What the Flux

Voly, the Aussie grocery delivery startup, has had to cut staff, shut warehouses and can its 15-minute delivery promise - as the industry takes a bit of a turn. Kellogg’s is going to split itself into three publicly listed companies: snacks, cereal and plant-based meat. IKEA is rolling out a new AI-driven interactive design experience where customers can design and visualise their own living spaces - from their smartphones. --- Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Humm, the consumer loans slash buy now pay later company, has seen 5 of its directors step down from the board after a deal to sell the biz to Latitude Financial fell through. Naomi Osaka, the four-time Grand Slam champion, is launching a new media company with the aim of crossing cultural barriers. Microsoft is going to stop selling technology that guesses someone’s emotions based on their facial image… to get ahead of lawmakers. --- Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Aussie t-shirt maker Threadheads has broken equity crowdfunding history, so now they can print more “Get on the beers” tshirts. An Australian app that aims to diagnose covid by listening to the sound of a cough has failed its final test before its potential takeover by Pfizer. Crypto lending platform Solend has seen its community vote against enabling the platform to take over a major user's account. --- Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Qantas and Airbus have announced they will invest nearly $300m in Australia’s sustainable aviation fuel industry to speed up their goal of lowering carbon emissions. Telegram, the instant messaging app, has topped 700 million active users, and is rolling out a premium version so it can finally start monetising. Amazon is slamming the brakes on its expansion plans after facing the most difficult financial period it has ever faced. --- Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Lego is investing US$1 billion in a new factory to keep up with growing demand - and these days, it ain’t just from kids.   Australian grocery products have decreased in size without changing their price tag, according to a new report.   The US Federal Reserve has hiked interest rates over there by 0.75% - the biggest increase since 1994.   ---   Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

We’ve just experienced a historic moment in Australia’s National Electricity Market with the the Aussie energy regulator suspending the National Electricity Market for the first time in history to stabilise the grid.   A sneaky leaked memo has revealed Meta wants to change Facebook’s algorithm to look a little more like TikTok’s.   Apple has bought the exclusive rights to broadcast Major League Soccer in a monstrous deal rumoured to be worth $250 mill a year for 10 years!   ---   Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

ANZ Bank is considering acquiring accounting software company MYOB to boost its offering to existing and new small business customers - and this could really spice things up.   Volkswagen could sell more electric cars than Tesla in 2024, according to a new report, as the battle to be the EV leader heats up.   Celsius Network, one of the biggest crypto lenders, has paused withdrawals, swaps and transfers between accounts - as crypto tanks and the company becomes concerned that they could run out of funds.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

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'.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

After a rocky few years, Virgin Australia has announced its return to profitability… and is now considering listing on the ASX as early as next year.   Microsoft is partnering with Samsung to launch Xbox on Samsung Smart TVs without an Xbox console.   Campbell’s Soup has posted its latest earnings, and it has cooked up a 7% sales growth in the last 3 months.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Spotify reckons it’ll crack $100 billion in revenue annually in the next 10 years.   BuzzFeed’s stock has lost more than a third of its value - after the company’s pre-IPO lockup agreement expired.   Revlon might put its Aussie subsidiary up for sale as it tries to find ways to pay down its debts and stay alive.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Aussie crypto exchange Swyftx and share trading platform Superhero have announced a surprise merger.   The EU just approved a law that requires phone manufacturers to use the same charging port in all devices.   Uber is going green by spending $26 million over the next three years cutting fees for drivers that use electric vehicles, in an attempt to increase uptake.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

The Reserve Bank of Australia has announced its second rate rise in 2 months, raising the interest rate by 0.5% - in an attempt to slow down inflation.   Swoop Aero, an Aussie drone-powered logistics startup, has turned down a $100 million takeover offer - and instead, has raised $18 million of private cash.   Apple has hit 'show-off' mode at the its Worldwide Developers Conference, unveiling a tonne of new features and products.   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

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.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Realestate.com.au’s parent company REA Group has said it wants to own ALL elements of the property experience, and reckons there are more acquisitions on the horizon.   Deutsche Bank, Germany’s biggest bank, is under investigation over allegations that one of its divisions engaged in greenwashing.   The EU has banned Russian oil and now it’s also planning to ban insuring Russian oil ships.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Lithium shares have been through a massive sell-off on the ASX, after a report came out saying road transport ain’t on track for carbon neutrality by 2050.   An ex-employee of NFT platform OpenSea has been arrested and charged with insider trading of NFTs - and this is the very first charge of insider trading for NFTs.   Canva investor Franklin Templeton has once again cut the value of its investment in the Aussie tech unicorn, bringing the value of its shareholding in Canva down 58.5% in the last 6 months.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Australia’s energy regulator has been forced to cap gas markets in some major Aussie cities after the wholesale price of gas soared 80 times the normal level.   TikTok is testing a new feature that’ll allow for a “distraction-free” scrolling experience on the app.   Missguided, the fast fashion brand, has collapsed into administration after failing to repay suppliers filed to shut it down over unpaid debts to its suppliers.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

