Investing

Australia’s tech industry has been shocked by the scale of repeated local layoffs this year. 

Forbes Australia picks out the three Aussie entrepreneurs who are making waves in the startup space right now.

While markets initially had a knee-jerk reaction to the Israel-Hamas war, with higher oil prices and lower bond yields, they’ve since calmed down, with the S&P 500 closing 1.5% higher on October 17.

Netflix reported nine million net subscriber additions exceeded analyst estimates.

Prosecutors accuse the former president of intentionally inflating the value of assets to boost his net worth.

The Canadian athleisure firm is on track for its second-largest share price surge of 2023.

Credulous retail investors are the biggest losers, according to new research.

Britain’s richest man Ratcliffe may now be on the cusp of taking over the Premier League’s most valuable team, though Bloomberg reports he may initially buy only a quarter of the club.

Gibran Huzaifah bred fish to pay his university fees, then built eFishery into a company involving 300,000 fishponds. He’s expanding to India and elsewhere.

For bigger tech companies, Israel’s mass mobilization has proven a manageable hiccup in business as usual. For smaller ones, it can pose an existential challenge.