Investing

CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found.

A total of $703 million flowed into startups across 66 deals in the first quarter of 2024, Cut Through Venture data shows, with all-female founding teams hitting an all-time high in funding share. Startup funding in Q1 marginally outpaced this same period last year, but lagged significantly on the lively end to 2023, the data […]

Green packaging company BioPak, which calls companies like McDonald’s, Woolworths and Qantas clients, has acquired Australian-based reusable cup company, Huskee.

The world’s largest memory chip maker by sales reported an operating profit of 6.6 trillion won ($4.9 billion).

The price hikes will help cover the cost of audiobooks, a new service offered by the company, Bloomberg reported.

From a 19-year-old college student to Asia’s richest person, it pays wells to be born rich.

Reddit’s long-run vision of growing advertising revenues and profitability “are promises we’ve heard too many times,” according to Bernstein analysts.

Six months after its launch, TikTok Shop has sold more than $1 billion worth of products — some of questionable quality, including counterfeits.

Bankruptcy, scandal and stock crashes helped knock Bolt’s Ryan Breslow, Evergrande’s Hui Ka Yan and scores of others out of the three-comma club over the past year.

Here are the wealthiest people on Forbes’ annual rich list.