Facebook's own crypto collapses | Aussie Aristocrat ditched in the UK | $23B: Exxon is back (and better than ever?) - podcast episode cover

Facebook's own crypto collapses | Aussie Aristocrat ditched in the UK | $23B: Exxon is back (and better than ever?)

Feb 03, 20226 min
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Episode description

Diem, the ambitious crypto project funded by Facebook has collapsed after a more than two-year effort.

 

Aussie gambling software maker Aristocrat Leisure has to abandon its $4B takeover of Playtech after Playtech’s shareholders rejected the deal.

 

After the oil industry hit record lows in 2020, Exxon Mobil’s annual profits have exploded to US$23 billion - its highest levels since 2014.

 

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Facebook's own crypto collapses | Aussie Aristocrat ditched in the UK | $23B: Exxon is back (and better than ever?) | What the Flux podcast - Listen or read transcript on Metacast