Bite-sized business news from Australia and around the world
Nestlé is the maker of many food products you have in your every day diet. KitKat bars, Nescafé coffee, Uncle Tobys oats...even Allens lollies!
PayPal's been on a bit of an acquisition spree, with plans to reach 750 million users by the end of 2025.
CBA (and the other big banks) have kindaaa been caught sleeping over the last few years. But consider this your 6am alarm, cos CBA just woke up.
Johnson & Johnson's expecting $3.3 billion worth of vaccine sales this year. Pretty good - but nothing compared to Pfizer...
Who knew children's games with murderous endings were SO popular?
Flight Centre saw a pre tax loss of $602m in the 2021 financial year...but it's feeling optimistic again.
$205m for 4 years of work - not bad at all for the CitrusAd crew. Here's how they did it.
LinkedIn becomes the last global social network to shut down in China
Things are heating up between Mercedes Benz Australia dealers and Mercedes Benz HQ in Germany.
Jack Dorsey is the CEO of Twitter and Square...and he reckons bitcoin could solve world peace.
Saks Fifth Avenue is a US luxury department store chain, which first opened up in Washington D.C. way back in 1867...yah, it's that old.
Aristocrat Leisure is a $29 billion gambling machine manufacturer. And it's one of the world's largest in the world.
Despite serving 20 million hungry consumers, DoorDash has never seemed to turn an annual profit...
Body Fit has ridden the fitness boom nicely. It's expecting 200 studios in Australia by the end of 2021.
Qantas has had a pretty tough couple of years...but it's got some much-needed good news.
In a surprising twist, Fox is getting into crypto. And it's using The Masked Singer to do it.
Mindbody is the quiet achiever that all the cool kids are using (think: F45, KX Pilates and many of your locals).
The RBA has warned ScoMo that climate-conscious investors could start divesting from Australia if we don't settle on a net-zero emissions policy soon.
Canva has announced it will be offering video editing tools...so if you're tryna go viral on TikTok - there's a template for that!
Seven West Media has some serious success broadcasting the Olympic and Paralympic Games this year. We're talkin' revenue and ratings records smashed!
Coles, Woolies and banks CBA and NAB are backing a new QR payments system from Eftpos called eQR.
Qantas and Virgin have been having a bit of a two-person party here in Oz, but that's about to change.
Buckle up, cos the fashion industry is about to hit turbulence.
Tesla's moved its headquarters to Austin, Texas...and so have around 35 other ex-Silicon Valley startups.
Nike's been named the number one footwear and apparel brand among teens - but this ain't that much of a surprise.
Pinterest is rolling out some hot new features for advertisers and brands to promote more products on the platform.
New media reports allege that the Star Casino enabled money laundering - and it could lose its casino licence...
Ireland is the home of Guinness, St Patty's day and of course, the European HQ of some massive tech companies.
Amazon's led the way in virtual assistant tech with Alexa. Now, they're reportedly working to bring us a smart fridge!
Foxtel's been on a personal journey as of late. Ya know, eat, pray, get with the times.
The lines between physical retail and digital retail are starting to blur before our very eyes...
From Sunday onwards, Coles is making the switch to pre-packaged meats only.
When we were in lockdown and out of toilet paper, Google thought it would kill two birds with one...drone.
Pepsi's long been seen as the less-cool younger bro of Coke... but it still has a huge 26% market share of carbonated soft drinks in the US.
Rising house prices have put Australia in a housing affordability crisis. But APRA has plans to change that...
a2's shares have plunged 62% since August 2020... and Slater and Gordon aren't happy.
While everyone else faces a global chip shortage, Elon Musk had something up his sleeve. And it ain't Doge coin.
Did your thumbs enjoy that scrolling vacay? Cos The Zuck's bank account didn't.
The pair want to extend their strategic alliance for another five years...and let the good times roll.
Nick Scali's latest acquisition has it laughing all the way to the bank...
The Million Dollar Vax Alliance is hoping to push Australia's vaccination rate above 80% by the end of the year.
The multinational entertainment company has just acquired Bluepoint Games, which is like the master of remasters.
After collapsing for the first time in March 2020, Kiki.K has found itself in voluntary administration once again...
Until now, TikTok creators had to rely on sponsorships or ads to make money from their content...not anymore!
Drink up on #internationalcoffeeday because the supply is limited!
The US Government has been spending around US$50 billion a day for the last year... and they're about to run outta cash!
The owner of Junkee, Ooh!Media, are looking to sell the company... and there are some pretty hot contenders.
The ACCC reckon Google's ad tech biz is harming everyone... except Google itself.
While the whole world faced supply chain issues, Lego didn't.
The Iconic is letting customers register their clothes for resale as soon as they buy them....
