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Start-up funding surges to $1.5bn in Q2 – but AI isn’t drawing investors

Quarterly funding has hit a six-quarter high thanks to a surge in mega-deals, but AI is not attracting as many investors at the hype would have you believe, Cut Through Ventures’ latest report shows.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Boeing will plead guilty to fraud charge – avoiding trial over 737 Max crashes

Boeing will pay a fine of $243.6 million and plead guilty to conspiring to defraud the U.S. government as part of a plea deal.

  • By Siladitya Ray
  • Forbes Staff

Pedestrian Group slashes jobs, CEO to resign in major restructure

The mass exodus inside some of Australia’s largest media publishers has continued with Pedestrian Group, owned by Nine Entertainment, announcing a complete restructure, that will spell redundancies and the end of local publications for several international brands.

  • By Samuel Hussey
  • Head of News & Life

The current state of AI. Is this a bubble?

The AI boom undoubtedly resembles the dot-com bubble but with a difference. Back then, most startups carried the risks, while now, giant AI pioneers are unlikely to go broke. Rather, investors will suffer.

  • By Lucio Ribeiro - Contributor

Meet the Data61 AI scientists winning international awards

Data61 – the data and digital arm of Australia’s national science agency CSIRO – had four scientists nominated for APAC Women in AI awards. These two took home top prizes.

  • By Shivaune Field
  • Business Journalist

2024’s top app: Temu dominates app stores this year

Temu has spent the most time in the number one spot across iPhone and Android app stores in 2024 as of June 15, according to market intelligence firm Sensor Tower.

  • By Cailey Gleeson

Luxury department store Saks to buy Neiman Marcus with help from Amazon in $4 billion deal

Embattled retailer Neiman Marcus has been saved by the parent company of luxury rival Saks Fifth Avenue, with a surprise investment from Amazon.

  • By Anastasia Santoreneos
  • Journalist & List Editor

ASX-listed book retailer Booktopia enters voluntary administration

The 20-year-old online book retailer, which went public on the ASX in 2020, is on the brink of collapse.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Elon Musk’s laughable solution to Tesla’s child labor worries

Tesla’s CEO said he would address the company’s challenges with child labor in its supply chain. But his high-tech solution doesn’t cut it.

  • By Alan Ohnsman
  • Forbes Staff

5 Science-backed strategies to keep fear and anxiety in check at work

Fear is a perfectly natural emotion that primarily serves as a self-preservation mechanism. It can also hinder our professional growth. Here are five science-backed strategies to help you keep fear and anxiety in check at work.

  • By Harrison Monarth - Contributor
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