Aldi Australia has announced that it’s abandoning its plan to offer online shopping because it’s doing fine without it.

ChatGPT’s creator, OpenAI, is officially coming after Google Search after launching its new search feature “SearchGPT”.

Hermes, the luxury clothing brand, has bucked the trend of other luxury brands by reporting a 13% rise in second quarter sales.

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Deloitte Australia has seen its revenue drop by more than $70 million in the last financial year after its consulting division was hit haaard by a slowdown in spending.

Tesla has seen its share price drop 12% after it saw an enormous quarterly drop in profit thanks to more and more electric vehicle competition.

Country Road Group is expected to restructure its business and re-shape its team after a tough couple of years in the retail space.

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The merger between Mighty Craft beverages and The Inspired Unemployed’s Better Beer has fizzled out after Mighty Craft fell into administration.

Mattel, the toymaker behind Barbie and Hot Wheels, has seen its share price skyrocket 20% after reports that a private equity firm is looking to acquire it.

Dolce&Gabbana is flirting with the idea of bringing in outside shareholders for the very first time either through a listing ..or other ways.

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Fortescue Metals Group, one of Australia’s largest companies, has cut 700 jobs across its global workforce after its green ambitions haven’t quite met investor expectations.

Microsoft has announced a new AI-powered designer app late last week, to help newbies with their basic design skills.

The maker of Ray Ban sunnies, EssilorLuxotica, has acquired the Supreme fashion brand for $1.5 billion USD.

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An Australian viral beauty brand Coco & Eve has raised $100 million from a US private equity business, which will now take a majority stake in the business.

Google is looking to make its biggest acquisition ever after it announced late-stage talks to acquire a cybersecurity company for $23 billion USD.

Nvidia and other AI chipmakers have seen their share prices plummet after Donald Trump’s latest comments on the chip industry in Taiwan.

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A construction tech company in Australia called Hammertech has raised $105 million as it looks to expand into the US and Europe.

One of the major investors in Stripe, Sequoia Capital, is offering to buy shares from its earliest investors at a $70 billion USD valuation.

Budget mobile brands have seen double digit growth in subscribers after the latest price increases from telco giants Telstra and Optus.

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Crown Resorts has sold its 20% stake in the Nobu restaurant chain and this sale values the chain at $1.3 billion.

Shein is investing $270 million USD into fund to support sustainable fashion, as it looks to put its best foot forward ahead of a potential IPO in London.

BHP has announced plans to let go thousands of employees after facing intense nickel competition in Indonesia.

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Aussie retailer, The Good Guys, has been alleged to have failed to provide store credits to thousands of eligible consumers…and now the ACCC wants to have their way with them!

Spotify has launched a number of new features that steer it closer and closer to a full-blown social networking experience.

Samsung has announced brand new tech devices at its Galaxy Unlocked conference - and this year’s sexiest products are all around health-tracking.

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Telstra will be jacking up the prices of its mobile phone plans by more than the inflation rate as part of its plans to grow faster.

Saks Fifth Avenue's parent company has acquired luxury retail Neiman Marcus for $2.65 billion USD… and Amazon and Salesforce are taking a slice too.

Paramount Global, one of Hollywood’s oldest studios and Skydance Media have agreed to a merger.

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Amazon, Netflix and Kayo could now outbid free-to-air networks for Australia’s biggest sporting events after a new law was passed late last week.

Airtasker has announced a $5 million deal with ARN Media, swapping equity for marketing support.

Meta has announced its Threads app has hit 175 million monthly active users after celebrating its 1 year anniversary.

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