Robinhood to Cut 10% of Workforce in Restructuring Move

Robinhood announced its intention to layoff roughly 10% of workers, about 290 employees. According to the business, this restructuring will contribute to a more efficient organisation structure by reassigning reports deeper in management layers and enabling decisions faster. About $28 million in restructuring costs will be incurred, but Robinhood said the decision is based on business strength, with trading volumes hitting record levels in June.

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Business

Yum Brands Sells Pizza Hut in $2.7 Billion Deal

Yum Brands has agreed to sell Pizza Hut in transactions worth a combined $2.7 billion, with LongRange Capital acquiring the business outside mainland China and Yum China taking control of its China operations. The sale follows years of challenges for Pizza Hut and comes after Yum launched a strategic review of the brand in late 2025. The deal will also end Pizza Hut's long-standing connection with sister brands KFC and Taco Bell under the Yum portfolio.

By Shivangi 31m ago

Artificial Intelligence

SpaceX to Acquire AI Coding Startup Cursor in $60 Billion Deal

SpaceX enters into $60 billion deal to buy AI coding platform Cursor parent company Anysphere, and expand its enterprise AI business. The transaction is expected to close in the third quarter of 2026 and, just days before SpaceX was launched on Nasdaq. Since its launch in 2022, Cursor has scaled rapidly, now has an annualised revenue of approximately $2.6 billion and is one of the leading AI developer tools in Silicon Valley.

By Shivangi 1h ago

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Artificial Intelligence · America

Microsoft Sued by Shareholders Over Azure Growth and Rising AI Spending

Microsoft is facing a proposed class-action lawsuit from shareholders who allege the company failed to disclose slowing growth in its Azure cloud business and the rising costs of its artificial intelligence investments.…

By Shivangi
NATIONAL NEWS
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National · Food & Wine

ACCC Takes Grill’d to Court Over Tree-Planting Donation Claims

Australia’s ACCC has launched Federal Court action against Grill’d, alleging the burger chain misled customers about donations linked to its Tree Day Tuesday promotion. The regulator claims only around 4% of more…

By Pooja Malik
business bloopers
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CASE CLOSED
The $12 Million Robot Disaster: How Over-Investment Ruined Australia’s Top Bookstore Booktopia
Australia’s leading online bookstore collapsed after a costly automation gamble and mounting financial pressure.
Verdict: Over investment Collapse
case file - damage report
$60M
Debt Owed
98%
Share Price Crash
150,000
Orders Stranded
How It Unravelled
2020
Invested $12 million in a robotic warehouse.
2021
Reached a valuation of $315.8 million after listing.
2023
Rising costs and weaker sales hurt profitability.
Jul 2024
Entered voluntary administration with $60 million in debt.
Read full case
podcast
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Mel Yu: Shaping Brands, Building Experiences, and Leading with Heart

Mel Yu: Shaping Brands, Building Experiences, and Leading with Heart

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Mel Yu: Shaping Brands, Building Experiences, and Leading with Heart

Mel Yu represents a new breed of business leader, one who understands that authentic brand presence is the currency of modern entrepreneurship. As the Director…

By Mel Yu

Leading with Heart: The Inspiring Journey of Sara Murdock

In the heart of Melbourne’s community pharmacy network, a story of courage, compassion, and purpose continues to inspire thousands. That story belongs to Sara Murdock,…

By Sara Murdock

Resilience, Perspective & Success: The Journey of Rex Afrasiabi

Rex Afrasiabi, trusted legal partner to Australia’s real estate and mortgage sector, could easily be introduced by his long list of accolades, including director of…

By Rex Afrasiabi
technology
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Technology

Italy opens antitrust probe into Apple’s Cloud Services under EU digital markets rules

Italy’s competition authority has launched a Digital Markets Act investigation into Apple’s cloud services. Regulators are assessing whether third-party cloud providers receive equal access to key Apple hardware and software capabilities used by iCloud. The inquiry reflects growing European scrutiny of cloud competition and interoperability requirements.

By Pooja Malik
Technology

OpenAI’s $34B annual spend shows rising cost of competing in AI ahead of IPO

OpenAI disclosed $34 bn total spending for fiscal 2023 on May 13, 2024, with half devoted to model development and $10 bn to infrastructure. The data reveals why serious AI builders must plan multi‑hundred‑million budgets, secure non‑dilutive funding, and embed robust cash‑commitments when evaluating acquisitions or IPO timing. Builders can use these benchmarks to shape cash‑allocation decisions and protect shareholder value.

By Pooja Malik
Artificial Intelligence

Microsoft Sued by Shareholders Over Azure Growth and Rising AI Spending

Microsoft is facing a proposed class-action lawsuit from shareholders who allege the company failed to disclose slowing growth in its Azure cloud business and the rising costs of its artificial intelligence investments. The lawsuit follows a 10% decline in Microsoft's share price on January 29, which wiped out approximately $357 billion in market value. Investors claim the company misled the market about Azure's growth outlook and the impact of heavy AI-related spending. Microsoft has rejected the allegations, calling the claims without merit and pledging to defend itself in court.

