Business

Country Archer’s Eugene Kang grew up stocking shelves at his parents’ gas station convenience stores. Now he’s producing one of the fastest-growing better-for-you snack foods in America.

Startmate has invested in 230+ startups worth $3.5 billion since its inception in 2011. Here are the 10 companies to graduate from the 2024 cohort, now pushing forward into the Australian entrepreneurship eco-system.

The announcement came alongside the company’s earnings report, with its nearly$6 billion in first quarter revenue beating expectations.

After jostling for the position of second-wealthiest person in the world more than a dozen times in March, Musk and Bezos are competing closely once again.

The company said it moved forward with layoffs because it “simply had no other way to bring its spending in line with revenue.”

Elon Musk internally announced that about 500 people, or the entire team that works on superchargers for Tesla, were being let go this week, according to The Financial Times.

An indictment naming Roger Ver—“Bitcoin Jesus”—has been unsealed in federal court. Ver has been charged with mail fraud, tax evasion & filing false tax returns.

Qantas says it’s working to resolve an issue impacting its app, after reports surfaced of a potential privacy breach.

Australian fintech company Airwallex is launching a program for local startups to boost their growth, with grants and perks on offer.

Just ten cities are home to nearly a quarter of the world’s billionaires. Here’s where they choose to live.