BUSINESS INSIDER SELECT: The facts and fiction of Australia's lithium boom

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The facts and fiction of Australia's lithium boom The frenzied search for more lithium, a key ingredient in batteries to store solar power and to drive electric cars, has reignited the entrepreneurial spirit of an Australian mining industry bashed hard by falling global commodity prices.

You need to update your iPhone now to avoid a major security flaw that takes over your device If you have an iPhone, you need to update iOS now. Security firm Lookout announced on Thursday that it has discovered a major security flaw that exploits iOS and can give a third party complete control over your iPhone.

This is how long the average sex session lasts If you're a non-scientist, you might have once asked yourself, propped against the bedhead after disappointingly quick intercourse, how long does sex "normally" last?

A drone revolution may have just begun on a farm in the middle of Tasmania This is Ratho Farm. In the middle of Tasmania, it's about 13,000km from Silicon Valley. Settled in 1822, it's recently opened up its doors for a wonderfully unique farmstay experience.

Australia Post is back in the black, but says it will still lose $1.5bn on letters over 5 years Putting up the price of letters helped Australia Post stem some of the losses, with the government-owned business announcing a $36 million full-year profit after tax for FY16, a $258 million turnaround on the previous year.

Uber lost a whopping $1.27 billion in the first half of 2016 Uber lost at least $1.27 billion in the first half of 2016, according to Bloomberg's Eric Newcomer, who cites people familiar with the matter. Bloomberg reports that Uber held a conference call with investors Friday, led by finance head Gautam Gupta, to discuss Uber's financial situation.

This is why the Masters hardware business failed John Winning, the founder of Appliances Online and the CEO of Winning Appliances, says the failure of the Woolworths-run Masters chain isn't a surprise.

Qantas lands a record $1.5 billion profit, and now 25,000 staff are in line for a $3,000 bonus Qantas posted a record full year underlying profit of $1.53 billion, a 57% improvement, completing one of Australia's biggest corporate turnarounds. Just two years ago, the national airline reported a $2.8 billion loss.

PICTURES: The stunning building which will replace Sydney's iconic Imax theatre An era will end when the iconic Imax theatre in Sydney's Darling Harbour area closes on September 25. The famous theatre opened in 1996 to huge crowds eager to see what was then the world's biggest screen.

Woolworths found an incredibly complicated way to say it's sacking 500 people and the tech transformation is slow Woolworths posted its biggest loss in 20 years at $1.23 billion, and cut dividends. This is from CEO Brad Banducci's update on his 5-point plan to turn things around.

The first regular Domino's Pizza drone deliveries will be in New Zealand Domino's Pizza and Flirtey have launched what they say is the first commercial drone delivery service in the world. The two companies exhibited the first stage of their partnership with a demonstration of pizza delivery by drone in Auckland yesterday.

If Australian taxi drivers are getting millions in 'disruption compensation', here are other handouts to consider The Victorian government has announced it would legalise ride-sharing services in the state and compensate drivers with a $378 million relief package.

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