JB Hi-Fi’s CEO is exiting the company to become the CEO of Premier Investments - the owner of Just Jeans, Peter Alexander and Smiggle.

 

Spotify has launched a new subscription podcast platform that gives creators the ability to make podcasts exclusively for paid subscribers.

 

Monopoly maker Hasbro will raise the prices of toys and games to counter a rise in raw material costs.

 

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Aussie beauty brand Frank Body has sold part of its company to a Chinese private equity firm - valuing the company around $100 million.

 

The Commonwealth Bank’s school program Dollarmites is being ditched by the Queensland government - following both ACT & VIC.

 

Toyota has bought the self-driving car unit of one of the world’s largest ride-sharing apps, Lyft, for over $700 million.

 

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Bunnings’ home renovation videos are leading millions of viewers to its website and YouTube channel - which is driving online sales.

 

Blackmores, Australia’s biggest vitamins company, believes the $200 million in ‘daigou’ retail sales that have evaporated since COVID will never come back.

 

Manchester United’s owners would be willing to sell the club for over $7 billion after the European Super League failed spectacularly last week.

 

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Woolworths is doing an Amazon - the company will launch an online marketplace and will let third parties sell through woolworths.com.au.

 

Too much stock and slowing sales has impacted Kogan’s performance over the last quarter - and investors have headed for the exits.

 

Amazon and Nestle have joined forces with several nations in an initiative to save the world’s forests.

 

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Netflix added only 4 million new subscribers in the last 3 months, 2 million less than what it said it would achieve.

 

The Australian government has ripped up Victoria’s Belt and Road economic agreement with China - because it is contrary to national interest.

 

TikTok has struck a big deal with ATTN: to create "TikTok for Good” - videos on topics like environmentalism and animal welfare.

 

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Target may become an online-only retailer in the future as its ongoing union with Kmart sees its store numbers drop off.

 

Woolworths is stepping up its focus on data analytics and has spent $223 million to take control of a big Aussie data science company.

 

The British government and the Bank of England have set up a team to create a digital currency for Britain (ie. a “Britcoin”).

 

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Afterpay is preparing to IPO for a second time - this time in the US - as it strives to raise its profile amongst global investors.

 

Facebook has announced a range of new audio products - a sign that it’s taking the threat from Clubhouse and others seriously.

 

Europe’s wealthiest soccer clubs want a better way to monetise their global popularity, so 12 clubs have unveiled a breakaway competition.

 

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Google illegally misled Australian phone users when it continued to collect location data even after users thought they had turned off location tracking.

 

Apple Music has revealed how much it pays when you stream a song - and they’re paying up to three times as much as Spotify.

 

Citibank is leaving the Australian market after 36 years and will sell its consumer banking division.

 

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Zip is planning a big move into cryptocurrency and stock trading - as it expands beyond just buy now pay later.

 

Telstra held talks with a Hong-Kong based private equity firm about merging its international division.

 

As part of the Adidas’ sustainability focus, the company has announced new shoes that will be made from mushroom leather.

 

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Coinbase’s valuation reached above $145 billion on day 1 of its IPO - in a landmark moment for the crypto world.

 

ASX-listed jewellery company Michael Hill is likely to achieve profit growth this year - despite many of its stores still being closed due to lockdowns.

 

Grab, the Singapore based ‘super-app’ that blends Uber, Menulog, Kogan and Beem It in one app, is going public in  world’s largest ever SPAC deal.

 

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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.

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