Twitter Aus' $2m loss | Apple, Block turns phones into payment terminals | ACCC stares down airports, airlines

Published: June 6, 2022, 7 p.m.

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Twitter Australia reported losses of $2 million in 2021 thanks to rising sales and marketing expenses (and it led to a pretty low tax bill).

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Apple has partnered with payments rival Block on its ’s Tap To Pay feature, which turns iPhones into payment terminals, and will let Apple’s payment terminal become available to Square sellers.

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The ACCC has warned airports and airlines to play nice with commercial negotiations, and is planning to keep a close eye on airport profit margins.

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