Investing

Inside Pharrell Williams’ $1 Billion Plan For Black Entrepreneurs

Tech behemoth Microsoft unveiled two new chips designed for artificial intelligence.

Iconic Australian self-tan brand Bondi Sands sold to Japanese chemical and cosmetics giant Kao Corporation in August this year, in a deal worth $450 million. Now, co-founder Blair James is on to his next venture, with serial entrepreneur Hamish Buckley. They say they’re staring down a $230 billion opportunity.

I flew from New York to Miami recently, invited to spend a day inside a VC office. This brief trip with Fuel Venture Capital was a masterclass in the relentless spirit that drives the top businesses to succeed.

According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.

Pfizer shares tumbled again Monday, continuing the pharmaceutical giant’s struggles tied to declining demand for its Covid-19 products and essentially wiping out the entirety of the firm’s peak pandemic gains.

Sam Bankman-Fried is an albatross around the neck of blockchain entrepreneurs – and that’s a problem.

Ron Baron, who reportedly owns a $1.7 billion stake in SpaceX, also expects the company to be worth $250 billion to $300 billion by that time.

In the battle royale of video game development, the gaming giant behind Fortnite is betting that crowdsourcing will lead to its next blockbuster title. And in just six months, the new program has turned a handful of amateur developers into millionaires.

Its a David versus Goliath battle for the beers. Independent Sydney brewery Philter says the $2 billion Aussie craft beer sector is under assault.