Kirin, the Japanese beer behemoth has made a $1.9 billion takeover bid for Blackmores, Australia's largest vitamins group. Meta’s shares have popped 12% after they saw an unexpected increase in sales for the first quarter. Coca Cola is leveraging AI to boost their business operations and stay ahead of competition. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Pl...
Apr 27, 2023•6 min•Transcript available on Metacast The former head of the Australian Competition and Consumer Commission reckons that AI companies should be paying for news content from Australian publishers. Google’s parent, Alphabet, saw its revenue beat expectations thanks to Google Ads, Youtube Ads and Google Cloud. PepsiCo has kicked off 2023 with a big fizz after its first quarter beat all expectations thanks to major growth in the Indian market. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Down...
Apr 26, 2023•6 min•Transcript available on Metacast Swisse vitamins’ had a very strong quarter of sales after using social media comedians, the Inspired Unemployed, to help boost their new products. BuzzFeed is shutting down its news division and cutting another 15% of staff after a tough 12 months for digital news publishers. IKEA is planning a global expansion with a plan to spend $2 billion to expand in the US, which is its biggest investment in a single country. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fl...
Apr 25, 2023•6 min•Transcript available on Metacast The CEO of $US1.3 billion Aussie startup Linktree has said Linktree is not dead in the water after Instagram copied its most popular feature. Michael Hill, the Aussie jewellery retailer , has acquired its rival Bevilles for $45 million. Netflix has announced some underwhelming quarterly results after its growth slowed.. But it’ll still be cracking down on its password-sharing… shortly. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app...
Apr 23, 2023•6 min•Transcript available on Metacast The Reserve Bank of Australia is looking likely to receive a big change with two boards instead of one in a maaaajor overhaul by the Treasurer. Silk Laser, the skin and laser clinic, is in talks with Wesfarmers’ API for a $169 million takeover bid. Apple has opened its first Apple store in India as it pushes hard to find a new bestie and push production away from China. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): ht...
Apr 20, 2023•6 min•Transcript available on Metacast Rugby Australia is looking for raise $250m from private equity firms globally after seeing the success of New Zealand Rugby. Samsung is considering replacing Google Search with Microsoft’s Bing as the default search engine on its devices. Online retail marketplace, Temu, has set its eyes on launching in Australia after being the most downloaded app in the US. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly...
Apr 19, 2023•6 min•Transcript available on Metacast Sega has acquired the maker of Angry Birds for $776 million USD to grow its presence in the mobile gaming market. Scams are now costing Australians more than $3 billion a year - but the real figure is likely much much higher. Apple has introduced a high-interest savings account to push deeper into financial services. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google...
Apr 18, 2023•6 min•Transcript available on Metacast Coles, Harvey Norman and Myer credit card customers have had their private data exposed in Latitude Financial’s recent cyberattack. Netflix, Paramount and Amazon may be required to spend up to 20% of their Australian revenue on new Australian programs. Disney’s latest animated release, Strange World, has lost the studio almost $300 million USD because families prefer to watch on Disney+. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free a...
Apr 17, 2023•6 min•Transcript available on Metacast Coles and Uber Eats have announced their very own one-hour grocery delivery service - days after the collapse of MilkRun. Twitter is launching a new way for users to charge for access to their content - to keep creators happy and let them add another revenue stream. Aussie fashion start-up, AirRobe, is launching a new program with the aim of making selling second-hand clothes a little easier — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the fr...
Apr 16, 2023•6 min•Transcript available on Metacast The Australian Tax Office has found a new way to get people to complete tax returns… and it’s all in the words. Amazon will remove free returns for some of its online purchases as part of its plan to disincentivise customer returns. LVMH, the world’s biggest luxury company has reported a 17% rise in their quarter one sales - absolutely smashing expectations. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/...
