10 things you need to know this morning in Australia

Cameron Spencer/Getty Images=Scott Morrison

Good morning!

1. PM Scott Morrison announces Cabinet reshuffle. The changes include a new role of assistant minister for superannuation, financial services and financial technology and new Australian ambassadors to the US and UN.

2. Theresa May resigns. She’s officially stepped down as UK prime minister and Conservative leader following pressure from her party, but what happens now?

3. Australian graphic design website Canva under attack. Canva has confirmed that it has experienced a “security incident” and is urging users to change their passwords. ZDNet is reporting that hacker GnosticPlayers has claimed responsibility for the attack and as many as 139 million users could be affected.

4. Hungry Jack’s and CSIRO scientists to develop a meat-free Whopper. Australia’s scientific research agency, the CSIRO, is backing product development by the fast food giant, launching a joint venture company in the burgeoning meat substitute market.

5. Aussie dollar crawling off the mat. The AUD is inching higher in early trade on Monday morning, continuing the modest rebound that began late last week, amid renewed hopes of a US-China trade deal.

6. Facebook will reportedly launch cryptocurrency ‘GlobalCoin’ in 2020. The digital payments system will be rolled out in several countries by the first quarter of 2020, according to the BBC.

7. Iron ore continues to surge. Iron ore prices surged again on Friday, closing at or near the highest levels since early 2014. And with Chinese iron ore futures surging to fresh record highs on Friday evening, there could be more gains to come on Monday.

8. Millennial attitudes are bringing huge changes to the fashion industry. With more people looking for a sustainable option, clothing rental companies are on the rise.

9. A London concert is being compared to the controversial Fyre Festival. Attendees at the two-day “We Are FSTVL” collapsed from dehydration after being forced to queue for hours in the hot sun just to get in.

10. Steve Jobs made a lot of predictions about the future of tech, including the ubiquity of the internet and the computer mouse. Here are 10 predictions he got right and two more he got completely wrong.

BONUS ITEM:

Still not content with the Game Of Thrones season finale, Twitter user Khaled Comics posted his own alternate ending and it’s going viral.


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