Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business stories of the day. Tailor made for busy humans. Hosted by Brett Joffe and Justin Joffe, co-founders of Flux.
Wisetech's share plummet | Big Tech goes nuclear | Qantas faces more trouble
Aussie tech giant Wisetech has seen its shares drop more more than 22% over the past few days after its founder and CEO has been hit with major scandals. Amazon, Google and Microsoft have all invested in nuclear power plants as part of their goals to reduce its carbon emissions. Qantas could be forced to shell out hundreds of millions of dollars to 1700 illegally sacked workers. _ Check out the Flux x Raiz Flux Academy this month Download the Raiz App - Investing made easy Read the PDS and TMD on the Raiz Invest website or App to understand the risks and decide if Raiz is suitable for you. AFSL 434776 Visit raizinvest.com.au to learn more and read the PDS and TMD to decide if its right for you. AFSL 434776. Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/22/2024 • 6 minutes, 57 seconds
Foxtel's cannibalising itself | Flight Centre's deflating update | PepsiCo, I de-shrunk the chips
Foxtel has announced it will start is set to offer sports content and Sky News Australia on its streaming service Binge Flight Centre has seen its share price drop more than 15% after it warned the market that airfare prices were deflating PepsiCo has announced it will put more chips back into its Dorito bags after consumers were furious with its shrinkflation Check out the Flux x Raiz Flux Academy this month Download the Raiz App - Investing made easy Read the PDS and TMD on the Raiz Invest website or App to understand the risks and decide if Raiz is suitable for you. AFSL 434776 Visit raizinvest.com.au to learn more and read the PDS and TMD to decide if its right for you. AFSL 434776. Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/20/2024 • 6 minutes, 53 seconds
CBA hit with $7.5 million fine for spamming | Boeing's turbulent path | AusSuper's desperate for AI exposure
CommBank has been whacked with a $7.5 million fine for sending more than 170 million emails to customers that did not include the option to unsubscribe. Boeing, the aeroplane manufacturer, is looking to raise $25 billion USD to stabilise its finances after a staff strike and issues with its operations. AustralianSuper, Australia’s biggest super fund, is making a $2.2b bet on US data centres and AI. Check out the Flux x Raiz Flux Academy this month Download the Raiz App - Investing made easy Read the PDS and TMD on the Raiz Invest website or App to understand the risks and decide if Raiz is suitable for you. AFSL 434776 Visit raizinvest.com.au to learn more and read the PDS and TMD to decide if its right for you. AFSL 434776. Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/17/2024 • 9 minutes, 58 seconds
Virgin Australia's back in black | IKEA's first sales drop in years | Adobe enters the AI race
Virgin Australia has seen its earnings jump by 18% after it recorded its second profit in a row. IKEA has dropped prices globally to attract more shoppers after its first revenue drop in 4 years. Adobe has joined the AI race after launching an AI video generator that will see it compete with the tech giants. — Check out the Flux x Raiz Flux Academy this month Download the Raiz App - Investing made easy Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/15/2024 • 6 minutes, 57 seconds
Chemist Warehouse takes on Visa | Tesla's new car unveiled | New York Times doubles down on women's sport
Chemist Warehouse is taking on Visa and Mastercard by rolling out a new way to pay for your products - QR codes. Tesla has unveiled a new self-driving car prototype called the “Cybercab” with plans to go into production by 2026. The New York Times is teaming up with Yahoo Sports to launch a new hub for women's sports coverage. — Check out the Flux x Raiz Flux Academy this month Download the Raiz App - Investing made easy Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/13/2024 • 6 minutes, 42 seconds
Rio Tinto's $9.9 billion bet | Streaming-service Stan may test ads | GYG's spicy share update
Rio Tinto has swum against the lithium-tide by acquiring Arcadium Lithium for $9.9 billion. Stan, the streaming service owned by Nine Entertainment, is considering bringing advertising onto its platform to boost revenue. Guzman y Gomez, the now-ASX-listed Mexican food chain, announced quarterly sales growth above its already ambitious expectations. — Check out the Flux x Raiz Flux Academy this month Download the Raiz App - Investing made easy Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/10/2024 • 6 minutes, 58 seconds
Wesfarmers' $6bn profits off Aussie illness | Google loses its advantage | Assassin's Creed going private?
Wesfarmers is expected to generate around $6 billion in revenue this year via its health division because Aussies are getting… sicker. Google will be required to open up its app store to rivals so that its users can have more choice when downloading and using apps. The creator of popular video game Assassin’s Creed, Ubisoft Entertainment, is considering going private after it lost close to half its market value this year. — Check out the Flux x Raiz Flux Academy this month Download the Raiz App - Investing made easy Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/8/2024 • 6 minutes, 52 seconds
Qatar Airways snaps up a chunk of Virgin Australia | LVMH x Formula 1 | Youtube revamps Shorts
Virgin Australia announced last week that Qatar Airways officially plans to buy a 25pc stake in the Aussie airline but there’s still one little, big hold up. LVMH has signed a monster 10-year sponsorship deal with Formula One to put their brands all over the racing circuit. Youtube is bringing big changes to Youtube Shorts to try and compete with TikTok. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/6/2024 • 6 minutes, 57 seconds
SPC's mega-Aussie food merger | Google's new AI acquisition | Origin abandons hydrogen
SPC, the Aussie canned fruit and vegetable producer, has finalised a three-way merger with Original Juice Company and Nature One Dairy - creating a $400 million company. Character.ai, one of the leaders in AI, is ditching its plans to make AI models itself after its founders were poached by Google in a $2.7 billion USD deal. Origin Energy has seen its share price drop after it revealed it would abandon its plans to develop hydrogen energy. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/3/2024 • 6 minutes, 59 seconds
Chemist Warehouse profit up 78% | Koala Airlines flies into the airline industry | OpenAI's for-profit transition
Chemist Warehouse has seen its profit jump almost 80% as it gets closer to finalising its merger with Sigma Healthcare. Australia’s airline industry has a new player in town, and its name is Koala Airlines. OpenAI, the creator of ChatGPT, has seen a number of execs quit after it announces plans to become a fully for-profit business. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/1/2024 • 6 minutes, 50 seconds
Fortescue & BHP spike after China's announcement | Visa's in hot water | The hidden costs of chocolate
The share price of Australia’s biggest mining companies jumped more than 13% last week after a major stimulus announcement from China VIsa is being sued by the US Justice Department for allegedly monopolising the debit card market illegally Chocolate may become a whooooole lot more expensive in 2025 as the price of cocoa have jumped rapidly this year — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/29/2024 • 6 minutes, 39 seconds
Foxtel's latest challenge | Google's biggest update in over a decade | Meta's new toy
Warner Bros Discovery has confirmed plans to launch its Max streaming platform in Australia in the first half of 2025. Google Australia is about to roll out the most significant change to its Search engine in over a decade…because it’s welcoming AI. Meta has debuted augmented reality glasses called Orion, with holographic displays. — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/26/2024 • 10 minutes
Coles and Woolworths alleged to rig prices | RBA pauses the cash rate... again | Intel receives a $5B offer
Woolworths and Coles are in hot water after the ACCC filed a court case alleging that the supermarkets have misled consumers over products on sale. The Reserve Bank of Australia has sat for the sixth time this year… and paused the cash rate for the sixth time.. At 4.35%. Intel has received a $5 billion USD investment offer from Apollo Global Management just after a potential takeover offer from rival Qualcomm. — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/24/2024 • 6 minutes, 55 seconds
Myer re-commits to private labels | Airbnb's new growth strategy | Nike's share price jumps 7% on major news
Myer’s shares have dropped over 10% after it suffered a fall in its annual sales, but it's doubling down on its private labels like sass & bide, Marcs and David Lawrence. Airbnb has seen a significant shift in its accommodation demands so now it has a brand new focus for growth - long-term stays Nike has seen its share price pop more than 7% after announcing a new CEO… after slowing sales growth — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/22/2024 • 6 minutes, 57 seconds
Aussie CEO's say no more work-from-home | Harvey Norman faces class action | Instagram launches teen accounts | A special guest from moomoo
A new KPMG report shows that Australian CEOs are keen to pull the plug on work from home and bring staff back into the office 5 days a week. Harvey Norman has been hit with a class action over allegedly selling worthless extended warranties to customers. Instagram is introducing “teen accounts”, with restrictions in place, hoping of making the platform safer for young people. — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/19/2024 • 9 minutes, 28 seconds
CommBank's AI-gents | Microsoft's got too much cash | Goodbye Tupperware parties
CommBank is exploring the possibility of replacing thousands of local call centre staff with an AI-customer service centre. Microsoft has announced a $60 billion share buy back as well as a 10% increase to its quarterly dividend. Tupperware Brands, the brand behind the kitchen staples, is preparing to file for bankruptcy this week after it struggled to manage more than $700 million USD in debt. — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/17/2024 • 6 minutes, 54 seconds
Aus Govt vs Meta & X | Microsoft's big cut to Xbox | Temu's about to get more expensive
The Australian government wants to fine social media platforms up to 5% of their global revenue if they don’t stop the spread of misinformation Microsoft is cutting 650 jobs at its Xbox gaming division after its making its biggest acquisition to date -the $69 billion USD purchase of Activision Blizzard Temu’s parent company, Pinduoduo, saw its share price drop more than 3% on Friday after the US proposed new tariffs on their products — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/15/2024 • 6 minutes, 50 seconds
Realestate.com.au to become British? | HESTA pushes for gender targets | Google major court case 2.0
REA Group, the owner of Realestate.com.au, has had its first offer to acquire UK’s Rightmove rejected - but it may come back for more. HESTA, the super fund, is putting pressure on Australia’s largest companies to adopt gender targets across their entire organisation. Google is facing its second antitrust trial against the US Department of Justice in just 2 months - for allegedly monopolising the digital advertising industry. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/12/2024 • 6 minutes, 57 seconds
SafetyCulture's valuation gets a cut | Apple's new iPhone release | Wise brings the challenge to Australia
SafetyCulture, the workplace safety tech company, has raised $165 million, but its valuation took a little bit of a haircut in the process. Apple’s share price has fallen more than 1% after its annual product launch didn’t quite excite investors as much as expected. Wise has been granted the Australian financial services licence by ASIC and it’ll be offering new investment products to its customers later this year. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/10/2024 • 6 minutes, 57 seconds
Star Entertainment rolls the dice | Oasis tests Ticketmaster's new pricing | Burberry's trench-fall
Star Entertainment, the major casino operator, has put its shares in a trading halt as it looks for ways to survive. Ticketmaster’s owner, LiveNation, is under investigation after being criticised for inflating the price of concert tickets in the UK…and this issue could soon come to Australia too. Burberry is set to be dropped from London’s FTSE 100 index after 15 years, as its share price plummets to its lowest price since 2010. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/8/2024 • 6 minutes, 52 seconds
Coles cuts the liquor | Country Road's slippery slope | Canva's price hike
Coles is cutting two of its liquor chain brands and will fold them under the Liquorland banner to grow sales. Country Road Group has reported a 66% drop in annual profit as it struggles to find its footing after breaking away from David Jones. Canva has jacked up the prices on some its offerings by up to 300% as it plans to for a potential listing in 2026. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/5/2024 • 6 minutes, 47 seconds
REA Group's UK expansion plans | Abercrombie & Fitch is back from the dead | Airtrunk hits the M&A jackpot
REA Group has announced that it’s considering acquiring Rightmove, the United Kingdom’s largest property platform. Abercrombie and Fitch, the 90’s teen retailer, has seen its quarterly sales jump to over $1 billion USD after doing a major revamp to its brand. Airtrunk, the Australian data centre group, has been sold for over $23 billion after a 12 month auction that was heated. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/3/2024 • 6 minutes, 49 seconds
Adore Beauty's new move | Apple to invest in OpenAI | Cettire's revenue problem
Adore Beauty has seen its sales jump more than 7% but now it’s making a slightly unconventional move into the physical world. Apple and Nvidia are in talks to invest in OpenAI as part of its latest capital raise, which would value OpenAI at $100 billion USD. Cettire’s shares dropped 20% last week after it announced that its annual earnings would be 20% lower than the previous year. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Wesfarmers has seen its annual sales jump to more than $44 billion and it’s putting a heap of praise on one particular business. Qantas has reported a 16% drop in its annual profit in its first annual update since new CEO Vanessa Hudson stepped in. Nvidia, the AI chipmaker, exceeded its quarterly guidance on all the key metrics… but its share price dropped more than 7%. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/29/2024 • 6 minutes, 51 seconds
No more Down Down for Coles' profit | Bunnings' new retail play | Guzman y Gomez's spicy earnings update
Coles has seen its profit jump to over $1.1 billion…copping applause from shareholders and flak from customers and government. Bunnings, Officeworks and Priceline are all looking to build a new revenue stream…and it’s not physical products…OR SNAGS. Guzman y Gomez has smashed profit forecasts in its first earnings update since its IPO. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/29/2024 • 6 minutes, 49 seconds
Uber Australia shuts down CarShare | Beyonce gets Whiskey-Drunk in Love | Call Her Daddy's $100m deal
Uber Australia has pulled the pin on its carshare business after an 8-figure Australian acquisition in 2022. Beyonce is launching a new whiskey line in collaboration with Moet Hennessy as another celeb jumps on the alcohol bandwagon. SiriusXM Holdings has signed a $100 million USD for Alex Cooper’s Call Her Daddy podcast and her network of shows. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/25/2024 • 6 minutes, 51 seconds
Medibank misses its target | 7-Eleven's $40b takeover | Breville brews record sales
Medibank Private has seen its share price fall after missing its big fat target for member growth. The owner of the 7-Eleven chain globally has been approached in a $40 billion USD takeover from a Canadian convenience store retailer. Breville, the home appliances company has has brewed up record high sales, and its got its coffee machines to thank for it. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/22/2024 • 6 minutes, 59 seconds
Commbank's cash crisis | Advertisers avoid X like the plague | General Motors cuts 1,000 jobs
CommBank has warned that keeping cash at its bank branches is costing it more than $350 million a year. X, formerly known as Twitter, has seen its ad revenue drop by more than 24% in the first half of this year, as advertisers stay away from it. General Motors is cutting 1,000 software employees globally to streamline its initiatives and explore AI. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/20/2024 • 6 minutes, 57 seconds
NAB's credit dilemma | Origin's shares dip 10% | Paramount has a new billion-dollar buyer
NAB has announced a $1.75 billion cash profit for the past three months, but it’s facing a pesky problem from its customers. Origin Energy has announced a record annual profit… but its shares had a bit of a blackout, with a 10% dip after some red flags for the upcoming year. Paramount Global’s shares have jumped 7% as a surprise new entrant prepares a counteroffer for the media giant. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/18/2024 • 6 minutes, 56 seconds
CommBank's $9.8b profit | Telstra's writing it down | Meta's music collab
CommBank has announced a whopping $9.8 billion cash profit for the past 12 months after growing its customer base even further. Telstra has seen its annual net profit take a double-digit drop after its mobile price rises weren’t enough to offset some major expenses. Universal Music Group and Meta are expanding their music-licensing deal, which will make Universal’s songs available on all of Meta’s platforms. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
JB Hi Fi has seen its full-year profits fall over 16% and investors piled on… in a good way.. Sending its shares up more than 10%. Temple & Webster nearly hit $500m in annual sales and its share price skyrocketed 26%. Seek’s shares dropped over 7% after it announced that earnings for the 2024 financial year fell by 13%. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/13/2024 • 6 minutes, 59 seconds
Foxtel up for sale | Mosaic Brands' financial tightrope | Life360 cracks a new milestone
News Corp, the publishing behemoth, has officially put up Foxtel and its streaming services up for sale! The parent company of clothing brands Millers, Katies and Noni B saw its shares drop more than 40% last week as it struggles to stay afloat. Life360’s share price has hit an all-time high as it crosses 70 million users. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/11/2024 • 6 minutes, 58 seconds
Nine's share buyback doesn't go to plan | Airbnb shares drop 13% | Warner Brothers' pay-TV battle
Nine Entertainment is expected to wrap up its $220m, two-year share buyback - after a whack in profits and business performance. Airbnb has had its largest share price drop since going public in 2020. Warner Brothers Discovery has written down the value of its TV assets by $9.1 billion USD, leading to a $10 billion USD net loss for the quarter. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/8/2024 • 6 minutes, 37 seconds
Wolf Blass on the chopping block | Google guilty of monopoly | Mars x Kellanova
Treasury Wine Estates, the owner of Penfolds, will sell off some of its cheaper wine brands after budget drinkers tighten their purse strings. A US court has found that Google spent billions of dollars to illegally monopolise the online search market. Mars Incorporated is considering a takeover of Kellanova, the makers of Pringles and Coco Pops. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/6/2024 • 6 minutes, 50 seconds
Atlassian's shares plummet | Apple iPhones are back in favour | Intel slashes 15,000 jobs
Atlassian saw its share price plummet after it warned that revenue is expected to slow down over the next year. Apple is back on the winners list after it saw growth in its revenue over the past 3 months… but not all is rosy in Apple-land. Intel is cutting 15,000 jobs and suspending its dividend as its stock fell 20% in one day last week. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/4/2024 • 6 minutes, 48 seconds
Bottom's up for big brewery | Microsoft's AI challenge | Procter & Gamble's sales hit
An Aussie vodka maker, Billson’s Brewery, that makes a popular ready-to-drink vodka, has gone into voluntary administration. Microsoft saw its shares drop 7% in its worst day since October 2022 after its AI revenue juuuuuust missed its forecast. Procter & Gamble suffered its slowest sales growth in six years as consumers start cutting back on brand-name products. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/1/2024 • 6 minutes, 45 seconds
Canva major AI acquisition | Rex Airlines hits turbulence | Maccas hurt by its expensive burgers
Canva has announced that it will acquire AI startup Leonardo.Ai in a big deal for Australia’s start-up ecosystem. Rex Airlines shares are in a trading halt as it tries to find a way to stay out of administration. McDonald’s sales have fallen for the first time in 13 quarters after Maccas’ Big Macs are pricing people out of the fast-food market. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/30/2024 • 6 minutes, 58 seconds
Aldi Australia grows market share | OpenAI launches the Google-killer | Hermes' sales up 13%
Aldi Australia has announced that it’s abandoning its plan to offer online shopping because it’s doing fine without it. ChatGPT’s creator, OpenAI, is officially coming after Google Search after launching its new search feature “SearchGPT”. Hermes, the luxury clothing brand, has bucked the trend of other luxury brands by reporting a 13% rise in second quarter sales. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/28/2024 • 7 minutes
Deloitte's disappointing day | Tesla's business is changing | Country Road's culture problem
Deloitte Australia has seen its revenue drop by more than $70 million in the last financial year after its consulting division was hit haaard by a slowdown in spending. Tesla has seen its share price drop 12% after it saw an enormous quarterly drop in profit thanks to more and more electric vehicle competition. Country Road Group is expected to restructure its business and re-shape its team after a tough couple of years in the retail space. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/25/2024 • 6 minutes, 47 seconds
The Inspired Unemployed's beer-deal fizzles | Mattel may have a buyer | Dolce & Gabbana opens up to respectful investors
The merger between Mighty Craft beverages and The Inspired Unemployed’s Better Beer has fizzled out after Mighty Craft fell into administration. Mattel, the toymaker behind Barbie and Hot Wheels, has seen its share price skyrocket 20% after reports that a private equity firm is looking to acquire it. Dolce&Gabbana is flirting with the idea of bringing in outside shareholders for the very first time either through a listing ..or other ways. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/23/2024 • 6 minutes, 59 seconds
Fortescue greened out | Microsoft's Canva-dupe | EssilorLuxotica goes Supreme
Fortescue Metals Group, one of Australia’s largest companies, has cut 700 jobs across its global workforce after its green ambitions haven’t quite met investor expectations. Microsoft has announced a new AI-powered designer app late last week, to help newbies with their basic design skills. The maker of Ray Ban sunnies, EssilorLuxotica, has acquired the Supreme fashion brand for $1.5 billion USD. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
An Australian viral beauty brand Coco & Eve has raised $100 million from a US private equity business, which will now take a majority stake in the business. Google is looking to make its biggest acquisition ever after it announced late-stage talks to acquire a cybersecurity company for $23 billion USD. Nvidia and other AI chipmakers have seen their share prices plummet after Donald Trump’s latest comments on the chip industry in Taiwan. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/18/2024 • 6 minutes, 49 seconds
$105 million capital raise for construction-tech | Sequioa buys its own stock | Budget mobile wins against telco giants
A construction tech company in Australia called Hammertech has raised $105 million as it looks to expand into the US and Europe. One of the major investors in Stripe, Sequoia Capital, is offering to buy shares from its earliest investors at a $70 billion USD valuation. Budget mobile brands have seen double digit growth in subscribers after the latest price increases from telco giants Telstra and Optus. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/16/2024 • 6 minutes, 51 seconds
Crown Resorts sells its Nobu shares | Shein cleans up ahead of IPO | BHP big nickel cuts
Crown Resorts has sold its 20% stake in the Nobu restaurant chain and this sale values the chain at $1.3 billion. Shein is investing $270 million USD into fund to support sustainable fashion, as it looks to put its best foot forward ahead of a potential IPO in London. BHP has announced plans to let go thousands of employees after facing intense nickel competition in Indonesia. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/14/2024 • 6 minutes, 56 seconds
The ACCC turns The Good Guys bad | Spotify takes on Meta | Samsung's new secret to longevity
Aussie retailer, The Good Guys, has been alleged to have failed to provide store credits to thousands of eligible consumers…and now the ACCC wants to have their way with them! Spotify has launched a number of new features that steer it closer and closer to a full-blown social networking experience. Samsung has announced brand new tech devices at its Galaxy Unlocked conference - and this year’s sexiest products are all around health-tracking. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/11/2024 • 6 minutes, 56 seconds
Telstra jacks up prices | Saks 5th Avenue x Amazon acquisition | Paramount's mega-merger
Telstra will be jacking up the prices of its mobile phone plans by more than the inflation rate as part of its plans to grow faster. Saks Fifth Avenue's parent company has acquired luxury retail Neiman Marcus for $2.65 billion USD… and Amazon and Salesforce are taking a slice too. Paramount Global, one of Hollywood’s oldest studios and Skydance Media have agreed to a merger. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/9/2024 • 6 minutes, 52 seconds
New laws mean Netflix could get Grand Final rights | Airtasker's $5 million swapsies | Threads celebrates year one
Amazon, Netflix and Kayo could now outbid free-to-air networks for Australia’s biggest sporting events after a new law was passed late last week. Airtasker has announced a $5 million deal with ARN Media, swapping equity for marketing support. Meta has announced its Threads app has hit 175 million monthly active users after celebrating its 1 year anniversary. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/7/2024 • 6 minutes, 28 seconds
Booktopia's final chapter | Domino's cheesy challenge | Tesla shares up by 10%, but...
Booktopia has gone into voluntary administration after it struggled to cope with its financial struggles. Domino’s Pizza is expecting its 2024 profit estimates to be seriously hut - thanks to the inflation of one of its most valuable ingredients - cheese. Tesla’s investors shot up its shares by 10% after its sales fell by less than expected last quarter - and it pulled an energy rabbit out of the hat. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/5/2024 • 6 minutes, 45 seconds
TPG's content-play to take on Telstra | YouTube's worried about AI-generated content | Nike's fails to 'do it' for investors
TPG is setting up a new battlefield against Telstra after partnership with Foxtel’s new streaming aggregation platform Hubbl. YouTube has rolled out a new policy that will allow people to request the takedown of AI-generated content that simulates their face or voice. Nike’s share price has dropped close to 20% after it announced that it expects quarterly sales to drop 10%. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/2/2024 • 6 minutes, 41 seconds
ANZ gets approval for Suncorp merger | Nine cuts 200 jobs | Fujifilm's retro reboot
ANZ has been given the green light to take over Suncorp’s banking arm for $4.9 billion after nearly two years of battling and appealing - but now there’s a catch. Nine Entertainment, the owner of Channel 9 and major Australian newspapers will make up to 200 jobs redundant after struggling with weak advertising. Fujifilm is struggling to keep up with demand for its cameras as TikTok has made retro cameras trendy again. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/30/2024 • 6 minutes, 57 seconds
Qatar Airways' bid for Virgin | TikTok's new Instagram-competitor | New owners for Women's Basketball
Qatar Airways is looking to acquire a 20% stake in Virgin Airlines, which acould really shake up the aviation industry. TikTok’s owner has quietly released a new social app called Whee as a competitor to Instagram where you can take photos with filters and messages. The chairwoman of Tesla and the owner of the NBL are the new majority owners of the Australian women’s basketball league. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/27/2024 • 7 minutes
Cettire's share price plummets 50% | Myer's major expansion | Prezzee gifted a $79m loss
Cettire, the luxury fashion retailer’s share price plummeted by 50% after it announced a 20% drop in its earnings forecast. Myer has announced new plans to acquire other retail brands like Just Jeans and Jay Jay’s from Premier Investments - and investors like what they hear. Prezee, the Australia gift card company, has reported a $79 million loss over the past 18 months after it loses a major partnership with Amazon. —Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/25/2024 • 6 minutes, 43 seconds
Penfold's new Chinese strategy | Revolut's pre-IPO raise | Kathmandu's freezing cold performance
Penfolds is planning to re-enter the Chinese market with a bang after the monster tariffs have been removed from winemakers. Revolut, the UK-based neobank, is looking to sell $500 million of shares as it prepares for one of the biggest IPOs of the year. Kathmandu’s owner, KMD Brands, has seen half-year sales drop 8.4% and its winter sales are going to be worse-than-expected. —Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/23/2024 • 6 minutes, 29 seconds
GYG's spicy entry onto the ASX | Netflix launches "Netflix Houses" | City Chic's 30% sales drop
Guzman y Gomez publicly listed yesterday in the ASX’s biggest float in over three years. Netflix is ramping up its physical world presence with two new Netflix Houses that lets shoppers feel like they're inside the world of their favourite shows. City Chic has warned that it’s expecting to see its sales fall by 30% this year and is desperate for some emergency cash from investors. —Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/20/2024 • 6 minutes, 49 seconds
Telstra quits "carbon neutral" goal | Wrigley's new angle for chewing gum | Stake.com's major lure
Telstra has scrapped its commitment to a carbon offset scheme created by the government as well as its plans to become “carbon neutral”.
Mars Wrigley, the snack behemoth, is spending millions of dollars to try and restore its chewing gum brands to their former glory.
Stake.com, the online casino, is desperate to lure in tech talent from Australia’s biggest companies so it’s throwing huge dollars at them.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/18/2024 • 6 minutes, 50 seconds
AGL's $150 million tech investment | BeReal sold for €500M | Jake Paul big 'W'
AGL Energy has invested $150 million into a new energy-tech platform to compete with Origin Energy.
BeReal, the biggest social media app of 2022, has been sold for €500 million, after struggling to turn its initial hype into sustained growth.
Jake Paul, the YouTube influencer and part-time boxer is launching a new personal skincare line for men.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Chemist Warehouse’s IPO listing has hit a roadblock after the ACCC has warned that its merger would “substantially lessen competition”.
Apple is introducing buy now, pay later-style loans to Australian customers through a new partnership with ANZ.
Qantas has wholly acquired online travel business TripADeal in a $211 million deal with the hopes to ramp up its loyalty points offering.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/13/2024 • 6 minutes, 57 seconds
Apple unveils Siri-GPT | Toyota $15 billion crash to its reputation | Bapcor's takeover bid
Apple has announced a partnership with ChatGPT’s creator to bring generative AI tools to iPhones - as part of their new age of AI… or ‘Apple Intelligence’.
Toyota’s reputation just took a $15 billion USD hit after it was found to have falsified car safety tests.
The company behind car parts retailers Autobarn and Burson have received a takeover bid of more than $1.8 billion from a private equity giant.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Virtual Gaming worlds, the Australian social gaming giant, has delivered a massive $360 million dividend to investors in its third payout for the financial year
Robinhood, the stock trading app has announced a $200 million USD acquisition of cryptocurrency exchanges, Bitstamp
Lululemon saw a big jump in its share price after it raised its profit forecast and announced $1 billion US dollars more in share buybacks—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/9/2024 • 6 minutes, 35 seconds
SPC cuts down peaches | Champion's $1.2 billion sale | Zoom dabbles with AI Clones
SPC is cutting back its canned fruit production as cost-of-living sees consumers opting for cheaper options.
The owner of Champion, the sportswear brand, will sell the Champion business for nearly $1.8 billion USD to narrow its focus on “innerwear”.
Zoom wants to create a ‘digital twin’ to attend meetings for you so you can go to the beach instead of being at work.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/6/2024 • 6 minutes, 59 seconds
Life360 's double life | Instagram tests unskippable ads | Booktopia's in a world of pain
Life360, the kids tracking software, has launched its Nasdaq IPO, which means it will now be dual-listed on the ASX and Nasdaq.
Meta is testing a new feature on Instagram which will force users to watch ads on videos that you can’t scroll past - like YouTube.
Booktopia is cutting 50 staff members and losing its short-lived CEO as the company struggles to stay afloat.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/4/2024 • 6 minutes, 50 seconds
Guzman's billion dollar listing | Take me home, Country Road | Salesforce's biggest drop in 20 years
Guzman y Gomez, the Mexican fast food chain, has announced plans to list on the ASX in June at a multi-billion dollar valuation.
The owner of Country Road Group has warned that it expects its earnings to be more than 20% lower in comparison to last year.
Salesforce has seen its shares tumble more than 20% in its worst day of trading since 2004 after weak results.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/2/2024 • 6 minutes, 56 seconds
Catapult Sport's tracking upwards | 1 billion reasons Sony loves Queen | BHP gives up on its $72 billion bid
Catapult Sport, the ASX-listed sports tech company, has hit $100 million USD in revenue for the first time after doubling down on growing its subscription services.
Sony Music is in talks to buy Queen’s music catalogue for over $1 billion USD and this would be the largest music catalogue purchase of all time.
BHP has abandoned its $74 billion takeover bid for British mining company, Anglo American after six-weeks of hectic negotiating.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/30/2024 • 6 minutes, 58 seconds
Cettire’s controversy | Petstock's new competitor | TPG’s calls out tech giants
Cettire, the Australian luxury goods marketplace, has seen its share price jump more than 10% after it denied allegations that it has fake products on its platform.
PetStock, the pet food retailer backed by Woolworths has been forced to sell over 40 of its stores - and has created a new major competitor in the process.
TPG has come out and said that tech giants like Google and Meta should be made to pay for telecom infrastructure
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/28/2024 • 6 minutes, 49 seconds
News Corp's deal with the devil | Ticketmaster's monopoly battle | Dion Lee goes into administration
NewsCorp has signed a deal with Open AI that will help train its ChatGPT’s engine on the back of major publications.
The owner of Ticketmaster has been sued by the US Justice Department for creating a monopoly in the live events industry and “suffocating competition”.
Dion Lee, the Australian luxury fashion brand, has gone into voluntary administration…and it now joins growing list of Aussie fashion brands with this non-desirable status.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/26/2024 • 7 minutes
Xero's revenue numbers add up | Webjet explores demerger | Nvidia's in an AI gold rush
Xero, the accounting software platform, has seen its revenue spike more than 22% but AI is not going to revolutionise the business.
Webjet, the online travel bookings company, has announced a record net profit after tax - and now it’s thinking about breaking up with itself.
Nvidia’s released its first quarter results, with an astronomical jump in profit of over 600%.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/23/2024 • 6 minutes, 42 seconds
Telstra cuts 2,800 jobs | Star Entertainment's new sparkle | Microsoft's revolutionary PC
Telstra will cut over 9% of its workforce, or 2.800 jobs, by the end of 2024 in order to stay competitive in the market.
Casino giant, Star Entertainment has revealed that it’s received interest from potential buyers, but Hard Rock Cafe definitely isn’t one of them.
Microsoft has released a new line of laptops, using AI chips to run the software.. And taken a few shots at Apple during the announcement.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/21/2024 • 6 minutes, 59 seconds
Pizza Hut gets flamed for $2.5 million | Sony's warning shot to the bots | Buffet's billion dollar bet
Pizza Hut Australia has been fined $2.5 million for spamming customers with 10 million pizza-licious messages without their consent.
Sony Music has sent a warning shot to AI companies, accusing them of stealing its artists’ content without permission.
Warren Buffet’s Berkshire Hathaway has finally revealed the mystery business that he’s put $6.7 billion USD into…and it’s share price jumped 8% on the news.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/19/2024 • 6 minutes, 34 seconds
Fonterra milks more cash | Netflix's "ad"-ventures | Converse's All Star dims
The owner of Mainland Cheese and distributor of Bega Cheese is planning to sell the brands in Australia because it wants to get out of the consumer-facing market.
Netflix has announced it is going to build its own advertising tech platform to compete against the big players like Google, Meta and Amazon.
Nike is cutting jobs at its subsidiary company, Converse as part of its cost-cutting plan.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
The Albanese government dropped this year's federal budget with a $9 billion surplus, and this year, it’s all about cost–of-living.
OpenAI has released the most advanced version yet of its chatbot, ChatGPT, that can see, hear and talk like a real person.
Crocs’ has stomped on their quarterly growth expectations after selling 32 million ugly-shoes in just 3 months.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/14/2024 • 6 minutes, 52 seconds
Realestate.com.au's rental revenue | Baby Bunting big blues | Airbnb's returning to its roots
REA Group, the owner of Realestate.com.au, has seen a 24% jump in revenue for the first quarter, after a large rise in residential listings in Sydney and Melbourne.
Baby Bunting, Australia’s largest baby retail chain, has seen its shares drop more than 22% after concerns around cost-of-living pressures for their customers.
Airbnb’s shares dropped 8% last week after it warned investors about its second quarter performance… and its new focus on experiences.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/12/2024 • 6 minutes, 52 seconds
Origin energised with $410M boost | TikTok's battle with the US | Disney's over-saturation problem
Origin Energy has made hundreds of millions of dollars…on paper.. After its investment in a UK energy supplier has skyrocketed.
TikTok has launched a new lawsuit to challenge the US government’s decision to ban TikTok in the US.
Disney’s share price has dropped to its lowest in over a year despite delivering a profit in its core streaming business.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/9/2024 • 6 minutes, 54 seconds
Envato sold for $373M | Ozempic's bulging prices | Will Sony take over Paramount Global?
Envato, the Australian tech company, has been sold for over $370 million, in one of the largest tech exits in Australian history.
Novo Nordisk, the pharmaceutical company behind diabetes slash weight loss drug Ozempic, drops price amidst competition.
Media giant Paramount Global is in talks with Sony over a potential buyout that could be worth $39 billion…after a failed negotiation with another potential buyer.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/7/2024 • 6 minutes, 47 seconds
NAB's billion dollar buyback | Afterpay's owner is under investigation | Is eBay fading into memory?
NAB has reported a nearly 13% drop in earnings, but saves the day with a $1.5 billion share buyback.
Block, the owner of Afterpay and Square, is under investigation by US Federal Prosecutors for potentially processing crypto transactions for terrorist groups.
eBay has seen its second quarter revenue fall below expectations because people aren’t buying collector’s items on there anymore.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/5/2024 • 6 minutes, 52 seconds
Goodbye to Bonza airlines? | Amazon's secret ad jump | Shein Australia's billion dollar dominance
Bonza, the regional budget airline, has gone into voluntary administration, after its aircrafts were repossessed.
Amazon has smashed its revenue goals by 16% after it saw rapid growth in cloud and its ad market.
The Australian arm of fast-fashion brand Shein has generated nearly $1 billion in sales and tripled its profits in 2023.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/2/2024 • 6 minutes, 51 seconds
Optus & TPG's marriage of convenience | Alphabet hits $3 trillion USD after major announcement | Crown Resorts slashes 1,000 jobs
TPG and Optus have signed a $1.6 billion deal to share mobile networks and expand their reach across regional Australia.
Alphabet, the owner of Google, has announced its first ever dividend to investors after completely beating its forecasts.
Crown Resorts will cut nearly 1,000 jobs after a major drop in tourist demand and gaming restrictions.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/30/2024 • 6 minutes, 49 seconds
BHP's $60 billion bid | Meta shares down 15% | Google hides Australian revenue
BHP has made a nearly $60 billion bid to acquire a British mining company - to double down on copper and its copper mines.
Shares in Meta fell more than 15% after it warned of increased costs related to its big fat AI investment.
Google has chosen to not reveal the gross amount it makes from Australia for the first time in seven years.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/28/2024 • 7 minutes, 3 seconds
Inflation remains sticky | Beckham vs Wahlberg in $10m battle | TikTok gets closer to US ban
The Reserve Bank of Australia (RBA) has announced inflation of 3.6% which is higher than expected.. And it means a rate cut in 2024 is looking less and less likely
David Beckham is suing Mark Wahlberg for more than $10 million USD after he was allegedly underpaid for an endorsement deal with fitness franchise F45
The US Congress has passed a bill that will could force TikTok to be sold in the US within a year or otherwise be banned altogether
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/25/2024 • 7 minutes, 20 seconds
ABC's generational problem | Amazon's 007 plot | Free-to-air TV vs the TikTok generation
ABC Radio has seen its audience share plummet to the lowest point ever as it struggles to sustain its hero products.
Amazon has been selling goods on its competitors e-commerce platforms for years under the alias “Big River Services” to gather intel on its biggest rivals.
Free to air TV networks, like Seven and Nine, are worried for their futures as teenagers spend 83% less time in front of TVs and more on their phone.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/23/2024 • 6 minutes, 38 seconds
RM Williams has a new customer in mind | LinkedIn's new subscription | Netflix’s best result in years
RM Williams has invested $8 million to expand its focus on a growing women’s category.
LinkedIn is testing a new premium subscription for Company Pages to help raise company profiles on the platform.
Netflix’s revenue has jumped 15% in the first quarter this year but warned the days of sharing subscriber numbers is all over red rover
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4/21/2024 • 6 minutes, 31 seconds
Bonza hits major turbulence | LVMH sales slows down | Crocs and Pringles collab
Bonza, Australia’s fourth largest airline, has hit major turbulence after some major instability from its private equity owner
LVMH saw its sales growth slow down to just 2% as its consumers pull back from Louis Vuitton bags and Hennessy cognac.
Crocs and Pringles are collaborating on new clogs with an accessory you didn’t know you needed…an ankle holster for your potato chips.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/18/2024 • 6 minutes, 28 seconds
News Corp Australia's mega re-structure | Apple loses its smartphone dominance | Tesla to cut 14,000 jobs
News Corp Australia is making its biggest company restructure in decades after Meta decided not to renew its News Bargaining deal with Australian publishers.
Apple has lost its spot as the top phone maker in the world - in the most recent quarter.
Tesla is axing more than 14,000 jobs as demand for electric vehicles slows down.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/16/2024 • 6 minutes, 36 seconds
BlueBet and Betr merger | Cettire struggling to woo investors | NextDC's running hot on AI
Two of Australia’s up and coming betting companies, BlueBet and Betr, will merge to compete with the big players in the betting space.
Luxury fashion retailer Cettire has struggled to woo investors despite an 88% increase in quarterly sales compared to the previous year.
NextDC, Australia’s largest listed developer and operator of data centres, is raising more than $1.3 billion to expand its operations in Australia.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/14/2024 • 6 minutes, 25 seconds
Ola shuts down immediately in Aus | Tesla's building robotaxis | KPMG’s $38 million exam fine
Ola has announced it will officially shut down its ride sharing services in Australia after 6 years as well as other international markets
Tesla has reportedly scrapped its plan to build a lower-cost electric vehicle and is focusing on Robotaxis
KPMG Netherlands has been hit with a $38 million fine for widespread exam cheating from 2016-2020
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/11/2024 • 6 minutes, 44 seconds
Qantas' biggest Rewards overhaul in 35 years | Woolworths' global collaboration | Uber Eats copies TikTok
Qantas has announced a major upgrade to its Frequent Flyer rewards points program which will cost it over $120 million.
Woolworths is partnering with the UK’s Tesco supermarket chain, and other big supermarket chains around the world, on a new $190m investment fund.
Uber Eats is launching TikTok style videos on its app to improve discovery of eateries.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/9/2024 • 6 minutes, 55 seconds
$1.2B: Sydney Airport doubles earnings | Canva makes more millionaires | Alphabet eyes Hubspot
Sydney Airport’s earnings have more than doubled, as Australia’s biggest airport makes the most of our return to flying - in Australia and globally.
Canva has finalised a share sale worth $3.6 billion, making some of its staff overnight millionaires.
Google’s parent company Alphabet is reportedly looking to acquire CRM and marketing software platform Hubspot.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/7/2024 • 6 minutes, 48 seconds
Sportsbet's 27% drop | Spotify to raise prices in Aus | Tesla's new $3b car plant in India
The owner of Sportsbet, which is Australia’s biggest sports betting company, has said the company experienced a big 27% decrease in earnings for the last financial year.
Spotify is planning to raise its prices AGAIN in key markets, including Australia - and it’s mostly thanks to... audiobooks.
Tesla is location scouting for a new car plant in India that could be worth between $2b-$3b USD.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/4/2024 • 7 minutes, 30 seconds
Thanks China: Treasury Wines to increase prices | Google to destroy incognito data | Adam Neumann to own WeWork..again?
ASX-listed wine maker, Treasury Wines, is likely to increase prices on Penfolds wines, as China finally loosens tariffs on Aussie wine.
Google is planning to destroy users’ ‘incognito mode’ browsing data as part of a lawsuit settlement.
WeWork’s founder, Adam Neumann, and several partners are looking to buy WeWork out of bankruptcy for more than $766m.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/2/2024 • 7 minutes, 16 seconds
Armaguard's financial lifeline | Peter Alexander and Smiggle to separate | Spotify tests e-learning
Australia’s big banks and some of the Australia’s biggest retailers have given a financial lifeline to Armaguard to keep the cash transport company alive.
The owner of Peter Alexander and Smiggle, Premier Investments, is looking to separate the two retailers from the parent company so they can trade as individual entities.
Spotify is testing online-learning courses in its latest content experiment.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/26/2024 • 7 minutes, 7 seconds
Reddit's stock soared 48% | Unilever's ice cream spinoff | Baraja's value = down down
Reddit’s share price launched 48% on its first day as a listed company last week on the New York Stock Exchange.
Unilever is melting away its ice cream division and is axing 7,500 jobs in an effort to cut costs big time.
Baraja, the $300m Aussie self driving car tech startup, has allegedly had its value written down to zero by its venture capital investors.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/24/2024 • 7 minutes, 3 seconds
Chemist Warehouse's 30% profit | Gucci's $10B China problem | Hermes' class action suit
Chemist Warehouse has announced a profit increase of nearly 30% in the lead up to its proposed merger with Sigma Healthcare.
Gucci’s got a problem, and its name is China - yup, we’re talkin’ a share price drop costing Gucci’s owner $10.5 billion.
Luxury brand Hermes is facing a class action suit for alleged antitrust behaviour over the sale of its Birkin bags.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/21/2024 • 6 minutes, 35 seconds
Uber's $272M settlement | Google in talks with Apple | BHP's 100 job cuts
Uber is paying Aussie taxi drivers $272m in big class action settlement
Google is looking to partner up with Apple to licence the Google Gemini AI system for the iPhone
BHP is reportedly laying off close to 100 staff members at its mega West Musgrave nickel and copper project in Western Australia.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/19/2024 • 7 minutes, 1 second
Amazon's secret tool to challenge AusPost | Liquid Death's valuation jump... for water | PwC slashes jobs
Amazon is recruiting a fleet of contractors to grow its delivery network in Australia, and take on Australia Post.
Liquid Death, the canned-water brand that helps you “murder your thirst” has just doubled its valuation… because people actually pay for branded H20.
PwC Australia will make more than 320 staff and 37 partners redundant over the next nine months as they try to recover from the tax scandal.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/17/2024 • 6 minutes, 51 seconds
Optus is for sale | Myer's new loyalty strategy | TikTok's big ban in the US
Optus’ owner, Singtel, is looking like to sell the Aussie telco in a multi-multi billion dollar deal.
Myer has seen its share pop more than 5% after it managed to stabilise its results… and bring in a new Exec to lead it into the future.
TikTok is facing an existential threat as the US House of Representatives has passed a bill to ban app stores from the app.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/14/2024 • 7 minutes, 5 seconds
Google splits away from Meta in Australia | Musk to open up Grok to the world | Pfizer focuses on curing cancer
Google Australia is going to split away from Meta as it looks to renegotiate its media deals under the Media Bargaining Code.
Elon Musk has announced that xAI, his ChatGPT rival, will make its chatbot, Grok, open source.
Pfizer, the biotech that boomed off the back of COVID, has shifted gears and is now focusing on cures for cancer to grow its revenue.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/12/2024 • 6 minutes, 2 seconds
Amazon Australia steals market share | Apple faces $2 billion fine | Tigerlily falls into administration...again
Amazon has crossed $3 billion in sales in Australia as it snatches customers from its competitors.
Apple has been whacked with a $2B euro fine in Europe for suppressing competition in the music-streaming industry.
Tigerlily, one of Australia’s biggest swimwear brands, has fallen into administration for the second time.. In just four years.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/7/2024 • 6 minutes, 20 seconds
Private health insurance's price jump | Reddit plans to IPO with a twist | Bitcoin's cracks $100k
Private health premiums in Australia are going to rise by the biggest amount in five years on April 1st.
Reddit, the social media platform, is planning to IPO this month on the New York Stock Exchange in the first major tech IPO of 2024.
Bitcoin’s value has crossed $100,000 Australian dollars, a new all-time high since it peaked in late 2021.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/5/2024 • 6 minutes, 55 seconds
Meta breaks up with Aussie publishers | Life360's shares skyrocket | Bumble's problem with Gen Z
Meta has warned that it won’t renegotiate new Australian media deals as it plans to pull the News tab from its app in Australia.
Life360, the ASX-listed family tracking app, has seen its shares skyrocket over 30% as it starts to push ads in the app.
Bumble’s love affair with profits has hit a standstill after reporting a $32 million USD net loss in its fourth quarter…and making major cuts to staff.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/3/2024 • 6 minutes, 37 seconds
Harvey Norman's got confidence | Apple ends its electric dream | Disney's Indian collab
Harvey Norman has seen its pre-tax profit drop by more than 45% because Aussies are feeling the pinch of living.
Apple has decided to pull the electric-plug on its self-driving electric car project after 10 years in the making.
Disney is teaming up with the largest company in India in a major $8.5 billion USD deal.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/29/2024 • 7 minutes, 5 seconds
Kogan's profitable pivot | Adore Beauty gives customers love | Formula 1's new beauty partnership
Kogan.com has seen its net profit triple over the past six months even as it saw its sales decrease.
Adore Beauty has seen its revenue increase to over $100 million for the first half of the financial year, after giving its returning customers more love.
Formula 1 has signed its first ever beauty brand partnership - with a luxury cosmetics brand.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/27/2024 • 6 minutes, 41 seconds
Medibank's growing pains | Vice Media turns off its website| Nintendo delays the new Switch
Medibank’s share price has been whacked after it failed to achieve its forecasts thanks to slow member growth.
Vice Media is laying off hundreds of jobs and is even shutting down its own website vice.com.
Nintendo’s shares have dropped almost 9% after the company delayed the release of the next Switch console.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/25/2024 • 6 minutes, 57 seconds
Qantas' positive spin on profit drop | Nine haunted by the ad market | Nvidia's chips smash lofty expectations
Qantas has announced a 13% drop in half-year profits, but some are seeing this as a positive sign.
Nine Entertainment has seen its profit drop by more than 40% for the first half of FY24 after a “markedly weaker ad market”.
Nvidia, the hottest chipmaker in the world, has smashed its lofty expectations in the January quarter and its share price has gone berserk.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/22/2024 • 6 minutes, 45 seconds
ANZ-Suncorp deal gets approval | Star Entertainment's in hot water...again | Kathmandu is struggling to sell puffers
ANZ is one step closer to acquiring Suncorp for $4.9 billion, after a court overturned the ACCC’s decision to reject the acquisition.
Star Entertainment’s shares have dropped 22% after a second inquiry into the Sydney Star Casino.
The company behind Rip Curl and Kathmandu has seen its shares hit an all-time low after warm weather has hurts their sales.
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2/20/2024 • 6 minutes, 44 seconds
The power of Taylor Swiftonomics | Kmart's dupe boost | OpenAI's got a memory
Taylor Swift performed her first set of shows in Melbourne over the weekend and not only is she entertaining crowds, but giving a major boost to the economy.
Kmart has announced record earnings for the last six months after an increase in earnings of 26% thanks to beauty and apparel.
OpenAI is rolling out a new feature that gives ChatGPT the ability to recall details about their users indefinitely.. So you don’t have to repeat yourself.
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2/18/2024 • 6 minutes, 42 seconds
Temple & Webster sells sofas like hotcakes | Breville's sales plan backfires | BYD to double its Aussie electric dream
Temple & Webster has smashed market expectations after announcing a 23% rise in sales for the past 6 months.
Breville, the home appliances giant, has seen its sales take a big hit after it stopped discounting its products.
BYD, the Chinese electric car maker - and arch rival to Tesla - expects to almost double sales in Australia this year… and bring an electric ute to the market.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/15/2024 • 6 minutes, 37 seconds
JB Hi-Fi's profit drop | CSL's trial failed | Seek's paid ad problem
JB Hi-Fi has seen its net profit drop by more than 20% but it still excited investors enough to see its share price bounce over 5%.
CSL, the blood products giant, saw its market value drop by more than $7 billion after one of its most exciting trials didn’t quite have the results they were looking for.
Seek Ltd has seen its share price take a beating after paid ads on the platform dropped 20% in the first half of the year.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/13/2024 • 6 minutes, 47 seconds
Myer breaks sales records | NewsCorp's battle with AI | Uber's finally profitable
Myer has announced its annual sales hit its highest level since 2005… and more than doubled its profits from pre-COVID.
NewsCorp Australia has seen its revenues drop 6% across the past quarter after its advertising revenue copped a big hit.
Uber has announced its first ever annual profit, which has pushed its share price to an all-time high.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/11/2024 • 6 minutes, 43 seconds
AGL's profit quadruples | Cettire's boom in luxury sales | Disney invests in Epic Games
AGL Energy has seen its core net profit quadruple in the past 6 months after jacking up energy prices.
Cettire, the ASX-listed luxury goods marketplace, has seen its share price jump nearly 35% after its sales exploded like demand for a Hermes handbag.
Disney is investing $1.5 billion USD in Epic Games to build a whole new digital Disney world in the hopes of rebuilding its profitability.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/8/2024 • 6 minutes, 51 seconds
PwC turns to AI chatbots | Gen Z + luxury watches | Fishbowl goes global
PwC Australia has launched a new virtual assistant, called ChatPwC, which is meant to help boost the quality of client work.
LVMH, the luxury giant, is making a big push to grow its market share in the luxury watch market with a focus on targeting millennials and Gen Z.
Fishbowl, the Australian fast-food chain, has launched its first US store and has plans to hit $100 million in revenue this year.
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2/6/2024 • 7 minutes, 25 seconds
Atlassian's share price rollercoaster | Tinder's found their revenue match | Ferrari find their new champ
Atlassian, the Australian software behemoth, saw $5 billion USD wiped from its market value despite hitting major milestones.
Tinder and Hinge’s parent company has seen its quarterly revenue grow 10% as more and more people are looking to find love.
F1 champion Lewis Hamilton has made a major sporting move, announcing that he’ll be leaving Mercedes and joining Ferrari in 2025.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/4/2024 • 6 minutes, 28 seconds
Is Afterpay on the chopping Block? | TikTok's battle with T-Swizzle and co | Elon Musk loses $51 billion USD
Afterpay's owner Block is reportedly cutting more than 1,000 jobs as it looks to streamline its operations across Australia and around the world
TikTok will no longer have music from Taylor Swift, BIllie Eilish and Ariana Grande on their platform after a break down with their record label.
Elon Musk is looking like he might become $51 billion USD poorer after a judge has voided his enormous pay package.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/1/2024 • 7 minutes, 12 seconds
Sara Lee is back in biz | Pharma companies at risk | Godfrey's has collapsed
Sara Lee, the famous frozen dessert brand, has been saved from administration by the former owners of Darrell Lea
The top 20 pharma companies in the world are at risk of losing $180 billion in sales by 2028, according to a new EY report
Godfreys, the iconic Aussie vacuum cleaner retailer, has collapsed into administration after nearly 100 years
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1/30/2024 • 6 minutes, 38 seconds
Stage 3 tax cuts explained | Dominos' share price plummets | Netflix & WWE announce major collab
The Prime Minister has announced changes to the ‘Stage 3’ tax cuts that will mean thousands of extra bucks for some low and middle income Aussies
Domino’s Pizza has seen its share price plummet nearly 30% after its first half net profit is expected to drop
Netflix has struck its biggest deal ever for a live sport with its $5 billion USD deal with the WWE
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1/28/2024 • 7 minutes, 20 seconds
Canva's new valuation | Appen's bitter pill from Google | Zip's return to profitability
Canva is getting close to finalising a secondary share sale with a plan to sell off more than $2 billion in shares.
Appen, the ASX-listed AI company, has seen its share price tumble by nearly 40% after it lost its major contract with Google.
Zip Co. shares jumped 15% on the ASX after announcing it would be returning to profitability for the first time in three years.
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1/23/2024 • 7 minutes, 18 seconds
Kmart's going global with Anko | Reddit plans to go public | Uniqlo sues arch-rival Shein
Kmart is hoping to sell its Anko branded products into major US retail stores as it turns its private label-brand into a real, standalone brand.
Reddit, the social media platform, has finalised its long-awaited plans to IPO with a plan to go public in March.
Uniqlo is suing Shein for allegedly selling dupes of their viral bag.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/21/2024 • 6 minutes, 54 seconds
Zoe Foster Blake buys back Go-To | Adobe and Figma call it quits | Toshiba delisting 74 years in the making
It's our final podcast for the year. Thank you so much for being with us this year as we shared our thoughts on some of the biggest and juicy business news stories in 2023.
We'll be back and better than ever on January 22nd, 2024.
Have a great break!
_
Zoe Foster Blake has bought back a majority stake in her skincare brand for less than a quarter of the price she sold it for… just two years ago.
The proposed marriage between design companies Adobe and Figma has been broken off after pressure from competition regulators.
Toshiba is delisting from the Tokyo stock exchange after 74 years after a major buyout from a private equity investor.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/21/2023 • 6 minutes, 44 seconds
General Pants is in survival mode | End of an era for Zoom | Sportsbet's double-digit revenue drop
General Pants, Surfstitch and Ginger & Smart are all in survival mode right now as its parent company loses millions of dollars.
Zoom has dropped out of the Nasdaq 100 after battling to maintain its relevance and strong performance in 2023.
Sportsbet has suffered a double-digit drop in revenue for the third-quarter compared to last year.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/19/2023 • 5 minutes, 57 seconds
7-Eleven Australia's big goal | China's in deflation territory | Tesla self-driving fail
The new owner of 7-Eleven Australia expects growth to come NOT from petrol but from merchandising - as it aggressively expands its number of stores here.
China's consumer prices fell the fastest in three years in November thanks to a major decline in meat sales
Tesla has recalled more than more than 2 million cars after its self-driving car features software still isn't working as planned.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/17/2023 • 5 minutes, 56 seconds
ACCC tries matchmaking Suncorp-Bendigo merger | US Fed pauses interest rate | Amazon competes against itself
The ACCC is trying to push a merger between Suncorp Bank and Bendigo Bank to take on the Big 4 in banking.
The US Federal Reserve has kept the interest rate on pause for a third straight time and hinted of rate cuts next year.
Amazon is launching a new competitor to its own book tracking website.
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12/14/2023 • 5 minutes, 48 seconds
McDonald's Australia faces class action | Hasbro toys are struggling | Google loses major app lawsuit
McDonald’s Australia is facing a Big-Mac sized class action for allegedly forcing staff to work additional hours for free.
Hasbro, the toy and gaming maker, has announced 1,100 layoffs after it saw overall revenue decline.
Google has lost a major antitrust case against Epic Games that could change the app stores forever.
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12/12/2023 • 5 minutes, 56 seconds
$80 billion Australian mining merger | Afterpay's bad debts | Google's latest AI release
Australia’s two largest oil and gas companies are looking to merge in an $80 billion merger.
Afterpay has suffered more than $475 million in bad debts in the last 18 months as the buy- now-pay-later industry becomes more challenging.
Google has launched its latest AI model Gemini, which apparently outperforms ChatGPT according to Google.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/10/2023 • 5 minutes, 54 seconds
Chemist Warehouse to list on ASX | AusPost to end daily letters | Twitch is shutting down in South Korea
Chemist Warehouse is looking likely to list on the ASX before the end of the year in a reverse listing via one of its suppliers.
Australia Post has got the all-clear from the government to end daily letter deliveries - in order to keep it financially viable.
Twitch is shutting down its operations in South Korea because of ‘prohibitively expensive’ network fees.
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12/7/2023 • 5 minutes, 58 seconds
Amazon acquires Cricket World Cup rights | Spotify lays off employees | Mastercard's AI shopping tool
Amazon Prime Video has shaken up the broadcasting landscape after locking in the rights to the Cricket World Cup for Australia.
Spotify has just announced its third round of cuts of 2023 as it lays off 1,500 employees to reduce costs.
Mastercard has launched a new AI shopping tool to help its customers find the best outfit for a wedding.. Or the beach.
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12/5/2023 • 5 minutes, 52 seconds
7-Eleven Australia's major sale | Aristocrat Leisure's big show to investors | Dr Martens' share price drop
7-Eleven Australia has been sold for more than $1.7 billion to the owners of the 7-Eleven parent group in Japan.
Aristocrat Leisure, the Aussie gambling machine manufacturer, is hosting a day for its biggest investors to address concerns over its social impact.
Dr Martens’ share price dropped over 27% after issuing its fourth profit warning in 12 months.
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12/3/2023 • 5 minutes, 49 seconds
Temple & Webster's boost| Australian's inflation rate drop | Amazon enters AI race
Temple & Webster, the online furniture retailer, has bucked the cost of living trend with a big jump in sales over the past 5 months.
Australia’s inflation rate for October dropped below 5% for the first time in over 20 months.
Amazon has entered the AI race with their new chatbot, Amazon Q, that’s designed specifically for businesses.
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11/30/2023 • 5 minutes, 58 seconds
Adore Beauty's big takeover offer | Edrolo's AI crisis | ByteDance scales back gaming operations
Adore Beauty has knocked back a takeover bid, but whispers of this offer have seen its share price jump 20%.
Edrolo, the Australian education startup, has cut a large chunk of its team because AI has disrupted the sector.
ByteDance, the owner of TikTok, is scaling back its gaming operations, which could leave 3,000 employees without jobs.
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11/28/2023 • 5 minutes, 58 seconds
Aussie startup raises $109 million | X loses major ad partners | Aussie banks' anti-scam technology
Songtradr, the Aussie-founded music licensing platform, has raised over $100 million in one of the largest capital raises of 2023.
Disney, Apple and IBM have all warned that they will stop advertising on X after their ads appeared next to anti-semitic posts.
Australian banks are coming together by introducing new name-checking technology to stop scammers.
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11/26/2023 • 5 minutes, 56 seconds
Sweat app returns to Kayla | Binance's billion dollar criminal charges | Kim K invests in truffles
Kayla Itsines and her ex-partner have made a power move by buying back their global fitness app Sweat.
Binance, the world’s largest crypto exchange, has pleaded guilty to criminal charges and will pay $4.3 billion USD in penalties.
Kim Kardashian’s private equity firm, SKKY, has made its very first investment into a condiments brand Truff.
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11/23/2023 • 5 minutes, 56 seconds
Akubra hats has a new owner | OpenAI staff's threat to quit | Culture Kings' massive discounts
Akubra, the 147 year old Australian hatmaking company, has been acquired by Andrew Forrest’s investment group Tattarang in another big Aussie acquisition.
Open AI staff have threatened to quit after the Board fired its CEO and Founder Sam Altman over the weekend.
Culture Kings has been shelling out massive discounts to clear stock after facing low consumer spending.
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Accent Group, the company behind Hype and Platypus shoes, has seen its shares tumble 10%.
OpenAI has released a brand new feature at its annual DevDay that could be just as transformational as ChatGPT was last year.
Marvel Studio’s latest film, The Marvels, has tanked at the box office with the worst opening weekend ever for the Marvel Cinematic Universe.
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11/19/2023 • 6 minutes
McDonald's Australia's burger war| Red Bull's F1 racing success | Amazon is ditching boxes
McDonalds Australia has lost its three year legal battle with Hungry Jack’s over the Big Mac lookalike burger, the Big Jack.
Red Bull has seen a huge jump in energy drink sales after the success of its F1 racing team.
Amazon Australia is planning to ditch boxes for more of its deliveries because Australian customers don’t really want them.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/16/2023 • 5 minutes, 58 seconds
CommBank is margin over growth | Crocs x McDonald's | The Body Shop has a new owner
CommBank has prioritised its margin over its growth in the past quarter as it announces a profit of $2.5 billion for the past 3 months.
Crocs has released a collaboration with McDonald’s for a new shoe line, with socks and jibbitz as well.
Natura&Co, the global cosmetics company, has signed a deal to sell The Body Shop to Aurelius in a monster deal.
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11/15/2023 • 6 minutes
Coca-Cola's fizzy situation with the ATO | ExxonMobil enters lithium | Pfizer's weight-loss drug
The Coca-Cola Company is in a fizzy situation as it battles a $170 million in tax case with the Australian Tax Office.