Apr 13, 2023•6 min•Transcript available on Metacast EY has scrapped its plans to split up its audit and consulting business arms after it couldn’t get the US partners on board. Twitter apparently “no longer exists” after Elon Musk merged Twitter with a shell company called XCorp - and this marks the first step in his super app ambitions. The ACCC wants to see the current merger laws changed to prevent companies from dominating individual markets. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download th...
Apr 12, 2023•6 min•Transcript available on Metacast Milkrun, the speedy grocery delivery company, will close its doors and make all employees redundant after struggling to raise more money in the current market. The Super Mario Bros movie breaks box office records over the weekend and the share price of Nintendo sees a 4% bounce Tupperware, the brand behind the kitchenware, is running out of money as competitors take them on — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store)...
Apr 11, 2023•6 min•Transcript available on Metacast Viva Energy, the company behind Shell petrol stations, has acquired service station network On the Run for over $1 billion. Google has made some major updates to its search engine as it starts to face Search competition for the first time in years. Coca Cola produces $3 billion worth of pure cocaine per year and sells it to dentists --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download th...
Apr 10, 2023•6 min•Transcript available on Metacast Richard Branson’s Virgin Orbit has filed for bankruptcy after it struggled to secure long term funding to recover from its rocket failures. Endeavour Group, Australia’s largest drinks and hospitality company, is bringing their hospo experience into Sydney’s newest e-sports and gaming centre. Johnson & Johnson, the consumer goods behemoth, has agreed to pay $8.9 billion USD to settle thousands of lawsuits around its talcum powder. --- Build the financial wellbeing of your team with Flux at Wo...
Apr 05, 2023•6 min•Transcript available on Metacast BWX, the large Aussie beauty and skincare company, is officially in receivership after it lost support from its bank. Spotify is shutting its live audio app Spotify Live because it no longer makes sense as a standalone app. Aussie app developers are joining a class action suit against Google and Apple for abusing their market power and charging 30% commission for in-app purchases. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (A...
Apr 04, 2023•6 min•Transcript available on Metacast Coles has acquired two milk processing facilities for over $100 million to secure milk supply TikTok owner, ByteDance, has pushed their new social media app to the top 10 on US app charts in preparation for TikTok’s country-wide ban The parent company of UFC is in advanced talks to acquire World Wrestling Entertainment (WWE) in a major deal —- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Down...
Apr 03, 2023•6 min•Transcript available on Metacast Tesla’s price war in China, the world’s biggest car market, appears to be backfiring…as their #1 competitor starts to thrive big time. Crocs, the famously ugly footwear, is still dominating post pandemic - suggesting that not all pandemic trends have faded. Channel Seven has locked in an exclusive deal to air the ICC World Test Championship final, but this deal is all about the audience. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free...
Apr 02, 2023•6 min•Transcript available on Metacast Logistics company DHL is pushing beyond just carbon offsetting when it comes to cutting their emissions. Artificial intelligence experts and leaders, including Elon Musk, are calling on developers to pause the development of AI models. Adidas has parted ways with another one of its major partners - this time, we’re talking Queen B - Beyonce. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Do...
Mar 30, 2023•6 min•Transcript available on Metacast Qantas and Virgin are being called out for gatekeeping Sydney Airport’s runways. Lithium miner Liontown Resources has rejected a $5.5 billion takeover bid from US giant Albermarle because Liontown reckons it's worth more. Alibaba plans to split its $328 billion empire into six smaller units - for future growth…. and to keep the Chinese government on side. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/F...
Mar 29, 2023•6 min•Transcript available on Metacast Origin Energy has officially signed a takeover deal worth $18.7 billion after months of to-ing and fro-ing with international investors. TikTok’s CEO testified before US Congress late last week to put forward his case for TikTok to remain in the US… and it’s right in the balance. Woolworths has bid “adieu”, “au revoir” and “goodbye” off to its international export business after it just didn’t stack up post-COVID. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/f...
