New billionaires 2025: Schwarzenegger, Seinfeld, Springsteen and 285 others join the ranks this year
Meet the newest members of the three-comma club.
Business
Aligning employee values with company values is vital. Here’s how to achieve it
Values onboarding aligns employees around a set of organisational values and expectations, says contributor Greta Bradman. Left to their own devices, individuals may apply their own evaluative landscape to what they should be.
Why the odds are stacked against this sports gambling billionaire’s home exercise startup
Shalom Meckenzie made a $1.4 billion fortune after merging his software company with DraftKings. He now believes his new fitness company, Amp, could be even bigger—just don’t remind him about Peloton. Or Mirror. Or…
Inside the AI arms race between fraudsters and visa
For Visa and rival Mastercard, fighting the explosion of fraud attempts is both a big expense–and an opportunity for profit.
Meet the startup that makes quitting cigarettes, vaping and Zyn cool
New York-based Jones just raised $10 million to expand its nicotine lozenge company in the stodgy, $3 billion smoking cessation market.
Venice will host Jeff Bezos’ wedding, city says—denying ‘fake news’ about event
The Italian city said speculations about the event are “completely unfounded.”
The tenacious trio behind Treasury Wine Estate’s female-focused Drop of Sunshine
Seeing a gap in the market for a female-focused wine, TWE and Reese Witherspoon’s Hello Sunshine teamed up to introduce a new wine brand to US and Australian audiences. The red, white, and sparkling results are just as sunny as you might imagine.
Things are bad at Tesla. They’re about to get much worse.
The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning.
This Irish drone startup is aiming for a million deliveries a year
Manna has raised $30 million to fund an ambitious expansion, taking on well-funded competitors like Amazon, Alphabet and unicorn Zipline. It could be first to scale a mass drone delivery operation.
Australia’s largest pension fund sells $367M WiseTech shares on governance concerns
The divestment comes after WiseTech appointed its founder Richard White as executive chairman last month, enabling the tycoon to take back control of the company four months after quitting as CEO following a series of damaging media reports.