ExxonMobil, one of the largest oil and gas companies in the world, has announced plans to become a “leading producer” of lithium for electric vehicles.
Pfizer is creating a new weight-loss drug to try and steal a chunk of the rapidly growing weight-loss drug market.
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11/14/2023 • 5 minutes, 58 seconds
Seven takes a slice of KIIS owner| ANZ's record profit | 30,000 shipping containers stuck in Australian ports
Seven West Media has entered the chat for ARN Media by acquiring nearly 20% of the company out of nowhere.
ANZ has achieved a record profit for the last financial year of more than $7 billion, but its firing up quite the competition with the other big banks.
DP World, the biggest port operator in Australia, has been hit with a cyber attack that brought their Australian operations to a halt.
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11/13/2023 • 5 minutes, 57 seconds
CoinSpot gets robbed | Shein eyes $90 billion valuation | Amazon joins forces with Meta
CoinSpot, one of Australia’s largest crypto exchanges, has seen more than $2 million stolen from accounts on their platform.
Shein, the fast-fashion retailer, is targeting a $90 billion valuation as it prepares for its public listing in the US.
Amazon and Meta are joining forces on a new in-app shopping feature for Facebook and Instagram.
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11/12/2023 • 5 minutes, 53 seconds
Xero's got a Goldilocks problem | Westpac dumps PwC | Scentre Group's customer visit boon
Xero, the accounting software, has seen its shares dive 10%, despite a 90% earnings boost.
PwC has been dumped by Westpac as their external auditor after a 20 year relationship.
Scentre Group, the company behind Westfield shopping centres in Australia and NZ, has seen its income grow in the double digits.
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11/9/2023 • 5 minutes, 59 seconds
Optus' costly outage | Klarna's ringing in the profits | Elon Musk's sassy AI bot
Optus has suffered a major outage across the country yesterday that not only impacted millions of customers, but also, public transport and hospitals.
Klarna, the Swedish based buy now pay later, has announced its first profitable quarter since 2019.
Elon Musk has entered the AI chat with his newest toy, Grok, is an AI chatbot with a ‘rebellious streak’.
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11/8/2023 • 5 minutes, 55 seconds
Berkshire Hathaway's $157 billion in cash | Block is pleasing investors | Airwallex takes on the banks
Block's shares jumped 25% late last week after its CEO listed its forecast for the next two years and announced a major share buyback.
Warren Buffett’s Berkshire Hathaway is sitting on a record $157 billion USD in cash because he just can’t find any good deals.
Airwallex has launched a new product to challenge the banks on business savings accounts
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11/7/2023 • 5 minutes, 58 seconds
Atlassian's major share price hit | Apple's longest sales slump | Live Nation's owes Taylor Swift big!
Atlassian’s share price has taken a major hit after its customer growth slowed down, and a general fear Atlassian could lose even more customers in the future.
Apple is suffering through its longest sales slump in more than a decade, but investors are still pretty happy with the news.
Live Nation has had its strongest quarter ever, after a year of soaring demand for live entertainment.
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Major Australian companies are looking to tie employee bonuses to office attendance as they try to ramp up getting teams in the office.
ASX-listed Treasury Wine Estates will acquire a high-end wine group Daou Vineyards for nearly $1.6 billion.
Origin Energy’s biggest shareholder AustralianSuper has voted against a takeover offer by North American companies Brookfield and EIG.
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11/2/2023 • 6 minutes
Cotton On's global ambitions | WeWork's heading for bankruptcy | Bud Light's redemption
Cotton On has hit the major milestone of more than $2 billion in revenue for the 2023 financial year.. And has no plans of slowing down.
WeWork is planning to file for bankruptcy as early as next week after it’s still struggling with massive debts and big losses.
Anheuser Busch InBev, parent company of Bud Light beer, is looking at live entertainment to lift its dwindling sales.
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11/1/2023 • 6 minutes
Adore Beauty defies the odds | McDonald's big revenue jump | Shein acquires Missguided
Adore Beauty is defying the odds in the retail world with a growth in customers and a profit margin for the first three months of this financial year.
McDonald’s quarterly revenue has jumped 14% thanks to new promotions and of course Spicy Chicken McNuggets.
Fast fashion giant, Shein is expanding its product range by acquiring British competitor, Missguided.
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10/31/2023 • 5 minutes, 56 seconds
Qantas denies ghosting | Coca-Cola beats Pepsi | Dan Murphy's customers go mainstream
Qantas has denied that its “ghost flight” ticket sales broke the law and now it’s planning to prove it in court.
Coca Cola has just released its quarterly results, and has come out on top against rival Pepsi.
Endeavour Group, the owner of Dan Murphy’s and BWS, has seen consumers shift away from fancy beers and back to the mainstream as the cost of living bites
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Harvey Norman is looking to buy back 10% of its shares after its first quarter profits halved.
Tinder has released a new Matchmaker tool that allows friends and family members to scrutinise your possible matches.
Altria, the owner of Marlboro cigarettes, has seen its share price SMOKED after a disappointing forecast of the future.
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Uber Eats Australia has copped a major fine after it sent out more than two million emails that broke Australia's spam rules
Meta has celebrated its strongest quarterly growth in over two years but it’s cautious of celebrating too early because there may be some dark clouds coming in 2024
Coles achieved a 3.4% growth in sales for the most recent quarter.. but private label products were the real winners.
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10/26/2023 • 5 minutes, 52 seconds
Afterpay's new product | Microsoft's AI success | Hasbro teams up with Marvel
Afterpay has launched a new premium product to encourage its customers to purchase more goods… with credit.
Microsoft has seen its sales fly high as it cashes in on the AI gold rush… but Google isn’t getting the same love from investors.
Hasbro’s billion dollar card game, Magic, is teaming up with Marvel to create superhero collectible cards.
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10/25/2023 • 5 minutes, 58 seconds
Medibank wants doctors on its side | F45's $370 million USD loss | Kim K's Skims is shaping up for men
Medibank is looking to acquire the remainder of MyHealth as it looks to double down on primary healthcare, like doctors.
F45, the Australian-founded fitness has finally released its financial accounts for the 2022 calendar year..and it ain’t pretty.. As expected.
Kim Kardashian’s brand Skims is expanding beyond female clothing and into the booming men's apparel market.
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10/24/2023 • 5 minutes, 59 seconds
Seven's fight to win The Ashes | Netflix's subscriber success | Providoor's new spin
The Seven Network may pull out of the fight to win the broadcast rights for the Ashes as English cricket executives demand $50 million for the next two Ashes series.
Netflix has seen its subscribers continue to grow thanks to its password-sharing crackdown.
Providoor, the online marketplace for high-end restaurants, has risen from the ashes with a new spin after collapsing in April this year.
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10/23/2023 • 5 minutes, 55 seconds
Employment Hero's $267m capital raise | Tesla's price drop hurts its numbers | ARN's takeover of Southern Cross
Employment Hero, the Aussie payroll and HR platform, has raised $263 million with a plan to take its workforce product even more global.
Tesla has missed its profit and revenue targets for the last quarter and as a result Elon Musk has lost $24 billion USD.
ARN Media, the owners of KIIS FM, are looking to takeover Southern Cross Media, the owners of Fox FM and Triple M in a maaajor radio deal.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/22/2023 • 6 minutes
BONUS EPISODE: Having difficult conversations about money
We are so excited to launch this bonus episode of What the Flux.
In the Flux app, we create bingeable crash courses every month to help you smash your financial goals…
This month, we’re covering one of the most-requested but curly topics - managing difficult money conversations.
We had such awesome conversations with three money experts in the Academy - so we wanted to share some of the juicy insights in a podcast episode.
A big thank you to Betsy Westcott, Redom Syed and Karen Eley.
Download the Flux app and check out this month's Flux Academy to learn more.
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10/22/2023 • 9 minutes, 53 seconds
Sara Lee Australia's voluntary administration | 23AndMe gets hacked | Amazon's drone-delivery is going live
Sara Lee, the iconic dessert brand has gone into voluntary administration after more than 50 years.
23AndMe, the genetic testing company, has been hacked and now the records of millions of its users have been leaked online.
Amazon has announced it will be rolling out its 60 minute drone delivery with a plan for 500 million deliveries per year by 2030
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/19/2023 • 5 minutes, 59 seconds
News Corp faces investor pressure | Netflix launches 'Netflix House' | Ferrari's in the cryptocurrency lane
News Corp is under investor pressure to separate its investment in realestate.com.au from its main business to unlock shareholder value.
Netflix is planning to open themed stores known as “Netflix House” to offer retail, dining and live experiences.
Ferrari has gone full throttle into the cryptocurrency lane as they start to accept bitcoin payments for their cars.
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10/18/2023 • 5 minutes, 56 seconds
Cochlear's hearing big profit growth | Manchester United rejects Qatari takeover bid | Pfizer's vaccine decline
Cochlear, the ASX-listed bionic ear company, reckons its profit to grow by double digits in this financial year.
A major bid to buy Manchester United football club has failed because its majority owners just weren’t happy with the price tag.
Pfizer has announced that it will cut over $9 billion USD from its annual sales forecast after declining demand for Covid vaccines…and investors are kind of here for it.
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10/17/2023 • 5 minutes, 59 seconds
Penfolds' luxury wine boom | Microsoft seals Activision deal | TikTok partners with Disney
Treasury Wine Estates has seen its luxury wine sales boom and it is hoping that Chinese wine tariffs may also be lifted soon.
Microsoft has finally completed its $69 billion USD acquisition of gaming company Activision Blizzard after nearly two years of fighting with regulators.
Tiktok has landed Disney as its latest publishing partner for TikTok’s new-ish premium ad product.
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10/16/2023 • 5 minutes, 58 seconds
Atlassian $1.5 billion acquisition | Google renovating its Search | RedBubble's shares jump
Atlassian has shelled out $1.5 billion to buy US video messaging service Loom to expand Atlassian’s collaboration tools empire.
Google has added conversational mode to its Search tool to compete with ChatGPT.
RedBubble, the ASX-listed online marketplace, saw its shares jump over 30% last week as it prioritised becoming cash flow positive again.
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10/15/2023 • 5 minutes, 58 seconds
Telstra $267 million acquisition | Birkenstock stomps onto the NYSE | ExxonMobil drops the largest takeover of 2023
Telstra has bought cloud-computing company Versent for $267 million to boost their digital services.
Birkenstock Holdings listed on the New York Stock Exchange yesterday and has seen its shares drop more than 11% in one of the worst listings in 2 years.
ExxonMobil, the major oil and gas company, has acquired Pioneer Natural Resources in a $59 billion USD acquisition in the largest takeover this year so far.
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10/12/2023 • 5 minutes, 58 seconds
Qantas' Chairman steps down | PepsiCo beats investor expectations | Apple and Google's tap-and-go regulation
Qantas’ Chairman of 5 years, Richard Goyder, will step down at the end of 2024 after the several recent controversies at Qantas.
PepsiCo’s quarterly earnings and revenue beat investor expectations because people just keep coming back… despite the price rises.
Apple Pay and Google Wallet could soon be facing additional regulation by the RBA.
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10/11/2023 • 5 minutes, 56 seconds
Virgin Australia's first profit in a decade | Samsung's got too many chips | Fortescue's 25-year deal
Virgin Australia has recorded its first annual profit in more than 10 years after its revenue more than doubled in the last 12 months.
Samsung's third-quarter profit is expected to plummet by almost 80% because of a global chip glut.
Fortescue Metals has signed a new 25 year deal to expand into new renewable energy projects.
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10/10/2023 • 6 minutes, 20 seconds
Seven Network takes out the crown | Uber will return your package | NBA's new media deal is heating up
Seven Network claims title of Australia’s most watched network for third straight year.
Uber is launching a new service to return unwanted packages as over-ordering becomes a norm.
The NBA is in preliminary stages of its new media deal and it could include a whole host of streaming services.
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10/9/2023 • 5 minutes, 57 seconds
VGW's billion dollar loophole | X cuts the headlines | Ozempic's massive popularity
Virtual Gaming World, the locally owned online casino, has recorded nearly $5 billion in revenue to become one of the largest privately-owned Australian companies by revenue.
X, formerly Twitter, has started cutting headlines from any external links to get users to post long form content in the app.
Ozempic, the weight-loss/diabetes drug, has seen such a massive rise that it’s starting to have some major ripple effects on other industries, from snack foods to airlines.
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10/8/2023 • 5 minutes, 58 seconds
Canva's $200 million Creator Fund | Sam Bankman-Fried's trial begins | CBA's market share decline
Canva has announced an annualised revenue of $1.7 billion USD as well as a chunky $200 million creator fund.
Sam Bankman-Fried’s trial began this week - after being accused of stealing billions in customer funds from his crypto company FTX.
CBA has seen a decline in its home loan market share for the second month in a row… and CBA maaaaaay be starting to panic.
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10/5/2023 • 5 minutes, 57 seconds
Spotify's audiobook freebie in Australia | Liontown's got a fight on its hands | Starbucks is designing new beans
Spotify has released more than 1.5 million audiobooks into its premium subscription in Australia and the UK to convince more people to love audiobooks.
Gina Rinehart's Hancock Prospecting has picked up a large chunk of shares in super popular aussie stock Liontown Resources and this might block a $6.6 Billion Bid.
Starbucks is developing a new variety of coffee beans because it's concerned that climate change threatens supply.
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10/4/2023 • 5 minutes, 59 seconds
Kellogg's major rebrand | Foxtel to lose "Succession" and more | TikTok's ad-free subscription tier
It’s RIP for Kelloggs in Australia as they re-brand Coco Pops and Crunchy Nut under their new brand… Kellanova.
Warner Bros Discovery plans to launch its Max streaming platform in Australia in 2025… which is really going to hurt Foxtel and Binge.. who licence their content.
TikTok is testing out a new ad-free subscription tier to open up new sources of revenue.
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10/3/2023 • 5 minutes, 57 seconds
Rex takes on Qantas with new loyalty program | Nike's sorts out its stock | Meta's celeb-AI bots
Regional Express will soon launch its own frequent flyer program to take on Qantas and Virgin for the loyalty of the Australian public.
Nike’s investors have given the big Nike-tick-of-approval after it announced its inventory glut is easing.
Meta has introduced new AI features… with a bit of a spin in an attempt to find their footing in the AI industry
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10/2/2023 • 6 minutes, 14 seconds
PwC's 'growth at all costs' mindset | Meta's new Smart Glasses | Snap shuts down its AR division
PwC Australia has released the internal report that was commissioned after its tax scandal.. And it’s got some pretty hairy findings.
Meta has announced a heap of new products at its Annual Developer Conference, including AR headsets and Smart Glasses.
Snap is shutting down its Augmented Reality division just months after the launch…because it’s just not that special.
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10/1/2023 • 5 minutes, 55 seconds
Star Casino's $750 million grovel | 17 US States sue Amazon | Taylor Swift boosts the NFL
Star Entertainment, the owner of Star Casino, is looking to raise $750 million from investors to keep it alive.
The US Government and 17 States are suing Amazon over concerns that they’ve abused their market dominance and harmed competition.
Taylor Swift’s not-quite-confirmed relationship with an NFL star has seen a nearly 400% boost to the team’s merch.
Just a quick heads up: We'll be taking a break for the AFL Grand Final public holiday tomorrow - but we'll see you on Monday!
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9/27/2023 • 5 minutes, 55 seconds
News Corp's shop is open | Tinder's exclusive new membership | A new Hollywood deal is written
News Corp Australia claims it is the first major news publisher in Australia to launch an online shopping platform.
Tinder has rolled out a new, high-end membership to help desperate singles find love.
The Writers Guild of America has reached a tentative deal with the Hollywood studios after a 146 day strike.
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9/26/2023 • 5 minutes, 56 seconds
Mr Yum and me&u's merger | Stake vs Stake battle royale | H&M disincentivises returns
Mr Yum and me&u, the two arch rivals, have just finalised a deal to combine their QR code ordering businesses.
Share trading company Stake and crypto casino Stake.com are going head to head in a battle over naming rights.
H&M is starting to charge shoppers for online returns as a way to disincentive shoppers from sending backs heaps of items.
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9/25/2023 • 6 minutes, 19 seconds
AusSuper wants more for Origin Energy | Klaviyo pops on the Nasdaq | ACCC blocks Transurban from the Monopoly Board
AustralianSuper, the largest shareholder of Origin Energy, reckons the current takeover bid of $18.7 billion isn’t enough.
Klaviyo, the email marketing software, is the latest tech company to list on the Nasdaq… and pop haaaard on debut.
The ACCC has blocked Transurban from acquiring a toll road in Australia for the first time everrrr.
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9/24/2023 • 5 minutes, 58 seconds
Airbnb's new 7.5% levy | Disney's $60 billion park investments | Bard's becoming relevant?
Victoria will hit short stay rental companies like Airbnb with a 7.5% levy from 2025 and other states are watching veeeeery closely.
Disney is planning to almost double its park investments to $60 billion USD over the next 10 years.
Google has just released a new version of its AI chatbot Bard that will integrate into your life with the full suite of Google tools.
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KMD Brands, owner of Kathmandu and Rip Curl, has posted more than a billion dollars in sales for the first time over the last 12 months.
Instacart, the popular grocery delivery app in North America, IPO’d this week at a valuation of around US$10b, but it actually wasn’t a great outcome for investors.
YouTube won't let Russell Brand sell ads on the platform after recent sexual assault allegations against him.
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9/20/2023 • 5 minutes, 56 seconds
Yellow Brick Road is FIRED | #TikTokmademebuyit becomes reality | The music industry is singing
Yellow Brick Road, the ASX-listed mortgage broker is planning to delist from the ASX because of concerns that investors just don’t “get” the business.
TikTok is diving headfirst into e-commerce with the launch of TikTok Shop to all US users by early October.. And then the world.
The music industry has set a brand new milestone with music revenue hitting an all time high.
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9/19/2023 • 5 minutes, 55 seconds
Elle Australia's print comeback | Costa Group weighed down by the weather | Las Vegas casinos in turmoil
Elle, the Fashion magazine, is returning to print thanks to a comeback of hard copy publishing.
Australia’s largest fruit and veg processor has had its buyout price sliced by more than $100m.
MGM Resorts, the owner of casinos in Las Vegas, has suffered a outage after a major cyberattack on its hotels and casinos.
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9/18/2023 • 5 minutes, 48 seconds
Amazon wants a slice of Aussie media | SEN's major financial loss | Arm's inspirational IPO
Amazon has told major Australian broadcasters that it will take a 30% cut of revenue from ads consumed through its Fire TV devices.
SEN, the sports radio network, has recorded a $9.2 million loss for the financial year.. And is re-negotiating its loans to stay afloat.
UK based chip designer Arm has successfully IPO-ed on Nasdaq…and this marks the biggest IPO in the world for nearly two years.
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9/17/2023 • 5 minutes, 55 seconds
Myer's best sales results in 18 years | UFC and WWE's public listing | Gatorade sells water
Myer has achieved its best sales result since 2005 but has warned that it may not be able to keep it up with spending starting to slow.
The merger between UFC and WWE have officially started trading on the New York Stock Exchange under a brand new company name.
Gatorade has announced that they’ll be releasing a brand new product and its called…. water!
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9/14/2023 • 5 minutes, 50 seconds
Guzman y Gomez eyes ASX | Apple launches iPhone 15 | Google vs US DOJ
Guzman y Gomez has seen its sales just 32% over the past 12 months as it gears up for a listing on the ASX.
Apple has just launched their new iPhone 15 and iPhone 15 Pro models with heftier price tags than ever before.
One of the biggest anti-competitive trials is underway in the US and its got Google going head to head against the US Department of Justice.
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9/13/2023 • 5 minutes, 59 seconds
CSL's billion dollar investment | Tesla's got a new secret weapon | Warner Bros' Hollywood dilemma
CSL, Australia’s biggest company company, is planning to crack the $33 billion asthma market by developing a new, personalised drug to stop inflammation.
Tesla is developing a new supercomputer called Dojo that is expected to add $500 billion to its market value, according to Morgan Stanley.
Warner Bros. Discovery has cut its annual profit forecast by $500 million as the Hollywood strikes show no signs of slowing down.
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9/12/2023 • 5 minutes, 53 seconds
News media plummets on Facebook | HESTA vs its members | YouTube enters gaming
Australian news publishers have seen their traffic from Facebook plummet by 50 per cent this year in the latest battle between Meta and the media.
Members of HESTA, one of Australia’s largest super funds, are calling it out over greenwashing concerns.
Youtube is now testing playable games in Google’s latest foray in the gaming sector.
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9/11/2023 • 5 minutes, 58 seconds
AustralianSuper's super-sized fees | Apple vs China | Nine wins a one-horse race for Melbourne Cup
AustralianSuper, Australia's largest superannuation fund, is in hot water for costing its members $69 million in extra fees.
Apple’s value dropped by over $190 billion USD late last week after China announced plans to ban iPhones in government organisations.
Nine Entertainment is primed to secure the Melbourne Cup broadcast deal after Seven West Media pulled out of the running.
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9/10/2023 • 5 minutes, 53 seconds
Bunnings goes from retail to commercial | Clubhouse attempts comeback | CommBank acquires free-agent Waddle
Bunnings is looking to to play a bigger role in Australia's residential construction market by investing $75 million into prefabricated walls and roof trusses.
Clubhouse is attempting to make a comeback with the introduction of a new feature called "chats".
Commonwealth Bank has acquired invoice financing company Waddle to boost its digital lending arm.
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9/7/2023 • 5 minutes, 58 seconds
Step One's overcome the chafe | Meta's ad-free subscription | Novo Nordick dethrones LVMH
Step One, the "no-chafing" underwear company, has seen its share price rise 50% after a major shift in business strategy.
Meta may allow Instagram and Facebook users in Europe to pay a subscription to avoid ads.
Novo Nordick has just taken its place as Europe’s Most Valuable Company, with sales soaring for their weight-loss drugs.
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9/6/2023 • 5 minutes, 59 seconds
Qantas CEO steps down | Johnson & Johnson is rips off the Band-Aid | Stake.com's casino heist
Qantas’ CEO Alan Joyce will step down two months early after a controversial month.
Johnson & Johnson has released itself from the ownership Band-Aid and Benadryl so it can better focus on pharma and medTech.
$64.1 million has been stolen by thieves from crypto casino, Stake.com
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9/5/2023 • 5 minutes, 56 seconds
Liontown Resource's fourth acquisition offer | APRA comes down on Aussie super funds | Hilton vs ATO
Liontown Resources, the Australian lithium miner, has received a sweetened $6.6 billion acquisition offer… which its board recommends accepting.
APRA has come down hard on Australian super funds after they were too slow to revalue tech companies, including Canva.
Hilton Worldwide’s Australian arm is facing off with the ATO over alleged unpaid taxes.
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9/4/2023 • 5 minutes, 56 seconds
Aus Post's $200 million loss | JBL unites Amazon and Google | Chris Hemsworth's app is under the spotlight
Australia Post has just announced a $200 million loss and now it’s turning to the government for a potential bailout.
JBL has released a new range of smart speaker with a major development - it has both Amazon's Alexa and Google Assistant inside it.
Chris Hemsworth’s fitness app Centr is facing serious negative reviews after staff lay-offs… and major bugs.
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Qantas is in the firing line after the ACCC alleged it sold tickets for flights it had already cancelled.
The party is over for Harvey Norman after it suffered a major profit decline.. Because consumers just ain’t spending like they used to.
Lego is continuing to grow its market share despite other toymakers struggling with declining sales.
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8/31/2023 • 5 minutes, 46 seconds
Flight Centre's comeback | OnlyFans' $1 billion revenue | France is destroying wine
Flight Centre has seen its sales return to their second-highest level ever… but the secret is all in the boomers.
OnlyFans, the subscription platform for adult content, has reported revenues of over $1 billion for the 12 months ending November 2022.
France is paying their farmers millions to destroy surplus wine from this season.
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8/30/2023 • 5 minutes, 59 seconds
Fortescue's CEO steps down | ChatGPT new Enterprise product | Natura & Co wants to sell The Body Shop
Fortescue, one of Australia’s largest mining companies, has reported an $8.5 billion net profit for the year.. and its CEO of 6 months will be stepping down.
OpenAI has announced plans to roll out ChatGPT Enterprise so that businesses can interact with AI.. with private data.
Brazilian cosmetic group, Natura & Co is considering selling The Body Shop as sales continue to decline.
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8/29/2023 • 5 minutes, 57 seconds
Rolex's smooth moving acquisition | Tabcorp's post-break up glow up | Appen's getting volatile
Rolex has acquired one of the world’s most exclusive watch and jewellery retailers, Bucherer, for an estimated $7 billion USD.
Tabcorp has been reborn post-demerger with a $66m profit that beat all market expectations.
Appen, the Australian AI tech company, has seen its shares drop almost 30% after they claimed they’re in a “challenging external environment”.
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8/29/2023 • 5 minutes, 55 seconds
Kmart and Bunning's big year | Subway has been sold | Shein and Forever 21 collab
Wesfarmers has seen its full year sales jump to over $43 billion thanks to its two favourite kiddies, Kmart and Bunnings
Subway has been sold after 60 years to a private equity giant for nearly $10 billion USD
Fashion retailer Shein has announced a new partnership with Forever 21 as both outlets look to amp up their customer reach
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8/27/2023 • 5 minutes, 58 seconds
Qantas' profit skyrockets to new heights | Nine's TV ads plummet | Nvidia's soaring AI revenue
Qantas has skyrocketed to new heights, well above the pandemic clouds, with a record annual profit near $2.5 billion.
Nine Entertainment has seen copped a 38% fall in its net profit after ads on TV are plummeting.
Nvidia, the computer chip maker has reeled in a massive $20.8 billion USD in quarterly revenue, as demand soars for their AI chips.
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Woolworths has announced a $1.6 billion profit and it’s largely thanks to their growing profit margin.
Wisetech, the Australian logistics software company, has seen its share price drop more than 20% after its profit margin fell waaaay more than expected.
Domino’s Pizza has seen its pizza sales whacked after rising prices last year.. But now its CEO promises no more!
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8/23/2023 • 5 minutes, 59 seconds
Coles has got a theft problem | KFC's owner sees costs zingin' | Biggest US IPO in 2023 is planned
The share price of Coles’ had its biggest single-day loss since March 2020 after its full year profit dropped faster than a carton of eggs in a crowded supermarket.
Collins Foods, owner of 40% of Australia’s KFC outlets, has had a winning year, but the big question is, will they keep their momentum with cost of living pressures rising?
Arm, the chip designer in 99% of smartphones, is planning to IPO in the US and this could become one of Softbank’s major winners.
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8/22/2023 • 5 minutes, 58 seconds
Premier Investments' CEO steps down | A2 Milk's grim future | Estee Lauder's Chinese revenue slump
The owner of Peter Alexander and Smiggle has announced a nearly 10% increase in sales.. And on that note, the CEO is stepping down.
A2 Milk has reported growth for the past 12 months, but investors are concerned whether there’s more milk to give.
Estee Lauder’s makeup can’t even cover up the holes in its annual sales and profit which have fallen well below its forecasts .
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8/21/2023 • 5 minutes, 57 seconds
F45 is delisting from NYSE | Spotify banning white noise? | Commbank's new payment product
F45 will delist from the New York Stock Exchange after its share price dropped over 99%... and they failed to benchpress their financial reports on time.
Spotify considered banning new uploads of white noise podcasts after it was dominating the algorithms.
CommBank has gone on the offensive with a plan to take on payment companies and other big banks with new payment product… Powerboard.
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8/20/2023 • 5 minutes, 59 seconds
Dan Murphy's membership hack | Origin's $1 billion profit | Roblox's UGC
Endeavour Group has seen its net profit jump over 7% off the back of its success with Dan Murphy’s membership program.
Origin Energy has rebounded with $1 billion profit after a year of instability in electricity prices.
Roblox, the online gaming platform, will let its users turn into creators and sell “full avatar bodies and standalone heads” to make dollars.
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8/17/2023 • 5 minutes, 59 seconds
Temple and Webster's new toy | VinFast Auto's valuation soars past Mercedes Benz | Life360's subscription revenue boom
Temple and Webster is using AI to jazz up its online shopping experience and grow sales as consumers tighten wallets.
An electric car maker called VinFast Auto just listed on the Nasdaq and its valuation soared past General Motors and Mercedes Benz in just one day.
Life360, the ASX-listed human-tracking app, has seen its subscription revenue boom year on year…despite an overall tech slowdown.
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8/16/2023 • 5 minutes, 55 seconds
NAB rakes in major profits | Australia Post gets speedy | Monday.com's magical quarter
NAB has raked in cash earnings of $1.9 billion over the past 3 months and will now do a whoppin’ share buyback
Australia Post will start offering next-day delivery services in metro areas to keep up with consumer demands…and Amazon
Monday.com, the project management software, has seen its revenue jump 42% over the past 3 months to over $175 million USD—
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8/15/2023 • 6 minutes
Matilda's massive ratings winner | JB Hi Fi's profits slide | Hopin's business ain't so valuable anymore
The Matilda’s quarter final match on Saturday night smashed records to become biggest TV sports program in a decade… and a massive winner for Channel 7.
JB Hi Fi has seen its profits slide in its full year financial results - but gaming and mobile phones are still the winners.
Hopin, the multi-billion dollar virtual events company, has sold its Events and Sessions business units for a measly $15 million.
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8/14/2023 • 5 minutes, 57 seconds
Cettire's luxurious growth | Newscorp's got the scissors out | Tapestry's $13 billion mega deal
Cettire, the ASX-listed luxury e-commerce brand, has seen its gross revenue grow by 87% over the past 12 months.
NewsCorp saw their profit drop by 75% over the past 12 months and now it’s its taken the scissors out to start cutting left, right and centre.
The owner of retail brands Coach and Kate Spade is acquiring Versace, Michael Kors and Jimmy Choo in a $13 billion mega-deal.
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8/13/2023 • 5 minutes, 58 seconds
AGL's $1.3 billion loss | WeWork's 99% share price drop | Barstool sold back to founder for $1
AGL Energy has been hit with a $1.3 billion loss after a tough year in the energy sector… but there’s a silver lining to this story.
WeWork has seen its share price drop nearly 99% since it IPO’d, and now they’ve warned of a “substantial doubt” of even staying in business.
Barstool Sports, the US digital media company, has been sold back to its founder for $1 just months after he sold it for $550m USD.
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8/10/2023 • 5 minutes, 59 seconds
CommBank's $10 billion full-year profit | Invocare's $1.8 billion acquisition | Disney deep dives into AI
CommBank has posted a full-year profit of more than $10 billion and will buy back up to $1 billion worth of shares.
Invocare, Australia’s largest funerals group, has endorsed a $1.8 billion acquisition by a private equity giant.
Disney has created a new task-force to deep dive into AI and cut down their costs.
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8/9/2023 • 6 minutes
Myer's slowdown in sales | Simon & Schuster sold to private equity | Canva's latest valuation drop
Myer has experienced a major slowdown in sales since January, but has still seen its sales jump double-digits since last year.
Paramount Global has palmed off publisher Simon & Schuster to a private equity giant for more than $1.6 billion USD.
Canva’s latest valuation has hit $25.5bn USD as its early investors sell down.. But it gears up towards an IPO in the US.
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8/8/2023 • 5 minutes, 59 seconds
TV networks fight for prominence | MrBeast sues its burger maker | Apple's 1 billion paying subscribers
Free-to-air TV executives are lobbying the government for better visibility of their apps on Smart TV.
MrBeast is suing the ghost kitchen that makes his MrBeast Burger after some serious quality-control issues.
Apple officially has reached more than 1 billion paying subscribers… and that’s just for its services business.
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8/7/2023 • 5 minutes, 58 seconds
ACCC rejects ANZ-Suncorp merger | eToro's in hot water in Australia | Nintendo's profit record
The ACCC has officially rejected the $4.9 billion ANZ-Suncorp merger.. But ANZ says this one ain’t over yet.
eToro, the major online investment platform, is being sued by ASIC over their financial betting products.
Nintendo has hit its highest first-quarter profit on record after the Legend of Zelda game took it to new heights.
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8/6/2023 • 5 minutes, 56 seconds
Seafolly re-sold for $70m | Uber's targeting a new industry | Pokemon releases sleep app
Seafolly, the Australian bikini label, has been sold for $70 million to a new buyer after a rollercoaster decade.
Uber has announced its first global operating profit for a quarter ever and now it plans to take on more industries..again.
Pokemon has released a new Pokemon Sleep app… and it is pumping its way up the App Store charts as the app tries to gamify wellness.
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8/3/2023 • 5 minutes, 58 seconds
Rio Tinto's dating again | Birkenstock prepares to IPO | TPG Telecom's $6.3 billion bid
Rio Tinto says that China has pretty much maxxed out on its steel production so now it needs to find new buyers for iron ore.
Birkenstock is riding the Barbie wave as it prepares to IPO as soon as September at a value of more than $12 billion bucks.
TPG Telecom, the major telco and IT company, has received a $6.3 billion bid to sell some of its fibre assets.
—
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8/2/2023 • 5 minutes, 58 seconds
RBA puts rates on hold | $450 million acquisition of Bondi Sands | Foxtel is launching "Project Magneto"
The Reserve Bank of Australia has put rates on hold for another month in a good sign for borrowers…but it warned it may not be done for good.
Bondi Sands, the Australian self-tanner and skincare brand, has been acquired by a major Japanese retailer for $450 million.
Foxtel is planning to launch a top-secret brand.. Which is currently called “Project Magneto” to boost their revenues and differentiate itself in the very saturated streaming industry.
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8/1/2023 • 5 minutes, 59 seconds
Luxury Escapes gets physical | Atomo's pregnancy pivot | Hermes is riding the Birkin wave
Luxury Escapes, the online Aussie travel company, has jumped into physical retail head-first by opening what some describe as the largest travel store in the world
Medical diagnostics company Atomo has gone through a major pivot from producing Covid RAT tests to… pregnancy tests.
Hermes has bucked the trend of the luxury industry by announcing a big boost in its sales and profits over the past 6 months
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7/31/2023 • 5 minutes, 54 seconds
Prospa's small biz customers are in pain | Mcdonalds' spinoff restaurant | Gucci owner acquires stake in another luxury brand
Prospa, the small business lender, has seen its revenue jump by more than 60%... buuuut it’s share price still dropped by more than 10%.
McDonald’s plans to launch a spinoff restaurant chain in 2024 and it will be named after an old-school McDonald’s character called CosMc’s.
The owner of Gucci has just acquired a 30% stake in Italian fashion label Valentino for a lazy 1.7 billion euros.
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7/30/2023 • 5 minutes, 58 seconds
Chatime braces for closures | Meta's ad revenue surge | Zimmermann's big acquisition opportunity
Zimmermann, Sydney-based fashion label, has received an acquisition offer that values the company at $1.75 billion dollars.
Meta, formerly known as Facebook, is slowly but surely gaining back investor trust after a major surge in ad revenue in its second quarter earnings.
Chatime, the Bubbletea franchise, is bracing for the closure of some of their Australian outlets after struggling with some loss-making stores.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/27/2023 • 5 minutes, 57 seconds
Origin's profiting from volatility | OpenAI founder releases new currency | Spotify raises subscription fees
Origin Energy is looking to build major-scale batteries across Australia to capitalise on volatility in the energy sector.
WorldCoin, a new cryptocurrency created by the founder of Open AI, has just handed out millions of dollars in the currency in exchange for irises.
Spotify has released underwhelming second-quarter results and its shares dropped 14%.. aaand it’s got an unpopular solution to this problem.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/26/2023 • 5 minutes, 57 seconds
Kmart merges with Target | Twitter says "bye bye birdie"' | Mbappe's 700 million reasons to join Saudi Arabia
Kmart and Target are merging to form a $10 billion behemoth, under the Wesfarmers roof.
After 17 years, Twitter has officially said “bye bye birdie” as it changes its logo from the blue and white bird to a big, fat ‘X’.
A Saudi Arabian soccer team has made an enormous €300 million bid for French star, Kylian Mbappe, which could pair him with Cristiano Ronaldo.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/25/2023 • 5 minutes, 55 seconds
Turkish Airlines gets KB'd by Aus Govt | Netflix's mixed results | ACCC delays ANZ x Suncorp merger decision
Turkish Airlines’ planned expansion into Australia has been put on hold after it failed to secure government approval.
Netflix lost nearly $18 billion in market value late last week despite the fact that its user numbers grew well ahead of expectations.
The ACCC has delayed its major decision on the nearly $5 billion ANZ-Suncorp merger until early August.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/24/2023 • 5 minutes, 59 seconds
Ansell's rubbery downgrade | Burberry's boom in China | Ukraine's food supply blockage
Ansell, the ASX-listed glove maker, has warned its investors that a huge amount of unsold products post covid has now spread to other products.
Burberry, the British luxury fashion behemoth, dropped some delightful news last week after a boom in Chinese buyers.
Russia pulled out of the Black Sea grain deal last week, which may really hurt the the flow of critical food supplies.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/23/2023 • 5 minutes, 39 seconds
Foxtel & ESPN renew their vows | TikTok's now a talent scout | Netflix becomes a serious gamer
Foxtel and ESPN are continuing their long-standing partnership to bring America's sports to Australian viewers.
TikTok’s unveiled a new initiative called “Elevate” to support up-and-coming artists create careers in music.
Netflix experienced its slowest revenue growth on record last year...so now it’s turning to the gaming industry to stay competitive.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/20/2023 • 5 minutes, 49 seconds
Barbie's big boom for Mattel | Twitter's still cash-flow-negative | Goldman Sachs backs Aussie cybertech company
The Barbie movie was released yesterday evening and it’s expected to create huge ripple effective for Barbie-owner Mattel… and it’s bottom line.
Elon Musk has warned that Twitter is still not profitable thanks to a chunky drop in advertising revenue and a very very large debt.
An Australian cyber-tech company named Secure Code Warrior has just closed a $50m USD capital raise, with backing from Goldman Sachs.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/19/2023 • 5 minutes, 47 seconds
Victorian Govt cancels Commonwealth Games| PwC, Deloitte, KPMG & EY face the heat | Hollywood's first joint strike in 63 years
The Victorian Government has pulled the pin on hosting the Commonwealth Games in 2026 after claiming the costs have blown out.
PwC, KPMG, EY and Deloitte are all in the spotlight as they’re facing a Senate inquiry into the consulting sector.
Last week, Margot Robbie, Matt Damon and thousands of other Hollywood actors walked out on their jobs, sparking the biggest Hollywood strike in 63 years.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/18/2023 • 5 minutes, 58 seconds
Optus is trying to re-build its rep | Shein's AI design theft | Italy's luxury retailers team up
Optus is hoping its broadcast of the upcoming FIFA Women’s World Cup will provide an opportunity to rejuvenate its tarnished reputation.
Shein, the fast fashion GIANT, is facing a lawsuit from a group of independent designers who accuse it and its AI system of stealing their designs.
Italy's luxury fashion groups, such as Prada and Ermenegildo Zegna are teaming up to protect their supply chains and smaller Italian companies.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/17/2023 • 5 minutes, 56 seconds
RBA's new Governor | Skims valued at $4 billion USD | Bonza cuts back routes
The Treasurer of Australia has announced Michele Bullock as the new Governor of the Reserve Bank and she’ll be the first female in the role.
Underwear company Skims, which is owned by Kim Kardashian, is in capital raise talks, which could raise the company's value to around $4 billion USD.
Bonza, Australia’s newest airline, has cut back some of their routes after experiencing weak demand.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/16/2023 • 5 minutes, 59 seconds
Optus breaks up with NBN | CBA employees threaten to quit | US inflation slows
Optus has struck a deal with Elon Musk’s Starlink to extend mobile coverage across Australia.. and cut out NBN
Commonwealth Bank of Australia is facing a bit of a revolt from its 49,000 employees who are being forced back into the office
US annual inflation has taken a dip from its 4% last month to 3% in June and this means it has slowed to a two-year low
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/13/2023 • 5 minutes, 58 seconds
KPMG launches AI tool | Saudi Arabia's $16 billion loss| Tesla enters UK energy market
KPMG, one of the leading professional services firms, has launched an in-house developed ChatGPT tool, KymChat, for its clients.
Saudi Arabia’s Public Investment Fund has reported a loss of $16.5 billion in 2022 after $28 billion of profit in 2021.
Elon Musk’s Tesla is poised to gatecrash Britain’s energy market by selling electricity to households in a challenge to the UK’s big energy providers.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/12/2023 • 5 minutes, 57 seconds
F45's reputation gets HIIT hard | Ant Financials 75% discount | Hey Big Spender Sportsbet
F45, the Aussie-founded fitness franchise, has admitted that their losses over the last two years are actually much higher than what they initially reported
Alibaba affiliate Ant Financial has valued itself at a 75% discount to its failed IPO…and they’ve been fined nearly $1b billion… but surprisingly it’s good news!
Sportsbet has spent more than $64m on gambling ads in the last 18 months and they have significantly outspent their competitors
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/11/2023 • 5 minutes, 57 seconds
Aussie EV sales accelerate | TikTok + Spotify in cage match | Comedians sue OpenAI
Australian electric vehicle sales are accelerating, but not enough to meet NSW, Victoria, and Queensland’s 2030 targets.
TikTok has plans to compete with Spotify after launching a brand new music streaming service, "TikTok Music".
OpenAI and Meta have been sued by comedians and authors over alleged copyright infringements by their AI systems.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/10/2023 • 5 minutes, 57 seconds
Four Pillars Gin has a new owner | Meta's "borrowed" a new idea from Twitter | Diageo + Diddy bring in the lawyers
Lion Group, the beer brewing giant, has taken full ownership of Four Pillars Gin, as it plans to dominate the premium spirits market.
Meta has swooped in with its Twitter Clone called 'Threads' and has grown to over 70 million users in just 3 days
Diageo, the global spirits maker, has cut ties with Sean “Diddy” Combs after a 15-year partnership..and now they’ve brought in the lawyers
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/9/2023 • 5 minutes, 59 seconds
Biggest Finance stories - 2023 Recap so far...
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023.
Today, we’re looking at some of the biggest finance stories from Australia and globally from January to June this year.
With cash rate rises jumping 12 times so far to 4.1%... the banks have been pretty core to our lives this year
Let's take a trip down memory lane..
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/22/2023 • 5 minutes, 59 seconds
Biggest Media stories - 2023 Recap so far...
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023.
Today, we’re looking at some of the biggest media stories from Australia and globally from January to June this year.
It continues to be a battle between the steaming services, the OG TV networks. And these two are becoming more and more alike.
Let's take a trip down memory lane..
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omny.fm/listener for privacy information.
6/21/2023 • 5 minutes, 59 seconds
Biggest Retail stories - 2023 Recap so far...
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023.
Today, we’re looking at some of the biggest retail stories from Australia and globally from January to June this year.
With consumer spending down across the board this year, it’s been a tough year to be a retailer. But surprisingly, some retailers just keep on, keeping on. Churning out super strong results.
Let's take a trip down memory lane..
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omny.fm/listener for privacy information.
6/20/2023 • 6 minutes
Biggest Australian stories - 2023 Recap so far...
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023.
Today, we’re looking at some of the biggest Australian business stories from Australia and globally from January to June this year
It's been a booming year for some (ahem Qantas)... and very lean for others (ahemmmm retailers).
Let's take a trip down memory lane to see what's happened so far..
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omny.fm/listener for privacy information.
6/19/2023 • 6 minutes
Biggest Big Tech stories - 2023 Recap so far...
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023.
Today, we’re looking at some of the biggest tech stories from Australia and globally from January to June this year
This year has been a bit of a recovery from the big tech companies… after last year’s annus horribilis.
Let's take a trip down memory lane..
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omny.fm/listener for privacy information.
6/18/2023 • 5 minutes, 55 seconds
Winter Warmer - The existential threat to the music industry: AI
For today's episode, we’re having a warm slice of the music industry. For centuries, music has been the soul of our existence.
But over the last few decades, it has evolved more rapidly than any of us could have imagined.
We take a look at the challenges from Napster and Limewire, Spotify and Apple Music and now AI.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/15/2023 • 5 minutes, 49 seconds
Winter Warmer - Predictions for Australia's property market with Tim Lawless
For today's episode, we’re having a warm slice of the much-desired… but more and more inaccessible …Australian property market.
We've also brought Tim Lawless, Head of Research at CoreLogic Asia Pacific onto the pod. He's the GOAT of all things property prices, property movements and everything else property on the pod.
We'll be back with our the industry recaps for 2023 next week.
We'll be back to regular What the Flux programming on July 10th.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/14/2023 • 8 minutes, 28 seconds
Winter Warmer - Is Big Tech coming for Australian banks?
For today's episode, we’re having a warm slice of the banking industry in Australia.. We're looking at where it's come from... where it is today and what the future holds as big tech companies like Apple and Google enter the space.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/13/2023 • 5 minutes, 59 seconds
Winter Warmer - How content creators have build a new consumer playbook
For today's episode, we’re warming into the world of consumer products.. And the way that content creators and influencers have changed the game.
We'll be back with our the industry recaps for 2023 next week.
We'll be back to regular What the Flux programming on July 10th.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/12/2023 • 5 minutes, 56 seconds
Pizza Hut Australia's mouthwatering sale | Messi's big business deal | Jenny Craig is saved...kinda
Pizza Hut Australia has been sold by its Australian private equity owner to Flynn Restaurant Group, the world’s biggest franchise operator.
Lionel Messi is set to join US Major League Soccer club Inter Miami, turning down a massive deal from Saudi Arabia after some crafty commercials to make this deal uber appealing.
A month after going into administration, Jenny Craig has failed to find a buyer for its physical stores - but it had a last minute rescue for its online biz.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/8/2023 • 5 minutes, 59 seconds
Big W & David Jones' new scheme | Bitter golf rivals merge | Coinbase faces SEC lawsuit
Aussie fashion giants risk facing a mandatory levy on their trendy threads if they refuse to jump onboard a new scheme tackling fast fashion.
The PGA Tour and Saudi-backed LIV Golf have announced a merger, after a tense two year rivalry… but now, they’re promising a united future for golf.
The US regulator, the SEC, has filed a lawsuit against Coinbase after claiming that it has been operating as an unregistered broker since 2019.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/7/2023 • 5 minutes, 57 seconds
RBA raises the cash rate | Apple unveils VR headset | Amazon Australia to reach $5.5b turnover
The RBA has raised the cash rate for a 12th time.. By 0.25% and this means the cash rate is now at an 11 year high.
Apple just revealed its long awaited new augmented reality headset, Vision Pro.
Amazon Australia is expected to reach $5.5 billion turnover next financial year after targeting on value-seeking consumers.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/6/2023 • 6 minutes
Tabcorp bids for Melbourne Cup broadcast | ALDI insurance?| ACCC wants airlines competition
Tabcorp is bidding for Melbourne Cup broadcast rights and may become both a wagering company and a broadcast rights broker.
ALDI is exploring the possibility of expanding into consumer services such as internet, insurance travel services, and solar energy.
The ACCC is pleading for the growth of Aussie airlines Rex and Bonza as the duopoly of Qantas and Virgin continues to dominate the domestic market.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/5/2023 • 5 minutes, 57 seconds
Australia Post hikes prices | Adairs' profit warning | BHP's underpayment scandal
Australia Post is hiking prices for several parcel and package delivery services by as much as 10% on July 3rd.
Adairs, the home furnishings retailer, has seen its sales over the past few months and now it’s issued a profit warning to investors.
BHP has admitted to underpaying their staff by $430 million… for over a decade.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/4/2023 • 5 minutes, 56 seconds
Woolworths is going green | Kmart wants to go viral | CareSuper and Spirit Super joined forces
Woolworths has committed to transitioning its entire delivery fleet to electric vehicles by 2030.
Kmart’s leaning into its Tik Tok cult following and looking to target Gen Z customers for beauty and storage products.
Australia's superannuation sector is getting a little cosier after CareSuper and Spirit Super have joined forces and merged.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/1/2023 • 5 minutes, 59 seconds
Qantas' sky-high fares until 2030 | YouTube wraps up Stories | Electricity prices jump up 25%
Qantas predicts high demand will likely keep airfares high until 2030 as demand for international travel will keep running ahead of supply
YouTube has called it a wrap on Stories, pivoting to focus on key areas like Shorts, Community posts and live videos.
Electricity prices are set to go up by up to 25% in many parts of Australia from July 1.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/31/2023 • 5 minutes, 55 seconds
Wesfarmers' honeymoon is over | Elon Musk's brain chip gets green light | Disney+ removes shows
Wesfarmers reckons “the honeymoon is very much over” after the past few years of government stimulus and low-low interest rates.
Elon Musk's Neuralink, the brain computer company, has received a green light from US regulators to begin testing brain implant devices on humans.
Disney+ is following its streaming service competitors and removing dozens of shows and films off from it’s platform.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/30/2023 • 6 minutes
Canada Goose enters Australia | Universal Music Group dives into AI | US raises the debt ceiling
Canada Goose, the luxury clothes manufacturer, is setting up shop in Australia, despite a slow down in consumer spending.. Because the luxury market is still booming.
Universal Music Group is partnering with an AI-generated music startup to help make sleep noises.
The US has made an in-principle agreement to raise the debt ceiling…just days before it was going to run out of cash.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/29/2023 • 5 minutes, 59 seconds
TikTok Australia's revenue goes viral | Nvidia's chip-tastic results | Ford and Tesla's major collab
TikTok's revenue and profit in Australia have more than doubled despite being in hot water in the Western world
Nvidia, the computer chip maker, has seen its market cap hit nearly $1 trillion USD as its chippies become hot property in AI race
Ford electric vehicle owners will get access to Tesla Superchargers in a major deal between two rivals that could have a huge impact on the whole industry
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Milkrun, the fast delivery grocery startup has been acquired by Woolworths for an estimated $10 million.
Microsoft has announced plans to allow third party developers to create AI-powered apps.. And this could become the app store of the future.
Virgin Orbit is officially shutting down after losing 99% of its value in just two years.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/25/2023 • 6 minutes
Webjet's post-pandemic comeback | Meta's gift of Giphy | Universal Store's got a youth problem
Webjet has made a major comeback from the pandemic, with a $150 million profit turnaround over the past 12 months.
Meta has sold its GIF platform Giphy to a stock photography company and copped an 85% loss on the sale in the meantime.
Universal Store share prices have sunk by over 20% despite record high sales after it warned that their customers are spending less.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/24/2023 • 5 minutes, 57 seconds
Qantas' major profit | Bunnings' 4-day workweek | Meta's $2 billion fine
Qantas expects to reach a record profit of nearly $2.5 billion for this financial year - more than $1 billion higher than its previous record.
Bunnings has announced a move to trial a four-day workweek for its full-time workers, which could set a precedent for the whole industry.
Meta has been hit with a $2 billion fine for breaching data protection rules in the European Union.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/23/2023 • 5 minutes, 54 seconds
BNPL's tough new regulation | Instagram takes on Twitter | Apple's first VR headset
Buy now pay later companies are about to face some tough new regulation after being included in the credit laws.
Instagram is planning for a US summer showdown after it plans to release a text-based app that will compete with Twitter.
Apple is expected to launch its first virtual reality headset on June 5th which could be a game changer for the space.. But it comes with a pretty hefty price tag.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/22/2023 • 5 minutes, 59 seconds
Xero's "positive" loss | Westpac bans Binance | Alibaba's first spin off
Xero, the accounting software, reported a loss over $100 million for the past 12 months, but it’s actually really really good news.
The world’s biggest crypto exchange, Binance, is being banned by Westpac.
Alibaba has announced its first results since splitting up the company into six units - and its quarterly revenue was quite the disappointment.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/21/2023 • 6 minutes
Super funds push for ASX gender diversity | Tesla's advertising 180 | TikTok's $6mil filter fund
Super funds are considering whether to vote against the re-election of male directors in 97 ASX 300 companies, in a push for greater gender diversity on boards.
Elon Musk has told investors that Tesla will give traditional advertising a shot after always avoiding this method in the past.
TikTok is pulling together a $6 million fund to pay the creators of its viral filters and effects.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/18/2023 • 5 minutes, 57 seconds
iPhone becomes a payment terminal | Super Retail Group's valuable members | Australian banks' anti-fraud tool
Apple has teamed up with Westpac to launch its 'Tap to Pay' service in Australia, which will mean every iPhone will become a payment device.
The owner of Super Cheap Auto and Rebel, reckons its brands are ready-made for tightening consumer spending.
Australian banks have come together to launch a new tool to combat fraud from sophisticated scams.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/17/2023 • 6 minutes
Aristocrat Leisure's $1.5 billion acquisition | Mr Yum and me&u's possible merger | Nat Geo goes into retail
Aristocrat Leisure, Australia's leading gaming company, has gaming software company NeoGames in a whopping $1.5 billion deal.
Hospitality tech startups Mr Yum and me&u are looking at merging to create one big Australian company to take on the world’s restaurants together.
National Geographic, the TV network, is diving into the retail game business, by launching its first brick-and-mortar stores in Australia.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/16/2023 • 6 minutes
PointsBet sells US division | Parcel businesses wants Aus Post's infrastructure | Tesla's braking and accelerating problem
Pointsbet, the ASX-listed betting company, has sold its US division to Fanatics, the sports merch company backed by Jay Z.
Parcel businesses are vying to get a slice of Australia Post’s infrastructure, including their boxes and lockers, to improve their own delivery services.
Tesla has recalled every car that it’s sold in China, all 1.1 million of them, because of a braking and acceleration defect..
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/15/2023 • 5 minutes, 57 seconds
Tasmania's trademark tussle | Disney's subscriber drop | Adidas is selling Yeezy's again
Tasmania was officially granted an AFL licence a couple of weeks ago.. But the biggest sticking point is still their full name.. Which is a point of major trademark contention.
Disney has seen a 2% drop in its total streaming subscriber base for the quarter and they’re pointing the finger at one of its very own platforms.
Adidas is looking to sell some stock from its discontinued Yeezy partnership and donate the proceeds to charitable organisations.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/14/2023 • 5 minutes, 57 seconds
PwC's damage control | Google's AI plan | US inches towards debt ceiling
PwC Australia is in damage control after its CEO and two other executives stood down after a major government tax leak.
The share price of Google’s parent company Alphabet jumped by A$82 billion overnight after a single announcement, which repeated the same word over… and over.. And over.
The US government is getting closer to default-day as it starts inching towards its debt ceiling..
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/11/2023 • 5 minutes, 57 seconds
Jenny Craig is the biggest loser | CBA ditches cash back offer | Amazon introduces "Amazon Everywhere"
Jenny Craig has been forced to shut down in the US and Canada and has now appointed voluntary administrators in Australia too.
CBA has just announced that they will be shelving their mortgage cashback offers and waving their white flag in the mortgage wars.
Amazon is introducing a new service called Amazon Everywhere that allows users to purchase physical items in games and apps.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/10/2023 • 6 minutes
Federal Budget 2023: A deep dive
We've trawled through the 900+ pages of the Federal Budget to give you a highlights package.
Hear about all the winners and losers and our thoughts about the Federal Budget for 2023.
We cover all things:
Cost of living packages
Medicare incentives
Big investments in the hydrogen economy
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/9/2023 • 5 minutes, 56 seconds
7-Eleven Australia is for sale | Atlassian's shares tumbled after-hours | Vice files for bankruptcy
The owners of 7-Eleven Australia have put the brand up for sale and the future of 7-Eleven could look a whole lot different.
Atlassian’s shares have tumbled over 10% in after-hours trading after Atlassian warned of slowing growth for the upcoming quarter.
Vice, the youth media outlet is preparing to file for bankruptcy after years of declining profit.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/8/2023 • 5 minutes, 58 seconds
Google and Facebook's tiny tax in Aus | NAB's mortgage war | Airbnb returns to its roots
Google and Facebook made $8.3 billion in digital advertising in Australia in 2022, but only paid a teeny tiny portion of that in tax thanks to some crafty accounting.
NAB’s share price dropped nearly 8% despite a record earnings over $4 billion for the six months to March because investors had a few concerns.
Airbnb goes back to its roots to accommodate shrinking budgets with Airbnb Rooms, their new offering where people can rent private rooms within a house.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/7/2023 • 5 minutes, 50 seconds
Boozebud collapses | Uber's major revenue jump | Pepsi's Bubly enters Australia
Boozebud, the Australian online bottle shop has collapsed after it had insufficient funds to continue operating the business.
Uber has announced a major jump in revenue largely thanks to its ride-hailing and delivery businesses.
PepsiCo is launching a new no-sugar sparkling water, Bubly, in Australia despite a tightening economy as its sales keep on, keeping on.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/4/2023 • 5 minutes, 56 seconds
Seven West Media's free-to-air conundrum | Mercedes teams up with its F1 team | Twitter-clone Bluesky is in hot demand
Seven West Media is in a world of pain as the free-to-air ad market continues to tumble quarter on quarter.
Mercedes-Benz has turned to its Formula One team for help in building more efficient mass-market electric vehicles.
Bluesky, the Jack Dorsey-backed Twitter alternative, has seen demand far exceed its limited invite-system - leading to high prices for exclusive invites.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/3/2023 • 5 minutes, 58 seconds
Canva delays employee share scheme | JP Morgan acquires First Republic Bank | Amazon's conference call drop
Canva is looking likely to delay its annual employee share sale until the tech industry rebounds.
US regulators have taken control of First Republic Bank and then sold it to JP Morgan, one of its biggest competitors, in one of the biggest bank collapses in US history.
Amazon shares rose more than 10 per cent after its quarterly report smashed sales projections… but then dropped into negative territory after the follow up conference call.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/2/2023 • 5 minutes, 59 seconds
Coles Radio is up for tender | Providoor shuts down | Best & Less receives takeover bid
Coles has put its Coles Radio account up for tender as it attempts to increase revenues from the lucrative $1 billion retail media advertising sector.
Providoor, the online marketplace for high-end restaurants, has shut down and entered liquidation .
Aussie retailer Best & Less has received a takeover bid from two retail leaders with an offer less than its current share price.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/1/2023 • 5 minutes, 59 seconds
Online gambling loophole closed | Microsoft-Activision deal blocked in the UK | Moccona is suing Vittoria
A big loophole in Australia’s online gambling industry is about to finally be closed.
Microsoft’s $69B USD takeover of Activision is in trouble after UK regulators blocked this potentially monumental gaming deal.
American coffee-maker, Moccona, is suing Aussie coffee-maker Vittoria over the use of a glass jar.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/30/2023 • 5 minutes, 55 seconds
Kirin's $1.9 billion bid for Blackmores | Meta's unexpected sales increase | Coca-Cola needs AI
Kirin, the Japanese beer behemoth has made a $1.9 billion takeover bid for Blackmores, Australia's largest vitamins group.
Meta’s shares have popped 12% after they saw an unexpected increase in sales for the first quarter.
Coca Cola is leveraging AI to boost their business operations and stay ahead of competition.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/27/2023 • 6 minutes
AI companies to compensate media publishers? | Google beats expectations | Pepsi's new growth channel
The former head of the Australian Competition and Consumer Commission reckons that AI companies should be paying for news content from Australian publishers.
Google’s parent, Alphabet, saw its revenue beat expectations thanks to Google Ads, Youtube Ads and Google Cloud.
PepsiCo has kicked off 2023 with a big fizz after its first quarter beat all expectations thanks to major growth in the Indian market.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/26/2023 • 5 minutes, 59 seconds
Swisse's chaotic comedy strategy | Buzzfeed News shuts down | IKEA's US expansion
Swisse vitamins’ had a very strong quarter of sales after using social media comedians, the Inspired Unemployed, to help boost their new products.
BuzzFeed is shutting down its news division and cutting another 15% of staff after a tough 12 months for digital news publishers.
IKEA is planning a global expansion with a plan to spend $2 billion to expand in the US, which is its biggest investment in a single country.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/25/2023 • 5 minutes, 59 seconds
Linktree is not dead | Michael Hill acquires rival | Netflix's underwhelming results
The CEO of $US1.3 billion Aussie startup Linktree has said Linktree is not dead in the water after Instagram copied its most popular feature.
Michael Hill, the Aussie jewellery retailer, has acquired its rival Bevilles for $45 million.
Netflix has announced some underwhelming quarterly results after its growth slowed.. But it’ll still be cracking down on its password-sharing… shortly.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/23/2023 • 5 minutes, 57 seconds
RBA's splitting into two | Wesfarmers wants Silk Laser | Apple's first store in India
The Reserve Bank of Australia is looking likely to receive a big change with two boards instead of one in a maaaajor overhaul by the Treasurer.
Silk Laser, the skin and laser clinic, is in talks with Wesfarmers’ API for a $169 million takeover bid.
Apple has opened its first Apple store in India as it pushes hard to find a new bestie and push production away from China.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/20/2023 • 5 minutes, 57 seconds
Rugby Australia's $250m raise | Samsung may replace Google search | Temu battles Aussie retailers
Rugby Australia is looking for raise $250m from private equity firms globally after seeing the success of New Zealand Rugby.
Samsung is considering replacing Google Search with Microsoft’s Bing as the default search engine on its devices.
Online retail marketplace, Temu, has set its eyes on launching in Australia after being the most downloaded app in the US.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/19/2023 • 5 minutes, 51 seconds
Sega acquires Angry Birds | Aussies hurting with $3 billion scams | Apple's becoming a bank?
Sega has acquired the maker of Angry Birds for $776 million USD to grow its presence in the mobile gaming market.
