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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

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Current price of oil as of October 6, 2026
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Cybersecurity

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OpenAI’s human rights lead: What the military could do with AI ‘keeps me up at night’

Sarah Yager joined OpenAI recently, and though she was initially skeptical that her position was merely a PR stunt, she says she’s had some early success influencing the safety of the technology.

By Emily ForliniOctober 6, 2026
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Researchers tracked $80 million in political ads using AI—and Republicans were behind 83% of them
By Travis N. Ridout, Erika Franklin Fowler, Michael Franz and The ConversationOctober 6, 2026
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I wrote The Future of Truth and then found to my alarm it contained AI-hallucinated quotes. I’ve chosen to fight back
By Steven RosenbaumOctober 6, 2026
Norway's Prime Minister Jonas Gahr Støre (L) and Norway's Minister of Digitalisation and Public Administration Torgeir Micaelsen sign a letter of intent on the responsible introduction and use of artificial intelligence in the workplace, in Oslo, Norway.
Norway floats temporary but total ban on AI glasses as it investigates ‘socially beneficial uses’
By Jamey Keaten and The Associated PressOctober 5, 2026
Photo of a 1979 Pontiac Firebird Trans Am
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims
By Catherina GioinoOctober 5, 2026
Sam Altman says the world should accept some ‘bad things’ happening with AI as the industry signs on to Trump’s voluntary safety pact
Sam Altman says the world should accept some ‘bad things’ happening with AI as the industry signs on to Trump’s voluntary safety pact
By Marco Quiroz-GutierrezOctober 5, 2026
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Coming soon: Meta’s ‘Hypernova’ smart glasses
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Coming soon: Meta’s ‘Hypernova’ smart glasses
By Andrew NuscaAugust 18, 2025
  • One man, male criminal dressed all in black, carrying stolen Bitcoin
    Cybersecurity
    Feds seize $225 million in crypto from crooks who ran giant ‘pig butchering’ operation
    By Ben WeissJune 18, 2025
Shipping containers stacked on container ships at the Port of Los Angeles on June 25, 2025 in Los Angeles, California. (Photo: Mario Tama/Getty Images)
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U.S. secretly tracked AI shipments to see if they ended up in China
By Andrew NuscaAugust 14, 2025
Elon Musk at the White House on May 21, 2025 in Washington, D.C. (Photo: Chip Somodevilla/Getty Images)
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Apple has a new AI problem: Elon Musk
By Andrew NuscaAugust 13, 2025
Five people stand on a stage. The middle three people hold a large check worth four million dollars.
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Hacker, bodyguard, target: AI’s triple act at the year’s biggest security showdowns
By Sharon GoldmanAugust 12, 2025
Ford Motor Co. President and CEO Jim Farley at the 2025 Detroit Auto Show on January 9, 2025 in Detroit, Michigan. (Photo: Bill Pugliano/Getty Images)
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Ford’s new EV strategy includes $2 billion U.S. investment
By Andrew NuscaAugust 12, 2025
OpenAI CEO Sam Altman in Paris, France, on Feb. 11, 2025. (Photo: Nathan Laine/Bloomberg/Getty Images)
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The stakes for OpenAI with the launch of GPT-5
By Andrew NuscaAugust 8, 2025
  • Pro-Israel group hacks Iranian crypto exchange for $90 million—but throws away the money
    Cybersecurity
    Pro-Israel group hacks Iranian crypto exchange for $90 million—but throws away the money
    By Ben WeissJune 18, 2025
OpenAI CEO Sam Altman testifies during a Senate Commerce, Science and Transportation Committee hearing on May 8, 2025. (Photo: Tom Williams/CQ-Roll Call/Getty Images)
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Behold, an AI model from OpenAI that’s…open
By Andrew NuscaAugust 6, 2025
A Tesla model S parked in Red Hook, Brooklyn on July 5, 2016 in New York City. (Photo: Spencer Platt/Getty Images)
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The auto industry isn’t ready for what comes after this Tesla Autopilot crash decision
By Andrew NuscaAugust 4, 2025
Figma CEO Dylan Field with CFO Praveer Melwani during the company's IPO on the floor of the New York Stock Exchange on July 31, 2025. (Photo: Michael Nagle/Bloomberg/Getty Images)
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What Figma’s debut says about the tech IPO landscape
By Andrew NuscaAugust 1, 2025
Legion cofounders
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Cybersecurity upstart Legion emerges from stealth with $38 million from Accel, Coatue, and others
