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Nvidia becomes first company worth $5 trillion

The company, worth $10 billion a decade ago, has reached record milestones driven by growing AI demand.

  • By Ty Roush
  • Forbes Staff
Wisetech founder Richard White. Image: Supplied

WiseTech offices raided by AFP and ASIC 

Shares of the Australian tech giant plunged on Tuesday after federal authorities searched its Sydney office over share trading allegations against founder Richard White and three other employees.

  • By Samuel Hussey
  • Head of News & Life

$MELANIA under fire: First Lady’s memecoin was part of fraudulent scheme, lawsuit alleges

The litigation does not accuse the first lady of any wrongdoing, arguing she was deceived and “would not have agreed to any use of her name had they known the truth.”

  • By Alison Durkee
  • Forbes Staff

Why so few women get funded in Australia: the founder experience is broken

Opinion: Two per cent of global funding goes to women-only teams. Brittany Fox is an outlier, having raised a $1.2m seed round for her startup Neevam last month. Here’s why she still believes the fundraising journey is broken.

  • By Brittany Fox

Apple tops Microsoft as world’s second-most valuable company after stock rally

The surge in shares was fueled by the iPhone 17 outselling the iPhone 16 in China and the U.S., according to a report from Counterpoint Research.

  • By Antonio Pequeño IV

If venture capital is about innovation, why does it always look the same?

Cut Through Venture’s latest quarterly report shows 100% of Series B+ funding went to man-only startup teams, confirming what women founders already know: Australia’s venture ecosystem rewards sameness. But it doesn’t have to be this way.

  • By Kirstin Hunter - Contributor

Luxury stocks—Hermès, Prada, more—boom as LVMH earnings fuel rally

The luxury bellwether reported sales growth for the first time this year.

  • By Ty Roush
  • Forbes Staff

Australian start-up funding rebounds to over $1 billion across Q3

Despite a continued drought of mega-deals, Australia’s venture funding climbed back to the billion-dollar mark in Q3, driven by a surge in accelerator activity and heightened investor appetite for deep-tech and AI-focused companies.

  • By James McCreery

AMD shares surge 30% after multibillion-dollar deal with OpenAI

OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.

  • By Siladitya Ray
  • Forbes Staff
Daniel Ek is stepping down as CEO of Spotify, the streaming company he cofounded in 2006, and moving to executive chairman. In his place, Spotify’s current presidents Alex Norström and Gustav Söderström will be elevated to co-CEOs. The transition will take place on January 1, 2026.

Why Spotify CEO Daniel Ek is stepping down after nearly two decades

Daniel Ek, the billionaire founder of the $150 music streamer, is exiting Spotify’s top role as he is increasingly backing moonshot tech companies

  • By Steven Bertoni
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