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Investing

Asides

Young Indonesian entrepreneur parlays digital tool for fish breeders into a rare unicorn

Gibran Huzaifah bred fish to pay his university fees, then built eFishery into a company involving 300,000 fishponds. He’s expanding to India and elsewhere.

  • By Ardian Wibisono

‘You just get your things and you go’: Israel founders mobilised for service

For bigger tech companies, Israel’s mass mobilization has proven a manageable hiccup in business as usual. For smaller ones, it can pose an existential challenge.

  • By Alex Konrad
  • Forbes Staff

Microsoft finally buys Activision for $69 billion after regulatory approval

The deal concludes over a year of negotiations between Microsoft and regulators in the U.S. and U.K.

  • By Ty Roush
  • Forbes Staff

Atlassian bets on big hybrid work with $1.5 billion Loom purchase

Atlassian—the team collaboration software company cofounded by Mike Cannon-Brookes—said Thursday it has agreed to buy video messaging platform Loom for $975 million, betting more work will be done remotely in the future.

  • By Jonathan Burgos
  • Forbes Staff

Netflix to launch retail stores in 2025

The streaming giant wants to open Netflix House, a physical store where visitors can eat, shop and play.

  • By Anastasia Santoreneos
  • Forbes Staff
Robbie Ferguson and James Ferguson Immutable cofounders

‘Pivotal moment’: Immutable joins forces with AWS to drive blockchain gaming

Aussie gaming web3 startup Immutable, last valued at $2.5 billion, has joined Amazon Web Services to accelerate the onboarding of game studios to web3, it says.

  • By Anastasia Santoreneos
  • Forbes Staff

Birkenstock shares tank 13% from IPO price in rare debut unlacing

The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.

  • By Derek Saul
  • Forbes Staff

LVMH shares drop on slower growth, wiping $6 billion from Bernard Arnault’s fortune

LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.

  • By Siladitya Ray
  • Forbes Staff

$100+ million in the bank: Where the richest live

There are currently only 28,420 centi-millionaires (those who hold US$100 million and above in investable assets) in the world. A new report reveals where the majority live.

  • By Anastasia Santoreneos
  • Forbes Staff

Qantas chair Richard Goyder to retire in 2024 amid major board reshuffle

Richard Goyder will step down prior to the Annual General Meeting in late 2024, Qantas has revealed.

  • By Anastasia Santoreneos
  • Forbes Staff
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