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🗞️ Substantial doubt
Some sad news for '90s kids: BuzzFeed has stated they have "substantial doubt" about its ability to continue.
Pick & Scroll News
March 17, 2026
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Good morning. Some sad news for '90s kids: BuzzFeed has stated they have "substantial doubt" about its ability to continue.
BuzzFeed not only helped you confirm which Friends character you were, but also had people debating what colour "that" dress was and providing us with "21 Pictures That Will Restore Your Faith in Humanity."
With a net loss of $57 million last year while trying to pay off a $165 million debt, it’s probably time to say goodbye.
All the headlines and more below...
AUSTRALIAN & GLOBAL NEWS
New property rule in Victoria to end price secrecy that is 'inflating' house prices
The Victorian government is introducing an Australian-first law this year requiring real estate agents to disclose all residential property sale prices as a move to improve market transparency. LINK
Australia is accelerating the transformation of its electricity grid to strengthen energy security as instability in the Middle East highlights vulnerabilities in diesel and fertiliser supply chains. LINK
New apartment completions in Australia are set to reach a 5-year high of 23,828 as the big four banks ease lending and pre-sales requirements. LINK
The ACCC has urged the government to adopt new franchise laws allowing the regulator to suspend non-compliant chains as it increases scrutiny of disclosure register information. LINK
A number of companies across Australia have entered liquidation or administration on March 16 as the newly released list covers both voluntary and involuntary appointments. LINK
Major plastics suppliers have warned customers of imminent price hikes and potential force majeure contract breaches as interest rate rises and Middle East tensions stress supply chains. LINK
COMPANY NEWS
KFC to fork out $29 million over rest breaks
KFC has agreed to pay $28.8M to about 90,000 staff after settling a class action over denied rest breaks from 2017 to 2023, pending Federal Court approval. LINK
The Fair Work Commission has upheld Hansen Corporation's dismissal of a database manager for serious misconduct as he faked timesheets and sometimes worked only 10 minutes a day. LINK
An Emirates flight from Melbourne to Dubai International has been diverted to Dubai World Central as a drone attack near the airport struck a fuel tank. LINK
AUSTRAC is using data from CBA to identify weaknesses in anti-money laundering rules as concerns grow over about $1B in fraudulent mortgages involving doctored applications. LINK
A vape that caught fire on a Virgin Australia flight from Brisbane to Melbourne has triggered a PAN call and emergency response at Melbourne Airport. LINK
Macquarie Securities has been ordered by the NSW Supreme Court to pay a $35M fine as it misreported at least 73M short sales from 2009 to 2024. LINK
Virgin Australia has extended mass flight cancellations from Sydney, Brisbane, Perth and Melbourne to Doha through to Thursday as outbound flights saw just 44.6% of seats filled in October. LINK
Woodside has cut net scope 1 and 2 emissions by 15% from its baseline, meeting the first target in its decarbonisation plan as it aims for net zero. LINK
ONE MORE SCROLL
Editor’s Pick: 5 minutes more exercise and 30 minutes less sitting could help millions live longer.
Draft Pick: F1 Chinese Grand Prix quick hits: More drama for Oscar Piastri and McLaren, as history is made in China.
Odd Pick: The creator of Wordle has a new game.
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