News

Mexican fast-food restaurant Guzman y Gomez has floated on the ASX, and is trading at a share price of $30 (at the time of writing) – up 36% on company expectations.

A tech advisory firm study estimates that AI will create $280 billion in economic benefit by 2030. Google is tapping into the demand with a new AI-first accelerator for Australian entrepreneurs.

The Hinduja family, worth an estimated $20 billion, is accused of exploiting domestic staff and paying as little as $8 per day for servants.

Thrill-seeking Larry Connor has notched astronomical real estate returns while flying a fighter jet, traveling into space and plunging to the depths of the ocean.

The buzzy chip firm’s CEO Jensen Huang isn’t the only one scoring big, thanks to Nvidia’s soaring shares.

The startup, last valued at about $560 million, has launched its fifth offering, targeted at men’s health.

Binance’s founder, known to crypto followers as CZ, is spending the summer in Santa Barbara’s Lompoc minimum security prison. As crypto markets climb, Forbes reveals the secretive source of his ballooning billions.

Analysts expect Microsoft and Nvidia to become more profitable than Apple before the end of the 2020s.

Meta confirmed that images and captions posted by Australian users are being used to train Meta AI. European users of Meta platforms can opt-out, in accordance with data regulations placed on tech companies. No such regulation exists in Australia – so nothing is preventing Meta AI from procuring your public posts.

Shareholders also voted to approve the electric vehicle maker’s redomestication from Delaware to Texas.