What the Flux

Private equity firm KKR is considering buying Melbourne’s favourite nightspot - The Espy. America’s largest tobacco company invested in vaping giant Juul last year, an investment that is turning out to be one of the worst corporate investments in history. Optus has received a $504,000 fine for spamming its customers — the largest penalty imposed for breaching Australia’s Spam Act. --- The content...

News Corporation, the behemoth news company owned by Australia’s own Rupert Murdoch has launched a new online news aggregation site, knewz.com. Awful name. Greenlit Brands, owner of Freedom Furniture and its frugal cousin Fantastic Furniture, has announced a loss of almost $300m. Facebook has released a tool that shows you which other apps and websites have your data and how those businesses are s...

Australia’s buy now, pay later industry, and its companies like Afterpay and Zip, are set to sign a new code of practice to ensure customers are treated more fairly. Nike has sold out of Kobe Bryant merchandise online following the basketball star’s passing. Experts have released a report saying Australia’s very own Woolworths may grow to set the global standard for supermarkets, and ultimately be...

Tennis Australia has said people all over the world are loving the Australian Open more than ever, so we've taken a look at the business side of the grand slam. Australia’s sovereign wealth fund, which is named the Future Fund, has announced very strong results for 2019.  China’s coronavirus has hurt the share prices of several global brands including Nike and Estee Lauder. Qantas, Webjet and Crow...

To support the tourism industry, Tourism Australia has launched a new $20 million advertising campaign called “Holiday Here This Year” so that Aussies will travel locally. Australian tech giant Atlassian’s revenue has skyrocketed 37% but the founders/CEOs aren’t satisfied with the results. A brand new social media company has launched and it comes from the founder of Vine. --- The content in this...

Commonwealth Bank has been hit with another class-action lawsuit after being accused of flogging insurance policies to people who don't need. Google is making big moves to enter the healthcare space. Is there anything they won't do? The British government will be soon decide whether to let Chinese technology giant Huawei into its 5G market - and the decision will influence whether the Australian g...

Uber, struggling in many countries outside the US, has sold UberEats in India to its arch rival. Starbucks is adding more plant-based food and drinks to its menu, and as a result the share price of Beyond Meat has jumped. Kaufland, the biggest supermarket in Australia that you’ve never heard of, is leaving before it even opens its doors.  --- The content in this podcast reflects the views and opin...

Harry and Meghan move to own and then commercialise the Sussex Royal brand, with plans to create hundreds of product lines Snapchat CEO believes TikTok could become bigger than Instagram. Why all of a sudden? The lady in the Trivago ads isn't as honest as she seems. They've been misleading us to believe they provide the lowest hotel prices. --- The content in this podcast reflects the views and op...

Disney, the new owner of 20th Century Fox’s movie business, is removing the word ‘Fox’ from its name. Adidas has linked up with Beyonce to launch a new athleisure line. Kogan’s share price got hammered yesterday, dropping over 20% at one stage. But why? --- 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 repre...

For the first time Alphabet, Google’s parent company, has reached a trillion-dollar valuation. Aussie fast food chain Guzman y Gomez has opened its first store in the US. Australian share market has achieved a record high for the fourth day in a row. --- 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 represen...

F45, the Aussie fitness chain backed by Mark Wahlberg, has reportedly filed for an IPO. The South African owner of department store, David Jones, has come out and said we are sticking fat with DJs. Finally US President Donald Trump and China have signed the first phase of a new trade. --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not...

The CEO of Amazon, Jeff Bezos, has been welcomed by major protests in India. Snapchat, the once golden, new kid on the social media block, has been overtaken by Pinterest in terms of users. The world’s biggest investment company, BlackRock, is embracing climate change and going green. --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not...

Netflix has received 24 nominations at the Academy Awards for several of its own movies, including The Irishman and Marriage Story. Tesla shares keep climbing and climbing in 2020 as the sales of vehicle deliveries surpassed expectations for the December quarter. Casper Mattress, an online retailer in the US going public, has mentioned that its inability to control social media influencers is a ri...

Saudi Aramco, the oil company based in Saudi Arabia and owned by the Kingdom of Saudi Arabia, has achieved the largest IPO in history. Airplane maker Boeing has revealed its former CEO, Dennis Muilenburg, who was fired last month for the company's response to two crashes, will get a A$90 million severance package. A2 Milk, the Australian milk and infant formula company, is losing top executives le...

Apple's share price has hit an all-time high following positive news out of China. EB Games, the Australian video game retailer, is shutting down stores across the country. Unlike Twitter and Google, Facebook has refused to ban political ads. That's big considering we're in for one hell of a US election campaign in 2020. --- The content in this podcast reflects the views and opinions of the hosts,...