What the Flux
711 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 12 ratingsBite-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
The next big thing = zero alcohol beer | Sports stars snub Coke, Heineken | Facebook's crypto launch months away
June 17, 2021 19:00 - 5 minutes - 5.24 MBSales 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. --- GUESS WHO THE GUEST WILL BE ON TODAY'S (FRI 18/6) SPECIAL PODCAST TO WIN $200: https://www.flux.finance/guess-the-guest...
Aussie UberEats riders: Pay us more! | Eftpos + BPay = monopoly? | G7 give China some of its own medicine
June 16, 2021 19:00 - 5 minutes - 5.3 MBAussie 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. --- GUESS WHO THE GUEST WILL BE ON FRIDAY'S SPECIAL PODC...
Aus-UK free (meat) trade deal | Bieber's baby Peloton arrives in Aus | Hyundai, GM serious about flying cars
June 15, 2021 19:00 - 5 minutes - 5.2 MBAustralia 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. --- *GUESS WHO OUR GUEST WILL BE ON FRIDAY'S SPECIAL POD FOR A CHANCE TO WIN $200: https://fluxsurvey.typeform.com/to/aEgeDBh5 --- Save money and win cash prizes up t...
Netflix launches MERCH store | Facebook to build a smartwatch | Just Jeans owner to almost double profits
June 14, 2021 19:00 - 5 minutes - 5.37 MBNetflix 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. --- *GUESS WHO OUR PODCAST GUEST WILL BE THIS FRIDAY: https://fluxsurvey.typeform.com/to/aEgeDBh5 Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get...
Chinese inflation = bad for Aus | Aussie SMS company sold for billions | Facebook's helping influencers make more money
June 10, 2021 19:00 - 5 minutes - 5.21 MBChinese 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'. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https:/...
PayPal vs Afterpay... it's on | 21 year old Aussie raises $65M for chicken nuggets | Vaping wins for British American Tobacco
June 09, 2021 19:00 - 5 minutes - 4.66 MBPaypal 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https...
Qantas' secret $50M | Aussie TikTok fam spruiks advice | Apple taking on Zoom at its own game
June 08, 2021 19:00 - 5 minutes - 5.09 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bi...
Australia is Twitter's chosen one (of two) | Afterpay recruits Rebel Wilson | G7's landmark anti-big tech deal
June 07, 2021 19:00 - 5 minutes - 5.2 MBTwitter 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://...
Bunnings going 'professional' now | ABC asks gov for $90M | WeWork Aus loses over $100M
June 06, 2021 19:00 - 5 minutes - 5.05 MBBunnings 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcr...
Woolies takes on big banks | Airtasker off to the US | Etsy hip again with Depop
June 03, 2021 19:00 - 5 minutes - 5.15 MBWoolworths 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore Downloa...
Qantas, Rex brawl after aggressive ads | RBA cool as a cucumber | Zoom anxious about the future
June 02, 2021 19:00 - 5 minutes - 5.09 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wint...
Zara Australia in trouble | Nestle admits it's not 'healthy' | China's 3 child policy = soaring stocks
June 01, 2021 19:00 - 5 minutes - 5.04 MBZara, 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditsco...
Finder to pay staff in bitcoin | Our fashion industry needs help | Netflix wants gov's proposal GONE
May 31, 2021 19:00 - 5 minutes - 5.11 MBAussie 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Win...
Pizza Hut snatches Domino's secret sauce | BTS & Maccas unite for first global meal | Boardroom brawl at ExxonMobil
May 30, 2021 19:00 - 5 minutes - 5.14 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit s...
ATO coming for crypto investors | Insta, FB hide all "likes" option | GameStop's new NFT platform
May 27, 2021 19:00 - 5 minutes - 5.12 MBThe 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). --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditsco...
Chemist Warehouse to launch e-prescriptions | Virgin Galactic closer to 'space tourism' | New York Times hungry to buy
May 26, 2021 19:00 - 5 minutes - 4.6 MBChemist 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.
Commbank's new shopping startup | Zip buys big in Middle East, Europe | Cash lottery for Aussies to vaccinate?
May 25, 2021 19:00 - 5 minutes - 4.87 MBAn 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly...
eBay gives away control of its website | Amazon Prime Video expands into live sport | Snapchat all in on glasses
May 24, 2021 19:00 - 5 minutes - 4.97 MBeBay 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. --- Save money and win cash prizes up to $250k weekly: https://bi...
Qantas loses $16 billion | Bonds loves Dusty Martin | TikTok founder 'lacks skills' and steps down
May 23, 2021 19:00 - 5 minutes - 5.03 MBQantas 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcr...
Klarna v Brexit | Aus gov happy with 'FinTok' | Oatly's $13B IPO
May 20, 2021 19:00 - 5 minutes - 5.05 MBGlobal 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit s...
Deliveroo cops landmark ruling | Coles, Woolies commit to major recycling goal | Amazon Primed for James Bond
May 19, 2021 19:00 - 5 minutes - 4.77 MBIn 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https...
Gucci enters video gaming | Hackers 1, USA 0 | Vegan city: Sukin owner buys Flora & Fauna
May 18, 2021 19:00 - 5 minutes - 5.45 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your cr...
Cadbury replacing Qantas at Rugby Aus | HBO owner keen to take on Disney+ | Islamic finance booming in Aus
May 17, 2021 19:00 - 5 minutes - 5.31 MBCadbury 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your ...
Telstra gets 2nd biggest fine in history | Aussie winemaker pivoting from China | Uber, WeWork investor breaks Japan record
May 16, 2021 19:00 - 5 minutes - 5.4 MBTelstra 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.
