Entrepreneurs

Weight loss giant, Jenny Craig, has appointed voluntary administrators for its Australian and NZ business.

With global economic pressures continuing to impact companies, 99% of Australian executives believe emerging technologies will help their companies remain resilient on the global stage. But how quickly and efficiently the act now will determine their success or failure in the future.

COVID changed the way we work forever. Employees are now demanding more than just a paycheque; they want to work somewhere that aligns with their beliefs and values. So exactly what makes a company great to work at?

Cortical Labs, an Australian startup developing a new type of artificial intelligence that combines lab-grown human brain cells with computer chips, has raised $10 million in a funding round led by Horizons Ventures, the private investment arm of Hong Kong’s richest person, Li Ka-shing.

Want to make the Forbes list? Try these 10 industries.

Alexandr Wang briefly became the world’s youngest self-made billionaire at 24 by supplying artificial intelligence companies with the one thing they all need: humans. Hundreds of thousands of them. Now his $7.3 billion startup Scale AI is primed to cash in on the biggest AI boom yet—unless someone else can do it better or cheaper. […]

Many of the planet’s billionaires are poorer this year. Some lost their tenth digit entirely. It was another bad year for billionaires, with the war in Ukraine raging, inflation surging and the crypto bubble bursting. Nearly half the planet’s 2,640 billionaires are poorer than they were in 2022—but some fared even worse: 254 people dropped […]

Virgin Orbit, which laid off most of its staff last week, struggled to secure funding after a failed satellite launch from the U.K. in January.

In the first three months of 2023, Australian startups reported $661 million of capital raised across 82 deals. That was less than 50% of reported capital raised in Q1 of 2021 and 20% of Q1 in 2022, according to Cut Through Ventures’ quarterly report.

Jeroen Temmerman joined hair juggernauts ghd in April 2018, having spent more than 20 years with L’Oreal. He sits down with Forbes Australia to share why this move was the best investment in his career – and what he hopes his legacy will be.