The Candy Crush guys are secretly building a new startup
After selling Candy Crush developer for $5.9 billion, one cofounder Sebastian Knutsson has a new gaming startup.
After selling Candy Crush developer for $5.9 billion, one cofounder Sebastian Knutsson has a new gaming startup.
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.
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.
Chris Kirchner was arrested in 2023 following a Forbes investigation that revealed he overstated company financials and spent lavishly on personal expenses.
The automaker added about $257 billion to its market cap over an 11-session rally.
Australia’s average wealth-per-adult increased by nearly 10% to $388,000 in 2023, more than twice the growth-rate of USB’s sample of 56 countries, according to the latest UBS Global Wealth Report.
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.
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.
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.
The AI boom undoubtedly resembles the dot-com bubble but with a difference. Back then, most startups carried the risks, while now, giant AI pioneers are unlikely to go broke. Rather, investors will suffer.