Investing

Ron Baron, who reportedly owns a $1.7 billion stake in SpaceX, also expects the company to be worth $250 billion to $300 billion by that time.

Adam Neumann’s net worth was last valued at US$2.2 billion by Forbes, as the company he co-founded, WeWork, files for Chapter 11 bankruptcy in New Jersey. Co-working start-up WeWork was founded in 2010, and revolutionised the concept of office-space for freelance, remote and self-employed workers. The business, which was once valued at US$47 billion, last […]

The EU’s case against Apple argued that the company had received a special deal from the Irish government that lowered its tax liability of 0.005% and gave it an unfair advantage.

The seed round was led by Blacknova VC, Salus Ventures and CoVentures. Phantm works Starbucks Australia and MECCA to replace plastic with sustainable alternatives.

Chief executive Bjorn Gulden said the scenario is “financially the worst case.”

Nike claims New Balance and Skechers stole its Flyknit technology, a fiber used to make shoes lightweight and supportive while being sustainable.

TikTok will discontinue its US$1 billion (AU$1.6 billion) Creator Fund, which launched in 2020 in a bid to incentivise creators onto the platform, from the 16th of December.

Shares for the office-sharing company have fallen nearly 99% this year.

Get ready for a Melbourne Cup-day rate rise was the consensus opinion from an economics panel at the Forbes Business summit in Sydney. 

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.