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Investing

Asides

Reddit files for IPO after years-long wait—And it’s reserving some shares for its most loyal users

The social media company has eyed an IPO for years, first reportedly filing confidentially back in December 2021.

  • By James Farrell

Nvidia shatters Wall Street expectations in historic quarter for AI titan

The poster child of stocks’ record run in recent months, Nvidia came into Wednesday’s earning report on a rare cold streak.

  • By Derek Saul
  • Forbes Staff

JPMorgan Chase Sued Over ‘Predatory’ Fees For Depositing Bounced Checks

A group of JPMorgan Chase customers is suing the bank for at least $5 million in damages after they claim they were charged for unintentionally depositing checks that bounced.

  • By Ty Roush
  • Forbes Staff

Elon Musk says Neuralink’s first brain chip patient can control computer mouse by thought

Neuralink, Musk’s brain interface company that hopes to merge humans with computers, began the first human trial of its technology in January with a view to restoring lost functions like movement and communication to people with paralysis.

  • By Robert Hart
  • Forbes Staff

Woolworths CEO Brad Banducci steps down days after interview walkout

Woolworths boss Brad Banducci will step down from his role in September, after eight-and-a-half years in the job.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Virgin Australia CEO Jayne Hrdlicka to step down

Jayne Hrdlicka will step down as the CEO of Virgin Australia, the airline has confirmed.

  • By Samuel Hussey
  • Head of News & Life

What is the future of bitcoin futures?

Spot bitcoin ETFs are finally here, attracting billions and challenging all pre-existing crypto-based ETFs. Does that spell the end for bitcoin futures funds? Not so fast. ProShares is doubling down.

  • By Javier Paz

Sam Altman’s Worldcoin soars after launch of OpenAI’s ‘Sora’ video tool

The price of Worldcoin’s crypto token has almost tripled in the last seven days as the project celebrates a new user milestone.

  • By Robert Hart
  • Forbes Staff

Billionaire Kerry Stokes’ Seven Group to take full control of Boral for $1.9 billion

Seven Group Holdings—controlled by billionaire Kerry Stokes—is offering to buy the rest of construction giant Boral for A$1.9 billion ($1.2 billion).

  • By Yessar Rosendar

WATCH: First look at OpenAI’s ‘Sora’ – An AI video model capable of realistic text-to-video prompts

The generative model will still need to clear rounds of safety testing before being open to the public.

  • By Antonio Pequeño IV
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