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The company has suffered financial issues since 2019.

Elon Musk’s SpaceX Starship—which plans to one day take passengers to the moon and Mars—attempted to launch into space Thursday but experienced “a rapid unscheduled disassembly,” exploding before the rocket could make it to space, just days after its first highly anticipated launch was scrapped due to a pressurization problem.

COVID changed the way we work forever. Employees are now demanding more than just a paycheque; they want to work somewhere that aligns with their beliefs and values. So exactly what makes a company great to work at?

Cortical Labs, an Australian startup developing a new type of artificial intelligence that combines lab-grown human brain cells with computer chips, has raised $10 million in a funding round led by Horizons Ventures, the private investment arm of Hong Kong’s richest person, Li Ka-shing.

“Taylor is Smart,” the world’s second-wealthiest man Elon Musk said about the singer’s due diligence.

Casino operator Star Entertainment will cancel all executive bonusses, freeze salaries and axe 500 jobs after “experiencing a significant and rapid deterioration in operating conditions” particularly at its Sydney and Gold Coast casinos.  

The company says it has delivered more than 5 billion DVDs since 1998.

The trial was expected to start Tuesday but court was delayed for hours as the two sides worked out a last-minute settlement.

Forbes Australia’s Editor-In-Chief Sarah O’Carroll takes a spin in a McLaren GT with Sam White, CEO of Stella Insurance, to discuss what it takes to grow a business in a male-dominated industry.

Musk lamented that it “remains to be seen” whether or not Twitter will be a financial success for him, in some of his harshest public comments concerning his $44 billion purchase—but he added “some things are priceless.”