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Bottom's up for big brewery | Microsoft's AI challenge | Procter & Gamble's sales hit
An Aussie vodka maker, Billson’s Brewery, that makes a popular ready-to-drink vodka, has gone into voluntary administration.
Microsoft saw its shares…
1 year, 10 months ago
Canva's major AI acquisition | Rex Airlines hits turbulence | Maccas hurt by its expensive burgers
Canva has announced that it will acquire AI startup Leonardo.Ai in a big deal for Australia’s start-up ecosystem.
Rex Airlines shares are in a tradin…
1 year, 10 months ago
Aldi Australia grows market share | OpenAI launches the Google-killer | Hermes' sales up 13%
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…
1 year, 10 months ago
Deloitte's disappointing day | Tesla's business is changing | Country Road's culture problem
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 sl…
1 year, 10 months ago
The Inspired Unemployed's beer-deal fizzles | Mattel may have a buyer | Dolce & Gabbana opens up to respectful investors
The merger between Mighty Craft beverages and The Inspired Unemployed’s Better Beer has fizzled out after Mighty Craft fell into administration.
Matt…
1 year, 10 months ago
Fortescue greened out | Microsoft's Canva-dupe | EssilorLuxotica goes Supreme
Fortescue Metals Group, one of Australia’s largest companies, has cut 700 jobs across its global workforce after its green ambitions haven’t quite me…
1 year, 10 months ago
Coco & Eve's $100m payday | Google's historic $23b acquisition | Nvidia vs Trump
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 bu…
1 year, 10 months ago
$105 million capital raise for construction-tech | Sequioa buys its own stock | Budget mobile wins against telco giants
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 inv…
1 year, 10 months ago
Crown Resorts sells its Nobu shares | Shein cleans up ahead of IPO | BHP big nickel cuts
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…
1 year, 10 months ago
The ACCC turns The Good Guys bad | Spotify takes on Meta | Samsung's new secret to longevity
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…
1 year, 10 months ago