Business

CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found.

A total of $703 million flowed into startups across 66 deals in the first quarter of 2024, Cut Through Venture data shows, with all-female founding teams hitting an all-time high in funding share. Startup funding in Q1 marginally outpaced this same period last year, but lagged significantly on the lively end to 2023, the data […]

Green packaging company BioPak, which calls companies like McDonald’s, Woolworths and Qantas clients, has acquired Australian-based reusable cup company, Huskee.

20 speakers graced the stage at this year’s Forbes Australia Women’s Summit, sharing stories of failure, success, innovation, and adversity. For those of you who weren’t able to attend, we’ve rounded up some of our favourite quotes and key takeaways shared by the panellists at the summit.

The world’s largest memory chip maker by sales reported an operating profit of 6.6 trillion won ($4.9 billion).

In an era marked by the growing influence of artificial intelligence in the workplace, a provocative assertion from Sam Altman, CEO of Open.AI, really captivates the imagination: can a billion-dollar enterprise be operated by one person using Generative AI?

Billionaire Tesla CEO Elon Musk announced Friday afternoon in a post on X that Tesla will unveil its highly anticipated robotaxi later this summer—delivering an after-hours boost to the company’s beleaguered stock.

Apple laid off more than 600 workers in California, the company disclosed in a set of filings with the state’s Employment Development Department published on Thursday, weeks after reports of the company cancelling its self-driving car project and in-house efforts to build Apple Watch displays.

The price hikes will help cover the cost of audiobooks, a new service offered by the company, Bloomberg reported.

From a 19-year-old college student to Asia’s richest person, it pays wells to be born rich.