EY is looking at spinning off its audit business into a completely different company.   Humm, the buy now pay later company, has told its shareholders that its consumer finance arm ain’t profitable…as it tries to get shareholders to approve its sale to Latitude Financial.   Samsung is reportedly cutting its smartphone production by 30 million - and Apple is too by 20 million - as the smartphone industry takes a turn.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

NAB is launching a BNPL product this July, with a view to engage customers rather than bring home the bacon.   The NSW Government is reportedly looking at rescue packages for one of Australia’s biggest building companies - Metricon - as well as the construction industry as a whole.   Online gaming platform Roblox has partnered with a video game that functions as a treatment for ADHD to dish out in-game rewards.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Daily newsletter: https://bit.ly/fluxnewsletter   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

NBN Co, the company behind the NBN, reckons it is at risk of being an unsustainable business - thanks to competition from new players… including Elon Musk’s Starlink.   Glencore, the world’s biggest mining company, has admitted to bribery and market manipulation (over 11 years), and will pay $2.1 billion to settle the case.   Skincare brand Glossier is waving goodbye to its founder, who is stepping down after one hell of a rocky year.   ---   PLAY QUICK STICKS TODAY (FOR THE FINAL TIME) FOR A CHANCE TO WIN $$$: Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Australia’s first carbon credits ETF is set to hit the ASX… and it could have a major effect on carbon credit prices.   Zoom, the WFH sensation, has delivered better-than-expected first quarter earnings… and its shares spiked 16% - because growth in a post covid world ain’t easy for old Zoomy.   The company that pioneered the instant grocery delivery space, Gorillas, Berlin’s instant grocery delivery startup, Gorillas, is laying off around 300 employees and exiting 4 markets… despite raising US$1 billion just 7 months ago.   ---   PLAY QUICK STICKS AND WIN $$$: Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Qantas’ Loyalty business has made its biggest acquisition EVER by acquiring a majority stake in TripADeal, an online travel booking company.   Snap Inc, the owner of Snapchat, has had an internal memo leaked which said it will miss its revenue goals for this quarter… and its share price has been smashed.   Meta Australia, the owner of Facebook, paid just $24 million in tax for last financial year, despite earning over $1bn in revenue.   ---   PLAY QUICK STICKS TO WIN $$$: Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Anthony Albo Albanese and his Labour Party won the 2022 Federal election on Saturday night - and there are plenty of companies who look set to become winners under his policies... and there are some losers too.   WhatsApp, the messaging platform owned by Meta, has launched a new service that will give businesses a new way to use WhatsApp - with a plan to open up a new revenue stream.   Klarna, the pink-coloured buy now pay later behemoth, is back at it again, aiming to raise $1 billion from new and existing investors - but this time it’s a little bit different.   ---   PLAY QUICK STICKS FOR A CHANCE TO WIN $$$ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Woolworths has offered to buy 80% of e-commerce company MyDeal.com.au for a huge $243 million as they plan to ramp up their marketplace offering.   Tesla has been dumped from the US sustainability index, the S&P 500 ESG, because of claims of racial discrimination and crashes with its autopilot vehicles.   The US Soccer Federation has become the first governing body in soccer to pay its mens and womens soccer teams equally.    ---   PLAY QUICK STICKS: Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Treasury Wine Estates, the Aussie winemaker, is planning to side-step China’s expensive wine tariffs by making its famous Penfolds within China itself.   Berkshire Hathaway, the US conglomerate headed up by investing legend Warren Buffett, is on a spending spree while everyone else is panicking.   A massive Melbourne pub has been sold for $85 million - but interestingly, one of the biggest beneficiaries of the sale will be AFL club Hawthorn.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Wesfarmers, the owner of Kmart, Bunnings and Officeworks, has relaunched its customer membership program - with a new twist.   CommBank is trying to compete with other banks and fintechs by launching a digital-only home loan that aims to approve home loans in 10 minutes.   Block, the company formerly known as Square, is rolling out Afterpay to its in-store customers - that’s everyone from fruit shops to nail salons - and even humble cafes.   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

