Business

Australian adults lost more than US$80,000 across 2022 compared to 2021, due in large part to stock market losses, the 2023 UBS Global Wealth Report has revealed.

There are more than 50,000 venture-backed startups in the U.S., and only the tiniest fraction will ever reach a $1 billion valuation. Here are the 25 we think most likely to succeed.

60% of businesses would experience a cyber attack if security was breached, a report by Accenture has found.

Users had to wait five seconds before accessing certain websites like the New York Times or Threads via links on Twitter, the Washington Post found.

Apple, Delta Airlines, Facebook and Juul are among the companies with pending class action lawsuits.

Australia’s richest person is a longtime financial backer of athletes and wants to see the 2026 Commonwealth Games return to the Gold Coast.

A new indictment Monday marked the latest chapter in Sam Bankman-Fried’s legal troubles following the collapse of FTX.

The Flying Kangaroo has unveiled a new livery, or customisation, on three Qantas Group aircraft showcasing its support of the Yes23 campaign.

Sydney will be the location for a new global engineering hub, TikTok disclosed to Forbes Australia. The new Australian AI-focused engineering team will work on TikTok products around the world and report the Los Angeles and Singapore headquarters of the company.

Australian-born buy now, pay later company Zip Co has announced a change of leadership structure, which will see Larry Diamond step aside as CEO.