Scams are now costing Australians more than $3 billion a year - but the real figure is likely much much higher.
Apple has introduced a high-interest savings account to push deeper into financial services.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/18/2023 • 5 minutes, 57 seconds
Coles customer data stolen | Streaming giants are buying local | Disney's box office flop
Coles, Harvey Norman and Myer credit card customers have had their private data exposed in Latitude Financial’s recent cyberattack.
Netflix, Paramount and Amazon may be required to spend up to 20% of their Australian revenue on new Australian programs.
Disney’s latest animated release, Strange World, has lost the studio almost $300 million USD because families prefer to watch on Disney+.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/17/2023 • 5 minutes, 53 seconds
Coles & Uber Eats 1 hour delivery | Twitter's new revenue stream | AirRobe's making sustainability simple
Coles and Uber Eats have announced their very own one-hour grocery delivery service - days after the collapse of MilkRun.
Twitter is launching a new way for users to charge for access to their content - to keep creators happy and let them add another revenue stream.
Aussie fashion start-up, AirRobe, is launching a new program with the aim of making selling second-hand clothes a little easier
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
The Australian Tax Office has found a new way to get people to complete tax returns… and it’s all in the words.
Amazon will remove free returns for some of its online purchases as part of its plan to disincentivise customer returns.
LVMH, the world’s biggest luxury company has reported a 17% rise in their quarter one sales - absolutely smashing expectations.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/13/2023 • 5 minutes, 58 seconds
EY cancels its break up | Twitter "no longer exists" | The ACCC wants new merger laws
EY has scrapped its plans to split up its audit and consulting business arms after it couldn’t get the US partners on board.
Twitter apparently “no longer exists” after Elon Musk merged Twitter with a shell company called XCorp - and this marks the first step in his super app ambitions.
The ACCC wants to see the current merger laws changed to prevent companies from dominating individual markets.
—
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/12/2023 • 5 minutes, 59 seconds
Milkrun shuts down | Super Mario Bros breaks box office records | Tupperware's tight financial squeeze
Milkrun, the speedy grocery delivery company, will close its doors and make all employees redundant after struggling to raise more money in the current market.
The Super Mario Bros movie breaks box office records over the weekend and the share price of Nintendo sees a 4% bounce
Tupperware, the brand behind the kitchenware, is running out of money as competitors take them on
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/11/2023 • 6 minutes
Viva Energy's $1.1 billion petrol buyout | Google updates Search | Coca Cola cocaine sales
Viva Energy, the company behind Shell petrol stations, has acquired service station network On the Run for over $1 billion.
Google has made some major updates to its search engine as it starts to face Search competition for the first time in years.
Coca Cola produces $3 billion worth of pure cocaine per year and sells it to dentists
---
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4/10/2023 • 5 minutes, 59 seconds
Virgin Orbit goes under | Dan Murphy's owner enters esports | Johnson & Johnson's $8.9bn settlement
Richard Branson’s Virgin Orbit has filed for bankruptcy after it struggled to secure long term funding to recover from its rocket failures.
Endeavour Group, Australia’s largest drinks and hospitality company, is bringing their hospo experience into Sydney’s newest e-sports and gaming centre.
Johnson & Johnson, the consumer goods behemoth, has agreed to pay $8.9 billion USD to settle thousands of lawsuits around its talcum powder.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/5/2023 • 5 minutes, 59 seconds
BWX goes into receivership | Spotify shuts down live audio app | Google and Apple face class action
BWX, the large Aussie beauty and skincare company, is officially in receivership after it lost support from its bank.
Spotify is shutting its live audio app Spotify Live because it no longer makes sense as a standalone app.
Aussie app developers are joining a class action suit against Google and Apple for abusing their market power and charging 30% commission for in-app purchases.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/4/2023 • 5 minutes, 59 seconds
Coles got milk for $105m | TikTok's new app takes over the US | WWE and UFC's marriage
Coles has acquired two milk processing facilities for over $100 million to secure milk supply
TikTok owner, ByteDance, has pushed their new social media app to the top 10 on US app charts in preparation for TikTok’s country-wide ban
The parent company of UFC is in advanced talks to acquire World Wrestling Entertainment (WWE) in a major deal
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/3/2023 • 5 minutes, 55 seconds
Tesla's Chinese price war | Crocs > Zoom | Seven's Cricket of...India
Tesla’s price war in China, the world’s biggest car market, appears to be backfiring…as their #1 competitor starts to thrive big time.
Crocs, the famously ugly footwear, is still dominating post pandemic - suggesting that not all pandemic trends have faded.
Channel Seven has locked in an exclusive deal to air the ICC World Test Championship final, but this deal is all about the audience.
---
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4/2/2023 • 5 minutes, 51 seconds
DHL Aus' deep emissions cut | Adidas splits with Beyonce | Tech big wigs call for AI 6-month break
Logistics company DHL is pushing beyond just carbon offsetting when it comes to cutting their emissions.
Artificial intelligence experts and leaders, including Elon Musk, are calling on developers to pause the development of AI models.
Adidas has parted ways with another one of its major partners - this time, we’re talking Queen B - Beyonce.
---
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3/30/2023 • 5 minutes, 57 seconds
Qantas, Virgin accused of 'gatekeeping' | Liontown rejects 5.5B offer | Alibaba splits empire into 6
Qantas and Virgin are being called out for gatekeeping Sydney Airport’s runways.
Lithium miner Liontown Resources has rejected a $5.5 billion takeover bid from US giant Albermarle because Liontown reckons it's worth more.
Alibaba plans to split its $328 billion empire into six smaller units - for future growth…. and to keep the Chinese government on side.
---
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3/29/2023 • 5 minutes, 58 seconds
$18.7 billion for Origin Energy | TikTok fights for life in the US | Woolies farewells international business
Origin Energy has officially signed a takeover deal worth $18.7 billion after months of to-ing and fro-ing with international investors.
TikTok’s CEO testified before US Congress late last week to put forward his case for TikTok to remain in the US… and it’s right in the balance.
Woolworths has bid “adieu”, “au revoir” and “goodbye” off to its international export business after it just didn’t stack up post-COVID.
---
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3/28/2023 • 5 minutes, 57 seconds
Smiggle owner breaks record | 40%: Foxtel may have inflated own numbers | Deutsche Bank wobbles
Premier Investments, the owner of Peter Alexander and Smiggle, has achieved record sales despite concerns around discretionary spending.
Foxtel’s been pretty pleased with the viewership numbers of its sports games early this season - but it may have inflated these numbers by as much as 40 per cent.
Deutsche Bank’s share price was hit hard late last week with major fears that it was the next bank in line to collapse.
---
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3/27/2023 • 5 minutes, 57 seconds
Afterpay owner accused of fraud | Mecca underpays staff | Accenture cuts 19,000 jobs
Afterpay’s owner Block has been accused of fraud by a well known short-seller investor.
Cosmetics giant Mecca have got themselves in a prickly pickle - realising they’ve underpaid their staff more than $500,000.
Accenture, the tech consulting giant, is cutting 19,000 jobs, approximately 2.5 percent of its global workforce, as demand for its services drops.
---
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3/26/2023 • 5 minutes, 57 seconds
Crypto up, banks down! | 0.25% = The Fed raises again | Netflix's 1m ad lovers
One of Australia’s biggest crypto exchanges believes the recent pain in the US banking industry is a giant opportunity for bitcoin.
The Federal Reserve, aka the Fed aka, the US central bank, has raised interest rates by 0.25% after a shaky couple of weeks in the banking sector.
Netflix hit 1 million US users to its ad-tier just two months after launching, but it's got even bigger plans in its pipeline.
---
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3/23/2023 • 5 minutes, 55 seconds
Woolies shimmies into telehealth | Nike extends lead over Adidas | Intrepid's best month ever
Woolies is shimmying its way into healthcare through its brand new telehealth platform.
Nike has done it again after raising its expected revenue for the full year and growing market share ….thanks to major slip ups from Adidas.
Intrepid Travel, one of the largest travel companies in Australia, has had its strongest monthly bookings ever, after a couple of years-to-forget in the travel sector.
---
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3/22/2023 • 5 minutes, 56 seconds
$18m for Aussie hypnotherapy startup | Just Cuts = big bucks | TikTok goes exclusive on soccer
An Australian startup that makes hypnotherapy apps has raised nearly $18 million in an oversubscribed capital raise.
Just Cuts, the budget hair stylists across Australia, is making big bucks as shoppers get thrifty.
TikTok has partnered with the Major League Soccer to bring exclusive content to the app…despite being required to present to the US congress this week
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3/21/2023 • 5 minutes, 59 seconds
Credit Suisse bought by rival UBS for $3.2B | Google finally cuts GoogleGlass | Myer brings in the undercover cops
UBS has agreed to buy its arch rival Credit Suisse in a $3.2 billion USD deal, which was brokered by the Swiss government.
Google will no longer sell its smartglasses after they struggled to gain traction, all while Google is looking to cut more costs.
Myer is bringing the undercover cops in-store to crack down on theft in-store and recover their margins.
---
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3/20/2023 • 5 minutes, 56 seconds
Credit Suisse in danger | Latitude Financial cyberattack | Rolex rolls up demand
Global investment bank Credit Suisse is in turmoil after major investors withdrew their investments from the company.
Aussie lender Latitude Financial has suffered a major cyberattack, and the data of more than 300,000 customers has been stolen.
Luxury watchmaker Rolex is ramping up production of its products big time in order to meet a huge rise in demand
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3/19/2023 • 5 minutes, 51 seconds
TikTok may split from ByteDance | Xero cuts deep | Saudi Aramco breaks profit record
Xero, the accounting giant, has announced that profitability is its number one focus - and that means major cost cutting on the agenda.
Saudi Aramco, the biggest oil company in the world, just claimed the record for the highest-ever-recorded annual profit by a publicly listed company.
TikTok is considering splitting from its Chinese parent company, Bytedance, if it can’t come to an agreement with the US soon.
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3/16/2023 • 5 minutes, 58 seconds
WeightWatchers' big acquisition | Elsa Pataky's business collapses | eBay's collectibles cash bonanza
WeightWatchers has acquired a subscription telehealth platform for $132 million USD to expand into remote prescribing of popular weight loss drugs.
Aussies skincare brand, Purely Byron, which was co-founded by model and actor Elsa Pataky, has collapse after less than a year.
eBay has seen a huge spike in purchases of exclusive collectibles on its platform despite the experiencing a cost-of-living crunch.
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3/15/2023 • 5 minutes, 58 seconds
Silicon Valley Bank's collapse: everything you need to know (in 5 minutes!)
The US has seen its largest banking failure since 2008 with the collapse of Silicon Valley Bank - the main bank for mature, funded startups globally.
The US Congress has promised to make all Silicon Valley Bank customers ‘whole’, meaning none of them will lose a cent after its collapse.
The collapse of SVB has caused waves all over the world - including in Australia - and this could create a lasting impact for both businesses startups and banks.
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3/14/2023 • 5 minutes, 58 seconds
Kmart goes global | Myer targets $1 billion | Former Apple exec wants to flip music industry
Kmart is launching its home-brand, Anko, onto the world stage - first stop: Canada!
A former Apple executive has launched a new cashed up startup, which aims to revolutionise the music industry for artists.
Myer is targeting $1 billion in online sales after announcing its best profit result in almost a decade.
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3/13/2023 • 5 minutes, 56 seconds
News Corp all-in on ChatGPT | Toblerone in Swiss trouble | Amazon's never ending HQ story
News Corp Australia has asked its Australian employees to give ChatGPT a go and thinks that AI can add “high value opportunities” to its business.
Toblerone has been forced to remove the design of Swiss Mountains from its packing because of rules about its ‘Swissness’.
Amazon has paused plans for its long-awaited new office, which has been four years in the making.
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3/9/2023 • 5 minutes, 59 seconds
Carsales to control South American rival | Marlboro owner buys vape giant for $2.7B | Lego's tiny profit
Altria, the owner of Marlboro cigarettes, has found a new Juul in its nicotine-crown after buying a vaping startup NJOY for $2.7 billion USD.
Lego reported its tiniest increase in profit for the last three years, as it starts to face higher costs without increasing its prices.
Carsales.com is planning to acquire an additional 40% stake in a Brazilian car-selling platform to grow its ownership of the South American market.
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3/8/2023 • 5 minutes, 58 seconds
Cash rate rise: explained! | Atlassian cuts 500 jobs | Aussie funeral giant targeted by TPG
The Reserve Bank of Australia has become a 10-timer… after raising interest rates for the 10th meeting in a row.
Atlassian, the Australian founded tech giant, has announced it will make 5% of its workforce redundant.
TPG Capital, the private equity investor, has purchased just under 18% of Australia’s leading funeral services operator InvoCare and now has a plan to acquire the rest.
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3/7/2023 • 5 minutes, 58 seconds
Quiksilver, Billabong expect $1.9b sale this week | Bank of QLD, Bendigo Bank a possible $10b merger | Salesforce lookin' rosy
Aussie surf brands Quiksilver and Billabong are expected to be sold this week in a deal estimated to be worth $1.9 billion.
There is a “real possibility” of a $10 billion merger between Bank of Queensland and Bendigo & Adelaide Bank according to Citi brokers.
Things are looking rosy at Salesforce, which announced a better-than-expected growth in revenue and profit for the fourth quarter.
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3/6/2023 • 5 minutes, 58 seconds
Treasurer: Hey businesses, don't increase prices! | Klarna down $1.5B, CEO pay up 35% | #BoycottHershey spreads
The Treasurer says businesses need to justify price rises for customers n, and he warned against corporate gouging too while customers are suffering from cost-of-living pain.
Klarna, the BNPL giant, has announced a $1.5b loss.. Just as the company boosts its CEO’s pay by 35%.
The hashtag #BoycottHersheys has been spreading on social media over the last week, thanks to a Women’s Day campaign that Hersheys launched.
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3/5/2023 • 5 minutes, 57 seconds
Meta ready to fight Aus Gov | TikTok limits teens | Former transport giant enters VA
Meta, FKA Facebook, has threatened to remove news from its platform if the government doesn’t revoke or amend the current media bargaining laws.
TikTok will limit daily screen time for teens under the age of 18 as part of a plan to boost the wellbeing of younger users.
Scotts Refrigerated Logistics, one of Australia's largest transport suppliers to Coles and Aldi, has entered voluntary administration.
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3/2/2023 • 5 minutes, 48 seconds
Adore Beauty's double digit drop | SnapChatGPT | David Jones triples profit
Adore Beauty has announced a double-digit drop in revenue even though it’s been trying to become more and more part of its customers’ daily routine.
Snap Inc, owner of Snapchat, is adding an AI feature called “MyAI” to its app in an attempt to grow its 2m premium users.
David Jones has continued its upwards trajectory with its profit from the past six months more than tripling.
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3/1/2023 • 5 minutes, 55 seconds
Bunnings takes on PETstock | Greenwashing: ASIC targets superfund | Pointsbet bursts in the US
Bunnings has announced its biggest category expansion in over 20 years as it launches a whole new section for pet products.
ASIC, the corporate watchdog, has taken a super fund to court over greenwashing for the very first time.
Pointsbet, the Aussie-born gambling company, has seen its losses balloon to $178m for the past six months as its investment in the US gets more and more exxxy.
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2/28/2023 • 5 minutes, 54 seconds
Wendy's (yum!) is back in Aus | $2B vanishes at Warner Discovery | Paramount not flicking Ten
Wendy’s, the American fast food chain, will roll out hundreds of new restaurants in Australia as it plans to grab fast-food market share.
Warner Bros. Discovery announced underwhelming results and not even the success of The Last of Us could save them from a $2 billion USD loss.
Paramount, the owner of Channel 10, has denied that it will look to shut down the network despite its big drop in market share.
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2/27/2023 • 5 minutes, 56 seconds
Glue, Hype DC owner booms | Afterpay owner smashes expectations | YouTube goes multi-lingual with new dub tech
The retailer behind The Athlete’s Foot, Glue and Hype DC has seen demand for shoes boom over the past six months because of their target market.
Block, formerly known as Square, has beaten most expectations for its fourth quarter results and Afterpay has been one of its big hits.
YouTube is launching support for multi-language audio tracks, allowing creators to add dubbing to their new and existing videos.
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2/26/2023 • 5 minutes, 57 seconds
Aesop's $2.9B for sale sign | Nine Entertainment's costs climb | Medibank's 200 new customers!
The owners of Aesop have said they’re willing to put the brand up for sale, or spin it out for a lazy $2.9 billion.
Nine Entertainment’s group profit was squeezed in its latest half-year earnings as its growing revenue couldn’t keep up with its jumping growing costs.
Following its major cyber attack, Medibank Private has started to recover from its major customer loss last year after its major cyber attack.. But the costs keep adding up.
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2/23/2023 • 5 minutes, 55 seconds
Domino's Pizza's tight squeeze | Prime time for Aussie WiseTech | Coinbase's year from hell
Domino’s Pizza’s share price dropped over 25% yesterday after their profit margin was squeezed tighter than a lemon on its last drop.
Wisetech Global, the Aussie logistics software company, has beaten all expectations, after signing major deals and scoring some major acquisitions too.
Coinbase, the major crypto exchange, has had a year from hell after its trading volume collapsed by 50%.
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2/22/2023 • 5 minutes, 56 seconds
Qantas promises lower fares | Hasbro's un-playful update | TAB Corp hit by cost of living
Qantas has promised that these high airfares are not forever and new competition will force them to drop their prices.
Hasbro, the toy behemoth behind Monopoly and Jenga, announced some not-so-playful earnings and a couple of painful breakups.
TAB has maintained its digital market share for the first time since 2019 - but the macro environment is huurting its business.
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2/21/2023 • 5 minutes, 57 seconds
Kmart toy boom | New Facebook subscription | A2 Milk's Chinese re-emergence
Kmart Group has seen its revenue boom over 20% thanks to a major sales jump in toys, kitchen goods and footwear.
Facebook’s parent company Meta is launching a subscription service called Meta Verified, which gives access to a range of perks - for a pretty penny.
A2 Milk, the Kiwi milk and formula producer, has seen net profits boom due to its re-emergence in China - but it still faces a challenge over there.
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2/20/2023 • 5 minutes, 58 seconds
Rebel, Supercheap Auto owner hits new record | Nestle price pain | Westpac freakin' out
The owner of Rebel and Supercheap Auto hit record sales for the six months to December, thanks to big demand for suave sporting apparel and car maintenance products.
The world’s largest food company, Nestlé, says the price of staple items will rise even more this year.
Westpac is kind of freakin’ out because almost half of its home loans were issued using interest rate buffers that were too small for today’s economic environment.
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2/19/2023 • 5 minutes, 57 seconds
Optus' blunder = Telstra's treasure | Airbnb Experiences booming | Roblox ain't just for kid$
Telstra has lifted its profit by 25% thanks to Optus handing over customers on silver platter!
Airbnb is officially bringing home the bacon after its revenue jumped 24% year over year largely due to its wildcard Experiences.
Roblox, the online game platform, has smashed its quarterly earnings because its new games that ain’t just for the kids.
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2/16/2023 • 5 minutes, 57 seconds
Subway for sale | Coke price rise, Pepsi price pause | Treasury Wines hot, 19 Crimes frosty
Treasury Wine Estates, the owner of Penfolds and 19 Crimes, has seen net profit boom by over 70%, but its cheaper brands are still a major red flag.
Subway, one of the world’s most well known fast food brands, has confirmed it’s up for sale.
Coca Cola will raise the price of its drinks and is blaming the high costs of its raw materials… yet Pepsi is in a price halt.
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2/15/2023 • 5 minutes, 57 seconds
Temple & Webster down almost 50% | TikTok paywalls are here | Ansell got too much rubber
Temple & Webster, the online furniture retailer, has seen a nearly 50% drop in its net profit as customers become value-conscious.
TikTok is looking to put some content behind paywalls in a plan to grow creator revenue and test a new revenue model
Ansell Limited, the medical glove company, saw its profit drop over 17% because it’s got too much rubber in its warehouse.
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2/14/2023 • 5 minutes, 53 seconds
JB Hi-Fi's dividend has done it again! | Netflix Aus refunds advertisers | Binance: the only way is up baby
JB Hi-Fi has announced a big jump in sales for the past six months and lifted its dividend by a whoppin’ 20%.
Netflix Australia has been giving back money to some Australian advertisers after falling short of audience numbers.
Binance has seen its dominance in the crypto space grow even further after FTX’s big, bad collapse last year.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/13/2023 • 5 minutes, 59 seconds
Nine snags Olympics for $300M | Black market hurting weed maker | Toyota goes up, yen goes down
Nine Entertainment will broadcast the Summer and Winter Olympics for the next decade, after paying over $300 million to snag the rights from Seven.
Canopy Growth, one of the world’s largest marijuana producers, will close major operations because it says Canada’s marijuana industry is failing due to competition from a thriving black market.
Toyota, the world’s biggest carmaker, posted a surprise 22% rise in third-quarter operating profit last week, partially thanks to a… weaker Japanese yen.
---
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---
The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/12/2023 • 5 minutes, 52 seconds
ANZ Banks on new real estate company | Uber inflation = Uber revenue | Disney slices 7000 jobs
ANZ Bank is dishing out $50 million for a minority stake in real estate listings business named View Media Group.
Uber has announced a huge bump in fourth quarter earnings and it seems like this inflation-thing ain’t looking too bad for old Ubey.
Disney, under its new-old leadership, has cut 7,000 jobs in a restructuring that is planned to save them $7.9 billion.
---
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2/9/2023 • 5 minutes, 59 seconds
Aus Post's first loss in 7 years | Suncorp, the new sheriff in town | BP suddenly drops clean energy goals
Australia Post has announced its first full-year loss since 2015 and it has pointed its red finger squarely at good old fashioned letters.
Suncorp Group, part lender part insurer, has announced a major jump in profits for the past six months.
BP, the global oil giant, is scaling back its clean energy goals and deepening its investment in oil and gas as its profits soar.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/8/2023 • 5 minutes, 57 seconds
$24B acquisition offer for Aussie miner | Google launching ChatGPT rival soon | Meta shares rocket after announcements
The world’s largest gold mining company has bid $24 billion for its Australian rival Newcrest.
Alphabet, the parent company of Google, will launch an AI chatbot service to compete with ChatGPT over the next few weeks.
Meta, the company formerly known as Facebook, saw its share price jump over 25% after announcing that 2023 is the “year of efficiency”.
---
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2/7/2023 • 5 minutes, 57 seconds
Boost Juice owner sells out for millions | Disney+ Aus falls on sword | Virgin Aus IPO bound
The owner of Boost Juice and Betty’s Burgers will sell the majority of its business to a private equity company - and this values the business in the hundreds of millions.
Disney is licensing shows to free-to-air TV networks, like 7 and 9, in Australia because cash is king.
Virgin Australia is on the road to a public listing once again after it’s first full year profit in a decade.
---
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2/6/2023 • 5 minutes, 57 seconds
Summer Slice - Global music industry: Duck, weave, thrive.
Today, we’re having a slice of the much-loved and culturally important global music industry.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/5/2023 • 5 minutes, 52 seconds
Summer Slice - The history and future of Australia's media industry
Today, we’re having a slice of Australia’s media industry... its history, evolution and potentially shaky future.
---
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2/2/2023 • 6 minutes, 31 seconds
Summer Slice - FIFA World Cup: how much will Australia make when we host this year?
Today, we’re having a slice of the economics of the FIFA World Cup. How much could Australia's economy generate when we co-host the Women's World Cup in 2023? So many questions, about 5 minutes of time.
---
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2/1/2023 • 5 minutes, 48 seconds
Summer Slice - The rise and rise of car subscriptions
Today, we’re having a slice of the rapidly growing car subscription market.
---
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1/31/2023 • 5 minutes, 56 seconds
Summer Slice - ChatGPT (talk robot to me)
Today, we’re having a slice of the world famous ChatGPT and of the long-term economic impact of AI.
---
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1/30/2023 • 5 minutes, 59 seconds
Summer Slice - Australia's fast-growing pub industry
Today, we’re having a slice of the recent (and rapid) growth of the Aussie pub industry. What a ride!
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/29/2023 • 5 minutes, 58 seconds
Biggest green / environmental stories - 2022 Recap
2022 was major year for this space. Today, we’re looking at some of the biggest crypto stories from 2022.
---
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1/26/2023 • 5 minutes, 58 seconds
Biggest crypto stories - 2022 Recap
How the mighty have fallen. Today, we’re looking at some of the biggest crypto stories from 2022.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/24/2023 • 5 minutes, 57 seconds
Biggest finance stories - 2022 Recap
Despite uncertainty across the world, financial services has remained pretty stable in 2022. Today, we’re looking at some of the biggest finance stories for 2022.
---
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1/23/2023 • 5 minutes, 59 seconds
Biggest media stories - 2022 Recap
It was a weird and wonderful year for the media industry in 2022.
Today, we’re looking at some of the biggest media stories for 2022.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/22/2023 • 5 minutes, 58 seconds
Biggest startup stories - 2022 Recap
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news, this week it is all about the best stories from 2022.
Today, we’re looking at some of the biggest startups stories from 2022.
---
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---
The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/19/2023 • 5 minutes, 58 seconds
Biggest retail stories - 2022 Recap
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news, this week it is all about the best stories from 2022.
Today, we’re looking at some of the biggest retail stories from 2022.
---
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---
The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/18/2023 • 5 minutes, 57 seconds
Big Tech and its big impact - 2022 Recap
Flux fam, we are back with another WTF recap episode!
Before we return to our daily bite sized business news, this week it is all about the best stories from 2022.
Today, we’re looking at some of the biggest tech stories from 2022.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/17/2023 • 5 minutes, 57 seconds
Biggest stories in Australian business - 2022 Recap
Flux fam, we are back with another Flux recap episode!
Before we return to our daily bite sized business news, this week it is all about the best stories from 2022.
Today, we’re looking at some of the biggest Aussie stories for 2022.
---
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/16/2023 • 5 minutes, 57 seconds
Biggest mergers and acquisitions - 2022 Recap
Flux fam, we are back with another WTF recap series!
Before we return to our daily bite sized business news, this week it is all about the best stories from 2022.
Today, we’re looking at some of the biggest mergers and acquisitions that took place in 2022.
---
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---
The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/15/2023 • 5 minutes, 52 seconds
$1.5b Superhero, Swyftx merger dead | Nike's best revenue in 10 years | City Chic investors not happy
The $1.5b merger between Superhero and Swyftx is officially dead in the water.
Nike has reported its best quarterly revenue growth in over a decade - barring one quarter - and handily beat profit expectations.
City Chic, the speciality women’s fashion retailer, has seen its share price drop almost 30% over the last few days to wrap up the year after poor results.
---
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---
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12/21/2022 • 5 minutes, 58 seconds
Domain afraid of 2023 | Go-To skin owner down 50% | Fortnite cops record penalty
Domain Group, the digital property platform, has warned of a 21% hit to its profit and it’s pointing the finger at Sydney and Melbourne specifically.
BWX, the owner of several skin care brands including Zoe Foster Blake’s Go-To business, saw its shares drop over 50% this week after some ugly results.
The ‘dark patterns’ in gaming sensation Fortnite have led to the largest FTC penalties of all time.
---
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12/20/2022 • 5 minutes, 52 seconds
David Jones sold for cheaps | Twitter bans social links | Future Fund getting aggressive
David Jones has been sold to private equity investor Anchorage Capital Partners.
Twitter has announced it will ban links to other social media services and suspend accounts that try to link users to other platforms.
Future Fund, Australia’s sovereign wealth fund, is looking to change its investment style to get into riskier asset classes.
---
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12/19/2022 • 5 minutes, 58 seconds
Finder sued by regulator | Central banks slow down rate rises | Mobile gaming shrinks
The corporate regulator has sued a company owned by of comparison site Finder, which offered a crypto product in its app.
The Bank of England (BoE) and the European Central Bank (ECB) increased interest rates last week by less than the world was expecting, in what could be the start of some good inflation news.
For the first time in over ten years, the mobile games market shrunk in size this year.
---
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12/18/2022 • 5 minutes, 48 seconds
Deliveroo Aus lost $120m this year | Amcal to take on Chem Warehouse | Binance Aus cops $2m fine
The administrator of Deliveroo Australia has revealed it never turned a material profit in Australia, and it accumulated losses of more than $120 million this year.
Amcal owner Sigma Healthcare is keen to ramp up competition against big dog rivals Priceline and Chemist Warehouse - with a revamp of Sigma’s very own chemist chains.
Binance Australia has been fined more than $2 million for sending millions of spam emails, as the company fights for dear life.
---
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12/15/2022 • 5 minutes, 57 seconds
Woolies sells $600m worth of Dan Murphy's shares | Apple may allow alternative app stores | Binance hit hard by crypto collapse
Woolworths has sold more than $600m worth of its shares in the company that owns Dan Murphy’s as it gears up for a new potential investment.
Apple is reportedly planning to allow alternative app stores on its iPhones and iPads in the European Union after new laws were put in place.
Binance, the largest crypto exchange in the world, has been hit with a major outflow of funds after customers continue to lose confidence in exchanges altogether.
---
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12/14/2022 • 5 minutes, 54 seconds
Tyro rejects all buyers | Microsoft buys into London Stock Exchange | Grocery delivery eats saturation
Tyro, the 5th largest provider of eftpos services in Australia, has rejected two bids from two separate potential buyers... and some investors were a little bewildered.
US tech company Microsoft has just agreed to buy 4% of the London Stock Exchange Group in a $2.8 billion USD deal.
Getir, the European instant grocery delivery app, has acquired its competitor Gorillas for $1.2 billion USD, as the instant delivery market become oversaturated.
---
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---
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12/13/2022 • 5 minutes, 58 seconds
Aus gov targets 'greenwashers' | Brad Pitt sells $tudio | Twitter censorship of key ad words
Australia’s Treasurer Jim Chalmers is looking at imposing additional penalties for corporate "greenwashing" because companies aren’t entirely honest with it.
Brad Pitt has sold the majority of his production studio Plan B Entertainment to Mediawan for a whopping amount.
Twitter will soon release controls that let companies prevent their ads from appearing next to tweets containing certain keywords.
---
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12/12/2022 • 5 minutes, 58 seconds
Wesfarmers & Disney take on Amazon Prime | Exxon's $75B for shares | McKinsey not keen on lux spending
Wesfarmers has locked in a new partnership with Disney, which will see Disney+ included in Wesfarmers’ OnePass loyalty program.
Oil giant Exxon has raised its annual share buyback to $75B (AU), just weeks after it posted its highest profit in its 152-year history.
Consumers are getting ready to say bye bye to jewellery and luxury goods spending, according to management consulting giant McKinsey & Co.
---
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12/11/2022 • 5 minutes, 55 seconds
Biggest acquisition ever for Aus clean energy | China: cuts restrictions to grow economy | Loving Earth saved by customers
Australian billionaire Andrew Forrest has finalised the biggest acquisition in the history of Australia’s clean energy industry… by buying a company for more than $4 billion.
China is scrapping some significant covid restrictions, as the economic impact of its lockdowns start to really hurt its own economy.
Loving Earth, the Aussie plant-based chocolate maker, has raised money from its own customers to give it the chance of survival post pandemic
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12/8/2022 • 5 minutes, 55 seconds
Misleading: Uber Aus cops $21m fine | Electric loans rocket at NAB | US, NZ keen to copy Aus media laws for big tech
Uber Australia will pay a $21 million fine after it admitted that its estimated fares were incorrect and it misled its customers with possible cancellations.
NAB has seen demand rocket for electric vehicles loans and solar panels loans as the enormous energy costs start to hurt consumers and businesses.
The US and New Zealand are the latest countries to consider introducing a law that will require big tech companies to pay media companies for their content.
---
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12/7/2022 • 5 minutes, 58 seconds
Airfares hit 15-year high | Champagne drought hits Aus | New chatbot to destroy jobs?
Domestic airfares have reached a 15-year high… and so, the big, bad bustling ACCC has put Aussie airlines on notice.
A new AI chatbot called ChatGPT has been created released, and some believe it could put us all out of a job pretty soon.
Australia is in the midst of a champagne shortage after an explosion in demand during COVID lockdowns and reduced supply.
---
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12/6/2022 • 5 minutes, 51 seconds
$31B gone at NBN | Maccas' future of drive-thru | Netflix 'Preview Club' gets serious
NBN Co, the government-owned company behind our NBN internet, will write off at least $31 billion that will allow it to cut wholesale internet prices in the future.
Maccas reckons it has the formula for the future of drive thru and it has just gone live with its first real-world experiment.
Netflix Is expanding Its ‘Preview Club’ to let more people watch upcoming shows and movies early.
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12/5/2022 • 5 minutes, 58 seconds
Telstra Energy: ON HOLD | Airbnb sub-leases are here! | CommBank's fights Square & NAB at once
Telstra is putting the launch of its new retail energy business on hold until at least the middle of 2023.
Airbnb is partnering with landlords and renters to boost the supply of available Airbnb apartments.
CommBank is coming out swinging and is taking on both payment companies and big banks with its brand spankin' new payment product.
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12/4/2022 • 5 minutes, 58 seconds
Domino's is buying...Domino's | Spotify has us all Wrapped in 2022 | DoorDash drops 1250 staff
Domino’s Pizza Enterprises, the company behind Domino’s Pizza in Aus, is raising up to $165m to take full ownership over its pizza business... in Germany!
Doordash has laid off 1,250 staff - including Australian employees - as another big food delivery company feels the burn.
Spotify has released its Wrapped campaign for 2022 and it’s got the internet wagging its fingers… posting left, right and centre.
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Bunnings is facing major warehousing costs after sales for its outdoor category and gardening have been struggling due to poor weather.
Balenciaga, the luxury fashion house, has copped major heat from customers and celebs for its controversial ad campaign that showed children alongside very inappropriate objects.
Amazon will draw on its retail expertise to help other retailers boost sales… if they use Amazon Web Services.
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Aussie retailer Strandbags is flicking its 95-year-old brand identity, and they’re doing it ‘for the next generation’.
Australian companies that are spending on cyber insurance could rise by 70% to more than $800 million in the next two years as companies seeking protection against hackers.
Aussie tech start-up FrankieOne has scored $23 million in funding from major crypto investors for their regulatory tech.
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11/29/2022 • 5 minutes, 55 seconds
Mars Australia goes green | Aussie beauty retailer seeks last-min funding | Economy-sapping lockdowns for China
Mars Wrigley, the makers of Snickers, Mars, and Maltesers is transitioning to paper-based packaging in 2023.
Beauty retailer BWX has delayed releasing their financial accounts and is seeking additional debt funding to keep itself afloat.
China’s daily Covid infections reached an all-time high and another economy-sapping lockdown could be on the cards again.
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11/28/2022 • 5 minutes, 55 seconds
Aus replacing China with India for trade | ~$6.2B on Black Friday/Cyber Monday | World Cup sponsors stick fat
Australia has signed a chunky new trade deal with India - in the hope that Australia can reduce its dependency on China for trade.
The Australian Retailers Association reckons consumers have spent around $6.2 billion over the Black Friday / Cyber Monday shopping bonanza!
As the World Cup rolls into its second week, host Qatar continues to create more controversy…but sponsors are still sticking fat (for now).
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11/27/2022 • 5 minutes, 57 seconds
Harvey Norman = Malaysian master | Amazon to make cinema great again | Zoom growing at turtle speed
Harvey Norman has revealed its sales have actually jumped nearly 7% in the first four months of this financial year and so, it plans to go big in Malaysia now.
Amazon plans to invest $1.5 billion a year into movies that will go directly to cinemas, rather than its own streaming service.
Zoom has announced its revenue has slowed to just 5% year over year so now, it’s focused on larger enterprises rather than consumers for its moula.
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11/24/2022 • 5 minutes, 57 seconds
Qantas on target for record profit | Coles enters fast delivery game | Disney sacks CEO for old CEO
Qantas has increased its profit forecast as massive demand for flights continues to make Qantas great again.
Coles has launched its own one hour click and collect and says DoorDash and Uber will help it succeed in the space.
Disney has put the knife to its CEO and is welcoming back its previous CEO… in a back to the future move that saw its shares jump.
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11/23/2022 • 5 minutes, 59 seconds
Aussie crypto firm defaults on $163m | $2.2b book merger scrapped by regulator | $1b for climate fund at Morgan Stanley
Iris Energy, a massive Australian-born bitcoin miner, has defaulted on $163m worth of debts on its crypto mining equipment.
Penguin Random House and its rival Simon and Schuster have scrapped their $2.2 billion USD merger after a judge ruled it would reduce competition.
Morgan Stanley, the global investment bank, has launched a $1 billion private equity fund for the climate space.
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11/22/2022 • 5 minutes, 52 seconds
Stan, Netflix & co cop Aussie content quota | NIB claims Medibank's customers | Gap scared of the next 12 months
Five major streaming services are upping their spend on Aussie content to attract new subscribers as the government announces a new content quota for the industry.
NIB, the health insurer, has seen its profits rise off the back of angry Medibank customers making the big switch.
Gap, the giant retailer, has beaten profit estimates and has seen its share price rise by over 8%, but it’s not looking pretty for the next 12 months.
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11/21/2022 • 5 minutes, 47 seconds
Webjet's 180 degree turnaround | Aussie beef prices to keep rising | BHP spends $9.6B on Oz Minerals
Webjet achieved a $4 million profit for the six months to September, which is quite the 180 from its $60 million loss at the same time last year.
Australia’s biggest producer of wagyu beef says it will ‘keep pushing’ its prices up… regardless of where cost of living goes.
Aussie mining behemoth BHP has reached deal to buy another giant Aussie company, Oz Minerals, for $9.6B.
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11/20/2022 • 5 minutes, 54 seconds
David Jones resurrected with 55% jump | $2.8B from Estee Lauder for Tom Ford | Airbnb doubles down on hosts for 2023
David Jones’ South African owners have celebrated a 55% increase in sales this financial year so far.
Estee Lauder has acquired the Tom Ford brand for a whopping $2.8 billion after taking a particular interest in the company.
Airbnb is turning its attention to improving the experience for hosts as it looks to build up the supply of accommodation on the platform.
---
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11/17/2022 • 5 minutes, 55 seconds
Deliveroo Australia's sudden death | Oatly's revenue: not so tasty | $4.1B for Warren Buffett's new chipmaker
Deliveroo Australia has been placed in administration and the food delivery platform in the country will be turned off.
Oatly, the oat-milk maker, has warned that its revenue isn’t looking so tasty pretty because consumers are reigning in their spending.
Warren Buffett’s Berkshire Hathaway has announced a $4.1 billion USD investment in a Taiwanese chipmaker and its shared jumped 8% on the news.
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11/16/2022 • 5 minutes, 59 seconds
CBA enjoys bad debt improvement | crypto.com's 'bank run' | Unilever's big reason for big price increases
CBA has reported very solid financial results for the September quarter as bad debts drop (even as interest rates have gone up)!
Following FTX’s downfall, investors have started pulling funds from fellow crypto exchanges like Crypto.com.
Unilever, the global manufacturing giant, has raised the prices of their products much faster than rivals P&G and Nestle over the past year and there is one big fat key reason why.
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11/15/2022 • 5 minutes, 58 seconds
Adore Beauty sales slide 29% | Amazon's first cuts: Team Alexa | Bumble dumped by zillennials
Adore Beauty has seen a 29% slide in its first quarter revenue as shoppers transitioned back from online shopping to the stores-of-old.
Amazon is looking to cut costs after it lost $3 billion USD this year... and the first team on the chopping block is Team Alexa.
Bumble has seen its growth slow down because zillennials have cut back on paid app-features and are getting thrifty with dates.
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11/14/2022 • 5 minutes, 55 seconds
Westfield booming again | Nintendo emulates Disney | Vanguard launches superfund
Westfield shopping centres are finally flying again after two long and painful years.
Nintendo is expanding its product universe, and even its industry universe, in a highly creative new way.
Vanguard, the global investment giant, has launched its own superannuation product in Australia, rolling out a new fund that it claims is one of the market’s cheapest.
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11/13/2022 • 5 minutes, 52 seconds
$18 billion for Origin Energy | RM Williams = green machine | Meta cuts deep (ie 11,000 humans)
Origin Energy, one of Australia’s largest power and gas suppliers, has received an $18 billion takeover offer.
RM Williams has seen its sales jump by 17% for the 12 months to June, and it plans to become a ‘greener’ company in the future.
Meta, the company formerly known as Facebook, is laying off 13% of its staff (or around 11,000 people) to withstand a downturn in the economy.
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11/10/2022 • 5 minutes, 58 seconds
News Corp profit falls 75%, thanks pay TV | Disney loses $1.5B..with celebrations | Binance eats crypto nemesis FTX
News Corp, the media behemoth, has seen its income fall 75% in the last quarter after a major drop in its pay TV and publishing divisions.
Disney celebrated growth in its streaming subscribers in the last quarter… but lost over $1.5 billion USD to get there.
Binance, the largest crypto exchange in the world, has just announced a plan to take over FTX, the third largest crypto exchange, in one of the biggest pieces of crypto news…EVER!
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11/9/2022 • 5 minutes, 52 seconds
Westpac's disappointing $5.3B profit | Estee Lauder's 11% drop | $96M for social travel app
Westpac has announced a slight fall in its full-year cash profit but still managed to rake in $5.3 billion for the year.
Estee Lauder’s most recent quarterly sales figures have dropped by 11% after a cut back in cosmetic spending.
Travel app Hopper has raised $96 million to double down on social commerce after a big few months in the travel industry.
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11/8/2022 • 5 minutes, 59 seconds
Coca-Cola v Glencore | Atlassian's largest fall ever | Coopers Brewery needs new products
Coca-Cola Amatil is in a battle for coal royalties worth $80 million with mining mammoth Glencore.
Atlassian’s share price has plummeted over the past few days after some disappointing earnings and this was its largest one day share price fall ever.
Coopers Brewery, the largest Australian-owned brewery, reckons new products and geographic expansion is the key to get it back on track after its sales took a hit last financial year.
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11/7/2022 • 5 minutes, 59 seconds
Ralph Lauren, Fortnite launch virtual line | Aus Super tells govt: we need 'radically different' model | Maersk's revenue could sink soon
Ralph Lauren is launching a fashion collaboration with gaming platform Fortnite as retailers invest in digital partnerships to attract young shoppers.
AustralianSuper believes the government needs come up a ‘radically different’ model for super retirees.
Global shipping giant Maersk has reported blockbuster quarterly results, but if you look over the horizon, revenue could start to sink soon.
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11/6/2022 • 5 minutes, 55 seconds
Sportsbet, Bet365 face AUSTRAC's wrath | Airbnb breaks record | Johnson & Johnson's $17B buy
Two of Australia’s biggest betting agencies, Sportsbet and Bet365, may face multimillion-dollar fines following after an audit authorised by Australia’s financial crime watchdog.
Airbnb has broken one of its own financial records after a huge northern hemisphere summer… but now, investors are little more concerned about its prospects.
Johnson & Johnson is buying a heart device maker named Abiomed for around $17B USD in its biggest deal in almost six years.
---
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11/3/2022 • 5 minutes, 54 seconds
Free Amazon Music for Prime members | BNPL on the nose at Aus Treasury | Elon fires almost everyone at Twitter
Amazon Prime’s millions of members are getting access to a full music and podcast library.
The Australian Treasury department is looking at buy now pay later again with an eye to require credit checks for ALL customers.
Elon Musk has officially been Twitter’s owner for just under a week and he’s already making waves with sackings, hirings and reboots.
---
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11/2/2022 • 5 minutes, 55 seconds
$400m collab: big banks & Aus gov | MrBeast = Mr $1.5B | 40% crypto collapse for a16z
The Big 4 banks are considering a collab with the federal government to launch a 400m social impact investment bank in Australia.
MrBeast, the hugely popular content creator, is trying to raise $150 million for his business, which would value the company at $1.5 billion USD.
Andreesen Horowitz, the famous Silicon Valley venture capital fund, has seen a 40% drop in its crypto fund… but it’s telling the market to be patient.
---
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11/1/2022 • 5 minutes, 59 seconds
Westpac spends millions on NRL | Best IPO of the year | Apple hikes Music, TV prices...now?!
Westpac has committed to spending millions and millions on rugby league in order to attract banking customers and sell more loans.
Self-driving car tech company Mobileye had it long-awaited IPO last week, and day 1 saw its shares soar 38% in the year’s strongest US IPO.
Apple has hiked the prices of its music and TV+ services for the first time since they launched - and it comes at a very peculiar time.
---
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10/30/2022 • 5 minutes, 57 seconds
Seven, NBCUniversal's new Aussie channel | ANZ: $6.5B in profit, thanks rate rises! | Meta's billions poured down the...metaverse
Seven West Media has found a new partner in content-crime with a new partnership with US giant NBCUniversal - so welcome 7Bravo.
Meta, formerly known as Facebook, has announced some pretty crazy results with its revenue looking good.. and billions being poured into the metaverse... but no returns yet.
ANZ has announced a full year cash profit up 5% to over $6.5 billion thanks to the Reserve Bank and its rapid cash rate rises.
---
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10/27/2022 • 5 minutes, 52 seconds
3.9m Medibank customers exposed | Ye dumped by Adidas | Coles price inflation reaches new heights
Medibank has revealed that all 3.9m of its customers were hit by its recent cyber attack.
Kanye West, now known as Ye, has been broken up with by Adidas after a number of racist and controversial comments over the past few weeks.
Coles has reported accelerating inflation again at its supermarkets and now the prices for fresh food are rising to new heights.
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10/26/2022 • 5 minutes, 59 seconds
Budget 2022 explained! | $800m for govt from local vape industry | $400m: Australian Lamb acquired
The federal budget has shown off a $42 billion improvement to the government’s bottom line over four years, but there won’t be any direct assistance around cost of living pressures.
*Correction: The deficit is expected to reduce to just $36.9 billion.*
The government is looking at imposing tough new rules on the vaping industry, as a new analysis shows that regulating vapes could deliver an $800m budget boost.
Brazil’s Minerva Foods is buying Australia’s very own Australian Lamb Co for a whopping $400m.
---
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10/25/2022 • 5 minutes, 58 seconds
Netball Aus suddenly loses $25m | Stan.. not for sale? | 7-Eleven doubles down on petrol
Netball Australia is facing a sudden and major $25m sponsorship loss as Hancock Prospecting pulls out of a much needed sponsorship deal.
The owner of Aussie streaming service Stan has said Stan is not for sale... but we are very open to strategic partnerships.
7-Eleven is re-committing to the long term viability of petrol via a brand new deal with oil giant ExxonMobil.
---
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10/24/2022 • 5 minutes, 53 seconds
Virgin Aus' international expansion | Hermes wins this economy | Klarna goes social-first
Virgin Australia has some bold plans to expand its international travel offering, as the rise in demand for travel gives Virgin some much needed confidence.
Hermes, the luxury brand behemoth, is popping bottles with a 24% rise in total revenue, as high-end brands continue to win win win in this economy.
Klarna, the buy now pay later platform, is launching shoppable video as e-commerce (slaaash lending) companies try to become social companies too.
---
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10/23/2022 • 5 minutes, 57 seconds
$385m profit for Chemist Warehouse | Uber becomes media company | TikTok's adult-only territory
Chemist Warehouse has had a monstrous year, with a record net profit of $385 million.
Uber has announced the launch of a new advertising division that will sell ad space through its app, rides and more.
TikTok is making updates to its livestreaming platform by restricting viewership of livestreams to 18 and older.. While also adding an adult-only broadcast.
---
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10/20/2022 • 5 minutes, 54 seconds
$1.5B: Guzman y GoMoney | Hasbro toys with major losses | Netflix's afternoon delightful numbers
Guzman y Gomez, the Aussie-born Mexican chain, is now worth $1.5 billion after a secondary share sale.
Hasbro, the monster-size toymaker and entertainment company, has seen its earnings plummet for the last 3 months.
Netflix’s shares have skyrocketed after it announced delightful results - and finally an increase in net global subscribers.
---
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10/19/2022 • 5 minutes, 57 seconds
Most popular kid in playground: Aussie payments | Kanye buying social media site | Amazon's weekly live-streamed concerts
Tyro, the Aussie payments business, has suddenly become the most popular kid at the playground - with both Westpac and a private equity investor looking to snap it up.
Kanye West - aka Ye - has announced he’s going to buy conservative social media site Parler because he’s been banned from Twitter and Instagram.
Amazon is introducing new weekly live-streamed concerts as part of Amazon Prime Video to ramp up the streaming wars.
---
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10/18/2022 • 5 minutes, 57 seconds
MyDeal, MyData hack| Star's casino license = gone | News Corp, Fox planning to re-merge?
Online retailer MyDeal is Australia's latest hacking victim, and 2.2 million of their customers may have had their data exposed.
Star Entertainment Group has had its Sydney casino licence suspended and could face up to $100m worth of fines.
The two major companies in the Murdoch media empire, News Corp and Fox, are planning to reunite after splitting up in 2013.
---
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10/17/2022 • 5 minutes, 52 seconds
Netflix ads = officially here | NAB claims world first | Top Gun maker somehow worth..$4B?!
Netflix’s new ad-based plan is going to launch in Australia next month.
NAB is claiming to be the first major bank in the universe to allow small business owners to accept payments directly from their mobile phones.
Skydance Media, the Hollywood studio behind "Top Gun: Maverick," has raised $400 million USD in new funding at a valuation north of $4 billion USD.
---
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10/16/2022 • 5 minutes, 56 seconds
Telstra becomes a parent again | Qantas' spring in its step | GM takes Tesla rivalry to next level
Telstra’s shareholders have voted to divide the monstrous business into three fully discrete subsidiaries... with one parent! And it could lead to a big payday for its shareholders.
Qantas has a real spring in its step after releasing a quarterly update to investors that shows it’s gonna be back in black sooner than expected.
General Motors is launching an energy storage business that takes its rivalry with Tesla to the next level.
---
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10/13/2022 • 5 minutes, 44 seconds
Uber Aus incentives to go green | BMW = gaming company | TikTok hiring..warehouse staff?!
Uber Australia has announced a new partnership that will allow Uber drivers to buy an electric vehicle and they’re slinging some rewards to drivers as an incentive.
BMW is partnering with a gaming platform to bring single and multiplayer games to new vehicles from next year.
TikTok is looking to create a whole new logistics and warehousing network to help grow it’s e-commerce biz… so it ain’t just a silly social media app no more.
---
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10/12/2022 • 5 minutes, 54 seconds
Airwallex's $100m for acquisitions | YouTube finally embraces handles | Baby Bunting's investors not saying ga-ga
Aussie fintech Airwallex has raised $100m US for acquisitions because it reckons now is a good time to snap up cheap software companies.
YouTube users will finally have a new way of identifying themselves after YouTube announced that custom name handles will be rolled out.
Baby Bunting’s investors are not going ga-ga for its latest results after a major drop in its profit margin.
---
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10/11/2022 • 5 minutes, 56 seconds
Cotton On enters retail hall of fame | Tabcorp's $33m punt on startup | Dubber investors: Freak. Out.
Cotton On has proven that good retail businesses can still grow in a very big way after its profits doubled for the last 12 months.
Tabcorp has taken a $33m punt by acquiring a 20% stake in a social media betting app called Dabble.
Dubber Corp, an Aussie voice technology company, has ‘restated’ its revenue figure from its preliminary results... and investors have sold their shares in a panic.
---
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10/10/2022 • 5 minutes, 56 seconds
Coles expects Xmas splurge | Peloton has 6 months to live | Spotify makes anti-misinformation move
Peloton, the at-home exercise bike, has about six months to save itself from destruction, according to its CEO.
Spotify has acquired a machine learning company called Kinzen to try and find misinformation in podcasts and stamp it out.
Coles is still expecting a big splurge come Christmas time and isn’t expecting a major pull back on spending until 2023.
---
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10/9/2022 • 5 minutes, 56 seconds
The enormous Aussie company you've never heard of | Nestle's $1B for coffee farms | EU forces Apple to conform on charges
An online social gaming company named Virtual Gaming World is now the sixth largest private company in Australia after releasing its annual revenue.
Nestle has announced a $1 billion USD commitment to protect coffee from the climate crisis, and help its coffee suppliers adopt sustainable farming.
Apple will have to change its iPhone charger in the European Union after a new reform was passed that requires a single charging port for most electronic devices.
---
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10/6/2022 • 5 minutes, 56 seconds
Asahi buys Aussie brand StrangeLove | YouTube's wants to control your TV | Bye bye Juul: Big Tobacco re-enters vape city
Asahi, the beer and soft drinks behemoth, has acquired StrangeLove, the Australian, premium, low-calorie, soft drink company.
YouTube is in discussions with streaming broadcasters about a new product that it wants to launch in Australia, which could be interpreted as a cheeky attempt to control our home TVs.
Big Tobacco is re-entering the vaping industry as the maker of Marlboro cigarettes, Altria, ends its non-compete with Juul.
---
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10/5/2022 • 5 minutes, 38 seconds
Another RBA rate rise! | $700m for bottled water | Intel's Israeli tech set for record IPO
The Reserve Bank of Australia has gone six-in-a-row, raising the cash rate by 0.25% to 2.60% and it’s getting a little too close to comfort for many home owners.
A 3 year-old company that sells water has just raised $70m USD and is now valued at over $700 million USD… for plain, old water.
Mobileye, which is Intel’s tech company in the self-driving car space, has filed for an IPO - and this IPO is is expected to be this year’s largest IPO so far.
---
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10/4/2022 • 5 minutes, 58 seconds
Ikea Australia shrinks | Porsche IPO revs the crowd | H&M's Russian regret
Ikea is shrinking stores in Australia and around the world in an attempt to keep up with the economic times - and keep their customers too.
Porsche made its much anticipated debut on stock market last week - and what a pleasant surprise that was for its big name owner (hint: it's VW).
H&M, the global fashion retailer, is sounding the alarm on its falling profits, and it all follows their big decision to abandon the Russian market.
---
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10/3/2022 • 5 minutes, 45 seconds
Penfolds' Chinese wine | Alzheimer solution one step closer | Lego shines 17% brighter
Treasury Wine Estates has announced the launch of a new Chinese-made Penfolds wine to replace its Chinese exporting business.
Biogen, a US based biotech company, has announced a successful Alzheimer’s trial and as a result its share price boomed 40% on the news.
Lego has continued to see its blocks shine bright like a diamond after a 17% uplift in revenue for the first six month of 2022.
---
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10/2/2022 • 5 minutes, 54 seconds
AGL to close plant 10 years early | Smiggle owner's 'special' triumph | Hertz, BP go electric together
AGL Energy will close its biggest carbon emitting power plant a decade earlier than originally planned following a big push from its largest shareholders.
Premier Investments, the company behind Smiggle and several other big name retailers, has announced record sales for the past 12 months, and now has issued a special dividend.
Hertz, the car rental company, has partnered with oil giant BP to build a network of charging stations for the growing number of electric vehicles here on earth.
---
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9/29/2022 • 5 minutes, 56 seconds
Byron Bay's Thrills sold to Universal Store | Ancient auction house goes to NFT land | Walmart's metaverse pie
Thrills, the Byron Bay based clothing brand, has been sold to retailer Universal Store for quite a whopping sum.
Christie’s, the old school auction house, is launching two new divisions - Department X and Christie’s 3.0 - to capitalise on the new age of collectibles.
Walmart is getting a slice of the metaverse pie with two new digital lands - targeted at kids and teens.
---
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9/28/2022 • 6 minutes
Sigma boots Guardian Pharmacies | Netflix tweaks to reduce costs | British pound pounded
Sigma Healthcare, Australia’s biggest pharmaceutical wholesaler, is saying goodbye to Guardian Pharmacies after a pretty disappointing year.
Netflix is tweaking its payment terms for some of its TV specials - as part of its plan to trim costs and reduce its upfront risk.
The British pound has fallen off a cliff and is facing its biggest currency crisis in over 40 years.
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9/27/2022 • 5 minutes, 58 seconds
Costa loses its head | SPAC season over | Brissy miner's Nio moment
Costa Group, Australia’s largest fresh produce grower, has seen its CEO step down after just 18 months - and investors did not like the sound of this.
SPAC season is officially over after one of the leaders in the space announced he was closing two massive SPACs after struggling to find any good deals.
Nio, one of the largest electric vehicle companies in the world, has just invested a significant chunk in a small Brisbane-based lithium miner.
---
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Optus was hacked late last week and has now warned nearly 11 million of its customers to be vigilant over the next couple of weeks.
Spotify has announced the launch of a brand new premium feature called Audiobooks with over 300,000 titles.. And take on Audible.
Get ready for no more Coles Express petrol stations because Coles is waving a big goodbye to its petrol business -and is selling the biz to its long term partner.
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9/25/2022 • 5 minutes, 57 seconds
Kathmandu owner celebrates | Who Gives A Capitalist | ACCC vs Greenwashers pt 1
The owner of retail brands Kathmandu and Rip Curl is celebrating the back end of the pandemic - with sales in August up 44% compared to last year.
Who Gives A Crap, the Aussie online toilet paper company, is expanding its product range once again.. and it is also doing big things overseas.
The Australian Competition and Consumer Commission has greenwashers in its firing line.. and it’ll even resort to internet sweeps to clean up the industry.
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9/20/2022 • 5 minutes, 56 seconds
Twiggy chasing Rugby Aus ownership | Uber goes down, hacked by 18yo | YouTube Shorts = long on content cash
Andrew 'Twiggy' Forrest is back at it again - this time, he’s looking to acquire a stake in Rugby Australia to get in on one of Australia's major sporting codes.
Uber’s internal systems have been hacked - by an 18 year old - and it forced Uber to take all its internal systems offline.
YouTube Shorts is gearing up to announce an ad revenue-sharing model with creators that could revolutionise the game and shake up the short-form content world.
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Four'N Twenty, Lean Cuisine and a number of other Aussie brands have been snapped up by a Hong Kong investment firm.
The founder of Patagonia, the outdoor clothing and apparel company, has given the $4.4 billion company away to an environmental trust.
Adobe, the maker of Photoshop, is buying the popular design tool Figma for $20B USD.
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9/18/2022 • 5 minutes, 51 seconds
Tinder's Aussie decade | Ethereum's green moment | T2's global empire
Tinder is celebrating its 10th anniversary in Australia, and it seems like the feeling is mutual, because Australia is one of its biggest markets.
The crypto world was watching on with eagle eyes yesterday after the long-awaited Ethereum merge finally took place - and it could go a long way towards making crypto greener.
T2 - the fancy tea merchants - is going global and the company reckons sustainability will help them get there.
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9/15/2022 • 5 minutes, 59 seconds
Canva takes on Microsoft, Google | Ferrari succumbs | Insta'Gift' tips are here
Canva has announced a massive product expansion that will pit its product directly against Microsoft and Google for large business and enterprise customers.
Christmas may have come early for Instagram creators who are getting “Gifts” as part of a new tipping feature that could become a key part of Instagram Reels.
Ferrari has finaaaaally succumbed to the SUV trend after resisting for years and years.
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9/14/2022 • 5 minutes, 59 seconds
Aussie assets to plummet if they don't go green: IFM | $100m: Aussie Google-rival acquired | Starbucks' loyalty odyssey
IFM, the huge investment fund that owns part of Melbourne airport, says the values of Aussie infrastructure assets will plummet if they don’t go green fast.
Search.io, an Aussie AI search startup, has been acquired for more than $100 million.
Starbucks is creating a blockchain-powered ‘odyssey’ program, and they swear it’s more than just a gimmick.
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9/13/2022 • 5 minutes, 57 seconds
Sydney Fish Market goes digital | Roblox's fun fund | White House v Crypto
The Sydney Fish Market is launching an online marketplace and expects to double its sales each year.
Roblox - the gaming platform - is throwing a biiiiig chunk of extra cash into its creator fund.
The White House has released a HUGE report on crypto’s environmental impact… and it wants the industry to clean itself up pronto.
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9/12/2022 • 5 minutes, 53 seconds
IGA still booming | New category for Kellogg's | EY's wild future for its industry
Metcash, the distributor for IGA supermarkets, has seen its sales jump nearly 9% over the last few months as Aussies continue to shop local post-lockdown.
Kellogg’s is looking to spread its wings into a new cereal category named 'just-add-water'.
EY, the professional services firm, is having its partners vote on whether to split the global company in two - and this could have big ramifications for the entire industry.
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9/11/2022 • 5 minutes, 56 seconds
SPC is BACK (with $14m) | Apple's new iPhone | Russia cuts Europe's gas
SPC has announced a $14 million pre-tax profit just 3 years after it was sold by Coca-Cola Amatil (as a loss-making business).
Apple has had its annual iPhone launch and has announced a new iPhone, Apple Watch and Airpods.
Russia has officially cut off Europe from its gas supply indefinitely, and now it has turned its war against Ukraine into an economic weapon against Europe.
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9/8/2022 • 5 minutes, 58 seconds
D'Amelio's launch own brand | Aussie financial stress skyrocketing | Armaguard, Prosegur want to merge
Armaguard and Prosegur, two of Australia’s cash van connoisseurs, want to merge together to stay alive.
The D’Amelio family is launching a 100% family-owned brand with all their juicy TikTok money and exposure.
In 2022, twice as many Aussie workers are as financially stressed as they were in 2020, according to a new report.
---
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9/7/2022 • 5 minutes, 53 seconds
Kraft Heinz Aus' potential $1b sell out | Porsche to leave the VW nest | Ireland fines Meta $591m
Kraft Heinz, the owner of some of the world’s, and Australia’s, biggest brands might be selling off its huge $1 billion Aussie and NZ business.
