Amazon spending $20 billion to build AI-powered data centres in Australia
Amazon will invest $13 billion in the five years through 2029 to build data centers in Australia, the biggest ever investment by a global tech company in the country.
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Forbes in Focus: The psychology of trading, with CMC’s Carlo Pruscino
In this episode of Forbes in Focus, CMC’s senior sales trader Carlo Pruscino shares insights from the whitepaper on understanding investor psychology, including the power of emotional mastery, how to embrace volatility, and avoiding common biases.
The one luxury these billionaires say they can’t live without
A Forbes survey reveals the number one must-have item of the super-rich. For some it was their prestige car. For others, their wife. But this was the favorite.
‘No space for Bezos’: Venice locals protest billionaire Jeff Bezos as Italian wedding looms
A group protesting Bezos’ upcoming Italian wedding, “No Space for Bezos,” held a protest in a Venetian town square on Friday.
Which Australian companies made the Global 2000 this year?
The Global 2000 measures more than just market value – which is why asset-heavy players like Viva Energy trump higher-valued tech firms like WiseTech and REA.
Inside the Global 2000: Trump’s tariffs haven’t stopped the world’s growth… yet
Despite Trump’s claims that the U.S. is being cheated in trade deals, globalization continues to fuel growth here and abroad.
Major websites experience technical issues amid widespread internet outage
Web service company Cloudflare reported a broad service outage impacting “a number of services.”
Air India plane crash: Only one passenger survived, officials say—Boeing ‘stands ready’ for probe (Live Updates)
Indian civil aviation officials said 242 passengers and crew members were onboard the plane when it crashed.
Lululemon signs 10-year deal with Aussie recycling start-Up Samsara Eco
Athleisure juggernaut Lululemon will source a significant portion of some its fabrics from Samsara Eco under a new 10-year offtake agreement.
Advanced AI models face ‘complete accuracy collapse’: Apple
New AI variants called large reasoning models face ‘a complete accuracy collapse’ beyond certain complexities, a new paper published by Apple researchers argues.