Anastasia Santoreneos

Wealthy investment guru Charlie Munger, renowned for amassing vast wealth before joining forces with Warren Buffett at Berkshire Hathaway, passed away at the age of 99.

Space Machines Company launched in 2019 with a mission to clean up space junk and service the some-7,000 satellites orbiting in the sky. After two-and-a-half-years in design-mode, its orbital servicing vehicle, Optimus, is ready for take-off, on SpaceX’s Falcon 9 launch in March 2024.

As news of OpenAI CEO Sam Altman’s ousting – and subsequent hiring at Microsoft – spreads, Forbes Australia sat down with Salesforce SVP of AI and Machine Learning, Jayesh Govindarajan, to find out what this means for the broader industry.

The 34-year-old engineer and chief technology officer of OpenAI has been thrust into the role of CEO after previous boss Sam Altman was ousted from his role.

Iconic Australian self-tan brand Bondi Sands sold to Japanese chemical and cosmetics giant Kao Corporation in August this year, in a deal worth $450 million. Now, co-founder Blair James is on to his next venture, with serial entrepreneur Hamish Buckley. They say they’re staring down a $230 billion opportunity.

Virgin Australia could face strike action over job insecurity, unsafe conditions and ‘poverty pay’ as the airline’s approach to bargaining ‘frustrates’ staff, the Transport Workers Union says.

Adam Neumann’s net worth was last valued at US$2.2 billion by Forbes, as the company he co-founded, WeWork, files for Chapter 11 bankruptcy in New Jersey. Co-working start-up WeWork was founded in 2010, and revolutionised the concept of office-space for freelance, remote and self-employed workers. The business, which was once valued at US$47 billion, last […]

As revenue in the fashion market grows, new research into social media data and Google search results has revealed Nike to be the world’s most valuable brand.

TikTok will discontinue its US$1 billion (AU$1.6 billion) Creator Fund, which launched in 2020 in a bid to incentivise creators onto the platform, from the 16th of December.

Microsoft-and-Google-backed artificial intelligence firm, OpenAI, held its first-ever DevDay on Monday November 6th, unveiling a slew of new developer products. One of those will allow users to create their own ‘GPTs’. In a blog post, OpenAI revealed it would roll out custom versions of its flagship generative AI products, ChatGPT, called GPTs. These GPTs could […]