Porsche, the luxury carmarker, is looking to leave the Volkswagen nest and go public in one of the biggest IPO’s in German history.
Ireland just fined Meta, the owner of Facebook and Insta, a massive $591 million for being too lax with childrens’ data privacy.
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9/6/2022 • 5 minutes, 59 seconds
Dan Murphy's beer slab job interviews | AFP targets crypto | Foxtel, Seven close to $3b AFL rights
Dan Murphy’s has told Aussies to come in for a slab of beer and stay for an on-the-spot job interview as part of its plan hire 2200.
The Australian Federal Police has set up a new unit specifically to target crypto criminals.
Foxtel and Seven are looking likely to will keep the AFL broadcasting rights and it could land for around $3 billion.
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9/5/2022 • 5 minutes, 49 seconds
Aussie stake.com founders sued | Samsung's super duper smart fridges | Gatorade launches attack on Red Bull
The Aussie founders of Stake.com, the world’s biggest crypto casino, are being sued for $580 million bucks.
Samsung is integrating AI and smart tech in their fridges and washing machines to help its customers use less power.
Gatorade, the company known for its sports drinks, is entering the energy drink category - with a caffeinated number named Fast Twitch
---
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9/4/2022 • 5 minutes, 56 seconds
David Jones for sale? | Disney 'Rewards' | Snap cuts 20% of staff
David Jones has seen its sales and profits bounce back over the last couple of months, and now, it has opened itself up for a potential sale.
Disney is exploring its own loyalty program, which will give special membership access across all of its millions of products.
Snap has missed its revenue goals by a country mile, so now, it's laid off 1 in 5 staff members across the company.
---
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9/1/2022 • 5 minutes, 55 seconds
Webjet poppin' bottles | Super products forced to close | PointBet down $267m
Webjet is popping bottles after its travel bookings reached 95% of its pre-pandemic levels.
Superannuation products from four super funds will be forced to close to new members after they failed a key performance test for a second straight year.
PointsBet, which has Shaquille O’Neill as its ambassador, has announced a loss of $267m for the last 12 months.
---
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Cettire, the Aussie luxury fashion retailer, has broken its revenue record, but it's still burning cash.
UniSuper might be breaking the law after investing more than $160m in an oil and gas producer.
The head of the federal reserve says US interest rates will continue to rise… and investors are SPOOKED.
---
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8/30/2022 • 5 minutes, 56 seconds
Adore Beauty's margin woes | Netflix, Disney take on Aussie internet providers | Peloton cycles to $2.8b loss
Adore Beauty - the skincare and makeup e-commerce brand - has seen its profit jump this year, but the company reckons it’ll face sliding profits over the horizon.
Netflix, Disney and several other movie studios are taking Aussie internet providers to court over video piracy.
Peloton, the connected-fitness equipment company, has rolled its way to a $2.8b USD loss for the last 12 months to June 30.
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Wesfarmers, the Aussie conglomerate, has released its results for the last financial year, and let’s just say it is makin’ it work, but it ain’t quite partying like its FY21.
Afterpay is shutting down its Money app after just 12 months, but supposedly, it’s not because it ain’t performing well.
Doordash just got hacked and now they join a list of large companies that have been hacked recently.
---
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8/28/2022 • 5 minutes, 47 seconds
Qantas loses $1.9b | $315m for Nine, Stan = NQR | Biden cancels student debt
Qantas has posted an underlying loss of $1.9 billion bucks before tax for the past financial year, but Qantas reckons things will turn around once they sort out staffing issues.
Nine Entertainment has announced a bumper profit of $315 MILLION, buuuut Stan hasn’t nailed its numbers yet despite growing its user base.
US President Joe Biden has promised to spend between $US400 billion to $US600 billion to cancel student debts for nearly 40 million Americans.
---
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Coles has released its yearly earnings, which continues to rise, but the real talking point was food inflation… it ain't over yet folks.
Tabcorp, Australia’s largest gambling company, has claimed a major win by gaining market share in the competitive gaming market (after years of falling behind).
Instagram has gone into full clone mode again, but this time, it’s copying a new app called BeReal - which has taken the US by storm!
---
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8/24/2022 • 5 minutes, 59 seconds
Dan Murphy's daddy booms | Reject Shop's golden goose | Ford cuts deep
Endeavour Group, the daddy of Dan Murphy’s, has announced a more than 12% revenue growth since 2020 - and it’s partly thanks to an uptick in non-alcoholic drink sales.
The Reject Shop has been doing it tough lately, but now, economic woes are looking like a golden opportunity.
3,000 workers at giant car company Ford Motor will lose their jobs as the company cuts costs big time.
---
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8/23/2022 • 5 minutes, 55 seconds
Medibank...hospitals? | Shopify takes on NAB | Sold: Lord of the Rings gaming IP
Medibank is going all in on becoming a hospital owner - and they’ve got the cash to back it up.
Shopify will begin lending to the small businesses that are selling on its retailing platform.
Embracer, a Swedish gaming company, has bought the Lord of the Rings IP, so get ready to spend more time in Mordor.
---
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8/22/2022 • 6 minutes
AGL's back | Qantas v ACCC | Norway's floundering wealth
AGL has had a seriously rough start to the year but is still technically back in the black in its full-year earnings.
Qantas’ deal to take over FIFO specialists Alliance Airlines for over $600m is in trouble thanks to the consumer and competition watchdog’s bark.
Norway’s sovereign wealth fund has copped a $250 BILLION loss in just 6 months from January to June this year - and yep, that’s a record.
---
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8/21/2022 • 5 minutes, 57 seconds
CSL makes history | Xero cops 7% smack | Amazon copies...TikTok!
CSL, the Australian born biotech company, has announced its second-largest annual profit in its history... after having a pretty rough time during COVID.
Xero, the cloud-accounting platform, has warned its subscriber growth in the UK ain't so great, and investors whacked its share price down by over 7%.
Amazon is launching a new feature internally and this feature seems eerily similar to a product of another company... by the name of TikTok.
---
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8/18/2022 • 5 minutes, 56 seconds
Apple to unleash ads | Rebel owner cops whack | Shopify enters influencer game
Apple’s got a new plan to protect your privacy, but Apple also plans to make a hell of a lot more money, so look out for more ads on your iPhone.
Super Retail Group, the owner of Rebel, BCF, MacPac and many more brands, is growing their revenue once again - but their profits are somehow shrinking.
Shopify is launching a new collaboration platform that will help connect creators and influencers with businesses looking to sell more goodies.
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8/17/2022 • 5 minutes, 50 seconds
SEEK up 81% | DoorDash, FB Marketplace unite | $350m: WeWork founder is back
SEEK has achieved an 81% jump in profits thanks to record job ads in Australia and NZ.
DoorDash and Facebook Marketplace have launched a new collab that lets Doordash buyers pick up your Marketplace purchase.
WeWork founder (and all round controversial bloke Adam Neumann) has scored $350 million for his new startup.
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Twiggy Forrest - the Aussie mining magnate - is launching a new health tech fund, and a bunch of that cash is going straight to MDMA research.
Google’s in big trouble with the Aussie consumer watchdog after being dishonest about data sharing.
Uber is shutting down Uber Rewards, its OG incentive program and ushering in a new world. of Uber One.
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8/15/2022 • 5 minutes, 51 seconds
Paris Hilton's Metaverse Mansion | Resmed wins from rival's product recall | Meta's chatbot turns on Facebook
Resmed, the sleep apnoea company, has seen its profits soar 64% this year thanks to one of its competitors battling a product recall.
Crypto queen Paris Hilton is building her Metaverse Malibu mansion, and it is on a platform named Sandbox.
Meta, the legal guardian of Facebook and Insta, is testing a new chatbot named BlenderBot Three, and yes it does sound just like how people on the internet talk.
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8/14/2022 • 5 minutes, 59 seconds
Telstra's biggest dividend in 7 years | Disney overtakes Netflix | Spotify enters Ticketmaster's turf
Telstra has decided to give its shareholders a bit more love by lifting its dividend for the first time in SEVEN YEARS (even though profits are down).
Disney has sent a big middle finger to Netflix after officially overtaking Netflix for streaming subscribers… and they’ve also got plans to launch a version with ads.
Spotify is testing a live music ticketing platform, so best of luck to Ticketmaster and Eventbrite.
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8/11/2022 • 5 minutes, 52 seconds
New record: CommBank's $9B profit | InSinkErator sells for $3B | Coinbase's slippery slope
CommBank is celebrating big time after announcing a $9.6 billion annual profit, which is its biggest cash profit in over 5 years.
Whirlpool, the home appliances behemoth, has agreed to buy the company behind the InSinkErator for $3 billion.
Coinbase, the crypto trading platform, has released some pretty grim earnings results - losing over $1 billion in the second quarter of this year.
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8/10/2022 • 5 minutes, 55 seconds
REA's new record | NAB makes serious bank | SoftBank: we need to slow down
REA Group, the folks behind realestate.com.au, have paid out their biggest final dividend ever thanks to a juicy revenue increase.
NAB’ is officially making bank in its latest quarterly earnings and it ain’t even worried about interest rate rises because most of its customers are ahead on their home loans.
SoftBank, the gigantic Japan-headquartered investment fund, just lost an enormous pile of cash... and the CEO says, alright, I think it’s time to slow down.
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8/9/2022 • 5 minutes, 58 seconds
9Now, 7 Plus actually start winning | BHP rejected by little miner | $1.7B: Amazon buys Roomba
10 Play, 9Now, 7Plus and the other broadcast video on demand platforms became Australia’’s fastest growing ad channel in 2021.
BHP wants to buy a South Australian mining company but the company says the offer just ain’t good enough.
Amazon just bought the company behind the robot vaccum Roomba for a lazy $1.7bn USD and privacy advocates are a liiiiittle spooked.
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8/8/2022 • 5 minutes, 49 seconds
Beyond Meat trims fat on workforce | PayPal, Pinterest stalked by Elliot | ARPA flexes climate muscle
Beyond Meat has cut its revenue outlook and now it plans to trim the fat on its workforce.
PayPal and Pinterest both saw their share prices spike last week after an activist hedge fund entered the chat.
APRA, the Aussie prudential regulator, reckons a quarter of the companies it regulates do not have any metrics to measure and monitor climate risks.
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Godfreys, the kings of the humble vacuum, has managed to achieve a revenue rise, despite shrinking its number of stores.
Uber just achieved its first cash-flow-positive quarter ever thanks to some record revenue.
Usain Bolt’s micro mobility startup - named Bolt - has abruptly disappeared, leaving a trail of scooters in its wake.
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8/4/2022 • 5 minutes, 45 seconds
Tinder trips big time | Appen cops 69% drop | Shopify's $100m for email marketing
Tinder’s latest round of disappointing earnings has caused some pretty hefty changes at the company. Hefty indeed.
Appen - the Aussie artificial intelligence company - announced a 69% drop in its earnings for the first half of the year.
Shopify has made a $100m strategic investment in Klaviyo, an email automation platform that will see the two giants build one tasty partnership.
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8/3/2022 • 5 minutes, 58 seconds
RBA strikes again! | Pinterest pops 20% | Pfizer's new record
The Reserve Bank of Australia has struck again - they’re officially 4 timers back to back - raising the cash rate by 0.50% this time.
Pinterest’s share price has popped 20% because it announced earnings that weren’t as terrible as expected.
Pfizer’s making more sales than ever before, 150 years to be precise, and more than half of the sales are because of thanks to its COVID vaccines.
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Atlassian co-founder Scott Farquhar has made a major bid to acquire renewables generator Genex Power.. but they want a larger premium
TikTok has applied to trademark TikTok Music, which could see TikTok start to dabble in more than just short-form video
Amazon is bidding farewell to Amazon Drive - which joins a long list of other failed projects.
Thanks to Natasha Gillezeau, Product Manager at Flux for co-hosting today!
---
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8/1/2022 • 5 minutes, 58 seconds
F45's muscles are shrinking | Amazon is still the GOAT | Spotify doesn't miss a beat
F45, the Aussie-born fitness chain just announced a disastrous financial update and now they’re cutting 45% of their workforce
Amazon just released its second quarter results and it ain't as bad as the cynics were expecting
Spotify doesn't miss a beat with its revenue and users surpassing pretty much everyone’s expectations
Thanks to Tash from @tashinvests for co-hosting today!
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7/31/2022 • 5 minutes, 51 seconds
Westpac turns from red to green | Meta posts its first revenue decline ever | Shopify goes full savage on its staff
Westpac has announced it will cut down lending to companies in the gas and oil industries by almost a quarter by 2030
Facebook and Instagram’s parent company Meta posted its first revenue decline in history
Shopify is laying off 10% of its staff after it admitted it went too hard too soon on the growth of online shopping
Thanks to Maddy from You're in Good Company podcast for co-hosting today!
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7/28/2022 • 5 minutes, 56 seconds
Myer is back in black | Female-founded health-tech raises big | Alibaba wants new investors
Myer has announced its strongest annual profit since 2017 thanks to its online shopping boom and investors are finally loving them again!
Aussie healthcare startup Human has just raised $10m in the biggest seed round ever by an all female founded startup
Alibaba, the e-commerce, behemoth, is looking to add a primary listing in Hong Kong to attract Chinese investors
Thanks to Sophie from You're in Good Company podcast for co-hosting today!
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7/27/2022 • 5 minutes, 52 seconds
Recap: The biggest tech news of 2022 so far
April 13 2022: Afterpay recorded its first results since its acquisition by Square and it wasn't pretty.
February 4 2022: Meta missed its active user target and things are looking even worse for the upcoming quarter - and the news sent shares down 22%
April 28 2022: Alphabet, Google and YouTube's parent company, just released its first quarter earnings - and revenue growth slowed around 34%.
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7/26/2022 • 5 minutes, 11 seconds
Recap: The biggest M&A deals of 2022 so far
Crypto exchange Swyftx and share trading platform Superhero have announced a surprise merger, which values the combined group at $1.5 billion
Microsoft has agreed to buy Activision Blizzard - the company behind cult games like World of Warcraft and Call of Duty Candy Crush for $96 billion
Amazon has completed its US$8.5 billion acquisition of MGM - the company behind the James Bond franchise and heaps of other blockbusters
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7/25/2022 • 5 minutes, 59 seconds
Zip tightens its belt | SoundCloud powers Warner Music | Amazon: now a doctor
Zip Co is going to start tightening it belt to get itself back in the black - and investors were pretty pleased.
SoundCloud is expanding its new ‘fan powered royalties’ model and is partnering with Warner Music in the process.
Amazon is buying a big medical company, so now it will be able to help you find a new steam mop AND a doctor.
---
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7/24/2022 • 5 minutes, 56 seconds
Netflix buys Aussie studio | Super funds whacked for unlisted valuations | Tesla wins despite Twittergate
Netflix has snapped up the Aussie animation studio behind legendary pieces of cinema like The Lego Movie and Happy Feet.
APRA has told super funds they need to get better at assessing and managing the company valuations of unlisted companies (like Canva).
Despite what Elon Musk calls 'supply chain hell', Telsa has gone and beaten profit expectations.
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7/21/2022 • 5 minutes, 43 seconds
Netflix loses 1m | Bubs is booming | KFC's new nugget
Netflix lost more than a million subscribers in the first half of this year, but they’re saying it could have been worse!?
Bubs Australia, the baby formula company, has been on fire after lately - they've almost tripled gross revenue compared to the same time last year.
KFC is trying out a new kind of chicky nuggie that it thinks will attract the youngins... and keep them hooked for life!
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7/20/2022 • 5 minutes, 56 seconds
JB Hi-Fi smashes expectations | Snapchat goes back in time | Now: Shop via IG DMs
Giant Aussie retailer JB Hi-Fi has announced record sales for the last financial year, and has pretty much smashed all the experts’ performance expectations.
Snapchat has launched a web version of its app in a ploy to compete with Insta and TikTok - and drive more and more (and more) engagement.
Meta (FKA Facebook) has announced a brand new feature on Instagram that will let you shop with small businesses. Directly. Through. Your DMs.
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7/19/2022 • 5 minutes, 53 seconds
ANZ officially adds Suncorp to cart | Amazon's world record Prime Day | Inflation hits Bolt-like pace
ANZ has officially added Suncorp’s banking division to its cart... after saying thank u next to MYOB.
Amazon had its biggest Prime Day ever last week and reckons live shopping is part of its secret sauce.
Inflation in the US hit 9.1% and NZ over 7% in June, which means inflation is growing at its fastest rate in more than 30 years.
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7/18/2022 • 5 minutes, 52 seconds
ANZ Bank = shopaholic | Spotify replicates NYT | Shein's WTF IPO
ANZ Bank is entering shopaholic territory as it looks to acquire both MYOB AND Suncorp’s banking arm.
Spotify’s done a New York Times and bought Heardle - the musical version of Wordle for a 7-figure-sum.
Shein, the fast fashion giant with a reputation for fast-fast-fast fashion is planning an IPO in by 2024… but the jury is still out.
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7/17/2022 • 5 minutes, 55 seconds
Netflix to turn on ads | ASIC closes down trading platform | BMW's warm seat subscription
Netflix is going live with its ad-supported streaming service sooner than expected - all thanks to a new partnership with Microsoft.
Trade360, an investment trading platform promoted by former Australian cricket captain Steve Smith, has been closed down by ASIC.
BMW is embracing the subscription game - now selling heated seat subscriptions for $18 a month.
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7/14/2022 • 5 minutes, 58 seconds
Bed time for Snooze sale | 5m: YouTube TV thriving | Uber caught red handed
The owners of Snooze, formerly known as Capt’n Snooze, has announced their potential sale will go into nap mode because they haven’t found a buyer.
YouTube TV, YouTube’s live cable streaming bundle, just hit a cool 5 million subscribers and YouTube reckons it's just getting started.
Uber’s been caught red handed engaging in some questionable practices from its wild years - thanks to a huge document leak.
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7/13/2022 • 5 minutes, 51 seconds
Icy crypto winter for Aus | Virgin's Galactic Boeing deal | Activist v Miner down under
Aussie crypto app downloads have taken a massive dive as Aussies brace for an icy crypto winter.
Virgin Galactic, the world’s first commercial space line, has inked a deal with Boeing to build more ‘motherships’ to take more of us to space!
J Capital Research, the activist short seller, has fired shots at a Lake Resources’ new lithium miner - calling the project is a bit of a joke.
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7/12/2022 • 5 minutes, 43 seconds
Hungry Jack's takes on McCafe with $20m | Musk pulls out of Twitter deal | Laser Clinics Aus owner buys out its franchisees
Hungry Jack's has announced it is ploughing $20 million in a new cafe arm to take on Maccas in the cafe game.
Twitter is going to take Elon Musk to court after he announced plans to walk away from his offer to buy Twitter.
The private equity giant behind Laser Clinics Australia, the massive cosmetic clinic chain, has bought out dozens of its franchisees after facing a heap of franchisee unrest.
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7/11/2022 • 5 minutes, 56 seconds
Zip Co(de) red | Stranger Things franchise is here | Coke's secret coal royalties
Zip Co’s shares have taken another dive after investment experts announced that their customer bad debt levels are expected to rise.
Netflix has given the green light to a Stranger Things spin-off series to help it build its first big entertainment franchise.
Coca-Cola has been keeping some verrrry lucrative secret coal royalties on the books, but now it looks like it wants to flog ‘em.
---
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7/10/2022 • 5 minutes, 56 seconds
Australia's first Islamic bank | $400M for green commodities | Spooky: Oil price drops
Islamic Bank Australia has become Australia’s first Sharia-law-compliant bank after the banking regulators granted the company a restricted banking licence.
Xpansiv - a half-Aussie global environmental commodities exchange - just received $400 million USD from one of the largest private equity firms in the world.
Oil prices have dropped below US$100 a barrel for the first time in nearly two months - as investors get a ‘lil spooked about the possibility of a recession.
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7/7/2022 • 5 minutes, 55 seconds
Sneakerboy's demise | Tesla loses its crown | Minions TikTok mayhem
Sneakerboy, the boujee sneaker company, has sunk deep into administration.
BYD - a Chinese company backed by Warren Buffett - has officially snatched Tesla’s crown after it sold more EVs than Tesla in the first half of this year.
The new Minions movie has broken box office records in Australia and the US, and its largely thanks to a hilarious TikTok trend.
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The RBA has raised the cash rate by another 0.5% to 1.35% - and the RBA has warned that even more rate hikes are on the horizon.
The ACCC, Australia’s competition watchdog, is urging the big banks to adopt new measures to protect customers against scammers.
EY, the global accounting and consulting firm, has admitted that some of its audit employees cheated on the ethics portion of a key accounting exam.
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7/5/2022 • 5 minutes, 58 seconds
Aussie TikTok data under scrutiny | Aussie debt collector goes bust | Meta cuts its own wallet
TikTok Australia’s user data is under some serious scrutiny after a Liberal senator asked to see just how secure our data really is.
Collection House, one of Australia’s biggest debt collection agencies, has just tumbled into administration.
Meta, formerly known as Facebook, is shutting down the pilot for its digital wallet, Novi, and its asking users to withdraw their funds ASAP.
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7/4/2022 • 5 minutes, 59 seconds
$450m deal: Seven sues Cricket Aus | Apple & petrol from your car | AusSuper's $1 trillion goal
Seven West Media is looking to can its $450 million mega-deal with Cricket Australia over a contract breach.
Apple is looking at new ways to reinvent the car experience - starting with potentially buying petrol from your car dashboard.
AustralianSuper says the total of its members’ funds could reach $1 trillion in less than 20 years - which would make it one of the world’s biggest pension funds.
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7/3/2022 • 5 minutes, 53 seconds
Apple, Google sued by Aus app users | Liontown's monster Ford deal | Nike impresses the pros
Apple and Google Android users in Australia are suing the tech companies in a class action, claiming their app store practices led to higher prices for consumers.
Liontown Resources, Aussie lithium miner, has announced a whopping deal to supply Ford with a crucial electric vehicle battery material.
Nike has announced results that were better than expected by pro investors, which just goes to show its big strategy shift is working.
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6/30/2022 • 5 minutes, 45 seconds
RIP: Aussie bank Volt | ASX-listed cancer treatment co up 46% | Pinterest replaces founder/CEO
Aussie neobank Volt, which had raised tens of millions of dollars, is shutting up shop and returning deposits to customers after failing to raise funds to continue operating.
Shares in ASX-listed biotech company Imugene rocketed 45% earlier this week, after it announced trial results for a new cancer treatment.
The CEO and Founder of Pinterest has stepped down, handing over the reins to a Google commerce executive - and the Pinterest share price has boomed.
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6/29/2022 • 5 minutes, 54 seconds
Netflix = all in on Asia | Robinhood could be bought by FTX | $23m in equity to pay debt at BWX
Crypto exchange FTX is reportedly exploring a deal to acquire share trading behemoth Robinhood.
BWX, the Aussie beauty and wellness company, has raised $23 million in equity to pay down its debts - and its share price has been whacked 38% for doing so.
Netflix is planning to increase its investment in Asia after a shock first-quarter slowdown in subscriber growth.
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6/28/2022 • 5 minutes, 58 seconds
Suncorp might sell bank | Carsales wants $1.2b for US rival | Zendesk takes $10b rather than $17b
Suncorp Group is reportedly looking to bid farewell to its banking unit so that it can focus more on its insurance arm.
Zendesk has agreed to sell itself for $10.2 billion in cash - only months after it declined a $17 billion offer.
Carsales is looking to raise $1.2 billion from shareholders so it can buy 100% of an American commercial truck listing business.
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The Sun Cable solar project in Northern Territory - aka the world’s largest renewable energy system - has officially been deemed “investment ready."
Juul, the e-cigarette maker, has been banned from selling its products in the US.
Woolies aims to show new grocery delivery startups who is boss after launching a new app that promises groceries delivered within an hour.
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6/26/2022 • 5 minutes, 56 seconds
Voly cuts staff, shuts warehouses | Kellogg's splits in 3 | IKEA's new smartphone experience
Voly, the Aussie grocery delivery startup, has had to cut staff, shut warehouses and can its 15-minute delivery promise - as the industry takes a bit of a turn.
Kellogg’s is going to split itself into three publicly listed companies: snacks, cereal and plant-based meat.
IKEA is rolling out a new AI-driven interactive design experience where customers can design and visualise their own living spaces - from their smartphones.
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6/23/2022 • 5 minutes, 39 seconds
Humm's board falling apart | Naomi Osaka's new startup | Microsoft facial tech ahead of the law
Humm, the consumer loans slash buy now pay later company, has seen 5 of its directors step down from the board after a deal to sell the biz to Latitude Financial fell through.
Naomi Osaka, the four-time Grand Slam champion, is launching a new media company with the aim of crossing cultural barriers.
Microsoft is going to stop selling technology that guesses someone’s emotions based on their facial image… to get ahead of lawmakers.
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6/22/2022 • 5 minutes, 55 seconds
'Get on the beers' breaks record | QLD covid app fails final test | Crypto at war with itself
Aussie t-shirt maker Threadheads has broken equity crowdfunding history, so now they can print more “Get on the beers” tshirts.
An Australian app that aims to diagnose covid by listening to the sound of a cough has failed its final test before its potential takeover by Pfizer.
Crypto lending platform Solend has seen its community vote against enabling the platform to take over a major user's account.
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6/21/2022 • 5 minutes, 58 seconds
Qantas, Airbus' $300m green move | Telegram finally makes money | Amazon slams financial breaks
Qantas and Airbus have announced they will invest nearly $300m in Australia’s sustainable aviation fuel industry to speed up their goal of lowering carbon emissions.
Telegram, the instant messaging app, has topped 700 million active users, and is rolling out a premium version so it can finally start monetising.
Amazon is slamming the brakes on its expansion plans after facing the most difficult financial period it has ever faced.
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Lego is investing US$1 billion in a new factory to keep up with growing demand - and these days, it ain’t just from kids.
Australian grocery products have decreased in size without changing their price tag, according to a new report.
The US Federal Reserve has hiked interest rates over there by 0.75% - the biggest increase since 1994.
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6/19/2022 • 5 minutes, 53 seconds
First time ever: AEMO suspends Aussie energy market | Facebook desperately clones TikTok | Apple buys MLS rights
We’ve just experienced a historic moment in Australia’s National Electricity Market with the the Aussie energy regulator suspending the National Electricity Market for the first time in history to stabilise the grid.
A sneaky leaked memo has revealed Meta wants to change Facebook’s algorithm to look a little more like TikTok’s.
Apple has bought the exclusive rights to broadcast Major League Soccer in a monstrous deal rumoured to be worth $250 mill a year for 10 years!
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6/16/2022 • 5 minutes, 57 seconds
ANZ Bank could swallow MYOB | VW may sell more EVs than Tesla | Crypto firm pauses withdrawals
ANZ Bank is considering acquiring accounting software company MYOB to boost its offering to existing and new small business customers - and this could really spice things up.
Volkswagen could sell more electric cars than Tesla in 2024, according to a new report, as the battle to be the EV leader heats up.
Celsius Network, one of the biggest crypto lenders, has paused withdrawals, swaps and transfers between accounts - as crypto tanks and the company becomes concerned that they could run out of funds.
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6/15/2022 • 5 minutes, 52 seconds
News Corp's $220M+ offer rejected by PointsBet | Bitcoin's 18 month low | ASX loses $116B in a day
PointsBet, the Aussie-born online betting company, has rejected a $220 million+ takeover offer from News Corp, which wants to enter the gaming industry in Australia.
Bitcoin prices have have hit an 18-month low, dipping under US$25,000 for the first time since December 2020.
The ASX200 saw $116 billion of value wiped off the index yesterday - and it has officially entered 'correction territory'.
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6/14/2022 • 5 minutes, 56 seconds
Virgin Australia: back in black | Microsoft, Samsung in lover's paradise | Campbell's Soup cooks up a sales storm
After a rocky few years, Virgin Australia has announced its return to profitability… and is now considering listing on the ASX as early as next year.
Microsoft is partnering with Samsung to launch Xbox on Samsung Smart TVs without an Xbox console.
Campbell’s Soup has posted its latest earnings, and it has cooked up a 7% sales growth in the last 3 months.
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6/13/2022 • 5 minutes, 51 seconds
Spotify's $100B revenue dream | BuzzFeed sheds 1/3 value | Revlon Australia up for sale?
Spotify reckons it’ll crack $100 billion in revenue annually in the next 10 years.
BuzzFeed’s stock has lost more than a third of its value - after the company’s pre-IPO lockup agreement expired.
Revlon might put its Aussie subsidiary up for sale as it tries to find ways to pay down its debts and stay alive.
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6/9/2022 • 5 minutes, 52 seconds
Superhero, Swyftx's surprise merger | Uber's $26m for green drivers | EU's new law to hurt Apple
Aussie crypto exchange Swyftx and share trading platform Superhero have announced a surprise merger.
The EU just approved a law that requires phone manufacturers to use the same charging port in all devices.
Uber is going green by spending $26 million over the next three years cutting fees for drivers that use electric vehicles, in an attempt to increase uptake.
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6/8/2022 • 5 minutes, 43 seconds
0.5%: Why RBA, why? | Aussie drone startup rejects $100m offer | Apple's sexy new [car] features
The Reserve Bank of Australia has announced its second rate rise in 2 months, raising the interest rate by 0.5% - in an attempt to slow down inflation.
Swoop Aero, an Aussie drone-powered logistics startup, has turned down a $100 million takeover offer - and instead, has raised $18 million of private cash.
Apple has hit 'show-off' mode at the its Worldwide Developers Conference, unveiling a tonne of new features and products.
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6/7/2022 • 5 minutes, 58 seconds
Twitter Aus' $2m loss | Apple, Block turns phones into payment terminals | ACCC stares down airports, airlines
Twitter Australia reported losses of $2 million in 2021 thanks to rising sales and marketing expenses (and it led to a pretty low tax bill).
Apple has partnered with payments rival Block on its ’s Tap To Pay feature, which turns iPhones into payment terminals, and will let Apple’s payment terminal become available to Square sellers.
The ACCC has warned airports and airlines to play nice with commercial negotiations, and is planning to keep a close eye on airport profit margins.
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6/6/2022 • 5 minutes, 59 seconds
realestate.com.au owner wants in on property insurance | Deutsche Bank greenwashing allegations | EU bans insurance on Russian oil ships
Realestate.com.au’s parent company REA Group has said it wants to own ALL elements of the property experience, and reckons there are more acquisitions on the horizon.
Deutsche Bank, Germany’s biggest bank, is under investigation over allegations that one of its divisions engaged in greenwashing.
The EU has banned Russian oil and now it’s also planning to ban insuring Russian oil ships.
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6/5/2022 • 5 minutes, 57 seconds
Lithium v ASX | NFT employee's insider trading | Canva investor cuts value again
Lithium shares have been through a massive sell-off on the ASX, after a report came out saying road transport ain’t on track for carbon neutrality by 2050.
An ex-employee of NFT platform OpenSea has been arrested and charged with insider trading of NFTs - and this is the very first charge of insider trading for NFTs.
Canva investor Franklin Templeton has once again cut the value of its investment in the Aussie tech unicorn, bringing the value of its shareholding in Canva down 58.5% in the last 6 months.
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6/2/2022 • 5 minutes, 55 seconds
Energy prices: Aussie regulator caps gas markets | TikTok goes 'distraction free' | Missguided collapses
Australia’s energy regulator has been forced to cap gas markets in some major Aussie cities after the wholesale price of gas soared 80 times the normal level.
TikTok is testing a new feature that’ll allow for a “distraction-free” scrolling experience on the app.
Missguided, the fast fashion brand, has collapsed into administration after failing to repay suppliers filed to shut it down over unpaid debts to its suppliers.
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6/1/2022 • 5 minutes, 55 seconds
EY looks at audit spinoff | Humm says let us sell out | 30m: Samsung cuts production
EY is looking at spinning off its audit business into a completely different company.
Humm, the buy now pay later company, has told its shareholders that its consumer finance arm ain’t profitable…as it tries to get shareholders to approve its sale to Latitude Financial.
Samsung is reportedly cutting its smartphone production by 30 million - and Apple is too by 20 million - as the smartphone industry takes a turn.
---
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5/31/2022 • 5 minutes, 47 seconds
NAB = very late to BNPL party | Metricon rescued | Roblox tackles ADHD
NAB is launching a BNPL product this July, with a view to engage customers rather than bring home the bacon.
The NSW Government is reportedly looking at rescue packages for one of Australia’s biggest building companies - Metricon - as well as the construction industry as a whole.
Online gaming platform Roblox has partnered with a video game that functions as a treatment for ADHD to dish out in-game rewards.
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5/29/2022 • 5 minutes, 59 seconds
NBN fears extinction | Glossier's hella rocky year | Glencore's 11 years of bribery
NBN Co, the company behind the NBN, reckons it is at risk of being an unsustainable business - thanks to competition from new players… including Elon Musk’s Starlink.
Glencore, the world’s biggest mining company, has admitted to bribery and market manipulation (over 11 years), and will pay $2.1 billion to settle the case.
Skincare brand Glossier is waving goodbye to its founder, who is stepping down after one hell of a rocky year.
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5/26/2022 • 5 minutes, 58 seconds
Australia's first carbon ETF | Zoom's rollercoaster share price | Instant grocery delivery startup cuts jobs
Australia’s first carbon credits ETF is set to hit the ASX… and it could have a major effect on carbon credit prices.
Zoom, the WFH sensation, has delivered better-than-expected first quarter earnings… and its shares spiked 16% - because growth in a post covid world ain’t easy for old Zoomy.
The company that pioneered the instant grocery delivery space, Gorillas, Berlin’s instant grocery delivery startup, Gorillas, is laying off around 300 employees and exiting 4 markets… despite raising US$1 billion just 7 months ago.
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5/25/2022 • 5 minutes, 51 seconds
Qantas buys chunk of TripADeal | Snap's internal leak | Meta Aus' cheap tax bill
Qantas’ Loyalty business has made its biggest acquisition EVER by acquiring a majority stake in TripADeal, an online travel booking company.
Snap Inc, the owner of Snapchat, has had an internal memo leaked which said it will miss its revenue goals for this quarter… and its share price has been smashed.
Meta Australia, the owner of Facebook, paid just $24 million in tax for last financial year, despite earning over $1bn in revenue.
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Anthony Albo Albanese and his Labour Party won the 2022 Federal election on Saturday night - and there are plenty of companies who look set to become winners under his policies... and there are some losers too.
WhatsApp, the messaging platform owned by Meta, has launched a new service that will give businesses a new way to use WhatsApp - with a plan to open up a new revenue stream.
Klarna, the pink-coloured buy now pay later behemoth, is back at it again, aiming to raise $1 billion from new and existing investors - but this time it’s a little bit different.
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5/23/2022 • 5 minutes, 56 seconds
Woolies pays $243m for MyDeal stake | Tesla dumped, ESG-style | US Soccer reaches equality
Woolworths has offered to buy 80% of e-commerce company MyDeal.com.au for a huge $243 million as they plan to ramp up their marketplace offering.
Tesla has been dumped from the US sustainability index, the S&P 500 ESG, because of claims of racial discrimination and crashes with its autopilot vehicles.
The US Soccer Federation has become the first governing body in soccer to pay its mens and womens soccer teams equally.
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5/22/2022 • 5 minutes, 58 seconds
Penfolds maker to sidestep China tariffs | Warren Buffett's spending spree | AFL club's $85M sale
Treasury Wine Estates, the Aussie winemaker, is planning to side-step China’s expensive wine tariffs by making its famous Penfolds within China itself.
Berkshire Hathaway, the US conglomerate headed up by investing legend Warren Buffett, is on a spending spree while everyone else is panicking.
A massive Melbourne pub has been sold for $85 million - but interestingly, one of the biggest beneficiaries of the sale will be AFL club Hawthorn.
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5/19/2022 • 5 minutes, 54 seconds
Kmart, Officeworks, Bunnings = all-in-one subscription | CommBank's 10 minute home loan | Afterpay slides into Block's hairdressers
Wesfarmers, the owner of Kmart, Bunnings and Officeworks, has relaunched its customer membership program - with a new twist.
CommBank is trying to compete with other banks and fintechs by launching a digital-only home loan that aims to approve home loans in 10 minutes.
Block, the company formerly known as Square, is rolling out Afterpay to its in-store customers - that’s everyone from fruit shops to nail salons - and even humble cafes.
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5/18/2022 • 5 minutes, 51 seconds
StepOne crashes 60% | Maccas' Russian McExit | Elon's spammy Twitter on hold
StepOne, the Aussie underwear brand, has seen its shares crash by almost 60% after the company downgraded its sales targets.
McDonald’s has officially pulled every Ronald McDonald, Hamburgler and Grimace from Russia and is selling off its 850 restaurants.
Elon Musk has put his plans to buy Twitter on a “temporary hold” while he investigates the platform’s spam accounts.
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5/17/2022 • 5 minutes, 58 seconds
The Inspired Unemployed's record breaking beer | Apple joins downward spiral | The Libs' big promise
Better beer, a zero-carb beer brand backed by influencers/comedians The Inspired Unemployed has become one of the fastest growing beer brands Australia’s ever seen!
Apple’s stock has taken an 8% hit, wiping out hundreds of billions in value as the tech industry continues its downward spiral.
First home buyers have been promised access to a ‘responsible amount’ of their super for housing in a last minute promise - if the Liberal government gets elected.
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5/16/2022 • 5 minutes, 36 seconds
Woolies, Coles top 'most trusted' list | Airbnb's big changes | Xero hits $1B
Woolies and Coles are clinking glasses after they topped the list of the most-trustworthy Aussie brands, as retail sales experience a significant boom. And, cop that big 4 banks.
Airbnb has introduced a tonne of new changes to its platforms to keep up with changing consumer behaviours.
Xero, the cloud accounting firm, has seen its revenue grow 29% to hit NZ$1 billion… which sounds good, but its shares tanked 12% on the news. Um, why?
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5/15/2022 • 5 minutes, 56 seconds
Swisse saved by supermarkets | EA Games switches to smartphones | Disney+ catching Netflix
Swisse vitamins has seen its sales surge by 29% in Australia, thanks to a renewed focus on selling through supermarket chains and community pharmacies.
Electronic Arts - ie the crew behind EA Games - is planning on launching three blockbuster mobile games later this year… and it’s clearly all about mobile and NOT PS20 or Xbox.
Disney+ has kept up its subscriber growth momentum, gaining nearly 8 million paid customers in the first three months of 2022.
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5/12/2022 • 5 minutes, 54 seconds
Woolies fights Visa, Mastercard with QR codes | Insta testing NFTs | Major stablecoin loses stability
Woolies is going to let customers pay with QR codes, as it tries to turn up the heat against card giants like Mastercard and Visa.
Instagram will begin testing NFTs user profiles this week, so that you can now have your Bored Ape in your profile picture (but not everyone in the decentralised world of Web3 is happy about Zuck coming in).
UST, one of the largest crypto stablecoins, has just sank below 70 cents in value - which is very interesting... since it’s meant to remain at its intended $1 peg.
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5/11/2022 • 5 minutes, 57 seconds
28 by Sam Wood sold for US$50M | Woolworths (SA) progresses David Jones sale | Grindr plans to go public
28 by Sam Wood, the fitness app, has been acquired by Aussie genomics company myDNA in a $50 million USD deal.
Woolworths, the South African one (not to be mistaken for the Woolies we know and love) is reportedly looking to flog David Jones… and is getting serious about it with investors.
Grindr, the LGBTQ dating app, is planning to go public, making it the third dating giant to go public in the last three years.
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5/10/2022 • 5 minutes, 59 seconds
TPG Telecom's $1b sale | Gucci accepts crypto in-store | Shell reports record $9b profit
TPG Telecom, the third largest telco in Australia, has sold its entire footprint of mobile towers and rooftop infrastructure for nearly $1 billion.
Gucci, the luxury brand, will start accepting payments in cryptocurrencies in some of its stores in the US to drive sales.. and be in with the cool crowd?
Shell, Europe’s largest energy company, has reported a record US$9.1 billion in profit thanks to rising energy prices and major cost cuts.
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One of Australia’s hottest on-demand grocery players Send has collapsed after burning serious cash to keep up with competitors.
Tech companies like Facebook and Cameo are calling hiring freezes and layoffs as the tech industry starts to experiences a bit of a downturn.
France’s largest supermarket chain is putting popular products under a “price shield” as inflation ramps up… and it looks like others across the EU might follow suit.
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5/8/2022 • 5 minutes, 41 seconds
Qantas pays $641m to go regional | NAB returns to GFC glory | US's biggest rate hike since 2000
Qantas is opening its coffers to buy a company named Alliance Aviation for around $614m, and it’s all part of Quanny’s plan to bolster its regional link offerings.
NAB is popping the champagne after announcing its earnings are up more than 4%, with the fastest growth in business lending since the 2008 GFC!
The US Federal Reserve, which is the American version of our RBA, has increased interest rates by half a percent. That’s the biggest interest rate increase since 2000!
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5/5/2022 • 5 minutes, 56 seconds
Mr Yum's big buy | Temple & Webster takes on Bunnings | Wordle! acquired, but not Wordle
Mr Yum, the digital menu and payments company, has acquired Aussie marketing software platform MyGuestList for ‘tens of millions’.
Online furniture store Temple & Webster is taking on Bunnings with a new DIY-focused online shop where it will be selling home improvement products.
Wordle! - but not the one we all know and love - has been bought by a mobile marketing firm after experiencing some second-hand success.
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5/4/2022 • 5 minutes, 55 seconds
How the cash rate increase impacts you | Atlassian founder buys AGL chunk | Woolies sales up 10%, thanks inflation
The Reserve Bank of Australia has increased the official cash rate by 0.25% to 0.35%.
The co-founder of Atlassian, Mike Cannon-Brookes, ain’t finished with AGL. In fact, he’s just bought an 11.3% stake in the company with the plan to vote against its upcoming demerger.
Woolworths has recorded an almost 10% jump in sales, and in a big move, the Woolies boss has called for an increase in retail workers’ wages to keep up with rising inflation rates.
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5/3/2022 • 5 minutes, 53 seconds
Moneybags on the horizon for Qantas | Apple's best quarter in years | Robinhood's shrinkage
Qantas reckons it’ll return to profitability next financial year - and it’s also snapped up a few Airbuses for new extra extra-long haul flights.
Apple has announced one of its best quarters in its 46-year history, despite supply chain issues and booming inflation.
Robinhood, the US online trading platform, has reported worse-than-expected losses and shrinking revenue for the first quarter.
---
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5/2/2022 • 5 minutes, 49 seconds
Commbank's cheap green loans | Renault flogs car brand to Russia [for 1 rouble] | Twitter's Musky damage control
CommBank says it’ll offer cheaper home loans to customers who build green homes in a big push to appeal to younger Australians.
Renault, the French car maker, is looking to flog its majority stake in Russia’s biggest car maker to the Russian government for 1 teeny tiny rouble.
Twitter is in damage control after advertisers raised concerns that Elon Musk’s focus on free speech could increase toxicity and abuse on the platform.
---
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5/1/2022 • 5 minutes, 31 seconds
Inflation = good for Coles | 'Church-tech' booming 24% | Heinz's TikTok product inspo
Coles says consumers can expect prices to keep rising due to inflation, after it reported a sales jump of around 4% for the first 3 months of the year.
Pushpay, a major “Church-technology” company, has reportedly received quite a few acquisition offers - sending its shares soaring 24%.
Heinz has created a new product called Dip & Crunch after receiving some major inspiration from a one specific TikTok trend.
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4/28/2022 • 5 minutes, 32 seconds
Canva-backer cuts valuation by 30% | Stake's new $50m | Google, YouTube struggling in 2022
One of Canva’s most recent investors has slashed the value of its investment in Canva by 30% - after a major drop in the share price of other tech companies.
Stake, the Aussie share trading app, brought home $50 million in fresh funding…which it has very promptly added to its war chest.
Google’s parent, Alphabet, has reported weak earnings and revenue, as YouTube showed particularly weak results.
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4/27/2022 • 5 minutes, 25 seconds
Twitter 4 Musk #official | Aussie delivery startup LVLY sold for $35m | Facebook's retail entry
Twitter has officially been sold to Elon Musk for $44 billion USD and the plan is to take the company private.
LVLY, the Aussie flower delivery company, has just been acquired for $35 million.
Meta, FKA Facebook, is opening its first ever physical retail space to show people first-hand how to enter the big juicy metaverse.
---
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4/26/2022 • 5 minutes, 45 seconds
Netflix embraces ads | Aussie hospital giant's $20B offer | Tesla car prices increase
Netflix may offer a lower-priced version with ads in order to boost revenue as its subscriber numbers drop.
Global private equity giant KKR has partnered with a few sovereign wealth and superannuation funds in a $20 billion-plus offer for Ramsay Health Care, Australia’s largest private hospital operator.
Tesla’s revenue hit $18.7 billion for the first 3 months of the year, up from last year’s $10 billion - but the company’s still looking at increasing its prices.
---
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4/25/2022 • 5 minutes, 52 seconds
Australia's first bitcoin ETF | Zip's credit losses widen beyond expectations | Best sales in 15 years for P&G
Regulators are going to green light Australia’s first bitcoin ETF in the coming weeks, with an official launch party expected as early as April 27.
Zip Co, the Aussie buy now pay later company, has seen its credit losses increase beyond the company’s target range for the first three months of 2022.
Laundry lords Proctor & Gamble has revealed that sales growth is at its strongest in at least 15 years - despite hiking prices.
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4/21/2022 • 6 minutes, 6 seconds
NewsCorp entering gambling | Dymocks revived by TikTok | Netflix's horror show of losses
NewsCorp is finalising plans to launch a gambling company in partnership with a group of investors in the industry.
Dymocks, the old school bookstore chain, reckons book sales are soaring across the country - and it’s partly thanks to TikTok!
Shares in Netflix tanked around 25% after the 'Flix reported that it had lost 200,000 subscribers in the first 3 months of the year.
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4/20/2022 • 5 minutes, 58 seconds
Twitter's poison Musk pill | AMP's $25B potential flog | Big banks unite with $13m for startup
Twitter has taken a poison pill to stop Elon Musk from taking over the company after he offered shareholders more than US$40 billion for the company.
AMP could be flogging its real estate operations to property giant Dexus in a massive $25 billion deal.
ANZ, CBA and Westpac’s blockchain startup has copped nearly $13 million in new funding to speed up processing times for bank guarantees.
---
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4/19/2022 • 5 minutes, 50 seconds
AGL gets a big, virtual battery | Apple products are in trouble thanks to Shanghai lockdowns | Nintendo combines its most famous franchises
AGL Energy has inked a deal to charge and discharge a massive, virtual battery…without building it or even owning it.
Three major Apple suppliers have had to pause production of iPhones, iPads and Mac computers after Shanghai set some pretty strict COVID lockdowns.
Nintendo has combined its two most famous franchises - Wii Sports and the Switch, to make Nintendo Switch Sports.
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4/18/2022 • 6 minutes, 14 seconds
RM Williams could get a vegan makeover | Warner Bros and Discovery tie the knot | ASOS sees red, red and red
The parent company of RM Williams has invested in a plant-based textile company… and this may be a sign that it's planning to make its iconic boots vegan.
Warner Media and Discovery have just completed their US$43 billion merger…and they shall forever be known as 'Warner Bros Discovery'.
ASOS, the fast fashion retailer saw its first-half profits down a whopping 87%...and it ain’t looking good for the second-half either.
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Afterpay has reported its first results under new owner Block, and it was a whopper loss for the first six months of the financial year - $345.5M.
Tesla CEO Elon Musk, who is also now the largest shareholder in Twitter, has said ‘no’ to a board seat at Twitter.
Aussie ‘hype commerce’ startup EQL (pron: Equal) has raised $25 million to help retailers manage the launch of hyped, in-demand products.
---
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4/12/2022 • 6 minutes, 24 seconds
Foxtel IPO postponed yet again | Westpac blocking thousands of scams | Levi's booming 22% post covid
Once again, Foxtel’s IPO has been postponed - this time due to concerns around the economic environment, interest rates and international war zones.
Westpac claims it is is blocking around 1000 scams per week after releasing its latest anti-scam technology.
Levi’s has seen sales climb 22% thanks to its post-covid strategy of going direct-to-consumer via online and new physical stores.
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4/11/2022 • 5 minutes, 58 seconds
Amazon Australia launches same-day delivery | Mecca's 'live' Chinese domination | Tata takes on Amazon
Amazon Australia is launching same-day delivery in Sydney and Melbourne by expanding its logistics network - and finally we’re catching up the US.
Mecca, the giant Aussie beauty retailer, is making a massive play for the Chinese market with a major focus on ‘live-selling’.
Tata Group, the 154 year-old Indian behemoth, is planning to launch a super-app in India that will bring together 12 brands to take on Amazon.
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4/10/2022 • 5 minutes, 59 seconds
Coles goes global | Telstra's scam filter | Commbank's crypto hurdle
Hundreds of Coles-branded products will be sold on the shelves of Singapore’s biggest supermarket chain after a new multimillion-dollar deal.
Telstra has turned on a new scam filter, which is aiming to prevent Aussies from being hit with millions of dodgy text messages and scams.
The first crypto product to be offered by an Aussie bank to consumers is facing regulatory delays, as the corporate regulator puts the microscope on old CommBank.
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4/7/2022 • 5 minutes, 49 seconds
Giant ethical superfund coming our way? | $130M: Fast startup fails after big 2021 investments | Starbucks OG CEO returns for third time
Super funds Australian Ethical and Christian Super are in talks to merge and create the second biggest ethical super fund in Australia.
Fast, a seriously-hyped one-click checkout startup, which raised $130m just last year, has announced it is shutting down after burning through all its money.
Starbucks’ OG CEO Howard Schultz has officially triple-dipped - he’s returning to the CEO position at Starbucks for the third time after internal issues at the company.
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4/6/2022 • 5 minutes, 58 seconds
Elon Musk buys chunk of Twitter as share price rockets | Aus Super's $3.6B telco buy | David Jones owner denies Aussie exit
The CEO of Tesla, Elon Musk, has acquired a 9% stake in Twitter to become its largest shareholder - and as a result the company has seen its share price rocket.
AustralianSuper will jointly buy the telco infrastructure firm Axicom for $3.58B - as it seeks to cash-in on the increase in demand for mobile connectivity.
The owner of David Jones, and the Country Road Group, has denied the wave of speculation that it is planning to exit Australia.
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4/5/2022 • 5 minutes, 58 seconds
Amazon Australia open to bidding for Olympics | Domain buys for $180M | Microsoft and Activision's insider trading blow up
Amazon Prime Video’s Aussie division is not ruling out making a play for the next 3 Olympics when the tender rights open up later this year.
Domain, the Aussie real estate listings site, is acquiring a real estate campaign management platform named Realbase for at least $180M.
Regulators are investigating a possible insider trading incident at gaming behemoth Activision, which happened just before Microsoft’s US$69 billion takeover of the company.
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4/4/2022 • 5 minutes, 54 seconds
TabCorp & Tatts divorce after just 5 years | Lizzo's Good As Hell new brand | Self-driving cars getting closer and closer
TabCorp and Tatts, the betting and lotto companies, are finalising the paperwork to BREAK UP after merging just 5 years ago.
Pop star Lizzo has turned from Good-As-Hell music superstar to shape-shifting business-women with her new shapewear brand.
Waymo, the self-driving car company, says fully driverless rides are coming to San Francisco - taking us one step closer to never having to drive again.
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4/3/2022 • 5 minutes, 59 seconds
Westpac dumps salary secrecy rules | New Balance is bringing de-globalisation back | Qantas has a plan for net-zero emissions
Westpac employees will be free to talk about their pay packets - to friends, family, colleagues - after Westpac dumped its salary secrecy clause.
Sneaker brand New Balance wants to remind buyers that the shoes are Made In America - and it's part advertising, part necessity.
Qantas shared how it plans to meet its 2050 net-zero emissions target, and it could involve carbon farming in WA.
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3/31/2022 • 5 minutes, 57 seconds
Aussie mining giant replaces Russian gas with Aussie green hydrogen | Local VC tries to find the next Canva with $1B | Sony's new PlayStation subscription
Aussie mining giant Fortescue has inked a new deal with German energy company E.ON to replace Russian gas with Australian green hydrogen.
Australian venture investor Blackbird Ventures is raising $1 billion from investors to find and back the next Canva.
Sony is launching a new PlayStation subscription service, as gaming companies strive to replicate the success of TV and movie streaming.
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3/30/2022 • 5 minutes, 53 seconds
Winners & losers of the federal budget | AppleTV+ beats Netflix at Oscars | Tesla, Tweets & $112 billion
The Treasurer has dropped the mic on the 2022/2023 election budget, and the key theme is the rising cost of living.
Apple TV+ is celebrating its win of Best Picture at the Academy Awards, and in bad news for Netflix, it has become the first streaming service to win the top gong.
Tesla tweeted it will perform another ‘stock split’ - and shortly after the tweet, it added $112 billion to its valuation.
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3/29/2022 • 5 minutes, 57 seconds
Star casino loses CEO | Stripe lands and expands in Aus | HubSpot = a podcaster now
The CEO of the Star Entertainment Group has resigned following revelations of widespread misconduct at the casino.
Stripe, the world’s most valuable private 'fintech', is seeking new banking partners in Australia so it can extend its payments services into loans and bank accounts.
Customer management company HubSpot has created a platform to produce podcasts, and creators who participate will get a monthly payment.
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3/28/2022 • 5 minutes, 40 seconds
TikTok to save Aussie federal election | Triple M-owner to sell assets | Uber's big taxi deal
TikTok has committed to removing damaging political misinformation in lead up to the Australian federal election.
Several parties are said to be interesting in buying the regional TV assets of Southern Cross Austereo, the owner of Hit, Triple M and LiSTNR.
Uber has struck a landmark deal with yellow taxis in New York, as the company strives to integrate itself with every taxi in the world.
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3/27/2022 • 5 minutes, 55 seconds
ANZ Bank = our first 'stablecoin' | Telstra to plant 158,000 trees for carbon credits | YouTube = pretty much a TV channel now
ANZ Bank has created a ‘stablecoin’ that’s pegged to the Australian dollar, in a milestone for Australia's digital economy.
Telstra says it’ll plant 158,000 trees via drones to rack up carbon credits and offset its greenhouse gas emissions.
YouTube taking another big step into the TV space after announcing it will stream more than 4,000 TV shows for free, beginning in the US.
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3/24/2022 • 5 minutes, 57 seconds
Foxtel & F1 in love again | Facebook sued by ACCC for Aussie scam | $450M for a Bored Ape 'seed' round
Foxtel has extended its deal to broadcast Formula 1, and the deal is said to be worth between $40 and 45 million a year.
The ACCC is suing Meta, the owner of Facebook, and they’re alleging it knowingly ran ads for crypto scams featuring Australian celebrities.
Yuga Labs, the company behind the Bored Ape Yacht Club NFTs, is at it again - they’ve raised $450 million USD for their seed round.
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3/23/2022 • 5 minutes, 57 seconds
Bubs' boujee babies hurt A2 Milk | Qantas gets into NFTs | Match Group's new app for single parents
Baby formula producer Bubs is launching a ‘supreme’ premium range (for the boujee babies out there), and it sent shares tumbling for rival A2 Milk.
Qantas is going to sell NFTs featuring its historic aircrafts later this year, and it’ll offer frequent-flyer points to buyers.
Dating company Match Group is launching its latest app, designed exclusively for single parents.
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3/22/2022 • 5 minutes, 51 seconds
Burger King won't shut down in Russia | Optus could ditch its Macquarie tower partner | TikTok to sell cooking ingredients from viral vids
Burger King says its independent operator in Russia is refusing to close down its restaurants.
Optus is threatening to take its big commercial partnership away from telco tower group Axicom - just as Macquarie plans to sell off Axicom.
Online grocery platform Instacart has teamed up with TikTok so users can buy recipe ingredients from viral videos
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3/21/2022 • 5 minutes, 16 seconds
Telstra wants to buy slice of Fetch TV | Amazon completes $8.5B acquisition of James Bond owner | Russia heading for debt default
Telstra is planning to buy a majority stake in subscription video service Fetch TV - despite already owning 35% of Foxtel.
Amazon has completed its US$8.5 billion acquisition of MGM - the company behind the James Bond franchise and many other blockbusters.
Russia is heading towards a default on its foreign debt payments, which threatens to send its economy deeper into crisis.
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3/20/2022 • 5 minutes, 22 seconds
'Link in bio' Linktree = Australia's new unicorn | US Fed Reserve drops interest bomb | Netflix to start charging for password sharing
Aussie startup Linktree, famous for creating “Link in bio”, has just raised $152 million - making it the latest Aussie unicorn.
The US Federal Reserve has approved its first interest rate hike in more than three years - and they say there could be 6 more on the horizon.
Netflix has announced it is going to test out charging customers for password sharing in some countries - and it ain’t cheap.
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3/17/2022 • 5 minutes, 45 seconds
F45 appoints itself no.1 | Suncorp expecting pain galore | Health sector bracing for production problems
F45, the Aussie-founded gym franchisor, has called itself the fastest growing fitness franchisor in the world after record revenues for the fourth quarter of 2021.
Suncorp, the Australian insurer, has received over 34,000 claims as a result of the floods and weather in Queensland and NSW. But they reckon the worst is yet to come.
The global healthcare sector, including ASX-listed Resmed, is on high alert because the war in Ukraine has started to derail production of medical devices.
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3/16/2022 • 5 minutes, 49 seconds
Lululemon takes on Nike for women | $2.7B: Rio Tinto wants Mongolian mine | NFT merger creates $5.5B behemoth
Lululemon is going to take on Nike by making its own shoes, and will be designing footwear specifically for women.
Rio Tinto has offered to buy out Turquoise Hill Resources for US$2.7 billion in order to gain more control of its giant copper mine in Mongolia.
Yuga Labs, the NFT company behind the Bored Apes Yacht Club has acquired the rights to the CryptoPunks - meaning Yuga now controls NFTs with around US$5.5 billion in market cap.
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3/15/2022 • 5 minutes, 48 seconds
Myer: shoppers out for PJs, in for fashion | Amazon's bonanza stock split | Limewire. Is. Back.
Myer believes shoppers are over indoor clothes like leggings and PJs and are now more focused on fashion, as restaurants and office life returns.
Amazon has announced its first stock split since the dot-com boom, telling investors they’ll receive 20 shares for each share they currently own.
Old-school giant LimeWire is coming back, but this time it won’t be a music piracy service, it’ll be a fully-fledged NFT marketplace.
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3/14/2022 • 6 minutes
Camp Australia sells its debt | TikTok launches music platform | Uber Eats is after your wallet
Camp Australia, the after school care business, has sold some of its debt to two investment firms - via a loan-to-own agreement.
TikTok has launched its own music distribution platform, which aims to help artists get their music heard.
Uber Eats is raising the stakes against banks and fintech apps by launching a feature that’ll let you order food as a group and split the bill with your mates.
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3/10/2022 • 5 minutes, 31 seconds
Expensive oil = expensive airfares for you | Apple's budget phone now less budget-y | London Metal - stop right now TYVM
Airlines have warned that airfares could jump, as oil prices continue to rise - and when costs are higher for airlines, it often becomes more expensive for consumers.
The London Metal Exchange has been forced to halt nickel trading after prices more than doubled - and now they’re calling it an ‘unprecedented event’.
Apple has unveiled a new version of its budget-priced iPhone SE - with a pretty big upgrade - but given the price has gone up, it kinda feels less ‘budget’ than before.
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3/9/2022 • 5 minutes, 51 seconds
Aussie NFT startup now worth $3.5B | Atlassian-founder & co not done with AGL bid | Citigroup says close gender gap to increase GDP by US$2T
Aussie NFT startup Immutable is now valued at $3.5b after a $280m funding round - just 6 months after they raised $82m.
Mike Cannon-Brookes, the co-founder of Atlassian, and investment firm Brookfield, might not actually be finished with their takeover bid for AGL - following two rejections.
Global bank Citigroup has released a report saying that closing the gender gap in women-led businesses could increase GDP by US$2 trillion.
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3/8/2022 • 5 minutes, 58 seconds
Bonds to remove gendered items from 2025 | Telstra takes on Elon Musk | Petrol prices v Russia v US & Europe
Bonds, the iconic undies brand, plans to remove all gendered terms within its product, marketing, packaging and stores by 2025.
Telstra is partnering with a satellite internet company named OneWeb so it can get on the same galactic level as Elon Musk’s Starlink.
The US and Europe are considering a ban on Russian oil exports, which has seen petrol prices surge 10% - and we could be about to see ‘stagflation’.
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3/7/2022 • 5 minutes, 56 seconds
Construction giant accused of underpaying workers | The Batman's price surcharge | Ford's electric split from petrol
Australia’s biggest construction company, CIMIC, has been accused of underpaying hundreds of workers, subcontractors and banks in its Middle East operations.
The biggest movie cinema chain in the world, AMC, is going to charge more for tickets to the new Batman movie - as part of a new variable pricing experiment.
Ford is going to split its car business into two divisions - one for regular petrol cars, and another for electric cars.
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3/6/2022 • 5 minutes, 56 seconds
Coles deliveries by drone | Fastest Aussie unicorn ever | Uber's new concert feature
Coles is going to start delivering groceries by drone to Aussies in the ACT - thanks to its new partnership with Google’s drone service Wing.
