🗞️ Golden stool

If you read this from your porcelain toilet, surely it would be comfier if it was made of gold.

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Good morning. If you read this from your porcelain toilet, surely it would be comfier if it was made of gold.


English thief Michael Jones certainly thought so, as he and an accomplice were convicted for stealing an 18-carat toilet worth $10 million from Blenheim Palace. A day before the heist, Jones used the toilet and later told prosecutors that the experience was "splendid".


The stolen toilet was never found, but it is suspected to have been dismantled and sold.


All the headlines and more below...

AUSTRALIAN NEWS

WA’s education department reviews content filtering on school computers

  • The ACCC is seeking feedback on new merger assessment guidelines before implementation in January 2026. LINK

  • The unemployment rate remained steady at 4.1% in February as employment fell by 53,000. LINK

  • Federal Labor will introduce legislation to protect Tasmanian salmon farming whilst potentially halting environmental legal challenges. LINK

  • Immigration arrivals fell 32% from the post Covid-19 peak of 555,798 in the 12 months to September 2023, which was the largest on record. LINK 

  • WA's education department reviews content filtering after blocking an anti-live sheep export website on school computers. LINK

GLOBAL NEWS

Music revenues rise again in 2024, boosted by streaming subscriptions

  • Subscription streaming boosted global recorded music revenues for a 10th straight year in 2024, by 4.8% to $29.6 billion with total subscriber numbers rising 10.6% to 752 million worldwide. LINK

COMPANY NEWS

Nike to post worst revenue fall in 5 years on stagnant demand

  • Nike is expected to post its steepest revenue decline in nearly 5 years as its new products failed to impress with downloads of Nike mobile apps for the quarter down 35% from a year earlier and foot traffic at Nike stores down 11%. LINK

  • The European Commission accuses Google and Apple of violating digital market rules whilst risking multi-billion dollar fines. LINK

  • AirTrunk plans to expand the data centre company to $100B after its $24B sale to Blackstone. LINK

  • The ACCC has approved TPG Telecom's $5.25B enterprise business sale to Vocus Group. LINK

  • Microsoft, BlackRock and Nvidia have welcomed xAI into their US$30B AI infrastructure partnership. LINK

  • Sigma Healthcare has recorded a $13.8M annual loss due to Chemist Warehouse merger expenses. LINK

CHART OF THE DAY

ONE MORE SCROLL

Editor’s Pick: Water consumption is actually reduced with high water pressure.

Draft Pick: Storm hang on in rollercoaster GF rematch after Cleary hurt amid injury carnage.

Odd Pick: Women will be having more s*x with robots than men by 2025.

TOGETHER WITH

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TRIVIA


X, formerly known as Twitter, is 19 years old today. Given 19 is a nothing birthday year, we thought we would do a trivia which they would like to be involved in, but don't make the cut.


Can you rank the below social media platforms in terms of active worldwide users from a 2024 study.


Here are the top six platforms for you to rank in order based on active worldwide users from a 2024 study: Instagram, WhatsApp, Facebook, TikTok, YouTube and WeChat.


Answer below

OUR SOCIALS

Join over 19,000 followers on our LinkedIn and Instagram for industry insights and snapshots.
Like what you read? Share Pick & Scroll with your family, friends and colleagues below. 👇

ANSWER

1. Facebook
2. YouTube
3. Instagram
4. WhatsApp
5. TikTok
6. WeChat


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