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Meet the most powerful philanthropists in America: Warren Buffett’s kids

The three children of the Oracle of Omaha, already among the nation’s biggest givers, could end up giving away as much as $130 billion of their father’s fortune. Here’s what you need to know about their philanthropy so far.

  • By Lindsey Choo

Is this the next Canva? JigSpace lands $13m raise as Apple Vision Pro arrives in Australia

Melbourne-headquartered JigSpace is on a roll. It is being compared to Canva and completed its latest fundraising round in the same week Apple CEO Tim Cook called the company ‘incredible.’

  • By Shivaune Field
  • Business Journalist

Telstra hits mobile customers with higher prices, layoffs imminent

The telco that made $2 billion in profit last year is hiking mobile plan prices 4%. Meanwhile, the Telstra workforce is bracing for 2,800 layoffs this week.

  • By Shivaune Field
  • Business Journalist

CEO of Goldman Sachs-backed startup Slync sentenced to 20 years in prison

Chris Kirchner was arrested in 2023 following a Forbes investigation that revealed he overstated company financials and spent lavishly on personal expenses.

  • By David Jeans
  • Forbes Staff

Elon Musk’s net worth drops $11 billion after Tesla reportedly delays Robotaxi launch

The automaker added about $257 billion to its market cap over an 11-session rally.

  • By Ty Roush
  • Forbes Staff

Why inflation battered Argentinians are turning to crypto

A Forbes analysis found the country, with a 276% inflation rate, has the highest crypto adoption rate in the Western Hemisphere, but little use of the most trustworthy exchanges.

  • By Javier Paz

Amazon claims it achieved 100% renewable energy target in 2023—here’s what it means

Amazon claims that all electricity it consumed in 2023 was “matched” with 100% renewable energy. Experts criticise the report’s vagueness.

  • By Siladitya Ray
  • Forbes Staff

Microsoft quits OpenAI board as regulators crack down on big tech’s AI dealmaking

Microsoft has invested $13 billion in OpenAI, but said in a letter it felt confident over the ChatGPT maker’s future and no longer believed an observer seat on the startup’s board was necessary.

  • By Robert Hart
  • Forbes Staff

Start-up funding surges to $1.5bn in Q2 – but AI isn’t drawing investors

Quarterly funding has hit a six-quarter high thanks to a surge in mega-deals, but AI is not attracting as many investors at the hype would have you believe, Cut Through Ventures’ latest report shows.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Boeing will plead guilty to fraud charge – avoiding trial over 737 Max crashes

Boeing will pay a fine of $243.6 million and plead guilty to conspiring to defraud the U.S. government as part of a plea deal.

  • By Siladitya Ray
  • Forbes Staff
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