Zeller, an Aussie fintech founded 2 years ago, has raised $100 million - and is now the fastest company to hit unicorn status in Australian history.
Uber has launched a new feature in the US that lets people book dinner reservations and concert tickets in-app.
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3/3/2022 • 5 minutes, 54 seconds
Optus: Telstra is blocking our 5G progress | IAG all in on startup investing | Nike turns off Russian tap
Optus is claiming Telstra has blocked its 5G push for 2.5 million regional Australians.
Aussie insurance giant IAG is getting even more serious about investing in startups - and has committed to investing $75 million for its second venture fund.
Nike has turned off the tap by making online sales completely unavailable in Russia.
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3/2/2022 • 5 minutes, 52 seconds
$1.8B: CommBank's China exit | Milklab = Freedom Foods' new boo | EU ban on Russian media to include online platforms & apps
CommBank is ramping up its exit of Asia after announcing the sale of a 10% stake in Bank of Hangzhou (in eastern China) for $1.8B.
Noumi (FKA Freedom Foods) is embracing its popular barista milk brand Milklab as plant-based products gain more love from consumers.
The EU’s ban on Kremlin-backed media outlets, like Russia Today and Sputnik, is expected to include online platforms and apps.
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3/1/2022 • 5 minutes, 39 seconds
Zip Co snapping up rival | BP ditches Russia | Zendesk's $4B Survey Monkey fail
Aussie BNPL Zip Co has announced its plans to buy US BNPL Sezzle - as the industry continues to see mass consolidation.
BP is preparing for a $35 billion hit as it ditches its 20% stake in oil and gas giant Rosneft over the Ukraine invasion.
Customer support company Zendesk has had to can its US$4.1 billion acquisition of Survey Monkey’s parent company Momentive - after shareholders rejected the deal.
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2/28/2022 • 5 minutes, 56 seconds
Russia banned from financial system | The Australian launching youth site | Afterpay-owner wants to be the 'super app'
The US, UK and EU have announced a plan to isolate Russia from the international financial system.
To attract a younger audience, The Australian newspaper is preparing to launch a youth-focused, online-only publication named… The Oz.
Super app-wannabe Block, the owner of Afterpay, saw shares skyrocket nearly 40% last week after announcing gross profits were up 62%.
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2/27/2022 • 5 minutes, 50 seconds
Qantas blames Omicron for $1.3B loss | 750 jobs on the line - Probuild on its knees | Spotify launches physical product
Qantas says Omicron set its recovery back by six months - after reporting a $1.3B underlying loss for the last 6 months.
Major Aussie construction company Probuild has collapsed into administration - with 750 jobs in limbo.
Spotify has launched its first physical product - Car Thing - and this could be a sign of the future for Spotify and its hardware ambitions.
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2/24/2022 • 5 minutes, 54 seconds
Down 25% since IPO: Step One brings on NBA star to lift sales | Domino's new range to offset inflation cheese pain | Volkswagen may sell Porsche
Shares in Aussie underwear company Step One are down around 25% since its IPO, so now it’s bringing in the big (NBA) guns to attract US-based customers.
Domino’s is releasing new ranges of higher-priced premium pizzas to combat an increase in costs due to inflation (cheese and meat).
Volkswagen is considering selling off its profitable Porsche division by spinning it into a separate company with its share market listing.
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2/23/2022 • 5 minutes, 57 seconds
Share market volatility! Thanks Russia | $20M: Mad Paws buys pet meds biz | Legend investor fights for pigs against Maccas
ASX-listed Mad Paws will pay $20m to buy online pet medication and healthcare products business Pet Chemist.
Share market investors have been bracing for a painful couple of days - for Russian, Ukrainian and global markets - as tensions between Russia and Ukraine continue to heat up.
Legendary investor Carl Icahn is leveraging his reputation to tackle an issue close to his heart: the welfare of pigs - and he has pointed the finger at McDonald’s.
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2/22/2022 • 5 minutes, 40 seconds
AGL rejects Atlassian founder's takeover bid | Westpac releases Square rival | Hermes belted by production caps
Energy giant AGL has rejected an unsolicited takeover bid by Atlassian founder Mike Cannon-Brookes and investment company Brookfield.
Westpac is bringing out a new, sleek eftpos terminal to compete with Block (fka Square).
Limits on production have hit luxury handbag maker Hermés’ bottom-line - and sent shares tumbling 5% last week.
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2/21/2022 • 5 minutes, 57 seconds
$181M for Aussie star Employment Hero | NZ Rugby's All Blacks up for sale | Nvidia arrives in boom town
Aussie HR platform Employment Hero has raised $181 million at a $1.25 billion valuation - with some of the funds going towards its first-ever acquisition.
Demand for computer chips is booming and as a result Nvidia has seen data center sales increase by a whopping 71%.
US private equity giant Silver Lake is buying 8.58% of the organisation behind New Zealand’s All Blacks rugby team for NZ$200m.
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2/20/2022 • 5 minutes, 54 seconds
Disney expands into residential property | Telstra shares = a yo-yo | Spotify eats 2 more companies
To capitalise on its love from fans, Disney is expanding beyond theme parks and entertainment to design residential communities in the US.
Spotify has acquired two more companies, Podsights and Chartable, to solve the podcast measurement and attribution problem - which is still one of the biggest challenges for poddy advertisers.
Telstra’s shares have been yoyo-ing after profits dropped by a third, but somehow its dividend remained consistent.
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2/17/2022 • 5 minutes, 53 seconds
Aussie miner's big Tesla deal | Penfolds owner smashed by China tariffs | Airbnb loving remote work
Australian lithium miner, Liontown Resources, has secured a 5 year deal with Tesla to supply 100,000 tonnes of lithium per year.
Treasury Wine Estates, the owner of Penfolds, has seen net profits drop by 7.5% thanks to Chinese tariffs - so now they’re heading to other Asian countries.
Airbnb’s revenue grew 78% to $2.1 billion in the last 3 months, thanks to the major shift to remote work.
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2/16/2022 • 5 minutes, 52 seconds
SEEK $ays thanks to The Great Resignation | Adore Beauty's boom time is here | Super Bowl ads hit new record
Jobs site SEEK is going to issue its highest dividend in three years - thanks to the Great Resignation.
Adore Beauty says cosmetic sales will continue to increase, thanks to upcoming shopping events - as sales increased 18% for the last 6 months.
Super Bowl ads were more expensive this year than ever before - with a single ad costing around US$7 million.
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2/15/2022 • 5 minutes, 58 seconds
JB Hi-Fi returns $250M | Crown recommends $8.9B takeover | Binance invests $200M into Forbes after suing it
JB Hi-Fi says it will return $250 million back to shareholders via an off-market buyback - after sales climbed 4.3% in Jan.
The Crown Resorts board has recommended that shareholders accept the company’s $8.9 billion takeover offer from US private equity firm Blackstone.
Giant crypto exchange Binance has invested US$200 million into business publication Forbes - just two years after suing it for defamation.
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2/14/2022 • 5 minutes, 56 seconds
Officeworks acquires 21% stake in social enterprise | Baby Bunting profits fly 12% | YouTube's tools to make influencers money
Officeworks has acquired a 21% stake in a Brisbane-based social enterprise named World’s Biggest Garage Sale.
Baby Bunting, Australia’s largest specialty maternity and baby goods retailer, has seen net profits increase by 12% - and shareholders are excited.
To raise the stakes against TikTok and Instagram, YouTube is looking at introducing new set features to help creators make more cash.
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2/13/2022 • 5 minutes, 34 seconds
$3.7M: Sportsbet's record fine | NFT traders making millions from 'wash trading' | Microsoft wants 'universal' app store
Sportsbet is facing a record $3.7m indemnity fine for sending 150,000 spam messages to people who had unsubscribed from their alerts.
New research by the crypto firm that is advising CommBank shows that NFT traders are making millions from ‘wash trading’.
Microsoft is warming up regulators to their proposed acquisition of gaming giant Activision Blizzard by pledging a future that includes an open, “universal” app store.
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2/10/2022 • 5 minutes, 49 seconds
Temple & Webster hits $235M | Apple to wipe out Block? | Bumbe's new Gen Z baby
Despite high shipping costs, Aussie retailer Temple & Webster has seen revenue hit $235m (up 45%) for the last 6 months.
Apple says it will transform iPhones into contactless credit card readers and payment processors later this year.
Bumble has made its first acquisition - fast-growing French dating app Fruitz - which Bumble hopes will help it gain traction with a younger, Gen Z audience.
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2/9/2022 • 5 minutes, 52 seconds
Grill'd to lift prices...thanks inflation | Peloton to be eaten by Amazon? | Sex therapy from Selfridges
Grill’d says the price of some items will increase in the coming months due to supply chain issues and inflation.
At-home fitness company Peloton has drawn interest from potential buyers including Amazon - as it struggles to maintain pandemic-related growth.
UK-based department store Selfridges will offer sex therapy and drug-free “psychedelic trips” in-store, in its latest attempt to tempt shoppers back into stores.
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2/8/2022 • 5 minutes, 58 seconds
Aussie NFT co unites with GameStop | Facebook to guard against harassment in metaverse | Magellan sinks low
“Memestock” GameStop has partnered with Aussie crypto platform Immutable to build an NFT marketplace for GameStop’s fans to trade digital video game assets.
Shares in one of Australia’s largest investors, Magellan, which has over $100B in assets, sunk yesterday after its founder/chair took a leave of absence.
Facebook owner Meta is adding tools to guard users against sexual harassment in the metaverse.
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2/7/2022 • 5 minutes, 56 seconds
Qantas slashes FF points to help you book more accom | $31m: Aussie 'rent-to-own' startup raises big from CBA | Calm app buys health care company
After a rough couple of years, Qantas has slashed the amount of frequent flyer points consumers will need to book accommodation.
An Aussie ‘rent-to-own’ startup named OwnHome has raised $31m from big name investors, including CBA, to help Aussies break into the housing market.
Meditation app Calm has acquired Ripple Health Group, a health care tech company that connects individuals with health care options.
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2/6/2022 • 5 minutes, 15 seconds
Facebook's own crypto collapses | Aussie Aristocrat ditched in the UK | $23B: Exxon is back (and better than ever?)
Diem, the ambitious crypto project funded by Facebook has collapsed after a more than two-year effort.
Aussie gambling software maker Aristocrat Leisure has to abandon its $4B takeover of Playtech after Playtech’s shareholders rejected the deal.
After the oil industry hit record lows in 2020, Exxon Mobil’s annual profits have exploded to US$23 billion - its highest levels since 2014.
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2/3/2022 • 5 minutes, 44 seconds
Dolce & Gabbana quits animal fur | US$3.6B: Sony buys Halo-maker | Aus-born packaging giant raises prices due to inflation
Dolce & Gabbana has joined a growing list of fashion houses to ban animal fur, saying it will use a sustainable “eco-fur” in future collections.
Sony has announced plans to acquire Bungie, the creator of popular video games Halo and Destiny, for US$3.6b.
Amcor, the Australia-born company that has become the world’s largest consumer packaging company, has implemented $650m of price rises due to inflation.
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2/2/2022 • 5 minutes, 48 seconds
$700M for local startups as Airtree hits record | NYT buys Wordle | China launches digital yuan at olympics
Local venture capital fund AirTree Ventures has closed the biggest fund yet in Australia, raising $700 million to back startups in software and Web3.
The New York Times has acquired the super popular word puzzle game Wordle for ‘low seven figures’.
China is rolling out its digital yuan to athletes and spectators ahead of the Beijing Winter Olympics - the first test of whether China’s virtual currency appeals to foreigners.
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2/1/2022 • 5 minutes, 55 seconds
Airtasker bounces back | Google's $1B to win another market | Trouble coming for share trading apps?
Aussie jobs marketplace Airtasker was hit hard by covid in 2021, but since then has seen a 37.5% increase in Q2 revenue - and growth in wages for its airtaskers.
Google is investing another $1 billion in India’s smartphone market - a move it hopes will drive down the cost of smartphones in a huge market.
Share trading app Robinhood is forecasting its first quarter revenue to be down 35% compared to last year - in a sign of what may be to come for local players.
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1/31/2022 • 5 minutes, 51 seconds
Atlassian shares fly on 37% improvement | Mattel wins back control of Disney toys | Apple hits record - thanks again, iPhone
Atlassian shares jumped 10% last week after announcing second quarter revenue of $688.5 million (37% better than last year).
Toy giant Mattel has won back control of the lucrative licenses for Disney Princess and “Frozen” characters - from arch rival Hasbro.
Apple has reported record quarterly revenue and it’s largely due to strong sales of the iPhone 13.
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1/30/2022 • 5 minutes, 43 seconds
Our no.1 brand: Bunnings beats Woolies, Officeworks | Joe Rogan brawl: Spotify to remove Neil Young music | Chinese retail darling to ditch China for IPO
Bunnings has claimed the title of Australia’s strongest brand, with Woolworths and Officeworks rounding out the top three.
Spotify will remove Neil Young’s music after the singer demanded Spotify take it down - in response to vaccine misinformation being spread by Joe Rogan (a popular podcaster on Spotify).
Chinese fashion giant Shein is planning to IPO in the US, and its founder is considering a citizenship change from China to the US to bypass proposed rules for offshore IPOs in China.
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1/27/2022 • 6 minutes
Maccas wants you to run a restaurant | Amazon to take on Myer, David Jones | QuadPay founders sue for their Zip shares advice
McDonald’s has announced that it has 100 new Australian restaurants in the pipeline, but now it needs to find the right franchise candidates.
Amazon plans to open a department store where technology will recommend what shoppers should try on next.
The founders of buy now pay later company QuadPay are suing Merrill Lynch over their advice to sell nearly 13m shares in Zip Co - immediately after being acquired by Zip Co.
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1/26/2022 • 5 minutes, 32 seconds
Aussie mining giant buys F1 racing partner | Supply chain steal: IGA wins marketshare from big cats | Insta gives creators more money options
Aussie mining giant Fortescue has paid $311m for Williams Advanced Engineering, a battery and engineering company with links to the Williams Formula One motorsport team.
IGA has taken market share from its big name rivals because IGA’s more local supply chains have let them to keep shelves better stocked during the omicron wave.
Instagram is giving creators more ways to make money with this week’s launch of Instagram Subscriptions.
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1/24/2022 • 5 minutes, 56 seconds
$960M: Aussie startup raises at big valuation thanks to 'bubble' | Peloton cutting jobs as it struggles | EU fighting the good fight against Big Tech
Dovetail, the Aussie customer research start-up, has raised $89 million at a $960 million valuation, as its founders acknowledge a “bubble-like” time for raising capital.
Fitness company Peloton plans to cut jobs and production levels, as sales slow down significantly.
The EU has passed legislation that could transform how Big Tech operates, requiring them to police content more aggressively and introduce restrictions on ads.
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1/23/2022 • 5 minutes, 53 seconds
Uber buys Aussie startup Car Next Door | Coke unveils new vibe to stand out | Disney's new team to try beat Netflix
Uber has acquired Australian car-sharing service Car Next Door to expand the range of services it offers to customers.
Coke is unveiling a new look for flavoured Coke products, as the company strives to stand out at the supermarket.
Disney has created a new international content team to build up its pipeline of content in countries around the world, ultimately to boost global subscriber numbers.
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1/20/2022 • 5 minutes, 39 seconds
Aussie companies introducing Omicron surcharges | $96B: Candy Crush maker bought by Microsoft | Goldman Sachs down 8% for paying talent too much
Aussie freight and logistics companies are being forced to introduce Omicron surcharges in order to cover the costs of staff shortages.
Gaming giant Activision Blizzard, the maker of World of Warcraft and Candy Crush, has agreed to be acquired by Microsoft for $96 billion.
Shares in Goldman Sachs dropped 8% after it announced its expenses have been rising - due to ‘rewarding top talent in a competitive labour environment’.
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1/19/2022 • 5 minutes, 58 seconds
Beforepay breaks [bad] IPO record | Redbubble's profit pain | Unilever will pay big for health products
Shares in Aussie on-demand wage service Beforepay fell 42% on their IPO day - the worst first-day performance in 2 years on the ASX.
Redbubble expects revenue to drop, as the pandemic leads to increased customer acquisition costs and decreased shipping margins.
Unilever, the owner of Ben & Jerry’s, is willing to pay big money for the company that makes Advil and Aquafresh toothpaste - as it tries to ramp up its focus on health products.
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1/18/2022 • 5 minutes, 59 seconds
AFLW's world-first $25m crypto deal | UberEats tries new branding via Aus Open | Beyond Meat the most unloved stock
The AFLW has locked in the first major crypto sports sponsorship in Australia - a $25m deal with crypto.com.
UberEats is using its sponsorship of the Aus Open to re-position itself as a way to get anything delivered, rather than just food takeaway.
Beyond Meat has become the most ‘shorted’ stock on the Russell 1000 Index - with investors betting against the company in a big way.
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1/17/2022 • 5 minutes, 57 seconds
Stan v Foxtel: Stan raises the stakes again | $8B: Crown Resorts to recommend a 'yes' | Virgin Galactic down with $580M of debt
Stan is raising the stakes against rival Foxtel with the launch of Stan Event, a pay-per-view service aimed to increasing Stan’s subscriber numbers.
Aussie gaming giant Crown Resorts will recommend its shareholders accept a new takeover bid of at least $8.87 billion by private equity firm Blackstone.
Shares in Virgin Galactic dropped more than 16% last week when it announced it would raise around $580 million in debt.
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1/16/2022 • 6 minutes
Your health insurance up in 2022 | Ex-Disney CEO's grenade at Disney | TikTok rival merges for $5B valuation
Private health insurance premiums will increase next year by an average of 2.7% - the lowest increase in 20 years - thanks to the pandemic and its impact on health insurance profits.
The former CEO of Disney says that Disney+ needs ‘more content for more people’ if it wants to hit its lofty 2022 goals.
TikTok rival Triller will go public via a ‘reverse merger’ with video-tech company SeaChange - with the combined company valued at around US$5 billion.
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12/23/2021 • 5 minutes, 54 seconds
Chemist Warehouse accused of inflated Black Friday prices | Marley Spoon eats Chefgood for $21m | Meta (fka FB) shareholders ask the big hairy questions
Chemist Warehouse has been accused of cooking up inflated pricetags for Black Friday sales.
Global meal kit company Marley Spoon has eaten up ready-to-heat meal company Chefgood for a delicious $21 million.
Shareholders of Meta (fka Facebook) are questioning whether the company is able to oversee public safety on its platforms - and now want an independent evaluation.
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12/22/2021 • 5 minutes, 37 seconds
NAB's 1 hour mortgage | Plant-based food may have to remove 'beef' word | Chinese giant excludes US investors for monster IPO
NAB plans to approve mortgage applications in one hour, as banks fight it out for the fastest mortgage process.
Plant-based food makers in Australia could be forced to remove words like ‘beef’ and ‘sausage’ from their packaging.
Chinese AI giant SenseTime has excluded US investors from buying shares in its US$767m IPO.
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12/21/2021 • 5 minutes, 52 seconds
Mecca creates an Australia-first experience | $500M: Sony buys Springsteen | Disney, YouTube fight over (finally)
Beauty retailer Mecca has created Australia’s first ‘pay-to-dispense’ street vending machines in order to drive gift sales in high traffic locations.
Bruce Springsteen has sold the rights to all of his music to Sony for over US$500 million - in the largest music rights deal ever.
Disney and YouTube have finally reached a new distribution deal after YouTube TV dropped Disney-owned channels like ESPN and ABC from its platform.
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12/20/2021 • 5 minutes, 38 seconds
Aussie record: $458m in VC for Rokt | Spotify acquires Aussie startup | US Fed going hard on inflation battle
Rokt, the e-commerce tech unicorn has smashed the record for the largest single venture capital raising in Aussie history - $458m.
Spotify has bought Aussie podcast-tech platform Whooshkaa with big plans to gain a foothold in the broadcast-to-podcast space.
The US Federal Reserve has said it will increase interest rates next year as inflation continues to get out of hand.
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12/19/2021 • 5 minutes, 51 seconds
Westpac hit by Westpac shareholders over exec pay | Kraft's major cream cheese shortage | Zara, H&M dominate with wardrobe updates post lockdown
Westpac’s shareholders have hit Westpac with a ‘protest vote’ over the new pay plans for its executives.
Kraft, the brand behind Kraft Singles, is getting crafty with its marketing - due to a major cream cheese shortage.
Sales at Zara and H&M are back to pre-pandemic levels (or in some cases are better) thanks to post-lockdown wardrobe updates.
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12/16/2021 • 5 minutes, 55 seconds
$16B: Aus's CSL buys Swiss co | Harley Davidson sells e-bike biz to attract Gen Z | Rotten Tomatoes & TikTok unite for movies
Aussie biotech giant CSL has bought Switzerland’s Vifor Pharma for $16.4b - giving CSL exposure to the fast growing market for kidney disease and iron deficiency treatments.
Harley Davidson is planning to take its electric motorbike business public in order to attract millennials and Gen Z.
Rotten Tomatoes is partnering with TikTok to allow users to link to movies and TV trailers, ratings, reviews and more.
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12/15/2021 • 5 minutes, 53 seconds
Woolies worried about xmas supply chain issues | CBA, IFM: Australia-first green deal | Nike buys virtual sneaker company for metaverse expansion
Woolies has encouraged shoppers to hit the shops early this xmas, as COVID-related supply chain issues could mean some products might be in short supply.
In a first for Australia, investment firm IFM is sinking $200m into CBA through a term deposit that will only be used to fund sustainability-linked loans.
Nike bought virtual sneaker company RTFKT, as Nike aims to expand its footprint in the fast-growing “metaverse”.
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12/14/2021 • 5 minutes, 52 seconds
Booktopia taken to court in Aus | Sex and the City hurts Peloton | Reddit rips from Spotify Wrapped
Booktopia is being taken to court after an ACCC investigation found it had misled consumers about their rights re faulty or damaged goods.
A plot line from the Sex and the City reboot has sent shares in exercise company Peloton tumbling.
Reddit has followed in Spotify’s footsteps by rolling out its own version of Spotify Wrapped - a personalised end-of-year recap of your stats.
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12/13/2021 • 5 minutes, 58 seconds
Australia could run out of beer | Coles Local = the next big thing | The suss $275B Apple deal with China
Two of Australia’s largest breweries have warned that we could be facing a beer crunch due to the supply chain crisis.
Coles wants its smaller Coles Local stores to make up around 10% of its total supermarket stores across the nation.
Apple signed a gigantic US$275 billion deal with China back in 2016, and it could be why Apple has managed to remain so successful in China.
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12/12/2021 • 5 minutes, 49 seconds
Twitter straight up copies TikTok | Visa launches crypto consultancy | Aussie supermarket supplies (and trucks) in trouble in 2022
Twitter is testing a feature that turns its explore page into a TikTok-style video feed (and it’s even got a ‘For You’ tab like TikTok).
Payments company Visa is launching a new consulting service to help clients understand the wacky world of crypto.
'AdBlue', a crucial diesel fluid, could run out by around February - which would hurt Australia’s trucking industry and supermarket supplies.
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12/9/2021 • 5 minutes, 57 seconds
Apple, Aussie banks could be forced to invest by treasurer | DoorDash bursts into 10 min delivery | Rising NFT platform stealing talent from big tech companies
Treasurer Josh Frydenberg will legislate a new power that could force Apple to join the banks in investing in Australia’s $650 billion-a-day payments system.
Delivering purchases within 10-15 minutes is the latest trend in grocery delivery, and as a result, DoorDash has debuted its own ultra-fast delivery service.
NFT platform OpenSea is growing so strongly that it has started poaching top talent from older tech giants.
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12/8/2021 • 5 minutes, 52 seconds
$125M for the pooches at Pet Circle | Buzzfeed sinks 17%, thanks SPAC city | $38M: Aussie startup cashes in on retailers' digital goals
Pet Circle, the Aussie online pet supplies and services marketplace, has just become Australia’s latest unicorn after a juicy $125m capital raise.
BuzzFeed shares plunged 17% at their public debut - and it wasn’t an IPO that did the damage... but a ‘SPAC’.
Aussie online marketplace developer Marketplacer has just banked $38m in investment, as retailers continue to adopt marketplaces of their own.
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12/7/2021 • 6 minutes
IGA, Mitre 10 shines thanks to local shopping boom | BHP's dividend and big petrol, coal exits | Chinese Uber de-lists in US to re-list in Hong Kong
Metcash, the owner of IGA supermarkets, Mitre 10 and Foodland, saw sales and profits grow big time this year, thanks to a shift towards local neighbourhood shopping.
BHP has hinted that it might be open to boosting its dividend payout next year after selling off key petrol and coal assets.
Didi, a Chinese version of Uber, is going to de-list from the New York Stock Exchange despite only IPO-ing 6 months ago - and it now plans to re-list in Hong Kong.
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12/6/2021 • 5 minutes, 41 seconds
Commbank's crypto partner to offer Aussies income product | Westpac cuts jobs in $45B business | Hermes reaches the big leagues after 90% jump
Commbank’s New York-based crypto exchange partner, Gemini, is planning to launch an ‘income product’ for everyday Aussie investors.
Westpac is slashing jobs in its $45b superannuation arm BT, as it prepares to sell the business over the coming months.
Luxury goods maker Hermés will list be added to the Euro Stoxx 50, where Europe’s top stocks are listed, after shares jumped 90% this year.
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12/5/2021 • 5 minutes, 43 seconds
Woolies, Wesfarmers fighting it out for Priceline owner | Square copies Facebook with big rebranding | $129M: Aussie medical startup raises huge
Woolies has thrown a last-minute bid to acquire the owner of pharmacy chain Priceline - an offer that tops Wesfarmers’ offer from a month ago.
Payments platform Square is changing its name to Block from December 10 - possibly after getting FOMO from Meta.
Medical tech startup Harrison.ai has raised $129 million in one of the largest funding rounds ever for an Aussie startup.
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12/2/2021 • 5 minutes, 54 seconds
Netflix to finally pay tax on Aussie sub revenue | $10M: Seven invests in Raiz | UK orders Facebook to sell Giphy
Netflix will finally start paying tax on its $1 billion-plus Australian subscriber revenue, as it converts to a local entity structure.
Aussie media giant Seven West Media has invested around $10 million into micro-investing platform Raiz.
The UK’s antitrust watchdog has ordered Facebook (aka Meta) to sell Giphy.
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12/1/2021 • 5 minutes, 54 seconds
Westpac allegedly charged dead customers | US$65M: Local star Mr Yum goes big | Twitter loses its CEO
The corporate regulator has launched 6 lawsuits against Westpac for allegedly charging dead customers financial advice fees.
Mr Yum, the Aussie mobile ordering platform, has raised a whopping US$65 million - after the pandemic and social distancing increased its adoption.
Twitter co-founder Jack Dorsey has stepped down from his role as CE .and is passing the reins to the company’s chief technology officer.
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11/30/2021 • 5 minutes, 51 seconds
Channels 7 & 9 BOTH claim victory for 2021 | Omicron causes havoc in Australia and beyond | Pokemon Go maker now worth $9B
Channel 7 and Channel 9 have both claimed victory in the 2021 TV ratings battle... and they’re both right depending on which way you look at it.
The new covid variant, Omicron, has caused major sell-offs in share markets - in Australia and around the world - as investors panic.
The augmented reality platform that developed Pokemon Go, Niantic, is now valued at US$9 billion (and is obviously now a ‘metaverse’ company).
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11/29/2021 • 5 minutes, 49 seconds
QSuper sued by its own members | Nike has created Nikeland | Zoom shares tank 15% despite good numbers
QSuper has been sued by its members in a class action because members believe they were overcharged for life insurance fees.
Nike has created its own virtual world named Nikeland inside the online video game platform Roblox.
Zoom’s share price tanked 15% last week - even though the company reported better-than-expected earnings.
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11/28/2021 • 5 minutes, 40 seconds
Aussie superfund enters crypto | $80M: Adairs buys Focus on Furniture | Tinder owner gets into physical matchmaking
Homewares retailer Adairs has acquired Focus on Furniture for $80 million in a play to expand into the furniture and bedding industry.
Rest Super has become the first super fund to announce it will invest a portion of its funds in crypto assets.
Tinder’s owner, Match Group, will expand beyond the digital dating world into the physical world by introducing human matchmakers to its service.
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11/25/2021 • 5 minutes, 38 seconds
Vodafone goes head to head with NBN | Tracking app Life360 acquires Tile | Spotify and Netflix is a match made in heaven
Vodafone is trying to compete head on with NBN by cutting prices on its 4G and 5G internet plans.
Life360, a family tracking app has acquired key and wallet finder app Tile for nearly $300m.
Spotify is partnering with Netflix to create a ‘Netflix Hub’ to help listeners browse soundtracks from Netflix shows.
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11/24/2021 • 5 minutes, 54 seconds
Netflix & co are suing Aussie telcos | Twitter dives into livestream e-commerce | Silicon Valley's highest-profile fraud case
Aussie telcos, including Telstra, Optus and TPG are in the firing line after streaming giants and film studios are suing them over piracy concerns.
Twitter is getting into the e-commerce game by launching a livestream shopping event, with a US department store.
The former CEO of market-darling Theranos has hit the courts, in the highest-profile fraud case to come out of Silicon Valley.
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11/23/2021 • 5 minutes, 59 seconds
Superfunds could be insolvent from January | Crown wants to up $8B offer from bidder | Nvidia $9.8B quarter and the 'omniverse'
Several industry superfunds could become insolvent from January, thanks to a new law that stops them from using members’ cash to pay fines.
Crown Resorts could open its books to private equity behemoth Blackstone, in the hope it will convince Blackstone to up its latest $8.46 billion bid for the company.
Graphics company Nvidia has announced another quarter of record sales ($9.8B) following unparalleled demand for videogaming, data centers and the ‘omniverse’.
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11/22/2021 • 5 minutes, 57 seconds
Optus wins EPL rights in blind auction | Apple going hard against Tesla | Crypto.com pays BIG for Staples Centre name
Optus has won the rights to be the exclusive broadcaster of English Premier League football for the next six seasons, winning a ‘blind auction’.
Apple is ramping up its electric car plans and is refocusing the project around full self-driving capabilities - aiming to become the no.1 player in the industry.
Staples Centre, the Iconic Los Angeles sports arena, will rebrand to Crypto.com Arena after the crypto exchange bought naming rights for a rumoured US$700M.
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11/21/2021 • 5 minutes, 55 seconds
CommBank's biggest share price drop in yonks | Nestle gets aggressive online | Crypto fans bid for legit US Constitution
CommBank shares had their biggest single-day drop since March 2020 earlier this week, as investors worry about competition in the mortgage space and the record low cash rate.
Nestle expects to almost double e-commerce sales to 25% of total company sales by 2025 - by pushing sales to consumers directly via its own online channel.
Crypto fans are uniting to spend millions of dollars worth of crypto to bid for an original copy of the US Constitution.
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11/18/2021 • 5 minutes, 51 seconds
$500M: Macquarie to shake up Aussie property with 'build to rent' | Dua Lipa's Warner Music revenue up 22% - thanks TikTok | 'Mattress in a box' giant going private just 2 years after splashy IPO
Aussie bank Macquarie wants to shake up Australia’s property market by spending $500m on new ‘build-to-rent’ complexes around Australia.
Revenue at Warner Music, the record label of Dua Lipa and Ed Sheeran, has increased by 22% thanks to TikTok and fitness platform Peloton.
Casper, the OG ‘mattress in a box’ retailer, is going private again - less than 2 years after they went public via a big splashy IPO.
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11/17/2021 • 5 minutes, 56 seconds
Telstra fights energy retailers | $80M for Aussie e-bike startup | Disney's ESPN considering sports betting
Telstra is fighting back against energy retailers that sell internet and telco services, stating it will begin selling energy and gas to Aussies by June 2022.
Zoomo, the Aussie startup that builds e-bikes and offers subscriptions to gig workers and couriers, wants to be the next big electric vehicle company after raising US$60 million.
Disney, which owns sports network ESPN, is considering entering sports betting to boost its entertainment business as its Disney+ streaming numbers start to slow down.
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11/16/2021 • 5 minutes, 54 seconds
Volkswagen's $125M appeal thrown out by Australia | Taylor Swift is flipping the music industry | Beyond Meat nears saturation point
The High Court of Australia has refused to hear Volkswagen’s appeal against the record A$125 million fine imposed on it after deceiving customers about the environmental performance of its cars.
Taylor Swift has re-released her 2012 album Red, and as a result the balance of power between record labels and musicians could be starting to shift.
Beyond Meat has admitted that demand for its products is slowing at restaurants and supermarkets, indicating the industry could be approaching its saturation point.
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11/15/2021 • 5 minutes, 58 seconds
Victoria Secret sued by Kayla's Sweat | De'longhi launches luxury coffee lounge | Amazon's ginormous cashless supermarket
Victoria’s Secret has been sued by the company that owns Kayla Itsines’ Sweat, for allegedly copying its trademark.
Coffee brand De’longhi Australia has gone direct-to-consumer with its first ever luxury coffee lounge.
Amazon has opened a 35,000 square foot supermarket with no cash registers - suggesting the company is serious about dominating the grocery market.
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11/14/2021 • 5 minutes, 36 seconds
Aussies remain in dud superfunds | GetSwift misled to ASX | 2021's biggest IPO is here
Just 7% of Aussies who found out they were in a dud superannuation fund actually did something about it, according to a new report from APRA.
Aussie logistics company GetSwift has been found to have made misleading statements on their sharemarket updates.
Electric vehicle maker Rivian Automotive has had the world’s biggest IPO for 2021.
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11/11/2021 • 5 minutes, 59 seconds
Aussie property prices cooling down | GE breaking up with... itself x3 | Social media comments management worth $1B+
Auction clearance rates have declined over the last few weeks across Australia, meaning the property market could be cooling down.
Global giant GE will break itself into three companies - focused on aviation, healthcare and energy - following years of company underperformance.
OpenWeb, a platform used by publishers to manage social media comments, has become a $1B unicorn - as publishers realise the importance of relationships with their communities.
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11/10/2021 • 5 minutes, 57 seconds
Amazon Prime Video Australia's all-in-one video service | Travis Scott concert hurts Live Nation | Supreme, Tiffany collab one for the ages
Amazon Prime Video’s Australian arm has announced plans to aggregate rival on-demand video and streaming services in one spot.
Entertainment company Live Nation has seen its shares drop by nearly 10% following Travis Scott’s Astroworld concert.
The unique collab between Tiffany and Supreme launches this week, and it is expected to boost brand awareness for both companies.
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11/9/2021 • 5 minutes, 48 seconds
Aussie plant-based food heads to China | IKEA launching second-hand marketplace in Aus | Nike's metaverse moment is here already?
Aussie plant-based food maker v2food is rolling out plant-based food in China with new culturally-relevant meals.
IKEA is set to launch a second-hand marketplace for Aussies to buy pre-loved furniture in early 2022.
Nike has gone on a trademark spree, a signal that the company could be preparing to sell virtual footwear in the metaverse.
---
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11/8/2021 • 5 minutes, 22 seconds
Crypto ETF's are live and boomin | Eco friendly footwear company Allbirds soars on share market debut | Chanel hikes prices and gives us major FOMO
An Aussie crypto ETF launched on the ASX and became the largest traded ETF on opening day.
Eco friendly footwear and clothing company Allbirds listed on the share market and saw shares soar by almost 93% on its first day of trading.
Luxury goods company Chanel is hiking its prices on some of its most popular stock ahead of the Christmas period.
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11/7/2021 • 5 minutes, 56 seconds
Booktopia wants recurring book readers | Microsoft enters the metaverse arena | BMW has bittersweet news
Online bookshop Booktopia has launched an eBook subscription service to capture more recurring book readers and recurring revenue.
Microsoft is entering the Metaverse with new 3D Avatars for your next Teams meeting
Bittersweet news from BMW who reported better-than-expected quarterly earnings...but their car deliveries have dropped off.
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11/4/2021 • 5 minutes, 50 seconds
CommBank & crypto sitting in a tree | Zoom to make you watch ads | Estee Lauder's make-up boom post lockdown
CommBank will let its customers hold and use bitcoin via its app to attract to young customers and keep up with PayPal and Square.
Zoom is introducing a pilot advertising program that will show ads to users on its “Basic” free tier.
Estée Lauder sales have increased by almost $1B (USD) as consumers return to physical stores in search of that post-pandemic glow.
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11/3/2021 • 5 minutes, 49 seconds
Betty's Burgers dominates burger land | Gym classes in the sky with Peloton | Epic's Fortnite shuts down in China
Following a pivot during covid, Betty’s Burgers has sees sales rise big time, proving to be a winner for its owner Retail Zoo, which also owns Boost Juice.
At-home exercise company Peloton is bringing gym classes to airplane flights through a new partnership.
Epic Games is shutting down its efforts to bring highly popular video game Fortnite to the Chinese market following continued regulatory scrutiny.
---
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11/2/2021 • 5 minutes, 58 seconds
David Jones' first profit in years, but why? | $132M: Channel 7 owner buys big | SurveyMonkey bought for over $5B
David Jones has achieved its first net profit since 2018 - breaking a three-year streak of losses, partially thanks to JobKeeper.
Channel 7 owner Seven West Media has finally acquired regional broadcaster Prime Media for $132 million, 2 years after Seven first tried to buy Prime.
The parent company of popular survey tool SurveyMonkey has been acquired for around $4.13 billion (US) by Zendesk.
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11/1/2021 • 6 minutes, 4 seconds
Coke ends beer, cider in Aus | Facebook rebrands after backlash | Shell struggles to transition
Coke is ending its cider and beer brands in Australia as the company’s new owner sets a fresh strategy.
After sustained backlash against its brand, the corporate entity behind Facebook (and Instagram and WhatsApp) has a new name - Meta.
Oil giant Shell missed its expected profit numbers for the last 3 months, as the company battles to transition towards renewable energy.
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10/31/2021 • 5 minutes, 40 seconds
Coles: You'll spend big this xmas | Click Frenzy, shopping centre group unite | LinkedIn launches rival to UpWork, Fiverr
Coles is predicting that Aussies will spend up big this Christmas in a post lockdown spending spree.
Aussie shopping centre company Vicinity has taken a near 20% stake in the owner of Click Frenzy, as the two companies unite to make the most of their appeal to consumers.
LinkedIn has launched a global freelance platform to compete with UpWork and Fiverr.
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10/28/2021 • 5 minutes, 56 seconds
Commbank's Dollarmites = gone | Kim Kardashian + Fendi shape up | Adobe's social media truth tool
Commbank’s Dollarmites program, which turned students into bank customers, has been cut by the bank, following pressure from state governments and ASIC.
Kim Kardashian-West’s shapewear line Skims is collaborating with luxury fashion brand Fendi to launch a new women’s collection.
Adobe has launched a new tool to help social media users identify whether an image has been manipulated or not.
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10/27/2021 • 5 minutes, 46 seconds
Under 30s flee from Facebook | New shopping app from Stylerunner founders | Amazon founder to house humans in space
Facebook will make big changes and focus more on Reels to make Facebook and Instagram more appealing to users aged 18-29.
The co-founder of online retailer Stylerunner is launching a new women’s shopping app to disrupt the digital coupon industry
Amazon founder Jeff Bezos’ Blue Origin wants to launch a space station that will house up to 10 people in the second half of this decade.
---
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10/26/2021 • 5 minutes, 59 seconds
$100m: ANZ bids for Cashrewards | Marley Spoon doing pets now | Donald Trump investor up 400%
ANZ Bank is betting against buy now, pay later with its $100m bid to acquire cash back company Cashrewards.
Marley Spoon is expanding into pet food delivery to cater for the big number of families that bought pets during the pandemic.
Following news it would help launch Donald Trump’s new social media platform, a ‘special purpose acquisition company’ (SPAC) saw its shares rise 400% last week.
---
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10/25/2021 • 5 minutes, 59 seconds
Supermarket giants roll out vax mandates | FIFA, EA Games break up lucrative partnership | Snapchat share price struggles as Apple bites
Woolworths, Coles and Aldi are rolling out vaccine mandates to protect shoppers and staff from COVID-19.
EA Games and FIFA are ending their 3-decade-long relationship, which has produced some of the most profitable video games ever.
Snapchat’s shares fell nearly 25% last week after it acknowledged its ad business “was disrupted” by changes to Apple’s latest privacy terms changes.
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10/24/2021 • 5 minutes, 52 seconds
Rivals cut CBA's lunch | Pinterest could be bought by PayPal | Nestle's price hikes make the company happy
CommBank is rolling out new payments terminals as it ramps up its fight against newer financial technology companies that have cut its lunch.
Paypal is exploring an acquisition of social media company Pinterest for nearly $52 billion.
Nestle has exceeded its own expectations for the last 3 months, after increasing prices by 2% for some of its top brands.
---
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10/21/2021 • 5 minutes, 56 seconds
Flight Centre ready to pounce $$ | Netflix adds 4.4m, thanks Squid Game | $3.3B: Johnson & Johnson expect big vax sales
Flight Centre thinks it can get back to monthly profits this financial year, as the travel industry gets ready to swing back into action.
Netflix has added 4.4 million subscribers, and has praised Squid Game for its much needed growth.
Global pharmaceutical company Johnson & Johnson is expecting $3.3 billion of vaccine sales this year.
---
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10/20/2021 • 5 minutes, 52 seconds
$650M: Mercedes-Benz in court action in Aus | Aussie startup sells for $205m | LinkedIn shut down in China
Mercedes-Benz will defend a $650m Federal Court action launched by a majority of its Australian dealerships.
A four-year-old supermarket advertising startup, founded by a former AFL player, has been acquired for $205m by a French multinational.
Microsoft is shutting down LinkedIn in China as internet censorship increases in the country.
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10/19/2021 • 5 minutes, 48 seconds
Aussie pokies machine maker bids $3.9B | Saks Fifth Ave ecomm IPO worth over $8B? | Afterpay-owner Square wants to build bitcoin mining system
Aussie pokies machine maker Aristocrat Leisure wants to expand its market dominance and has made a $3.9B bid for a UK online gambling and content supplier.
The ecommerce division of Saks Fifth Avenue is preparing for its IPO - and it could value the company at over $8B.
Square, the new owner of Afterpay, is looking to build its own bitcoin mining system.
---
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10/18/2021 • 5 minutes, 44 seconds
Qantas receives $802m from sale | DoorDash turns on ads | $60m: Body Fit sells IP
Qantas will receive $802m from the sale of land next to Sydney Airport, making it one of the big winners from Australia’s industrial property boom.
DoorDash is introducing search-page ads for restaurants, as food-delivery apps move deeper into advertising to boost revenue.
Aussie gym company Body Fit Training has sold its IP for $60m to Xponential Fitness as it plans to beef up its US presence.
---
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10/17/2021 • 5 minutes, 52 seconds
Climate-loving investors could dump Australia | Mindbody buys ClassPass | The Masked Singer's NFT from Fox
The RBA has warned that climate-conscious investors could “divest” from Australia, as financial markets go green.
Mindbody has acquired ClassPass and it looks like it could be a partnership made in business-heaven.
TV network Fox is stepping outside of its comfort zone and is trying to build a Masked Singer NFT community.
---
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10/14/2021 • 5 minutes, 50 seconds
You could use QR codes to pay at Coles, Woolies | Seven Network wins Commonwealth Games | Canva expands into video
QR codes could soon become a common way to pay, with Coles and Woolworths supporting a new QR payments platform developed by eftpos.
To attract premium advertisers, TV network Seven has signed a deal to broadcast the Commonwealth Games in the UK next year.
Canva wants to make design accessible to everyone and is now expanding into video editing.
---
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10/13/2021 • 5 minutes, 38 seconds
Australia's new way to fly cheap | ASOS having some serious pain | New tech centre: Texas poaching from California
A new budget airline named Bonza will launch in Australia in early 2022 to compete with Jetstar and Virgin.
ASOS’ CEO has stepped down following an announcement that profit will take a hit due to supply-chain issues and returns.
Texas is getting closer to becoming the world’s new home for tech companies, as Tesla announces that it is moving its HQ to Austin.
---
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10/12/2021 • 5 minutes, 37 seconds
Aussie casino in hot hot hot water | Pinterest fighting back against enemies | Nike is Gen Z's boo
Aussie gambling company Star Entertainment Group is in the spotlight after allegations it facilitated ‘money laundering’.
Pinterest wants to reclaim e-commerce marketshare from rival social platforms and has rolled out new major features to entice shoppers and advertisers to its platform.
Nike has demonstrated it is capable of appealing to all age groups after being recognised as the number 1 footwear and apparel brand for Gen Z.
---
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10/11/2021 • 6 minutes
Amazon smart fridge can order you replacements | Foxtel to sell smart TVs | Ireland drops ultra low tax rate
Amazon is reportedly working on a smart fridge that can monitor items and help you order replacements if you’re running low on something.
After 18 years Ireland has dropped its 12.5% tax rate, which attracted companies like Google and Facebook to locate their European HQs there.
Foxtel is planning to sell smart TVs over the next few years in a move that could mark the beginning of the end for its traditional set-top box.
---
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10/10/2021 • 5 minutes, 57 seconds
Westfield takes on retailers | Coles ends butcher service | Google, local mall to deliver goods via drone
Westfield has launched a click and collect service that removes the need for shoppers to buy items through individual stores.
Coles is ending its in-store butcher service this weekend, and from Monday will only offer pre-packaged meat.
Google and Aussie shopping centre giant Vicinity Centres have partnered to deliver goods to homes and businesses via drone.
---
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10/7/2021 • 5 minutes, 51 seconds
Our home loan pain could get worse | A2 Milk sued by own investors | Pepsi lifting prices big time
To cool the housing market, APRA will force banks to be more conservative when assessing how much new customers can borrow.
A2 Milk has been hit with a class action lawsuit by investors who have been disappointed by the poor performance of the company’s share price.
Pepsi has been raising its drink prices, and the company says more price hikes could be on the way to offset increases in its own production costs.
---
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10/6/2021 • 6 minutes, 2 seconds
Qantas, Emirates want new pricing deal | Instagram, Facebook's global outage | Tesla hits record while competitors struggle
Qantas and Emirates are applying for a five-year extension to the agreement that allows them to coordinate pricing and schedules.
Facebook and its Instagram and WhatsApp platforms have suffered a worldwide outage that lasted more than six hours.
As major car makers struggle to produce cars due to supply shortages, Tesla has delivered a record number of cars.
---
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10/5/2021 • 5 minutes, 43 seconds
Pandora Papers hit Australia | $1m for you if you vax | $103m Nick Scali buys rival
World leaders, celebrities and billionaires have been caught up in the largest leak of offshore accounts in history - and around 400 Aussies are involved too.
Aussies who are fully vaccinated have the chance to win a $1 million prize - it’s all part of a new lottery created by a group philanthropists.
Aussie furniture retailer Nick Scali will almost double its size after it announcing it will buy competitor Plush for $103m.
---
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10/4/2021 • 5 minutes, 58 seconds
Kikki.K could be saved from ruin | TikTok partners with Aussie startup | Sony's PlayStation acquires everyone to stop Netflix
Kikki.K could be saved from being wound up (for a second time) after receiving potential acquisition offers.
TikTok has partnered with Aussie fintech Immutable to let fans trade online videos as NFTs (non-fungible tokens).
As Netflix buys its first video game studio, Sony’s PlayStation is on a spending spree - acquiring almost every studio in can.
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10/3/2021 • 5 minutes, 56 seconds
$20M? Junkee Media up for sale | Oct 8: US govt to run out of money! | Coffee price up 21% this year
Junkee Media, the Aussie youth publisher, is up for sale and could be acquired by the owner of Rolling Stone and Variety magazines.
The US government will run out of money by October 18, according to the US Treasury.
The “world price of coffee” has increased 21.6% this year, meaning coffee drinkers could soon be paying even more for a cup.
---
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9/30/2021 • 5 minutes, 44 seconds
The Iconic's world first | Google smashed by ACCC | Lego doubles earnings thanks to flowers & Star Wars
The Iconic will let customers opt in to reselling their purchases... the second they’ve actually purchased them.
Google’s advertising business creates conflicts of interest that harm businesses and consumers - according to a new ACCC report.
Lego doubled its earnings in the first six months of the year as customers flocked to its reopened stores to buy Star Wars building sets and plastic flower bouquets.
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9/29/2021 • 5 minutes, 57 seconds
Woolies takes on Amazon with Everyday Market | Insta cuts its kids app | China makes crypto illegal
Woolworths is launching an online marketplace that will rival Amazon and eBay for sales of everything from lego to cat food.
Instagram has paused its plans to develop a version of its platform for children under 13 after receiving backlash from critics.
China has now made it illegal to buy, sell and mine crypto as the country strives to maintain control of its currency.
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9/28/2021 • 5 minutes, 52 seconds
Hungry Jack's takes on KFC | Nike's future pain | Amazon to launch department store?
Hungry Jack’s is going all in on Australia’s fried chicken wars, and is adding new burgers to its menu to fight KFC.
Nike profits are up 23% but major supply chain issues are forcing the company to slash forecasted revenue for this year.
Amazon is reportedly planning to open department stores with high-tech dressing rooms and its own apparel brands.
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9/27/2021 • 5 minutes, 50 seconds
$139M for Sportsbet ads | Rolex playing hard to get | EU causing Apple charger headaches
Gambling giant Sportsbet is one of the top 5 advertisers in Australia, spending $139 million on ads and sponsorships last year.
Luxury watch maker Rolex says the scarcity of its products isn’t a marketing strategy (even though it’s never been more expensive to buy their products).
The EU has revealed plans to standardise phone and laptop charging cords, which could see a major drop in revenue for Apple.
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9/26/2021 • 5 minutes, 56 seconds
Your deliveries are on hold: StarTrack | Netflix buys Matilda, Charlie & Choc Factory | Robinhood taking on Coinbase in juicy market
Delivery workers from Australia Post subsidiary StarTrack walked off the job yesterday, threatening disruptions to parcel deliveries nationwide.
Netflix has bought the Roald Dahl Story Company - giving it exclusive rights to stories like Matilda and Charlie and the Chocolate Factory.
Share trading app Robinhood will begin testing a crypto wallet as it ventures into Coinbase’s lucrative territory.
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9/23/2021 • 5 minutes, 53 seconds
Kathmandu's money pain hurts | Afterpay turns your payments into credit | Chinese giant's collapse could hurt Aus hard
The financial pain is set to continue at Kathmandu as lockdowns hurt sales and supply chain issues cause stock shortages.
To attract more users to its Money app, Afterpay is going to let customers retrospectively turn purchases into buy now, pay later transactions.
The collapse of major Chinese property developer Evergrande could send shockwaves through the Aussie and global economies.
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9/22/2021 • 5 minutes, 52 seconds
Culture Kings, Princess Polly owner set for billion dollar IPO | $4B for Aussie startup Airwallex | Microsoft on $60B shopping spree
The company that owns Culture Kings and Princess Polly could be headed for a billion-dollar payday as it plans an IPO.
2021 is shaping up to be a cracker year for Aussie tech companies as payments company Airwallex hits a US$4 billion valuation.
Microsoft is going on a major shopping spree - on itself - and will spend US$60 billion to buy back its own shares.
---
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9/21/2021 • 5 minutes, 47 seconds
$100 billion for Atlassian | Myer swings from chunky loss to slim win | WhatsApp to launch new Yellow Pages
The valuation of Aussie tech unicorn Atlassian has surpassed the US$100 billion mark.
Department store Myer has turned around a $172 million loss from last year into a $46 million profit this year.
WhatsApp is going back to the future by launching an in-app Yellow Pages-style business directory.
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9/20/2021 • 5 minutes, 55 seconds
Commbank pleads guilty to criminal charges | $320M not enough for Bondi Sands | Crocs expects $5B thanks to Bieber and co
CommBank is pleading guilty to criminal charges over its junk insurance products.
Bondi Sands has decided against selling the company, as the believe reckon it’s better off in their own hands - despite a $320M valuation.
Crocs is expecting more than US$5 billion in revenue by 2026, thanks to some major collabs with celebs.
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9/19/2021 • 6 minutes, 2 seconds
$40M+ for Who Gives A Crap | TMZ sold to Fox for $50M | Flo takes $50M for fertility
Who Gives A Crap, the eco-friendly toilet paper maker, has raised $41.5M from big name investors, including the founder of Atlassian.
Online tabloid TMZ has been sold to Fox Entertainment in a deal worth around US$50M.
Flo, an app that offers female fertility tracking, has raised US$50 million as women’s health tech booms.
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9/16/2021 • 5 minutes, 49 seconds
Aussie startup Canva = 5th most valuable on earth | LinkedIn offering you $25M | Zip wants in on crypto
Aussie design startup Canva has doubled its valuation to US$40 billion, making it the fifth most valuable startup in the world.
Zip, the Aussie buy now, pay later giant, wants to add another element to its payments toolbox - crypto.
To attract content creators, LinkedIn has launched a US$25M fund to pay creators and boost their content.
---
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9/15/2021 • 5 minutes, 53 seconds
Maccas Aus in naughty corner | China forces big tech breakup | Amazon to snatch merchants from PayPal, Square
McDonald’s Australia has been found to have broken advertising rules, after a local radio host posted an Insta pic.
China is breaking up the nation’s largest finance app, Alipay, and will force the company to turn over user data to a new joint venture partly owned by China.
Amazon is working on a new point-of-sale system to snatch merchants from Shopify, Square, and PayPal.
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9/14/2021 • 5 minutes, 58 seconds
Disney's backflip on cinemas | CBA sued by Colombian crew | Apple can't stop us now (for payments)
In quite a backflip, the rest of Disney’s 2021 film releases will get exclusive runs in cinemas before they appear on streaming.
CommBank is being sued by a Colombian-Australian crypto group over a scam warning that the bank sent to its customers.
A judge has ruled that Apple can’t stop app makers from adding links for alternative payments.
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9/13/2021 • 5 minutes, 48 seconds
$300M+ for Stone & Wood | Media now responsible for your comments | Facebook, Ray Ban release smart sunnies
Beer giant Lion has bought Byron Bay craft brewer Stone & Wood in a deal reportedly worth upwards of $300 million.
The High Court has ruled that media companies can be held responsible for comments readers leave on their social media pages.
Facebook and Ray Ban have released their new ‘smart glasses’ which let you take photos and video hands-free.
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9/12/2021 • 5 minutes, 57 seconds
Uber tells Aus to ditch fuel tax | Microsoft one-ups rivals with news | Coinbase wants to be a lender
Uber says Australia needs to move away from fuel taxes in order to increase the uptake of electric vehicles.
Just like its rivals Apple, Facebook and Google, Microsoft is launching a personalised news service.
Crypto platform Coinbase wants to get into lending, but the company says it could be sued by regulators if it does.
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9/9/2021 • 5 minutes, 37 seconds
Aussie startup bought by Microsoft | El Salvador first country to accept bitcoin | Facebook ready for most ambitious project in years
Global software giant Microsoft is buying Aussie video editing startup Clipchamp for an undisclosed amount.
El Salvador has officially become the first country in the world to accept Bitcoin as legal tender.
Facebook thinks it’s finally ready to launch its most ambitious product in years - a digital wallet.
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9/8/2021 • 5 minutes, 50 seconds
Foxtel's 'ultimate streaming machine' | Mercedes = electric by 2022 | PayPal to launch trading platform?
Foxtel has launched a new set top box that it is calling the 'ultimate streaming machine'.
Mercedes Benz has revealed its new electric vehicles as it plans to electrify its entire car lineup by 2022.
Payments giant PayPal has signalled it may launch a share trading platform to rival Robinhood.
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9/7/2021 • 5 minutes, 55 seconds
Qantas frequent flyer down 30% | Aussie med-tech accused by NYU of rip off | Allbirds announces 'first sustainable IPO'
Qantas Loyalty, which sells frequent flyer points to banks and retailers, has seen earnings drop 30% thanks to covid.
New York University (aka NYU) is accusing Aussie med-tech company ResMed of ripping off its sleep apnea product.
Allbirds, the Kiwi shoe and clothing company, is describing its upcoming IPO as the ‘first sustainable public equity offering’.
---
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9/6/2021 • 5 minutes, 59 seconds
Even the RBA is now into crypto | Apple turning wallets into history | Mastercard wants your banking data
The Reserve Bank of Australia is dipping its toes into the crypto world by testing out digital currencies - specifically for international payments.
Apple wants to turn our wallets into a thing of the past - after announcing its new virtual driver’s licence capability.
Global payments giant Mastercard has announced it wants a slice of Australia’s brand new ‘open banking’ market.
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9/5/2021 • 5 minutes, 57 seconds
The fight is on: BHP v Andrew Forrest | Apple now a fertility planner | Telstra joins the vax party
BHP and mining giant Andrew Forrest are locked in a battle royale to acquire a Canadian nickel miner.
Apple is ramping up its health-tech game with new Apple Watch features that help with blood pressure and fertility planning.
Telstra has joined the vax party and is dishing out rewards to fully vaccinated Telstra customers.
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9/2/2021 • 5 minutes, 52 seconds
Pfizer = earth's no.15 brand | Coke Aus enters alcohol game for first time | Simone Biles unleashes her NFTs
The ‘brand strength’ of Pfizer has jumped more than 15 places to no. 30 in the latest global brand strength survey.
Coca-Cola Australia is joining the hard-seltzer train with its first ever alcoholic drink: Topo Chico.
To diversify her income and connect with fans, gymnastics star Simone Biles has released an NFT collection on Tom Brady’s NFT platform.
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9/1/2021 • 5 minutes, 56 seconds
Webjet's pivot to profit | Spotify buys podcasts, Apple buys classical music | Aussie BNPL grows as the industry goes bananas for mergers
Webjet expects to be ‘cash flow positive’ in 2022 thanks to its post-COVID strategy, WebBeds, an intermediary between hotels and travel agents.
While Spotify buys cultural podcast brands like Joe Rogan and The Ringer, Apple has bought a classical music streaming service.
Splitit, another local buy now pay later company, has seen its merchant sales increase 94% - as the BNPL industry goes merger crazy.
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8/31/2021 • 5 minutes, 58 seconds
Adore Beauty's first profit everrr | Crown loses $261M | TikTok = Facebook, Snap follower now
Adore Beauty has achieved its first profit - in its first year as a public company - following a big 12 months of lockdown-inspired sales.
Crown Resorts, the $6.3 billion Aussie casino operator, has lost $261 million after COVID forced its venues to shut.
TikTok is following Facebook and Snap by building its own ‘augmented reality’ platform, as the AR ad industry gets set to balloon to $11B by 2024.
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8/30/2021 • 5 minutes, 58 seconds
$89M for Zoe Foster-Blake's Go-To Skincare | Peloton struggles post covid | Fortnite has 'A Dream' MLK style
Aussie-owned beauty company BWX is buying in to Zoë Foster-Blake’s Go-To Skincare for $89 million.
At-home fitness company Peloton, which counts many celebs as fans, has reported a surprise drop in customer growth as the world opens up.
Global gaming giant Fortnite has introduced a Martin Luther King experience within the game where users can listen to MLK’s I Have A Dream speech.
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Rules:
Play the Flux daily quiz each day this week
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Complete the 5 business news questions each day
See how you performed against the rest of the Flux family
If you are at the top of the Leaderboard after Friday 3rd September - you'll win brand new set of Airpods.
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8/29/2021 • 5 minutes, 55 seconds
Bonus ep: How the recent changes to Super impact you and your $$$
Hey hey Flux fam and happy Saturday!
A lot has changed in super this year - and it definitely affects you. So, grab a beverage and get ready to enjoy around 7 minutes of pure educational delight.
Oh, and it's all thanks to our friends at CareSuper. They certainly know a thing or two about how to outperform.
https://www.caresuper.com.au/outperform
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8/27/2021 • 7 minutes, 32 seconds
China fails A2 Milk | Woolies gives investors $2B for drinks | Headspace merges to form $3B giant
A2 Milk is on the lookout for new growth opportunities as its (formerly) lucrative Chinese market shrinks.
Woolworths is giving shareholders $2 billion after spinning off its hotel and liquor business Endeavour Group.
Meditation app Headspace and mental health service Ginger are merging together to form Headspace Health.
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8/26/2021 • 5 minutes, 48 seconds
$1.3B: Coles refinances green style | Medibank's profit bonanza | TikTok sticks it to Insta with ecommerce deal
Coles has refinanced $1.3 billion worth of debt with ‘sustainability linked loans’.
Medibank Private has achieved a profit bonanza, largely thanks to its cheaper brand for young Aussies, AHM.
TikTok has announced it is moving into the e-commerce space with a new Shopify partnership.
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8/25/2021 • 5 minutes, 52 seconds
Watch out, BHP's credit score! | $17M: Click Frenzy spends big on NZ | Twitch users blackout against hate
BHP could see its credit rating drop to a record low after its oil & gas business merges with Woodside Petroleum.
The owner of Click Frenzy is buying a NZ-based online marketplace for almost $17M, primarily for its large database.
Users of live-streaming gaming platform Twitch are holding a one-day blackout to raise awareness over hateful practices on the platform.
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8/24/2021 • 6 minutes, 27 seconds
$500M: Another record for Adairs | Microsoft now a hotel company | Aussie company gets $5B buyout offer
Aussie furniture retailer Adairs has achieved another record year of sales - up almost 30% to $500M - thanks to its ‘omni-channel model’.
Microsoft has stepped outside its comfort zone with an investment of around $7 million (AUD) into an Indian hotel chain named Oyo.
