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General Motors cuts 1,000 software jobs as it accelerates toward AI - and that's what we call a high-tech tune up

General Motors has announced that it will be laying off 1,000 staff in its software and services division.

Flux team
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1
min read
· Posted on
August 21, 2024

Ad X-odus: How X's revenue is dropping away faster than a 140-character Tweet

There are claims that X has seen its ad revenue drop to $744 million USD in the first half of 2024 - that’s 24% less than the first half of 2023.

Flux team
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1
min read
· Posted on
August 21, 2024

CommBank is disproving the saying "cash is king" and pivoting towards "cash is expensive"

In its annual report, CommBank highlighted that the provision of cash services is costing them $350 million a year.

Flux team
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1
min read
· Posted on
August 21, 2024

Paramount's merger takes a Hollywood turn, as a new leading man enters the scene

Another party has entered the Paramount merger and expected to put in a bid.

Flux team
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1
min read
· Posted on
August 19, 2024

Origin's announced a $1.2 billion profit, but its revenue forecast is looking cloudy

Origin warned its investors that it's expecting its energy markets business to drop in revenue 16-34% in revenue.

Flux team
~
1
min read
· Posted on
August 19, 2024

Mo money, mo problems for NAB: its $1.75 billion profit comes with a large side of bad debts

NAB has announced $1.75 billion in cash profit in its third-quarter results - almost 8% lower than the same time last year, thanks to a jump in expenses.

Flux team
~
1
min read
· Posted on
August 19, 2024
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Disclaimer: Flux Technologies Pty Ltd (ABN 86 634 507 172) is an authorised representative (Representative No. 1283166) of Mozo Pty Ltd who is the holder of AFSL No. 328141. We also provide general advice on credit products under our own Australian Credit Licence No. 530103. The product information presented does not constitute an offer and we are not recommending or suggesting any particular product. Any product advice presented is of a general nature only, and is not to be taken as any sort of advice as it has not taken into account your personal circumstances, objectives, financial situation or needs. Flux may not cover all products available to you. Check out our Credit Guide and Financial Services Guide for more information.

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