What the Flux
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© 2024 What the Flux
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Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business stories of the day. Tailor made for busy humans. Hosted by Brett Joffe and Justin Joffe, co-founders of Flux.
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RM Williams has invested $8 million to expand its focus on a growing women’s category.
LinkedIn is testing a new premium subscription for Company Pages to help raise company profiles on the platform.
Netflix’s revenue has jumped 15% in the first quarter this year but warned the days of sharing subscriber numbers is all over red rover
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux 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.
Bonza, Australia’s fourth largest airline, has hit major turbulence after some major instability from its private equity owner
LVMH saw its sales growth slow down to just 2% as its consumers pull back from Louis Vuitton bags and Hennessy cognac.
Crocs and Pringles are collaborating on new clogs with an accessory you didn’t know you needed…an ankle holster for your potato chips.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux 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.
News Corp Australia is making its biggest company restructure in decades after Meta decided not to renew its News Bargaining deal with Australian publishers.
Apple has lost its spot as the top phone maker in the world - in the most recent quarter.
Tesla is axing more than 14,000 jobs as demand for electric vehicles slows down.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux 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.
Two of Australia’s up and coming betting companies, BlueBet and Betr, will merge to compete with the big players in the betting space.
Luxury fashion retailer Cettire has struggled to woo investors despite an 88% increase in quarterly sales compared to the previous year.
NextDC, Australia’s largest listed developer and operator of data centres, is raising more than $1.3 billion to expand its operations in Australia.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux 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.
Ola has announced it will officially shut down its ride sharing services in Australia after 6 years as well as other international markets
Tesla has reportedly scrapped its plan to build a lower-cost electric vehicle and is focusing on Robotaxis
KPMG Netherlands has been hit with a $38 million fine for widespread exam cheating from 2016-2020
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux 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.
Qantas has announced a major upgrade to its Frequent Flyer rewards points program which will cost it over $120 million.
Woolworths is partnering with the UK’s Tesco supermarket chain, and other big supermarket chains around the world, on a new $190m investment fund.
Uber Eats is launching TikTok style videos on its app to improve discovery of eateries.
—Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux 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.
Sydney Airport’s earnings have more than doubled, as Australia’s biggest airport makes the most of our return to flying - in Australia and globally.
Canva has finalised a share sale worth $3.6 billion, making some of its staff overnight millionaires.
Google’s parent company Alphabet is reportedly looking to acquire CRM and marketing software platform Hubspot.
—
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.
The owner of Sportsbet, which is Australia’s biggest sports betting company, has said the company experienced a big 27% decrease in earnings for the last financial year.
Spotify is planning to raise its prices AGAIN in key markets, including Australia - and it’s mostly thanks to... audiobooks.
Tesla is location scouting for a new car plant in India that could be worth between $2b-$3b USD.
—
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.
ASX-listed wine maker, Treasury Wines, is likely to increase prices on Penfolds wines, as China finally loosens tariffs on Aussie wine.
Google is planning to destroy users’ ‘incognito mode’ browsing data as part of a lawsuit settlement.
WeWork’s founder, Adam Neumann, and several partners are looking to buy WeWork out of bankruptcy for more than $766m.
—
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 big banks and some of the Australia’s biggest retailers have given a financial lifeline to Armaguard to keep the cash transport company alive.
The owner of Peter Alexander and Smiggle, Premier Investments, is looking to separate the two retailers from the parent company so they can trade as individual entities.
Spotify is testing online-learning courses in its latest content experiment.
—
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.
Reddit’s share price launched 48% on its first day as a listed company last week on the New York Stock Exchange.
Unilever is melting away its ice cream division and is axing 7,500 jobs in an effort to cut costs big time.
Baraja, the $300m Aussie self driving car tech startup, has allegedly had its value written down to zero by its venture capital investors.
—
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.
Chemist Warehouse has announced a profit increase of nearly 30% in the lead up to its proposed merger with Sigma Healthcare.
Gucci’s got a problem, and its name is China - yup, we’re talkin’ a share price drop costing Gucci’s owner $10.5 billion.
Luxury brand Hermes is facing a class action suit for alleged antitrust behaviour over the sale of its Birkin bags.
—
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.
Uber is paying Aussie taxi drivers $272m in big class action settlement
Google is looking to partner up with Apple to licence the Google Gemini AI system for the iPhone
BHP is reportedly laying off close to 100 staff members at its mega West Musgrave nickel and copper project in Western Australia.
—
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.
Amazon is recruiting a fleet of contractors to grow its delivery network in Australia, and take on Australia Post.
Liquid Death, the canned-water brand that helps you “murder your thirst” has just doubled its valuation… because people actually pay for branded H20.
PwC Australia will make more than 320 staff and 37 partners redundant over the next nine months as they try to recover from the tax scandal.
—
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.
Optus’ owner, Singtel, is looking like to sell the Aussie telco in a multi-multi billion dollar deal.
Myer has seen its share pop more than 5% after it managed to stabilise its results… and bring in a new Exec to lead it into the future.
TikTok is facing an existential threat as the US House of Representatives has passed a bill to ban app stores from the app.
—
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.
Google Australia is going to split away from Meta as it looks to renegotiate its media deals under the Media Bargaining Code.
Elon Musk has announced that xAI, his ChatGPT rival, will make its chatbot, Grok, open source.
Pfizer, the biotech that boomed off the back of COVID, has shifted gears and is now focusing on cures for cancer to grow its revenue.
—
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.
Amazon has crossed $3 billion in sales in Australia as it snatches customers from its competitors.
Apple has been whacked with a $2B euro fine in Europe for suppressing competition in the music-streaming industry.
Tigerlily, one of Australia’s biggest swimwear brands, has fallen into administration for the second time.. In just four years.
—
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.
Private health premiums in Australia are going to rise by the biggest amount in five years on April 1st.
Reddit, the social media platform, is planning to IPO this month on the New York Stock Exchange in the first major tech IPO of 2024.
Bitcoin’s value has crossed $100,000 Australian dollars, a new all-time high since it peaked in late 2021.
—
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.
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.
Harvey Norman has seen its pre-tax profit drop by more than 45% because Aussies are feeling the pinch of living.
Apple has decided to pull the electric-plug on its self-driving electric car project after 10 years in the making.
Disney is teaming up with the largest company in India in a major $8.5 billion USD deal.
—
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.
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am living the bite site content and explanations of key news stories . am keen to understand how you decide what you will broadcast for that day?
an enjoyable interview. good to learn more about Treasurers background
This is great! I love bite size news.