Adams joins Canva co-founders Melanie Perkins and Cliff Obrecht in giving the majority of his fortune to charity as part of his promise. Key Takeaways Key background The Giving Pledge, signed by Canva co-founder Adams, is a promise by the world’s wealthiest philanthropists to give the majority of their wealth to charitable causes in their […]
Launched in 2017, the restaurant technology platform backed by celebrity chef Marco Pierre White has completed a hefty Series A raise as it eyes a UK expansion. Key Takeaways Big number $18.2 million – that’s how much cash EatClub raised in its Series A. The round was led by Co:Act Capital, a Melbourne-based venture capital […]
The renowned Australian wine critic is set to sell the last 100 lots of his personal collection, located in the Yarra Valley’s Coldstream Hills, as he relocates to Sydney. James Halliday is set to auction off the last of his private wine collection as the renowned critic and author relocates to Sydney. It’s the second […]
Pinterest says a suite of new lower-funnel products like its AI tool Performance+ make it a top contender to take digital ad revenue away from Google and Meta. Its latest earnings report, which revealed global revenue hit US$855 million, backs up the claim. Known for its aspirational (and inspirational) content, visual discovery app Pinterest has […]
The philanthropic power of some of Australia’s most prominent figures in business and beyond was on display over the weekend, with the Silver Party banking $3.7 million in funds for the Sydney Children’s Hospitals Foundation. Key Takeaways Big number $3.7 million. That’s how much money was raised for the Sydney Children’s Hospitals Foundation. Since the […]
The funding comes as deal count for AI agent startups is up more than 81% over the last year, with more than US$8 billion invested in the space. Key facts Key background Relevance AI was launched in 2020 by Jacky Koh, Daniel Vassilev and Daniel Palmer as a platform to help businesses build AI workforces of […]
US President Donald Trump has described Prime Minister Anthony Albanese as a friend and praised his election win, while also admitting he had “no idea” who ran against him.
The Australian author and food blogger behind RecipeTin Eats, Nagi Maehashi, has made copyright infringement allegations against Penguin Random House claiming there are plagiarised recipes in Brooke Bellamy’s best-selling book, Bake with Brooki.
After a year of high-profile restaurant closures, the hospitality industry may need a saviour. Ex-chef and restaurant owner Assaf Stizki and machine learning specialist Ken Brand believe their new restaurant intelligence platform, Restoke.ai, fits the bill – and they’ve just banked $5 million to take it international. This story featured in Issue 14 of Forbes […]