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Qantas ordered to pay $170,000 to sacked workers, $100 million more to come

The national carrier will compensate three staff as a test case, with full compensation to be determined in November.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Netflix earnings: Stock climbs as streaming giant beats expectations—But subscriber growth slows

The streaming giant’s third-quarter earnings report was released Thursday.

  • By Lindsey Choo
Andrew Wilks

Professor got nothing from the $2.8b sale of his molecule, and that’s okay

Discovering a cancer-busting molecule opened the door for PM’s prize-winning scientist Andrew Wilks’ next career as an entrepreneur and venture capitalist making killer returns.

  • By Mark Whittaker
  • Forbes Staff

Female founders forced to wear ‘concrete boots,’ funding still ‘appallingly low’

Funding for female founders rose from 11% of deals in Q2 to 13% in Q3. But its still down significantly from 2023. Techstars managing director Kirstin Hunter and Flying Fox Ventures’ Rachael Neumann say companies founded by women are not getting the resources they need to be successful.

  • By Shivaune Field
  • Business Journalist

Australian start-up funding slumps to $695 million across Q3

Deal numbers might be high but the absence of those over $100 million has seen start-up funding tank to Q1 levels after a six-quarter high (in Q2).

  • By Anastasia Santoreneos
  • Journalist & List Editor

Nvidia eclipses Microsoft as world’s second-largest company

Nvidia shares’ outlook still looks “pretty darn good” after its valuation increased tenfold over the last two years, remarked one analyst.

  • By Derek Saul
  • Forbes Staff

‘Game-changer’: Consumer insights start-up Ideally banks $5.5 million

Ideally, which launched in 2023 to transform marketing and campaign management with real-time consumer insights, has raised $5.5 million to fuel its US expansion.

  • By Anastasia Santoreneos
  • Journalist & List Editor
Virgin. Image: Getty

Qatar Airways to buy 25% stake in Virgin Australia

Qatar Airways has agreed to acquire a 25% stake in Virgin Australia, positioning the Australian airline to re-enter long-haul international routes. The deal awaits regulatory approval from the Foreign Investment Review Board.

  • By Samuel Hussey
  • Head of News & Life

Billionaire Peter Thiel sold $600 million of Palantir stock this week

As data mining firm Palantir’s shares continue to climb, Thiel is cashing out. He’s not the only Palantir insider doing so.

  • By Phoebe Liu

Why Bitcoin’s biggest banker is making a risky move

Coinbase’s Brian Armstrong created one of crypto’s central players, a fee-gushing monster that holds more than a tenth of all the Bitcoin ever minted. But now, in the cause of “decentralization,” he’s pursuing a new path.

  • By Javier Paz
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