By Shivangi
magazines
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The Personal Brand Architect

Mel Yu: Shaping Brands, Building Experiences, and Leading with Heart

Mel Yu represents a new breed of business leader, one who understands that authentic brand presence is the currency of modern entrepreneurship. As the Director of MCO Events and a Fractional Head of Brand for founders and CEOs, Mel has carved a distinctive niche by merging psychology, hospitality, and strategic branding into a powerful framework that transforms how growth-stage companies present themselves to the world. Her journey from corporate event management to personal branding authority reveals critical insights into what truly drives business success in 2025.

By Inspirepreneur Team
02
Healthcare With Humanity

Leading with Heart: The Inspiring Journey of Sara Murdock

In the heart of Melbourne’s community pharmacy network, a story of courage, compassion, and purpose continues to inspire thousands. That story belongs to Sara Murdock, an award-winning pharmacist, community health advocate, and leader whose life embodies resilience and transformation. From surviving a childhood marked by war to shaping the future of community care in Australia, […]

By Inspirepreneur Team
03
Law, Leadership & Resilience

Resilience, Perspective & Success: The Journey of Rex Afrasiabi

Rex Afrasiabi, trusted legal partner to Australia’s real estate and mortgage sector, could easily be introduced by his long list of accolades, including director of leading law firms, regular media commentator, judge for major industry awards, and strategic advisor to some of the nation’s top business leaders.

By Inspirepreneur Team
04
Women Leading the C-Suit

Amanda Blesing: Empowering Women to Lead in the C-Suite

For decades, professional women have faced the pressure to “lead like a man,” often labeled with terms that undermine ambition. Despite progress, executive leadership remains skewed by hidden biases, cultural stereotypes, and systemic barriers, frequently forcing women to choose between flexibility and advancement. Amanda Blesing is changing that narrative. As an internationally recognized mentor, speaker, […]

By Inspirepreneur Team
05
Beyond Legal Borders

Traci Chen: The Visionary Redefining Migration Law in Australia

Migration is more than a legal process; it’s a deeply personal journey. For many, it’s a bold leap towards new opportunities, often filled with complexities, uncertainties, and the hope for a brighter future. Among those navigating and illuminating these pathways stands Traci Yan Yan Chen, an innovative, compassionate, and trailblazing force in Australia’s migration law […]

By Inspirepreneur Team
06
Smarter Homes, Better Choices

Jo Agresta: Revolutionizing Real Estate with Passion, Grit, and Purpose

Jo Agresta’s entrepreneurial journey embodies the grit, vision, and heartfelt purpose that underpin remarkable innovation in Australia’s property landscape. As the CEO and co-founder of Abodey AI, Jo has redefined what it means to be a challenger in real estate technology, leveraging her lived experience, industry expertise, and unwavering resilience to create genuine solutions for […]

By Inspirepreneur Team
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GOOGLE
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Investing

Australia’s Billionaire Gina Rinehart made US$425 million from SpaceX shares in 2 days

Australian mining billionaire Gina Rinehart has reportedly made an unrealised gain of approximately US$425 million after investing more than US$1 billion in SpaceX's blockbuster initial public offering. SpaceX shares have surged 42.5% since listing on Nasdaq, lifting the value of Hancock Prospecting's stake to around US$1.43 billion. Hancock said it views SpaceX as a rare business with significant long-term potential and sees possible future opportunities linked to its critical minerals investments. The strong debut has also pushed SpaceX's valuation above US$2 trillion, making it one of the world's most valuable companies.

By Shivangi
Stocks

Atlas Arteria Urges Shareholders to Reject IFM’s $5.10 Takeover Offer

Atlas Arteria has recommended shareholders reject IFM's $5.10 per security takeover bid, arguing the offer materially undervalues the business. The company said the bid is below the Independent Expert's valuation range and reaffirmed its 2026 distribution guidance of 40.0 cents per security. Atlas Arteria also highlighted potential additional returns from the planned sale of its Chicago Skyway stake, with proceeds expected to be returned to shareholders.

By Shivangi
lifestyle Articles
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National

ACCC Takes Grill’d to Court Over Tree-Planting Donation Claims

Australia’s ACCC has launched Federal Court action against Grill’d, alleging the burger chain misled customers about donations linked to its Tree Day Tuesday promotion. The regulator claims only around 4% of more than five million Tuesday burger purchases qualified for tree-planting contributions. The case adds to growing scrutiny of environmental marketing and sustainability-related advertising claims.

By Pooja Malik
Lifestyle

Affordable Skincare Brands in Australia You Need to Try in 2026

Affordable skincare in Australia is booming in 2026 as consumers shift toward ingredient-focused, budget-friendly routines. From cult favourites like The Ordinary and CeraVe to local brands like Sukin and Ultra Violette, effective skincare is now more accessible than ever. Here’s a curated guide to the best affordable skincare brands Australians are loving right now.

By Pooja Malik
Lifestyle

The Most Dazzling Watches of 2026 in Australia

Luxury watches are gaining momentum in Australia in 2026, with buyers investing in timepieces that combine craftsmanship, heritage, and long-term value. From Rolex and Omega to Tissot and Seiko, this guide highlights the most desirable watches, key trends, and why Australians are shifting toward collectible, statement-making designs.

