Aussie grocery startup collapses | Facebook, Cameo freeze hiring | France supermarket giant's "price shield"

Published: May 8, 2022, 7 p.m.

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One of Australia’s hottest on-demand grocery players Send has collapsed after burning serious cash to keep up with competitors.

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Tech companies like Facebook and Cameo are calling hiring freezes and layoffs as the tech industry starts to experiences a bit of a downturn.

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France’s largest supermarket chain is putting popular products under a “price shield” as inflation ramps up… and it looks like others across the EU might follow suit.

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