What the Flux

Microsoft has told ScoMo it is keen to expand its Google rival Bing into the Australian market if Google pulls out of Aus. NAB is set to buy Aussie neobank 86 400 for up to $220 million. Coinbase, the massive cryptocurrency exchange, is planning to IPO through a “direct listing” - bypassing investment bankers and lawyers. --- Save money and win cash prizes up to $250k weekly: https://www.flux.fina...

The Australian version of the Reddit forum at the heart of GameStop-gate has said NO to local attempts to organise a similar “market play”. Uber Eats is making major changes to its business model after backlash over the workers’ status of its delivery drivers. Apple has achieved its biggest quarter ever with $145B in sales 9 (that’s almost 3X Facebook and Tesla’s sales combined). --- Save money an...

The new Aussie owner of RM Williams will spend “whatever it takes” to get production of RM Williams boots back to being 100% Australia-based. Facebook enjoyed strong financial performance between Oct and Dec 2020, but the company faces 3 major headwinds in 2021. Johnson & Johnson expects the final test results for its COVID vaccine by next week. --- Save money and win prizes up to $250k weekly...

The CEO and founder of online wine retailer Vinomofo is stepping down as the company makes moves towards a potential IPO. Investors in video game retailer GameStop lost over $2B in a day thanks to Reddit traders rebelling against professional ‘short-seller’ investors. Clubhouse, a new audio-based social network, has raised $130M to take social media to what it thinks is the next level. --- Save mo...

Although Australian Open major sponsors Kia, UberEats and ANZ are reducing their investment this year, they are optimistic TV audiences will be huge. Yoghurt giant Chobani is expanding into a totally new (and random) category - ready-to-drink coffee. Google parent Alphabet has shut down Loon, its attempt to bring wifi to the world’s most remote areas. --- Save money and win prizes up to $250k week...

Airtasker, the Australian online marketplace for odd jobs, is aiming for a valuation of over $250M for its upcoming IPO. Former Dick Smith shareholders that sued the company over its collapse will share around $5.6M under a settlement proposal. The owner of TikTok has launched a payments service in China as it pushes into financial services and e-commerce. --- Save money and win money this week (u...

The US government has told the Australian government to cut their proposed laws that would force Google and Facebook to pay for news. Data from Woolworths’ Everyday Rewards program has helped trace COVID-19 contacts. The sister of Facebook’s Mark Zuckerberg has been appointed to the board of ASX-listed tech company Life360. --- Save money to WIN money every week (up to $250k): https://bit.ly/Winth...

Online retailer Kogan has been whacked with a $310,000 fine for spamming customers with promotional emails. Netflix added 8.5 million global subscribers last quarter, bringing its total subscribers to more than 200 million. Australian waste management company Bingo Bins is considering a $2.3 billion takeover by an Australian private equity group. --- Save money and win money this week (up to $250k...

JB Hi-Fi achieved record sales between July and December - thanks to Aussie households saving around $100 billion during the pandemic. Fiat Chrysler and PSA Group, the owner of Peugeot and Citroen, have finally completed their merger (after first announcing it in Oct 2019). With its 42 million users, Bumble has announced it will IPO in 2021. --- Win the Week [up to $250k this week]: https://bit.ly...

Pizza Hut has set its sights on the number 1 spot in the Aussie pizza wars... and wants to leapfrog Domino’s. WhatsApp is delaying its new privacy policy after it caused mass confusion about whether WhatsApp shares data with its owner Facebook. Deliveroo, which is backed by Amazon, is now worth over $9 billion after a pre-IPO funding round. --- TikTok: https://www.tiktok.com/@flux.finance --- The...

Google Australia has been burying links to traditional Aussie media outlets as an “experiment”. One of Australia’s largest payment companies has encountered 10,000 of its payment terminals going down for over a week. Affirm, the US-based buy now pay later company, went public last week - and its shares increased by 98% on its first day. --- Save money, win money: https://bit.ly/Wintheweek Free cre...

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping the best stories from the tech industry in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not...

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping the best stories from the tech industry in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not...

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping the best stories from the tech industry in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not...

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping stories about the buy now pay later (BNPL) space in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is intended for persona...

We said we'd be offline until the 18th January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping stories about streaming services in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercia...

Tennis Australia has received a loan from the Victorian government to help cover the cost of this summer’s Australian Open. The owner of Strike Bowling, Sky Zone and Holey Moley mini-golf is set to be acquired for $250M. Apple is getting into self-driving car technology and is aiming to release its first car in 2024. --- Win $250,000 with Flux's Win the Week savings game: https://bit.ly/Wintheweek...

Lorna Jane is being taken to court for trying to sell clothes that the company said could protect against coronavirus. Large Australian investor Magellan has invested $87M into Guzman y Gomez. Sales at Nike will be better than expected this quarter after another big rise in online sales thanks to COVID-wary shoppers. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- The...

A2 Milk has emerged from a ‘trading halt’ after the company revealed a major drop in expected ‘daigou’ sales. OnlyFans, the content subscription site, made $525M in revenue this year and attracted major celebrities to its platform. Coinbase, the cryptocurrency exchange, has filed for its IPO and is looking likely to be one of the first big IPOs of 2021. --- Win the Week: https://bit.ly/Wintheweek...

Arnott’s, the owner of TimTams and Shapes, is buying the cereal and snacks business of Freedom Foods for $20M. Zip Money has raised $150M for its international expansion, with its eyes on the US, Europe and the Middle East. StockX, the share market of sneakers, has walked into a new valuation of $3.7B. --- Win the Week: https://bit.ly/Wintheweek --- The content in this podcast reflects the views a...

Energy buy now pay later company Brighte has raised $100 million to get into selling solar power. Luxury puffer jacket brand Moncler is making bold bets on its new target market of ‘twentysomethings’ and Chinese shoppers. Citibank has begged lenders to return a $1.1 billion mistaken Revlon payment - in one of the biggest banking errors in history. --- Win $250k with Flux's Win the Week: https://bi...

Australian neobank Xinja is giving up its banking licence less than 18 months after launching. The ACCC is suing the owner of Gloria Jean’s and Donut King for allegedly lying to and ripping off franchisees. Global oil and gas company Exxon Mobil has finally pledged to cut greenhouse-gas emissions by up to 20%. --- Win up to $250k with Flux's Win the Week: https://bit.ly/Wintheweek --- The content...

Eftpos, BPay and the New Payments Platform are merging to help Aussie banks take on Visa and Mastercard. Reddit has acquired Dubsmash - the short-form video app that is TikTok’s number one rival. Adidas is considering selling Reebok - 15 years after it bought the brand to take on Nike. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newslet...

Disney is expanding its focus on Australia by launching a new streaming brand early next year. Uber and Deliveroo will likely be brought before a Senate inquiry that explores the impacts of insecure employment in Australia. Lululemon has lifted its predictions for its end of year sales as the world experiences a boom in workout gear. --- Free credit score: https://bit.ly/fluxcreditscore Start your...

Airbnb’s share price rocketed 115% in its IPO debut with its valuation hitting over $130 billion. Australia’s largest super fund, AustralianSuper, plans to become a $300 billion fund, PepsiCo Australia will spend $150 million on automation and sustainability following a big year of sales. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ News...