Business

As revenue in the fashion market grows, new research into social media data and Google search results has revealed Nike to be the world’s most valuable brand.

With all eyes on generative AI (GenAI) this year, Australian executives are scrambling to makes sense of how the technology can create actual value in their organisations. All while assessing what’s still an unclear risk profile, as well as learning the basics of the underlying technology itself.

Nike claims New Balance and Skechers stole its Flyknit technology, a fiber used to make shoes lightweight and supportive while being sustainable.

WeWork joins the likes of Bed Bath & Beyond and SVB Financial as headlines of the busiest year for corporate bankruptcies since 2020.

Bumble cofounder Whitney Wolfe Herd will step down as the dating app company’s chief executive, the firm announced Monday morning, as the former billionaire Wolfe Herd slides into a new role while Bumble’s growing pains as a public company continue.

Shares for the office-sharing company have fallen nearly 99% this year.

Musk debuted xAI’s AI chatbot Grok over the weekend, though it is in a “very early beta” stage and only available to certain X subscribers.

How Sam Bankman-Fried’s possible 110 year sentence stacks up against other ex-billionaires and billionaires who’ve served time.

Rumored to be in the works for the past year, the initiative appears to have begun rolling out recently, with email solicitations being sent to potential buyers.

She’s not there yet but iron ore billionaire Gina Rinehart is on her way to being crowned the world’s first lithium queen.