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Ryanair wants you to stop posting a cliche photo on Instagram of you having an airport beer.
Pick & Scroll News
January 20, 2025
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Good morning. Ryanair wants you to stop posting a cliché photo on Instagram of you having an airport beer drinking excessively before you get on a flight.
The airline wants a limit of two alcoholic drinks at an airport to reduce unruly behaviour on flights.
We assume the London to Ibiza flight experiences more than its fair share of 'incidents'.
All the headlines and more below...
GENERAL PICK
TikTok has ceased US operations whilst displaying shutdown messages to 170 million American users, as President-elect Trump signalled a likely 90-day reprieve after taking office. LINK
AUSTRALIAN NEWS
The suburbs where renters saved $800 in 3 months
Inner Sydney and Melbourne rental markets showed rare declines of up to 7% due to shifting migration patterns. LINK
Electricity contract prices have increased across NSW, VIC and QLD due to coal plant outages. LINK
Australian travellers can now access expedited US airport security clearance whilst benefitting business visitors through a new system. LINK AFR
New cybersecurity laws require ransom payment reporting while protecting victim identities. LINK
Australian venture capital firms are allocating millions for startups whilst expressing concerns about US renewables policies. LINK
Private credit demand is being driven by smaller companies with annual turnovers exceeding $100M, as 42% plan to utilise it compared to 16% of top enterprises. LINK
Australia faces a winter gas shortage for FY26 despite being a major LNG exporter, necessitating controversial LNG imports. LINK
GLOBAL NEWS
White House: TikTok should remain available to Americans
The White House stated TikTok should remain available under non-Chinese ownership. LINK
Donald Trump launched a $TRUMP meme coin cryptocurrency which has rapidly surpassed a US$613 market capitalisation. LINK
Donald Trump prepares for inauguration whilst planning the largest deportation operation in US history. LINK
Israeli PM Netanyahu delayed a Gaza ceasefire deal pending Hamas' hostage release list. LINK
COMPANY NEWS
Perplexity AI bids to merge with TikTok US, source says
Perplexity AI has proposed a merger with TikTok US operations to create a new entity whilst addressing ByteDance ownership concerns. LINK
OpenAI has finalised its o3 mini reasoning AI model for imminent launch with ChatGPT integration and API access. LINK
NSW and QLD governments rejected tax relief requests from Star Entertainment despite its financial collapse risks. LINK
American Express will pay US$230M to resolve deceptive marketing allegations involving small businesses. LINK
BOQ has charged $158,000 in fees to deceased customers' estates over 4 years due to compliance failures. LINK
UGG Since 1974 is facing a trademark lawsuit from US-based Deckers Outdoor Corporation. LINK
Netflix attracted over 9 million new subscribers in Q4 FY24 through its sports expansion featuring the Tyson vs Paul match and NFL games. LINK
OpenAI has partnered with Axios to fund newsroom expansions across 4 cities. LINK
Telix Pharmaceuticals has secured European approval for its prostate cancer diagnostic agent Illuccix and achieved 46% revenue growth to US$142M in Q4 FY24. LINK
PolyNovo has achieved a 22.8% revenue increase for H1 FY25, driven by international sales. LINK
Australian tech firm Rokt achieved a US$3.5B valuation following a US$300M acquisition and US$538M funding round. LINK
ONE MORE SCROLL
Editor’s Pick: A third patient got a Neuralink brain implant. The work is part of a booming field.
Draft Pick: Novak Djokovic boycotts Channel 9 after advancing to the Quarterfinals in straight sets.
Odd Pick: EU fines EU for breaching EU data protection law.
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