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Asides

Founder of WallStreetBets—which sparked meme stock craze—sues Reddit for ousting him

WallStreetBets founder James Rogozinski claimed Reddit ripped away the brand he created just months before it was at the heart of the meme trading frenzy, according to the Wall Street Journal.

  • By Nicholas Reimann
  • Forbes Staff

Fallen unicorns: Startup billionaires nearly US$100 billion poorer than a year ago

Seven of Australia’s 50 Richest made their fortunes in tech. But this year they’re part of a global trend where startup billionaires are nearly US$100 billion poorer than a year ago. 

  • By Forbes Australia

‘Largest in history’: Michael Jordan’s incredible US$10 million gesture

Jordan has now donated more than $15 million to Make-A-Wish, also committing $50 million to racial equality causes in the wake of George Floyd’s murder.

  • By Derek Saul
  • Forbes Staff

Inside brewer’s plan to make boozeless beer a billion-dollar business

Bill Shufelt And John Walker Are Making Nonalcoholic Beers Tasty Enough To Please The Biggest Sud Snobs. And With A Nearly $500 Million Valuation, Investors Are Intoxicated.

  • By Steven Bertoni

Peak gloom or Goldilocks: Is the market seeing something we’re not?

A prolonged period of consolidation might be a welcome opportunity to invest at a sensible price.

  • By Elise Shaw
  • Digital Editor

This Aussie tech firm banked US$18 million to bring quantum computing to life – with diamonds

Quantum Brilliance, an Australian-German company, is using diamonds to drastically reduce the cost of quantum computing.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Rihanna’s US$6 million payday from 3 second act

Singer Rihanna’s makeup touch-up during her Super Bowl performance has earned her brand Fenty Beauty US$5.6 million in media impact value in the first 12 hours.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Pharrell Williams revealed as Louis Vuitton’s new mens creative director

The position was last held by Virgil Abloh, who died in 2021.

  • By Ty Roush
  • Forbes Staff

Founder of Goldman Sachs-backed tech company Slync is charged with US$67 million fraud

Charges brought by the SEC and DOJ come months after Forbes reported that Chris Kirchner misrepresented company finances to the board.

  • By David Jeans
  • Forbes Staff

Male birth control trial a ‘game-changer’ – here’s what you need to know

Researchers said the study signals a path towards an on-demand “male pill” that can be taken when needed, with an oral dose taking 30 and 60 minutes to work in mice and fertility returning to normal within a day.

  • By Robert Hart
  • Forbes Staff
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