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
Now streaming: Syd Opera House | Has your FB data been hacked? | Aussie tech star worth almost $20B
April 07, 2021 19:00 - 5 minutes - 5.05 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://bit.ly/flu...
Virgin hooks up at 7-Eleven | LG: Life's bad with smartphones | ANZ Bank timid in Myanmar
April 06, 2021 19:00 - 5 minutes - 5.44 MBVirgin 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your cre...
Deliveroo's DISASTER IPO | 'Voltswagen' in big trouble | Big breakup: Coke Aus & Coke USA
April 05, 2021 19:00 - 5 minutes - 5.51 MBDeliveroo 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. --- TikTok: https://www.tiktok.com/@flux.finance Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https...
Aussie floods mean Suncorp to pay $250M | Cameo celeb app worth $1B | PayPal to convert crypto into regular currency at checkout
March 31, 2021 18:00 - 5 minutes - 5.42 MBAustralian 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your cred...
realestate.com.au becomes a lender | WeWork IPO 2.0 after massive fail | Tabcorp says $3B's not enough
March 30, 2021 18:00 - 6 minutes - 5.56 MBREA 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https...
'Link in bio' worth $100M+ in Aus | China v Aus: 5 more years for wine tariffs | Nine suffers big cyber attack
March 29, 2021 18:00 - 5 minutes - 5.52 MBAussie ‘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. --- Weekly newsletter: https://bit.ly/fluxnewsletter Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit s...
TPG founder at war with Vodafone? | Intel = backstreet back | WTF is the Suez Canal
March 28, 2021 18:00 - 5 minutes - 5.41 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https://b...
Just Jeans owner refuses to give back JobKeeper | GameStop lets everyone down | Music streaming hits all time high thanks to Spotify, Apple Music
March 25, 2021 19:05 - 5 minutes - 5.46 MBPremier 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get yo...
Airtasker up almost 170% since IPO | BYO Zoom coming soon | Microsoft salivating over Discord
March 24, 2021 18:00 - 5 minutes - 5.43 MBAirtasker, 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: http...
Cop that Coles: Aldi hits $10B | Telstra prepping to buy NBN | Clubhouse still naked on Android
March 23, 2021 18:00 - 5 minutes - 5.51 MBAldi 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https...
Crown casino = $8B (despite naughtiness) | TikTok star to 'NFT' viral video | Nike shoes are stuck at ports
March 22, 2021 18:00 - 5 minutes - 5.51 MBAustralia’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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free: https:...
Afterpay v CBA: the battle heats up | Amazon to own live sport | Squarespace worth $13B
March 21, 2021 18:00 - 5 minutes - 5.36 MBThe 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. --- Save money and win cash prizes up to $250k weekly: https://bit.ly/Wintheweek Get your credit score for free...
CommBank's hypocritical buy now pay later | Volkswagen taking on Tesla | Snapchat to find you perfectly fitting fashion
March 18, 2021 18:00 - 6 minutes - 5.55 MBThe 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/FluxappGooglePlay Download the free app (App Store): http://bit.ly/FluxAppS...
Coles, Nestle to recycle choccy wrappers | Pepsi could sell Aussie snacks business | eToro looking to SPAC at $13 billion
March 17, 2021 18:00 - 5 minutes - 5.44 MBColes, 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/ G...
Plant based meat = too expensive | Hospital Now, Pay Later | China bullying Alibaba again
March 16, 2021 18:00 - 6 minutes - 5.57 MBAustralia’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 s...
Vice returns to Aus (again!) | Netflix cracking down on password sharing | China to be world's first majority online economy
March 15, 2021 18:00 - 5 minutes - 5.21 MBVice, 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/fluxcreditscore Download the ...
Menulog and Snoop Dogg going rural | Uber, Lyft unite to ban bad drivers | Penfolds owner selling out
March 14, 2021 18:00 - 5 minutes - 4.83 MBMenulog 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/ G...
