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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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1

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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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
  • Photo of Elon Musk
    Politics
    DOGE’s access to the payroll system of 276,000 federal employees puts government on path to have ‘unprecedented power and control’ over Americans’ information, experts say
    By Sasha RogelbergApril 1, 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
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
College students moving around man at desk in classroom - stock photo
Cybersecurity
‘Ghost’ students are hijacking millions from colleges—and locking real human students out of classes
By Amanda GerutJune 12, 2025
Nvidia CEO Jensen Huang on June 9, 2025 in London, England. (Photo: Carl Court/Getty Images)
Newsletters
Jensen Huang has a bone to pick with Dario Amodei
By Andrew NuscaJune 12, 2025
Everyone’s using AI at work. Here’s how companies can keep data safe
AI
Everyone’s using AI at work. Here’s how companies can keep data safe
By Sharon GoldmanJune 11, 2025
  • Coinbase shares its ‘best lock’ with crypto rivals in bid to fight hackers industry wide
    Companies
    Coinbase shares its ‘best lock’ with crypto rivals in bid to fight hackers industry wide
    By Jeff John RobertsMarch 27, 2025
‘The world is in a mobile security crisis’ as Chinese hackers and user lapses put smartphones at risk
Cybersecurity
‘The world is in a mobile security crisis’ as Chinese hackers and user lapses put smartphones at risk
By David Klepper and The Associated PressJune 8, 2025
A $31 million Bitcoin donation to Silk Road founder Ross Ulbricht may have come from former ‘darknet’ marketplace AlphaBay, according to Chainalysis
Cybersecurity
A $31 million Bitcoin donation to Silk Road founder Ross Ulbricht may have come from former ‘darknet’ marketplace AlphaBay, according to Chainalysis
By Catherine McGrathJune 6, 2025
Justice Department moves to confiscate $7.7 million of allegedly stolen crypto as North Korean IT workers infiltrate U.S. companies 
Cybersecurity
Justice Department moves to confiscate $7.7 million of allegedly stolen crypto as North Korean IT workers infiltrate U.S. companies 
By Catherine McGrathJune 5, 2025
The Department of Justice just seized crypto and 145 web domains from what they allege was an online marketplace for stolen credit cards
Cybersecurity
The Department of Justice just seized crypto and 145 web domains from what they allege was an online marketplace for stolen credit cards
By Catherine McGrathJune 5, 2025
Eric Schmidt
AI
Former Google CEO Eric Schmidt’s AI Expo serves up visions of war, robotics, and LLMs for throngs of tech execs, defense officials, and fresh recruits
By Sharon GoldmanJune 4, 2025
  • The EU's Preparedness and Crisis Management Commissioner Hadja Lahbib sits at a table and speaks into a microphone
    Environment
    The European Union just issued a dire warning to its 450 million citizens: Stockpile supplies and prepare for disaster
    By The Associated PressMarch 26, 2025
Meta CEO Mark Zuckerberg during an event in San Francisco, California, on Sept. 10, 2024. (Photo: David Paul Morris/Bloomberg/Getty Images)
Newsletters
Meta goes nuclear
By Andrew NuscaJune 4, 2025
Alphabet CEO Sundar Pichai exits federal court in Washington, D.C. on April 30, 2025. (Photo: Nathan Howard/Bloomberg/Getty Images)
Newsletters
Alphabet: We’ll spend $500 million to revamp global compliance
By Andrew NuscaJune 3, 2025
Aravind Srinivas, CEO of Perplexity AI, during an event in New York on April 23, 2025. (Photo: Michael Nagle/Bloomberg/Getty Images)
Newsletters
What a Perplexity deal means for Samsung
By Andrew NuscaJune 2, 2025
Palmer Luckey, founder of Anduril Industries, in Costa Mesa, Calif. on Dec. 14, 2023. (Photo: Kyle Grillot/Bloomberg/Getty Images)
Newsletters
Anduril and Meta let bygones be bygones
By Andrew NuscaMay 30, 2025
Masked Anonymous Hacker Organizes malware Attack on Global Scale.
