News

Starbucks cuts jobs and menu items in major overhaul

Published

9 months ago

February 26, 2025

The coffee giant says it will focus on simplicity, innovation, and faster service.

Starbucks is making big changes to its menu, announcing the removal of over a dozen drinks starting March 4 as part of a broader effort to streamline operations.

The coffee chain says the decision is aimed at reducing complexity, improving efficiency, and making room for innovation.

Among the drinks being cut are the Espresso Frappuccino, Java Chip Frappuccino, White Chocolate Mocha Frappuccino, and several Creme Frappuccino varieties.

In a statement, Starbucks explained that the eliminated drinks were either infrequently ordered, time-consuming to make, or too similar to other menu items.

Starbucks is also cutting 1,100 jobs in the U.S. as it tries to improve flagging business in its home market.

Starbucks also hinted that additional menu reductions are coming, with CEO Brian Niccol confirming a 30% reduction in beverages and food items by the end of fiscal 2025.

Despite the cuts, Starbucks is adding new seasonal offerings, including the return of Iced Lavender Cream Oatmilk Matcha and the debut of an Iced Cherry Chai and Jalapeño Chicken Pocket.

The company, which reported $9.4 billion in revenue in the first quarter of fiscal 2025, says these changes will help maintain its identity as a leading coffee brand while enhancing customer experience.

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Canva overtakes Atlassian as Australia’s top tech giant

Canva surpasses Atlassian as Australia’s most valuable tech company with a valuation of $65 billion amid explosive growth.

Published

17 hours ago

November 24, 2025

Harvey Vargas

Canva surpasses Atlassian as Australia’s most valuable tech company with a valuation of $65 billion amid explosive growth.

Canva has officially taken the crown as Australia’s most valuable technology company, surpassing long-time heavyweight Atlassian. The major shift comes as Canva continues scaling globally with explosive user growth and AI-powered design features that are reshaping the industry.

The company’s valuation has now soared to approximately $65 billion thanks to strong investor backing and accelerating revenue momentum. This marks a major milestone for the Sydney-based startup founded by Melanie Perkins, Cliff Obrecht and Cameron Adams.

Meanwhile, Atlassian has slipped to a market capitalisation of around $58 billion following a sharp downturn in share price. Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#canva #atlassian #AustralianTech #TechNews #StartupSuccess #AIFeatures #BusinessUpdate #tickernews

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Jim Jordan accuses Australia of censorship as eSafety commissioner called to testify

Jim Jordan urges Australia’s eSafety Commissioner to testify, sparking debate on foreign censorship and U.S. free speech.

Published

17 hours ago

November 24, 2025

Harvey Vargas

Jim Jordan urges Australia’s eSafety Commissioner to testify, sparking debate on foreign censorship and U.S. free speech.

U.S. Congressman Jim Jordan has ignited a political firestorm by demanding Australia’s eSafety Commissioner, Julie Inman Grant, testify before Congress. He alleges that Australia is enforcing a “foreign censorship regime” that threatens American free speech, escalating tensions between global regulators and U.S. lawmakers.

In this episode, we speak with Prof Chris Berg from RMIT University to unpack the implications of Australia’s Online Safety Act on U.S. platforms and how global content moderation rules are increasingly colliding with national free speech protections.

We also explore the growing debate over whether Australia’s efforts to regulate harmful online content extend too far beyond its borders, and what this clash might mean for the future relationship between Canberra and Washington.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Australia #FreeSpeech #JimJordan #OnlineSafety #eSafetyCommissioner #SocialMediaRegulation #USPolitics #TickerNews

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Australia’s most affordable growth markets revealed: Hotspotting’s new report explained

Discover Australia’s affordable property markets with growth potential in Hotspotting’s latest report, featuring expert investment insights.

Published

18 hours ago

November 24, 2025

Harvey Vargas

Discover Australia’s affordable property markets with growth potential in Hotspotting’s latest report, featuring expert investment insights.

Australia’s most affordable property markets with real long-term growth potential are now firmly in the spotlight as Hotspotting unveils its latest Cheapies with Prospects report. The data highlights suburbs where prices remain accessible but fundamentals show strong signs of sustainable capital growth.

In this interview, Tim Graham from Hotspotting breaks down what qualifies a market as a true “cheapie with prospects,” exploring the combination of affordability, yield, low vacancies and economic activity that signal genuine investment appeal. He explains why value-driven unit markets are leading across capital cities, and why Palmerston stands alone as the standout house market on the list.

We also dig into how regional markets stack up against metro areas, the role of infrastructure in boosting demand, and what investors should be watching closely in emerging hotspots. Whether comparing units in the cities or houses in the regions, Tim offers strategies for long-term growth focused investing.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustraliaProperty #RealEstateNews #PropertyInvestment #AffordableMarkets #Hotspotting #HousingMarket #InvestmentTips #AustralianRegions