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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

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Current price of oil as of June 12, 2026

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

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Current price of oil as of June 12, 2026
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Anthropic cofounder and CEO Dario Amodei pictured in profile.
Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access

The directive would even bars Anthropic’s own foreign employees from using Fable and Mythos. Anthropic called the government position “a misunderstanding”.

By Jeremy KahnJune 13, 2026
Courtney Robinson, head of policy and communications, at Akoya speaks on a panel at Fortune Brainstorm Tech 2026.
AI shopping agents are coming. No one is ready for them
By Jeremy KahnJune 12, 2026
AI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
AI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
By Amanda GerutJune 12, 2026
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Despite his new trillionaire status, Elon Musk says money ‘will stop being relevant’ in the future because of AI
By Sasha RogelbergJune 12, 2026
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Founders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO
By Allie GarfinkleJune 12, 2026
Sven Gerjets, chief technology officer at Gap, speaks on stage on a panel at Fortune Brainstorm Tech 2026.
Why companies are treating AI as a strategic partner rather than a passive technology, and how to avoid an ‘AI hangover’
By Sebastian HerreraJune 12, 2026
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Big Tech
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Elon Musk
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 12, 2026
Your AI is already setting prices. The real question is who sets the rules

The rules your AI is following need to be rules you would stand behind—in front of your customers, your board, and even a congressional hearing.

By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

By Jack Kubinec and Ben WeissJune 11, 2026
You can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’

A recent NBER paper noted the link between iPhone sales and declining births could be the result of more time spent on devices, and less time connecting.

By Sasha RogelbergJune 12, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for

The chatbot will be rolled out to more users in the coming weeks.

By Dave Lozo and Morning BrewJune 12, 2026
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’

A combined SpaceX-Tesla could be worth more than $3 trillion.

By Marco Quiroz-GutierrezJune 12, 2026
Elon’s wealth: 1 trillion dollar bills would stretch 97 million miles, to the moon and back over 200x

If $1 trillion was divided among the entire population, each person would receive almost $122.

By Wyatte Grantham-Philips and The Associated PressJune 12, 2026
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’

“The chamber of dispersion has been opened,” Owen Lamont says. “The beast of volatility has awakened, and the season of chaos is at hand.”

By Nick LichtenbergJune 12, 2026
More in Startups & Venture
AI
More in AI
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows

AI is one of five potential drivers of health costs climbing up to 9% in 2027, according to PwC.

By Whizy Kim and Tech BrewJune 12, 2026
Machine learning gives the U.S. a 1% chance of winning the World Cup final in its own backyard

The algorithm that predicted the U.S. would win the 2019 Women’s World Cup just released Its 2026 men’s picks.

By Achim Zeileis and The ConversationJune 12, 2026
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO

From a prop trader who bet “a car” to an early investor sitting on $300 million, the sidewalk outside the Nasdaq represented everyone in the AI market.

By Eva RoytburgJune 12, 2026
AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs

Speaking at Fortune Brainstorm Tech, the internet pioneer described himself as a “huge optimist” about AI’s benefits but warned that the risks are real and predicted the backlash will play out in the 2028 U.S. elections.

By Amanda GerutJune 12, 2026
More in AI
Innovation
More in Innovation
With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’
With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’

SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.

By Jason MaJune 12, 2026
Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire

Musk’s new title arrives amid a wider acceleration for the richest of the rich whose level of wealth was once unfathomable

By The Associated Press and Wyatte Grantham-PhilipsJune 12, 2026
Aliens are so mainstream the Catholic Church just fired an exorcist for saying UFOs are demons

JD Vance agrees with the exorcist. The Pope waxes poetic about the galaxies. A religion scholar sees UFOs as the best thing to happen to faith in years.

By Krysta Fauria and The Associated PressJune 12, 2026
Elon Musk, the trillionaire: pay packets go multi-planetary in SpaceX IPO

The largest IPO in history raised $75 billion Friday despite $8.7B in losses since 2025. Did your pension boost the “significantly overvalued” stock?

By Bernard Condon and The Associated PressJune 12, 2026
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Cybersecurity
More in Cybersecurity
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy

At Fortune Brainstorm Tech, executives said that finding value from AI starts with strategy and continues with process reinvention.

By Jeremy KahnJune 11, 2026
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns

Anthropic’s latest model previously downgraded certain user requests quietly and without warning.

