Episodes
Me&U, the QR code ordering start up, will lay off around 10% of its workforce – a year after merging with its arch-rival Mr Yum.
Nvidia’s share price dropped after releasing its quarterly results - but its CEO reckons that the AI gold rush is still going full steam ahead!
Jaguar, the British carmaker, has rolled out a brand new logo as part of its plans to transform into an electric-only brand.
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Published 11/21/24
CSL, one of Australia's largest companies, has suffered a 4% drop in its share price after a new leader of the U.S. Health Department was announced.
BlueSky, the social media platform competing with X, has seen more than 2 million new users, after the US presidential election.
Google may be forced to sell off Google Chrome after the US Justice Department pushes for Google to be splt up.
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Published 11/19/24
Life360, ASX-listed tracking tech, plans to continue its subscription momentum by expanding its offering to include pets and elderly relatives
Cettire, the luxury goods marketplace, saw its shares drop more than 8% after struggling with a drop in demand for luxury goods
CommBank’s CEO says Apple is free-riding on investments made by Australian banks and needs more regulation
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Published 11/17/24
Xero, the ASX-listed accounting software, has seen its share price jump to a record-high, despite slowing subscriptions.
Amazon has launched a new ultra-low cost platform called “Amazon Haul” to compete head-on against Shein and Temu.
Shopify has seen its share price spike more than 26% after its income more-than-doubled in the most recent quarter.
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Published 11/14/24
Rex Airlines is back in business after after receiving $80 million in funding from the federal government.
Aristocrat Leisure, the Australian pokies machine maker, has sold its mobile gaming business Plarium Global for up to $820 million USD as it pivots back to poker machines.
Aussie coffee-maker Vittoria has won a major court case against Moccona over the use of a glass jar.
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Published 11/12/24
Australians under the age of 16 will banned from using TikTok, Facebook and Instagram under new government legislation
Saudi Aramco, the world’s largest oil producer, has seen its third quarter profits plummet 15% after lower oil prices ate into its margins
Coopers Brewery, the Australian owned brewery, has seen its profit jump following a pretty unique alcoholic offering
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Published 11/10/24
The governor of the Reserve Bank, Michele Bullock, has said that Australia’s economy could face serious implications after Trump’s promise to increase tariffs.
The price of bitcoin has hit a new record, jumping more than 10% after Trump's election win.
Big Tech CEOs are now cozying up to Donald Trump after his win to become the next president of the US - ahead of some likely big change.
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Published 11/07/24
Westpac has announced an annual profit of $7 billion, which is actually a 3% drop from last year as mortgage competition ramps up.
Google has been fined 2 undecillion roubles, or $20 decillion USD by a Russian court after blocking Russian state media channels on YouTube.
Peloton, the connected-fitness company, has seen its shares speed up 22% after its first quarter results smashed expectations… thanks to a key pivot.
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Published 11/05/24
Woolworths has warned investors that its earnings for the 6 months to December are looking likely to be 5% below last year’s results.
Apple has seen its quarterly sales jump 5% after investors got their first peak on how its iPhone 16 sales are faring.
Meta’s shares dropped 4% after its quarterly update warned that AI investments were expected to ramp up.
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Published 11/05/24
Australia’s quarterly inflation is below 3% for the first time since 2021 but the Reserve Bank is still unlikely to make a rate cut next week.
Dropbox has announced it will lay off 20% of its workforce after it struggles through a “transitional period”.
Reddit’s share price has skyrocketed over 40% following its first-ever profitable quarter.
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Published 10/31/24
Myer is the new owner of Just Jeans, Jay Jays and Dotti clothing brands after agreeing to merge with parts of Premier Investment Group.
Zip Co has seen its share price jump more than 10% after announcing its focus on profitability pays off.
Volkswagen is looking to cut thousands of jobs as part of a major cost-cutting overhaul.