Cybersecurity
‘Anthony from Staten Island’ said he developed a chat tool for Meta. His entire identity was fake. 
By Amanda GerutMay 30, 2025
Palmer Luckey and Mark Zuckerberg ended their bitter feud to bolster Silicon Valley’s new love affair with the military market
Tech
Palmer Luckey and Mark Zuckerberg ended their bitter feud to bolster Silicon Valley’s new love affair with the military market
By Jessica MathewsMay 29, 2025
Czech Foreign Minister Jan Lipavsky
Cybersecurity
The U.S., EU, and NATO are rallying behind the Czech Republic, which says a hacking group associated with China’s government attacked its critical infrastructure
By Karel Janicek and The Associated PressMay 28, 2025
Apple CEO Tim Cook during the 60th presidential inauguration in Washington, D.C. on Jan. 20, 2025. (Photo: Kevin Lamarque/Reuters/Bloomberg/Getty Images)
Newsletters
When Tim Cook walks a Trump tightrope
By Andrew NuscaMay 27, 2025
North Korean Supreme Leader Kim Jong Un greeting children in 2024.
Tech
‘This is the mafia’ — How North Korea structures its IT workers like an organized crime syndicate
By Amanda GerutMay 18, 2025
North Korean supreme leader Kim Jong Un and Chinese paramount leader Xi Jinping in 2018.
Tech
Chinese companies are secretly powering North Korea’s global IT workers scheme
By Amanda GerutMay 14, 2025
Kim Jong Un, North Korea's leader, reacts while watching an honor guard before his departure to North Korea at the railway station in Vladivostok, Russia, on Friday, April 26, 2019
Tech
The North Korean IT worker scheme infiltrated an American election campaign website
By Amanda GerutMay 12, 2025
Sam Altman testifies before the Senate Committee on Commerce, Science, and Transportation
Tech
Sam Altman urges lawmakers against regulations that could ‘slow down’ U.S. in AI race against China
By Sharon GoldmanMay 8, 2025
Amazon founder Jeff Bezos during a meeting at Trump Tower, December 14, 2016 in New York City. (Photo: Drew Angerer/Getty Images)
Newsletters
Amazon stumbles into the tariff muck
By Andrew NuscaApril 30, 2025
A person gets a manicure
Tech
Nail salon employee pleads guilty after holding 13 remote IT jobs worked by developers in China
By Amanda GerutApril 27, 2025
States have introduced 240 anti-China proposals from banning coffee mugs to ending sister-city ties: ‘Politicians…pay no price for vilifying China’
Politics
States have introduced 240 anti-China proposals from banning coffee mugs to ending sister-city ties: ‘Politicians…pay no price for vilifying China’
By John Hanna and The Associated PressApril 24, 2025
Asian scam operations are hauling in $40 billion every year from bogus romance schemes and investment pitches. Now they’re spreading around the world
Cybersecurity
Asian scam operations are hauling in $40 billion every year from bogus romance schemes and investment pitches. Now they’re spreading around the world
By The Associated Press and Grant PeckApril 21, 2025
Defense Secretary Hegseth shared Yemen airstrike details in second Signal chat with his wife and brother
Politics
Defense Secretary Hegseth shared Yemen airstrike details in second Signal chat with his wife and brother
By Tara Copp and The Associated PressApril 21, 2025
Greg Brockman, president and co-founder of OpenAI, during an event in Seoul, South Korea, on Nov. 4, 2024. (Photo: Jean Chung/Bloomberg/Getty Images)
Newsletters
OpenAI’s new reasoning models: What you need to know
By Andrew NuscaApril 17, 2025
Tim Cook
Newsletters
Apple’s last flight out of Chennai
By Andrew NuscaApril 11, 2025
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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 victimsplaceholder alt text
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