The delivery business looks to be under further strain after Deliveroo departed Australia this week. Elsewhere Airbnb’s co-founder is moving into tiny homes while TikTok starts to emerge as the biggest winner in a downsizing tech industry. These were the five big stories of the week. 1. No delivery Deliveroo has become the latest […]
This week Zuckerberg cuts costs at Meta as he tries to rescue his bet on the metaverse. FTX goes to the brink of bankruptcy and Disney+ finds a path to profit. These are the five big stories from the week that was. 1. Swinging axe Meta cut more than 11,000 jobs this week. At around […]
Activision Blizzard has shot the lights out with its latest Call of Duty game, beating out even film franchise behemoths. Elon Musk meanwhile is wasting no time tinkering at Twitter while Australia’s biggest miner calls for a ban on petrol cars. These are the five big stories from the week that was 1. Duty calls […]
A big week of tech earnings has produced some major disappointments with Alphabet, Meta, Amazon and Microsoft all missing the mark – or expecting to soon. Meanwhile Fortescue looks to lithium and Elon arrives at Twitter HQ. These are the five biggest stories of the week. 1. Alphabet Soup It’s been a tough week for tech. Take […]
This week the WWE performs its finishing move on Wall Street, Tesla and Snap struggle to impress the market and Alphabet’s robo-taxi means no more small talk with your Uber driver. These are the five big stories from the week that was. 1. Finishing move World Wrestling Entertainment is defying market trends this year, with […]
This week Microsoft takes the FOMO out of WFH, Apple is slowly becoming a bank and Netflix turns on ads. These are the five big stories from the week that was. 1. What the WFH? Microsoft has unveiled an app that will help those in a hybrid workforce decide when to go into the office. […]
This week Elon changes his mind, Credit Suisse does damage control and petrol prices may be heading higher. These are the five big stories from the week that was. 1. What the X? Elon Musk sent Twitter shares flying this week after changing course yet again, agreeing to buy the social media giant at his […]
This week Harley-Davidson spun off its electric motorcycle division, LiveWire, into its own publicly traded US$1.8 billion company, the first of its kind on Wall Street. These are the five big stories from the week that was. 1. New Hog Harley-Davidson (HOG) has spun off its electric motorcycle division, LiveWire, into the first publicly traded […]
A spate of high-profile hacks have shaken up businesses this week, spanning from Take-Two Interactive to Optus. These were the five big stories this week. 1. Take-Two Hack Take-Two shares dropped this week after the game studio was hit by one of the biggest leaks in video game history. Footage and source code was stolen from […]
This week’s launch event saw Apple make its pitch to customers for the next 12 months, unveiling a slew of new features while freezing prices in most markets. These are the five big stories from the week that was. 1. The Big Apple An iPhone that can detect a car crash? An Apple Watch that […]
The market continues to shift to a profit mindset as Snap became the latest company to focus on its bottom line this week. But while that might look like job cuts at Evan Spiegel’s social media platform, other companies chase new markets and new products to get them there. These are the five big stories […]
Australia’s supermarkets, convenience stores and even fast-food chains like Domino’s all sang from the same songbook this week, blaming price hikes on rising inflation. As spending tightens, consumer brands are having to adapt to the times while miners continue to ride a resources boom. These are the big stories from the week that was. 1. […]