TikTok’s international revenues boom to $9.1 billion despite looming fines
TikTok made $9.1 billion and its first profit in Europe and Latin America but faces a wave of lawsuits and investigations from European regulators.
Investing
NSW pushes Goodman to back fresh power for $5.5 billion AI factory
Goodman Group’s 500MW Project Atlas campus will be one of Australia’s biggest data centres. The Department of Climate Change, Energy, the Environment and Water is pressing it to explain where it’ll get its power from. Key Takeaways The NSW Government is pushing property giant Goodman Group to support new renewable energy projects to power its […]
Me&u takes on American Express and DoorDash as it eyes first profitable year
Me&u Reservations is a SaaS platform for hospitality venues that will compete with American Express-owned Resy and DoorDash’s SevenRooms – and which the startup hopes will be its second act.
Nvidia stock loses $130 billion in market value as firm reportedly enters $500 billion AI financing deal
The chip designer’s stock briefly fell more than 3% following a report it was partnering with Wall Street giants like BlackRock on the deal.
RBA Rate Decision Tracker (August, 2026)
From aggressive hikes to the first cuts of the cycle, the Reserve Bank’s policy moves have reshaped mortgages, business borrowing and the economy. Below, we break down every rate decision since 2023.
The ‘SaaSpocalypse’ is reshaping venture capital. Australia should take notice
Opinion: AI is tearing up the old SaaS rule book and pushing venture capital towards a barbell of mega-bets and tiny cheques. Australia needs to pay close attention, argues Daniel Petre Venture capital, lazily defined, is capital invested into high-risk and hopefully high-return companies that disrupt tired market sectors with genuinely new products. That’s been […]
‘Nary a blip’: Mike Cannon-Brookes says Atlassian is taming AI costs
As Canva struggles with rising AI bills, Atlassian told investors that Rovo AI usage will impact margins for FY27. But CEO Mike Cannon-Brookes maintains AI is the “best thing” to happen to Atlassian.
Atlassian defies ‘SaaSpocalypse’ fears, jumps 35% after strong earnings
Mike Cannon-Brookes handed down what could be a landmark earnings report for Atlassian, with the company swinging from a US$24 million loss a year ago to US$139 million of profit. Key Takeaways Key background It has been a tough year for Atlassian investors – before these earnings, its stock was down 40 per cent over […]
Best Under A Billion 2026: Australia
Nine Australian companies have featured in Forbes Asia’s Best Under A Billion 2026, an annual list recognising outstanding small and mid-sized public companies across the Asia-Pacific region. Now in its 25th year, Forbes Asia’s Best Under A Billion recognises companies with a track record of long-term sustainable performance across a variety of metrics. Selected from a pool of more […]
Palantir CEO Alex Karp surges 67 places in Forbes Billionaire ranks as stock skyrockets 30%
The AI revolution “makes us very optimistic about the future,” billionaire co-founder Alex Karp said.