Watch out Jeffy B, Woolies is coming for your territory with an online marketplace called Everyday Market.
Thanks to major safety concerns, Insta has hit pause on the development of its version of the app for under-13s.
In a big power move from the Chinese Government, all crypto transactions will be banned.
Amazon wants to open its own physical stores... weird flex, but okay.
It looks like nothing can stop Nike...they've just got one teeny...tiny...ok, massive problem.
Hungry Jack's has been known for its juicy beef burgers... but now, it's launching its Jack's Fried Chicken Burger range nationwide!
The EU's plan to reduce environmental waste might be bad news for Apple...
Rolex is the world's leading luxury watch brand, worn by the likes of Roger Federer, Rihanna, David Beckham and Brad Pitt.
Sportsbet is up there with Harvey Norman, Coles, Woolies and the federal government for their advertising spending.
Robinhood's move into crypto wallets solidifies it as a big player in the crypto game.
Get ready for a Matilda reboot, Flux fam. Netflix has bought the Roald Dahl Story Company.
The Transport Workers Union is fighting for more job security for StarTrack staff.
Afterpay's latest feature, called Retro Afterpay, will let users borrow up to $200 for retrospective purchases.
Evergrande is China's most indebted developer...with a casual US$300 billion worth of liabilities. Yikes.
Kathmandu is the Aussie retailer known for its big stores... and even bigger puffer jackets.
Microsoft is sitting on US$130 billion worth of cash. But with great cash, comes great responsibility - and freedom.
It's a good time to be an Aussie tech startup, with the sector seeing its biggest financial boom in history.
The founders of these Aussie fashion brands are in for a treat.
The Facebook-owned messaging app, WhatsApp, is adding a business directory to its platform. Think: digital Yellow Pages.
Myer's been hanging by a thread for a while now. But thankfully, things look like they're finally turning around for the department store giant.
Atlassian have come a long way since 2002, when their now-billionaire founders used a $10k credit card to start their own software biz.
Love 'em or hate 'em, but Crocs have been killing it recently!
Bondi Sands - one of Australia's biggest DIY tanning companies - has turned down acquisition offers of around $320 million.
The big corporate watchdog - aka ASIC - has filed 30 criminal charges against CommBank. And with 16 million customers.... this ain't a good look for them.
TMZ - famous for its massive scoops - has been sold to none other than Aussie billionaire Rupert Murdoch's Fox Entertainment.
Flo is a women's health tech app that helps women track their fertility window. It's now valued at a whopping US$800 million. Yeah the girls.
Who Gives A Crap is the Aussie toilet paper start-up that launched back in 2012. But they're not your run of the mill 3-ply toilet papers, Flux fam
We all know LinkedIn as the social media site targeted at professionals. Now, they're looking to grow their content with a US$25 mil creator fund.
Aussie buy now, pay later company Zip Co is using Bitcoin to step out of the saturated BNPL market...and into financial services.
Bye-bye Photoshop - you're a nightmare. We said catchya to Microsoft Paint in year 3. Now, it's hello Canva.
Every month, the ABS releases stats on the labour force. But what does it all actually mean?
McDonald's might be the home of the golden arches...but they've broken the golden rules.
If you think you're savage when it comes to Monopoly...the Chinese Government is taking things to a whole new level.
It's Mr Steal Your Merchant, and he's equipped with a new POS system that could pose a threat to Shopify's customers.
Disney has promised to give the rest of their film releases this year a proper go at the box office.
Epic Games takes on Apple in a Battle Royale over the App Store's in-app purchase policy.
The tensions between big banks and the cryptocurrency industry are getting more heated than a Geordie Shore ep.
Get ready to be creeped out, Flux fam. Facebook's just launched their new smart glasses...
Uh oh... media outlets are now responsible for the comments on their corporate social media pages.
Iconic Aussie brewer Stone & Wood has been bought by Lion, in a deal worth over $300 million.
When we talk about a company's value, we often refer to its market cap. Enterprise value is a 'lil different.
You know what we need? More news sites. Thankfully, Microsoft is on it.
Coinbase has been trying to launch Coinbase Lend...but regulators aren't happy about it.
Uber's Australian boss has called the country's electric vehicle rollout 'a mess'.
The Zuck never sleeps, does he? Novi and Diem could be hitting (the App) stores soon.
Thanks to forward-thinking President and crypto fan Nayib Bukele, El Salvadorans will be able to pay with Bitcoin.
Kylie Jenner announces her pregnancy, and Microsoft announces a new acquisition. Obviously PR people just don't communicate anymore.
PayPal could be launching a product into a pretty crowded space...but with 400 million customers, the odds are in their favour.
The German luxury car manufacturer has revealed a whole lineup of cars ahead of its plans to go electrify its fleet by 2022.