Twitter Aus' $2m loss | Apple, Block turns phones into payment terminals | ACCC stares down airports, airlines - podcast episode cover

Twitter Aus' $2m loss | Apple, Block turns phones into payment terminals | ACCC stares down airports, airlines

Jun 06, 20226 min
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Episode description

Twitter Australia reported losses of $2 million in 2021 thanks to rising sales and marketing expenses (and it led to a pretty low tax bill).

 

Apple has partnered with payments rival Block on its ’s Tap To Pay feature, which turns iPhones into payment terminals, and will let Apple’s payment terminal become available to Square sellers.

 

The ACCC has warned airports and airlines to play nice with commercial negotiations, and is planning to keep a close eye on airport profit margins.

 

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Twitter Aus' $2m loss | Apple, Block turns phones into payment terminals | ACCC stares down airports, airlines | What the Flux podcast - Listen or read transcript on Metacast