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The Dive | Business News

Because who says business news, needs to be all business?

Who says business news needs to be all business? The Dive talks about the stories that matter, brings in the broader perspective, and doesn’t use the dense jargon that leaves you behind. Each episode, your host Sascha Ke
Latest Episode3/28/2023

Afterpay's new owner, Block, has been accused of facilitating fraud

Afterpay - is the definition of a recent Aussie success story. The buy-now-pay-later service that catapulted to the front of the pack when that wave of services came through a couple of years ago.And if you’re on financial media - like we are - you’re always encountering the headline - which stock is the next Afterpay? Reminding us of what a golden run it had during the pandemic. The company was acquired for $29 billion USD in 2021 by Block, formerly known as Square, one of the hottest fintech companies listed in the States.But now Afterpay’s parent company has found itself in some hot water. Last week it was targeted by one of the most feared activist short sellers in the world, Hindenburg Research. And as a result, the share price took a dive. Sascha and Darcy talk about how companies respond to short-selling reports.Listen to our other episode on Hindenburg here. Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here. Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.
3/28/2023

Afterpay's new owner, Block, has been accused of facilitating fraud

Afterpay - is the definition of a recent Aussie success story. The buy-now-pay-later service that catapulted to the front of the pack when that wave of services came through a couple of years ago.And if you’re on financial media - like we are - you’re always encountering the headline - which stock is the next Afterpay? Reminding us of what a golden run it had during the pandemic. The company was acquired for $29 billion USD in 2021 by Block, formerly known as Square, one of the hottest fintech companies listed in the States.But now Afterpay’s parent company has found itself in some hot water. Last week it was targeted by one of the most feared activist short sellers in the world, Hindenburg Research. And as a result, the share price took a dive. Sascha and Darcy talk about how companies respond to short-selling reports.Listen to our other episode on Hindenburg here. Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here. Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.
3/26/2023

What on earth is sushi terrorism?

Today, we’re trying something a little different. You’re used to Sascha introducing one story that we’ll talk about for the next fifteen or so minutes, but today we want to tackle three. There's no reason why, we just really like these stories... but honestly, we didn’t quite think there was quite enough to pump out a full episode. So we just thought - why not talk about them together! So here we are - we’ll tackle 5 minutes, three stories.How has monkey labour led to a change in Hello Fresh’s policies? Multiple people have been arrested for sushi terrorism - which is on the rise in Japan…. And 90 million people in Ethiopia who don’t use the internet, might suddenly be gaining access. We talk about what this means… Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.  Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.
3/23/2023

What do the French protests have to do with my retirement?

A million people have taken to the streets in France. Why? Because the Government has forced through a new law increasing the pension age from 62 to 64. The move from President Emmanuel Macron has not been popular. Two thirds of the French population disagree with the change. It’s seen his popularity plummet to just 28%.  But Macron says - this is a change that had to be done and he’s not the only world leader considering changing retirement policies. Globally, we have an ageing population. So governments everywhere are trying to raise retirement ages.  Yes, the French love to protest, but this cause might be a lot closer to home.Today Sascha and Alec consider - what do protests in France have to do with my retirement? Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.  Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.
3/21/2023

Are we in a banking crisis?

The global banking system is under some extreme stress. Over the past few weeks, three U.S. banks have failed. And Swiss bank Credit Suisse has been acquired by its biggest rival after it also ran into trouble. It's natural to be worried. Is this the start of a run on the banks? A financial crisis? Or is this a lot of media hype? Most importantly, when it comes to American banks on the other side of the world - how concerned should we be here in Australia?Today Darcy and Sascha ask - is this the beginning of a bank crisis? Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.  Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.
3/19/2023

The Mormon Church’s secret $100bn investment fund

Recently, it was revealed that The Mormon Church - aka Church of Jesus Christ of Latter-Day Saints - had a secret $100 billion investment portfolio. That headline caught our attention, because it sparked so many questions: How do you keep $100 billion dollars a secret? Why did it need to be secret in the first place? How does the church amass so much money? Do all churches have that much money?  Today Sascha and Alec understand more about the Mormon Church’s $100 billion portfolio. Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.  Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.
3/16/2023

Apple's top secret healthcare startup has been revealed

Apple has been secretly working on a revolutionary healthcare project for years. One they started when Steve Jobs was still CEO. Here's a clue about what it involves... Did you know 11.5% of global health expenditure is spent on diabetes? That’s USD$966 billion! Roughly 1 in 10 Americans are diabetic - in Australia, it is roughly 1 in 20. Every day, most diabetics prick their skin to test their blood sugar levels.  Apple’s secret project has been working on technology to test blood sugar without having to prick the skin. And they hope to one day build it into the Apple Watch. This will be technology we’ll all have access to - and anyone at risk of getting diabetes will know when they are pre-diabetic. Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.  Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.
3/14/2023

10 industries that are experimenting with ChatGPT

By now, you’d’ve heard of ChatGPT. And after playing with it for a couple of minutes - had that moment of existential dread as you think - how long until this technology takes my job? Don't worry, ChatGPT is still often getting things wrong. Here at Equity Mates HQ, we asked it for a blurb on an Australian software company. It gave us a description for a real estate investment trust - that’s just not right. We shared a few other examples in our Thought Starters email last week - including ChatGPT telling users the Philadelphia Eagles won the Superbowl and that Croatia left the European Union in 2022. So take a deep breath. While ChatGPT still needs a fact checker, we’re a long way from AI taking our jobs.  But we wanted to take stock and see where the most exciting experiments were happening. Sascha and Alec talk about - what are the emerging use cases of ChatGPT?Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.  Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network.