Aussie company Spark Infrastructure has agreed to a $5B buyout from private equity firms, as low interest rates drive acquisition activity globally.
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8/23/2021 • 5 minutes, 55 seconds
TPG saves $38M thanks to Vodafone | UniSuper threatens CSL over emissions | Facebook facing existential heat from regs
Aussie telco TPG has saved $38 million as a result of its recent merger with Vodafone.
UniSuper is threatening to divest from Aussie biotech giant CSL unless it makes plans to reach a net-zero emissions target.
Facebook is facing new anti-trust complaints over its ‘buy or bury’ tactics, which have supposedly given the company an illegal monopoly.
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8/22/2021 • 5 minutes, 48 seconds
Aussie wine maker profits despite China tariffs | Tesla under investigation | Origin Energy's $2.3B LOSS
Penfolds-maker Treasury Wine Estates has increased its profits despite massive tariffs from the Chinese government.
Tesla’s so-called ‘autopilot’ technology is under investigation for potentially being misleading after multiple crashes.
Origin Energy has slumped to a $2.3 billion loss thanks to heavy ‘write-downs’ in the value of its assets.
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8/19/2021 • 5 minutes, 52 seconds
Optus to manage your Netflix + Stan | CommBank wants swipe fees | OnlyFans now safe for kids
Optus is entering the subscription game by launching a one-stop-shop for managing subscriptions and memberships.
CommBank is launching a new buy now pay later tool - and it plans to generate significant revenue from related ‘swipe fees’.
OnlyFans, the not-safe-for-work platform, is launching a safe-for-work app in order to get into the good books of Apple and Google.
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8/18/2021 • 5 minutes, 52 seconds
Domain returns JobKeeper after big profits | Breville cracks $1B sales | Virgin founder sells down Galactic to help struggling businesses
Domain, the real estate platform owned by Nine, will pay back its JobKeeper cash after a strong rebound in profits.
Breville has cracked the $1 billion sales mark for the first time - thanks to the DIY coffee movement.
Virgin founder Richard Branson is selling down his ownership in Virgin Galactic to help fund two covid-hit Virgin businesses (airlines and cruises).
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8/17/2021 • 5 minutes, 56 seconds
Up acquired by Bendigo Bank | JB Hi-Fi profits big again - $500m big | Reddit tries to clone TikTok. Weird stuff.
Bendigo Bank has acquired 100% of fast-growing Aussie neobank Up.
JB Hi-Fi profits have jumped 67% to $506 million off the back of more strong demand for consumer goods.
Reddit is the latest platform to roll out short videos in an attempt to steal users from TikTok.
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8/16/2021 • 5 minutes, 49 seconds
Baby Bunting's boom time is here | TikTok protects the kids | Weight Watchers is shrinking
Baby Bunting, Australia’s largest baby goods retailer, has reported a 76% increase in net profits.
TikTok is adding more privacy protections for minors after seeing Chinese regulators crack down on its peers.
Sales at Weight Watchers are shrinking as consumers prioritise overall wellness above their waistlines.
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8/15/2021 • 5 minutes, 24 seconds
Afterpay, Canva heads form local Tech Council | AGL's $2B loss , thanks renewables | Lionel Messi move highlights soccer's inequality
The heads of Afterpay, Canva and Atlassian have formed the Australian Tech Council - to create 1 million tech jobs in Aus.
Aussie energy giant AGL has gone from $1B profit to $2B loss - as the shift to renewables hits their bottom line.
Soccer superstar Lionel Messi’s $235m move from Barcelona to Paris has highlighted the growing inequality in the sport.
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8/12/2021 • 5 minutes, 48 seconds
CBA gives back $10B | Robinhood blows $140M on investor comms | Salesforce gets into streaming
CommBank is giving back $10 billion to its shareholders after a bumper earnings result.
Robinhood is spending $140M on a platform that lets investors communicate with the companies they’ve invested in.
Salesforce is launching its own streaming service - Salesforce+ - as a way to acquire more business customers.
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8/11/2021 • 5 minutes, 30 seconds
CommBank's free ride for retailers | Warren Buffett's $6B bet on himself | NAB buying Citi's Aussie consumer biz for $1.2B
CommBank will let business customers that switch to Klarna pay no merchant fees for six months.
Warren Buffett is betting on himself by buying US$6 billion worth of shares in his own company as profits balloon.
NAB is buying Citi’s Australian consumer banking division for $1.2 billion to grow its share of the credit card market.
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8/10/2021 • 5 minutes, 55 seconds
Netflix Aus offering free skills training | Snapchat Aus partners with Pedestrian, LADbible | Regis Healthcare underpays staff up to $40m
Netflix is partnering with the NSW government and Screenworks to provide free skills training for entry into screen industry careers.
Snap has partnered with six Australian content houses, including Pedestrian.TV and LADbible Aus, to bring new shows to its Discover section.
Australian aged care facility Regis Healthcare has underpaid staff over the last 6 years by between $30m - $40m.
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8/9/2021 • 5 minutes, 33 seconds
Aussie plant-based meat goes global | News Corp's best year since 2013 | Quora all in on content creators
Aussie plant-based meat company V2, which is backed by the founder of Hungry Jack’s, has raised $72M to expand into China and Europe.
News Corp has recorded its best financial year since 2013 - largely thanks to streaming services Kayo Sports and Binge.
Question & answer website Quora has launched a subscription service to make its platform more appealing for creators.
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8/8/2021 • 5 minutes, 45 seconds
Rihanna = billionaire | Rinehart's mine dishes out almost $3B | Sony's PS5 raking it in post covid
Rihanna, the pop sensation and entrepreneur, is officially a billionaire.
Gina Rinehart’s Roy Hill iron ore mine has given almost $3 billion in dividends to shareholders so far this year.
Profits at Sony have increased 26% to $3.4B over the last 3 months, as demand for PS5s continue to grow post lockdowns.
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8/5/2021 • 5 minutes, 39 seconds
Facebook Aus finally launches News | YouTube spends $135M to steal TikTokers | Aus Post ex-CEO gets $1m termination payment
Facebook is finally launching its News section in Australia after spending months cutting deals with local publishers.
YouTube has launched a $135 million fund to entice creators to use its TikTok-replica, Shorts.
The former CEO of Australia Post, Christine Holgate, has received a $1 million termination payment from her ex employer.
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8/4/2021 • 5 minutes, 28 seconds
Square reveals its plans for Afterpay | $1.2B: Reese Witherspoon sells company | 2500: Qantas stands down employees
Jack Dorsey, the CEO of Twitter and and Square, has revealed his plans for Afterpay after buying them for a lazy $39B.
Reese Witherspoon’s media company, Hello Sunshine, has been sold to a group of ex-Disney executives for $1.2 billion.
Qantas has stood down a further 2,500 staff as the Sydney lockdown continues.
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8/3/2021 • 5 minutes, 28 seconds
Afterpay acquired for $39B | Network Ten buying more sport despite $3M loss | Oil giants' big profits as travel resumes
Afterpay will be acquired for $39 billion by payments giant Square - in the biggest acquisition in Aussie history.
Network Ten wants to boost its investment in live sport - despite recording a $3 million loss last year.
Global petrol giants ExxonMobil and Chevron exceeded profit expectations over the last 3 months - as international travel resumes and oil prices rebound.
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8/2/2021 • 5 minutes, 27 seconds
Optus, Uber team up on smartphone delivery | Aussie HR giant now worth $2B | ScarJo sues Disney for Black Widow
Optus is teaming up with ride-sharing giant Uber to deliver mobile phones to consumers’ homes in under an hour.
Australian HR company Culture Amp has raised $100M USD in a new funding round - valuing the company at $1.5B USD.
Movie star Scarlett Johansson is suing Disney for releasing Black Widow on Disney+ at the same time as in cinemas.
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8/1/2021 • 5 minutes, 36 seconds
CBA v Apple: Who is anti-competitive? | Pfizer to earn $45 billion | SoftBank loses $5.4B on Didi disaster
The Commonwealth Bank has called out ApplePay for being anti-competitive on tap-and-go payments.
Vaccine maker Pfizer expects $45 billion in vaccine sales this year.
SoftBank has lost around $5.4 billion on its investment into Chinese ride-hailing app Didi, as regulators continue their crackdown.
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7/29/2021 • 5 minutes, 40 seconds
Aussie startup Spaceship hits $1 billion FUM | Tiffany's aggressive makeover | Duolingo ups its valuation just before IPO
Spaceship, the micro-investing app, is now managing more than $1 billion in investments from nearly 200,000 Aussies.
Tiffany & Co is getting a brand makeover and is aiming to target younger consumers with an aggressive campaign.
Duolingo, the language learning app, has increased the price-per-share target just ahead of its IPO.
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7/28/2021 • 5 minutes, 25 seconds
Cigarette maker wants cigarettes banned | Robinhood changes its tune days before IPO | Aussie startup raises $10m to deliver your meds
Global cigarette maker Philip Morris International wants cigarettes banned in the UK by 2030. Um, what?
Infamous share trading app Robinhood is considering launching retirement accounts as it prepares for its long awaited IPO this week.
Aussie online health clinic Mosh has raised $10m as home delivery becomes routine for over 5 million Aussies.
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7/27/2021 • 5 minutes, 29 seconds
Lorna Jane cops $5m fine for 'anti-virus' claims | Zip: Global > Aus | Volvo IPO?
Lorna Jane has been fined $5 million for claiming certain products prevented covid from spreading.
Aussie buy now pay later company Zip believes the future of its business is offshore - as growth in its local business slows down.
Volvo has achieved record financial results - ahead of where it was at pre pandemic - and as a result is considering an IPO.
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7/26/2021 • 5 minutes, 35 seconds
Coles kills off Little Shop | BHP and Tesla's big deal | Slack swallowed by Salesforce for $27B
Coles is ending its Little Shop plastic toy promotions as it strives to become Australia’s most sustainable supermarket.
Aussie miner BHP has closed a deal with Tesla, the world’s biggest electric car maker, to supply nickel for its batteries.
Salesforce has closed its $27.7 billion USD purchase of Slack - bringing Slack one step closer to its goal of killing email.
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7/25/2021 • 4 minutes, 52 seconds
Brisbane to lose $$ from Olympics | Mecca now a media biz | CBA to fight Telstra for customers
Brisbane can expect economic losses as host of the 2032 summer Olympic and Paralympic Games.
Aussie cosmetics giant Mecca is striving to enter the content and media space with its new podcast.
Commbank is expanding into the telco space after acquiring 25% of an industry upstart - and the bank has plans to offer discounted broadband.
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7/22/2021 • 5 minutes, 36 seconds
Nick Scali hungry to buy | JB's done it again $$$ | BHP could go green with oil exit
Aussie furniture retailer Nick Scali is preparing a bid to buy rival Plush Sofas - as the industry consolidates.
JB Hi-Fi’s profit is expected to rise by around 67% as Aussies continue to spend money on electronics and appliances in lockdowns.
Australia-born mining giant BHP is said to be considering exiting the oil and gas business as investors turn against fossil fuels.
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7/21/2021 • 5 minutes, 35 seconds
Afterpay wants your Money | CNN launching Netflix rival | Toyota backflips on Olympics
Afterpay is launching a new banking app to take on the big banks, and it has its eyes on Gen Z and millennial women.
After two failed attempts at a premium app, CNN is launching a new streaming service named CNN+.
Major Olympic Games sponsor Toyota is refusing to run Games-related TV ads - just days from the big event.
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7/20/2021 • 5 minutes, 35 seconds
11 year high: Aussie loans for investing in shares | Warner Bros partners with everyone for Space Jam | Xiaomi beats Apple as no.2 smartphone maker on earth
The RBA has revealed that borrowing money to buy shares ('margin lending') is at an 11-year high.
Movie-maker Warner Bros has partnered with over 200 big brands to promote its new Space Jam movie.
Chinese tech company Xiaomi has surpassed Apple to become the world’s second-biggest smartphone maker.
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7/19/2021 • 5 minutes, 35 seconds
Aussie digital currency coming soon? | Netflix's big move into gaming | LG's $7B for the environment
The Reserve Bank of Aus is chatting with other central banks about a “central bank digital currency” for everyday use.
Netflix is making its first big move beyond TV and movies, with plans to expand into video games.
LG has invested over $7 billion in batteries and announced it wants to service the entire renewable energy industry.
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7/18/2021 • 5 minutes, 40 seconds
Rejected: Syd Airport says no to $22B offer | FB, Insta to drop $1.3B to keep creators | Levi's kills skinny jeans
Sydney Airport’s board has rejected a $22 billion takeover offer from local and international investors.
Facebook and Instagram will spend $1.3 billion on social media creators in a fight to retain top talent.
Levi’s has capitalised on the death of skinny jeans, with shares up 46% this year.
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7/15/2021 • 5 minutes, 38 seconds
Apple to cut Afterpay's lunch | Aldi steals from Woolies | HelloFresh wants a bite of Youfoodz
Apple is entering the buy now pay later space, whilst PayPal has ditched late fees, adding pressure on Afterpay.
Aldi is developing a new small store format to expand into heavily populated urban locations - just like Woolies.
HelloFresh wants to get into the ready-made meal space and has offered to buy Aussie company Youfoodz for $125 million.
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7/14/2021 • 5 minutes, 16 seconds
Bunnings owner offers $687m for Priceline owner | Telstra tries to win back Aussie trust | Microsoft fighting dem hackers
Wesfarmers, the owner of Bunnings and Officeworks, could be getting into the pharmacy space, offering $687 million to buy the owner of Priceline.
Telstra has launched its first brand campaign since 2016 as it strives to win back trust from the Australian community.
Microsoft will acquire security intelligence company RiskIQ to fight back against the rise of cyber attacks on companies.
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7/13/2021 • 5 minutes, 26 seconds
Westpac loses $290M to fraudster | Glossier = a double unicorn | China blocks $7B Tencent merger
Westpac has lost around $290 million to an Australian fraudster and his company.
Glossier, the makeup brand adored by millennials, has reached a $2.4 billion valuation off the back of a big 2020.
China’s competition regulator is blocking Tencent’s $7B plan to merge China’s top two video game sites.
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7/12/2021 • 5 minutes, 38 seconds
F45's $2 billion moment is here | BMW, Audi caught colluding with others | Visa blasts onto crypto scene
F45, the Aussie-born fitness chain backed by Mark Wahlberg, is finally going public and expects a valuation around $2B.
The European Union has fined BMW, VW, Audi and Porsche for colluding on emission control technology.
Visa has announced itself to the crypto world by striking a partnership with over 50 crypto companies.
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7/11/2021 • 5 minutes, 33 seconds
Myer's board to be flipped by retail king | Chobani's creamy IPO | Wise (nee TransferWise) hits $16 billion
The retail billionaire behind Smiggle and Peter Alexander wants to flip Myer’s board after buying $16.4 million worth of shares in the company.
Chobani, the greek yoghurt maker, has announced its plans for a big fat, creamy IPO - with some expecting a valuation around $13 billion.
Wise, the company formerly known as TransferWise, has been valued at $16 billion on its first day of trading post listing.
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7/8/2021 • 5 minutes, 32 seconds
Foxtel's potentially big IPO | Telstra's $25M in refunds | Uber investor buys Yahoo trademark
Foxtel owners News Corp and Telstra are considering an IPO for the company, as Kayo and Binge grow significantly.
Telstra will pay $25M in refunds to over 50,000 customers after it failed to inform them of slower than promised NBN speeds.
Softbank, known for big investments in WeWork and Uber, has bought a Yahoo trademark license for $2.1 billion.
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7/7/2021 • 5 minutes, 33 seconds
$22B: Sydney Airport for sale | How Zoom will help you shop | TikTok takes on YouTube
A group of Aussie and global investors has proposed to buy Sydney Airport for $22 billion.
Zoom is pioneering video-based commerce and will start helping consumers shop without going into stores.
TikTok is raising the stakes against rival YouTube as the company rolls out longer videos.
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7/6/2021 • 5 minutes, 39 seconds
Aussie share trading app war escalate | China orders Didi app store removal | Aussie insurers preparing for $1.5B post-lockdown hit
Australian share trading app Superhero is adding US shares to its platform as it strives to compete with CommSec.
China has ordered the removal of ride-sharing app Didi from app stores - just days after their IPO.
Life insurers are bracing for a potential $1.5 billion hit after lockdown - as fewer people go to the doctor to get regular check ups.
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7/5/2021 • 5 minutes, 7 seconds
$443M: Racy Aussie brand sold to Playboy owner | Robinhood set to steal from the rich | Bumble opens a restaurant!?
Aussie lingerie brand Honey Birdette has been sold to the owner of Playboy for $443 million.
Share trading app Robinhood has announced its IPO plans one day after copping a record-breaking fine from regulators.
Dating app Bumble is opening a restaurant, as it expands into hospitality and networking.
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7/4/2021 • 5 minutes, 31 seconds
Telstra sells out for $2.8 billion | Insider trading allegations at Aussie company | China's Uber hits $91B after IPO
Telstra has sold half of its mobile phone tower network for $2.8 billion - and it believes the sale won’t impact its strong position in the market.
Aussie tech company Nuix is facing bombshell insider trading allegations as ASIC puts their IPO under the microscope.
Shares in China’s version of Uber, named Didi, have hit $91 billion just after their massive IPO.
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7/1/2021 • 5 minutes, 18 seconds
Aus Post's 10 year deal with CBA, NAB | Facebook launches newsletter platform to fight Twitter, Substack | Musk's Starlink just weeks away
Commonwealth Bank and NAB have extended their lucrative banking deals with Australia Post by a decade.
Facebook has launched an independent publishing/newsletter platform named “Bulletin” to fight Substack and Twitter.
Elon Musk’s Starlink is on track to deliver internet across the globe within weeks (possibly to 500,000 people over the next year).
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6/30/2021 • 5 minutes, 33 seconds
Uber Aus' bright new future | Aus gov to bring in migrants? | Facebook hits $1 trillion
Uber Australia says its new monthly subscription service UberPass will help it build a more stable business over the next few years.
The government is open to bringing in skilled migrants to combat Australia’s slowing economic growth and population.
Facebook’s market value has surpassed $1 trillion for the first time.
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6/29/2021 • 5 minutes, 30 seconds
Facebook rejects The Conversation | Nike hits record high | Panasonic sells $5B Tesla stake
Facebook has rejected talks with Aussie publisher The Conversation, which could test the government’s new media code.
Nike shares surged 15% and hit a record high as a result of a post-lockdown sales boost.
Panasonic, the Japanese electronics giant, has sold its stake in Tesla for $4.7 billion as their relationship cools.
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6/28/2021 • 5 minutes, 26 seconds
Afterpay's new 'shop anywhere' card | Ray-Ban maker could sue $11B potential partner | BuzzFeed going public the weird way
Afterpay will let shoppers ‘shop anywhere’ (not only where Afterpay is offered) when using the company’s new virtual card.
Ray-Ban maker EssilorLuxottica is considering suing the company it planned to buy for $11.3 billion.
BuzzFeed is going public - but not through the traditional IPO path - instead via SPAC, a special-purpose acquisition company.
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6/27/2021 • 5 minutes, 31 seconds
Virgin offering you millions of points to vax | Commbank predicts rate rise pronto | Tinder's first major changes since launch
Virgin Australia is promising millions of frequent flyer points to vaccinated Aussies once borders open.
Commbank predicts interest rates will rise in 2022 - which would have major implications for the Aussie housing market.
Tinder has revealed some of the biggest changes to the app since its 2012 launch - to cater for a more Gen Z userbase.
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6/24/2021 • 5 minutes, 24 seconds
Commbank's $1 billion sale | Twitter finally making money? | Microsoft joins Apple in $2 trillion club
Commbank is continuing to sell ‘non-core’ divisions - and has now sold its home and car insurance arm for around $1 billion.
To fight off competitors, Twitter has opened up applications to test its new features - super follows and ticketed spaces.
Microsoft is now worth US$2 trillion and has joined Apple in the exclusive club.
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6/23/2021 • 5 minutes, 30 seconds
Australia's newest $1 billion 'unicorn' | Disney's big comeback | Bitcoin crashes, thanks China
Go1, the QLD based corporate training marketplace, has become Australia’s latest unicorn - cracking the $1 billion valuation.
After shutting down its game development business in 2016, Disney has made a big comeback in the space this month.
Bitcoin prices continue to slump as China tightens its crackdown on bitcoin mining.
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The Seven Network has claimed it will win the TV ratings this year ahead of rival Nine - for the first time since 2018.
OnlyFans, the content subscription platform with focus on adult content, is raising new funding at valuation over $1.3 billion.
Spotify has launched its rival to Clubhouse - Spotify Greenroom - as it strives to give creators a place to connect with fans.
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6/21/2021 • 5 minutes, 29 seconds
Coles spending $2.5B on new trolley checkouts? | Sky News Aus goes regional | Amazon overtaken at no.1 by Chinese app
Coles will spend $2.5 billion over the next 2 years on a better online shopping experience, plus trolley-sized self serve checkouts.
Sky News Australia will launch a new free-to-air channel that will reach around 7 million regional Australians.
Chinese shopping retailer Shein has overtaken Amazon to become the #1 e-commerce app in the US.
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6/20/2021 • 5 minutes, 1 second
SPECIAL EPISODE: The real Josh Frydenberg - exclusive interview with the Treasurer
What The Flux is Australia's no.1 business news podcast - and thanks to you Flux fam, we've grown our community to over 200,000 Aussies.
Today, we are really excited to share our first exclusive interview. Get to know the real (Treasurer) Josh Frydenberg as we ask him about:
How he felt about “Josh Frydenberg, young and hot” becoming a popular Google search?
His toughest opponent - Pat Rafter or Mark Zuckerberg? (Hint: he also speaks about his net worth..compared to the Zuck)
The impact COVID had on him personally
Learning from setbacks
And plenty plenty pleeenty more
SUBSCRIBE or FOLLOW to stay on top of Australian and global business news (in 5 minutes each weekday). You'll be smarter than your boss in no time.
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What the Flux is the daily podcast from Flux Finance, a popular app making finance digestible for over 200,000 Gen Z and young millennials. The app turns financial education into a game where young Aussies can win weekly prizes for adopting positive financial habits.
Given that 1 in 2 young Australians receive no financial education at school, Flux Finance strives to bridge Australia’s financial literacy deficit by helping young Australians better understand money and make informed financial decisions - with a bit of spice.
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6/18/2021 • 10 minutes, 27 seconds
The next big thing = zero alcohol beer | Sports stars snub Coke, Heineken | Facebook's crypto launch months away
Sales of zero alcohol beer are growing faster than any other segment of the beer industry - even outpacing craft beer.
Two major sports stars have snubbed Heineken and Coca-Cola during press conferences - in what’s been dubbed ‘Bottlegate'.
Facebook has shared that the launch if its cryptocurrency named Diem (formerly known as Libra) is only months away.
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6/17/2021 • 5 minutes, 41 seconds
Aussie UberEats riders: Pay us more! | Eftpos + BPay = monopoly? | G7 give China some of its own medicine
Aussie delivery riders say new safety measures on platforms like UberEats and Deliveroo aren’t enough, and only better pay will improve working conditions.
Eftpos and BPay believe their merger will get approved by regulators, despite concerns it could create a monopoly.
The G7 has established its ‘Build Back Better World’ economic strategy to prevent China’s multi-trillion dollar economic influence plan from succeeding.
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6/16/2021 • 5 minutes, 45 seconds
Aus-UK free (meat) trade deal | Bieber's baby Peloton arrives in Aus | Hyundai, GM serious about flying cars
Australia and the UK have agreed to a new free trade deal, with a focus on working visas and meat exports.
Peloton, the at-home fitness company loved by Justin Bieber and US President Biden, is launching in Australia.
Hyundai and General Motors are pushing ahead with plans to develop flying cars by 2025.
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6/15/2021 • 5 minutes, 39 seconds
Netflix launches MERCH store | Facebook to build a smartwatch | Just Jeans owner to almost double profits
Netflix has launched netflix.shop, an online store where viewers can purchase show merchandise.
Facebook is planning to launch a smartwatch that could rival Apple’s.
Australian retail giant, Premier Investments, which owns Smiggle and Just Jeans, is expecting to nearly double its full-year profits.
---
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6/14/2021 • 5 minutes, 49 seconds
Chinese inflation = bad for Aus | Aussie SMS company sold for billions | Facebook's helping influencers make more money
Chinese inflation just hit its highest level since 2018, which could mean bad news for countries like Australia.
Aussie SMS marketing/tech company, MessageMedia, has been acquired by Swedish rival Sinch for $1.7 billion.
Facebook has revealed new ways for creators (aka influencers) to make MORE money on Instagram, in Facebook’s first ever 'Creator’s week'.
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6/10/2021 • 5 minutes, 38 seconds
PayPal vs Afterpay... it's on | 21 year old Aussie raises $65M for chicken nuggets | Vaping wins for British American Tobacco
Paypal is taking on Afterpay and the big banks by expanding into the physical world - with a brand new credit card.
A 21-year-old Aussie entrepreneur has raised $65 million for his alternative chicken nugget company, Nuggs.
British American Tobacco provided a positive forecast for the rest of 2021 - after a record number of people bought its vaping products.
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6/9/2021 • 5 minutes, 4 seconds
Qantas' secret $50M | Aussie TikTok fam spruiks advice | Apple taking on Zoom at its own game
The NSW Government has secretly offered $50 million in taxpayer dollars to keep Qantas’ headquarters in Sydney.
An Aussie TikTok family has been named and shamed for promoting a new crypto, prompting questions around influencers and financial advice.
Apple is taking on Zoom and Facebook with its latest updates, which include expanded video conferencing.
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6/8/2021 • 5 minutes, 31 seconds
Australia is Twitter's chosen one (of two) | Afterpay recruits Rebel Wilson | G7's landmark anti-big tech deal
Twitter has picked Australia as one of only two countries to launch its new premium subscription service, Twitter Blue.
Afterpay has recruited actress Rebel Wilson for its new global advertising push in order to spice up its brand image.
G7 nations have reached a landmark deal to set a 15% tax rate on multinational companies like Google, Apple and Amazon.
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6/7/2021 • 5 minutes, 40 seconds
Bunnings going 'professional' now | ABC asks gov for $90M | WeWork Aus loses over $100M
Bunnings plans to build a new network of ‘professional’ tool stores and will buy companies that will help it gain market share.
The ABC has asked the government for $90 million to create more children’s and drama content over the next 3 years.
The local arm of co-working giant WeWork has posted a $102 million loss for the 2020 financial year.
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6/6/2021 • 5 minutes, 28 seconds
Woolies takes on big banks | Airtasker off to the US | Etsy hip again with Depop
Woolworths has announced it will challenge the big banks with its own payment service businesses.
Airtasker is expanding to the US and has acquired a similar US-based services marketplace for $3.4 million.
Etsy, the online handmade and vintage items retailer, is buying youth-friendly social shopping app Depop for $2 billion.
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6/3/2021 • 5 minutes, 34 seconds
Qantas, Rex brawl after aggressive ads | RBA cool as a cucumber | Zoom anxious about the future
The fight between Qantas and Rex Airlines has escalated after Rex took out full page ads highlighting the public’s dissatisfaction with Qantas refunds.
The RBA has kept rates on hold at 0.10% and has said further COVID outbreaks will hurt Australia’s economic recovery.
Zoom’s financial performance exceeded expectations for the first 3 months of 2021, but as the world reopens tough times could be ahead.
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6/2/2021 • 5 minutes, 33 seconds
Zara Australia in trouble | Nestle admits it's not 'healthy' | China's 3 child policy = soaring stocks
Zara, the global fashion behemoth, is planning on cutting costs in its Australian business following a tough couple of years.
Nestlé has admitted that over 60% of its traditional packaged consumer food and beverage products are not ‘healthy’.
China’s new three-child policy has sent stocks soaring in China’s baby and maternity industry.
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6/1/2021 • 5 minutes, 28 seconds
Finder to pay staff in bitcoin | Our fashion industry needs help | Netflix wants gov's proposal GONE
Aussie comparison website Finder is now offering to pay its employees 25% of their salary in bitcoin, rather than cash.
The Australian fashion industry makes over $27 billion annually and employs almost 500,000 workers (77% of whom are women), according to a new report from EY.
Netflix wants the government to ditch a proposal that would introduce content production quotas for streaming companies in Aus.
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5/31/2021 • 5 minutes, 32 seconds
Pizza Hut snatches Domino's secret sauce | BTS & Maccas unite for first global meal | Boardroom brawl at ExxonMobil
The owner of Pizza Hut is buying ASX-listed company Dragontail Systems for $94 million, a company that its rival Domino’s relies upon.
McDonald’s has launched its long-awaited meal with K-pop sensation BTS - Maccas’ first celeb collab to launch globally.
A pro-climate change investor will drive a more green agenda at oil giant ExxonMobil after winning board seats and influence.
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5/30/2021 • 5 minutes, 35 seconds
ATO coming for crypto investors | Insta, FB hide all "likes" option | GameStop's new NFT platform
The Australian Tax Office (ATO) has said it is coming after crypto investors at tax time this financial year.
Facebook and Instagram are giving their billions of users the option to hide “likes” on their own posts - and the posts of others.
Meme stock GameStop has announced plans to launch a new platform for non-fungible tokens (NFTs).
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5/27/2021 • 5 minutes, 32 seconds
Chemist Warehouse to launch e-prescriptions | Virgin Galactic closer to 'space tourism' | New York Times hungry to buy
Chemist Warehouse is getting ready to launch a new electronic prescription service - meaning patients can get their prescriptions delivered.
Virgin Galactic has completed its first human spaceflight ever, which means we are one step closer to ‘space tourism’.
The New York Times is looking into the potential acquisition of fast-growing sports media company The Athletic.See omnystudio.com/listener for privacy information.
5/26/2021 • 5 minutes
Commbank's new shopping startup | Zip buys big in Middle East, Europe | Cash lottery for Aussies to vaccinate?
An Australian e-commerce startup - that wants to be the ‘homepage of online shopping’ - has raised $30 million from Commbank (before launching).
Zip Co will invest more than $160 million to buy 100% of two overseas buy now pay later companies - in Europe and the Middle East.
Australia’s chief medical officer won’t rule out a cash lottery or other financial incentives to improve Australia’s vaccination rate.
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5/25/2021 • 5 minutes, 17 seconds
eBay gives away control of its website | Amazon Prime Video expands into live sport | Snapchat all in on glasses
eBay is allowing trusted Australian regulators to directly take down listings from its marketplace where there is a risk to consumer safety.
Amazon Prime Video is expanding into sports broadcasting as it prepares its bid for the FIFA 2023 Women’s World Cup to be hosted in Australia.
Snap, the owner of Snapchat, is going all in on augmented reality glasses with the purchase of WaveOptics for around $650 million.
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5/24/2021 • 5 minutes, 23 seconds
Qantas loses $16 billion | Bonds loves Dusty Martin | TikTok founder 'lacks skills' and steps down
Qantas has announced it has lost over $16 billion in revenue since COVID began.
The owner of Bonds says the company is now worth $500 million - and Richmond AFL star Dustin Martin has helped it succeed in the youth market.
The founder of TikTok owner ByteDance is stepping down as CEO after admitting he lacks skills that make an ideal manager.
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5/23/2021 • 5 minutes, 28 seconds
Klarna v Brexit | Aus gov happy with 'FinTok' | Oatly's $13B IPO
Global buy-now-pay-later giant Klarna has openly said that its IPO hinges on Brexit and the British government's financial services rules.
The Australian government has said it won’t step in to stop social media influencers in the finance space from spruiking financial advice and crypto.
Plant-based milk company Oatly is going public via IPO - seeking a whopping $13B valuation.
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5/20/2021 • 5 minutes, 28 seconds
Deliveroo cops landmark ruling | Coles, Woolies commit to major recycling goal | Amazon Primed for James Bond
In a landmark ruling, Australia’s Fair Work Commission has decided that Deliveroo riders are employees.
Aldi, Coles and Woolies are among many brands to commit to making all plastic packaging reusable, recyclable or compostable by 2025.
Amazon wants to buy the movie studio behind James Bond to enhance Amazon Prime - and the company could spend $11.5 billion.
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5/19/2021 • 5 minutes, 11 seconds
Gucci enters video gaming | Hackers 1, USA 0 | Vegan city: Sukin owner buys Flora & Fauna
The owner of the Sukin vegan skinkear brand is buying ethical retailer Flora & Fauna for around $30 million.
In a first for high-end fashion, Gucci will promote its products and a store-like experience within game maker Roblox’s digital world.
America’s largest pipeline for oil transportation was recently hacked, resulting in the company paying $5 million (USD) ransom to the hackers.
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5/18/2021 • 5 minutes, 55 seconds
Cadbury replacing Qantas at Rugby Aus | HBO owner keen to take on Disney+ | Islamic finance booming in Aus
Cadbury has signed on as Rugby Australia’s new principal sponsor for the Wallabies - replacing Qantas after 30 years.
To take on Netflix and Disney+, the owner of HBO and CNN is exploring a merger with the owner of Animal Planet and The Discovery Channel.
Australia’s Islamic finance market is worth $250 billion - and companies are seeking banking licenses to fill the gap in the market.
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5/17/2021 • 5 minutes, 47 seconds
Telstra gets 2nd biggest fine in history | Aussie winemaker pivoting from China | Uber, WeWork investor breaks Japan record
Telstra has received the second biggest fine in the history of Australian consumer law – for selling mobile phone plans to Indigenous Australians that left them with major debts.
Aussie wine maker Treasury Wine Estates is pivoting from China to the US market and will start prioritising its Penfolds brand.
SoftBank, the company behind investments in Uber, WeWork and Alibaba, has hit a national record for profits in Japan.See omnystudio.com/listener for privacy information.
5/16/2021 • 5 minutes, 54 seconds
Closed borders could cost us $40B | Coke No Sugar on a sugar high | Tesla backflips on bitcoin
Australia’s delay to reopening international borders could cost the economy up to $40 billion according to leading economists.
Australian sales at Coca-Cola Amatil jumped 8% due to strong demand for Coca-Cola No Sugar and Coke’s energy drink brands.
After a whole lot of fanfare, Tesla has backflipped and consumers can no longer buy Tesla vehicles with bitcoin.
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5/13/2021 • 5 minutes, 40 seconds
Federal budget: hey BIG spender | Carsales splurges $787 million | Victoria's Secret up for sale
The government accelerated record spending to help Australia thrive post pandemic in this year’s federal budget.
Carsales is buying a 49% stake in a US car digital marketing company for a monstrous $767 million.
L Brands has given up on trying to find a buyer for Victoria’s Secret - so it is spinning it off to become its own publicly traded company.
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5/12/2021 • 5 minutes, 38 seconds
Crown could merge with rival Star | Seven wants all of Boral | TikTok owner serious about e-commerce pre IPO
Australian casino owner Star Entertainment wants to merge with its former nemesis Crown Resorts in a $12 billion deal.
The owner of Seven West Media has made an $8 billion offer for materials company Boral - which was quickly rejected.
The owner of TikTok, ByteDance, is expanding its e-commerce focus as it prepares for a potential IPO.See omnystudio.com/listener for privacy information.
5/11/2021 • 5 minutes, 42 seconds
Woolies ditching Dan Murphy's, BWS | Clubhouse finally here | Sennheiser says bye bye to consumers
Woolworths has confirmed it will split from its liquor business Endeavour Drinks - the owner of Dan Murphys, BWS and a pokies business.
Clubhouse has launched a version for Android phones, but it could be too late as Facebook and Twitter launch clones.
Sennheiser, the German audio company known for supplying DJs with their pro headphones, is selling its consumer brand.
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5/10/2021 • 5 minutes, 28 seconds
Ten owner launching streaming competition | UberEats devouring UberRides | Estee Lauder skincare cleaning up makeup
The owner of Network Ten will launch a new streaming service named Paramount+ in Australia this August.
UberEats continued to grow in the first 3 months of 2021, while Uber’s rides business continued to struggle.
Estée Lauder has seen skincare sales grow 31% (as makeup sales drop 11%) - suggesting a change in consumer behaviour.
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5/9/2021 • 5 minutes, 19 seconds
ANZ Bank: Australia is dominating post COVID | Nestle enters plant-based MILK | Pandora says bye bye to mined diamonds
ANZ says the Aussie economy is recovering better than expected after COVID - with its profit for the last six months increasing by 126% to $2.9 billion.
Nestlé is getting into the plant-based milk market to compete with Oatly and Chobani.
Pandora, the world’s biggest jewelry maker, will no longer use mined diamonds, and instead is switching to human-made stones produced in laboratories.
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5/6/2021 • 5 minutes, 34 seconds
Aussie airlines at (price) war | Pfizer makes a killing $$$ | Krispy Kreme's sugary IPO
Rex, Qantas and Virgin are fighting it out in an intense price war, as the three airlines try to attract Aussies back into flying again.
Pfizer generated $4.5 billion in revenue over the first three months of 2021 from its COVID vaccine.
Krispy Kreme has filed to go public via an IPO - meaning the company will return to the stock market for the first time in five years after going private.
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5/5/2021 • 5 minutes, 22 seconds
Telstra fined for not letting you change your number | eBay Aus fighting fake sneakers | Aldi raising the green bar against big 2
Telstra has received a fine of over $1.5 million for not letting consumers keep their phone numbers when they tried to switch to other mobile networks.
eBay Australia wants to boost sneakers sales - so the company is launching a program to prove the authenticity of shoes sold on its platform.
Aldi Australia is taking their environmental focus to the next level by setting a target of sending zero food waste to landfills by 2023.
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5/4/2021 • 5 minutes, 37 seconds
Netflix Aus' tiny tax bill | Just Jeans owner finally repays JobKeeper | ASX could soon offer crypto ETF
Netflix Australia only paid around $550,000 in tax in 2020 despite estimates that it earned $1 billion or more.
The Australian retail giant that owns Smiggle, Peter Alexander and Just Jeans, has finally given in to pressure and will repay JobKeeper subsidies.
Australia’s share market could launch Australia’s first crypto Exchange Traded Fund (ETF) by the end of the year.
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5/3/2021 • 5 minutes, 40 seconds
Asahi gets into coffee with Allpress | Nine rebranding CarAdvice, thanks CarSales | Yahoo up for sale
Asahi, the Japanese drinks behemoth, is getting into the coffee game with the purchase of Aussie-Kiwi brand Allpress.
Nine Entertainment is rebranding its CarAdvice brand to avoid confusion with CarSales.
Verizon, the multinational telco/media company, is looking for a buyer for its digital media unit, which includes Yahoo and AOL.
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5/2/2021 • 5 minutes, 19 seconds
Coles: we'll cut prices again to beat Woolies | Bunnings buying Beaumont Tiles | Apple overachieves...AGAIN
Coles has said it will cut prices to stay competitive with Woolworths as Australia’s two giant supermarket chains fight it out for market share.
Bunnings is buying Beaumont Tiles - Australia’s biggest tile retailer.
Apple has announced sales and profits that were way ahead of expectations as consumers keep upgrading iPhones and buy new Macs.
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4/29/2021 • 5 minutes, 18 seconds
JB Hi-Fi loses CEO to retail rival | Spotify's generous podcast play | Hasbro suffering from toy costs
JB Hi-Fi’s CEO is exiting the company to become the CEO of Premier Investments - the owner of Just Jeans, Peter Alexander and Smiggle.
Spotify has launched a new subscription podcast platform that gives creators the ability to make podcasts exclusively for paid subscribers.
Monopoly maker Hasbro will raise the prices of toys and games to counter a rise in raw material costs.
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4/28/2021 • 5 minutes, 33 seconds
Frank Body worth $100M | CBA Dollarmites cut by state govs | Toyota splashes $700M on self-driving
Aussie beauty brand Frank Body has sold part of its company to a Chinese private equity firm - valuing the company around $100 million.
The Commonwealth Bank’s school program Dollarmites is being ditched by the Queensland government - following both ACT & VIC.
Toyota has bought the self-driving car unit of one of the world’s largest ride-sharing apps, Lyft, for over $700 million.
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4/27/2021 • 5 minutes, 17 seconds
Bunnings = YouTube star | Blackmores losing Chinese | Manchester United up for sale
Bunnings’ home renovation videos are leading millions of viewers to its website and YouTube channel - which is driving online sales.
Blackmores, Australia’s biggest vitamins company, believes the $200 million in ‘daigou’ retail sales that have evaporated since COVID will never come back.
Manchester United’s owners would be willing to sell the club for over $7 billion after the European Super League failed spectacularly last week.
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4/26/2021 • 5 minutes, 34 seconds
Woolies doing an Amazon | Kogan's investors exit | Nestle saving the forest
Woolworths is doing an Amazon - the company will launch an online marketplace and will let third parties sell through woolworths.com.au.
Too much stock and slowing sales has impacted Kogan’s performance over the last quarter - and investors have headed for the exits.
Amazon and Nestle have joined forces with several nations in an initiative to save the world’s forests.
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4/25/2021 • 5 minutes, 31 seconds
Netflix down in the dumps | Aus gov rips China from Vic | TikTok going green
Netflix added only 4 million new subscribers in the last 3 months, 2 million less than what it said it would achieve.
The Australian government has ripped up Victoria’s Belt and Road economic agreement with China - because it is contrary to national interest.
TikTok has struck a big deal with ATTN: to create "TikTok for Good” - videos on topics like environmentalism and animal welfare.
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4/22/2021 • 5 minutes, 25 seconds
Target might become online-only | Woolies takes control with $223M | Britain creating own digital currency
Target may become an online-only retailer in the future as its ongoing union with Kmart sees its store numbers drop off.
Woolworths is stepping up its focus on data analytics and has spent $223 million to take control of a big Aussie data science company.
The British government and the Bank of England have set up a team to create a digital currency for Britain (ie. a “Britcoin”).
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4/21/2021 • 5 minutes, 26 seconds
Afterpay to IPO AGAIN (in US) | Facebook afraid of Clubhouse | Soccer's World War
Afterpay is preparing to IPO for a second time - this time in the US - as it strives to raise its profile amongst global investors.
Facebook has announced a range of new audio products - a sign that it’s taking the threat from Clubhouse and others seriously.
Europe’s wealthiest soccer clubs want a better way to monetise their global popularity, so 12 clubs have unveiled a breakaway competition.
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4/20/2021 • 5 minutes, 41 seconds
Google lied to us | Apple Music pays artists more than Spotify | Citibank exits Aus after 36 years
Google illegally misled Australian phone users when it continued to collect location data even after users thought they had turned off location tracking.
Apple Music has revealed how much it pays when you stream a song - and they’re paying up to three times as much as Spotify.
Citibank is leaving the Australian market after 36 years and will sell its consumer banking division.
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Zip is planning a big move into cryptocurrency and stock trading - as it expands beyond just buy now pay later.
Telstra held talks with a Hong-Kong based private equity firm about merging its international division.
As part of the Adidas’ sustainability focus, the company has announced new shoes that will be made from mushroom leather.
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4/18/2021 • 5 minutes, 7 seconds
Coinbase: $145 billion IPO | Michael Hill profits despite lockdowns | Grab super-app in world's biggest SPAC
Coinbase’s valuation reached above $145 billion on day 1 of its IPO - in a landmark moment for the crypto world.
ASX-listed jewellery company Michael Hill is likely to achieve profit growth this year - despite many of its stores still being closed due to lockdowns.
Grab, the Singapore based ‘super-app’ that blends Uber, Menulog, Kogan and Beem It in one app, is going public in world’s largest ever SPAC deal.
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4/15/2021 • 5 minutes, 48 seconds
CBA all in for women's soccer | Climate: NZ's potential law for businesses | Square provoking our big banks
Commbank will become the naming rights sponsor of Australia’s women’s soccer team, the Matildas, and will inject millions into women’s soccer over the next few years.
New Zealand is considering new legislation that would require banks, insurers and investors to disclose the impacts of climate change on their businesses.
Payments company Square is launching business loans in Australia as our COVID recovery attracts overseas competition for the big banks.
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4/14/2021 • 5 minutes, 29 seconds
Menulog breaks away from UberEats, Deliveroo | Klarna kisses Flybuys | Microsoft poaches Siri
Menulog has broken away from UberEats and Deliveroo and is testing a program to classify workers as full time employees.
Aussie loyalty program Flybuys is partnering with Klarna as the buy now pay later service strives to differentiate itself from Afterpay and Zip.
Microsoft is buying the speech recognition company behind Siri for $26 billion.
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4/13/2021 • 5 minutes, 43 seconds
Volkswagen in Aus: Record $125M fine | Asahi: After big Aussie buys, cutting down debt | Alibaba whacked with $4.9B fine from China
A record $125 million fine for Volkswagen has been upheld in Australia - after the company falsely represented the emissions standards of its cars.
After spending $14.5 billion to buy the Aussie operations of Anheuser-Busch InBev, Asahi wants to reduce its debt by 50%.
China has fined Alibaba, the Amazon of China, $4.9 billion for anti-competitive behaviour.
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4/12/2021 • 5 minutes, 47 seconds
Coles v Woolies: Down Down is back | Netflix's Spiderman, Jumanji deal | News Corp raising $1B to for acquisition frenzy
Coles has relaunched its famous/infamous Down Down marketing campaign as it strives to win market share back from Woolies.
News Corp, the owner of news.com.au and The Australian newspaper, is raising $1 billion of debt for a potential acquisition frenzy.
Netflix has locked in an exclusive streaming deal with Sony Pictures - the owner of the Spiderman and Jumanji franchises.
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4/11/2021 • 4 minutes, 57 seconds
Cotton On to IPO soon? | Deliveroo's disaster IPO propped up by Goldman Sachs | Toshiba being hunted for $26B
Australian retail giant Cotton On is said to be preparing for its long-awaited IPO.
The company that arranged Deliveroo’s disaster IPO, Goldman Sachs, bought £75 million of Deliveroo shares just to keep Deliveroo’s IPO price up.
A big investor has made a $26 billion offer to buy Japanese conglomerate Toshiba - just 4 years after it almost went bankrupt.
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4/8/2021 • 5 minutes, 39 seconds
Now streaming: Syd Opera House | Has your FB data been hacked? | Aussie tech star worth almost $20B
The Sydney Opera House has launched its own streaming service to compete with Netflix.
Canva, the Australian graphic design company, has been valued at $19.6 billion after a new investment round of $US71 million.
Over 7 million Australians are understood to be included in a leak of Facebook user data, including phone numbers and email addresses.
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4/7/2021 • 5 minutes, 28 seconds
Virgin hooks up at 7-Eleven | LG: Life's bad with smartphones | ANZ Bank timid in Myanmar
Virgin Australia’s loyalty program, Velocity, is likely to partner with 7-Eleven in order to get ahead of Qantas and its frequent flyer program.
ANZ Bank has declined to sign a letter that condemns recent violence in Myanmar, despite many other global companies doing so.
Electronics company LG has become the first major smartphone brand to withdraw from the global smartphone market.
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4/6/2021 • 5 minutes, 54 seconds
Deliveroo's DISASTER IPO | 'Voltswagen' in big trouble | Big breakup: Coke Aus & Coke USA
Deliveroo had its long awaited IPO last week - and shares in the company fell by 30% on day 1.
Volkswagen could end up in hot water with regulators over its ‘Voltswagen’ name change marketing stunt.
Coke Australia and Coke USA are breaking up - The Coca-Cola Company is selling its 30.8% ownership to Coke Europe.
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4/5/2021 • 5 minutes, 59 seconds
Aussie floods mean Suncorp to pay $250M | Cameo celeb app worth $1B | PayPal to convert crypto into regular currency at checkout
Australian insurer Suncorp reckons the costs it will incur for the recent major floods across eastern Australia could be up to $250 million.
PayPal is going to start allowing customers to convert their cryptocurrency into regular currencies when they make payments and checkout.
Cameo, the app that lets fans pay for personalised videos from celebrities, is now worth over $1 billion.
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3/31/2021 • 5 minutes, 53 seconds
realestate.com.au becomes a lender | WeWork IPO 2.0 after massive fail | Tabcorp says $3B's not enough
REA Group, the owner of realestate.com.au, wants 10% of the Australian mortgage broking market after buying Mortgage Choice for $244M.
Tabcorp has rejected offers of $3 billion for its betting division because it reckons the price isn’t a fair.
WeWork will finally list on the share market - two years after its first attempt to go public failed spectacularly.
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3/30/2021 • 6 minutes
'Link in bio' worth $100M+ in Aus | China v Aus: 5 more years for wine tariffs | Nine suffers big cyber attack
Aussie ‘Link in bio’ startup Linktree has raised $59 million from big investors, including the founder of Afterpay.
Nine Entertainment, the owner of Channel 9, The Age and The SMH, has asked for help from the government after a major cyber attack.
China has locked in another five years of tariffs on the Australian wine industry.
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3/29/2021 • 5 minutes, 58 seconds
TPG founder at war with Vodafone? | Intel = backstreet back | WTF is the Suez Canal
The founder of TPG Telecom has abruptly quit the company just 8 months after TPG’s giant merger with Vodafone.
The Suez Canal, a waterway in Egypt, has been blocked for almost a week, which has massive implications for businesses and consumers.
Intel has released a new $26 billion strategy to get back to being the number one chipmaker in the world again.
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3/28/2021 • 5 minutes, 54 seconds
Just Jeans owner refuses to give back JobKeeper | GameStop lets everyone down | Music streaming hits all time high thanks to Spotify, Apple Music
Premier Investments, the owner of Just Jeans and Peter Alexander, is expecting record results this year, but still refuses to return JobKeeper benefits.
GameStop has actually announced some earnings - and as it turns out, they have fallen short of low expectations.
Streaming music revenue has hit an all-time high - and makes up 62% of all music sales - largely thanks to Spotify and Apple Music.
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3/25/2021 • 5 minutes, 55 seconds
Airtasker up almost 170% since IPO | BYO Zoom coming soon | Microsoft salivating over Discord
Airtasker, the online Aussie jobs marketplace, had a stellar debut as a public company - ending day two up almost 170%.
Zoom is going to license its technology to other companies, so they can use a non-branded version of Zoom inside their own apps.
Microsoft is in talks to buy Discord, the wildly popular online video game community, for more than $13 billion.
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3/24/2021 • 5 minutes, 53 seconds
Cop that Coles: Aldi hits $10B | Telstra prepping to buy NBN | Clubhouse still naked on Android
Aldi Australia has hit the $10 billion mark for supermarket sales - up 10% from last year - as it closes in on 600 stores in Aus.
Telstra is splitting itself into four seperate divisions as it prepares for a potentially huge acquisition of the NBN.
Clubhouse, the wildly popular audio app that launched in 2019, is still months away from having an Android app.
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3/23/2021 • 5 minutes, 59 seconds
Crown casino = $8B (despite naughtiness) | TikTok star to 'NFT' viral video | Nike shoes are stuck at ports
Australia’s Crown Resorts, the company behind casinos around the country, has received an $8 billion takeover offer.
A TikTok star is auctioning an NFT (ie. non fungible token) of his viral TikTok video - and the bidding starts at around $650,000.
Sales at Nike dropped over the last 3 months due to major shipment delays, with products being stuck at ports.
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3/22/2021 • 5 minutes, 57 seconds
Afterpay v CBA: the battle heats up | Amazon to own live sport | Squarespace worth $13B
The battle between Afterpay and Commbank is escalating as Afterpay accelerates plans to launch a banking app.
Amazon has gained some exclusive rights to one of the most lucrative live sports in the world, in a scary sign of things to come for traditional and Pay TV.
Squarespace, the company that helps you build your own website, has hit a whopping $12.9B valuation.
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3/21/2021 • 5 minutes, 50 seconds
CommBank's hypocritical buy now pay later | Volkswagen taking on Tesla | Snapchat to find you perfectly fitting fashion
The Commonwealth Bank will launch its own buy now pay later product despite denouncing Afterpay and co for years.Volkswagen is getting ready to take on Tesla in the electric car space, but with a big partnership strategy.Snap has acquired a company that helps you find clothes which will fit you perfectly - to go all in on fashion and social commerce.---Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlayDownload the free app (App Store): http://bit.ly/FluxAppStoreSave money and win cash prizes up to $250k weekly: https://bit.ly/WintheweekGet your credit score for free: https://bit.ly/fluxcreditscoreWeekly newsletter: https://bit.ly/fluxnewsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/18/2021 • 6 minutes, 2 seconds
Coles, Nestle to recycle choccy wrappers | Pepsi could sell Aussie snacks business | eToro looking to SPAC at $13 billion
Coles, Nestle and others are planning to build a new soft plastics recycling plant - where chocolate wrappers can be remade into new food wrapping.PepsiCo, the owner of Pepsi, Smith’s Chips and Red Rock Deli, is exploring a potential sale of its Australian snacks business.eToro, the share trading app, is set to go public via SPAC - the latest trend in the finance world - at a valuation of $13.4 billion.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/17/2021 • 5 minutes, 52 seconds
Plant based meat = too expensive | Hospital Now, Pay Later | China bullying Alibaba again
Australia’s plant-based meat industry blossomed in 2020, but consumers aren’t adopting it as much as you’d think (due to prices).Openpay, another Aussie buy now pay later company, will be the first company to let patients split the cost of private hospital procedures.China has asked Alibaba (aka the Amazon of China) to drop its media assets over fears that it is becoming too influential.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/16/2021 • 6 minutes
Vice returns to Aus (again!) | Netflix cracking down on password sharing | China to be world's first majority online economy
Vice, the youth focused media brand, is giving Australia a second crack - this time through a big partnership with Pedestrian.Netflix is finally cracking down on users who share their password with people outside their household.This year, China is expected to be the first country where more sales are made online than in person.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/15/2021 • 5 minutes, 41 seconds
Menulog and Snoop Dogg going rural | Uber, Lyft unite to ban bad drivers | Penfolds owner selling out
Menulog has seen a rise in orders of over 100% this year, and now Menulog wants to take its success to rural Australia.Treasury Wines, the owner of wine brands like Penfolds and Wolf Blass, has sold four of its US brands for $100 million.Uber and its overseas rival Lyft have agreed to share info on drivers that have been banned from their platforms, so that the two companies can improve customer safety.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/14/2021 • 5 minutes, 14 seconds
Half price airfares for Aussies | 'Instagram Lite' to launch around the world | Peloton coming to Aus
The Australian government is cutting the price of domestic airfares to get more Aussies to holiday locally.Instagram is targeting developing countries with the launch of ‘Instagram Lite’.Peloton, the American fitness tech company, is coming to Australia and will open retail stores here this year.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/11/2021 • 5 minutes, 48 seconds
100,000 jobs to be lost when JobKeeper ends soon | Another streaming service launches in Aus | PayPal is launching a BNPL to compete with Afterpay
JobKeeper ends in 3 weeks and over 100,000 Australians are expected to lose their jobs when it ends.Australia’s streaming market is getting another big name in the mix. This time, Paramount+ is prepping for its big Aussie launch.PayPal will soon launch a buy now, pay later service in Australia to compete with Afterpay, Zip and Klarna.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/10/2021 • 5 minutes, 36 seconds
Facebook dragging its feet in Aus | Deliveroo to IPO and reward riders with cash | Aussie businesses to get $1B for apprenticeships
Australian businesses will be given over $1 billion in wage subsidies to create 70,000 new apprenticeships.Australian news publishers are worried that Facebook is trying to slow down negotiations on a deal to pay publishers.Deliveroo has announced it will IPO soon - and it is promising some of its best performing riders $18,000 as a bonus.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/9/2021 • 5 minutes, 59 seconds
Italy blocks Australia's COVID vaccines | Jay-Z laughing all the way to the bank | Google to stop tracking your personal data
Italy has blocked a shipment of COVID-19 vaccines heading for Australia.Square, the mobile payments service, is acquiring a majority stake in Jay-Z’s music streaming service Tidal.Google is going to stop using your personal browsing history to sell targeted ads.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/8/2021 • 5 minutes, 28 seconds
Netflix tries to compete with TikTok | Female gold medalists launch female media platform | Xero's biggest buy ever
Accounting platform Xero has made its biggest acquisition ever, spending $240 million on a European workforce management company.Netflix has launched a TikTok-like feed of funny videos to better compete with social media.Four female Olympic gold medalists are launching Togethxr, a media platform aimed at celebrating millennial and Gen Z female athletes.---Get your credit score for free: https://bit.ly/fluxcreditscoreSave money and win cash prizes up to $250k weekly: https://www.flux.finance/Download the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/4/2021 • 5 minutes, 32 seconds
Aussie lender fighting for life | Musician 3LAU releases first ever crypto album | Warren Buffett's now investing in himself
Greensill, an Australian-born, global lending company is fighting for its life after one of its biggest funders blocked access to its cash.Musician 3LAU has released the world’s first crypto album… and it made $15 million in 24 hours.Berkshire Hathaway, the investment company run by investment legend Warren Buffett, is now investing over $30 billion into itself.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/3/2021 • 5 minutes, 47 seconds
Property prices in your city = skyrocketing | David Jones' food disaster | Klarna v Afterpay reaches $1.3B
Property prices in Australia are increasing in value at their quickest rate in 17 years.Klarna, the Swedish buy now pay later giant, has raised $1.3 billion to continue fighting it out with Afterpay.David Jones is cutting down its costs by over $20 million by cutting down its in-store gourmet food business.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/2/2021 • 5 minutes, 43 seconds
Woolies the new $10b pet king | Airbnb exposes itself for the first time | Robinhood planning a Robinhood IPO
Woolworths is getting into Australia’s $10 billion pet industry and will offer pet food, vet services and insurance online.Airbnb has announced results as a public company for the first time - a $5 billion loss for Oct to Dec.Wildly popular stock trading app Robinhood is planning an IPO filing for as soon as this month.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/1/2021 • 5 minutes, 44 seconds
Facebook v Government: Who won? | Afterpay could be IPO-ing again | Twitter launches new money maker
Australian news has made its return to Facebook, after the updated media bargaining code passed in the Senate last week.Afterpay is buying out its US investors ahead of a potential US-based IPO later in 2021.To double its revenue by 2023, Twitter has launched a subscription product where users can get paid for extra tweets.---Download the free app: https://apps.apple.com/au/app/flux/id1526084838Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreWeekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/28/2021 • 5 minutes, 43 seconds
Woolies destroying Coles online | Qantas in dire straits | Westfield owner's giant loss
Woolworths revenue has hit $35.8 billion, an increase of over 10%, as it strives to distance itself from Coles even further.Qantas has recorded a $1.1 billion loss as COVID continues to squash demand for travel.The owner of Westfield in Australia has achieved a $3.7 billion loss as malls experience drops in value.---TikTok: https://www.tiktok.com/@flux.financeSave money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/25/2021 • 5 minutes, 34 seconds
Jay-Z sells out to Dom Perignon owner | Canva in Euro startup buying frenzy | LinkedIn to launch white collar Airtasker
Aussie design/tech company Canva is buying European design startups to drive the next phase of its growth.Jay-Z has sold 50% of his Armand de Brignac (aka Ace of Spaces) champagne to LVMH, the owner of Dom Perignon.LinkedIn is building a marketplace for white collar gig workers to find jobs.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/24/2021 • 5 minutes, 35 seconds
TikTok Aus embraces online shopping | SEEK breaking up with itself | Spotify chases next billion users
TikTok Australia is teaming up with Shopify - with plans to turn TikTok users into a big marketing opportunity for the e-commerce industry.SEEK is breaking up with itself and will split into two divisions, one for the OG business and the other for investing in new companies.Spotify is launching in 85 new countries as it aims to reach more than a billion new listeners.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/23/2021 • 5 minutes, 22 seconds
Aus Open TV ratings plummet | Uber loses big HR case | TransferWise now just 'Wise'
The Australian Open’s TV ratings fell 30% this year as lockdowns throw live sport and TV productions and into chaos.Uber has lost a long-running legal case in the UK with ramifications for Australia, as a court decides drivers are entitled to worker rights.Foreign exchange company TransferWise is growing up and is changing its name to... Wise - as it enters the banking space in Australia.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/22/2021 • 5 minutes, 20 seconds
Facebook's ban on essential services | Bank of QLD to buy rival | Global debt worse than GFC
Facebook’s broad ban on news impacted essential services like health departments and the Bureau of Meteorology.The Bank of Queensland is getting ready to buy rival bank ME Bank for $1.3 billion.Global debt levels have risen to 356% of GDP, which is significantly greater than where debt levels were during the 2008 global financial crisis.---Weekly newsletter: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/21/2021 • 5 minutes, 41 seconds
Facebook cuts Aussie news publishers | Rio Tinto bows to carbon pressure | Aussie giant CSL strikes flu gold
Facebook has restricted news publishers, and everyday Aussies, from sharing or viewing Australian and international news content.Rio Tinto has given in to pressure from investors and will finally make plans to reduce the carbon emissions of its customers.One of Australia’s biggest companies, blood products giant CSL, has seen profits boom 45% thanks to major demand for flu vaccines.---Weekly newsletter: https://www.flux.finance/newsletterLearn more about today's stories: www.flux.finance/learn---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/18/2021 • 5 minutes, 28 seconds
Domino's profit hits record $100m | Adidas finally selling Reebok | Universal Music to IPO
Profit at Domino’s hit the $100 million mark for the first time, as Aussies embrace their pizza-loving selves.Adidas is selling Reebok to focus on its own brand 15 years after buying it for almost $5 billion.Universal Music will be spun out as its own company, and will IPO, to take advantage of rapid growth in music streaming.---Weekly newsletter: https://www.flux.finance/newsletterSave money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/17/2021 • 5 minutes, 24 seconds
News Corp eyes gambling market | Corona beer suing Corona seltzer | Jaguar, Land Rover 100% green by 2025
Australian media giant News Corp has its eyes on the lucrative (and controversial) Australian sports betting market.The brand that owns Corona beer is suing another beer maker for using the Corona brand name in a hard seltzer.Luxury car brands Jaguar and Land Rover will go all in on electric cars by 2025.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/16/2021 • 5 minutes, 39 seconds
Taylor Swift fights for her (music) rights | Aus Open and Snapchat unite in lockdown | Seven Network first to fall in Google deal
Seven West Media has locked in a deal with Google to be paid for news featured in Google’s new News Showcase.Snapchat and the Australian Open have done a deal to give Aussies a behind the scenes look at the Aus Open (considering no one can actually go right now).Taylor Swift is fighting for her (music) rights by re-releasing new versions of old hits after her music was sold to a large investor.---Download the free app: https://apps.apple.com/au/app/flux/id1526084838Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreWeekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/15/2021 • 5 minutes, 32 seconds
Bumble's IPO date goes VERY well | Telstra profits fall, but dividend stays | NAB's 86400 acquisition under investigation
Dating app Bumble’s first date with the share market was successful after a 77% IPO day price pop.The ACCC is investigating whether to allow NAB’s $220 million takeover of Aussie neobank 86 400 as it may be anti-competitive.Telstra is maintaining its dividend even though its profits fell 20% - but wtf is a dividend?---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/14/2021 • 5 minutes, 21 seconds
Hollywood comes to Aus | TikTok's forced sale 'shelved' | Spotlight to launch 150 new stores... now?
