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Macquarie profits from oil shock | Google replaces Fitbit just 5 years after acquisition | Uber Australia rides its profits overseas
Description
Macquarie has posted a $4.85 billion annual profit… up 30%... after it turned the Iran oil shock into one of the biggest windfalls in the bank's history.
Google has quietly killed off the $2.1 billion Fitbit app and replaced it with an AI health coach app for all devices.
Uber made $2.1 billion in gross profit in Australia last year and somehow ended up with just under $9 million in net profit.
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