Software stocks—Oracle, Intuit, more—fall as Anthropic’s latest Claude model fuels AI concerns
The Google- and Amazon-backed AI startup fueled a global selloff in software stocks earlier this month.
Business
Laurence Escalante became a billionaire from his online casino – Now his luck may have run out
With a $1.1 billion fortune, Virtual Gaming Worlds founder Laurence Escalante enjoys a life of private jets, superyachts and exotic cars. But with his recent arrest on assault and drug charges, the party could be be over.
Brisbane startup Cortisonic emerges from stealth with a chip built on sound, not electricity
AI companies have long been fighting to get their hands on GPUs. This week, a stealthy Queensland startup came out with a chip that computes using sound waves, rather than electricity, and may one day be an alternative to in-demand GPUs.
Melinda French Gates suggests Bill Gates’ Epstein ties caused marriage to end
Bill Gates and his ex-wife separated in 2021.
Once as high as $360 billion PayPal’s market value has slipped to $40 billion, below former parent, eBay
PayPal shares plunged after earnings, pushing its market cap below eBay’s for the first time since 2015 and signaling a major shift in digital payments.
From ‘Female Startup Club’ to Davos: Doone Roisin is on a mission to help women build wealth
Doone Roisin’s presence in Davos reflects a mission that began years earlier — on a bedroom floor, when she launched her podcast — and has since grown into a global platform championing women who are building wealth through business.
RBA delivers first interest rate hike since 2023
In an interest rates blow for Australian homeowners, The Reserve Bank has hiked the cash rate 0.25 percentage points on Tuesday. I
Australia’s startup funding jumps to $5.1 billion in 2025 as AI takes the lead
More than $1 billion went toward AI-native startups. Fintech, biotech / medtech and climate tech startups were also winners in 2025, according to the Cut Through Ventures and Folklore Ventures report.
The Top 10 Richest People In The World (February 2026)
The gap between the planet’s two wealthiest people has never been larger heading into the New Year.
How Phoebe Gates and Sophia Kianni raised $35m to build an AI shopping unicorn
In the three years since Phoebe Gates and Sophia Kianni first asked the question “how can we make secondhand shopping easier?”, they’ve brought on investors like Kris Jenner, Sara Blakely and Hailey Bieber.