Half price airfares for Aussies | 'Instagram Lite' to launch around the world | Peloton coming to Aus
March 11, 2021 18:00 - 5 minutes - 5.34 MBThe 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/fluxcreditscore Download the free app: https://apps.apple.com/...
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
March 10, 2021 18:00 - 5 minutes - 5.17 MBJobKeeper 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/fluxcreditscore Downloa...
Facebook dragging its feet in Aus | Deliveroo to IPO and reward riders with cash | Aussie businesses to get $1B for apprenticeships
March 09, 2021 18:00 - 5 minutes - 5.5 MBAustralian 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/fluxcreditscore Do...
Italy blocks Australia's COVID vaccines | Jay-Z laughing all the way to the bank | Google to stop tracking your personal data
March 08, 2021 18:00 - 5 minutes - 5.07 MBItaly 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/fluxcreditscore Download the free app: https://apps.apple.com/au/app/flux/id1526084838 Weekly ne...
Netflix tries to compete with TikTok | Female gold medalists launch female media platform | Xero's biggest buy ever
March 04, 2021 18:00 - 5 minutes - 5.08 MBAccounting 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/fluxcreditscore Save money and win cash prizes up to $250k weekly: https://www.flu...
Aussie lender fighting for life | Musician 3LAU releases first ever crypto album | Warren Buffett's now investing in himself
March 03, 2021 18:00 - 5 minutes - 5.3 MBGreensill, 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...
Property prices in your city = skyrocketing | David Jones' food disaster | Klarna v Afterpay reaches $1.3B
March 02, 2021 18:00 - 5 minutes - 5.29 MBProperty 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/fluxcreditscore Download the free app: https://apps...
Woolies the new $10b pet king | Airbnb exposes itself for the first time | Robinhood planning a Robinhood IPO
March 01, 2021 18:00 - 5 minutes - 5.27 MBWoolworths 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/fluxcreditscore Download the free app:...
Facebook v Government: Who won? | Afterpay could be IPO-ing again | Twitter launches new money maker
February 28, 2021 18:00 - 5 minutes - 5.28 MBAustralian 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/id1526084838 Save money and win cash prizes up to $250k weekly: https://www.flux.finance/ Get your c...
Woolies destroying Coles online | Qantas in dire straits | Westfield owner's giant loss
February 25, 2021 18:00 - 5 minutes - 5.17 MBWoolworths 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.finance Save money and win cash prizes up to $250k weekly: https://www.flux.finance/ Get your credit score for free: https://bit.ly...
Jay-Z sells out to Dom Perignon owner | Canva in Euro startup buying frenzy | LinkedIn to launch white collar Airtasker
February 24, 2021 18:00 - 5 minutes - 5.13 MBAussie 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...
TikTok Aus embraces online shopping | SEEK breaking up with itself | Spotify chases next billion users
February 23, 2021 18:00 - 5 minutes - 4.96 MBTikTok 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...
Aus Open TV ratings plummet | Uber loses big HR case | TransferWise now just 'Wise'
February 22, 2021 18:00 - 5 minutes - 4.94 MBThe 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 ...
Facebook's ban on essential services | Bank of QLD to buy rival | Global debt worse than GFC
February 21, 2021 18:00 - 5 minutes - 5.22 MBFacebook’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 inte...
Facebook cuts Aussie news publishers | Rio Tinto bows to carbon pressure | Aussie giant CSL strikes flu gold
February 18, 2021 18:00 - 5 minutes - 5.02 MBFacebook 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/newsletter Learn more about today's stories: www.flux.f...
Domino's profit hits record $100m | Adidas finally selling Reebok | Universal Music to IPO
February 17, 2021 18:00 - 5 minutes - 4.99 MBProfit 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/newsletter Save money and win cash prizes up to $250k weekly: https://www.flux.finance/ Get your credit score f...
News Corp eyes gambling market | Corona beer suing Corona seltzer | Jaguar, Land Rover 100% green by 2025
February 16, 2021 18:00 - 5 minutes - 5.22 MBAustralian 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/fluxcreditscore Download the free app: https://apps.a...
