EY cancels its break up | Twitter "no longer exists" | The ACCC wants new merger laws

EY has scrapped its plans to split up its audit and consulting business arms after it couldn’t get the US partners on board. Twitter apparently “no longer exists” after Elon Musk merged Twitter with a shell company called XCorp - and this marks the first step in his super app ambitions. The ACCC wants to see the current merger laws changed to prevent companies from dominating individual markets. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.