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Asides

Australia’s $30 billion solar farm, backed by Mike Cannon-Brookes, gets green light

Tech billionaire Mike Cannon-Brookes’ Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.

  • By Yessar Rosendar

Shein sues Temu over copyright infringement—claiming fast fashion rival sells counterfeits

Shein, the Chinese-owned fast-fashion giant, is suing rival Temu for copyright infringement, alleging the retailer “masquerades” as an online marketplace by copying products sold by Shein, which faces similar allegations from other brands and retailers.

  • By Ty Roush
  • Forbes Staff

Alex Cooper’s ‘Call Her Daddy’ – Spotify’s 2nd-biggest podcast – bought in $100 million deal

Cooper’s podcast has ranked as the second-biggest on Spotify since 2021, only behind “The Joe Rogan Experience.”

  • By Conor Murray
  • Forbes Staff

Netflix stock hits record high—First since 2021—after ads, password crackdown

Netflix’s recovery came as other media empires flailed, with shares of Disney, Paramount and Warner Bros. Discovery each more than 50% below their 2021 peaks.

  • By Derek Saul
  • Forbes Staff

Disney won’t block wrongful death lawsuit because widower joined Disney+

Jeffrey Piccolo is attempting to sue Disney after his wife died from her allergy at a theme park restaurant—despite repeated assurances her meal was safe, his lawsuit argues.

  • By Mary Whitfill Roeloffs

World No.1 Jannik Sinner tests positive for steroids—but probe finds it was unintentional

The Forbes 30 Under 30 alumnus became the first Italian to be named the world’s top-ranked tennis player earlier this year.

  • By Ty Roush
  • Forbes Staff

‘Unlocking critical capital’: Victoria’s seed boost targets $300m for startups

Eight new or new-to-Victoria venture capital firms have received $300,000 from LaunchVic. The goal is for the VCs to turn that $2.4 million into $300 million in funding for Victorian startups and founders.

  • By Shivaune Field
  • Business Journalist

JJ’s genes: Son of Lululemon founder ships first load of legal ecstasy to Australia

Suppliers of magic-mushroom-derived psilocybin and MDMA, aka ecstacy, are rushing to meet the market created by Australia having allowed their clinical use. Two founders speak to Forbes Australia.

  • By Mark Whittaker
  • Forbes Staff

Who is Mike Lynch? Tech entrepreneur and daughter Hannah Lynch missing after yacht sinks near Sicily

Lynch, a former Forbes billionaire, made his fortune as the CEO of Autonomy, a tech company acquired by HP in a sale that led to more than a decade of legal strife.

  • By Conor Murray
  • Forbes Staff

Meet the billionaire about to become the first private citizen to space-walk

Payment company Shift4’s founder and billionaire Jared Isaacman is headed off on the Polaris Dawn mission, which is scheduled to take place from August 26. And, he’ll be one of the first private citizen’s to take a walk in outer space.

  • By Anastasia Santoreneos
  • Journalist & List Editor
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