US President Barack Obama might be the world’s most powerful person, according to Forbes, but there’s a handful of entrepreneurs on this year’s list for start-ups to draw inspiration from.
Federal Treasurer Wayne Swan has warned that further savings are needed if the government is to achieve its projected $1.5 billion surplus, amid challenges such as changing consumer behaviour and the high Australian dollar.
News Corporation has posted a massive $1.46 billion loss in the fourth quarter, writing down the value of its global publishing empire, including its Australian newspapers.
Having a big name involved in your start-up is likely to draw investor and media attention to your business, but it’s unlikely to sustain it in the long term.
Australia’s mining boom will end in just two years, with the Federal Government set to struggle to get the budget back to surplus this year, a new report has predicted.
News Corporation chairman Rupert Murdoch has indicated he is preparing to “hit back” at what he describes as the “lies” directed towards his business.
Ex-Microsoft employees Peter Ostick and Josh Iselin teamed up last year to launch The Video Network, an internet TV sales platform.
Just two weeks ago, Airbnb appeared to be on an unstoppable rise to the top. The business had expanded internationally, including Australia, and had raised $112 million in funding.
Rupert Murdoch could’ve eased into a well-heeled retirement in the past decade, quietly slipping away to one of his many properties and handing over the reins to son James, who, until the past two weeks, appeared to be his heir apparent.
Where do good ideas come from? Many entrepreneurs vaguely cite flashes of inspiration for their businesses, but it is possible to identify a process to idea generation.
This article first appeared on July 20, 2011. The startling fact to come out of the News Corporation hacking scandal from a management point of view is the lack of information that was apparently reaching to top levels of the company.
Rupert Murdoch has pulled the plug on the attempted takeover of UK broadcaster BSkyB in the wake of the phone hacking scandal that has engulfed his media empire.
News Corporation has finally sold MySpace, its once-dominant social networking site, for $35 million – a fraction of the price it paid for it six years ago.
The ‘big four’ banks have come under sustained media and political criticism after Westpac announced a $6.3 billion annual profit. The record surplus takes the four major banks’ combined profits to $21.7 billion.
Throwing in your job to start your own business always raises a few questions around what you can and can’t take with you from your current role.