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🗞️ Fix you
If you've ever listened to the song ‘Fix You’ and thought that you could fix things with your partner it might be too late.
Aussie Corporate & Pick & Scroll News
July 21, 2025
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Good morning. If you've ever listened to the song ‘Fix You’ and thought that you could fix things with your partner it might be too late.
During a Coldplay concert last week, CEO of Astronomer Andy Byron was caught cheating with his Chief People Officer on the kiss cams, forcing them both to resign in disgrace.
Let's hope that lost in the concert spirits you don’t do things that you can’t fix.
All the headlines and more below...
AUSTRALIAN NEWS
Aussies head overseas as airfares drop
Australians are booking 59% of Christmas travel overseas to Bali, Tokyo and Auckland whilst couples comprise 32% of travellers as lower airfares drive demand. LINK
A $100M IT system failure has disrupted water billing for 85,000 Victorian households. LINK AUS
The Albanese Government has rejected Meta's request to ease data privacy laws for AI training. LINK
Australia's top 20 listed companies face a third consecutive year of earnings declines despite strong share valuations. LINK
Prime Minister Anthony Albanese completed his China visit while addressing diplomatic tensions over Taiwan. LINK
The ATO is investigating global tech giants over potential offshore shifting of data centre profits despite billions in local investments. LINK
COMPANY NEWS
Musk says xAI will make kid-friendly app called Baby Grok
xAI will launch a child-friendly application called Baby Grok. LINK
ANZ and Westpac have reduced savings rates despite steady RBA cash rates due to high deposit inflows. LINK
Qantas has secured an interim injunction to prevent publication of stolen data, whilst Maurice Blackburn lodged a representative complaint on behalf of affected individuals. LINK
Teneo has acquired PwC Australia's Business Restructuring Services unit, adding 80 professionals. LINK
Meta reached an undisclosed settlement over an US$8B lawsuit regarding Facebook privacy violations. LINK
Coca-Cola's planned switch to cane sugar in the US could impact domestic farmers and increase costs. LINK
Nvidia CEO Jensen Huang announced H20 chip sales in China whilst promoting stronger US-China business ties at a Beijing expo. LINK
BHP reported record copper and iron ore output for FY25 and announced a $1.7B cost overrun for its Jansen potash project. LINK
Samsung's new Galaxy Z Fold7 has achieved a thinner and lighter design that transforms it into a standard phone with an expanded internal display. LINK
Netflix delivered $7.19 EPS in Q2 whilst raising its FY25 revenue outlook, driven by the final season of 'Squid Game'. LINK
Citigroup and Ant International launched an AI-powered FX hedging program that achieved 30% cost savings. LINK
ONE MORE SCROLL
Editor’s Pick: Rolling Stones 100 Best Songs in 2024.
Draft Pick: Oleksandr Usyk beats Daniel Dubois in devastating KO fashion to become the undisputed heavyweight champion.
Odd Pick: Paranormal investigator working with infamous ‘cursed’ Annabelle doll dies suddenly.
TOGETHER WITH
Take what you’re doing offline and circle back on team wellness because real team bonding happens with puppies, not PowerPoint. Give your team an event they’ll actually look forward to with Puppy Yoga!
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
BRAINTEASER
Here's a puzzle to get you started for the day. What is the below phrase?
yourBELIEVEself
Answer below
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ANSWER
Believe in yourself (and good luck with your Monday)
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