CommBank's hypocritical buy now pay later | Volkswagen taking on Tesla | Snapchat to find you perfectly fitting fashion
The Commonwealth Bank will launch its own buy now pay later product despite denouncing Afterpay and co for years. Volkswagen is getting ready to take on Tesla in the electric car space, but with a big partnership strategy. Snap has acquired a company that helps you find clothes which will f…
Coles, Nestle to recycle choccy wrappers | Pepsi could sell Aussie snacks business | eToro looking to SPAC at $13 billion
Coles, Nestle and others are planning to build a new soft plastics recycling plant - where chocolate wrappers can be remade into new food wrapping. PepsiCo, the owner of Pepsi, Smith’s Chips and Red Rock Deli, is exploring a potential sale of its Australian snacks business. eToro, the share…
Plant based meat = too expensive | Hospital Now, Pay Later | China bullying Alibaba again
Australia’s plant-based meat industry blossomed in 2020, but consumers aren’t adopting it as much as you’d think (due to prices). Openpay, another Aussie buy now pay later company, will be the first company to let patients split the cost of private hospital procedures. China has asked Aliba…
Vice returns to Aus (again!) | Netflix cracking down on password sharing | China to be world's first majority online economy
Vice, the youth focused media brand, is giving Australia a second crack - this time through a big partnership with Pedestrian. Netflix is finally cracking down on users who share their password with people outside their household. This year, China is expected to be the first country where m…
Menulog and Snoop Dogg going rural | Uber, Lyft unite to ban bad drivers | Penfolds owner selling out
Menulog has seen a rise in orders of over 100% this year, and now Menulog wants to take its success to rural Australia. Treasury Wines, the owner of wine brands like Penfolds and Wolf Blass, has sold four of its US brands for $100 million. Uber and its overseas rival Lyft have agreed to sha…
Half price airfares for Aussies | 'Instagram Lite' to launch around the world | Peloton coming to Aus
The Australian government is cutting the price of domestic airfares to get more Aussies to holiday locally. Instagram is targeting developing countries with the launch of ‘Instagram Lite’. Peloton, the American fitness tech company, is coming to Australia and will open retail stores here th…
100,000 jobs to be lost when JobKeeper ends soon | Another streaming service launches in Aus | PayPal is launching a BNPL to compete with Afterpay
JobKeeper ends in 3 weeks and over 100,000 Australians are expected to lose their jobs when it ends. Australia’s streaming market is getting another big name in the mix. This time, Paramount+ is prepping for its big Aussie launch. PayPal will soon launch a buy now, pay later service in Aust…
Facebook dragging its feet in Aus | Deliveroo to IPO and reward riders with cash | Aussie businesses to get $1B for apprenticeships
Australian businesses will be given over $1 billion in wage subsidies to create 70,000 new apprenticeships. Australian news publishers are worried that Facebook is trying to slow down negotiations on a deal to pay publishers. Deliveroo has announced it will IPO soon - and it is promising so…
Italy blocks Australia's COVID vaccines | Jay-Z laughing all the way to the bank | Google to stop tracking your personal data
Italy has blocked a shipment of COVID-19 vaccines heading for Australia. Square, the mobile payments service, is acquiring a majority stake in Jay-Z’s music streaming service Tidal. Google is going to stop using your personal browsing history to sell targeted ads. --- Save money and…
Netflix tries to compete with TikTok | Female gold medalists launch female media platform | Xero's biggest buy ever
Accounting platform Xero has made its biggest acquisition ever, spending $240 million on a European workforce management company. Netflix has launched a TikTok-like feed of funny videos to better compete with social media. Four female Olympic gold medalists are launching Togethxr, a media p…