What the Flux artwork

What the Flux

711 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 12 ratings

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.

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Episodes

$1.3B: Coles refinances green style | Medibank's profit bonanza | TikTok sticks it to Insta with ecommerce deal

August 25, 2021 19:00 - 5 minutes - 5.42 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store): http://bit.ly/F...

Watch out, BHP's credit score! | $17M: Click Frenzy spends big on NZ | Twitch users blackout against hate

August 24, 2021 19:00 - 6 minutes - 5.95 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free...

$500M: Another record for Adairs | Microsoft now a hotel company | Aussie company gets $5B buyout offer

August 23, 2021 19:00 - 5 minutes - 5.47 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https:/...

TPG saves $38M thanks to Vodafone | UniSuper threatens CSL over emissions | Facebook facing existential heat from regs

August 22, 2021 19:00 - 5 minutes - 5.35 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fl...

Aussie wine maker profits despite China tariffs | Tesla under investigation | Origin Energy's $2.3B LOSS

August 19, 2021 19:00 - 5 minutes - 5.4 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcre...

Optus to manage your Netflix + Stan | CommBank wants swipe fees | OnlyFans now safe for kids

August 18, 2021 19:00 - 5 minutes - 5.39 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for fr...

Domain returns JobKeeper after big profits | Breville cracks $1B sales | Virgin founder sells down Galactic to help struggling businesses

August 17, 2021 19:00 - 5 minutes - 5.46 MB

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).   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free...

Up acquired by Bendigo Bank | JB Hi-Fi profits big again - $500m big | Reddit tries to clone TikTok. Weird stuff.

August 16, 2021 19:00 - 5 minutes - 5.35 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store): http://bit.ly/FluxAppStore Down...

Baby Bunting's boom time is here | TikTok protects the kids | Weight Watchers is shrinking

August 15, 2021 19:00 - 5 minutes - 4.96 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app...

Afterpay, Canva heads form local Tech Council | AGL's $2B loss , thanks renewables | Lionel Messi move highlights soccer's inequality

August 12, 2021 19:00 - 5 minutes - 5.34 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://b...

CBA gives back $10B | Robinhood blows $140M on investor comms | Salesforce gets into streaming

August 11, 2021 19:00 - 5 minutes - 5.07 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app...

CommBank's free ride for retailers | Warren Buffett's $6B bet on himself | NAB buying Citi's Aussie consumer biz for $1.2B

August 10, 2021 19:00 - 5 minutes - 5.47 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Dow...

Netflix Aus offering free skills training | Snapchat Aus partners with Pedestrian, LADbible | Regis Healthcare underpays staff up to $40m

August 09, 2021 19:00 - 5 minutes - 5.1 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your c...

Aussie plant-based meat goes global | News Corp's best year since 2013 | Quora all in on content creators

August 08, 2021 19:00 - 5 minutes - 5.31 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for ...

Rihanna = billionaire | Rinehart's mine dishes out almost $3B | Sony's PS5 raking it in post covid

August 05, 2021 19:00 - 5 minutes - 5.22 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App...

Facebook Aus finally launches News | YouTube spends $135M to steal TikTokers | Aus Post ex-CEO gets $1m termination payment

August 04, 2021 19:00 - 5 minutes - 5.02 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore ...

Square reveals its plans for Afterpay | $1.2B: Reese Witherspoon sells company | 2500: Qantas stands down employees

August 03, 2021 19:00 - 5 minutes - 5.02 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free a...

Afterpay acquired for $39B | Network Ten buying more sport despite $3M loss | Oil giants' big profits as travel resumes

August 02, 2021 19:00 - 5 minutes - 5.01 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score fo...

Optus, Uber team up on smartphone delivery | Aussie HR giant now worth $2B | ScarJo sues Disney for Black Widow

August 01, 2021 19:00 - 5 minutes - 5.14 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcredit...

CBA v Apple: Who is anti-competitive? | Pfizer to earn $45 billion | SoftBank loses $5.4B on Didi disaster

July 29, 2021 19:00 - 5 minutes - 5.21 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store): h...

Aussie startup Spaceship hits $1 billion FUM | Tiffany's aggressive makeover | Duolingo ups its valuation just before IPO

July 28, 2021 19:00 - 5 minutes - 4.97 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Down...

Cigarette maker wants cigarettes banned | Robinhood changes its tune days before IPO | Aussie startup raises $10m to deliver your meds

July 27, 2021 19:00 - 5 minutes - 5.04 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/flux...

Lorna Jane cops $5m fine for 'anti-virus' claims | Zip: Global > Aus | Volvo IPO?

July 26, 2021 19:00 - 5 minutes - 5.14 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit...

Coles kills off Little Shop | BHP and Tesla's big deal | Slack swallowed by Salesforce for $27B

July 25, 2021 19:00 - 4 minutes - 4.51 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for fre...

