Business

Tesla stock fell after a poor earnings report and ominous statements from CEO Elon Musk.

Tech unicorn Employment Hero has announced a $263 million Series F round to fuel its rapid global expansion, the company revealed on October 19.

Australia’s tech industry has been shocked by the scale of repeated local layoffs this year. 

Forbes Australia picks out the three Aussie entrepreneurs who are making waves in the startup space right now.

While markets initially had a knee-jerk reaction to the Israel-Hamas war, with higher oil prices and lower bond yields, they’ve since calmed down, with the S&P 500 closing 1.5% higher on October 17.

Netflix reported nine million net subscriber additions exceeded analyst estimates.

Outrageous Saudi contracts and a major MLS signing realigned the soccer universe this year. But a roster of marquee names—including Ronaldo, Messi and Neymar—remain on top of the financial table.

New import bans have sent retailers scrambling to prove their supply chains are free from cotton originating from places like China’s Xinjiang region — or else risk millions in seized merchandise. 

Australia’s preeminent tech executive sat down with Forbes Australia on the first day of SXSW Sydney, and didn’t hold back on the nation’s opportunity to lead in key sectors globally. Robyn Denholm is the Chair of the Tesla Motors board as well as the Australian Tech Council, and a partner in Australia’s leading VC firm Blackbird Ventures.

Prosecutors accuse the former president of intentionally inflating the value of assets to boost his net worth.