Closed borders could cost us $40B | Coke No Sugar on a sugar high | Tesla backflips on bitcoin
May 13, 2021 19:00 - 5 minutes - 5.21 MBAustralia’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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: htt...
Federal budget: hey BIG spender | Carsales splurges $787 million | Victoria's Secret up for sale
May 12, 2021 19:00 - 5 minutes - 5.19 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly...
Crown could merge with rival Star | Seven wants all of Boral | TikTok owner serious about e-commerce pre IPO
May 11, 2021 19:00 - 5 minutes - 5.26 MBAustralian 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.
Woolies ditching Dan Murphy's, BWS | Clubhouse finally here | Sennheiser says bye bye to consumers
May 10, 2021 19:00 - 5 minutes - 5.04 MBWoolworths 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for ...
Ten owner launching streaming competition | UberEats devouring UberRides | Estee Lauder skincare cleaning up makeup
May 09, 2021 19:00 - 5 minutes - 4.89 MBThe 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. --- 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...
ANZ Bank: Australia is dominating post COVID | Nestle enters plant-based MILK | Pandora says bye bye to mined diamonds
May 06, 2021 19:00 - 5 minutes - 5.12 MBANZ 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your...
Aussie airlines at (price) war | Pfizer makes a killing $$$ | Krispy Kreme's sugary IPO
May 05, 2021 19:00 - 5 minutes - 4.94 MBRex, 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get y...
Telstra fined for not letting you change your number | eBay Aus fighting fake sneakers | Aldi raising the green bar against big 2
May 04, 2021 19:00 - 5 minutes - 5.15 MBTelstra 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. --- Save money and win cash prizes up to $250k w...
Netflix Aus' tiny tax bill | Just Jeans owner finally repays JobKeeper | ASX could soon offer crypto ETF
May 03, 2021 19:00 - 5 minutes - 5.24 MBNetflix 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score fo...
Asahi gets into coffee with Allpress | Nine rebranding CarAdvice, thanks CarSales | Yahoo up for sale
May 02, 2021 19:00 - 5 minutes - 4.89 MBAsahi, 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditscore ...
Coles: we'll cut prices again to beat Woolies | Bunnings buying Beaumont Tiles | Apple overachieves...AGAIN
April 29, 2021 19:00 - 5 minutes - 4.92 MBColes 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcre...
JB Hi-Fi loses CEO to retail rival | Spotify's generous podcast play | Hasbro suffering from toy costs
April 28, 2021 19:00 - 5 minutes - 5.12 MBJB 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit scor...
Frank Body worth $100M | CBA Dollarmites cut by state govs | Toyota splashes $700M on self-driving
April 27, 2021 19:00 - 5 minutes - 4.88 MBAussie 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit...
Bunnings = YouTube star | Blackmores losing Chinese | Manchester United up for sale
April 26, 2021 19:00 - 5 minutes - 5.13 MBBunnings’ 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. --- Save money and win cash prizes up to $250k...
Woolies doing an Amazon | Kogan's investors exit | Nestle saving the forest
April 25, 2021 19:00 - 5 minutes - 5.12 MBWoolworths 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for ...
Netflix down in the dumps | Aus gov rips China from Vic | TikTok going green
April 22, 2021 19:00 - 5 minutes - 4.97 MBNetflix 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your ...
Target might become online-only | Woolies takes control with $223M | Britain creating own digital currency
April 21, 2021 19:00 - 5 minutes - 4.99 MBTarget 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”). --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit...
Afterpay to IPO AGAIN (in US) | Facebook afraid of Clubhouse | Soccer's World War
April 20, 2021 19:00 - 5 minutes - 5.24 MBAfterpay 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek ...
Google lied to us | Apple Music pays artists more than Spotify | Citibank exits Aus after 36 years
April 19, 2021 19:00 - 5 minutes - 5.24 MBGoogle 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. --- Weekly newsletter: https://bit.ly/fluxnewsletter Save money and win cash prizes up to $250k wee...
Zip's crypto, share trading evolution | Telstra considering international merger | Adidas' mushroom shoes
April 18, 2021 19:00 - 5 minutes - 4.7 MBZip 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxcreditsco...
Coinbase: $145 billion IPO | Michael Hill profits despite lockdowns | Grab super-app in world's biggest SPAC
April 15, 2021 19:00 - 5 minutes - 5.33 MBCoinbase’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. --- Save money and win cash prizes up to $250k weekly: https://bit....
CBA all in for women's soccer | Climate: NZ's potential law for businesses | Square provoking our big banks
April 14, 2021 19:00 - 5 minutes - 5.08 MBCommbank 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. --- Save money and win...
Menulog breaks away from UberEats, Deliveroo | Klarna kisses Flybuys | Microsoft poaches Siri
April 13, 2021 19:00 - 5 minutes - 5.27 MBMenulog 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/fluxc...
Volkswagen in Aus: Record $125M fine | Asahi: After big Aussie buys, cutting down debt | Alibaba whacked with $4.9B fine from China
April 12, 2021 19:00 - 5 minutes - 5.33 MBA 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https...
Coles v Woolies: Down Down is back | Netflix's Spiderman, Jumanji deal | News Corp raising $1B to for acquisition frenzy
April 11, 2021 19:00 - 4 minutes - 4.61 MBColes 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. --- Weekly newsletter: https://bit.ly/fluxnewsletter Save money and win cash prizes up to $250k weekly...
Cotton On to IPO soon? | Deliveroo's disaster IPO propped up by Goldman Sachs | Toshiba being hunted for $26B
April 08, 2021 19:00 - 5 minutes - 5.22 MBAustralian 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bi...