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Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

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Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

3

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

1

Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

2

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

3

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

News

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The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up

The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up

Two days after voters rejected data centers almost everywhere, OpenAI pledged to cover its own power bills and post financial guarantees.

By Catherina GioinoNovember 6, 2026

Democrats just won control of Georgia Power’s regulator for the first time in 30 years — and its OpenAI data center contract was entirely redacted

Democrats just won control of Georgia Power’s regulator for the first time in 30 years — and its OpenAI data center contract was entirely redacted

By Emily Jones and GristNovember 6, 2026

‘Everyone knows why we lost,’ JD Vance points to the Iran war — which has already cost at least $38 billion and 19 American lives

‘Everyone knows why we lost,’ JD Vance points to the Iran war — which has already cost at least $38 billion and 19 American lives

By Javed Ali and The ConversationNovember 6, 2026

Gen Z voters broke for Democrats 66% to 31% in the midterms — and the Iran war cracked their top three issues

Gen Z voters broke for Democrats 66% to 31% in the midterms — and the Iran war cracked their top three issues

By Sara Suzuki and The ConversationNovember 6, 2026

Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began

Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began

By Michael A. Mische and The ConversationNovember 6, 2026

People walk amid stands selling merchandise supporting Brazil President Luiz Inácio Lula da Silva.

A WhatsApp channel called Lula’s Army grew from 50,000 to more than 10 million subscribers as Brazil’s president staged a historic comeback

By Anthony W. Pereira and The ConversationNovember 6, 2026

Delaware Chancery CourtP

Cloudflare’s appeal won’t fix what’s broken in Delaware’s Chancery Court

A vice chancellor, Travis Laster, sent his own ruling to the state Supreme Court. Boards shouldn’t read that as reassurance.

By Jeffrey Sonnenfeld and Steven TianNovember 5, 2026

Republicans made Hasan Piker their midterm villain. Now he’s suing Scott Jennings for $72.5 million

The Twitch streamer is seeking $72.5 million from CNN’s Scott Jennings over a spliced clip. His lawyer says Ted Cruz and others should “buckle up.”

By Emma WitmanNovember 5, 2026

Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices

The decision reverses a Staten Island judgment that ordered the city to redo its notices. Other legal challenges continue.

By Catherina GioinoNovember 4, 2026

States agreed to ‘fully, finally, and forever’ release Meta from claims they didn’t know existed — with $459 million for Cambridge Analytica claims

The judge also concluded the company failed to notify users about thousands of applications associated with data misuse.

By Emma L. Briant and The ConversationNovember 4, 2026

More in Politics

Voters cast their ballots at Ronald Wilson Reagan Elementary School in Omaha.

Nebraska voters block measures to legalize online sports betting, rejecting a campaign’s promise of $166 million in property tax relief

Nebraska voters narrowly rejected to legalize mobile sports betting in the state.

By Joshua HongNovember 6, 2026

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

“A ‘no’ vote doesn’t mean similar measures won’t ever be implemented.”

By Jason MaNovember 6, 2026

Trump admitted the Iran war and gas prices hurt Republicans. It was his version of the identity politics that cost Democrats 2024

Trump admitted on election night the war hurt Republicans. Gas is up 40% since it began, and tariffs cost families $1,000 a year.

By Catherina GioinoNovember 6, 2026

Prediction markets had a great election night: Now bettors are turning to which Trump officials could leave first

Pete Hegseth leads Polymarket’s odds for the next Cabinet departure, followed by Susie Wiles and Marco Rubio.

