Ingenia Communities has rejected Warburg Pincus’ revised A$2.06 billion takeover proposal, saying the A$5.05 offer undervalues the company while its planned Peet acquisition remains central to its growth strategy.
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Revenue-Based Financing Explained: How It Works
Revenue-based financing offers Australian businesses a way to raise growth capital without giving up equity or taking on fixed monthly repayments. Learn how RBF works, who qualifies, what it costs and when it makes sense compared with traditional debt or equity funding.
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Business
Disney Names Adam Smith Chairman of Streaming Business
Disney has appointed Adam Smith as chairman of its streaming business and Joe Earley to a newly created television franchise role as the company reorganises its Disney+ and Hulu operations and strengthens its direct-to-consumer strategy.
Business
Starbucks Settles Florida DEI Lawsuit for $1M Under Nationwide Employment Agreement
Starbucks has settled a Florida DEI lawsuit for $1 million, agreeing to nationwide employment restrictions and four years of compliance certifications.
Business
ABC Four Corners Faces Impartiality Breach Finding Over War Memorial Story
ACMA has found ABC’s Four Corners breached impartiality obligations over its Australian War Memorial redevelopment coverage, while the ABC has rejected the ruling and warned that its interpretation could create a chilling effect on investigative journalism.
Turkish Watchdog Files Complaints, Orders Trading Bans Over Share Manipulation
Turkey’s Capital Markets Board has filed criminal complaints against 38 people and imposed two-year trading bans over alleged manipulation involving three Borsa Istanbul-listed companies, while also sanctioning fund manager Pusula Portfoy.
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Google Avoids Ad Tech Breakup as US Court Orders Six Years of Competition Reforms
Google will avoid selling its AdX advertising exchange, but a US federal judge has ordered six years of interoperability, data-sharing and anti-discrimination measures that could give publishers and rival ad-tech platforms greater access to Google’s advertising ecosystem.
02
Amazon Raises Minimum US Operations Pay to $20 per Hour
Amazon has raised the minimum hourly pay for eligible full-time US operations workers to $20, while introducing the Day 1 Financial benefit and pushing average total compensation above $32 per hour including employee benefits.
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Salesforce Sets $63 Billion Revenue Target as AI Push Grows
Salesforce has set a fiscal 2030 revenue target above $63 billion, ahead of analyst estimates, as the software giant expands its AI strategy.