Business

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

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.

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.’

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.

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

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

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.

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

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.

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.