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Tesla boosts stocks to record highs as markets react to Trump assassination attempt

Tesla stock, viewed by analysts as a beneficiary of a Trump Administration, gained 5% in the first day of trading after its CEO Elon Musk endorsed Trump following the attempt on Trump’s life.

  • By Derek Saul
  • Forbes Staff

The Candy Crush guys are secretly building a new startup

After selling Candy Crush developer for $5.9 billion, one cofounder Sebastian Knutsson has a new gaming startup.

  • By Iain Martin

Meet the most powerful philanthropists in America: Warren Buffett’s kids

The three children of the Oracle of Omaha, already among the nation’s biggest givers, could end up giving away as much as $130 billion of their father’s fortune. Here’s what you need to know about their philanthropy so far.

  • By Lindsey Choo

Is this the next Canva? JigSpace lands $13m raise as Apple Vision Pro arrives in Australia

Melbourne-headquartered JigSpace is on a roll. It is being compared to Canva and completed its latest fundraising round in the same week Apple CEO Tim Cook called the company ‘incredible.’

  • By Shivaune Field
  • Business Journalist

Telstra hits mobile customers with higher prices, layoffs imminent

The telco that made $2 billion in profit last year is hiking mobile plan prices 4%. Meanwhile, the Telstra workforce is bracing for 2,800 layoffs this week.

  • By Shivaune Field
  • Business Journalist

CEO of Goldman Sachs-backed startup Slync sentenced to 20 years in prison

Chris Kirchner was arrested in 2023 following a Forbes investigation that revealed he overstated company financials and spent lavishly on personal expenses.

  • By David Jeans
  • Forbes Staff

Elon Musk’s net worth drops $11 billion after Tesla reportedly delays Robotaxi launch

The automaker added about $257 billion to its market cap over an 11-session rally.

  • By Ty Roush
  • Forbes Staff

Why inflation battered Argentinians are turning to crypto

A Forbes analysis found the country, with a 276% inflation rate, has the highest crypto adoption rate in the Western Hemisphere, but little use of the most trustworthy exchanges.

  • By Javier Paz

Amazon claims it achieved 100% renewable energy target in 2023—here’s what it means

Amazon claims that all electricity it consumed in 2023 was “matched” with 100% renewable energy. Experts criticise the report’s vagueness.

  • By Siladitya Ray
  • Forbes Staff

Microsoft quits OpenAI board as regulators crack down on big tech’s AI dealmaking

Microsoft has invested $13 billion in OpenAI, but said in a letter it felt confident over the ChatGPT maker’s future and no longer believed an observer seat on the startup’s board was necessary.

  • By Robert Hart
  • Forbes Staff
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