What the Flux Nova Podcasts

SPC is cutting back its canned fruit production as cost-of-living sees consumers opting for cheaper options.

The owner of Champion, the sportswear brand, will sell the Champion business for nearly $1.8 billion USD to narrow its focus on “innerwear”.

Zoom wants to create a ‘digital twin’ to attend meetings for you so you can go to the beach instead of being at work.

—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.

Life360, the kids tracking software, has launched its Nasdaq IPO, which means it will now be dual-listed on the ASX and Nasdaq.

Meta is testing a new feature on Instagram which will force users to watch ads on videos that you can’t scroll past - like YouTube.

Booktopia is cutting 50 staff members and losing its short-lived CEO as the company struggles to stay afloat.

—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.

Guzman y Gomez, the Mexican fast food chain, has announced plans to list on the ASX in June at a multi-billion dollar valuation.

The owner of Country Road Group has warned that it expects its earnings to be more than 20% lower in comparison to last year.

Salesforce has seen its shares tumble more than 20% in its worst day of trading since 2004 after weak results.

—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.

Catapult Sport, the ASX-listed sports tech company, has hit $100 million USD in revenue for the first time after doubling down on growing its subscription services.

Sony Music is in talks to buy Queen’s music catalogue for over $1 billion USD and this would be the largest music catalogue purchase of all time.

BHP has abandoned its $74 billion takeover bid for British mining company, Anglo American after six-weeks of hectic negotiating.

—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.

Cettire, the Australian luxury goods marketplace, has seen its share price jump more than 10% after it denied allegations that it has fake products on its platform.

PetStock, the pet food retailer backed by Woolworths has been forced to sell over 40 of its stores - and has created a new major competitor in the process.

TPG has come out and said that tech giants like Google and Meta should be made to pay for telecom infrastructure

—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.

NewsCorp has signed a deal with Open AI that will help train its ChatGPT’s engine on the back of major publications.

The owner of Ticketmaster has been sued by the US Justice Department for creating a monopoly in the live events industry and “suffocating competition”.

Dion Lee, the Australian luxury fashion brand, has gone into voluntary administration…and it now joins growing list of Aussie fashion brands with this non-desirable status.

—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.