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GameStop shares skyrocket after meme stock legend ‘Roaring Kitty’ shows off $116 million bet

Roaring Kitty, the social media handle used by trader Keith Gill, helped inspire 2021’s meme stock craze that saw shares of companies like GameStop and AMC Entertainment skyrocket.

  • By Robert Hart
  • Forbes Staff

Melinda French Gates pledges $1.5 billion to women, $30m to Jacinda Ardern

French Gates disclosed she is stepping down from the Gates Foundation this week and investing a further $1.5 billion into women’s causes via Pivotal Ventures. $30m is pledged to former NZ PM Jacinda Ardern.

  • By Shivaune Field
  • Business Journalist

Spotify shares jump 5% ahead of subscription price hikes

The price hikes make Spotify’s subscription service more expensive than rival Apple Music.

  • By Ty Roush
  • Forbes Staff

Berkshire Hathaway stock no longer appears down 100% as NYSE fixes glitch

Berkshire Hathaway, the conglomerate helmed by billionaire Warren Buffett, did not in fact lose almost its entire $900 billion market capitalization.

  • By Derek Saul
  • Forbes Staff

Boeing’s new legal nightmare: Potential damages of $235 million in trade secrets suit

Federal jury rules the planemaker stole intellectual property from startup Zunum Aero after investing in it.

  • By Jeremy Bogaisky
  • Forbes Staff

Meet Helen Toner: The Aussie holding OpenAI’s Altman to account

Australian AI policy expert Helen Toner – formerly an OpenAI board member – spoke about her experiences with Altman on the TED AI podcast this week. The CEO lied, withheld and misrepresented information to the board, Toner says.

  • By Shivaune Field
  • Business Journalist

Google restricts AI search tool after ‘nonsensical’ answers told people to eat rocks and put glue on pizza

Google defended its AI Overviews feature but said it would implement new safeguards after the tool told people to eat rocks and put glue on their pizzas and dismissed fake viral screenshots claiming it endorsed smoking for pregnant people.

  • By Robert Hart
  • Forbes Staff

$275 billion by 2041: What’s behind the Brisbane boom?

It will host the Olympics in 2032, has grown in population by 21% over the last decade, and is expecting 41% growth in exports over 7 years. Brissy is booming; here’s why.

  • By Shivaune Field
  • Business Journalist

Tesla investor accuses Elon Musk of $7.5 billion of insider trades

Musk sold more than $20 billion in Tesla stock around the same time he purchased Twitter for $44 billion in late 2022.

  • By Antonio Pequeño IV

How Arnold Schwarzenegger became a billionaire

The movie star has played many roles in his 76 years: bodybuilder. Box office star. Bureaucrat. And now billionaire.

  • By Jemima McEvoy
  • Forbes Staff
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