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Asides

Samsung billionaires are South Korea’s top four richest as the company’s market cap blows past $1 trillion

South Korea’s richest person, Jay Y. Lee, now boasts a net worth of $34 billion, as Samsung’s market cap blows past $1 trillion.

  • By John Kang

Former OpenAI researcher to raise $500 million for AI science startup

Periodic Labs, which plans to push breakthroughs in physics and chemistry using artificial intelligence, has seen its valuation jump sixfold in just eight months.

  • By Iain Martin

Budget 2026: Founders and VCs react to capital gains overhaul

The Federal Government has handed down a 2026/27 Budget defined by the most significant rewrite of Australia’s capital gains and property tax rules in a generation.

  • By Samuel Hussey
  • Head of News & Life
Opinion As many Australian business owners gear up for retirement, uncertainty around the Budget’s CGT changes could harm succession plans and retirement outcomes.

From tax breaks to a CGT shakeup: Inside the 2026 Federal Budget

Treasurer Jim Chalmers handed down his fifth budget on Tuesday night promising to tackle the housing crisis and rebalance a tax system he says has left younger Australians behind. Here’s what you need to know.

  • By Edward Cavanough - Contributor

California mayor charged with acting as illegal agent for China

Federal prosecutors expect Wang to plead guilty to charges of acting as an agent for China when she operated a Chinese community news website.

  • By Zachary Folk

Nvidia’s Jensen Huang nears $200 billion club—overtakes Michael Dell as 7th richest

Shares of the world’s largest company approached another record.

  • By Ty Roush
  • Forbes Staff

Kalshi billionaire cofounders double their net worths with another funding round

Kalshi has raised $1 billion in fresh capital, doubling its valuation to $22 billion.

  • By Alicia Park

6 Billionaires Worth A Combined $1 Trillion Join Trump On His China Trip

Trump is set to meet with Chinese President Xi Jinping on Thursday.

  • By Sara Dorn
  • Forbes Staff

Hantavirus Cruise Ship Outbreak Officially Over After 13 Infected, 3 Dead

The disease spread to people in four countries and more than 600 people were at one point under medical surveillance.

  • By Mary Whitfill Roeloffs

Texas sues Netflix for allegedly ‘spying’ on customers

Texas Attorney General Ken Paxton claimed the streaming service’s data collection and targeted ads amounted to “spying” on customers.

  • By Zachary Folk
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