Taylor Swift fights for her (music) rights | Aus Open and Snapchat unite in lockdown | Seven Network first to fall in Google deal
February 15, 2021 18:00 - 5 minutes - 5.1 MBSeven 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/id1526084838 Save money and w...
Bumble's IPO date goes VERY well | Telstra profits fall, but dividend stays | NAB's 86400 acquisition under investigation
February 14, 2021 18:00 - 5 minutes - 4.92 MBDating 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/fluxcreditscore Download the free app: htt...
Hollywood comes to Aus | TikTok's forced sale 'shelved' | Spotlight to launch 150 new stores... now?
February 11, 2021 18:00 - 5 minutes - 4.88 MBHollywood 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/newsletter Save money and win cash prizes up to $250k weekly: https://www.flux.finance/ ...
Reddit raises $320M after Wall St Bets hype | Coke's first 100% plastic bottle | Crown 'not suitable' to operate new casino
February 10, 2021 18:00 - 5 minutes - 4.91 MBReddit 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/fluxcreditscore Download the free app: https://apps.appl...
Nick Scali repays JobKeeper | Tesla buys $1.95B bitcoin | Clubhouse blocked in China
February 09, 2021 18:00 - 5 minutes - 5.06 MBFurniture 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/fluxcreditscore Download t...
Westpac's $300M crypto win | China taking on US in digital currency fight | Climate-friendly loans to reach record in 2021
February 08, 2021 18:00 - 5 minutes - 5.22 MBWestpac’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: http...
RBA pins rates to the floor | Dogecoin: meme culture meets finance | AGL cops $2.7B hit as industry suffers
February 07, 2021 18:00 - 5 minutes - 5.1 MBThe 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/fluxcreditsco...
Microsoft swings at Google in Aus | Telstra cuts 1400 jobs | Spotify triples podcasts
February 04, 2021 18:00 - 5 minutes - 5.1 MBMicrosoft 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/fluxcreditscore Download the free app: https://apps.apple.com/au/...
Chemist Warehouse to sell cannabis | Amazon founder steps down | Aussie banks complain about BNPL risks
February 03, 2021 18:00 - 6 minutes - 5.57 MBChemist 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....
GameStop saga reaches Aus | Robinhood raises $3.1B in desperation | Hyundai's top execs worried about Apple car deal
February 02, 2021 18:00 - 5 minutes - 5.28 MBThe 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/f...
Microsoft's Bing keen to answer Gov's call | NAB to buy neobank 86400 | Coinbase to IPO via 'direct listing'
February 01, 2021 18:00 - 5 minutes - 5.31 MBMicrosoft 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/fluxcreditscore Newsletter: https://www.flux.financ...
Aussie Reddit group wants similar 'market play' | Uber Eats flips its business model | Apple breaks records
January 31, 2021 18:00 - 5 minutes - 4.82 MBThe 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.l...
RM Williams wants to be 100% Aussie again | Facebook's 2021 obstacles | Johnson & Johnson to enter vaccine race
January 28, 2021 18:00 - 5 minutes - 5.04 MBThe 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/fluxcreditscore Newsletter: http...
Vinomofo CEO steps aside ahead of IPO | Reddit traders rebel against pro investors | New social network raises $130M
January 27, 2021 18:00 - 5 minutes - 5.02 MBThe 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:/...
Aus Open sponsors optimistic despite tiny crowds | Chobani enters the coffee game | Google's Alphabet shuts down ambitious wifi startup
January 26, 2021 18:00 - 5 minutes - 5.12 MBAlthough 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/Wintheweek Free credit score: https://bit.ly/fluxcreditscore Start your...
Airtasker wants a $250M+ IPO | Dick Smith shareholders to share $5.6M payout | TikTok owner enters financial services in China
January 24, 2021 18:00 - 5 minutes - 5.04 MBAirtasker, 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/Wintheweek Free credit score: https://bit.ly/fluxcreditscore N...