Investing

There are more than 50,000 venture-backed startups in the U.S., and only the tiniest fraction will ever reach a $1 billion valuation. Here are the 25 we think most likely to succeed.

Apple, Delta Airlines, Facebook and Juul are among the companies with pending class action lawsuits.

Australia’s richest person is a longtime financial backer of athletes and wants to see the 2026 Commonwealth Games return to the Gold Coast.

A new indictment Monday marked the latest chapter in Sam Bankman-Fried’s legal troubles following the collapse of FTX.

The Flying Kangaroo has unveiled a new livery, or customisation, on three Qantas Group aircraft showcasing its support of the Yes23 campaign.

Sydney will be the location for a new global engineering hub, TikTok disclosed to Forbes Australia. The new Australian AI-focused engineering team will work on TikTok products around the world and report the Los Angeles and Singapore headquarters of the company.

Australian-born buy now, pay later company Zip Co has announced a change of leadership structure, which will see Larry Diamond step aside as CEO.

Transportation Secretary Pete Buttigieg said a probe into the self-driving system by regulators was “moving as quickly as we responsibly can.”

Forbes Asia’s Best Under a Billion list, which highlights 200 small and midsized publicly traded companies in the Asia-Pacific region with annual sales above US$10 million and below US$1 billion, has recognised 18 Australian businesses.

A day after office co-working start-up WeWork revealed there was “substantial doubt” about its ability to continue, its share price has dropped again. But how did it get here?