Taylor Swift’s new era: The pop star officially becomes a billionaire
With a record-breaking tour, a blockbuster movie and a shrewd mind for business, the 33-year-old singer is now worth an estimated $1.1 billion.
Marisa Dellatto, Forbes Staff
Ranked: The world’s largest media companies in 2023
The Magic Kingdom has had a roller-coaster year in the middle of a political firestorm but posted strong enough results to remain in the top 100 of the Global 2000.
Bed Bath & Beyond files for bankruptcy with all stores set to shut down
The company has suffered financial issues since 2019.
Forbes’ Hollywood Walk of Fame: The richest celebrities of all time
Just 14 stars have ever entertained their way into the billionaire ranks, including 8 in the past three years.
UBS to buy Credit Suisse in US$3.2 billion rescue deal to end crisis
The government-brokered deal aims to prevent turmoil at Credit Suisse—worsened by two massive U.S. bank failures last week—from spiralling into a larger banking crisis.
Ryan Reynolds’ Mint Mobile acquired in eye-watering $2 billion deal
The actor will continue to serve as a spokesperson for the brand.
US regulators will protect all SVB deposits after sudden collapse
All of the failed bank’s depositors will be able to access their funds on Monday—even if their deposits aren’t covered by FDIC insurance.
Gwyneth Paltrow’s venture capital firm ‘aiming to raise US$75 million’
Paltrow co-founded Kinship Ventures in 2021.
Instagram and Facebook to roll out paid subscription service in Australia this week
The program will launch in Australia and New Zealand this week, months after Twitter’s new owner Elon Musk rolled out a similar program.
Hermès wins trademark NFT lawsuit in first-of-its kind trial
A jury ruled the NFTs were not art, and therefore not protected speech.