Xero's sticky profit | Burberry cuts 1,700 jobs | HBO is back... again

What the Flux

Xero’s full-year profit has jumped 30% as it grows its user base…but uses a simple method to grow revenue - jack up its pricing.

Burberry, one of the world’s biggest luxury brands, is planning to cut one fifth of its global workforce after a £75 million loss.

Warner Bros Discovery is backtracking on ‘Max’ branding for its streaming service…with HBO back in the spotlight.

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