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Startups & VentureExclusive: PayPal winds down venture arm as fintech giant restructures under new CEO

The fintech is exploring the sale of parts of its portfolio on the secondary market.

By Ben WeissJune 16, 2026
A man sits at a red checkerboard table with a Tiffany-style Pizza Hut lamp hanging above him.
RetailPizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia
By Sasha RogelbergJune 16, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
NewslettersDecision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
By Jeremy KahnJune 16, 2026
Fortune Southeast Asia 500
Fortune Southeast Asia 500
By FortuneJune 15, 2026
Latest
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas3 hours ago
Filling up your car won’t feel normal until next summer, S&P says4 hours ago
Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia4 hours ago
Decision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it4 hours ago
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
Europe‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
By Mia OsmonbekovJune 16, 2026
U.S. Treasury Secretary Scott Bessent.
EconomyTrump turned the dollar into a foreign policy tool, and now risks undermining the currency’s extraordinary status, think tank says
By Tristan BoveJune 16, 2026
butter
RetailWelcome to the summer of ‘Butter Yellow,’ the shade of consumer anxiety
By Nick LichtenbergJune 16, 2026
elon musk poses while wearing a suit
AISpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power
By Lily Mae LazarusJune 16, 2026
CEO of Tesla and SpaceX Elon Musk
InvestingSpaceX just surpassed Amazon’s market cap, overtaking the 31-year-old company on day three of public trading
By Eva RoytburgJune 16, 2026
Robinhood CEO Vladimir Tenev smiles during the ringing of the Opening Bell at the New York Stock Exchange last March.
CryptoRobinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
By Camila Grigera NaónJune 16, 2026
Chairman of the Federal Reserve Kevin Warsh arrives to his swearing-in ceremony to be the new Chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, DC.
EconomyKevin Warsh’s first Fed test is here: He must navigate hawks ‘on the offensive’ and Wall Street’s hunger for details on regime change
By Eleanor PringleJune 16, 2026
Isaiah Granet smiles
Startups & VentureExclusive: Voice AI startup Bland raises $50 million after being rejected by 180 investors
By Lily Mae LazarusJune 16, 2026
Newsletters
Eye on AIBy Jeremy Kahn
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Decision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
MPW DailyBy Emma Hinchliffe
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Erin Brockovich takes on data centers
CFO DailyBy Sheryl Estrada
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Why accounting may look completely different by 2040
Fortune TechBy Andrew Nusca
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U.S. cybersecurity leaders to White House: Lift the ban on Anthropic’s Mythos and Fable AI models
Fortune Gulf BriefBy Melissa Hancock
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U.S.-Iran interim deal: What could a Gulf bounce back look like?
CEO DailyBy Diane Brady
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David Cordani Built Cigna Into a Health Services Powerhouse. Now He’s Mastering the Art of Letting Go.
AI
Citi, Ford, and Experian share their strategies for scaling AI agents
C-SuiteCiti, Ford, and Experian share their strategies for scaling AI agents
By Alexei OreskovicJune 16, 2026
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
BankingVietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
By Angelica AngJune 16, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
NewslettersDecision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
By Jeremy KahnJune 16, 2026
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
Europe‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
By Mia OsmonbekovJune 16, 2026
Term Sheet podcast
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Investment bankers built a $2B AI to replace themselves | Term SheetMay 28, 2026
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This creator investor on the truth about the AI gold rush | Term SheetMay 13, 2026
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From a Palo Alto closet to $1 billion revenue: how Gusto cracked small business software | Term SheetMay 7, 2026
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How to raise a CEO: The "Godmother of Silicon Valley" Esther WojcickiApril 22, 2026
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The Startup Fighting to Save the American Farm with Modern FinanceApril 8, 2026
Video ThumbnailPlay51:28
How Winston Weinberg built his $11 billion AI Company | Term SheetMarch 18, 2026
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Why revenue is an outdated metric | Term SheetFebruary 18, 2026
Video ThumbnailPlay39:10
Chemistry cofounder: "more talented founders than ever" are moving into health care | Term SheetFebruary 4, 2026
Video ThumbnailPlay40:16
Exelon CEO on if our utilities can handle the AI boom | Term SheetJanuary 21, 2026
Success
students
SuccessCollege students are voting with their feet on AI. Goldman has the receipts
By Nick LichtenbergJune 16, 2026
Young worker dreams while working
SuccessMichaels CEO tells young workers to stop daydreaming of success and ‘get moving, take some action, take some risk’
By Emma BurleighJune 16, 2026
BOOMER
Success‘Work hard, stay loyal, and the system will reward you’: the Boomer credo is a Gen X betrayal and a Millennial pipe dream
By Nick LichtenbergJune 16, 2026
UX UI designers working together
SuccessMarketing jobs are among the most exposed to AI. Adobe and LinkedIn are teaming up to ensure the industry is upskilled—not replaced
By Preston ForeJune 16, 2026
From the Magazine
MagazineCiti’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser’s Citi playbook is working. Wall Street wants to know what’s next.

