Jeff Bezos nears deal for 30% stake in Liverpool, report says
The Amazon founder was previously linked to a purchase of the Seattle Seahawks.
Billionaires
Mark Zuckerberg outlines AI vision in new manifesto—here’s what he says
The Meta founder called for a broader AI strategy focused on “individual empowerment.”
‘Nary a blip’: Mike Cannon-Brookes says Atlassian is taming AI costs
As Canva struggles with rising AI bills, Atlassian told investors that Rovo AI usage will impact margins for FY27. But CEO Mike Cannon-Brookes maintains AI is the “best thing” to happen to Atlassian.
Atlassian defies ‘SaaSpocalypse’ fears, jumps 35% after strong earnings
Mike Cannon-Brookes handed down what could be a landmark earnings report for Atlassian, with the company swinging from a US$24 million loss a year ago to US$139 million of profit. Key Takeaways Key background It has been a tough year for Atlassian investors – before these earnings, its stock was down 40 per cent over […]
Why Wollongong is the proving ground for Canva’s Global Goals platform
Canva’s new initiative, Global Goals, aims to crowdsource humanity’s aspirations. A coastal city south of Sydney – with long-established roots in Australia’s most successful consumer platform – is key to pulling it off.
Zuckerberg’s fortune drops $18 billion as Wall Street sours on Meta’s AI spending
Shares of the Facebook parent have plunged over what could be an 11-day losing streak.
When AI succeeds at the wrong goal: The lesson from OpenAI’s rogue agent
Recent news of OpenAI models autonomously breaching Hugging Face servers serves as a cautionary tale rooted in a two-decade-old AI paradox.
Inside the Arnault family succession fight Bernard Arnault says doesn’t exist
Arnault says his family is just fine, thank you very much.
‘Former trillionaire’ Elon Musk’s wealth sinks as SpaceX shares slide
The Tesla and SpaceX CEO recently acknowledged his fortune’s decline, calling himself a “former” trillionaire.
Inside the $390 million fiasco of Russia’s seized super yachts
After Putin invaded Ukraine, Western countries grabbed 20 yachts to punish him and his cronies. Great PR move but terrible economics as many still rot in their berths, costing taxpayers millions.