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Bumble founder Whitney Wolfe Herd became one of the youngest self-made billionaires in the world when the company listed on Wall Street. Then younger users started souring on dating apps.
Leonardo Maria Del Vecchio has given a wide-ranging interview as he ramped up his criticism of the leadership of his family’s company.
Firmus has dropped its bid to list on the ASX, leaving its data centre plans to be funded through private markets.
Highlights Self-lodgers who owe the ATO face a November payment date that falls on a Saturday this year. The next-business-day rule shifts deadlines that land on weekends. ATO credit card payments end soon, adding another date to track. Self-lodgers who end up owing tax this year have a next weekend date to keep in mind. The ATO lists late November as the income tax "payment due date if you lodge your own tax return", and this year that date falls on a Saturday. Under the ATO's next-business-...
When David Ellison first arrived in the movie capital, insiders laughed behind his back. He was dumb money to be fleeced, another starstruck rich guy with a chequebook. Now he is in charge.
Rupert Murdoch’s former son-in-law, described by his staff as a “sex pest”, lost his high-stakes battle with the London City watchdog: A court upheld his lifetime ban from financial services.
Deepan “Deeps” Pavendranathan’s latest filings reveal the market maker is splashing money around the US stock market.
The high-tech sail will allow the ship to maintain its usual speed while throttling back its engines, or go faster than otherwise possible.
Bill Ackman’s life was upended in February when his 26-year-old daughter collapsed in her Brooklyn apartment. So he made a $556 million pledge.
When Phil King founded fund management firm Regal 20 years ago he wasn’t looking to invest for others. But people soon came knocking at his door.
The billionaire’s portfolio of US shares includes stakes in SpaceX and Tesla, as well as the company that owns Donald Trump’s Truth Social platform.
Read everything that’s happened in the news so far today.
James Dacombe was only 17 when he left school and started a brain-scanning company. Now aged 25, his new start-up is taking on one of the world’s most valuable companies.
Merlon Capital has survived the active management apocalypse via a mix of conviction and pragmatism.
The 95-year-old announced a new round of donations to charities tied to his family but left a major beneficiary off the list for the first time in decades.
Guo Wengui convinced hundreds of thousands of people to invest more than $US1 billion but instead spent their money on a lavish lifestyle that included a superyacht and a New York penthouse.
Highlights Xero has completed its largest acquisition to date, strengthening its position in the United States payments market. Strong annual results highlighted accelerating international growth, supported by expanding customer numbers and platform innovation. The Melio transaction signals a strategic shift beyond accounting software into integrated financial technology services. Xero’s acquisition of Melio marks a major strategic shift, transforming the company from a cloud accounting...
When SpaceX, Elon Musk’s rocket company, starts trading on the stock market, Antonio Gracias and his private equity firm will reap one of the largest-ever returns from a private investment.
Steadfast Group (ASX: SDF) has entered into an exclusivity deed with a US consortium that is willing to pay $7.7 billion in cash for a full takeover of the Sydney-based insurance broker network that presents shareholders with a healthy premium to the company's flagging market value. The consortium, comprising US wholesale insuranc...
Investors have been left reeling by Strategy’s first sale of bitcoin since 2022, as the industry competes for the limelight against other much-hyped trades.
Highlights News Corporation confirmed a major share repurchase program focused on its Nasdaq-listed shares. The company clarified that ASX-listed CHESS Depositary Interests will not be included in the buy-back. The capital management move has sparked discussion around liquidity and shareholder positioning. News Corporation attracted market attention after confirming a major US-focused buy-back program while excluding ASX-listed CDIs from the repurchase initiative. News Corporation (ASX:NWS) h...
Alain and Gérard Wertheimer inherited the company from their grandfather, one of the original business partners of creator Gabrielle “Coco” Chanel.
Mango founder Isak Andic died after falling more than 100 metres from a cliff while hiking with his son near Barcelona in 2024.
New filings show mining mogul Gina Rinehart has invested millions into US weapons makers such as Northrop Grumman and Lockheed Martin.
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