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Published 10/29/24
Meta is planning to roll out new facial-recognition technology to stop celebrity impersonations that are scamming Aussies out of billions per year
McDonalds is in damage control after more than 75 people suffered from food poisoning from its burgers over the last week..and its share price dropped 7%
The owner of Coach and Kate Spade, named Tapestry, has been blocked from acquiring Capri, the owner of Michael Kors by US authorities
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Published 10/27/24
Canva has cracked over 200 million active users as it starts to prepare for a future public listing
Grill’d, the Aussie burger chain, is under scrutiny for finding a loophole to pay thousands of workers below minimum industry rates
Tesla’s shares jumped 12% after it reported its third-quarter earnings and announced plans to launch a ride-hailing service
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Published 10/24/24
Aussie tech giant Wisetech has seen its shares drop more more than 22% over the past few days after its founder and CEO has been hit with major scandals.
Amazon, Google and Microsoft have all invested in nuclear power plants as part of their goals to reduce its carbon emissions.
Qantas could be forced to shell out hundreds of millions of dollars to 1700 illegally sacked workers.
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Published 10/22/24
Foxtel has announced it will start is set to offer sports content and Sky News Australia on its streaming service Binge
Flight Centre has seen its share price drop more than 15% after it warned the market that airfare prices were deflating
PepsiCo has announced it will put more chips back into its Dorito bags after consumers were furious with its shrinkflation
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Published 10/20/24
CommBank has been whacked with a $7.5 million fine for sending more than 170 million emails to customers that did not include the option to unsubscribe.
Boeing, the aeroplane manufacturer, is looking to raise $25 billion USD to stabilise its finances after a staff strike and issues with its operations.
AustralianSuper, Australia’s biggest super fund, is making a $2.2b bet on US data centres and AI.
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Published 10/17/24
Virgin Australia has seen its earnings jump by 18% after it recorded its second profit in a row.
IKEA has dropped prices globally to attract more shoppers after its first revenue drop in 4 years.
Adobe has joined the AI race after launching an AI video generator that will see it compete with the tech giants.
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Published 10/15/24
Chemist Warehouse is taking on Visa and Mastercard by rolling out a new way to pay for your products - QR codes.
Tesla has unveiled a new self-driving car prototype called the “Cybercab” with plans to go into production by 2026.
The New York Times is teaming up with Yahoo Sports to launch a new hub for women's sports coverage.
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Published 10/13/24
Rio Tinto has swum against the lithium-tide by acquiring Arcadium Lithium for $9.9 billion.
Stan, the streaming service owned by Nine Entertainment, is considering bringing advertising onto its platform to boost revenue.
Guzman y Gomez, the now-ASX-listed Mexican food chain, announced quarterly sales growth above its already ambitious expectations.
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Published 10/10/24
Wesfarmers is expected to generate around $6 billion in revenue this year via its health division because Aussies are getting… sicker.
Google will be required to open up its app store to rivals so that its users can have more choice when downloading and using apps.
The creator of popular video game Assassin’s Creed, Ubisoft Entertainment, is considering going private after it lost close to half its market value this year.
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Published 10/08/24
Virgin Australia announced last week that Qatar Airways officially plans to buy a 25pc stake in the Aussie airline but there’s still one little, big hold up.
LVMH has signed a monster 10-year sponsorship deal with Formula One to put their brands all over the racing circuit.
Youtube is bringing big changes to Youtube Shorts to try and compete with TikTok.
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Published 10/06/24
SPC, the Aussie canned fruit and vegetable producer, has finalised a three-way merger with Original Juice Company and Nature One Dairy - creating a $400 million company.
Character.ai, one of the leaders in AI, is ditching its plans to make AI models itself after its founders were poached by Google in a $2.7 billion USD deal.
Origin Energy has seen its share price drop after it revealed it would abandon its plans to develop hydrogen energy.
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Published 10/03/24
Chemist Warehouse has seen its profit jump almost 80% as it gets closer to finalising its merger with Sigma Healthcare.
Australia’s airline industry has a new player in town, and its name is Koala Airlines.
OpenAI, the creator of ChatGPT, has seen a number of execs quit after it announces plans to become a fully for-profit business.
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Published 10/01/24
The share price of Australia’s biggest mining companies jumped more than 13% last week after a major stimulus announcement from China
VIsa is being sued by the US Justice Department for allegedly monopolising the debit card market illegally
Chocolate may become a whooooole lot more expensive in 2025 as the price of cocoa have jumped rapidly this year
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Published 09/29/24