🗞️ Corporate cuddles

If you like puppies or yoga (or you want to impress someone in your life who likes puppies), this morning’s intro is for you.

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Together with


Good morning. If you like puppies or yoga (or you want to impress someone in your life who likes puppies), this morning’s intro is for you.


Doga Sydney now has 'puppy yoga', which looks about as productive as it sounds. Here are some videos and a sign up for you. A corporate booking would certainly liven up the dreaded upcoming offsite.


You can technically count it as exercise but we have a feeling your slightly stricter Apple watch will not.


All the headlines and more below...

AUSTRALIAN NEWS

Falsely labelled ‘organic’ products rife on Australian shelves, shoppers warned

  • Australians are being misled by producers who engage in a form of greenwashing by falsely labelling their products “organic”. LINK

  • Australian consumer confidence dropped 0.7% in January as high mortgage rates and financial stress dampened optimism for FY25. LINK

  • Australian farmers expect strong FY25 results due to favourable weather, beef demand and export advantages. LINK 

  • Australian ETFs reached $33.49B in inflows during 2024 as total funds grew 38% to $239B. LINK

  • Difficult times in the AU venture capital industry have led to fears of a rise in the number of so-called 'zombie VCs' — firms caught between funds that continue to operate but struggle to raise new capital. LINK

  • Melbourne Airport will expand its international terminal for $4.5B after passenger numbers reached 1.1 million in December. LINK

  • Sydney Trains has offered employees a 13% pay rise over 4 years to resolve union disputes. LINK

GLOBAL NEWS

Santa Ana winds pick up, threatening fire-ravaged Los Angeles anew

  • Dangerous Santa Ana winds have picked up speed with gusts potentially hitting 120km/h with more than 8,500 firefighters attacking the fires from the air and on the ground. LINK

  • A study warns that doubling air passenger numbers by 2050 will strain climate goals. LINK

  • The US has imposed restrictions on advanced AI chip exports to over 120 nations to maintain technological dominance. LINK

COMPANY NEWS

Wendy’s opens first Australian store, 40 years after last one shuttered

  • Wendy's is re-entering Australia after 40 years to challenge McDonald's and Guzman y Gomez in the fast-food market. LINK

  • Apple faces a ÂŁ1.5B UK class-action lawsuit over its 30% App Store commission charges. LINK

  • Insignia Financial has joined major Australian companies in allowing employees to swap national public holidays for alternative days off. LINK

  • TV show Bluey to make its Lego debut with the first sets due to hit shelves later this year. LINK

  • Carsales owner Car Group will exit its AU tyre businesses, due to continued difficulty in achieving sustainable profitability. LINK

  • City Chic reported 3.6% lower sales revenue following strong Black Friday and Christmas trading in Australia and New Zealand. LINK

  • Nvidia's top customers are delaying $10B orders of its new Blackwell chip racks due to overheating issues. LINK

  • News Corp has sold Foxtel to DAZN for $3.4B whilst retaining a 6% stake and board representation. LINK

  • Mesoblast has raised $260M through a share placement to launch its Ryoncil therapy in the US market. LINK

  • Atlassian has acquired Loom for $1.5B as its co-founders engage with government initiatives. LINK

  • Lululemon reported strong holiday sales whilst facing profit margin concerns from heavy discounting. LINK

  • US tech giants Google, Meta and Nvidia are increasing investor dividends as Nvidia's payout surges 150%. LINK

CHART OF THE DAY

2024 was the planet’s warmest year in recorded history

ONE MORE SCROLL

Editor’s Pick: Aussies warned to brace for golf ball-sized hail and flash flooding as thunderstorms sweep the country.

Draft Pick: Sam Kerr appears in court charged with alleged racially aggravated harassment.

Odd Pick: Court annuls marriage after Melbourne bride thought the actual wedding was a joke to boost groom’s Instagram.

TOGETHER WITH

Need a new team building activity? Already completed your 5th amazing race and 14th escape room? Or maybe you need a special date idea for Valentine’s Day.

Take your pick: Corporate Cuddles or Puppy Yoga đŸś

TRIVIA

The top Wikipedia pages in 2024


Wikipedia launched on this day in 2021. Will the use of ChatGPT and other AI tools take over Wikipedia? Unknown. However, we do know that 2.4 billion hours were spent reading Wikipedia last year.


Can you put the top 5 English Wikipedia pages for 2024 in order of popularity?

  • Donald Trump

  • Deaths in 2024

  • Kamala Harris

  • Lyle & Erik Menendez

  • 2024 US Presidential Election


Answers below

OUR SOCIALS

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Like what you read? Share Pick & Scroll with your family, friends and colleagues below. 👇

ANSWERS

1. Deaths in 2024
2. Kamala Harris
3. 2024 US Presidential Election
4. Lyle & Erik Menendez
5. Donald Trump


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