By Camila Grigera NaónNovember 6, 2026

More in Politics

Latest stories from Fortune

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Israelis hold final rally against Netanyahu ahead of what may be the most consequential election in the country’s history

Israelis hold final rally against Netanyahu ahead of what may be the most consequential election in the country’s history

By The Associated PressOctober 24, 2026

French police use tear gas and water cannons after some protests turn violent as shopkeepers board up storefronts across Paris

French police use tear gas and water cannons after some protests turn violent as shopkeepers board up storefronts across Paris

By Thomas Adamson, John Leicester and The Associated PressOctober 24, 2026

Georgia’s ‘foster care to billionaire’ GOP gubernatorial candidate calls his fortune ‘God’s money’ while spending $200 million on his campaign

Georgia’s ‘foster care to billionaire’ GOP gubernatorial candidate calls his fortune ‘God’s money’ while spending $200 million on his campaign

By Bill Barrow and The Associated PressOctober 24, 2026

France’s latest debt warning describes a country where governance is breaking down — and even doing too little, too late is barely possible

France’s latest debt warning describes a country where governance is breaking down — and even doing too little, too late is barely possible

By Jason MaOctober 24, 2026

Trump suggests U.S. warships ‘do a little stopover’ in Cuba after Iran war, while Rubio pushes Cubans toward a ‘discrete partnership with the CIA’

Trump suggests U.S. warships ‘do a little stopover’ in Cuba after Iran war, while Rubio pushes Cubans toward a ‘discrete partnership with the CIA’

By Meg Kinnard, Josh Boak and The Associated PressOctober 24, 2026

The data scientist who called Trump’s 2024 win now gives Democrats a 78% shot at the Senate

The data scientist who called Trump’s 2024 win now gives Democrats a 78% shot at the Senate

By Shawn TullyOctober 24, 2026

A person wearing all black throws a chair at a glass window in the midst of a riot.

Looters hit 3,000 French businesses. Within hours, the haul was trending on Vinted under the riot’s date

By Sasha RogelbergOctober 23, 2026

gen z

Gen Z’s ‘cockroach’ party is challenging Modi over 130 million deleted voter names

By Amrita Basu and The ConversationOctober 23, 2026

White House says Melania Trump brokered a Russia-Ukraine ceasefire—but just in one city

White House says Melania Trump brokered a Russia-Ukraine ceasefire—but just in one city

By The Associated Press and Ben FinleyOctober 23, 2026

Treasury proposes rule to crack down on AI, biotech investments greater than $50,000 in China, Russia and other ‘countries of concern’

Treasury proposes rule to crack down on AI, biotech investments greater than $50,000 in China, Russia and other ‘countries of concern’

By The Associated Press, Paul Wiseman and Didi TangOctober 23, 2026

‘It wasn’t me, and I don’t think it was Elon’: Trump and his cabinet send mixed messages about what led to Ukraine’s Starshield interruptions

‘It wasn’t me, and I don’t think it was Elon’: Trump and his cabinet send mixed messages about what led to Ukraine’s Starshield interruptions

By The Associated Press, Farnoush Amiri and Hanna ArhirovaOctober 23, 2026

Gianni Infantino, President of FIFA, applauds following the FIFA ASEAN CUP Division 2 final between Hong Kong and Cambodia at Kai Tak Stadium.

Just two months after accusing FIFA’s president of a ‘fundamental breach of trust,’ Asian soccer officials are backing him for another term

By Stephen Wade and The Associated PressOctober 23, 2026

data

We served opposing presidents, but we agree on how to fix the data-center mess

By Neil Chatterjee and Michael S. ReganOctober 23, 2026

Robinhood CEO Vlad Tenev stands on the floor of the New York Stock Exchange.

EXCLUSIVE: Robinhood bets $10 million on AI coding tool maker Cognition—after previously backing a rival

By Morgan ChittumOctober 23, 2026

The $18 billion Ford Foundation is getting its biggest overhaul since 2015 to fight autocracy—with about $700 million in grants expected in 2027

The $18 billion Ford Foundation is getting its biggest overhaul since 2015 to fight autocracy—with about $700 million in grants expected in 2027

By Sydney LakeOctober 23, 2026

Europe wants more than promises from American tech

By Margot Edelman and Camilo Lascano TribinOctober 23, 2026

Mark Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13%

Mark Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13%

By Catherina GioinoOctober 23, 2026

‘They are trying to intimidate us’: Indonesia’s Prabowo remains defiant in the face of an MSCI double downgrade

‘They are trying to intimidate us’: Indonesia’s Prabowo remains defiant in the face of an MSCI double downgrade

By Jay GanglaniOctober 22, 2026

Elon Musk, wearing a suit, frowns and looks to his right.

