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Meet 6 Aussie biotech startups vying to be the next CSL

Australia’s first bioincubator, Jumar, opened its doors 10 months ago. Here are six standout startups that went through its inaugural program.

  • By Shivaune Field
  • Business Journalist

Chevron will lay off up to 20% of employees—impacting up to 9,100

“Changes to the organizational structure will improve standardization, centralization, efficiency and results,” explained Chevron Vice Chairman Mark Nelson in a statement.

  • By Derek Saul
  • Forbes Staff

Kanye West sued by Ex-Yeezy staffer for comparing himself to Hitler, calling himself a nazi

The lawsuit follows another storm of controversy over antisemitic remarks made by rapper Kanye West.

  • By Conor Murray
  • Forbes Staff

Meta in talks to buy Korean AI chip startup founded by Samsung engineer

Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.

  • By John Kang

Index lands $3.5m seed round from Blackbird and Bain

Just two months after coming out of stealth mode, the Sydney-headquartered company is valued at $30 million. Alumni from Atlassian and Canva founded Index in 2023 and are the first Sydney entrepreneurs to go through the US Y Combinator program.

  • By Shivaune Field
  • Business Journalist

GameStop shares soar 9% after CEO Ryan Cohen posts photo with Michael Saylor amid Bitcoin speculation

GameStop shares surged over 9% after the company’s CEO posted a photo of him alongside MicroStrategy co-founder Michael Saylor.

  • By Antonio Pequeño IV

Sam Altman-Elon Musk feud timeline: OpenAI boss mocks $97 billion offer

The dispute between arguably the two biggest names in generative artificial intelligence—billionaires Sam Altman and Elon Musk—received a new wrinkle Monday as Musk made a nearly $100 billion offer to buy the non-profit entity controlling Altman’s OpenAI, according to The Wall Street Journal.

  • By Derek Saul
  • Forbes Staff

Sam Altman rejects Elon Musk’s offer to buy OpenAI control—And mocks X

Elon Musk co-founded OpenAI with Sam Altman and a group of others in the tech realm in 2015, but left in 2018.

  • By Molly Bohannon

Billionaire Bruce Mathieson-backed Star in talks to sell Brisbane Casino to Hong Kong partners

Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is in talks to sell its resort complex in Brisbane to its Hong Kong partners as the cash-strapped casino operator seeks to raise fresh capital to shore up its finances.

  • By Yessar Rosendar

Trump tariffs live updates: President says he’ll impose 25% tariff on steel and aluminium imports

Economists have broadly predicted Trump’s tariffs will raise prices and harm the economy.

  • By Alison Durkee
  • Forbes Staff
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