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Investing

Asides

Nvidia nears US$1 trillion market capitalisation—closing in on these other companies

The chipmaker’s stocks are surging after an expectations-shattering financial report, bringing its market cap close to $1 trillion—a status shared with a handful of other companies.

  • By Katherine Hamilton

By the numbers: Where did it all go wrong for Vice Media?

As it nears bankruptcy, Vice Media is far from its days of 3,000 employees and a peak valuation of $5.7 billion in 2017.

  • By Molly Bohannon

‘Good to be back’: Failed grocery delivery startup Milkrun bought by Woolies

Australian grocery delivery startup Milkrun, which closed its doors in April, has been bought by Woolworths.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Netflix password crackdown can boost its stock by 25%, Oppenheimer says

Netflix could add as much as nine million paid subscribers thanks to the password crackdown, according to analysts.

  • By Derek Saul
  • Forbes Staff

The ex-skydiving crew out of Byron powering Woolworths’ new payment giant

Account-to-account payments fintech Zepto has been chosen by Woolworths Group’s payment firm Wpay to power its PayTo solution.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Elon Musk wants to build an ‘Everything App’—here’s how the world’s most popular one works

With more than 1.3 billion monthly active users who rely on it to send texts, make payments, buy tickets and access the news, Tencent’s WeChat serves as a blueprint for what Musk’s “everything app” could become.

  • By Siladitya Ray
  • Forbes Staff

Meta fined record $1.9 billion for violating EU privacy rules

The penalty against Meta is the largest fine issued under the European Union’s data protection rules.

  • By Siladitya Ray
  • Forbes Staff

Staffing start-up Instawork raises US$60 million to expand AI tech

While some are predicting people will lose jobs due to artificial intelligence, Instawork cofounder and CEO Sumir Meghani wants to use AI to make better matches between people and work,

  • By Emmy Lucas

Rokt adds Square Peg co-founder Paul Bassat to board

Square Peg has been a key investor in Rokt since 2013, and will join the company’s board ahead of its anticipated IPO.

  • By Anastasia Santoreneos
  • Journalist & List Editor

An urgent agenda: AI talks shake up G7 Summit in Japan

The G7, composed of the world’s seven most advanced economies, has recognized the urgency of addressing the impact of AI.

  • By Mark Minevich - Contributor
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