is for an ATM to spit out an extra 20 dollar bill one time. This never happens! Vending machines have given me two bags of chips. I've gotten an extra chicken nugget here and there. Sometimes even the glorious onion ring in an order of fries. But the cash machine never messes up for me. Here's how it manages to do that: with a series of rollers — some serrated, some smooth — that send the bill to a conveyor belt to get scanned with a sensor.


Video: Magician Patrick Kun isn't breaking the wheel when it comes to these magic tricks, but the way he packages them — short, sweet and right in front of the camera with little to no explanation — makes watching magic so much more fun. There's no long build up, there's no need to weave a senseless story, there's no psychological ploy. It's just slick visual trickery, right in front of you.


The Reserve Bank announced back in February that a new $5 note would be out from 1 September 2016. Today, it has revealed that we'll get to see the new design on 12 April.

The note will be the same basic colours, size and "include the same people" so it looks like we shouldn't be expecting a radical redesign in the looks department. What will be new is a 'tactile' feature to help the vision-impaired distinguish between different denominations of banknotes.