StepOne, the Aussie underwear brand, has seen its shares crash by almost 60% after the company downgraded its sales targets.   McDonald’s has officially pulled every Ronald McDonald, Hamburgler and Grimace from Russia and is selling off its 850 restaurants.   Elon Musk has put his plans to buy Twitter on a “temporary hold” while he investigates the platform’s spam accounts.   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Better beer, a zero-carb beer brand backed by influencers/comedians The Inspired Unemployed has become one of the fastest growing beer brands Australia’s ever seen!   Apple’s stock has taken an 8% hit, wiping out hundreds of billions in value as the tech industry continues its downward spiral.   First home buyers have been promised access to a ‘responsible amount’ of their super for housing in a last minute promise - if the Liberal government gets elected.   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Woolies and Coles are clinking glasses after they topped the list of the most-trustworthy Aussie brands, as retail sales experience a significant boom. And, cop that big 4 banks.   Airbnb has introduced a tonne of new changes to its platforms to keep up with changing consumer behaviours.   Xero, the cloud accounting firm, has seen its revenue grow 29% to hit NZ$1 billion… which sounds good, but its shares tanked 12% on the news. Um, why?   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Swisse vitamins has seen its sales surge by 29% in Australia, thanks to a renewed focus on selling through supermarket chains and community pharmacies.   Electronic Arts - ie the crew behind EA Games - is planning on launching three blockbuster mobile games later this year… and it’s clearly all about mobile and NOT PS20 or Xbox.   Disney+ has kept up its subscriber growth momentum, gaining nearly 8 million paid customers in the first three months of 2022.   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Woolies is going to let customers pay with QR codes, as it tries to turn up the heat against card giants like Mastercard and Visa.   Instagram will begin testing NFTs user profiles this week, so that you can now have your Bored Ape in your profile picture (but not everyone in the decentralised world of Web3 is happy about Zuck coming in).   UST, one of the largest crypto stablecoins, has just sank below 70 cents in value - which is very interesting... since it’s meant to remain at its intended $1 peg.   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

28 by Sam Wood, the fitness app, has been acquired by Aussie genomics company myDNA in a $50 million USD deal.   Woolworths, the South African one (not to be mistaken for the Woolies we know and love) is reportedly looking to flog David Jones… and is getting serious about it with investors.   Grindr, the LGBTQ dating app, is planning to go public, making it the third dating giant to go public in the last three years.   ---   Daily newsletter: https://bit.ly/fluxnewsletter Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

TPG Telecom, the third largest telco in Australia, has sold its entire footprint of mobile towers and rooftop infrastructure for nearly $1 billion.   Gucci, the luxury brand, will start accepting payments in cryptocurrencies in some of its stores in the US to drive sales.. and be in with the cool crowd?   Shell, Europe’s largest energy company, has reported a record US$9.1 billion in profit thanks to rising energy prices and major cost cuts.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

One of Australia’s hottest on-demand grocery players Send has collapsed after burning serious cash to keep up with competitors.   Tech companies like Facebook and Cameo are calling hiring freezes and layoffs as the tech industry starts to experiences a bit of a downturn.   France’s largest supermarket chain is putting popular products under a “price shield” as inflation ramps up… and it looks like others across the EU might follow suit.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Qantas is opening its coffers to buy a company named Alliance Aviation for around $614m, and it’s all part of Quanny’s plan to bolster its regional link offerings.   NAB is popping the champagne after announcing its earnings are up more than 4%, with the fastest growth in business lending since the 2008 GFC!   The US Federal Reserve, which is the American version of our RBA, has increased interest rates by half a percent. That’s the biggest interest rate increase since 2000!   ---   New month, new [credit score] you... Check your credit score for free (App Store): http://bit.ly/FluxAppStore Check your credit score for free (Google Play Store): http://bit.ly/FluxappGooglePlay   And why not? Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Mr Yum, the digital menu and payments company, has acquired Aussie marketing software platform MyGuestList for ‘tens of millions’.   Online furniture store Temple & Webster is taking on Bunnings with a new DIY-focused online shop where it will be selling home improvement products.   Wordle! - but not the one we all know and love - has been bought by a mobile marketing firm after experiencing some second-hand success.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

The Reserve Bank of Australia has increased the official cash rate by 0.25% to 0.35%.   The co-founder of Atlassian, Mike Cannon-Brookes, ain’t finished with AGL. In fact, he’s just bought an 11.3% stake in the company with the plan to vote against its upcoming demerger.   Woolworths has recorded an almost 10% jump in sales, and in a big move, the Woolies boss has called for an increase in retail workers’ wages to keep up with rising inflation rates.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Qantas reckons it’ll return to profitability next financial year - and it’s also snapped up a few Airbuses for new extra extra-long haul flights.   Apple has announced one of its best quarters in its 46-year history, despite supply chain issues and booming inflation.   Robinhood, the US online trading platform, has reported worse-than-expected losses and shrinking revenue for the first quarter.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

CommBank says it’ll offer cheaper home loans to customers who build green homes in a big push to appeal to younger Australians.   Renault, the French car maker, is looking to flog its majority stake in Russia’s biggest car maker to the Russian government for 1 teeny tiny rouble.   Twitter is in damage control after advertisers raised concerns that Elon Musk’s focus on free speech could increase toxicity and abuse on the platform.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Coles says consumers can expect prices to keep rising due to inflation, after it reported a sales jump of around 4% for the first 3 months of the year.   Pushpay, a major “Church-technology” company, has reportedly received quite a few acquisition offers - sending its shares soaring 24%.   Heinz has created a new product called Dip & Crunch after receiving some major inspiration from a one specific TikTok trend.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Flux daily newsletter: https://bit.ly/fluxnewsletter   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