Brisbane to lose $$ from Olympics | Mecca now a media biz | CBA to fight Telstra for customers

July 22, 2021 19:00 - 5 minutes - 5.19 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore ...

Nick Scali hungry to buy | JB's done it again $$$ | BHP could go green with oil exit

July 21, 2021 19:00 - 5 minutes - 5.15 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score f...

Afterpay wants your Money | CNN launching Netflix rival | Toyota backflips on Olympics

July 20, 2021 19:00 - 5 minutes - 5.14 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the ...

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

July 19, 2021 19:00 - 5 minutes - 5.18 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store):...

Aussie digital currency coming soon? | Netflix's big move into gaming | LG's $7B for the environment

July 18, 2021 19:00 - 5 minutes - 5.27 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore ...

Rejected: Syd Airport says no to $22B offer | FB, Insta to drop $1.3B to keep creators | Levi's kills skinny jeans

July 15, 2021 19:00 - 5 minutes - 5.2 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store): http:/...

Apple to cut Afterpay's lunch | Aldi steals from Woolies | HelloFresh wants a bite of Youfoodz

July 14, 2021 19:00 - 5 minutes - 4.83 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/flux...

Bunnings owner offers $687m for Priceline owner | Telstra tries to win back Aussie trust | Microsoft fighting dem hackers

July 13, 2021 19:00 - 5 minutes - 4.99 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your c...

Westpac loses $290M to fraudster | Glossier = a double unicorn | China blocks $7B Tencent merger

July 12, 2021 19:00 - 5 minutes - 5.19 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store):...

F45's $2 billion moment is here | BMW, Audi caught colluding with others | Visa blasts onto crypto scene

July 11, 2021 19:00 - 5 minutes - 5.12 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download t...

Myer's board to be flipped by retail king | Chobani's creamy IPO | Wise (nee TransferWise) hits $16 billion

July 08, 2021 19:00 - 5 minutes - 5.11 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Winth...

Foxtel's potentially big IPO | Telstra's $25M in refunds | Uber investor buys Yahoo trademark

July 07, 2021 19:00 - 5 minutes - 5.11 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/f...

$22B: Sydney Airport for sale | How Zoom will help you shop | TikTok takes on YouTube

July 06, 2021 19:00 - 5 minutes - 5.23 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store): http://bit.l...

Aussie share trading app war escalate | China orders Didi app store removal | Aussie insurers preparing for $1.5B post-lockdown hit

July 05, 2021 19:00 - 5 minutes - 4.73 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fl...

$443M: Racy Aussie brand sold to Playboy owner | Robinhood set to steal from the rich | Bumble opens a restaurant!?

July 04, 2021 19:00 - 5 minutes - 5.06 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store)...

Telstra sells out for $2.8 billion | Insider trading allegations at Aussie company | China's Uber hits $91B after IPO

July 01, 2021 19:00 - 5 minutes - 4.86 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: ht...

Aus Post's 10 year deal with CBA, NAB | Facebook launches newsletter platform to fight Twitter, Substack | Musk's Starlink just weeks away

June 30, 2021 19:00 - 5 minutes - 5.13 MB

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).   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/...

Uber Aus' bright new future | Aus gov to bring in migrants? | Facebook hits $1 trillion

June 29, 2021 19:00 - 5 minutes - 5.05 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download the f...

Facebook rejects The Conversation | Nike hits record high | Panasonic sells $5B Tesla stake

June 28, 2021 19:00 - 5 minutes - 4.99 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download t...

Afterpay's new 'shop anywhere' card | Ray-Ban maker could sue $11B potential partner | BuzzFeed going public the weird way

June 27, 2021 19:00 - 5 minutes - 5.07 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/...

Virgin offering you millions of points to vax | Commbank predicts rate rise pronto | Tinder's first major changes since launch

June 24, 2021 19:00 - 5 minutes - 4.98 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcre...

Commbank's $1 billion sale | Twitter finally making money? | Microsoft joins Apple in $2 trillion club

June 23, 2021 19:00 - 5 minutes - 5.06 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Downl...

Australia's newest $1 billion 'unicorn' | Disney's big comeback | Bitcoin crashes, thanks China

June 22, 2021 19:00 - 5 minutes - 4.96 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Download ...

Channel Seven finally beating Nine | OnlyFans = OnlyBillions | Spotify launches Clubhouse rival

June 21, 2021 19:00 - 5 minutes - 5.04 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score f...

Coles spending $2.5B on new trolley checkouts? | Sky News Aus goes regional | Amazon overtaken at no.1 by Chinese app

June 20, 2021 19:00 - 5 minutes - 4.67 MB

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.   ---   Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcredit...

SPECIAL EPISODE: The real Josh Frydenberg - exclusive interview with the Treasurer

June 18, 2021 02:00 - 10 minutes - 9.6 MB

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 impa...