By Claire ZillmanMay 27, 2026
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
MagazineAs CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
MagazineInside the ultra-luxury eco-adventure industry turning conservation into a status symbol
By Adam EraceMay 24, 2026
Microsoft lost its way in the AI race. Can Copilot get it back on course?
MagazineMicrosoft lost its way in the AI race. Can Copilot get it back on course?
By Jeremy KahnMay 21, 2026
Why the AI field’s biggest names are betting billions on ‘world models’
MagazineWhy the AI field’s biggest names are betting billions on ‘world models’
By Sharon GoldmanMay 20, 2026
Energy
Vessels lie at anchor in the Strait of Hormuz off Iran's coast.
EnergyFilling up your car won’t feel normal until next summer, S&P says
By Tristan BoveJune 16, 2026
Current price of oil as of June 16, 2026
Personal FinanceCurrent price of oil as of June 16, 2026
By Joseph HostetlerJune 16, 2026
REE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam’s economy. Here’s what she thinks comes next
MagazineREE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam’s economy. Here’s what she thinks comes next
By Nicholas GordonJune 16, 2026
U.S.-Iran interim deal: What could a Gulf bounce back look like?
NewslettersU.S.-Iran interim deal: What could a Gulf bounce back look like?
By Melissa HancockJune 16, 2026
Fortune Rankings
Fortune 500
Fortune 500
By FortuneJune 3, 2026
Most Powerful Women
Most Powerful Women
By FortuneMay 27, 2026
Fortune 100 Best Companies to Work For
Fortune 100 Best Companies to Work For
By FortuneApril 1, 2026
Fortune 500 Europe logo
Fortune 500 Europe
By FortuneOctober 29, 2025
Leadership
Citi, Ford, and Experian share their strategies for scaling AI agents
C-SuiteCiti, Ford, and Experian share their strategies for scaling AI agents
By Alexei OreskovicJune 16, 2026
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
BankingVietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
By Angelica AngJune 16, 2026
students
SuccessCollege students are voting with their feet on AI. Goldman has the receipts
By Nick LichtenbergJune 16, 2026
Robinhood CEO Vladimir Tenev smiles during the ringing of the Opening Bell at the New York Stock Exchange last March.
CryptoRobinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
By Camila Grigera NaónJune 16, 2026
From Pilot to Profit
AIAI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
Artistic drawing of two employees using several tools at once
AIWhy dbt Labs CEO views AI efficiency and creativity as the same thing
By Sage LazzaroJune 9, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
AIReward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
By Sage LazzaroJune 9, 2026
Artistic rendering of complex systems being simplified by two workers
AIHow Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large
By Sage LazzaroJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AIAI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
Features
Photo of young woman with a photo of a pizza
SuccessGen Z grad landed an internship by wearing her university baseball cap to her pizza joint job. Now she works at Cisco
By Orianna Rosa RoyleJune 14, 2026
Photo of Marc Benioff
MagazineSalesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
MagazineA Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
Anduril CEO Brian Schimpf
MagazineInside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
Real Estate
A ChatGPT prompt almost killed Ryan Serhant’s $50 million NYC penthouse deal. Here’s how he saved it
Real EstateA ChatGPT prompt almost killed Ryan Serhant’s $50 million NYC penthouse deal. Here’s how he saved it
By Sydney LakeJune 16, 2026
Current ARM mortgage rates report for June 16, 2026
Personal FinanceCurrent ARM mortgage rates report for June 16, 2026
By Glen Luke FlanaganJune 16, 2026
Current refi mortgage rates report for June 16, 2026
Personal FinanceCurrent refi mortgage rates report for June 16, 2026
By Glen Luke FlanaganJune 16, 2026
Mortgage rates today, June 16, 2026
Personal FinanceMortgage rates today, June 16, 2026
By Glen Luke FlanaganJune 16, 2026
Great Place to Work Rankings
Best Workplaces in New York
Best Large Workplaces in New York
By FortuneJune 9, 2026
Best Workplaces in Texas
25 Best Large Workplaces in Texas
By FortuneJune 2, 2026
Best Workplaces in The Bay Area
25 Best Large Workplaces in the Bay Area
By Fortune EditorsMay 26, 2026
Fortune 100 Best Companies to Work For Southeast Asia 2025 logo
Fortune 100 Best Companies To Work For – Southeast Asia
By Fortune and Great Place To WorkDecember 1, 2025
Commentary
IBMBy Carolynn Johnson
IBM’s $17 million DOJ settlement makes the case for civility
VietnamBy Brian McFeeters and Vu Tu Thanh
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
MidwestBy Ivan Barratt
The Sun Belt boom is over. Midwest real-estate investors say ‘I told you so’
TariffsBy Steve Swedberg
A quartz countertop tariff could double your kitchen renovation cost — and kill 13 jobs for every one it creates
AntitrustBy Perry A. Sook
Nexstar CEO: big tech swallowed local newspapers. Local TV could be next
Weather and forecastingBy Ravi S. Bhalla
I spent 8 years flood-proofing a city. Capital markets are running out of time to take El Niño seriously
Fortune Secondary Logo
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