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$140 million: Inside the deal room with Kristy Chong

ModiBodi founder, Kristy Chong, successfully exited her leak-proof underwear business back in 2022, when it was acquired by Swedish retailer Essity for $140 million. Ahead of her appearance at the Forbes Australia Women’s Summit, we go inside the deal room to hear how she did it.

  • By Anastasia Santoreneos
  • Forbes Staff

This startup is one step closer to making drugs in space

Varda Space Industries successfully manufactured a sample of HIV medication on board its spacecraft and returned it safely to Earth.

  • By Alex Knapp
  • Forbes Staff

Apollo offers $11 billion for Paramount Studios, reports

Paramount is reportedly weighing another offer from Skydance Media and David Ellison.

  • By Zachary Folk

Revenge of the bootstrapped startup

Founders Srinivas Njay and Bruce Kim bootstrapped interface.ai with $1 million of their own capital. Now the VCs are calling—but they’re waiting for the right partner.

  • By Emily Mason
  • Forbes Staff

BindiMaps: The Aussie app to help you find your way indoors

Entrepreneur Anna Wright started BindiMaps in 2017. The app provides indoor maps for airports, shopping centres, hospitals, office buildings, libraries, sports grounds, and events.

  • By Shivaune Field
  • Business Journalist
Robbie Ferguson (left), James Ferguson (right). They are posing behind a square frame made out of light beam.

Immutable doubles down on Web3 with US$100 million Games Fund

The Inevitable Games Fund (IGF) is the first-of-its-kind ecosystem-agnostic fund, with a view to identify high growth opportunities for investors.

  • By Anastasia Santoreneos
  • Forbes Staff

AI unicorn Inflection abandons its ChatGPT challenger as CEO Mustafa Suleyman joins Microsoft

After raising $1.3 billion last year, Inflection is pivoting to focus on business-to-business APIs, as Suleyman jumps to lead consumer AI at Microsoft.

  • By Alex Konrad
  • Forbes Staff

Magnificent seven adds $250 billion on Gemini’s reported iPhone deal

An epic reported artificial intelligence partnership out of Silicon Valley sent stocks off to a hot start Monday ahead of a crucial week for markets.

  • By Derek Saul
  • Forbes Staff

Australian cabbies drive home with $272 million in landmark Uber payout

The 8,000 class action participants are from the hire car, taxi, charter vehicle, and limousine industries in Victoria, NSW, Queensland, and WA. The Uber payout is the fifth-highest class action resolution in Australian history.

  • By Shivaune Field
  • Business Journalist

Apple in talks with Google to integrate Gemini’s AI service into the iPhone, reports

If a deal happens, it could provide a major boost to Gemini, as it battles with rival AI services from the likes of OpenAI, Meta and Anthropic.

  • By Siladitya Ray
  • Forbes Staff
Newer Posts 1 2 … 76 77 78 … 185 186 Older Posts
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