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Investing

Asides

Canva acquires software platform Affinity in $500 million deal

Affinity, formerly Serif, will join Canva’s growing product suite in a deal reportedly worth US$380 million (AU$1.35 billion).

  • By Anastasia Santoreneos
  • Forbes Staff

Donald Trump’s net worth more than doubles in one day

Donald Trump is more than $5 billion richer today after shares of Trump Media & Technology Group, which operates the Truth Social platform, began trading on the Nasdaq.

  • By Chase Peterson-Withorn
  • Forbes Staff

Booted from a tech startup, this CEO is now leading a $20 billion ASX giant

Sukhinder Singh Cassidy on the philosophies that have taken her to the top of the tech tree and leading a $20 billion ASX-listed company.

  • By Mark Whittaker
  • Forbes Staff

Women became millionaires at twice the rate of men over the past decade: JBWere

JBWere estimates that women will become custodians of more than 65% of the $4.9 trillion intergenerational wealth transfer. The number of female millionaires grew at a rate of 5.7% in 2023, almost double that of male millionaires.

  • By Shivaune Field
  • Business Journalist

US sues Apple in landmark iPhone antitrust case

The suit is the latest in the federal government’s crackdown on big tech companies.

  • By Cailey Gleeson

EV maker Fisker pauses production for 6 weeks amid ongoing struggles

Electric vehicle manufacturer Fisker, a second company of its kind launched by famed car designer Henrik Fisker, announced Monday it will pause production for six weeks as it seeks to avoid potentially going bankrupt amid mounting financial woes.

  • By Cailey Gleeson

Reddit IPO: Stock rallies 60% in Wall Street debut

It’s arguably the most notable initial public offering of 2024 thus far.

  • By Derek Saul
  • Forbes Staff

$140 million: Inside the deal room with Kristy Chong

ModiBodi founder, Kristy Chong, successfully exited her leak-proof underwear business back in 2022, when it was acquired by Swedish retailer Essity for $140 million. Ahead of her appearance at the Forbes Australia Women’s Summit, we go inside the deal room to hear how she did it.

  • By Anastasia Santoreneos
  • Forbes Staff

Apollo offers $11 billion for Paramount Studios, reports

Paramount is reportedly weighing another offer from Skydance Media and David Ellison.

  • By Zachary Folk

Revenge of the bootstrapped startup

Founders Srinivas Njay and Bruce Kim bootstrapped interface.ai with $1 million of their own capital. Now the VCs are calling—but they’re waiting for the right partner.

  • By Emily Mason
  • Forbes Staff
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