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Meet the deal-maker behind the $7.6 billion World Cup

The Matildas may be out of World Cup victory contention. But the brand value has quadrupled, and the economic value of the Australia and New Zealand games has been no small feat. Meet the man who made it happen.

  • By Shivaune Field
  • Business Journalist

The average Aussies’ net-worth revealed

Australian adults lost more than US$80,000 across 2022 compared to 2021, due in large part to stock market losses, the 2023 UBS Global Wealth Report has revealed.

  • By Anastasia Santoreneos
  • Forbes Staff

Next Billion-Dollar Startups 2023

There are more than 50,000 venture-backed startups in the U.S., and only the tiniest fraction will ever reach a $1 billion valuation. Here are the 25 we think most likely to succeed.

  • By Amy Feldman

60% of companies still fall victim to cyber-attacks: the time to act is now, Accenture says

60% of businesses would experience a cyber attack if security was breached, a report by Accenture has found.

  • By Jane Lindhe
  • Forbes Staff

‘X slowed access’ to sites Elon Musk dislikes — then abruptly backtracked

Users had to wait five seconds before accessing certain websites like the New York Times or Threads via links on Twitter, the Washington Post found.

  • By William Skipworth

Apple poised to start paying US$500 million in ‘BatteryGate’ lawsuit payments

Apple, Delta Airlines, Facebook and Juul are among the companies with pending class action lawsuits.

  • By Mary Whitfill Roeloffs

Gina Rinehart’s solution to Australia’s Commonwealth Games debacle

Australia’s richest person is a longtime financial backer of athletes and wants to see the 2026 Commonwealth Games return to the Gold Coast.

  • By Shivaune Field
  • Business Journalist

Sam Bankman-Fried accused of using US$100 million in stolen funds on political donations

A new indictment Monday marked the latest chapter in Sam Bankman-Fried’s legal troubles following the collapse of FTX.

  • By William Skipworth

Qantas reveals support for Indigenous Voice to Parliament

The Flying Kangaroo has unveiled a new livery, or customisation, on three Qantas Group aircraft showcasing its support of the Yes23 campaign.

  • By Anastasia Santoreneos
  • Forbes Staff

TikTok expands Australian footprint with new Product Engineering Hub

Sydney will be the location for a new global engineering hub, TikTok disclosed to Forbes Australia. The new Australian AI-focused engineering team will work on TikTok products around the world and report the Los Angeles and Singapore headquarters of the company.

  • By Shivaune Field
  • Business Journalist
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