Mar 28, 2023•6 min•Transcript available on Metacast Premier Investments, the owner of Peter Alexander and Smiggle, has achieved record sales despite concerns around discretionary spending. Foxtel’s been pretty pleased with the viewership numbers of its sports games early this season - but it may have inflated these numbers by as much as 40 per cent. Deutsche Bank’s share price was hit hard late last week with major fears that it was the next bank in line to collapse. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly...
Mar 27, 2023•6 min•Transcript available on Metacast Afterpay’s owner Block has been accused of fraud by a well known short-seller investor. Cosmetics giant Mecca have got themselves in a prickly pickle - realising they’ve underpaid their staff more than $500,000. Accenture, the tech consulting giant, is cutting 19,000 jobs, approximately 2.5 percent of its global workforce, as demand for its services drops. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/...
Mar 26, 2023•6 min•Transcript available on Metacast One of Australia’s biggest crypto exchanges believes the recent pain in the US banking industry is a giant opportunity for bitcoin. The Federal Reserve, aka the Fed aka, the US central bank, has raised interest rates by 0.25% after a shaky couple of weeks in the banking sector. Netflix hit 1 million US users to its ad-tier just two months after launching, but it's got even bigger plans in its pipeline. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Do...
Mar 23, 2023•6 min•Transcript available on Metacast Woolies is shimmying its way into healthcare through its brand new telehealth platform. Nike has done it again after raising its expected revenue for the full year and growing market share ….thanks to major slip ups from Adidas. Intrepid Travel, one of the largest travel companies in Australia, has had its strongest monthly bookings ever, after a couple of years-to-forget in the travel sector. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download th...
Mar 22, 2023•6 min•Transcript available on Metacast An Australian startup that makes hypnotherapy apps has raised nearly $18 million in an oversubscribed capital raise. Just Cuts, the budget hair stylists across Australia, is making big bucks as shoppers get thrifty. TikTok has partnered with the Major League Soccer to bring exclusive content to the app…despite being required to present to the US congress this week --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http:/...
Mar 21, 2023•6 min•Transcript available on Metacast UBS has agreed to buy its arch rival Credit Suisse in a $3.2 billion USD deal, which was brokered by the Swiss government. Google will no longer sell its smartglasses after they struggled to gain traction, all while Google is looking to cut more costs. Myer is bringing the undercover cops in-store to crack down on theft in-store and recover their margins. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/F...
Mar 20, 2023•6 min•Transcript available on Metacast Global investment bank Credit Suisse is in turmoil after major investors withdrew their investments from the company. Aussie lender Latitude Financial has suffered a major cyberattack, and the data of more than 300,000 customers has been stolen. Luxury watchmaker Rolex is ramping up production of its products big time in order to meet a huge rise in demand --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/...
Mar 19, 2023•6 min•Transcript available on Metacast Xero, the accounting giant, has announced that profitability is its number one focus - and that means major cost cutting on the agenda. Saudi Aramco, the biggest oil company in the world, just claimed the record for the highest-ever-recorded annual profit by a publicly listed company. TikTok is considering splitting from its Chinese parent company, Bytedance, if it can’t come to an agreement with the US soon. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxat...
Mar 16, 2023•6 min•Transcript available on Metacast WeightWatchers has acquired a subscription telehealth platform for $132 million USD to expand into remote prescribing of popular weight loss drugs. Aussies skincare brand, Purely Byron, which was co-founded by model and actor Elsa Pataky, has collapse after less than a year. eBay has seen a huge spike in purchases of exclusive collectibles on its platform despite the experiencing a cost-of-living crunch. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork ...
Mar 15, 2023•6 min•Transcript available on Metacast The US has seen its largest banking failure since 2008 with the collapse of Silicon Valley Bank - the main bank for mature, funded startups globally. The US Congress has promised to make all Silicon Valley Bank customers ‘whole’, meaning none of them will lose a cent after its collapse. The collapse of SVB has caused waves all over the world - including in Australia - and this could create a lasting impact for both businesses startups and banks. --- Build the financial wellbeing of your team wit...
Mar 14, 2023•6 min•Transcript available on Metacast