By Alexandra SternlichtJuly 30, 2025
PDD Holdings's Temu application on a smartphone in Shanghai, China, on Feb. 3, 2025.(Photo: Raul Ariano/Bloomberg/Getty Images)
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The EU has a bone to pick with Temu
By Andrew NuscaJuly 30, 2025
  • WhatsApp as displayed on an Apple iPhone on June 7, 2025. (Photo: Jakub Porzycki/NurPhoto/Getty Images)
    Newsletters
    WhatsApp is finally getting ads
    By Andrew NuscaJune 17, 2025
Samsung Electronics executive chairman Lee Jae-yong in Decines-Charpieu, France, on September 15, 2024. (Photo: Jeff Pachoud/AFP/Getty Images)
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Samsung Electronics scores a major Tesla deal
By Andrew NuscaJuly 29, 2025
Allianz Life says hackers accessed personal data on the majority of its 1.4 million US customers
Cybersecurity
Allianz Life says hackers accessed personal data on the majority of its 1.4 million US customers
By Steve Karnowski and The Associated PressJuly 26, 2025
The Tea app was intended to help women date safely. Then hackers leaked 72,000 images online, including users’ selfies
Cybersecurity
The Tea app was intended to help women date safely. Then hackers leaked 72,000 images online, including users’ selfies
By Paul Wiseman and The Associated PressJuly 26, 2025
U.S. Attorney for Washington, D.C. Jeanine Pirro at a podium with President Donald Trump
Finance
Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions
By Amanda GerutJuly 24, 2025
Mark Zuckerberg
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Trial opens against Meta CEO Mark Zuckerberg
By Andrew NuscaJuly 17, 2025
Speaker of the House Mike Johnson, R-La., in Washington, D.C. on July 9, 2025. (Photo: Tom Williams/CQ-Roll Call/Getty Images)
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Crypto regulation bills stumble in Congress
By Andrew NuscaJuly 16, 2025
So Elon, about that new federal contract…
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So Elon, about that new federal contract…
By Andrew NuscaJuly 15, 2025
Sam Altman
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Google beats OpenAI to the Windsurf punch
By Andrew NuscaJuly 14, 2025
Tesla CEO Elon Musk in the Oval Office of the White House in Washington, D.C. on Friday, May 30, 2025.(Photo: Francis Chung/Politico/Bloomberg/Getty Images)
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Tesla prepares to face its shareholders
By Andrew NuscaJuly 11, 2025
U.S. Secretary of State Marco Rubio at the White House on July 08, 2025 in Washington, D.C.(Photo: Andrew Harnik/Getty Images)
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A scammer used AI to impersonate the U.S. Secretary of State
By Andrew NuscaJuly 9, 2025
A woman covers her face with her hand.
Finance
Six women thought they found love online. It was a married father of 2 scamming them out of millions
By Amanda GerutJuly 6, 2025
Six signs North Korea has agents in your company
Commentary
Six signs North Korea has agents in your company
By Michael BarnhartJuly 3, 2025
North Korea's leader Kim Jong-un walks to a meeting with US President Donald Trump in the Demilitarized Zone (DMZ) on June 30, 2019, in Panmunjom, Korea.
Finance
North Korean operative reveals the inner workings of the IT scam infiltrating the Fortune 500—‘They had no idea that we were from North Korea’
By Amanda GerutJuly 2, 2025
Meta CEO Mark Zuckerberg during an event in Menlo Park, California, on Sept. 25, 2024. (Photo: David Paul Morris/Bloomberg/Getty Images)
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How Mark Zuckerberg overhauled Meta’s approach to AI
By Andrew NuscaJuly 1, 2025
Inside Operation Gold Rush: How a transnational criminal network exploited the U.S. health care system out of $14.6 billion
Cybersecurity
Inside Operation Gold Rush: How a transnational criminal network exploited the U.S. health care system out of $14.6 billion
By Alanna Durkin Richer and The Associated PressJune 30, 2025
Lip-Bu Tan
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Why Intel will shut down its automotive business
By Andrew NuscaJune 26, 2025
Anthropic CEO Dario Amodei testifies during a Senate hearing on July 25, 2023 in Washington, D.C. (Photo: Alex Wong/Getty Images)
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Copyrighted books to train AI? Fair. Storing them? Not so much.
By Andrew NuscaJune 25, 2025
Federal Reserve chair Jerome Powell
Cybersecurity
Jerome Powell says Fed is ‘on alert’ for possible Iranian cyberattacks because ‘we’re a target as well’
By Paolo ConfinoJune 24, 2025
Participants on horseback during Fortune Brainstorm Tech 2024 in Park City, Utah. (Photo: Stephanie Marwil/Fortune)
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Who’s speaking at Fortune Brainstorm Tech 2025
By Andrew NuscaJune 19, 2025
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