Judge: Federal government lawyers ‘barely defend’ giving Elon Musk’s DOGE illegal access to government data

By Sasha RogelbergOctober 22, 2026

U.S. President Donald Trump reacts during an event in the Oval Office of the White House.

‘Built on respect’: EU gives International Criminal Court its top human rights prize as U.S. sanctions threaten to cut it off

By The Associated Press, Lorne Cook and Mike CorderOctober 22, 2026

‘This effectively sets Russia far behind in the AI race’: Ukraine is wiping out data centers across the border

By The Associated PressOctober 22, 2026

Trucks are parked along the street during a truckers' protest in Naples, Italy, over high fuel prices.

Say cheese? Not in Italy, where a truckers’ strike has brought mozzarella production to a halt

By Giada Zampano and The Associated PressOctober 22, 2026

Taiwan blocks Grab’s $600 million Foodpanda deal, citing Uber’s 13.1% stake in the Southeast Asian super app

Taiwan blocks Grab’s $600 million Foodpanda deal, citing Uber’s 13.1% stake in the Southeast Asian super app

By Jay GanglaniOctober 22, 2026

Kathy Hochul defies her own party on Trump’s $26 billion school choice bet: ‘I’m not going to leave money on the table’

Kathy Hochul defies her own party on Trump’s $26 billion school choice bet: ‘I’m not going to leave money on the table’

By Lara Murray-SterzelOctober 22, 2026

Man in a suit and tie

Zuckerberg told Meta directors he might leave California, where he could lose billions to a wealth tax. Meta answered with a new class of stock

By Amanda GerutOctober 21, 2026

US Senator Susan Collins (R-ME) is seen before her debate with Democratic candidate for US Senate Troy Jackson at the Gracie Theatre in Bangor, Maine.

Republican Sen. Collins promotes her independence and ‘true blue-blooded Maine’-ness by partnering with ex-Dem. Joe Manchin and breaking from Trump

By The Associated Press and Patrick WhittleOctober 21, 2026

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin attends a meeting with US special envoy in Saint Petersburg.

Putin agrees ‘in principle’ to resume talks with Washington and Kyiv to end war in Ukraine—but still isn’t ‘fully satisfied’ with proposals

By The Associated PressOctober 21, 2026

U.S. President Donald Trump speaks during a campaign rally at Heartland Credit Union Arena.

‘It’s more than any president has ever spent’: Trump’s groups spent nearly $277 million on the midterms—and he still has $164 million left to spend

By The Associated Press, Jill Colvin and Thomas BeaumontOctober 21, 2026

Attorney General of New Mexico Raúl Torrez speaks during a rally organized by Accountable Tech and Design It For Us to hold tech and social media companies accountable for taking steps to protect kids and teens online on January 31, 2024 in Washington, DC.

New Mexico took on Meta alone and won a $25 billion judgment over Facebook’s privacy violations

By Mikella Schuettler and The Associated PressOctober 21, 2026

‘Give us a raise or let us save money’: California state workers go on strike over pay, healthcare, and Gavin Newsom’s return-to-work mandate

‘Give us a raise or let us save money’: California state workers go on strike over pay, healthcare, and Gavin Newsom’s return-to-work mandate

By The Associated Press, Sophie Austin and Terry CheaOctober 21, 2026

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Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

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By Eleanor PringleNovember 6, 2026

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

placeholder alt text

By Jason MaNovember 6, 2026

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

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By Catherina GioinoNovember 6, 2026

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