News

Qantas Group has posted its first full-year statutory profit after tax since FY19, and claims it plans to share benefits with employees and shareholders.

The company attributed a dip in comparable sales to “consumer softness.”

United H2 Limited (UHL) launched in 2019 and has since formed the world’s largest hydrogen conglomerate. Now, it’s planning a dual listing, and expects to achieve a valuation of $1 billion.

Musk reportedly wants to change how news links currently appear on Twitter by removing the headline and only displaying the article’s lead image.

Led by the “godfather of AI,” Nvidia is expected to report a quadrupling of EBITDA this quarter.

Hermeus’ audacious plan to build a passenger plane able to travel at Mach 5 is a longshot, but it’s won Pentagon backing.

Forbes Australia presents the latest in the world of Venture Capital every day. For the latest news on funds, innovation and the businesses attracting the money, visit us here.

Bart Stephens, cofounder and managing partner of crypto fund Blockchain Capital who was an early and prominent evangelist for cryptocurrencies, has filed a lawsuit against an anonymous hacker who stole $6.3 million of bitcoin, ether and other cryptocurrencies from his digital wallets.

Meta is preparing to launch a web version of it text-based social media app Threads sometime this week, the Wall Street Journal reported, the latest in a series of features added to the platform as it attempts to gain parity with X, formerly known as Twitter, and reverse a steep slump in engagement after a record-breaking launch last month.

The hardware provider behind the FIFA Women’s World Cup, a US-founded hotel chain with 14 local outposts, and a homegrown Aussie tech unicorn have all made the list.