Business News

Bite-sized business news from Australia and around the world

Tesla backflips on cryptocurrency

Tesla announced it would accept Bitcoin as payment in March so why has it drastically changed its decision?

Justin from Flux
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2
min read
· Posted on
May 18, 2021

Telstra gets whacked with near-record fine for some unethical behaviour

Telstra's record fine set a precedent for unethical behaviour in Australia - but what exactly did Telstra do?

Hannah from Flux
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2
min read
· Posted on
May 18, 2021

Uber Eats has smashed expectations for another quarter - so you can stay lazy forever

Uber Eats surpassed its quarterly expectations but why did it do so well?

Justin from Flux
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2
min read
· Posted on
May 18, 2021

There's a price war in the sky and you'll benefit

Rex has dropped their prices to a low $39 for some flights which has sparked a price war between airlines.

Jared from Flux
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2
min read
· Posted on
May 18, 2021

Apple is making it rain after a monster 3 months

Apple unveiled its results for the first quarter of 2021 and it's fair to say it made some serious bank y'all

Flux team
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2
min read
· Posted on
May 13, 2021

CBA's Dollarmites gets ditched by another state

The State of Queensland will remove CBA's Dollarmites in its primary schools.

Hannah from Flux
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2
min read
· Posted on
May 20, 2021

Creative genius envisions new name for UK's digital currency... "Britcoin".

The Bank of England have decided to launch their own digital currency called the "Britcoin".

Flux team
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2
min read
· Posted on
May 10, 2021

Is Woolworths trying to take on Amazon? Kinda

Woolworths plans to do an Amazon - launch a virtual marketplace that lets third party sellers sell through Woolworths.com.au.

Hannah from Flux
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2
min read
· Posted on
May 20, 2021

Did somebody say workers rights at Menulog?

Menulog is launching a pilot that classify its riders as full employees - unlike UberEats and Deliveroo.

Brett from Flux
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2
min read
· Posted on
May 20, 2021

LG calls it quits with the smartphone market

LG has decided to stop producing smartphones, to focus on other areas of its business.

Brett from Flux
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2
min read
· Posted on
April 23, 2021

Coles goes Down Down with hopes of their market share going Up Up

Coles, the supermarket giant has returned to its famous 'Down Down' low price campaign to create greater share price value

Brett from Flux
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2
min read
· Posted on
April 23, 2021

Facebook goes nuclear on Australia

Facebook has restricted news publishers, and everyday Aussies, from sharing or viewing Australian and international news content.

Justin from Flux
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3
min read
· Posted on
April 23, 2021

News Corp looking to Aussie betting market

Australian media giant News Corp has its eyes on the lucrative - and controversial - Australian sports betting market.

Brett from Flux
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3
min read
· Posted on
April 23, 2021

T-Swizzle lifting her middle finger at old record labels

Taylor Swift has turned to the option-of-last-resort due to her rift with the owners of her previous records.

Brett from Flux
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3
min read
· Posted on
April 23, 2021

Snapchat becomes quasi-broadcaster at Aus Open

Snapchat and the Australian Open have cut a deal to give Aussies a look inside the Aus Open.

Brett from Flux
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2
min read
· Posted on
April 23, 2021

Google showing Seven West Media the m$ney

Seven West Media has struck a deal with Google to be part of its News Showcase.

Justin from Flux
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3
min read
· Posted on
April 23, 2021

Telstra loves the D

D = Dividends. Telstra has maintained its dividends, despite a fall in profit.

Justin from Flux
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2
min read
· Posted on
April 23, 2021

ACCC raises its eyebrows at NAB playing Pacman

The ACCC is investigating whether to allow NAB's $220m takeover of Aussie neobank 86 400.

Justin from Flux
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2
min read
· Posted on
April 23, 2021

Bumble makes a big buzz on IPO debut

Bumble is the gift that keeps on giving. It listed on the NASDAQ and its shares surged 76% on its first day of trade.

Justin from Flux
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2
min read
· Posted on
April 23, 2021