Quarterly funding has hit a six-quarter high thanks to a surge in mega-deals, but AI is not attracting as many investors at the hype would have you believe, Cut Through Ventures’ latest report shows.
Embattled retailer Neiman Marcus has been saved by the parent company of luxury rival Saks Fifth Avenue, with a surprise investment from Amazon.
The 20-year-old online book retailer, which went public on the ASX in 2020, is on the brink of collapse.
Executive, serial board member and equality advocate Samantha Mostyn has been sworn in as the country’s governor-general.
Emma Lewisham launched her namesake beauty brand in 2019 with a view to create luxury natural products. Five years on, she’s successfully penetrated the Australian and New Zealand markets – and sales are surging overseas.
The enviro-tech innovator’s patented enzymatic recycling technology allows industries to create an infinite life for plastics.
Mexican fast-food restaurant Guzman y Gomez has floated on the ASX, and is trading at a share price of $30 (at the time of writing) – up 36% on company expectations.
The startup, last valued at about $560 million, has launched its fifth offering, targeted at men’s health.
The airline said it would also provide full refunds to all passengers on the flight, regardless of injuries sustained.
Zoom founder and chief Eric Yuan says a digital twin could read emails, join meetings and eventually, fully automate most work communications.