Business

To receive the maximum compensation, Musk would be required to boost Tesla’s market cap from $1 trillion today to $8.5 trillion in the next 10 years.

Atlassian has struck a $937 million deal to acquire The Browser Company, the New York startup behind Arc and Dia, in a move that marks one of the biggest acquisitions in the company’s history.

Elon Musk is not on the guest list released by the White House.

Australian-founded Decacorn Airwallex has acquired San Francisco-based billing startup OpenPay to expand beyond payments into subscription management.

The ruling also boosted Apple’s shares, as Google will be allowed to continue paying the iPhone maker billions every year to remain the default search engine on its devices.

Nathan Xu’s Plaud has sold more than 1 million AI recording devices that transcribe and summarize the busy days of doctors, lawyers and business people.

Philipp Navratil, chief executive of Nestlé Nespresso, was named Freixe’s successor, effective immediately.

With new approval for its manned Mk4, Airspeeder has turned flying car racing into a regulated reality, making Australia the launchpad for a new era of aerial motorsport.

Atlassian, Canva, and CBA already have contracts with the Silicon Valley-headquartered tech disruptor. A new office opening in Sydney this year expands OpenAI’s reach in Australia.

Australia’s national carrier Qantas has seen statutory profits take off thanks to strong demand across all market segments.