Hollywood has come to Australia, with around $1.5 billion in movie industry spending going on around the country currently.The forced sale of TikTok by the Trump administration has been ‘shelved indefinitely’ by... the Biden administration.Spotlight will launch 150 new stores over the next five years - even though physical retail is supposedly dying.---Weekly newsletter: https://www.flux.finance/newsletterSave money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/11/2021 • 5 minutes, 17 seconds
Reddit raises $320M after Wall St Bets hype | Coke's first 100% plastic bottle | Crown 'not suitable' to operate new casino
Reddit has raised $320 million at valuation of almost $8 billion as it cashes in on its WallStreetBets phenomenon.Coca Cola is introducing its first bottle made from 100% recycled plastic.Australian casino company Crown Resorts has been declared not suitable to operate its new, expensive Sydney casino.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/10/2021 • 5 minutes, 20 seconds
Nick Scali repays JobKeeper | Tesla buys $1.95B bitcoin | Clubhouse blocked in China
Furniture retailer Nick Scali will repay the JobKeeper payments it received following a healthy dose of political pressure.Electric car company Tesla has bought $1.95 billion of bitcoin and will accept it as payment in the near future.New social media sensation Clubhouse, the app for audio-only chatrooms, has been blocked in China.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/9/2021 • 5 minutes, 30 seconds
Westpac's $300M crypto win | China taking on US in digital currency fight | Climate-friendly loans to reach record in 2021
Westpac’s division that invests in early stage tech companies is set to receive a $300M payday thanks to Coinbase's IPO.China is looking into taking its digital currency global as it aims to replace the US dollar as the world’s number one currency.Green bonds, ie corporate loans that support climate-related projects, are expected to reach a record $850 billion in 2021.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/8/2021 • 5 minutes, 41 seconds
RBA pins rates to the floor | Dogecoin: meme culture meets finance | AGL cops $2.7B hit as industry suffers
The Reserve Bank of Australia will pin interest rates to record low rates, which could set the share market and housing market alight for years.Dogecoin, a cryptocurrency that started as a joke, is now worth billions, as meme culture intersects with finance.Aussie energy giant AGL will incur a $2.7 billion hit as part of industry wide headwinds.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/7/2021 • 5 minutes, 32 seconds
Microsoft swings at Google in Aus | Telstra cuts 1400 jobs | Spotify triples podcasts
Microsoft has come out swinging at Google, saying that Bing is ready to fill the gap if Google pulls out of Australia.Telstra is cutting around 1400 jobs as part of its monstrous staff retrenchment plan.Spotify has tripled the number of podcasts on its platform from 700K in 2019 to 2.2M today.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Weekly newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/4/2021 • 5 minutes, 32 seconds
Chemist Warehouse to sell cannabis | Amazon founder steps down | Aussie banks complain about BNPL risks
Chemist Warehouse will sell low-dose cannabis products (ie CBD) to Aussies thanks to a new supply deal with a medicinal cannabis company.Amazon’s founder Jeff Bezos is stepping down as CEO as the company reports its third consecutive record profit.Aussie banks are worried that buy now, pay later companies like Afterpay have increased compliance risks for banks.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Get your credit score for free: https://bit.ly/fluxcreditscoreDownload the free app: https://apps.apple.com/au/app/flux/id1526084838Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/3/2021 • 6 minutes, 4 seconds
GameStop saga reaches Aus | Robinhood raises $3.1B in desperation | Hyundai's top execs worried about Apple car deal
The GameStop saga has reached Australia as traders threaten to boycott one of Australia’s biggest brokers after it suspended trading for two companies.Robinhood, the wildly popular US share trading app, has raised $3.1B in emergency funding following a user boycott.Some of Hyundai’s top executives are worried about a partnership with Apple to make its new electric cars.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Free credit score: https://bit.ly/fluxcreditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/2/2021 • 5 minutes, 44 seconds
Microsoft's Bing keen to answer Gov's call | NAB to buy neobank 86400 | Coinbase to IPO via 'direct listing'
Microsoft has told ScoMo it is keen to expand its Google rival Bing into the Australian market if Google pulls out of Aus.NAB is set to buy Aussie neobank 86 400 for up to $220 million.Coinbase, the massive cryptocurrency exchange, is planning to IPO through a “direct listing” - bypassing investment bankers and lawyers.---Save money and win cash prizes up to $250k weekly: https://www.flux.finance/Free credit score: https://bit.ly/fluxcreditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/1/2021 • 5 minutes, 47 seconds
Aussie Reddit group wants similar 'market play' | Uber Eats flips its business model | Apple breaks records
The Australian version of the Reddit forum at the heart of GameStop-gate has said NO to local attempts to organise a similar “market play”.Uber Eats is making major changes to its business model after backlash over the workers’ status of its delivery drivers.Apple has achieved its biggest quarter ever with $145B in sales 9 (that’s almost 3X Facebook and Tesla’s sales combined).---Save money and win prizes up to $250k weekly: https://www.flux.finance/Free credit score: https://bit.ly/fluxcreditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/31/2021 • 5 minutes, 15 seconds
RM Williams wants to be 100% Aussie again | Facebook's 2021 obstacles | Johnson & Johnson to enter vaccine race
The new Aussie owner of RM Williams will spend “whatever it takes” to get production of RM Williams boots back to being 100% Australia-based.Facebook enjoyed strong financial performance between Oct and Dec 2020, but the company faces 3 major headwinds in 2021.Johnson & Johnson expects the final test results for its COVID vaccine by next week.---Save money and win prizes up to $250k weekly: https://www.flux.finance/Free credit score: https://bit.ly/fluxcreditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/28/2021 • 5 minutes, 28 seconds
Vinomofo CEO steps aside ahead of IPO | Reddit traders rebel against pro investors | New social network raises $130M
The CEO and founder of online wine retailer Vinomofo is stepping down as the company makes moves towards a potential IPO.Investors in video game retailer GameStop lost over $2B in a day thanks to Reddit traders rebelling against professional ‘short-seller’ investors.Clubhouse, a new audio-based social network, has raised $130M to take social media to what it thinks is the next level.---Save money and win prizes up to $250k weekly: https://www.flux.finance/Free credit score: https://bit.ly/fluxcreditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/27/2021 • 5 minutes, 27 seconds
Aus Open sponsors optimistic despite tiny crowds | Chobani enters the coffee game | Google's Alphabet shuts down ambitious wifi startup
Although Australian Open major sponsors Kia, UberEats and ANZ are reducing their investment this year, they are optimistic TV audiences will be huge.Yoghurt giant Chobani is expanding into a totally new (and random) category - ready-to-drink coffee.Google parent Alphabet has shut down Loon, its attempt to bring wifi to the world’s most remote areas.---Save money and win prizes up to $250k weekly: https://bit.ly/WintheweekFree credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/26/2021 • 5 minutes, 34 seconds
Airtasker wants a $250M+ IPO | Dick Smith shareholders to share $5.6M payout | TikTok owner enters financial services in China
Airtasker, the Australian online marketplace for odd jobs, is aiming for a valuation of over $250M for its upcoming IPO.Former Dick Smith shareholders that sued the company over its collapse will share around $5.6M under a settlement proposal.The owner of TikTok has launched a payments service in China as it pushes into financial services and e-commerce.---Save money and win money this week (up to $250k): https://bit.ly/WintheweekFree credit score: https://bit.ly/fluxcreditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/24/2021 • 5 minutes, 27 seconds
US govt tells Aus to cut new media laws | Woolies' data saves us from COVID | Mark Zuckerberg's sister joins Aussie tech company
The US government has told the Australian government to cut their proposed laws that would force Google and Facebook to pay for news.Data from Woolworths’ Everyday Rewards program has helped trace COVID-19 contacts.The sister of Facebook’s Mark Zuckerberg has been appointed to the board of ASX-listed tech company Life360.---Save money to WIN money every week (up to $250k): https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/21/2021 • 5 minutes, 26 seconds
Kogan whacked with $310k fine | Netflix hits 200M subscribers | Bingo Bins worth $2.3B?
Online retailer Kogan has been whacked with a $310,000 fine for spamming customers with promotional emails.Netflix added 8.5 million global subscribers last quarter, bringing its total subscribers to more than 200 million.Australian waste management company Bingo Bins is considering a $2.3 billion takeover by an Australian private equity group.---Save money and win money this week (up to $250k): https://bit.ly/WintheweekFree credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/20/2021 • 5 minutes, 19 seconds
JB Hi-Fi hits record sales | Fiat Chrysler and Peugeot owner get hitched | Bumble announces IPO
JB Hi-Fi achieved record sales between July and December - thanks to Aussie households saving around $100 billion during the pandemic.Fiat Chrysler and PSA Group, the owner of Peugeot and Citroen, have finally completed their merger (after first announcing it in Oct 2019).With its 42 million users, Bumble has announced it will IPO in 2021.---Win the Week [up to $250k this week]: https://bit.ly/WintheweekFree credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/19/2021 • 5 minutes, 25 seconds
Pizza Hut wants to unseat Domino's at no.1 | WhatsApp caught up in FB mess | Deliveroo delivers a $9B val
Pizza Hut has set its sights on the number 1 spot in the Aussie pizza wars... and wants to leapfrog Domino’s.WhatsApp is delaying its new privacy policy after it caused mass confusion about whether WhatsApp shares data with its owner Facebook.Deliveroo, which is backed by Amazon, is now worth over $9 billion after a pre-IPO funding round.---TikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/18/2021 • 5 minutes, 24 seconds
Google Aus hides media search links | 10,000 payment terminals go down | US BNPL explodes 98%
Google Australia has been burying links to traditional Aussie media outlets as an “experiment”.One of Australia’s largest payment companies has encountered 10,000 of its payment terminals going down for over a week.Affirm, the US-based buy now pay later company, went public last week - and its shares increased by 98% on its first day.---Save money, win money: https://bit.ly/WintheweekFree credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/17/2021 • 5 minutes, 30 seconds
BONUS EPISODE: Westpac's nightmare results | ANZ gettin' sustainable | Banks worried about Open Banking
We said we'd be offline until the 18th of January - buuuut we just couldn't resist!So we're releasing a BONUS EDITION every day this week.Today, we're recapping the best stories from the tech industry in 2020.---Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/14/2021 • 5 minutes, 8 seconds
BONUS EPISODE: Catch Group speeds up delivery for e-commerce | David Jones making big losses | Woolies sales boomin'
We said we'd be offline until the 18th of January - buuuut we just couldn't resist!So we're releasing a BONUS EDITION every day this week.Today, we're recapping the best stories from the tech industry in 2020.---Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/13/2021 • 5 minutes, 10 seconds
BONUS EPISODE: TikTok facing heat | Facebook playing copycat | Google & Facebook makes truce with media companies
We said we'd be offline until the 18th of January - buuuut we just couldn't resist!So we're releasing a BONUS EDITION every day this week.Today, we're recapping the best stories from the tech industry in 2020.---Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/12/2021 • 5 minutes, 8 seconds
BONUS EPISODE: ASIC watching buy now pay later | Paypal competing with Afterpay & Zip | Afterpay boomin'
We said we'd be offline until the 18th of January - buuuut we just couldn't resist!So we're releasing a BONUS EDITION every day this week.Today, we're recapping stories about the buy now pay later (BNPL) space in 2020.---Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/11/2021 • 5 minutes, 7 seconds
BONUS EPISODE: Kayo & Binge boomin' | Netflix hitting market saturation | Disney+ tests direct to streaming model
We said we'd be offline until the 18th January - buuuut we just couldn't resist!So we're releasing a BONUS EDITION every day this week.Today, we're recapping stories about streaming services in 2020.---Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/10/2021 • 5 minutes
Tennis Australia gets govt help for Aus Open | Strike Bowling owner set to be acquired for $250M | Apple getting into self driving cars
Tennis Australia has received a loan from the Victorian government to help cover the cost of this summer’s Australian Open.The owner of Strike Bowling, Sky Zone and Holey Moley mini-golf is set to be acquired for $250M.Apple is getting into self-driving car technology and is aiming to release its first car in 2024.---Win $250,000 with Flux's Win the Week savings game: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Lorna Jane is being taken to court for trying to sell clothes that the company said could protect against coronavirus.Large Australian investor Magellan has invested $87M into Guzman y Gomez.Sales at Nike will be better than expected this quarter after another big rise in online sales thanks to COVID-wary shoppers.---Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
A2 Milk has emerged from a ‘trading halt’ after the company revealed a major drop in expected ‘daigou’ sales.OnlyFans, the content subscription site, made $525M in revenue this year and attracted major celebrities to its platform.Coinbase, the cryptocurrency exchange, has filed for its IPO and is looking likely to be one of the first big IPOs of 2021.---Win the Week: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/21/2020 • 5 minutes, 29 seconds
TimTams owner buys Freedom Foods cereal business | Zip Money raises $150M for global expansion | Sneaker 'sharemarket' hits $3.7B valuation
Arnott’s, the owner of TimTams and Shapes, is buying the cereal and snacks business of Freedom Foods for $20M.Zip Money has raised $150M for its international expansion, with its eyes on the US, Europe and the Middle East.StockX, the share market of sneakers, has walked into a new valuation of $3.7B.---Win the Week: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/20/2020 • 5 minutes, 12 seconds
Energy BNPL Brighte raises $100m | Moncler's bold bets | Citibank begs for $1.1B Revlon loan money
Energy buy now pay later company Brighte has raised $100 million to get into selling solar power.Luxury puffer jacket brand Moncler is making bold bets on its new target market of ‘twentysomethings’ and Chinese shoppers.Citibank has begged lenders to return a $1.1 billion mistaken Revlon payment - in one of the biggest banking errors in history.---Win $250k with Flux's Win the Week: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/17/2020 • 5 minutes, 28 seconds
Big Flux Announcement: Xinja gives up banking licence | Gloria Jean's, Donut King owner sued | Exxon Mobil finally pledges to cut emissions
Australian neobank Xinja is giving up its banking licence less than 18 months after launching.The ACCC is suing the owner of Gloria Jean’s and Donut King for allegedly lying to and ripping off franchisees.Global oil and gas company Exxon Mobil has finally pledged to cut greenhouse-gas emissions by up to 20%.---Win up to $250k with Flux's Win the Week: https://bit.ly/Wintheweek---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/16/2020 • 5 minutes, 24 seconds
Aussie payment companies take on Visa, Mastercard | Reddit snaps up TikTok-rival Dubsmash | Adidas considering Reebok sale
Eftpos, BPay and the New Payments Platform are merging to help Aussie banks take on Visa and Mastercard.Reddit has acquired Dubsmash - the short-form video app that is TikTok’s number one rival.Adidas is considering selling Reebok - 15 years after it bought the brand to take on Nike.---Free credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/15/2020 • 4 minutes, 53 seconds
Disney ramping up Aussie focus | Uber, Deliveroo's likely Senate inquiry | Lululemon's workout gear boom
Disney is expanding its focus on Australia by launching a new streaming brand early next year.Uber and Deliveroo will likely be brought before a Senate inquiry that explores the impacts of insecure employment in Australia.Lululemon has lifted its predictions for its end of year sales as the world experiences a boom in workout gear.---Free credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/14/2020 • 4 minutes, 50 seconds
Airbnb share price rockets | Aussie superfund wants $300 billion | PepsiCo to spend big in Aus
Airbnb’s share price rocketed 115% in its IPO debut with its valuation hitting over $130 billion.Australia’s largest super fund, AustralianSuper, plans to become a $300 billion fund,PepsiCo Australia will spend $150 million on automation and sustainability following a big year of sales.---Free credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/13/2020 • 5 minutes
Sephora's surprise loss | DoorDash's giant IPO debut | US: Hey Facebook, sell Insta and WhatsApp
Sephora Australia made a surprise financial loss last year, but still generated more sales than Adore Beauty.Food delivery giant DoorDash saw its share price skyrocket 85% in its IPO debut.US lawmakers want Facebook to sell off Instagram and WhatsApp.---Free credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/10/2020 • 5 minutes
Google, Facebook to pay for Aussie news | Airbnb looks for $4b in IPO | Brexit could destroy 300,000 jobs
Google and Facebook will be forced to pay for news content from media companies under world-first laws in Australia.Airbnb has boosted its IPO ‘price range’ as it looks to raise over $4 billion.It has been revealed that a “no deal” Brexit could destroy 300,000 jobs.---Free credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/9/2020 • 5 minutes
Movie World owner Village Roadshow acquired | Uber selling self-driving division | Bob Dylan sells music to Universal Music
Village Roadshow, the owner of Warner Bros Movie World, Sea World, and movie cinemas, has been acquired for $586 million.Uber is selling its self-driving car business for over $5 billion.Rockstar Bob Dylan is selling his entire catalog of songs to Universal Music.---Free credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Virgin Australia is raising the stakes in its Frequent Flyer Program war against Qantas.Both Victoria and NSW have had their credit ratings downgraded.Amazon is considering buying podcasting company Wondery for over $400 million.---Free credit score: https://bit.ly/fluxcreditscoreStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/7/2020 • 5 minutes
Booktopia finally gets its IPO | Afterpay US sales exceed Australia | Warner Bros to release all movies via streaming
Online Aussie book seller Booktopia has finally had its IPO - four years in the making.Afterpay’s US sales exceeded its Australian sales for the first time after Black Friday and Cyber Monday.Warner Bros. will release all of its 2021 movies on streaming service HBO Max - at the same time as in cinemas.---Start your money journey: https://www.flux.finance/Get your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/6/2020 • 5 minutes
Kogan buys the NZ version of Kogan | Hyundai launching electric vehicles | Cashrewards all about customer growth
Online retailer Kogan has paid $122 million for one of New Zealand’s biggest online retailers.Korean car company Hyundai is set to launch a major push into the electric car market.Australian cashback company Cashrewards has IPO’d and is now focused on growing customers (rather than profits).---Start your money journey: https://www.flux.finance/Get your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/3/2020 • 4 minutes, 59 seconds
Uber rival Ola fading away in Aus | KFC, Taco Bell owner pivoting to online | Under Armour and Steph Curry unite to fight Nike-Jordan
Uber competitor Ola has cut most of its Australian staff and operations.The owner of KFC and Taco Bell in Australia is pivoting its focus from dine-in to click-and-collect and online delivery.Under Armour and NBA superstar Steph Curry have launched Curry Brand, a new line of clothes, shoes and basketball products.---Start your money journey: https://www.flux.finance/Get your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/2/2020 • 4 minutes, 58 seconds
Foster's is back for summer | Freedom Foods' $590m scandal | Topshop falls into administration
To win back Aussie drinkers, Foster’s Lager is ramping up production and is launching a brand new slab.Freedom Foods, the Australian snacks, milk and cereal company, has revealed the $590 million cost of its accounting scandal.The global owner of the Topshop and Topman fashion brands has fallen into administration.---Newsletter: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
12/1/2020 • 5 minutes
Aussie wine makers whacked by China | Nine Network wins ratings | Stripe could be worth $95b
China has whacked Australian wine makers with tariffs up to 212% on Australian wine imports.For the second year in a row, the Nine Network has won the Australian TV ratings.Global payments giant Stripe in talks to receive new investment at a valuation of at least $95 billion.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/30/2020 • 4 minutes, 58 seconds
Bega Cheese eats up Lion Dairy | Penguin books acquires Simon & Schuster | Mars devours owner of Kind bars
Bega Cheese is buying Lion Dairy and Drinks - the owner of Pura Milk, Dare Iced Coffee and Yoplait Yoghurt.Book publishing company Simon & Schuster is being sold to Penguin Random House - resulting in one major book publishing company.The owner of M&M’s and Snickers is buying the owner of Kind bars to jump on the healthy snacks bandwagon.---Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/29/2020 • 4 minutes, 59 seconds
Aussie Uber drivers could set own prices | Oxfam whacks Just Group, Mosaic Brands | Salesforce in talks to acquire Slack
Uber is considering letting its drivers in Australia bid for rides and set their own prices.A report from Oxfam has whacked several major retailers in Australia for their buying practices and low wages for factory workers.Global software company Salesforce is in talks to acquire workplace messaging app Slack.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/26/2020 • 5 minutes
Amazon Pharmacy coming down under? | Qantas requires your vaccine | GetSwift's move abroad potentially blocked by Treasurer
Amazon has launched Amazon Pharmacy in the US - 10 months after filing a trademark for Amazon Pharmacy in Australia.Qantas will require passengers to be vaccinated before taking an international flight.Australian logistics company GetSwift wants to relocate to Canada - but the move may be blocked by Treasurer Josh Frydenberg.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroupFlux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/25/2020 • 5 minutes
Telstra entering energy market | BBC launches streaming service in Aus | Aussie company collapses after cyber attack
Telstra will start selling energy plans to consumers as it chases new revenue opportunities.The BBC and the UK’s biggest TV broadcaster ITV have launched their streaming service BritBox in Australia.An Australian investment company has collapsed after a cyber attack resulted in the transfer of $8.7 million into a random bank account.---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/24/2020 • 4 minutes, 59 seconds
Aus Open delay hurts Nine | Snap trying to match it with TikTok | Google Pay taking on fintechs
A delay in the Australian Open in 2021 would hurt the event’s TV broadcaster Nine.Google Pay is getting a massive redesign - and it has a brand new focus on personal finance.In order to better compete with TikTok, Snap has acquired a company that overlays your own vocals over music.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
BuzzFeed is buying news website HuffPost - and the two will remain separate news brands.Insurance claims relating to COVID ‘business interruptions’ could be valid in Australia - meaning hundreds of millions could be paid out.WeWork is expanding its new 'WeWork on Demand' service internationally.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroupFlux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/22/2020 • 5 minutes
News Corp suddenly accepts climate change | Twitter launches stories | Duolingo expands lead in languages
News Corp has come out swinging at its annual general meeting saying it does not deny climate change.Twitter is launching a new stories-like feature that disappears after 24 hours.Duolingo has raised $48 million to expand its lead in the language education market.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroupFlux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/19/2020 • 5 minutes
Toys R Us returning in 2021 | Fortnite fights Apple in Aus | Airbnb finally files for IPO
Toys R Us stores are likely to reopen next year as the company’s owner merges with toy brand Funtastic.The owner of one of the most profitable video games in history, Fortnite, has brought its legal fight against Apple to Australia.Finally Airbnb has filed for its long-awaited IPO after contemplating the idea for several years.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroupFlux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/18/2020 • 4 minutes, 57 seconds
Aussie share market's major outage | Afterpay, BNPL required to limit target customers | Strava raises over $100m
Australian investors were unable to trade on the Australian share market for most of the day on Monday when the entire system went down.Afterpay and other buy now pay later platforms will be required to limit the types of customers they target under new regulations.Fitness tracking app Strava has raised $136 million after gloating about its 2020 growth rate of 2 million new users per month.---Instagram: http://bit.ly/fluxinstaStart your money journey: https://www.flux.finance/Newsletter: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/17/2020 • 5 minutes
Australia's big trade deal | Instagram enters online shopping | Zoom rival to be virtual events king?
The Australian government has signed a new partnership with several other countries in the world’s largest trade deal.Instagram Australia has embraced the online shopping boom by releasing a new Shop tab.Zoom competitor Hopin has raised $170 million to become the home of virtual events and conferences.---Newsletter: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/16/2020 • 5 minutes
Xero tells investors to chill out | Foxtel gets cricket discount | Apple ditches Intel
Accounting software giant Xero has told investors to take a chill pill with regard to the company’s sudden rise in profitability.It’s understood that Foxtel has received a discount from Cricket Australia for this year’s broadcast rights.Apple is transitioning away from using Intel’s computer chips for its computers.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroupFlux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/15/2020 • 4 minutes, 58 seconds
Universal Store's $150m IPO | Kogan's AGM post e-commerce boom | Victoria's Secret owner to surprise us again?
Universal Store will raise almost $150 million in its long-awaited IPO this week.Kogan will have its annual general meeting this week following a profit jump of 56% during the 2020 e-commerce boom.The owner of Victoria’s Secret and Bath & Body Works will announce its latest results this week after a surprise profit last quarter.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroupFlux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/14/2020 • 4 minutes, 54 seconds
Telstra breaks up with itself | Maccas' McPlant range | Digital COVID travel passes to solve travel industry?
Telstra has announced a major company restructure that will see the company split itself into three separate entities.McDonald’s has announced a brand new plant-based meat range - named the ‘McPlant’ range.Airline alliances Oneworld, Star Alliance and SkyTeam are pushing governments to replace quarantine restrictions with digital travel passes that would verify who is safe to fly.---Flux Wellness Month: http://bit.ly/fluxwellnessmonthStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/12/2020 • 5 minutes
Supreme acquired by Vans owner | realestate.com.au ups the ante in Asia | Spotify spends $320m on podcast platform
Streetwear brand Supreme has been acquired for $2.9 billion by the owner of Vans - VF Corp.The owner of realestate.com.au, REA Group, is beefing up its presence in Asia.Spotify is acquiring Megaphone, one of the world’s top podcast advertising platforms, for $320 million.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaFlux Wellness Month: http://bit.ly/fluxwellnessmonthTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/11/2020 • 4 minutes, 55 seconds
COVID vaccine's financial impact | Swisse & Blackmores's dogfight for pet vitamins | Aussie dairy industry's consolidation
Share markets skyrocketed after drug companies Pfizer and BioNTech announced their COVID-19 vaccine was 90% effective.The pet vitamins sector has become a highly competitive dog fight between industry giants Blackmores and Swisse.Australia’s biggest milk processor, Saputo, is eager to participate in the ‘consolidation’ of Australia’s dairy industry.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaFlux Wellness Month: http://bit.ly/fluxwellnessmonthTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/10/2020 • 4 minutes, 58 seconds
Stan creating new sports channel | Tabcorp's $100m weekend | Aussie sharemarket loving Joe
Streaming service Stan is creating a new sports channel after beating Foxtel for the rugby union broadcast rights.Tabcorp’s major systems outage this weekend may have cost the company over $100 million in lost betting.The Australian share market has responded positively to the fact that Joe Biden will be the next US President.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaNovember: Flux Wellness Month: http://bit.ly/fluxwellnessmonthTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/9/2020 • 4 minutes, 57 seconds
Magazines Elle and Girlfriend coming back | YouTube rival may divorce parent | Amcor booming in lockdown
The owner of Woman’s Weekly and New Idea magazines is bringing back Elle and Girlfriend in digital form.Former YouTube rival Vimeo has raised over $200 million to potentially ‘divorce’ its parent company.Homegrown packaging giant Amcor is living its best life thanks to a boom in US grocery sales during lockdowns.---Flux Wellness Month: http://bit.ly/fluxwellnessmonthStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Online tradie platform HiPages will have its long-awaited IPO this week - valued up to $318 million.This week, WeWork and Uber investor SoftBank will announce its latest financial results - but what will it do with its $110 billion in cash?Preserving Indigenous sites will be on the agenda at Australian mining giant Fortescue Metal’s annual general meeting this week.---Flux Wellness Month: http://bit.ly/fluxwellnessmonthStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/7/2020 • 5 minutes
Domino's going large in Europe | Crocs' comeback | Gina Rinehart's $4b profit
Domino’s expects sales to ramp up in Europe as the second wave of COVID forces restaurants to close.Crocs is making a comeback thanks to celebrity partnerships - including a big one with Justin Bieber.Gina Rinehart’s company Hancock Prospecting earned $4 billion in profit last financial year.---Flux Wellness Month: http://bit.ly/fluxwellnessmonthStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/5/2020 • 4 minutes, 54 seconds
Ooshies deliver for Woolies | Beem It and Eftpos hook up | China halts record breaking IPO
Woolworths’ sales have increased by 12% thanks to a boost in online sales and its Ooshies giveaways.Australia’s Eftpos is buying payments app Beem It, which is owned by 3 of the big 4 banks, to expand into the digital wallets space.China has suddenly halted the record-breaking IPO of Alibaba’s Ant Group.---Flux Wellness Month: http://bit.ly/fluxwellnessmonthStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/4/2020 • 4 minutes, 59 seconds
RBA cuts rates | Westpac preparing for bad loans | Rest Super v climate change
The Reserve Bank has cut the official interest rate to 0.10% and has announced a ‘quantitative easing program’.Westpac is preparing for a $6.2 billion hit from potentially bad loans in 2021.An Australian super fund has settled a lawsuit with one of its members for failing to protect his retirement savings from the financial impacts of climate change.---Flux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/3/2020 • 5 minutes
Optus buying Amaysim for $250m | AMP receives takeover offer | Under Armour selling MyFitnessPal
Optus is buying mobile phone plan retailer Amaysim for $250 million.171 year-old Australian finance company AMP has received a takeover offer from a US company.Under Armour is selling popular app MyFitnessPal for $490 million.---Flux website: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
11/2/2020 • 4 minutes, 51 seconds
Carsales' brand new service | Revenue v profit at Atlassian | Juul cuts valuation to $14bn (down from $54bn)
Carsales, Australia’s biggest online car classifieds business, is making the big move into what it calls “mobility as a service”.Revenue at Atlassian went up 26% between July and September, but it still reported a financial loss.Trendy e-cigarette maker Juul has cut its valuation to $14 billion - down from $54 billion in 2018.---Newsletter: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Flight Centre will have its 'annual general meeting' this week - following its disastrous $849 million loss earlier this year.PayPal will be announcing its latest results and we can expect some pretty delightful news after a massive surge in user growth over the last few months.Japanese video game company Nintendo will report its latest financial earnings this week... and let’s just say, it could be a fun-filled week for Nintendo and its fanboys and fangirls.---Flux Wellness Month: http://bit.ly/fluxwellnessmonthStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/31/2020 • 5 minutes
Heineken buys Aussie beer from Asahi | ANZ Bank's 42% profit drop and 'ghost loans' | Audible expands further into podcasts
Global beer company Heineken is buying the Australian rights to sell several big name beer brands (from Asahi).Profit at ANZ Bank has fallen by 42%, partially due to suspected ‘ghost loans’.Amazon-owned Audible is further expanding into podcasts by adding around 100,000 new podcasts.---Flux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/29/2020 • 4 minutes, 55 seconds
My Muscle Chef aims for 1 million | TikTok and Shopify unite against Facebook | SAP drops $50bn
Aussie pre-packed meals company My Muscle Chef has received $100 million in investment as it aims to sell 1 million meals per week.Shopify is partnering with TikTok to attract more merchants to site - and to fight off Facebook.Europe’s biggest tech company (by sales), SAP, had almost $50 billion in company value wiped off this week.---Flux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/28/2020 • 4 minutes, 59 seconds
Aussie social media startup raises $15m | Hasbro and Mattel flying post-COVID | P&G cashing in on 'hygiene revolution
Australian startup Linktree has raised $15 million for its user profiles that you may have seen on Instagram when checking ‘link in bio’.Global consumer products company P&G is enjoying its best growth in over 10 years thanks to a 2020 hygiene revolution.COVID has resulted in major jumps in revenue for game and toy makers, particularly Hasbro (Monopoly) and Mattel (Barbie).---Flux Wellness Month: http://bit.ly/fluxwellnessmonth---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/27/2020 • 5 minutes
Australian Coke to be acquired by European Coke | Netflix turns to A-PAC for growth | Goldman Sachs cops $4b fine in Malaysia
Coca-Cola Amatil, the owner of the local rights to sell Coke, has received a takeover proposal worth over $9 billion.As Netflix’s subscriber growth slows down significantly, the company is turning to Asia-Pacific countries for future growth.Global bank Goldman Sachs will pay over $4 billion in fines after pleading guilty to its role in bribing Malaysian officials.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Australia Post’s CEO is standing aside after it was revealed that employees were given watches worth $20k as a “thank you”.Coca-Cola is saying goodbye to 200 of its brands (ie. half of its portfolio).PayPal customers will soon be able to buy, sell and spend with cryptocurrencies when using their PayPal accounts.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/25/2020 • 4 minutes, 56 seconds
Crown casino's money laundering inquiry | Google hit with anti-monopoly lawsuit | Quibi already shutting down
Australian casino and gambling company Crown Resorts is facing an inquiry into money laundering breaches.Google has been hit with the biggest tech anti-monopoly lawsuit since Microsoft back in the 1990s.After raising $2.5 billion, streaming service Quibi is shutting down just months following its launch.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/22/2020 • 4 minutes, 56 seconds
v2food going global | NAB cops $15m fine | Amazon to pay you for data
Australian plant-based meat company v2food has locked in $77 million in new funding to go global.NAB is facing a $15 million fine after a court found the bank guilty of accepting unlicensed loan referrals.Amazon will pay consumers for information about what they’re buying outside of Amazon.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/21/2020 • 4 minutes, 57 seconds
Afterpay launching savings accounts | Starbucks aligning diversity to exec pay | Twitter, FB losing consumer trust at Election time
Afterpay will start offering savings accounts in 2021 as it makes its move towards banking.To boost diversity in its workforce, Starbucks is aligning diversity goals to the pay of its executives.Twitter and Facebook’s moves to moderate news in the lead up to the US Election is impacting revenue and consumer trust.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/20/2020 • 4 minutes, 56 seconds
RM Williams back in Aussie hands | Chemist Warehouse's crazy COVID numbers | Stripe buys Stripe (of Africa)
Australian mining magnate Andrew Forrest has bought RM Williams for $190 million.Chemist Warehouse has doubled its online sales during COVID as customers get used to ordering healthcare products online.Payments giant Stripe is acquiring a Nigerian startup known as “the Stripe of Africa”.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/19/2020 • 4 minutes, 55 seconds
Virgin's CEO replaced by former Jetstar boss | H&M and Zara under attack | Nine cuts Car Advice brand
Virgin Australia’s CEO has suddenly resigned and will be replaced by the former CEO of Jetstar.Fast-fashion leaders H&M and Zara are under attack from China’s fast-growing giant Shein.To gain more market share, Nine Entertainment is relaunching its Drive brand and is retiring its Car Advice brand.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter: https://www.flux.finance/newsletterInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/18/2020 • 5 minutes
Coles to cash in at Xmas | Zoom launching App Store-like ecosystem | Kahoot raises $300m from WeWork investor SoftBank
Coles is preparing for record Christmas sales as international travel bans force millions of Australians to holiday at home.Zoom is launching a new events marketplace and an App Store-like ecosystem of apps.Kahoot has picked up $300 million from WeWork investor SoftBank for its gamified learning platform.---Newsletter Giveaway: https://www.flux.finance/newsletterStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/15/2020 • 5 minutes
Afterpay off the hook | Apple's 5G flop | Twilio the Harry Potter of texts
Austrac has completed an audit into Afterpay’s compliance and “will not be taking any further action”.Apple’s company valuation dropped by $113 billion after it unveiled its first 5G iPhones.Twilio, the company that sends text messages for Uber and Airbnb, has make a $4.5 billion acquisition.---Get insights on your credit score: https://www.flux.finance/creditscoreNewsletter Giveaway: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/14/2020 • 5 minutes
Disney: Streaming the new no.1 | Bank Australia bans gambling | Tourism Australia launches $7m domestic campaign
Disney is totally reorganising its company, with its media and entertainment business to play second fiddle to its new streaming business.Bank Australia has banned its customers from gambling with its credit cards.Tourism Australia has launched a major domestic marketing campaign with a $7 million, 60-second commercial.---Newsletter Giveaway: https://www.flux.finance/newsletterStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/13/2020 • 5 minutes
Commbank's brand new logo | Toll taking on Aus Post | Coles shuts supermarkets
Commonwealth Bank’s logo is getting its first makeover in 30 years as the bank strives to reflect Australia’s “measured optimism”.Australian logistics giant Toll is investing in e-commerce delivery services and “dark stores” to compete against Australia Post.Last week over 800 Coles supermarkets had to turn away customers after an unidentified technical issue.---Newsletter Giveaway: https://www.flux.finance/newsletterStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/12/2020 • 5 minutes
Dick Smith caught up in scam | IBM spins off | Square leans in to bitcoin
Australian entrepreneur Dick Smith has been caught up in an online scam that promotes a fake cryptocurrency.IBM is spinning off a $26 billion part of its business to focus on a new opportunity in ‘the cloud’.Payments company Square has bought over 4,000 bitcoins for $70 million, believing it will be a ‘ubiquitous currency’.---Newsletter Giveaway: https://www.flux.finance/newsletterStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/11/2020 • 4 minutes, 59 seconds
Big pay day for Adore Beauty | Apple breaks up with Sonos | Ikea opens stores as world locks down
Adore Beauty is raising almost $270 million through its upcoming IPO, delivering a $92 million payday for the company’s founders.Apple is ending its relationship with Sonos and other audio retailers as the company enters the ‘out of ear’ headphone space.Ikea is opening 50 new stores even as shoppers move online.---Newsletter Giveaway: https://www.flux.finance/newsletterStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/8/2020 • 5 minutes
Maccas all in on celeb menus | News Corp backs away from criticisms | Aldi to cut plastics...by 2025
Following its successful collaboration with rapper Travis Scott, McDonald’s is partnering with music artist J Balvin for another celebrity meal deal.News Corp has backed away from its criticism of Big Tech, as Google and Facebook open their wallets to news companies.Aldi will cut its use of plastics by 2025, as customers demand the company does better by the environment---Newsletter Giveaway: https://www.flux.finance/newsletterStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/7/2020 • 5 minutes
The federal budget: made simple | Levi's gets into the shared economy | AirAsia launching physical restaurants worldwide
Personal tax cuts, infrastructure spending, and first homebuyer incentives are all part of this year’s federal budget.Levi’s is getting into the $45 billion re-sale market with a marketplace for worn jeans and jackets.AirAsia is launching restaurants around the world that serve its in-flight food.---Newsletter giveaway: https://www.flux.finance/newsletterStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/6/2020 • 5 minutes
Viagogo cops $7m fine | SPC is (finally) expanding | Uber sells Uber Freight stake
Ticketing website Viagogo has received a $7 million fine for misleading Australian customers.Australia's SPC is expanding into the frozen food and prepared-meals category.Uber is selling a $700 million ownership stake in its freight business, Uber Freight, to preserve cash.---Flux Newsletter Giveaway: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/5/2020 • 5 minutes, 8 seconds
Google to pay for news | Pepsi, Corona beer owners celebrating | Caesers, William Hill's $5b marriage
Google will pay news publishers $1.4 billion over the next three years to licence their content.Both PepsiCo and the owner of Corona beer are celebrating after their surprisingly successful last 3 months.Casino company Caesars Entertainment is embracing sports betting by acquiring William Hill for $5.2 billion.---Flux Newsletter Giveaway: https://www.flux.finance/newsletter---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/4/2020 • 5 minutes, 15 seconds
HelloFresh expands with EveryPlate | Disney theme parks struggling | Telstra drops lock-in contracts
HelloFresh is expanding after a massive rise in demand for its budget-priced brand, EveryPlate.Disney is laying off 28,000 employees as the coronavirus slams its theme park business.Telstra is dropping lock-in contracts for business customers as competition rises thanks to the NBN.---Flux Newsletter Giveaway: http://bit.ly/flux-newsletterInstagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
10/1/2020 • 5 minutes, 12 seconds
Allbirds and its Aussie investor | Huawei opens stores in Aus despite politics | Aussie startup expanding into Africa, Middle East
Allbirds has been valued at $2.4 billion and a small Aussie investor has taken an ownership stake.Huawei has opted to open new stores in Australia despite the political tension surrounding the company.Aussie payments company Airwallex has raised $56 million as it prepares to expand into the US, Africa and Middle East.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/30/2020 • 4 minutes, 59 seconds
A2 Milk's collapsing market | Dettol to clean up with Cricket Australia | Uber allowed back in London
A2 Milk has slashed expected sales for 2021 following a collapse in the ‘daigou’ market.Cricket Australia has locked in a new major sponsorship with Dettol.Uber has won a court battle in London that has given it the right to operate in the city again.---TikTok: https://www.tiktok.com/@flux.financeStart your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/29/2020 • 4 minutes, 58 seconds
Rex to take on Jetstar | Spotify, Epic and Match vs App Store | Amazon's quest to connect everything
Rex is negotiating a major investment to launch flights into Australian capital cities and compete with Jetstar and Virgin.Spotify, Epic Games, and Match Group have united to take on Apple and its supposedly unfair App Store policies.Amazon’s quest to connect everything in your home was on show as it announced updates for Echo, Alexa and Fire TV.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/28/2020 • 4 minutes, 58 seconds
Govt axes 'responsible lending' laws | Catch.com.au invests in robots | Playboy set to IPO
‘Responsible lending’ laws will be axed by the government, making it easier for Aussies to access credit.Catch.com.au is installing mobile robots at its distribution centre to keep up with competition.Playboy is nearing a deal to go public, which would value the company at around $600 million.---Start your money journey: https://www.flux.finance/Get insights on your credit score: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/27/2020 • 4 minutes, 55 seconds
NBN already needs $3.5b upgrade | Nike beats sales with latest strategy | Quibi suddenly exploring potential sale
NBN Co will spend $3.5 billion upgrading its network to achieve ‘blazing fast' internet for Australians.Nike beat sales expectations by more than $1.4 billion thanks to its latest e-commerce strategy.After launching in April, streaming startup Quibi is already exploring a potential sale after failing to take off during the pandemic.---Get credit score insights: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/24/2020 • 4 minutes, 58 seconds
Guzman y Gomez sales hit $1b | Harvey Norman earnings triple | Microsoft in biggest game acquisition ever
Guzman y Gomez is progressing towards an IPO as sales hit $1 billion.Harvey Norman’s earnings have tripled in two months as furniture and appliance sales surge.Microsoft is buying the maker of video games Doom and Fallout for $10.4 billion in the biggest gaming acquisition ever.---Start your money journey: https://www.flux.finance/Get credit score insights: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/23/2020 • 4 minutes, 58 seconds
Huawei ditching Australia | Snapchat, Jaden Smith launch show | Aussie banks caught up in global leak
The Australian division of Huawei is cutting staff and reducing investment in Australia.Snapchat has launched a social justice-focused show starring Jaden Smith, son of Will Smith and Jada Pinkett Smith.Australian banks have been named as moving potentially dirty money around the world.---Start your money journey: https://www.flux.finance/Get credit score insights: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/22/2020 • 4 minutes, 58 seconds
T2 Tea reviewing store strategy | Ray-Ban's of the future with Facebook | Uber goes green
T2 is reviewing its retail store strategy as customers move online.Facebook is teaming up with Italian sunglasses giant Luxottica on Ray-Ban 'smart glasses'.Uber says all of its vehicles will be electric by 2040, and will spend over $1 billion to help drivers switch to electric.---Mindful spending: https://www.flux.finance/Get credit score insights: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/21/2020 • 5 minutes
David Jones denies it's for sale | Stan to broadcast rugby? | Mulan, Tenet struggle for Disney, Warner Bros
David Jones has denied it is for sale despite reporting a $33 million loss.Channel Nine and Stan could become the broadcasters of rugby in Australia from 2021.Disney’s Mulan and Warner Bros’ Tenet struggled at the box office after their cinema releases last week.---Start your money journey: https://www.flux.finance/Get credit score insights: https://www.flux.finance/creditscoreInstagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/20/2020 • 4 minutes, 58 seconds
Kim Kardashian freezes Instagram account | YouTube announces TikTok rival | Australia on the way up (jobs wise)
Australia’s unemployment rate has improved to just 6.8% after the economy gained 111,000 new jobs.YouTube has announced its own TikTok competitor - Shorts.Kim Kardashian West has frozen her Instagram and Facebook accounts in protest against allowing ‘the spread of hate’.---Start your money journey: https://www.flux.finance/Instagram giveaway: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/17/2020 • 4 minutes, 59 seconds
Apple's big annual product reveal | Qantas looking for a new home | Pop star Akon building a new city
Apple has revealed two new watches, two new iPads and a subscription bundle.Qantas is searching for a new Australian headquarters as it prepares for a smaller workforce post COVID.Pop star Akon is building an $8 billion ‘smart city’ in Senegal - named Akon City.---Flux videos: https://www.flux.finance/Instagram giveaway: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/16/2020 • 4 minutes, 58 seconds
RM Williams to be acquired | Pepsi launches new stress-relief drink | DocuSign now cool thanks to rona
Investment company TPG Capital is set to acquire Aussie boots maker RM Williams.PepsiCo, the owner of Pepsi, is launching a new drink to grab a piece of the $1.4 billion sleep aid industry.COVID is transforming the formerly boring company DocuSign into a $50 billion tech darling.---Instagram giveaway: http://bit.ly/fluxinstaStart your money journey: https://www.flux.finance/TikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/15/2020 • 5 minutes
Rio Tinto execs resign following major blunder | TikTok rejects Microsoft | Suncorp cuts 550 jobs
Bosses at mining company Rio Tinto have been forced to resign after the company blew up an ancient Aboriginal heritage site.TikTok's owner ByteDance has rejected Microsoft’s offer to buy the company.Suncorp is cutting 550 jobs and is closing 20 branches.---Instagram giveaway: http://bit.ly/fluxinstaStart your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/14/2020 • 5 minutes
Tigerair shuts down for good | NAB and CBA trying to compete with Afterpay and co | Slack investors are not happy
Both NAB and Commbank have launched almost identical interest-free credit cards to fight off buy now, pay later competitors like AfterpayTigerair has officially folded under the pressure of COVID after new owners take control.Shares in work communication tool Slack plummeted last week because the investment world just ain’t happy with the rate of its growth.---Instagram and Giveaway competition: http://bit.ly/fluxinstaStart your money journey: https://www.flux.finance/TikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/13/2020 • 4 minutes, 59 seconds
Louis Vuitton owner ditches Tiffany takeover | Lululemon transforms into ecommerce darling | Former Myer CEO's big investment in Colette
LVMH, owner of Louis Vuitton, Christian Dior and Moet, is backing out of its $22 billion takeover of Tiffany & Co.With online sales growing by over 150%, Lululemon is transforming from retailer to ecommerce star.The former CEO of Myer has purchased 90% of struggling retail brand Colette.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/10/2020 • 4 minutes, 59 seconds
Salesforce to save Victoria | Tesla's worst day ever | SoftBank's $13b loss
Global technology giant Salesforce has been asked to improve Victoria’s COVID-19 contact tracing system.Shares in electric car company Tesla have suffered their worst trading day ever.SoftBank’s shares took a $13 billion hit after being unmasked as the ‘whale’ investor in Amazon and Netflix.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/9/2020 • 5 minutes
ANZ Bank threatens clients on climate change | JB Hi-Fi launches B2B service | Samsung building world's biggest drug plant
ANZ will cut carbon-heavy business customers if they refuse to deal with climate change.JB Hi-Fi has launched a business-focused subscription service known as “device as a service”.Samsung, known for its electronics, is building the world’s largest drug manufacturing plant.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/8/2020 • 4 minutes, 56 seconds
David Jones, Country Road underpay staff | Australia's CSL joins vaccine race | Amazon launching drone program
Australia’s biggest health company CSL will manufacture two COVID-19 vaccines in Australia - expected early 2021.Retailers David Jones and Country Road are the latest to admit to underpaying staff.Amazon has been approved to launch its new Delivery Drone Program.---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/7/2020 • 4 minutes, 59 seconds
Zoom's record profits | Nestle pivots to health products | Woolies enters new industry
Zoom’s profit skyrocketed by over 3000% between April and June.Nestle is paying $3.5b for a peanut allergy company as it pivots to health products.Woolworths’ $300m investment in PFD Food Services means it will become a food distributor as well as a supermarket.---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/6/2020 • 5 minutes
Australia's first recession in decades | Bumble's big IPO plans | Spotify's $100m man debuts
COVID has pushed Australia into its first recession in nearly three decades.Dating app Bumble is said to be preparing for an IPO worth around $8 billion.Spotify’s $100 million investment in Joe Rogan’s podcast made its debut this week,---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/3/2020 • 4 minutes, 58 seconds
Facebook v Australia Round 1 | Netflix launches free version | PayPal takes on Afterpay, Zip
Facebook has threatened to prevent Aussies from sharing news if proposed government regulations are implemented.PayPal is launching a new buy now, pay later service to compete with Afterpay and Zip.Netflix has launched a new global website, that is free, to attract new customers,---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/2/2020 • 4 minutes, 58 seconds
Uber Eats unveils ads | NAB offloads wealth business | Amaysim sells Click Energy to AGL
Uber Eats has unveiled its new advertising format with sponsored restaurant listings in-app.NAB’s superannuation and financial advice business, MLC Wealth, is being sold to IOOF for $1.4 billion.Mobile phone retailer Amaysim is selling its energy business, Click Energy, to AGL for $115 million.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
9/1/2020 • 5 minutes
Movie World owner loses $117m | Lockdown very kind to Arnott's | Amazon enters the wearables world
The owner of Warner Bros Movie World and Wet ‘n’ Wild lost $117 million last financial year.Lockdown has resulted in a major jump in sales for Arnott’s, the owner of Timtams and Shapes.Amazon has officially entered the wearables market with its new Halo wristband.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/31/2020 • 4 minutes, 59 seconds
Spotify's virtual music events | Tiktok being chased by Walmart-Microsoft combo | PointsBet gets investment from NBCUniversal
Spotify is developing a new feature for virtual music events.Global retail giant Walmart has partnered with Microsoft in an attempt to buy TikTok.US media giant NBCUniversal has make a major investment in Australian online betting company PointsBet.---Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/30/2020 • 4 minutes, 53 seconds
Naughty Napster sold for $70m | Flexigroup becomes 'humm' | Biggest IPO ever?
Napster, the formerly notorious music sharing website, has been sold for $70m to a virtual reality concert company.FlexiGroup is rebranding to ‘humm’ and is pivoting from lending to buy now, pay later.The upcoming IPO of China’s Ant Group could be the biggest IPO in history.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/27/2020 • 5 minutes
Facebook to cut Aus in news launch | Xero acquires Aussie company | Aus govt kills Lion Dairy deal
Accounting software giant Xero has acquired Australian lending company Waddle for an upfront amount of $31 million.Facebook will soon launch its new News feature globally, but Australia is unlikely to be included.The Australian government has killed off the $600 million sale of Lion Dairy to a Chinese company as political tensions escalate.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/26/2020 • 4 minutes, 59 seconds
AFL grand final to be snatched by QLD | Shaver Shop cashes in on DYI demand | Asana follows Spotify and Slack
Queensland is set to snatch Melbourne’s AFL grand final - in a deal that could cost Victoria’s economy over $50 million.Shaver Shop’s online sales have doubled in 2020 as demand for DYI products accelerates.Silicon Valley tech darling Asana will follow Spotify and Slack with a ‘direct listing’ IPO.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/25/2020 • 5 minutes
Stan embraces Aussie shows | Vodafone loses student revenue | Suncorp cuts oil and gas
Streaming service Stan is doubling down on original content, launching 30 of its own Australia-made productions.A lack of international students in Australia has contributed to Vodafone’s revenue plunge.Suncorp has announced it will stop investing in oil and gas projects.---Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/24/2020 • 4 minutes, 59 seconds
Qantas wants to break down borders | Vinomofo to IPO | Sharemarket booming on US tech
Qantas wants government support to break down borders and encourage intra-state travel.Vinomofo is looking to make the most of recent interest in online retailers by going public.US tech stocks are leading the way for the share market bull market - and it's affecting us down under.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/23/2020 • 5 minutes
Apple hits US $2 trillion | Afterpay doubles profit expectations | Germany trialing universal basic income
Apple’s value has doubled in two years, becoming the first US company to be worth $US2 trillion.Afterpay has almost doubled its profit expectations for 2020 after better than expected loan repayments.Germany has become the latest country to trial ‘universal basic income’.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/20/2020 • 5 minutes
Mecca expands to China | Oracle chasing TikTok | Nissan and Honda to merge?
Australian cosmetics giant Mecca has expanded into China.Oracle, the world’s second largest software maker, has joined the race to buy TikTok.It has been revealed that Japanese officials tried to push car giants Nissan and Honda to merge.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/19/2020 • 5 minutes
Ryan Reynolds sells gin brand | Google Australia fights back | JB Hi-Fi, Kogan dominating in COVID
Google has attacked the ACCC’s plans to force it to pay news publishers for content.JB Hi-Fi and Kogan have reported major rises in sales, as shoppers move online to make purchases during COVID.Diageo, the maker of Johnnie Walker and Smirnoff, is buying Ryan Reynolds’ gin company.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/18/2020 • 4 minutes, 55 seconds
Smiggle owner's controversial rent deal | Channel 10 owner being circled | Woolies invests in another startup
Smiggle owner Premier Investments has arranged a controversial rent deal in the UK where it has 130 stores.‘Activist investors’ are circling Channel 10 owner ViacomCBS after the company’s owner passed away last week.Woolworths’ new venture capital division has invested in another startup, search engine marketing company Longtail UX.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/17/2020 • 4 minutes, 59 seconds
Telstra loses $200m on international roaming fees | Woolies appoints chief medico | Apple bans Fortnite
Telstra will lose $200 million from lost international roaming fees this financial year.In a sign of the future for corporate Australia, Woolworths has appointed a chief medical officer.Apple has suddenly banned the wildly popular video game Fortnite from the App Store.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/16/2020 • 4 minutes, 57 seconds
Facebook creating payment network | Tesla making its shares affordable | WFH just a phase: Transurban
Facebook is creating a major digital payments network across Messenger, Instagram and WhatsApp.Australian toll road giant Transurban believes working from home is merely a phase.Tesla plans to ‘split’ its shares, making it more affordable for everyday people to buy Tesla shares.---Free credit scores: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/13/2020 • 4 minutes, 58 seconds
Coles cutting catalogues | Seek thinking long term after loss | Airbnb surprise IPO?
