Meta breaks up with Aussie publishers | Life360's shares skyrocket | Bumble's problem with Gen Z
Description
Meta has warned that it won’t renegotiate new Australian media deals as it plans to pull the News tab from its app in Australia.
Life360, the ASX-listed family tracking app, has seen its shares skyrocket over 30% as it starts to push ads in the app.
Bumble’s love affair with profits has hit a standstill after reporting a $32 million USD net loss in its fourth quarter…and making major cuts to staff.
—
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): http://bit.ly/FluxappGooglePlay
Daily newsletter: https://bit.ly/fluxnewsletter
Flux on Instagram: http://bit.ly/fluxinsta
Flux on 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 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...
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...
Published 10/29/24