Amazon will cut 16,000 jobs in latest layoffs
The move follows another mass layoff by the company in October, where 14,000 workers were let go.
Business
Inside the AO’s player perks: Beauty salons, tax officers, and a ‘never say no’ policy
Craig Tiley has made the Australian Open the tour’s most player-friendly stop, with on-site salons, health specialists, recovery services, AI match analytics, private drivers and round-the-clock concierge support at Melbourne Park.
TikTok star Khaby Lame sells his core company in $975 million deal
Khaby Lame, the 25-year-old Italian content creator known for his tight-lipped comedy skits, has sold his company Step Distinctive Limited
Seven biotech themes investors should track in 2026
For Australian investors and founders, the big questions are which parts of biotech are becoming repeatable businesses, and which parts remain experimental theatre, writes Anthony Liveris.
Jeff Bezos’ Blue Origin announces TeraWave — A competitor to Elon Musk’s Starlink
The network will consist of 5,408 interconnected satellites in low Earth orbit capable of bringing internet access to anywhere in the world, Blue Origin said.
This entrepreneur became a billionaire investing in India. Up next: space and AI
Filippo Ghirelli made a small fortune in Italy then bet on one of India’s largest refineries, making him a billionaire. Now he’s out to build an empire from airports to data centers.
Meet the three Australian women on Forbes’ 50 over 50 list for 2026
From airline chiefs to United Nations advisors, these are the four Australians to make Forbes’ 50 Over 50 Global list for 2026.
One third of US millionaires weigh moving overseas amid Trump presidency
Canada, England and Ireland are among the most coveted destinations for those considering leaving the U.S.
Netflix shares sink 6.5% in premarket after earnings—CEO talks up Warner deal
While Netflix’s earnings managed to beat Wall Street estimates, the company noted that increased spending on programming and the Warner deal could eat into profits.
AI security startup Dam Secure banks US$4 million
Founded by ex-Zip Payments executives Patrick Collins and Simon Harloff, Dam Secure aims to tackle security risks caused by ‘logic gaps’.