News

Retail legend and philanthropist, Marc Besen, died on Tuesday, aged 99.

Chief executive Bjorn Gulden said the scenario is “financially the worst case.”

Forbes’ 2023 list of 50 leaders, executives, thinkers and teams rethinking the world of work at a time when everything—from the job market’s future to AI’s impact to a college degree’s value—feels more uncertain than ever.

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.

With all eyes on generative AI (GenAI) this year, Australian executives are scrambling to makes sense of how the technology can create actual value in their organisations. All while assessing what’s still an unclear risk profile, as well as learning the basics of the underlying technology itself.

Nike claims New Balance and Skechers stole its Flyknit technology, a fiber used to make shoes lightweight and supportive while being sustainable.

The union rejected an offer that would permit film studios to use AI scans of deceased performers without consent.

WeWork joins the likes of Bed Bath & Beyond and SVB Financial as headlines of the busiest year for corporate bankruptcies since 2020.

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.

Bumble cofounder Whitney Wolfe Herd will step down as the dating app company’s chief executive, the firm announced Monday morning, as the former billionaire Wolfe Herd slides into a new role while Bumble’s growing pains as a public company continue.