By Pooja Malik
Lifestyle

Best Moisturizers for Dry Skin In Australia

Discover the best moisturizers for dry skin in Australia, based on ingredient effectiveness, dermatology guidance, and real-world availability. This guide covers face and body options across price ranges, with insights on ceramides, glycerin, and barrier repair, along with practical advice on choosing and using moisturizers in Australian climate conditions.

By Pooja Malik
Art

Melbourne Artist Richard Lewer Wins 2026 Archibald Prize 

Melbourne artist Richard Lewer has won the 2026 Archibald Prize and the prestigious $100,000 award for his portrait of Pitjantjatjara Elder and artist Iluwanti Ken. The life-sized work was created after Lewer spent time with Ken on Country in South Australia’s Aṉangu Pitjantjatjara Yankunytjatjara Lands. Judges praised the portrait for capturing her strength, warmth and cultural presence. Lewer, previously a six-time Archibald finalist, said he hoped the painting would shine a spotlight on Ken’s role as a healer, artist and custodian of cultural knowledge within her community.

By Shivangi
Melbourne Artist Richard Lewer Wins 2026 Archibald Prize 
Google’s TurboQuant AI Tool Could Reshape Australia’s Tech Industry
Fine Art

Google’s TurboQuant AI Tool Could Reshape Australia’s Tech Industry

TurboQuant, Google Research’s memory compression tool, could cut the working memory AI requires to operate by six, and with zero accuracy loss Revealed on 25 March 2026, the game-changing technology has been likened to Google’s “DeepSeek moment” by some of the world’s leading tech figures, and is even being compared to Pied Piper from HBO’s Silicon Valley. For Australian companies paying to operate AI tools every day, such a technology that reduces those costs is worth keeping an eye on. Full findings will be presented by the researchers at the ICLR 2026 conference in April.

Boyd Women Exhibition - Discover how The Hidden Line at Bundanon reclaims the legacy of Boyd women artists, showcasing 300+ works that reshape art history.
Fine Art

Boyd Women Exhibition Rewrites Australian Art History

The Hidden Line: Art of the Boyd Women stands as one of Australia's most significant recent cultural events, fundamentally reshaping the nation's understanding of its artistic heritage. Opening at the Bundanon Art Museum on 22 November 2025 and running through…

Case studies
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travel
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10 low-cost weekend getaways from Sydney in 2026
Travel · Vacations

10 low-cost weekend getaways from Sydney in 2026

Explore 10 affordable weekend getaways from Sydney that offer the perfect mix of beaches, mountains, and countryside escapes. From Jervis Bay’s white sands to the Blue Mountains’ scenic trails, these destinations are ideal for quick, budget-friendly trips without compromising on experience, making them perfect for couples, families, and spontaneous travellers.

How to Start a Travel Agency in Australia in 2026: A Structured Guide
Travel

How to Start a Travel Agency in Australia in 2026: A Structured Guide

Australia’s travel industry in 2026 offers a low-barrier entry for new agencies, with no licensing requirement and startup costs as low as AUD 500. This guide outlines the legal setup, business structures, accreditation options, cost…

By Pooja Malik
Travel

How to Travel Australia on a Budget in 2026

Travelling across Australia doesn’t have to be expensive if you plan it right. This guide shows how to explore the country on a budget in 2026 without missing out on great experiences. From finding cheap flights and accommodation to saving on food, transport, and activities, discover practical tips to stretch your travel budget further. Whether you’re backpacking, road-tripping, or planning a short getaway, learn how to enjoy Australia’s top destinations while keeping your costs low and your experience unforgettable.

Travel

Best Places to Travel in Australia in 2026 by Season

Planning a trip across Australia in 2026? This guide highlights the best places to visit in each season, helping you make the most of your travel experience. From sunny beach destinations in summer to scenic road trips in autumn and snowy escapes in winter, discover where to go and when. Whether you’re after adventure, relaxation, or nature, this seasonal travel guide makes it easy to explore Australia at the right time while enjoying ideal weather, fewer crowds, and unforgettable experiences across the country.

real estate
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Best Suburbs to Invest in Sydney in 2026

Best Suburbs to Invest in Sydney in 2026

Looking for the best suburbs to invest in Sydney in 2026? This guide breaks down high-growth Western Sydney corridors, gentrifying middle-ring suburbs, and blue-chip coastal areas using the latest data from Cotality, SQM Research, and Domain. Whether your focus is capital growth or rental yield, understand where opportunities lie, and how to choose the right suburb based on your budget and strategy.

How Australian Real Estate Agencies Are Using AI to Cut Admin by 60%
Artificial Intelligence

How Australian Real Estate Agencies Are Using AI to Cut Admin by 60%

Australian real estate agencies are increasingly using AI to streamline operations and cut administrative workload by up to 60%. From automating property listings and client communications to managing documents and data, AI tools are helping agents save time and focus on closing deals. This guide explores how automation is transforming the real estate industry, improving efficiency, reducing costs, and enhancing customer experience. Discover the key AI solutions being adopted and how agencies can stay competitive in a fast-changing digital landscape.

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