991 episodes

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.

What the Flux Nova Podcasts

    • News
    • 5.0 • 1 Rating

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.

    Envato sold for $373M | Ozempic's bulging prices | Will Sony take over Paramount Global?

    Envato sold for $373M | Ozempic's bulging prices | Will Sony take over Paramount Global?

    Envato, the Australian tech company, has been sold for over $370 million, in one of the largest tech exits in Australian history.

    Novo Nordisk, the pharmaceutical company behind diabetes slash weight loss drug Ozempic, drops price amidst competition.

    Media giant Paramount Global is in talks with Sony over a potential buyout that could be worth $39 billion…after a failed negotiation with another potential buyer.

    —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.

    • 6 min
    NAB's billion dollar buyback | Afterpay's owner is under investigation | Is eBay fading into memory?

    NAB's billion dollar buyback | Afterpay's owner is under investigation | Is eBay fading into memory?

    NAB has reported a nearly 13% drop in earnings, but saves the day with a $1.5 billion share buyback.

    Block, the owner of Afterpay and Square, is under investigation by US Federal Prosecutors for potentially processing crypto transactions for terrorist groups.

    eBay has seen its second quarter revenue fall below expectations because people aren’t buying collector’s items on there anymore.

    —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.

    • 6 min
    Goodbye to Bonza airlines? | Amazon's secret ad jump | Shein Australia's billion dollar dominance

    Goodbye to Bonza airlines? | Amazon's secret ad jump | Shein Australia's billion dollar dominance

    Bonza, the regional budget airline, has gone into voluntary administration, after its aircrafts were repossessed.

    Amazon has smashed its revenue goals by 16% after it saw rapid growth in cloud and its ad market.

    The Australian arm of fast-fashion brand Shein has generated nearly $1 billion in sales and tripled its profits in 2023.

    —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.

    • 6 min
    Optus & TPG's marriage of convenience | Alphabet hits $3 trillion USD after major announcement | Crown Resorts slashes 1,000 jobs

    Optus & TPG's marriage of convenience | Alphabet hits $3 trillion USD after major announcement | Crown Resorts slashes 1,000 jobs

    TPG and Optus have signed a $1.6 billion deal to share mobile networks and expand their reach across regional Australia.

    Alphabet, the owner of Google, has announced its first ever dividend to investors after completely beating its forecasts.

    Crown Resorts will cut nearly 1,000 jobs after a major drop in tourist demand and gaming restrictions.

    —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.

    • 6 min
    BHP's $60 billion bid | Meta shares down 15% | Google hides Australian revenue

    BHP's $60 billion bid | Meta shares down 15% | Google hides Australian revenue

    BHP has made a nearly $60 billion bid to acquire a British mining company - to double down on copper and its copper mines.

    Shares in Meta fell more than 15% after it warned of increased costs related to its big fat AI investment.

    Google has chosen to not reveal the gross amount it makes from Australia for the first time in seven years.

    —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.

    • 7 min
    Inflation remains sticky | Beckham vs Wahlberg in $10m battle | TikTok gets closer to US ban

    Inflation remains sticky | Beckham vs Wahlberg in $10m battle | TikTok gets closer to US ban

    The Reserve Bank of Australia (RBA) has announced inflation of 3.6% which is higher than expected.. And it means a rate cut in 2024 is looking less and less likely

    David Beckham is suing Mark Wahlberg for more than $10 million USD after he was allegedly underpaid for an endorsement deal with fitness franchise F45

    The US Congress has passed a bill that will could force TikTok to be sold in the US within a year or otherwise be banned altogether

    —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.

    • 7 min

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