How TikTok Shop became the Internet’s favorite new dollar store
Six months after its launch, TikTok Shop has sold more than $1 billion worth of products — some of questionable quality, including counterfeits.
Technology
Australia at risk of falling behind in the AI race: CSIRO
A CSIRO report recommends that Australia build its own foundation AI models rather than exclusively relying on those from China and the US. It calls the emerging technology risks it sees on the radar ‘bright flashing lights.’
Here’s why Tesla is the worst-performing major stock this year
It was a “nightmare quarter” for Elon Musk’s electric vehicle titan.
Y Combinator is raising billions in new funding
Storied startup accelerator Y Combinator is targeting at least $2 billion, sources told Forbes, in its first major fundraising effort under Garry Tan.
How Siobhan Savage’s maternity leave obsession rejigged the way we hire and fire
Reejig CEO and cofounder Siobhan Savage opens up on the inspiration for her AI-powered startup.
US sues Apple in landmark iPhone antitrust case
The suit is the latest in the federal government’s crackdown on big tech companies.
This startup is one step closer to making drugs in space
Varda Space Industries successfully manufactured a sample of HIV medication on board its spacecraft and returned it safely to Earth.
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.
BindiMaps: The Aussie app to help you find your way indoors
Entrepreneur Anna Wright started BindiMaps in 2017. The app provides indoor maps for airports, shopping centres, hospitals, office buildings, libraries, sports grounds, and events.
Immutable doubles down on Web3 with US$100 million Games Fund
The Inevitable Games Fund (IGF) is the first-of-its-kind ecosystem-agnostic fund, with a view to identify high growth opportunities for investors.