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Investing

Asides

BuzzFeed sells ‘Hot Ones’ studio For $82.5 million to investors

BuzzFeed sold First We Feast, the studio best known for producing “Hot Ones,” a popular interview show where celebrities eat a series of increasingly spicy chicken wings.

  • By Conor Murray
  • Forbes Staff

Apple Intelligence arrives in Australia. Here’s what you need to know

Apple Intelligence, the tech giant’s advanced AI suite set to upgrade your iPhone and Mac, has officially launched in Australia and New Zealand.

  • By Samuel Hussey
  • Head of News & Life

Elon Musk is now worth more than $400 billion, the first person to ever do it

A new $350 billion value for SpaceX helped to lift Musk’s net worth to a historic high—more than for any billionaire Forbes has ever tracked.

  • By Phoebe Liu
The dispute over the Murdoch’s family trust intensified last year, with family patriarch and billionaire Rupert Murdoch seeking to give control to Lachlan, his eldest son.

Rupert Murdoch loses bid to change family trust

Rupert Murdoch wanted to give his eldest son, Lachlan, control of his media empire amid worries his other children may try to “reorient” the editorial policy of some of his holdings, including Fox News.

  • By Mary Whitfill Roeloffs

‘Hawk Tuah’ creator Hailey Welch criticised after Memecoin crash

The cryptocurrency is the latest move by Haliey Welch to capitalize on her “hawk tuah” meme, following her “Talk Tuah” podcast and AI-powered dating app.

  • By Conor Murray
  • Forbes Staff

Homegrown Gilmour Space launching first rocket from Aus in 50 years

Eris TestFlight1 will lift off from Abbott Point in Queensland mid-January, marking the first orbital launch attempt of an Australian-made rocket since the 1970s.

  • By Shivaune Field
  • Business Journalist

European AI unicorn pivots to launch fleet of killer drones

Helsing built a $4.5 billion business on a pledge to transform Europe’s militaries with software, not hardware.

  • By Iain Martin

Nicola and Andrew Forrest’s Minderoo seeds $100m to gender lens investment fund

The billionaire family spearheaded the $100 million seed investment in Future Generation Women, a new high-net-worth fund exclusively managed by female portfolio managers. This initiative, an offshoot of Geoff Wilson’s Future Generation firm, aims to drive stronger gender equity outcomes in Australia.

  • By Shivaune Field
  • Business Journalist

Australian fast-food billionaire Jack Cowin dishes up his strategy for success

Despite the recent upheaval with Covid, the fundamentals haven’t changed in the fast-food industry in the past 50 years, says Jack Cowin, the billionaire founder and executive chairman of Competitive Foods Australia, the privately held group behind some of the country’s biggest fast-food chains.

  • By Jennifer Wells

Elon Musk’s massive Tesla pay package struck down by judge—again

The judge said Monday Tesla’s request for the court to “flip its decision” after the shareholders voted in favor of the package went “against multiple strains of settled law.”

  • By Molly Bohannon
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