US tariffs on Australian and Chinese exports can lead to higher prices, economic uncertainty, and a decrease in demand for Australian-made goods and services. Here’s how it could play out.
Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.
Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is facing the risk of running out of cash as the embattled casino operator struggled to raise fresh capital amid slumping gaming revenues.
President-elect Donald Trump has suggested he would delay the ban following his return to the White House.
Meanwhile, Snap is poised to capitalize, while other popular Chinese apps like RedNote may be newly scrutinized.
Synthesia helps companies like DuPont, Xerox and Spirit Airlines turn dry training manuals into videos with its AI avatars. It’s now valued at $2.1 billion after a new raise.
Ho Bee Land—controlled by Singaporean billionaire Chua Thian Poh—has offered to buy AVJennings in a deal valuing the Australian home builder at A$391 million ($242 million), sparking a bidding war with American real estate giant Proprium Capital Partners.
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
The billionaire technologist has quietly founded a startup that aims to “bring people closer, simplify communication, and enhance engagement” through artificial intelligence.
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s relationship with Trump, says Wedbush analyst Dan Ives.