By Marco Quiroz-GutierrezJune 11, 2026
Canada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’

New legislation puts the burden of proof on companies — not parents — to demonstrate their platforms are safe, mirroring Australia’s ban.

By Rob Gillies and The Associated PressJune 11, 2026
Westchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says

A class action lawsuit alleges the county shared years of motorist travel data with 50+ agencies including ICE, with no public authorization.

By Byron Tau and The Associated PressJune 11, 2026
More in Cybersecurity
Latest Stories
‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
North America‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
By Catherina GioinoJune 12, 2026
Liability Car Insurance Explained: What It Covers and How Much You Need
Personal FinanceLiability Car Insurance Explained: What It Covers and How Much You Need
By Joseph HostetlerJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?
Personal FinanceSecured debt vs. unsecured debt: What’s the difference?
By Joseph HostetlerJune 12, 2026
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
EnergyU.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
By Jordan BlumJune 12, 2026
gavin
North AmericaNewsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
By Benjamin F. Henwood and The ConversationJune 12, 2026
ss
Commentary‘Soccernomics’ co-author: FIFA’s ticket strategy isn’t price discovery, it’s a wealth filter
By Stefan Szymanski and The ConversationJune 12, 2026
arms
HealthYou probably think you’re a really open-minded person, but the real thing raises your death anxiety
By Daryl Van Tongeren and The ConversationJune 12, 2026
fla
EnvironmentFlorida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
By The ConversationJune 12, 2026
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markets
EconomyAI displacement trade rocks stocks again as Wall Street searches for next sector to price downward
By Stan Choe and The Associated PressFebruary 13, 2026
  • gunman
    LawGoogle’s breakthrough in the Nancy Guthrie case is raising uncomfortable questions about how much it’s watching you
    By Ashley LutzFebruary 11, 2026
A woman on the street holding a carboard sign reading, "We say NO to the data center"
EnergyMiddle-class Americans are paying for the data center and AI boom with higher electric bills and even food costs, Goldman Sachs warns
By Sasha RogelbergFebruary 13, 2026
Salesforce founder and CEO Marc Benioff on stage, scowling.
NewslettersA scary SaaS selloff changes the calculus for startups and private markets: “code alone was never a real moat”
By Allie GarfinkleFebruary 13, 2026
black cat bad luck
InvestingFriday the 13th brings global selloff in stocks and gold as AI fear grips markets
By Jim EdwardsFebruary 13, 2026
Anthropic raises $30 billion—and shows there’s no end in sight to the AI arms race
NewslettersAnthropic raises $30 billion—and shows there’s no end in sight to the AI arms race
By Alexei OreskovicFebruary 13, 2026
Sam Altman’s fusion startup Helion Energy hits 150 million degree plasma temperature—a milestone that could bring first grid power in 2028
EnergySam Altman’s fusion startup Helion Energy hits 150 million degree plasma temperature—a milestone that could bring first grid power in 2028
By Jordan BlumFebruary 13, 2026
  • Demis Hassabis
    AIGoogle’s Nobel-winning AI leader sees a ‘renaissance’ ahead—after a 10- or 15-year shakeout
    By Nick LichtenbergFebruary 11, 2026
Why Singapore’s prime minister gave DBS and Grab a shout-out during the country’s budget speech
AsiaWhy Singapore’s prime minister gave DBS and Grab a shout-out during the country’s budget speech
By Angelica AngFebruary 13, 2026
Man wearing glasses and a sweatshirt.
C-SuiteWorkday shed $40 billion in value. Cofounder Aneel Bhusri is back with a $139 million bet he can turn it around
By Amanda GerutFebruary 13, 2026
Mosseri walks away from courthouse
Big TechInstagram boss reveals he’s paid $900K per year plus stock worth ‘tens of millions of dollars’ as he denies ‘addiction’ claims
By Jacqueline MunisFebruary 12, 2026
shumer
AIMatt Shumer’s viral blog about AI’s looming impact on knowledge workers is based on flawed assumptions
By Jeremy KahnFebruary 12, 2026
A laptop displaying the OpenClaw logo