One of Canva’s most recent investors has slashed the value of its investment in Canva by 30% - after a major drop in the share price of other tech companies.   Stake, the Aussie share trading app, brought home $50 million in fresh funding…which it has very promptly added to its war chest.   Google’s parent, Alphabet, has reported weak earnings and revenue, as YouTube showed particularly weak results.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Twitter has officially been sold to Elon Musk for $44 billion USD and the plan is to take the company private.   LVLY, the Aussie flower delivery company, has just been acquired for $35 million.   Meta, FKA Facebook, is opening its first ever physical retail space to show people first-hand how to enter the big juicy metaverse.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Netflix may offer a lower-priced version with ads in order to boost revenue as its subscriber numbers drop.   Global private equity giant KKR has partnered with a few sovereign wealth and superannuation funds in a $20 billion-plus offer for Ramsay Health Care, Australia’s largest private hospital operator.   Tesla’s revenue hit $18.7 billion for the first 3 months of the year, up from last year’s $10 billion - but the company’s still looking at increasing its prices.   ---   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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Regulators are going to green light Australia’s first bitcoin ETF in the coming weeks, with an official launch party expected as early as April 27.   Zip Co, the Aussie buy now pay later company, has seen its credit losses increase beyond the company’s target range for the first three months of 2022.   Laundry lords Proctor & Gamble has revealed that sales growth is at its strongest in at least 15 years - despite hiking prices.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

NewsCorp is finalising plans to launch a gambling company in partnership with a group of investors in the industry.   Dymocks, the old school bookstore chain, reckons book sales are soaring across the country - and it’s partly thanks to TikTok!   Shares in Netflix tanked around 25% after the 'Flix reported that it had lost 200,000 subscribers in the first 3 months of the year.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Daily newsletter: https://bit.ly/fluxnewsletter   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Twitter has taken a poison pill to stop Elon Musk from taking over the company after he offered shareholders more than US$40 billion for the company.   AMP could be flogging its real estate operations to property giant Dexus in a massive $25 billion deal.   ANZ, CBA and Westpac’s blockchain startup has copped nearly $13 million in new funding to speed up processing times for bank guarantees.   ---   Boost 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 Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

AGL Energy has inked a deal to charge and discharge a massive, virtual battery…without building it or even owning it.   Three major Apple suppliers have had to pause production of iPhones, iPads and Mac computers after Shanghai set some pretty strict COVID lockdowns.   Nintendo has combined its two most famous franchises - Wii Sports and the Switch, to make Nintendo Switch Sports. --- Learn more about Flux at Work Sign up to the Flux daily newsletter ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

The parent company of RM Williams has invested in a plant-based textile company… and this may be a sign that it's planning to make its iconic boots vegan.   Warner Media and Discovery have just completed their US$43 billion merger…and they shall forever be known as 'Warner Bros Discovery'.   ASOS, the fast fashion retailer saw its first-half profits down a whopping 87%...and it ain’t looking good for the second-half either. --- Learn more about Flux at Work Sign up to the Flux daily newsletter ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Afterpay has reported its first results under new owner Block, and it was a whopper loss for the first six months of the financial year - $345.5M.   Tesla CEO Elon Musk, who is also now the largest shareholder in Twitter, has said ‘no’ to a board seat at Twitter.   Aussie ‘hype commerce’ startup EQL (pron: Equal) has raised $25 million to help retailers manage the launch of hyped, in-demand products.   ---   Learn more about Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Once again, Foxtel’s IPO has been postponed - this time due to concerns around the economic environment, interest rates and international war zones.   Westpac claims it is is blocking around 1000 scams per week after releasing its latest anti-scam technology.   Levi’s has seen sales climb 22% thanks to its post-covid strategy of going direct-to-consumer via online and new physical stores.   ---   Learn more about Flux at Work: https://bit.ly/fluxatwork   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Amazon Australia is launching same-day delivery in Sydney and Melbourne by expanding its logistics network - and finally we’re catching up the US.   Mecca, the giant Aussie beauty retailer, is making a massive play for the Chinese market with a major focus on ‘live-selling’.   Tata Group, the 154 year-old Indian behemoth, is planning to launch a super-app in India that will bring together 12 brands to take on Amazon.   ---   Daily newsletter: https://bit.ly/fluxnewsletter Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Save money and win cash prizes up to $250k weekly: https://www.flux.finance/win-the-week Get your credit score for free: https://bit.ly/fluxcreditscore Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.