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Asides

Why is Elon Musk suing OpenAI and CEO Sam Altman?

Musk claimed OpenAI and Altman elected to use the company’s technology “to maximize profits” for Microsoft rather than for the benefit of humanity, adding that its entire line of development “is now veiled in secrecy.”

  • By Robert Hart
  • Forbes Staff

Lawyers who voided Elon Musk’s $56 billion Tesla pay package seek $6 billion in legal fees

Musk’s $56 billion compensation package was voided in January in a lawsuit brought forth by a Tesla shareholder.

  • By Antonio Pequeño IV

Meta will no longer pay Australian publishers after refusing to renew Facebook deals

Meta, the parent company of Facebook, has announced it will cease payments to Australian news publishers, effectively ending its financial agreements when they expire later this year.

  • By Samuel Hussey
  • Head of News & Life

‘Good and bad can be blurred’: What’s causing AI’s huge trust gap?

Uptake of generative artificial intelligence (AI) amongst office workers might be increasing, but women don’t trust it, new research from Salesforce shows.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Why is pay disparity so bad at the largest market cap companies in Australia?

The Workplace Gender Equality Agency (WGEA) published new data relating to the gender pay gap this week. How did the organisations with the largest market capitalisation in Australia fare? Of the 10 largest, only two came close to the target. The highly profitable companies in the banking sector missed the mark completely.

  • By Shivaune Field
  • Business Journalist

Apple stock near 4-month low as AI questions linger

Apple shares have underperformed the broader market on a 6-month, 12-month and 2-year basis as rival Microsoft surpassed Apple as the world’s most valuable company.

  • By Derek Saul
  • Forbes Staff
Bitcoin

Bitcoin tops $60,000 – First time since 2021

More friendly market conditions and the launch of spot bitcoin ETFs have propelled bitcoin prices to triple over the last 16 months.

  • By Derek Saul
  • Forbes Staff

Apple is abandoning its electric car quest to focus on AI, reports

Apple had reportedly been working on the development of its electric vehicle since 2014.

  • By Molly Bohannon

‘We lost everything’: Inside Kikki.K’s collapse – and how its founder is plotting her next multimillion-dollar business

Kristina Karlsson was 22 when she borrowed $3,000 from her partner, Paul, to launch iconic stationery brand, Kikki.K. But decades later, Karlsson faced every entrepreneur’s nightmare when Kikki.K entered administration not once, but twice

  • By Anastasia Santoreneos
  • Journalist & List Editor

Experts crictise Elon Musk’s Neuralink over transparency after billionaire says first brain implant works

Musk’s casual Neuralink updates on social media and the company’s failure to publish data go against long standing scientific and ethical protocols and could ultimately stymie progress for all neurotechnology, experts told Forbes.

  • By Robert Hart
  • Forbes Staff
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