News Corp's $220M+ offer rejected by PointsBet | Bitcoin's 18 month low | ASX loses $116B in a day - podcast episode cover

News Corp's $220M+ offer rejected by PointsBet | Bitcoin's 18 month low | ASX loses $116B in a day

Jun 14, 20226 min
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Episode description

PointsBet, the Aussie-born online betting company, has rejected a $220 million+ takeover offer from News Corp, which wants to enter the gaming industry in Australia.

 

Bitcoin prices have have hit an 18-month low, dipping under US$25,000 for the first time since December 2020.

 

The ASX200 saw $116 billion of value wiped off the index yesterday - and it has officially entered 'correction territory'.

 

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News Corp's $220M+ offer rejected by PointsBet | Bitcoin's 18 month low | ASX loses $116B in a day | What the Flux podcast - Listen or read transcript on Metacast