CybersecurityOpenClaw is the bad boy of AI agents. Here’s why security experts say you should beware
By Sharon GoldmanFebruary 12, 2026
  • Steelcase’s CTO says the AI boom will reshape office design
    NewslettersSteelcase’s CTO says the AI boom will reshape office design
    By John KellFebruary 11, 2026
Markus Persson
SuccessBillionaire founder of Minecraft slams anyone advocating using AI to write code as ‘incompetent or evil’
By Preston ForeFebruary 12, 2026
Demis Hassabis, chief executive officer of Google DeepMind
SuccessThe CEO of Google DeepMind juggles another job as the founder of a multibillion-dollar startup by starting a second workday at 10 p.m.
By Emma BurleighFebruary 12, 2026
Jeff Bezos waving to a crowd and stepping on to a small boat in Venice
North AmericaThe tech billionaires aren’t just grabbing trophy Florida mansions—they have competing half-billion-dollar megayachts jostling for dock space
By Tristan BoveFebruary 12, 2026
BitGo’s CEO just took his company public—and thinks the IPO process could be improved with blockchain
CryptoBitGo’s CEO just took his company public—and thinks the IPO process could be improved with blockchain
By Jeff John RobertsFebruary 12, 2026
Deepmind CEO
AIGoogle Gemini boss describes working with founders Larry Page and Sergey Brin to win the AI future
By Nick LichtenbergFebruary 12, 2026
betsy atkins
CommentaryWhy PayPal’s board chose to act early—and what other boards can learn
By Betsy AtkinsFebruary 12, 2026
gelernter
LawThe same Yale professor who got wounded by a Unabomber attack wrote to Epstein about a ‘v small good-looking blonde’
By Dave Collins and The Associated PressFebruary 12, 2026
taiwan
AI‘We do not believe this is a bubble’: Taiwan’s 23 million people see a high-flying economy with one major risk
By Chan Ho-Him and The Associated PressFebruary 12, 2026
softbank
Banking‘Our investments are beginning to pay off’: AI boom brings SoftBank back into the black
By Yuri Kageyama and The Associated PressFebruary 12, 2026
How HPE’s CFO used AI to transform the 100-slide Monday meeting her team spent all week preparing for
C-SuiteHow HPE’s CFO used AI to transform the 100-slide Monday meeting her team spent all week preparing for
By Sheryl EstradaFebruary 12, 2026
mosseri
LawInstagram chief grilled over his previous use of ‘addiction’ to describe smartphones
By Kaitlyn Huamani, Barbara Ortutay and The Associated PressFebruary 12, 2026
Exclusive: Seligman Ventures debuts with $500 million and a new model for the blurring line between public and private markets
NewslettersExclusive: Seligman Ventures debuts with $500 million and a new model for the blurring line between public and private markets
By Allie GarfinkleFebruary 12, 2026
The CEO of Capgemini has a warning: You might be thinking about AI all wrong 
EuropeThe CEO of Capgemini has a warning: You might be thinking about AI all wrong 
By Kamal AhmedFebruary 12, 2026
Elon Musk reorgs xAI amid talent X-odus
NewslettersElon Musk reorgs xAI amid talent X-odus
By Alexei OreskovicFebruary 12, 2026
Salman Khan
AIThe godfather of AI predicts mass unemployment is on its way. This CEO warns even a 10% reduction ‘will feel like a depression’
By Jake AngeloFebruary 12, 2026
Chinese platforms like Xiaohongshu look to Southeast Asia as the U.S. applies more scrutiny
Big TechChinese platforms like Xiaohongshu look to Southeast Asia as the U.S. applies more scrutiny
By Angelica AngFebruary 12, 2026
Mark Zuckerberg is joining Jeff Bezos in Miami’s billionaire bunker: Take a look inside his real estate portfolio
Real EstateMark Zuckerberg is joining Jeff Bezos in Miami’s billionaire bunker: Take a look inside his real estate portfolio
By Marco Quiroz-GutierrezFebruary 12, 2026
President Donald Trump pictured in front of a waving American flag.
EconomyTrump’s immigration curbs will help take 2.4 million people out of the workforce, but he’s betting AI can pick up the slack
By Tristan BoveFebruary 11, 2026
Suburban homes
EconomyThe 45-year decline of the middle class costs you $12,000 a year
By Jake AngeloFebruary 11, 2026
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Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
Personal Finance
Current price of oil as of June 12, 2026placeholder alt text
By Joseph HostetlerJune 12, 2026
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