Coles is getting rid of its printed catalogues as more of its customers move online.Airbnb is reportedly close to filing for an IPO, a surprise considering the company recently cut a quarter of its workforce.Seek is focusing on the long-term and is investing for the future despite a $112m loss in its latest results.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/12/2020 • 4 minutes, 59 seconds
Apple refuses Big Tech games on App Store | Sydney Airport raising $2b | Retailers profiting thanks to JobKeeper
Apple is refusing to allow gaming apps from Microsoft, Google, and Facebook onto the App Store.Sydney Airport is raising $2 billion after losing over $50 million between January and June.Some retailers receiving JobKeeper are earning higher profits and paying increased ‘dividends’ to shareholders.---Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/11/2020 • 4 minutes, 59 seconds
Foxtel's Binge, Kayo growing | Napoleon Perdis and David Jones unite | WeChat banned suddenly
Foxtel’s streaming services Binge and Kayo have added 400,000 subscribers collectively during COVID.WeChat, China’s leading social media app, has suddenly been banned in the US over security concerns.Aussie cosmetics brand Napoleon Perdis is using its second life to launch into David Jones exclusively.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/10/2020 • 4 minutes, 57 seconds
UberEats beats Uber | Realestate.com.au sales decline | Myer given a break by lenders
Realestate.com.au owner REA Group has reported a 6% decline in revenue with lockdowns impacting property listings.Uber has reported a $2.5 billion loss as UberEats outperforms Uber for the first time.Myer has been given a reprieve by its lenders because of the impact of COVID on its operations.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/9/2020 • 4 minutes, 54 seconds
Influencers evade ACCC | Ancestry.com's $6.5b pay day | Discord expands into mainstream video
The ACCC has admitted that it has never penalised social media influencers for not disclosing sponsored posts.Ancestry.com is being acquired for $6.5 billion.Discord, one of the world’s fastest growing gaming apps, has raised $139 million to expand further into video communication.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/6/2020 • 4 minutes, 56 seconds
Virgin cuts Tigerair and 3000 workers | Disney cops $7b hit | Tinder keeps growing
Virgin Australia is cutting the Tigerair brand and 3,000 workers.Disney has taken an almost $7 billion hit in its latest financial results.Tinder added 200,000 users in the last 3 months, taking its subscriber numbers to 6.2 million.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/5/2020 • 4 minutes, 57 seconds
Maccas hits new record | Aussie MPs happy with potential Microsoft-TikTok combo | Australia's lost supermarket chain
Online delivery orders for McDonald’s in Australia have hit record highs with 10% of orders now made online.Australian government MPs have said Microsoft acquiring TikTok would resolve their security concerns about TikTok.The Australian arm of German supermarket giant Kaufland lost over $250m last year before closing down abruptly pre-launch.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/4/2020 • 4 minutes, 58 seconds
Bonds to the rescue | Mastercard, Alibaba, Blockchain Australia unite | PayPal profit soars with online payments
The owner of Aussie underwear brand Bonds is rushing 4 million masks to Australia to meet demand.MasterCard, Alibaba and Blockchain Australia have united to authenticate and track food and wine using blockchain.PayPal’s profit has increased 86% as consumers shift from using cash payments in stores to online payments.---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
8/3/2020 • 4 minutes, 58 seconds
Trump to ban TikTok | David Jones and BP start romance | Big Tech on notice
A historic hearing in US Congress has put Amazon, Apple, Facebook and Google on notice, with their CEOs arguing they are not monopolies.Petrol company BP will stock David Jones’ pre-prepared meals and gourmet groceries as part of a new partnership.Donald Trump has said he will ban TikTok from operating in the United States.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Adore Beauty is preparing for an IPO, rumoured to be worth $600 million.Global e-commerce platform Shopify reported impressive results this week as its strives to dethrone Amazon.TransferWise, the money transfers company, has a new valuation of almost $7b after a ‘secondary share sale’.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/30/2020 • 4 minutes, 58 seconds
Telstra & Optus brawl again | Instagram stealing TikTok's stars? | Kodak is back, with drugs
Telstra has accused Optus of misleading customers over the quality and reach of its mobile network.Instagram has reportedly offered cash to high-profile TikTok stars to lure them into using its TikTok clone Reels.Following its pivot from photography to drugs, Kodak’s share price jumped 300% after landing a US$765m government loan.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/29/2020 • 4 minutes, 56 seconds
Jennifer Hawkins: Bubs' new ambassador | Hasbro movie-toys struggling | Gold hits best value since 2011
Infant formula company Bubs is expanding into kids vitamins and has signed up Jennifer Hawkins as brand ambassador.Hasbro’s movie-toys division had a 35% drop in sales as movies releases continue to be delayed.The price of gold hit its highest point since 2011 as investors try to protect themselves from volatile share markets.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/28/2020 • 4 minutes, 55 seconds
Coles launches another giveaway promo | Klarna-CBA partnership scaring Afterpay? | Uber & Google Maps hook up
Coles is launching another promotion aimed at kids, hoping to replicate the success of its Little Shop collectables campaigns.Afterpay rival Klarna has hit 250,000 Australian users and is using its partnership with Commbank to keep growing.Uber has signed a 4-year partnership with Google Maps so that Uber can run on Google Maps globally.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/27/2020 • 4 minutes, 55 seconds
Spotify & Universal's new partnership | Tabcorp's C-suite exodus | Hollywood delays major releases
Gambling giant Tabcorp has announced the departures of both its CEO and chairman as competitors gain marketshare.Taylor Swift’s record label Universal has partnered with Spotify to test a new, potentially lucrative revenue stream for Spotify.The releases of several high profile Hollywood movies have been delayed as COVID continues to impact cinemas globally.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/26/2020 • 4 minutes, 56 seconds
Australia's gigantic budget deficit | TikTok playing with Trump | Microsoft flying, LinkedIn cutting jobs
Australia’s budget has blown out to its biggest deficit since 1945.TikTok is planning to add 10,000 jobs in the US while the Trump administration considers banning it.Microsoft doing well while LinkedIn is cutting 960 jobs as the pandemic puts the brakes on corporate hiring and advertising.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/23/2020 • 4 minutes, 56 seconds
Snap, Headspace launch mini meditations | Uber rival Ola back in business | 8 magazines shutting down in Aus
Bauer Media Australia is shutting down 8 magazines including OK!, Men’s Health and Harper’s Bazaar.Snap and meditation app Headspace have launched a new partnership focused on mini meditations.Uber competitor Ola says ride sharing is almost back to pre-COVID levels in WA, QLD & SA (but not in VIC & NSW).---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/22/2020 • 4 minutes, 59 seconds
JobKeeper extended | Kanye West v Gap | Twitter's celebrity hack
The government is extending JobKeeper for six months and is splitting it into two tiers.Shares in retailer Gap fell 6% after Kanye West threatened to walk away from his Yeezy brand’s collab deal with Gap.Twitter suffered a major hack last week with many celebrities promoting a bitcoin scam.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/21/2020 • 5 minutes
Kogan misled customers | Big banks worried about 'open banking' | Zoom launches new product
The big banks are concerned the new ‘open banking’ regime will allow global tech giants to access customer bank data easily.The Federal Court has ruled that Kogan misled customers on a promotion by increasing prices just before offering discounts.Zoom is entering the hardware space with its new video chat monitor, Zoom for Home.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/20/2020 • 5 minutes
Lorna Jane forced to rebrand new line | Telstra pricing attracting negative attention | Netflix misses the mark for investors during lockdown
Lorna Jane is being forced to rebrand a new clothing line because it was being promoted as “anti-virus” activewear.Telstra is attracting negative attention after announcing price increases during COVID.Netflix shares dropped 12% when the company announced earnings were lower than expected during the lockdown months of April to June.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: https://www.tiktok.com/@flux.finance---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/19/2020 • 5 minutes
Radio stations feeling the pandemic pain | Alibaba CEO cashing out | Foreign debt at 21 year low
Advertising revenue for radio stations in Australia dropped over 45% between April and June this year.The founder of Alibaba, named Jack Ma, is cashing out billions of dollars in Alibaba shares.Australia's foreign debt reached a 21-year low in the March quarter of this year.---Start your money journey: https://www.flux.finance/TikTok: https://www.tiktok.com/@flux.financeInstagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/16/2020 • 4 minutes, 54 seconds
Afterpay partners with Apple and Google | Fast-growing oat milk raises $285m | UK government cuts ties with Huawei
Afterpay has established partnerships with Apple Pay and Google Pay that will allow Afterpay payments to be made through smartphones.Fast growing oat milk brand Oatly has raised a whopping $285 million.The British Government has banned Chinese technology giant Huawei from its 5G network.---Start your money journey: https://www.flux.finance/TikTok: https://www.tiktok.com/@flux.financeInstagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/15/2020 • 4 minutes, 58 seconds
PepsiCo with delicious financial results | JobKeeper 2.0 announced with a warning | Virgin's white knight saves the day
Virgin Australia’s prospective new owner, Bain, injected $125 million into Virgin to make sure it survived.JobKeeper 2.0 has been announced for beyond September but the Treasurer has a warning for businesses.PepsiCo has embraced the recent trend of companies not telling investors how they expect to perform in the future.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/14/2020 • 4 minutes, 57 seconds
Channel 10 launching kids channel | Google's Fitbit buy set for outcome | Quibi loses 90% of users
Network Ten, the owner of Channel 10, is launching a new kids channel to generate more advertising revenue.Google’s $3 billion acquisition of Fitbit is set to be approved or rejected by regulators this week.Despite raising $2.5 billion from investors, new streaming company Quibi has reportedly lost 90% of its users after their free trials expired.---TikTok: https://www.tiktok.com/@flux.financeStart your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/13/2020 • 5 minutes
TikTok facing political criticism | Twitter may launch paid version | American Express to compete with Afterpay
TikTok could soon be making big changes as it faces criticism from politicians over links to the Chinese government.Twitter may be launching a paid, subscription-based version of Twitter.American Express is launching its own version of 'buy now, pay later' to compete with Afterpay in Australia.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/12/2020 • 5 minutes
Woolies v Coles: online grocery market | Freedom Foods shares suspended to October | Penfolds owner predicting big losses
Shares in Freedom Foods will remain suspended until the end of October as the company investigates possible accounting issues.Woolworths now has more than double the market share of Coles in the online grocery market.Treasury Wine Estates, the owner of Penfolds and Wolf Blass, is predicting profits to be 20% lower than last year.---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/9/2020 • 5 minutes
Banks extend loan repayment holidays | Uber acquires food delivery giant | 2.4m Aussies accessing super early
Australian banks are extending repayment holidays for borrowers by another four months.Uber is acquiring another food delivery giant, Postmates, for around $3.8 billion.More than 2.4 million Australians have been approved to access their super early as part of the government’s early access scheme.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/8/2020 • 4 minutes, 54 seconds
Allbirds expands | Reject Shop feeling the love | Rockpool & Neil Perry break up
The Reject Shop could be worth $3 billion over the next decade, as cost-conscious consumers embrace discount retailers, according to Morgan Stanley.Celebrity chef Neil Perry has abruptly retired from the company he founded - Rockpool Dining Group.Allbirds, the New Zealand-American company that designs environmental friendly footwear, is expanding into apparel.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/7/2020 • 4 minutes, 59 seconds
Afterpay & Qantas hook up for points | Tesla: most valuable car company | Twitch beats own record
Afterpay and Qantas have partnered on frequent flyer rewards points.Tesla has replaced Toyota as the world’s most valuable car company and is now worth more than Disney and Coca-Cola.Online video gaming platform Twitch has beaten its own record with 5 billion hours watched in the last 3 months.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/6/2020 • 4 minutes, 57 seconds
Lululemon spends over $700m on tech | Facebook shuts TikTok, Pinterest clones | Webjet raising $163m
Webjet is raising $163 million to pay down loans and potentially buy other companies.Facebook is shutting down its Pinterest clone Hobbi and its TikTok clone Lasso after failing to gain traction with both.Athleisure brand Lululemon has spent over AU$700M to buy Mirror, a home fitness tech company.---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/5/2020 • 4 minutes, 59 seconds
Woolies cops $1m spam fine | Temple & Webster raises $40m | Big Oil facing bigger problems
Woolworths has been fined over $1 million for spamming customers after they had unsubscribed from promotional messages.Temple & Webster, the online homewares retailer, has raised $40 million following a major jump in sales during lockdown.Oil companies are facing their biggest challenges in decades as demand for oil remains low, and the focus on eco-friendly energy accelerates.---Start your money journey: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/2/2020 • 5 minutes
KFC's finger lickin' share price | New York Times v Apple News | Chemist Warehouse profits from lockdown
Australia’s largest pharmacy chain, Chemist Warehouse, has seen sales drop but profits increase as a result of COVID lockdowns.Shares in the owner of KFC Australia jumped over 18% due to strong performance during lockdown thanks to online orders.The New York Times has ended its partnership with Apple News, opting to build direct relationships with readers instead.---Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
7/1/2020 • 4 minutes, 57 seconds
Seafolly seeking new owner | Facebook drops by $90b | Rex Airlines taking on Qantas, Virgin
Seafolly is seeking a new owner after falling into voluntary administration, becoming COVID’s latest fashion victim.The value of Facebook dropped $90 billion this week, as advertisers continued to boycott the company by pausing ad spending.Australian airline Regional Express (Rex) is planning to raise $30 million and buy new planes to take on Qantas and Virgin.---Check your credit health: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/30/2020 • 4 minutes, 39 seconds
Kikki.K acquired to stay alive | TikTok launches ad platform | Amazon buys Aussie-founded company
Upmarket Australian stationary retailer Kikki.K is being sold to a US-based company to keep Kikki.K alive.Amazon has acquired Australian-founded self driving car startup Zoox for $1.7 billion.TikTok has launched its ad platform TikTok For Business for brand marketers and advertisers.---Check your credit health: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/29/2020 • 4 minutes, 59 seconds
Virgin Australia sold | Vodafone & TPG are Insta-official | Google finally pays for news
Virgin Australia has been sold to investment company Bain Capital after the other company in the bidding process, Cyrus, dramatically pulled its bid.For the first time, Google has agreed to pay for news content, after locking in agreements with Australian publishers.Vodafone and TPG have finalised their $15 billion merger, meaning Australians can expect more competitive broadband and mobile phone plans.---Check your credit health: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/28/2020 • 5 minutes
Qantas cutting 6000 jobs | iPhones get a 2020 makeover | Amazon launches climate investment fund
Qantas is cutting 20% of its workforce, 6000 workers, as part of its COVID recovery plan.Amazon is launching a $2 billion investment fund to invest in climate technologies across transportation, storage and food.Apple iPhones will get an all new look in 2020 as Apple unveils a radical shake-up for the iPhone.---Check your credit health: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/25/2020 • 4 minutes, 56 seconds
Nestle rebranding Red Skins, Chicos | Woolies spends big on automation | Aus economy in global top 10
Nestle is changing the names of Australian lollies Red Skins and Chicos, following global anti-racism protests.Supermarket chain Woolworths will spend $780 million on automated, hi-tech warehouses, which will result in 1,350 lost jobs.Australia is 1 of just 10 countries to retain its perfect ‘AAA’ credit rating despite the coronavirus and global recession.---Check your credit health: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/24/2020 • 4 minutes, 59 seconds
Canva now worth $8.7b | Patagonia boycotts Facebook | Deloitte Australia makes big job cuts
Canva, the Aussie graphic design tech company, is now valued at $8.7 billion - the most valuable private tech company in Australia.Patagonia has joined The North Face in boycotting Facebook and Instagram as part of the 'Stop Hate for Profit' campaign.Deloitte is the latest professional services firm to make significant cuts to its Australian workforce following major drops in revenue.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/23/2020 • 4 minutes, 58 seconds
ABC underpaid employees $12m | Carsales driving web traffic | Almost $3b goes missing
The ABC underpaid employees by $12 million over more than six years.Website traffic at Carsales has had a significant rise over the last 8 weeks, as car buying and selling is embraced post lockdown.Almost $3 billion has disappeared from European tech company Wirecard, with the CEO quitting following the revelation.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/22/2020 • 4 minutes, 59 seconds
UberEats rival DoorDash raises almost $600m | Aussies slowly embracing paid online news | Govt to overhaul uni fees
UberEats rival DoorDash has raised nearly $600 million and is now valued at $23 billion.The number of Australians who pay to read news online has gone up by 100% in the last 4 years.The Australian government will overhaul uni fees to encourage students to study for jobs in priority industries.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/21/2020 • 4 minutes, 58 seconds
Spotify and Kim Kardashian start romance | LinkedIn Aus launches 'stories' | Women's Weekly owner selling up
The owner of Women’s Weekly and New Idea is selling its magazines company and is exiting Australia altogether.LinkedIn is the latest social media company to launch a ‘stories’ feature in Australia.Spotify has locked in the exclusive rights to a new Kim Kardashian West podcast.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/18/2020 • 4 minutes, 52 seconds
Virgin's potential owners: cost v culture | WeWork Australia relies on parent | Tech's latest sensation: Cameo
The two companies vying to own Virgin Australia would run it very differently to eachother: low-cost v culture first.WeWork Australia is depending on its US owner to fund its operations and ensure it survives the pandemic.Cameo, an app that lets users pay celebrities to send personalised video messages, is the world’s latest tech sensation.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/17/2020 • 5 minutes
WhatsApp launches payments | Apple App Store generates $519 billion | Aussie tech company misled investors: ASIC
After months of testing and PR, WhatsApp has finally launched in-app payments.Logistics company GetSwift misled investors over its profit potential according to Australia’s corporate regulator.Apple’s App Store generated $519 billion in sales for 2019. Timing of the report was interesting though.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/16/2020 • 5 minutes
Amazon Australia launches online bottle-o | Starbucks' post pandemic pivot | Aussies fall in love with the sharemarket
Amazon Australia has launched an online bottle-o, capitalising on the rise in alcohol consumption during lockdown.Starbucks is launching a new store format for the post COVID world, as the pandemic drags down sales by $4.6 billion.Australia's up and down sharemarket in 2020 has attracted a major influx of non-professional investors seeking to make money fast.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/15/2020 • 4 minutes, 59 seconds
Netflix, Stan to invest in local content? | JB Hi-Fi's best profit growth in 10 years | Sony PlayStation's big reveal
A new government proposal to modernise media regulations could mean Stan, Netflix and Disney+ would be required to invest in local Australian content.Thanks to lockdown, JB Hi-Fi is set to achieve its biggest profit growth in 10 years.Japanese electronics giant Sony has finally revealed the PlayStation 5, but did Sony miss its golden opportunity?---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/14/2020 • 4 minutes, 55 seconds
NAB spends $50m on ethics | IBM cuts tech to save human race | Aussie business is battling: Prospa results
NAB will spend $50 million on new courses to improve the ethical and professional standards of its 34,000 staff.IBM is cutting its facial recognition business because it could lead to mass surveillance and inequality.Online business lender Prospa’s latest results reveal the extent to which Australian small businesses are battling.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/11/2020 • 5 minutes
Airbnb is back | Domino's emerges from shutdown | Tesla's new enemy
Domino’s has emerged from lockdown well, thanks to its focus on tech and delivery, rather than in-store dining.Airbnb has restarted conversations about an IPO in 2020 despite raising an emergency $2 billion in April.Tesla has new competition in the electric car market following startup Nikola’s successful IPO.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/10/2020 • 5 minutes
F45 IPO on hold | Bunnings flying as DIY demand jumps | Slack v Zoom: Slack loses
F45’s IPO is on hold as the pandemic has forced the company’s studios to close and therefore revenue to fall.Bunnings has achieved its strongest sales growth in decades due to a rise in demand for home repairs and DIY jobs.Slack’s share price dropped 16% when investors compared its growth plans for the next year against Zoom’s growth plans.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/9/2020 • 4 minutes, 59 seconds
Kogan worth five times Myer | AFL asks Sportsbet to go easy | Louis Vuitton & Tiffany marriage over?
Online retailer Kogan is worth five times more than Myer after jump in sales during lockdown.The AFL has asked Sportsbet to avoid releasing controversial ads as the season restarts this week.The owner of Louis Vuitton is exploring ways to renegotiate its $16.2 billion purchase of Tiffany.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/8/2020 • 4 minutes, 55 seconds
Kim Kardashian may launch new brand | McDonald's battling with health-loving Aussies | Home builders can get $25k cash grant
New home builders and renovators can get $25k cash grants under new government program.Profit at McDonald’s Australia has dropped as Aussies become more health conscious and prefer home delivery.Beauty industry giant Coty is in talks with Kim Kardashian on creating a new brand together after the company’s recent Kylie Cosmetics deal.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/4/2020 • 4 minutes, 53 seconds
Woolworths' $57m staff bonus | Zip entering US market | Rio Tinto destroys ancient Aboriginal site
Woolworths has given staff $57 million in bonus shares.Zip will enter the US after acquiring buy now pay later company QuadPay for $400 million.Rio Tinto is facing significant brand damage after destroying an ancient Aboriginal site.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/3/2020 • 4 minutes, 59 seconds
Amazon entering Aussie pharmacy industry | Emirates 4 years from full return? | $100bn expected for impact investment sector
Amazon has taken the next step in entering the Australian pharmaceuticals sector with a new trademark application.‘Impact investments’ with an environmental or social purpose are expected to reach $100 billion in next five years.Emirates could take four years to resume flying to its entire network following the pandemic.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/2/2020 • 4 minutes, 59 seconds
Facebook Australia's tiny tax bill | Australia could avoid recession | Twitter investors not worried about Trump
Facebook Australia earned over $650 million from advertisers in 2019, but its income tax was less than $17 million.Australia could avoid a recession and maintain its record of having the longest running economic growth streak in the world.Twitter’s investors were unfazed after Donald Trump targeted social media giants with an Executive Order.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
6/1/2020 • 5 minutes
TikTok owner beats YouTube revenue | SpaceX first company to space | Optus profits drop over 80%
Optus profits have dropped over 80% due to COVID, bushfires and intense competition.SpaceX has become the first private company to try to send humans to space.TikTok owner ByteDance made $3 billion profit last year - and earned more revenue than YouTube.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/31/2020 • 5 minutes
David Jones may sell flagship stores | Amazon considering $3b self-driving startup acquisition | Freelancer ready to thrive in crisis
After consistent losses, David Jones is considering selling its properties, including its flagship stores in Sydney and Melbourne, to reduce debt.Freelancer, the Australian freelancing marketplace, is enjoying an all-time high in user numbers - and believes it will thrive in a crisis.Amazon is in talks to buy Australian-founded self-driving car company Zoox for over $3b.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/28/2020 • 5 minutes
Afterpay & Ticketek start romance | Lizzo, Katy Perry marketer set for IPO | The Iconic goes 100% green (on satchels)
Afterpay and Ticketek have announced a new partnership in preparation for a post-shutdown events boom.Warner Music, the marketer of music by Katy Perry and Lizzo, is preparing for a $2.7b IPO.The Iconic is moving to 100% recycled delivery satchels to reduce the company's impact on the environment.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/27/2020 • 4 minutes, 59 seconds
Google's drones delivering for Australia | Tooheys, XXXX Gold owner bringing 'healthy alcohol' to Aus | Aus economy in intensive care
Google’s drone deliveries soar in Australia as online shopping goes nuts during pandemic.Prime Minister Scott Morrison reckons it is time to take the Australian economy out of 'intensive care' with a new $1.5b program.Lion, owner of Tooheys and XXXX Gold, is bringing 'healthy alcohol' brand White Claw to Australia---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookWeb: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/26/2020 • 4 minutes, 59 seconds
BuzzFeed closing due to poor ad market | Accolade Wines offering big discounts | Alibaba sales surge, but shares down
Accolade Wines, Australia's second largest wine company, is offering big discounts to bars, pubs and restaurants as they reopen post COVID.The poor ad market has led to the closure of BuzzFeed in Australia, as well as 10 Daily.Alibaba, the Amazon of China, has enjoyed a huge sales surge - but strangely, its shares dropped.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/25/2020 • 5 minutes
Target closing stores and cutting jobs | Hertz files for bankruptcy | Magic Leap struggling but raises $350m
Wesfarmers, the owner of Target, has announced it will close up to 75 Target stores and cut 1,300 jobs.Hertz, one of world’s biggest car-rental companies, has filed for bankruptcy with about $29 billion in debt.Magic Leap, the much hyped (but struggling) augmented reality tech company has some raised $350 million despite the pandemic.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/24/2020 • 5 minutes
Government rejects Queensland's investment offer for Virgin | Zoom says 'try catch us' to Google & FB | Woolworths invests in Aussie consumer startup
The Australian government has rejected an offer from the Queensland government to invest in Virgin Australia.Video conferencing behemoth Zoom is confident that global giants Google and Facebook have “no chance” at catching up to Zoom.Woolworths has participated in an $8 million funding round for a new Aussie startup that builds and launches consumer brands.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/21/2020 • 4 minutes, 57 seconds
13cabs takes on UberEats | Facebook enters e-commerce to fight Amazon | Spotify keeps building podcast empire
13cabs is entering the food delivery market to take on Uber Eats and Deliveroo.Facebook is taking on Amazon and eBay with its new ‘Shops’ feature - its biggest move into e-commerce yet.Spotify continues to build its podcast empire with the $100m acquisition of the Joe Rogan podcast.---Email: [email protected]: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/20/2020 • 4 minutes, 37 seconds
TikTok poaches from Disney | Microsoft, Seek invest in Aussie startup | $18bn: SoftBank's largest loss in history
Disney’s head of streaming is leaving to become CEO of TikTok.Salesforce, Microsoft and Seek invest over $60m in Aussie training platform GO1.SoftBank’s Vision Fund, the world’s biggest tech investor, has reported its largest loss in history - $18 billion!---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookCash burn tool: www.flux.finance/cashburn---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/19/2020 • 4 minutes, 57 seconds
Foxtel launching Netflix rival | Lululemon sales soar thanks to WFH | Huawei in the middle of tech cold war again
Foxtel is set to launch its new streaming service Binge next week.Lululemon sales soar as working from home attire becomes the company's new best friend.Huawei, the Chinese phone maker and telecommunications company, is once again right in the middle of tensions between China and the US.---Facebook group: http://bit.ly/whatthefluxgroupCash burn tool: www.flux.finance/cashburnWeb: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/18/2020 • 5 minutes
Kogan buys Matt Blatt furniture | Facebook acquires Giphy for $400m | Bondi Sands chatting to investors
Kogan.com, the online retailer, is entering furniture and homewares with the acquisition of the furniture company Matt Blatt.Facebook has acquired Giphy, the animated gif search engine, in a deal worth around $400 million.Bondi Sands, known for its self tanning products, is speaking to potential investors about a full or partial acquisition.---Cash burn tool: www.flux.finance/cashburnWeb: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/17/2020 • 5 minutes
Google & FB to pay $600m to Aus media companies? | Houseparty embracing new direction | Xero finally achieves first profit
Xero, the cloud accounting giant, has achieved its first full year of profit after 14 years.Facebook and Google should pay around $600 million a year to Australian media companies according to Peter Costello - Chairman of Channel Nine and former federal treasurer.Houseparty, the video chat app, is embracing a new direction: co-watching live video with friends.---Cash burn tool: https://bit.ly/FluxcashburnWeb: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/14/2020 • 4 minutes, 54 seconds
Atlassian becomes chummy with Slack | EY staff against returning to work | Burger King: fast food will never be the same
Australia’s Atlassian has acquired a startup to become more integrated with the popular messaging app Slack.EY, the professional services firm, has admitted that 20% of its staff do not want to return to the office as the Australian government prepares to kickstart the economy.Restaurant Brands International, the global company that owns Burger King and other fast food chains, believes the fast food industry will look significantly different after COVID-19.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/13/2020 • 4 minutes, 59 seconds
Richard Branson desperate to save airlines | A totally new retail rent model? | REX to poach Virgin's lunch
Australia’s third airline, Regional Express Holdings (aka REX), is set to capitalise on Virgin Australia's collapse by launching flights between Australia’s capital cities. Australia’s largest retail company, Premier Investments, is pushing for a totally new rent model for landlords - based on a percentage of sales rather than fixed monthly fees. To save his struggling airlines, Richard Branson, the British entrepreneur and founder of Virgin Group, is selling over $700 million worth of shares in his space travel company.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/12/2020 • 5 minutes
Channel Ten to launch new channel | Shopify meshes Insta and Amazon with 'Shop' | New BNPL to help retailers
Channel Ten is getting ready to launch a new channel later this year with a special focus on the 16-39 year-old age bracket. Shopify, the e-commerce platform, has launched a new consumer-facing app that meshes Instagram and Amazon. A new Aussie start-up named LimePay has built a new version of Afterpay that lets retailers create their own form of buy-now-pay-later. ---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/11/2020 • 4 minutes, 40 seconds
Vodafone & TPG getting married | Nintendo's best profit in 9 years | Toll Group hacked again in 2020
After almost two years of dating, TPG and Vodafone have been given the green light to get married (aka merge), - and the wedding is set for July. Nintendo’s annual profit has risen by over 40% - Nintendo’s best numbers in 9 years. Toll Group, the Australian logistics giant, has suffered a second major cyber attack this year. ---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/10/2020 • 4 minutes, 58 seconds
Amazon = the PR masters | Uber suffers while UberEats succeeds | Aussie 'unicorn' number grows
Amazon's share price fell this week when the company announced it will invest its latest profits into COVID-19 related expenses like worker safety.Despite the fabulous growth of UberEats, Uber's main business is suffering and has had to layoff 14% of its global workforce.Judo Bank, a new Australian bank focused on small businesses, has raised over $200 million at a valuation of more than $1 billion - joining Canva as an Aussie "unicorn". ---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/7/2020 • 4 minutes, 59 seconds
Blackmores thrilled as Aussies hoard Vitamin C | Telstra all in on COVID cyber attacks | FIFA, Apex Legends owner achieves best sales in 10 years
Blackmores, the Australian vitamins company, has enjoyed a sales boost as Aussies hoard immunity products like Vitamin C.Telstra is investing in a major cyber security program that will protect its customers from COVID-themed cyber attacks.Electronic Arts, the video game publisher known for FIFA and Apex Legends, has achieved its best sales in 10 years thanks to the global shutdown.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/6/2020 • 4 minutes, 58 seconds
Qantas burns millions weekly | Guzman y Gomez halts global domination | Australia losing $4bn every 7 days
Qantas is burning through $40 million a week because the majority of its flights are grounded due to the pandemic.Guzman y Gomez, the Australian-born, Mexican-style food chain, has abruptly stopped its high profile overseas expansion plans.Australia is missing out on $4bn of economic activity with every week of social distancing that goes by.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/5/2020 • 4 minutes, 58 seconds
Westpac's hardest year in history | AFL, NRL and co could lose $200m | Flight Centre does backflip after being stared down
Westpac's 70% profit drop = its hardest year in history.AFL, NRL and other top Australian sports could miss out on $200m in broadcasting revenue this year - even if sport competitions recommence.Flight Centre does backflip after being stared down by the consumer watchdog - the ACCC.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/4/2020 • 4 minutes, 55 seconds
Afterpay hooks up with Chinese Facebook | Trolls movie could change the industry | Tesla hits profit despite controversial tweets
Tencent, the internet giant that owns the Chinese version of Facebook, has bought 5% of Afterpay for $300m.Universal Pictures’ Trolls World Tour is succeeding at the box office despite the closure of cinemas - the movie has pioneered a new direct-to-streaming model, which could change the movie industry forever.Tesla has achieved a surprise profit for the last 3 months, despite factory closures and controversial tweets from the company’s CEO Elon Musk.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
5/3/2020 • 4 minutes, 56 seconds
realestate.com.au offers free listings | Microsoft beats the virus (economically) | Marley Spoon's big appetite
To combat the falling residential market, realestate.com.au is offering free listings of properties - and they will only take a fee if the property sells.Microsoft has delivered strong sales of $35bn for the last 3 months, despite the economic impact of the coronavirus.Marley Spoon, the meal-kit delivery company, has achieved a 70% increase in sales over the last few weeks.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/30/2020 • 4 minutes, 58 seconds
Myer attracting investor 'bullies' | Round 1: Virgin v Velocity | Unilever: Personal grooming at record lows
A growing number of pessimistic investors are betting that Myer will collapse in the coming months, following a sharp fall in sales due to the pandemic.Velocity Rewards, the frequent flyer program of Virgin Australia, has requested that Virgin Australia repay the $150m it owes to Velocity and its members.According to Unilever, one of the world’s largest personal care product companies, lockdown has resulted in a significant drop in personal grooming.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/29/2020 • 5 minutes
Target to close down? | Platypus, Hype DC stores converted into micro-warehouses | Young Aussies withdrawing from super
Target has struggled so much during lockdown that its owner, Wesfarmers, is considering all available options, including potentially selling or closing down.Online sales at Accent Group, the company that owns The Athlete’s Foot, Platypus and Hype DC, have grown significantly in recent weeks, with the company converting stores into mini fulfilment centres.Younger Aussies who have had work hours cut or have been laid off are embracing the government’s superannuation early access scheme, with 2.3 million Australians expected to withdraw from super in the next 6 months.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/28/2020 • 4 minutes, 59 seconds
Foxtel to launch Netflix rival | Australia's wealth shrinks by $6b | Aus gov uses tech to fight COVID
As media companies battle the effects of the pandemic, Foxtel is launching a new streaming service to rival Netflix.Australia's sovereign wealth fund, AKA the investment fund for Australia's economy and citizens, shrank by $6 billion in the last 3 months.Australians are used to being tracked by Facebook and Google, and now the Australian government is using similar technology to fight COVID-19.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
Kanye West's brand Yeezy has bucked the retail trend after achieving a $3 billion valuation.Facebook is copying another competitor, Zoom, with its new videoconferencing product named Messenger Rooms.Salesforce and Australia's Atlassian are among the companies that have made huge profits from their investments in Zoom last year.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/26/2020 • 5 minutes
Chemist Warehouse, Macpac-owner not paying rent | Snapchat's best day | Payday lenders, BNPL to offer repayment holidays?
Some retailers, such as Chemist Warehouse and Super Retail Group (owner of Macpac and Rebel stores), are refusing to pay rent despite strong financial performance.Snapchat's share price had its best day in two years after announcing a major rise in revenue, following announcements from Facebook and Twitter that revenue has taken a hit in 2020.Buy now, pay later providers and predatory 'payday lenders' could be forced to adopt loan repayment freezes, like bank customers have, under new government legislation.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/See omnystudio.com/listener for privacy information.
4/23/2020 • 5 minutes, 16 seconds
Netflix's big Tiger King bite | Snoop Dogg says yes to Treasury Wines | Oil prices below zero for first time ever
Due to both social distancing, and hit shows like Tiger King, Netflix has added more than 15 million subscribers between January and March.This week oil prices fell below zero for the first time on record as oil producers run out of space to store the oversupply of oil left by the coronavirus crisis.Treasury Wine Estates, the Australian company that owns Penfolds and Wolf Blass, has signed a partnership with Snoop Dogg to promote its 19 Crimes brand.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/22/2020 • 5 minutes, 15 seconds
Special episode: Virgin Australia | A deep dive into the biggest corporate collapse of the pandemic
Virgin Australia has become the biggest corporate casualty of the COVID-19 pandemic with the company falling into voluntary administration. What does this mean for investors, Qantas and us?---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/21/2020 • 4 minutes, 59 seconds
Amazon is trying to sell FEWER items | Facebook & Google forced to pay Aus companies | Medical cannabis on the rise
In order to keep up with demand, and to sell fewer items, Amazon is changing its website by removing personalised recommendations.Facebook and Google are being forced to pay Australian media companies when publishing their news stories - under a world-first code here in Australia.Prescriptions for medical cannabis are on the rise in Australia, as self isolation and the crumbling economy causes a spike in anxiety.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/20/2020 • 5 minutes
Commbank: house prices will drop soon | Esports soars as sports disappear | Activewear bucks the retail trend
The Commonwealth Bank expects house prices to drop by 10% over the next 6 months because of the coronavirus, with Melbourne and Sydney to experience the biggest drops.As major sporting competitions are paused due to the coronavirus, Esports is soaring in popularity, with Esports investors seeing returns of over 12% in the last year.Despite the significant drop in retail sales across Australia, activewear brands are maintaining strong levels of sales compared to other retailers.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/19/2020 • 4 minutes, 52 seconds
Etihad, Singapore Airlines reject Virgin re-investment request | NIB & other insurers set to offer cash rebates to members | Airwallex somehow raises $250m
Virgin Australia's biggest shareholders, including Etihad and Singapore Airlines, have rejected a request to invest more money into the struggling airline.Health insurance company NIB is preparing to offer members cash handouts to compensate for lost benefits following the coronavirus shutdown.A young Australian payments company named Airwallex has managed to raise $250 million despite the pandemic bringing the economy to a halt.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/16/2020 • 4 minutes, 59 seconds
Afterpay's 8 million customers | Disney is Hollywood's no.1 COVID victim | Bubs baby formula soars into China
Afterpay shares jumped 29% as the company announced it now has over 8 million customers despite the global shutdown.Disney is becoming one of Hollywood's biggest coronavirus victims after being forced to let go 43,000 employees temporarily.Bubs, the Australian baby formula, has reported its highest revenue for a 3 month period, due to a boom in demand for infant formula in China.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/15/2020 • 4 minutes, 52 seconds
Westpac cops $1.4bn for breaking rules | Apple & Google unite for COVID | Pubs closed, online alcohol sales soar
Westpac will incur $1.4bn in one-off costs after it breached bank industry rules like anti-money laundering and counter terrorism financing last year.Traditional Big Tech rivals Apple and Google have joined forces to launch a COVID-19 tracking tool.Because pubs and restaurants are closed, online sales for alcohol have jumped around 20%, as people embrace new ways to purchase and consume alcohol.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/14/2020 • 4 minutes, 57 seconds
How lockdown impacts energy bills | Play School meets economics | Mesoblast soars 80% with COVID-19 focus
The world's top economists are debating which alphabetical letter will a post-coronavirus economic recovery look like - with 'V', 'U' and 'W' leading the way.Shares in Mesoblast, an Australian bio-tech company, jumped 80% last week after the company secured stem cell treatment trials in the US for COVID-19.With energy bills expected to rise as Australians spend more time at home, consumer groups are lobbying the government and energy companies for financial relief.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/13/2020 • 5 minutes, 15 seconds
Chris Hemsworth leads fitness app revolution | H&M closes Aussie stores and takes giant loan | Australia's new tech unicorn
Downloads for at-home fitness apps are soaring, and Chris Hemsworth's Centr is leading the way, as many Australians are forced to exercise from home.H&M, the Swedish department store, has closed its 49 stores in Australia, with 1300 job loses amid the coronavirus pandemicAustralia has a new 'unicorn' (private tech company with a valuation of a $1bn), HR company Safety Culture - after raising $60m this week.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/9/2020 • 5 minutes
Airbnb raises $1bn | Netflix-rival Quibi launches | Hostplus changes the game
Airbnb has raised $1 billion from investors to give itself financial comfort as the coronavirus outbreak pauses the entire travel industry.Quibi, a new streaming service built for mobile phones only, launched this week and was downloaded over 300,000 times on launch day, sending it to No. 3 on the App Store.Hostplus, the giant superannuation fund, has changed its terms and conditions to delay members from accessing money on short notice.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/8/2020 • 5 minutes
Google tracking data aims to solve COVID-19 | Australia's co-working industry frozen | Spain introduces basic income for all
Australia’s sole proprietors and startups are leaving co-working providers in droves as the coronavirus effectively freezes the co-working industry.To combat the economic impact of the coronavirus, Spain is introducing an economic policy named Universal Basic Income to help its people survive this period.Google has released COVID-19 ‘Community Mobility Reports’ to provide insights from Google Maps into how human behaviours have changed since society went into lockdown.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/7/2020 • 4 minutes, 51 seconds
13cabs is now 13things | Flight Centre raising $700m while closing stores | SEEK's big drop in job ads
The company that owns 13cabs has launched a new delivery service named 13things as the coronavirus hurts the taxi industry.Flight Centre is closing a further 800 stores around the world and is raising $700 million from investors so it can survive post pandemic.SEEK is experiencing a significant fall in job ads as the coronavirus impacts the entire economy.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/6/2020 • 5 minutes
Adore Beauty's personal care sales soar | New bank Judo gets $500m from govt | Honda & Holden-owner GM hook up
Even as demand for makeup drops because people are working from home, Adore Beauty is enjoying a 60% jump in sales for personal care products such as handwash, moisturisers and soap.Judo Bank, a new Australian bank focused on businesses, has been given $500 million by the government so it can lend to more Aussie businesses.Honda and General Motors, the owner of the Holden brand in Australia, are teaming up to create a new electric vehicle to rival Tesla.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/5/2020 • 4 minutes, 51 seconds
Asahi set to buy Carlton Draught owner | Virgin asks govt for $1.4bn | KPMG, MinterEllison ask staff to take pay cuts
Asahi is buying Australia’s CUB, owner of Carlton Draught and Strongbow, for $16bn. But there is one important condition.Virgin Australia has asked the government for $1.4bn as it struggles to survive following the coronavirus pandemic.Professional services firms like KPMG and MinterEllison are asking employees to take pay cuts in response to the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/2/2020 • 5 minutes
Uber rival Bolt exits Australia | China's economy is back? | No cars no revenue for Transurban
Bolt, one of Uber’s main rivals, is pulling out of Australia as demand for ridesharing drops from the coronavirus.Following the coronavirus, China's economy is rebounding, with 95% of factories reopening in March.Transurban, the company that owns toll roads and freeways around Australia, has reported a major drop in revenue because there are so few cars on the road due to the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
4/1/2020 • 4 minutes, 59 seconds
Bunnings & Kmart owner Wesfarmers sells part of Coles | Hasbro dominating as kids demand toys and games | ASX Ltd doing 'well' in tough times
Wesfarmers, the company that owns Bunnings, Kmart and Officeworks, is selling part of its ownership in Coles to save money ahead of further economic uncertainty.Shares in Hasbro jumped 12% last week, due to an increase in demand for toys and games, following coronavirus lockdowns.ASX Limited, the company that owns the Australian Securities Exchange (ASX), is one of only a few companies that hasn't been hurt by the coronavirus pandemic, with trading volumes increasing in recent weeks.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/31/2020 • 4 minutes, 59 seconds
New record: Australia's $130b stimulus | Twitter user numbers are up but revenue is down | Glove love makes Ansell jump
To save jobs and keep businesses alive, the government has announced a $130 billion economic stimulus package - the biggest in Australia's history.Despite Twitter’s user numbers increasing since the outbreak of the coronavirus, its advertising sales have dropped as companies reduce marketing.The share price of Ansell jumped 16% yesterday as demand for gloves and protective suits rises due to the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/30/2020 • 4 minutes, 51 seconds
Myer stands down 10,000 staff | Woolworths hiring retail and airline workers | Banks pause mortgage repayments
Myer, Australia’s biggest department store, has closed its stores for four weeks and has stood down 10,000.Woolworths is hiring 20,000 staff to support workers from the retail and airline industries who have lost their jobs during the coronavirus outbreak.Banks are pausing home loan repayments for Aussies impacted by the coronavirus - but it could impact your credit score.---Web: https://www.flux.finance/Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/29/2020 • 4 minutes, 58 seconds
AFL, NRL fighting for financial life | Deliveroo cleaning up | Big super losses for everyone
Over 1,500 new restaurants have signed up with Deliveroo in the last month, as the coronavirus restricts Australians from eating at restaurants.Superannuation members have lost up to 15% of their super balances since the coronavirus pandemic, as the share market has tumbled.Two of Australia’s biggest sport organisations, the AFL and NRL, are fighting hard to stay alive financially after calling off their seasons.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta- Web: https://www.flux.finance/See omnystudio.com/listener for privacy information.
3/26/2020 • 4 minutes, 59 seconds
Virgin cuts domestic flights | Swisse Vitamins hot in demand | WeWork left for dead?
Virgin Australia is cutting domestic flights by 90% and is standing down 8,000 employees because of the coronavirus.Swisse Vitamins has increased production of Vitamin C as Aussies get more cautious about their overall health following the spread of the coronavirus.SoftBank, the company with big investments in companies like Uber and TikTok, is threatening to pull the plug on saving WeWork from financial collapse.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta- Web: https://www.flux.finance/---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/25/2020 • 4 minutes, 42 seconds
Netflix, Stan asked to reduce data | Farmers, pharmacies thriving | Houseparty's time to shine
The Australian government has asked Netflix and Stan to reduce data to avoid a broadband overload, as Australians work from home.The farming and pharmacy industries are thriving while many other industries suffer due to the coronavirus and its economic impact.A video-chat app named Houseparty has achieved over 10 million downloads on Android and even more on iPhone, and has become the hit app of the coronavirus lockdown.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/24/2020 • 4 minutes, 57 seconds
Aussie dollar hits rock bottom | Beer companies push for 'essential' status | Louis Vuitton owner donates 40 million masks
The Australian dollar dropped to its lowest point since 2003, which is below its value during the global financial crisis.Two of Australia's biggest alcohol companies have said Australia could go dry for three months unless they are included as an essential service under the government's lockdown rules.LVMH, the owner of Louis Vuitton, is ordering 40 million health masks from China to help France cope with the coronavirus outbreak.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/23/2020 • 4 minutes, 57 seconds
Australia's $66bn stimulus | Air New Zealand bailed out | Meditation apps offering free mindfulness
The Australian government is investing $66bn into the Australian economy to save jobs during the coronavirus crisis.Air New Zealand has been 'bailed out' by New Zealand's government because it was running out of money due to the coronavirus pandemic.Meditation apps are offering free mindfulness as social distancing starts to impact mental health.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/22/2020 • 4 minutes, 59 seconds
Afterpay's recession fears | WhatsApp introduces coronavirus info hub | NBN provides free bandwidth to telcos
Afterpay shares dropped 33% on Wednesday because investors are concerned the company will struggle in a recession.WhatsApp is introducing a coronavirus information hub in partnership with the World Health Organisation to prevent misinformation and fake news.The NBN is providing more bandwidth to telcos like Telstra and Optus - for free - to help them cope with increased demand as employees work from home.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/19/2020 • 4 minutes, 59 seconds
Virgin cuts all international flights | McDonald's, Starbucks enforce social distancing | Google's Verily screens coronavirus online
Virgin is suspending all international flights and half of its domestic flights for more than 2 months because of the coronavirus.Social distancing is starting to directly impact some of the biggest companies in the world, with McDonalds, Uber and Starbucks all making big changes.Google-owned Verily has launched a website that screens people for COVID-19 by asking about symptoms and then points the user in the right direction.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/18/2020 • 4 minutes, 42 seconds
Welcome to What the Flux
Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business news stories of the day. Tailor made for busy humans.See omnystudio.com/listener for privacy information.
3/18/2020 • 35 seconds
Airbnb offers refunds for everyone | Coke struggling on-the-go | Coles, Amazon need more staff due to coronavirus demand
Airbnb is letting its customers cancel their reservations, and get a full refund, as the coronavirus continues to ruin travel plans globally.Coca-Cola Amatil, the owner of the Coke brand in Australia, has warned that the coronavirus is dramatically impacting sales in convenience stores and on-the-go outlets.Coles and Amazon are looking to bring on new workers to keep up with coronavirus demand.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/17/2020 • 4 minutes, 58 seconds
Channel 7 to get Olympics refund? | Crown Casinos enforces social distancing | RBA to print more money?
For the first time, the Reserve Bank of Australia is preparing to introduce 'quantitative easing' (printing money to boost the economy) as a result of the coronavirus.The owner of Channel 7, Seven West Media, will be repaid in full if the olympics doesn’t go ahead because of the coronavirus.Crown Resorts, the owner of casinos around the country, is enforcing "social distancing" because of the growing threat of the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/16/2020 • 4 minutes, 57 seconds
Coronavirus stimulus package | Telstra forces employees to WFH | Slack & Zoom surge from outbreak
The federal government has announced a $17.6 billion coronavirus stimulus package to help boost Australia’s economy.Telstra has told all of its Australian staff to work from home as of today as a precaution against the coronavirus.Teleconference companies, like Zoom and Slack, have surged in demand because of the coronavirus outbreak.---Facebook group: https://www.facebook.com/groups/whatthefluxaus/Facebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinsta---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/15/2020 • 4 minutes, 59 seconds
Webjet's cancellation woes | Ramsay Health & Aus Unity team up | Petrol prices drop big time
Webjet, the online travel agency, has reported a major rise in near-term cancellations because of the coronavirus.Ramsay Health Care has formed a partnership with Australian Unity insurance that is focused on home health care, such as support for chronic diseases and mental health.The price of oil (and petrol) dropped significantly this week and an oil price war has broken out between Saudi Arabia and Russia.---Instagram: http://bit.ly/fluxinstaFacebook: http://bit.ly/Fluxfacebook---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/12/2020 • 4 minutes, 54 seconds
Kikki.K collapses | COVID-19 & the share market | Amazon's big new product
Kikki.K, the upmarket stationery company, has collapsed.This week has been the most volatile week in global share markets since the global financial crisis in 2008. We explain why.Amazon has announced a new business line - it will sell its world-first Just Walk Out checkout-less technology to other retailers.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/11/2020 • 5 minutes, 28 seconds
Facebook sued by Australia | Qantas CEO foregoes salary | Coles can't keep up with online orders
Facebook is being sued by Australia's privacy watchdog over the Cambridge Analytica data scandal where over 300,000 Australians had their data breached.The CEO of Qantas will forego his salary for 3 months as the coronavirus forces Qantas to cut international flights.Coles is telling its online customers to pick up orders rather than have them delivered because it is struggling to keep up with delivery demand following coronavirus panic buying.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/10/2020 • 5 minutes, 40 seconds
Grindr sold for $600m | ANZ cuts jobs | A bank runs out of money?
A “neobank” named Xinja has had to stop accepting new customers who want to set up savings accounts due to financial constraints. Grindr, the super popular gay dating app, has been sold by a Chinese gaming company for over $600m.ANZ Bank is cutting over 200 jobs from its private banking and financial planning division, following continuing issues after the royal commission over a year ago.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/9/2020 • 5 minutes, 15 seconds
Myer ditched by women | Flight Centre v Fyre Festival | Google's Waymo and its $2.2b raise
Myer has had a 36% drop in profit, following a significant reduction in sales in its key womenswear product range.Flight Centre has settled a legal challenge from the liquidator of the notorious Fyre Festival.Waymo, Google’s self-driving car division, has just announced a huge $2.25 billion fundraise this week.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/5/2020 • 5 minutes, 49 seconds
Spotlight set to buy Harris Scarfe | Lindt growing... for now | WeWork investor SoftBank trying to avoid disasters
Spotlight, the company known for selling everything from quilts to string, is likely to buy failed Aussie department store Harris Scarfe.Lindt, the Swiss chocolate maker, has increased profits by over 5% despite its competitors experiencing sluggish growth lately.Following the failed IPO of WeWork last year, the world’s largest investor in tech startups, SoftBank, has held a special event to help the companies it has invested in prepare for a successful IPO.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/4/2020 • 5 minutes, 45 seconds
RBA cuts rates (to boost toilet paper spending) | Apple throttling iPhones | Twitter CEO to go?
The Reserve Bank of Australia has cut interest rates to a new low of 0.5% to deal with the impact of the coronavirus on the Australian economy.Apple will pay up to $500 million to settle a lawsuit because it slowed down iPhones to entice customers to buy new, better performing iPhones.An investment company has bought 5% of Twitter and wants use its new ownership to replace its founder and CEO Jack Dorsey.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/3/2020 • 5 minutes, 56 seconds
Bega Cheese's fattening court cases | Beyond Meat's growing pains | Apple bans scary tech company
Bega Cheese’s profit has fallen 21% following expensive legal costs from back-to-back court cases against other dairy companies.Shares in Beyond Meat, known for its meat substitutes, dropped 6% last week even though the company keeps signing up fast-food restaurants like Grill'd and Domino's.Clearview AI, a controversial facial recognition startup, has been blocked by Apple and its app has been banned from use.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/2/2020 • 5 minutes, 47 seconds
Corona beer infected by virus | DoorDash needs money | NRL may change format to attract bigger audience
Shares in the owner of Corona beer, Constellation Brands, fell 8% last week, as the beer brand struggles to escape the association with the coronavirus.DoorDash, which launched in Australia recently, has filed for a 'confidential' IPO as competition heats up in the food delivery industry.The NRL is speaking to TV networks and streaming platforms about its next broadcasting deal as it considers following other sports, like cricket, in changing the game's format to attract larger audiences.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
3/1/2020 • 5 minutes, 58 seconds
Vodafone lives in loss city | Disney CEO shock resignation | Crust, Donut King owner's first profit in years
Vodafone Australia lost 275,000 mobile customers last year and almost $280m, which is more than double last year’s financial loss.Bob Iger, the CEO of Disney, has shocked the entertainment world by suddenly resigning almost two years earlier than planned.Retail Food Group, the owner of Gloria Jean’s, Donut King and Crust Gourmet Pizza has made a profit for the first time in 3 years.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/27/2020 • 5 minutes, 49 seconds
Channel 9 cutting costs | Amazon supermarkets Go checkout-less | Aussie funeral company flying
Nine Entertainment, the owner of Channel 9, is planning to cut costs by $100m over the next 3 years as the TV industry battles to attract audiences and advertisers.After five years in the making, Amazon is bringing its checkout-less store technology to its first large supermarkets with Amazon Go.InvoCare, the biggest funeral company in Australia, has announced a 54% increase in profit. The reason why? It's kinda morbid.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/26/2020 • 5 minutes, 50 seconds
Blackmores' paw-fect solution | Jeanswest is back | Juul stops sales altogether to avoid minors
Blackmores, the Australian vitamin company, thinks it has found the 'paw-fect' way to lift profits.Jeanswest, the fashion retailer that collapsed last month, has been sold to a Hong Kong company, saving 680 jobs.Juul, the company known for its sleek USB-looking e-cigarettes, is stopping sales in Indonesia because it can’t stop retailers from selling its e-cigarettes to minors.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/25/2020 • 5 minutes, 49 seconds
Uber in the slow lane | Aussie airports making bank | Gold booming gold-rush style
Although most rideshare users in Australia use Uber, a new report has found that its competitors such as Ola and Didi are catching up.Despite a drop in passenger growth, Australia's 4 major airports earned more money in 2018-19.The price of gold metal is currently at its highest level since November 2012.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/24/2020 • 5 minutes, 51 seconds
David Jones nearing the end? | Big M, Farmers Union set to become Chinese | Google's Other Bets has changed its tune
The same Chinese company that bought baby milk company Bellamy's last year is set to buy the owner of Farmers Union Iced Coffee and Big M.Google parent company Alphabet is closing down its energy kite startup as the company's risk-seeking division, Other Bets, lost $4.8b.David Jones is closing stores because profits have halved following weak sales and lower foot traffic.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/23/2020 • 5 minutes, 35 seconds
Domain profits but cuts cricket | Medibank moving back home? | Gambling companies out of luck
Real estate website Domain has achieved a profit of $22m and has claimed the property market is on the way back up.Medibank is blaming increases in hospital costs as the reason it had a 14% drop in profit, and as a result, is asking the government for financial assistance for the health insurance industry.Three of Australia’s biggest gambling companies, Crown, Star and Tabcorp, have reported disappointing results.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/20/2020 • 5 minutes, 14 seconds
Huawei's Farnham-style national tour | AFL profits thanks to women | Musk's SpaceX sending us to space
Huawei, the Chinese telco company, is going on an Australia-wide tour to win over Australians as it pushes for its 5G network ban to be overturned.The AFL achieved a profit of almost $50m in 2019 as female participation in the sport grew almost 11%.Elon Musk's SpaceX is planning to send private citizens into space as early as 2021.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/19/2020 • 5 minutes, 56 seconds
Holden no more | Coles underpays staff | Ansell profits from coronavirus
After 160 years of love from Australians, the Holden brand is being retired by its owner, General Motors.Coles underpaid employees $15 million in wages over a six year period.Ansell has announced half-year profit is up 67% following increased demand for its protective equipment during the coronavirus outbreak.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/18/2020 • 5 minutes, 17 seconds
Big Banks v Afterpay & Friends | Tesla cashes in | Man City cooks the books
Commbank and ANZ are pushing for new laws that would allow retailers to add a surcharge to customers who use buy now, pay later services like Afterpay.The share price of Tesla is up 84% this year and the company is cashing in by raising $2 billion from investors.English soccer club Manchester City has been fined and banned for breaking financial rules including overstating sponsorship revenue for five years.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/17/2020 • 6 minutes, 24 seconds
Qantas & pilots stare off | Mike Bloomberg discovers memes | Pinterest is Facebook's latest victim
Qantas and its pilots are in a stand-off over a new pay deal, preventing Qantas from progressing its long-haul flights from Australia's east coast to New York and London.Michael Bloomberg is working with Instagram meme influencers to promote his US presidential campaign.Pinterest shares fell after Facebook released a new app that replicates Pinterest's features.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/16/2020 • 6 minutes
TPG & Vodafone get married | Hasbro toy sales flying | Headspace app raises big
TPG and Vodafone are getting married. The Federal Court has approved a $15b merger because the combined company will be strong competition to Telstra and Optus.The share price of Hasbro, the toy maker, has jumped thanks to strong sales of Frozen 2 and Star Wars toys over the holiday period.Headspace, the meditation app, has raised US$93m to pursue a clinical validation for mindfulness - and fight off competition.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
It has been revealed that private company Airbnb had a loss of over US$322 million for the nine months to September 2019. Turns out it's expensive to invest in our safety.Australian blood company CSL has announced a profit of $1.9b from July to December 2019, meaning profit is up 11%. Oh, and it's Australia's third biggest company.Brandless, a SoftBank-backed online supermarket that once sold everything for $3, has shut down.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/12/2020 • 5 minutes, 58 seconds
George Calombaris' food empire crumbles | Slack jumps from fake news | NBN's $2b loss
Celebrity chef George Calombaris has put his company into voluntary administration with around 22 restaurants and 400 jobs set to go. But Yo-Chi is still alive!Slack, the US tech company that does workplace collaboration, has downplayed a report that sent its share price soaring by 15%.NBN Co, the government-owned corporation that has built and is operating Australia's National Broadband Network, has announced half-year loss of over $2b.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/11/2020 • 5 minutes, 32 seconds
Toll hacked and held to ransom | Twitter winning with health | JB Hi-Fi's chaotic approach keeps succeeding
Toll Group, a giant Australian logistics company, has had its computer systems hacked and the hackers have demanded a hefty ransom.Twitter has added millions of new users and increased ad revenue - and people are optimistic about the company’s future again.Shares in JB Hi-Fi, the tiger-coloured electronics and appliance retailer, are up 10%. But why?---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/10/2020 • 6 minutes, 2 seconds
Coles: What to expect when expecting | Tinder swiping takes off globally | Uber shares jump from new airport access
Coles expects 2019 profits to exceed expectations following strong food sales over the festive season.Tinder made $1.2 billion in revenue last year as subscriptions for unlimited swiping takes off.Uber shares have jumped as the company continues to grow globally and gain access to airports around the world.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/9/2020 • 6 minutes, 1 second
Nike goes next-level green | Disney+ shoots the lights out | Tigerlily rebrand disaster
At the Tokyo 2020 Olympics, elite athletes will sleep on beds made of cardboard and Nike is dressing 2020 Olympic athletes in uniforms made of recycled shoe parts.Disney+, the new streaming service that competes with Netflix and Stan, has announced its subscriber numbers for the very first time - over 26.5 million subscribers worldwide despite only launching in November 2019.Things are really heating up at fashion label Tigerlily just as the brand celebrates its 20th birthday.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/6/2020 • 5 minutes, 50 seconds
YouTube's numbers finally revealed | APRA: Small health insurers are gone | Blundstone turns 150
Google’s parent company, Alphabet, has lifted the lid on YouTube’s financial numbers for the first time.The Australian Prudential Regulation Authority (APRA) has said that medium and small size health insurance companies in Australia could be gone in the next two years because their businesses aren’t up to scratch.Australian company Blundstone is celebrating its 150th birthday this year.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/5/2020 • 5 minutes, 50 seconds
Commbank now a tech company | Coronavirus and Australian business | Victoria's Secret CEO may be down but stocks are up
In its attempt to fend off tech companies, Commonwealth Bank is the latest big Australian company to launch a new incubator for startups.The Australian business community is preparing for another wave of hits from the coronavirus as countries around the world continue close the door to Chinese tourists and the Chinese economy slows down big time.The owner and CEO of L Brands, owner of Victoria’s Secret, is in talks to step down - and as a result, the company’s share price jumped 12%.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/4/2020 • 6 minutes, 14 seconds
Realestateview.com.au takes on Domain & REA | Super Bowl breaks ad cost record | Meditation apps are flying
The former head of real estate website Domain (Anthony Catalano) and his business partner (Anthony Waislitz) have become shareholders in Australia’s 3rd largest real estate classifieds website, realestateview.com.au.The Super Bowl was in the US yesterday and the cost of Super Bowl ads are at an all time high.The top 10 highest-earning meditation apps of 2019 grew to $195 million, up 52%.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/3/2020 • 5 minutes, 56 seconds
Melbourne's The Espy for sale? | Big tobacco's terrible investment in Juul | Optus fined heaps for spamming us
Private equity firm KKR is considering buying Melbourne’s favourite nightspot - The Espy.America’s largest tobacco company invested in vaping giant Juul last year, an investment that is turning out to be one of the worst corporate investments in history.Optus has received a $504,000 fine for spamming its customers — the largest penalty imposed for breaching Australia’s Spam Act.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
2/2/2020 • 6 minutes, 17 seconds
News Corp's new startup | Freedom Furniture parent's $300m loss | Facebook's business anti-stalk tool
News Corporation, the behemoth news company owned by Australia’s own Rupert Murdoch has launched a new online news aggregation site, knewz.com. Awful name.Greenlit Brands, owner of Freedom Furniture and its frugal cousin Fantastic Furniture, has announced a loss of almost $300m.Facebook has released a tool that shows you which other apps and websites have your data and how those businesses are sharing your data back to Facebook.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/30/2020 • 6 minutes, 23 seconds
Afterpay & Co told to treat customers better | Nike runs out of Kobe merch | Woolies suddenly the 'supermarket of the future'
Australia’s buy now, pay later industry, and its companies like Afterpay and Zip, are set to sign a new code of practice to ensure customers are treated more fairly.Nike has sold out of Kobe Bryant merchandise online following the basketball star’s passing.Experts have released a report saying Australia’s very own Woolworths may grow to set the global standard for supermarkets, and ultimately become the “supermarket of the future."---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/29/2020 • 6 minutes, 25 seconds
Aus Open's business side | Australia's wealth fund flying | Coronavirus hurting global companies
Tennis Australia has said people all over the world are loving the Australian Open more than ever, so we've taken a look at the business side of the grand slam.Australia’s sovereign wealth fund, which is named the Future Fund, has announced very strong results for 2019. China’s coronavirus has hurt the share prices of several global brands including Nike and Estee Lauder. Qantas, Webjet and Crown also impacted.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/28/2020 • 5 minutes, 47 seconds
Tourism Australia's unusual campaign | Atlassian skyrockets but CEOs not happy Jan | New social media player Byte launches
To support the tourism industry, Tourism Australia has launched a new $20 million advertising campaign called “Holiday Here This Year” so that Aussies will travel locally.Australian tech giant Atlassian’s revenue has skyrocketed 37% but the founders/CEOs aren’t satisfied with the results.A brand new social media company has launched and it comes from the founder of Vine.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/27/2020 • 6 minutes, 5 seconds
Commbank hit with huge class-action | Google entering health | Australia & UK v Huawei
Commonwealth Bank has been hit with another class-action lawsuit after being accused of flogging insurance policies to people who don't need.Google is making big moves to enter the healthcare space. Is there anything they won't do?The British government will be soon decide whether to let Chinese technology giant Huawei into its 5G market - and the decision will influence whether the Australian government lets Huawei do the same here.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/23/2020 • 5 minutes, 48 seconds
Uber sells another business | Starbucks going plant-based | Mystery Aussie supermarket disappears
Uber, struggling in many countries outside the US, has sold UberEats in India to its arch rival.Starbucks is adding more plant-based food and drinks to its menu, and as a result the share price of Beyond Meat has jumped.Kaufland, the biggest supermarket in Australia that you’ve never heard of, is leaving before it even opens its doors. ---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/22/2020 • 5 minutes, 53 seconds
Harry and Meghan can now earn squillions | Tiktok will be bigger than Instragram | Trivago ad lady has misled us all
Harry and Meghan move to own and then commercialise the Sussex Royal brand, with plans to create hundreds of product linesSnapchat CEO believes TikTok could become bigger than Instagram. Why all of a sudden?The lady in the Trivago ads isn't as honest as she seems. They've been misleading us to believe they provide the lowest hotel prices.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/21/2020 • 5 minutes, 10 seconds
Disney drops Fox brand | Adidas x Beyonce collab | Kogan hammered for stinky results
Disney, the new owner of 20th Century Fox’s movie business, is removing the word ‘Fox’ from its name.Adidas has linked up with Beyonce to launch a new athleisure line.Kogan’s share price got hammered yesterday, dropping over 20% at one stage. But why?---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/20/2020 • 5 minutes, 18 seconds
Google worth a trillion | Guzman y Gomez expanding to US | Aussie shares hit another record
For the first time Alphabet, Google’s parent company, has reached a trillion-dollar valuation.Aussie fast food chain Guzman y Gomez has opened its first store in the US.Australian share market has achieved a record high for the fourth day in a row.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/19/2020 • 4 minutes, 27 seconds
F45 to IPO? | David Jones staying South African | Trump and China sign trade deal
F45, the Aussie fitness chain backed by Mark Wahlberg, has reportedly filed for an IPO.The South African owner of department store, David Jones, has come out and said we are sticking fat with DJs.Finally US President Donald Trump and China have signed the first phase of a new trade.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/16/2020 • 4 minutes, 25 seconds
Amazon's CEO not loved in India | Pinterest overtakes Snapchat | World's biggest investor goes green
The CEO of Amazon, Jeff Bezos, has been welcomed by major protests in India.Snapchat, the once golden, new kid on the social media block, has been overtaken by Pinterest in terms of users.The world’s biggest investment company, BlackRock, is embracing climate change and going green.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/15/2020 • 4 minutes, 52 seconds
Changing of the guard in Hollywood | Is Tesla an existential threat to other car makers? | Influencer marketers cannot be tamed
Netflix has received 24 nominations at the Academy Awards for several of its own movies, including The Irishman and Marriage Story. Tesla shares keep climbing and climbing in 2020 as the sales of vehicle deliveries surpassed expectations for the December quarter. Casper Mattress, an online retailer in the US going public, has mentioned that its inability to control social media influencers is a risk for potential investors in the company.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/14/2020 • 5 minutes, 55 seconds
Aramco breaks IPO world record | Boeing's CEO gets giant severance | A2 Milk losing executives everywhere
Saudi Aramco, the oil company based in Saudi Arabia and owned by the Kingdom of Saudi Arabia, has achieved the largest IPO in history.Airplane maker Boeing has revealed its former CEO, Dennis Muilenburg, who was fired last month for the company's response to two crashes, will get a A$90 million severance package.A2 Milk, the Australian milk and infant formula company, is losing top executives left, right and centre.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
1/13/2020 • 4 minutes, 16 seconds
Apple hits an all-time high | EB Games shutting down stores | Facebook refuses to ban political ads
Apple's share price has hit an all-time high following positive news out of China.EB Games, the Australian video game retailer, is shutting down stores across the country.Unlike Twitter and Google, Facebook has refused to ban political ads. That's big considering we're in for one hell of a US election campaign in 2020.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.