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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

1

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

2

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
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LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too

This year’s World Cup has been technified, but it’s time for other soccer leagues to catch up and bring it to their domestic clubs.

By Catherina GioinoJuly 20, 2026
A 13-year-old teenage boy looks at an iPhone screen displaying various social media apps.
French President Macron backs effort to ban kids under 15 from social media before departing office next year
By The Associated Press and Samuel PetrequinJuly 20, 2026
Photo of Hugging Face cofounder and CEO Clement Delangue.
Hugging Face says it resorted to a Chinese AI model to battle a fully autonomous cyberattack because U.S. model guardrails stymied its defense
By Emily ForliniJuly 20, 2026
uk
France wants to ban social media for kids — but Brussels says the bill breaks EU law
By Samuel Petrequin and The Associated PressJuly 20, 2026
Sumeet Agrawal is VP of Product Management (Data, AI Governance & Context Engineering for Agentic Systems) at Salesforce.
Salesforce VP on the leaky AI pipeline: why cheaper tokens won’t fix enterprise AI
By Sumeet AgrawalJuly 20, 2026
Artificial Intelligence technology and futuristic technology transformation
How CFOs can tell if AI is actually creating value
By Sheryl EstradaJuly 20, 2026
Fortune banner
Big Tech
More in Big Tech
Beyond rockets and satellites, SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation
Beyond rockets and satellites, SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation

Deals with Google and Anthropic to rent out computing capacity could generate $26 billion a year.

By Marco Quiroz-GutierrezJuly 19, 2026
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says

“I think those names are going to bounce later this year. So I don’t think that the trade is over.”

By Jason MaJuly 18, 2026
Netflix stock hits a 52-week low after earnings—but analysts say investors are missing the bigger picture

There may be a growth story brewing at Netflix that the market is missing.

By Sheryl EstradaJuly 17, 2026
Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders

The Nvidia CEO’s Tom Ford jacket, photomatched to a 2023 Taipei appearance, carried a $40,000-$60,000 estimate.

By Sydney LakeJuly 17, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Pharmacy technician Brandy Leroy fills a TPN bag using the ExactaMix Pro Automated Compounding System
The FDA’s peptide vote could create telehealth’s next multibillion-dollar market

As regulators weigh whether pharmacies can legally compound wellness peptides, companies are preparing for a repeat of the GLP-1 boom—only this time with even murkier science.

By Lily Mae LazarusJuly 20, 2026
Backed by Daymond John and Post Malone, this Afghan-born founder built a $150M brand. Her real mission: the women back home

Durana Elmi left Afghanistan as an infant. Decades later, the perspective she gained from afar shapes every call she makes at her supplement brand, Cymbiotika.

By Sydney LakeJuly 20, 2026
Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue

From permanent tattoos and drinking Boston dry, to a bar doing nearly 300% of weekly business in one night, the World Cup is helping small businesses.

By Catherina GioinoJuly 19, 2026
Prediction markets Swell to 27% of sports bets during World Cup

Kalshi, the biggest player, has repeatedly broken its own trading records during the World Cup.

By Nathaniel Popper, Chloe Cresswell and BloombergJuly 19, 2026
More in Startups & Venture
AI
More in AI
ryan
I’ve interviewed 700 leaders. The ones outsourcing their thinking to AI lose their best people first

There’s an old warning about AI for leaders, from the story Charlie Munger used to tell about Max Planck: “I’ll ask my chauffeur to reply.”

By Ryan HawkJuly 20, 2026
Korea’s AI-heavy market now sets the tone for global stocks

“We are all Korean investors now,” said Hani Redha, a London-based portfolio manager at PineBridge Investments.

By Winnie Hsu, Momoka Yokoyama, Masaki Kondo and BloombergJuly 19, 2026
A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast

“As long as AI doesn’t make this quantum leap of becoming sort of AGI,” most jobs are going to be reasonably safe, said one economist.

By Marco Quiroz-GutierrezJuly 19, 2026
MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce

CEOs who cut entry-level jobs risk long-term fallout, warns MIT’s Andrew McAfee—as IBM and Salesforce double down on Gen Z talent.

By Preston ForeJuly 19, 2026
More in AI
Innovation
More in Innovation
merck
The cholesterol shot you couldn’t afford is now a pill

The FDA has cleared Merck’s Lipfendra for patients whose artery‑clogging cholesterol remains high despite statins.

By Matthew Perrone and The Associated PressJuly 16, 2026
Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find

Federal investigators say a Model 3 in Katy, Texas was on Full Self-Driving (Supervised) when the driver slammed the accelerator to 100%.

By Bernard Condon and The Associated PressJuly 16, 2026
Meet the AI employee that convinced Sequoia to invest $45 million in Sable

Startup Sable says its AI agent acts like a sales engineer and onboarding specialist, helping companies like Notion and Decagon automate customer conversations.

By Lily Mae LazarusJuly 16, 2026
‘Japan’s excellence is a philosophy, a way of life’: Jensen Huang wants robots to take care of an aging society with a labor shortage

The push pairs Nvidia’s chips with Japan’s manufacturing giants Fanuc, Yaskawa and Kawasaki, backed by a $2.3 trillion national tech plan.

By Yuri Kageyama and The Associated PressJuly 16, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts

Fans looking to avoid paying for World Cup broadcasts are fueling a booming black market for stolen streaming accounts worth nearly $220 million, according to new research from HUMAN Security.

By Tatiana SatauaJuly 18, 2026
Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization

Airbnb CEO Brian Chesky appears to have been the target of a cyberattack, sources tell Fortune.

By Rachel VentrescaJuly 16, 2026
Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented

The study found bots even answer differently based on language too — ChatGPT calls China “not a democracy” in English, but hedges in Chinese.

By Didi Tang and The Associated PressJuly 16, 2026
‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met

It lasted for over 237 days and 10,449 messages, and she’s not alone: U.S. losses to romance scams hit $1.3 billion last year.

By Juliet Linderman and The Associated PressJuly 16, 2026
More in Cybersecurity
Latest stories from Fortune
U.S. military launches 10th straight night of airstrikes on Iran as Houthi allies threaten Red Sea, but glimmers of hope appear on diplomatic front
Energy
U.S. military launches 10th straight night of airstrikes on Iran as Houthi allies threaten Red Sea, but glimmers of hope appear on diplomatic front
By Jon Gambrell and The Associated PressJuly 20, 2026
Trump to impose 50% tariffs on most Canadian goods, invoking the ‘nuclear option’ that could unleash a new wave of economic chaos and inflation
Economy
Trump to impose 50% tariffs on most Canadian goods, invoking the ‘nuclear option’ that could unleash a new wave of economic chaos and inflation
By Josh Boak and The Associated PressJuly 20, 2026
Three women chop their way into the record books at Lumberjack World Championships
North America
Three women chop their way into the record books at Lumberjack World Championships
By The Associated Press and Ellen SchmidtJuly 20, 2026
President Donald Trump walks down the steps from Air Force One.
Politics
Trump admin attempted to uncover phone records of NYT journalists and sources related to coverage of Qatari-gifted Air Force One
By The Associated Press, Eric Tucker and Jocelyn NoveckJuly 20, 2026
Alaskan pilot Ken Jouppi sits in an aircraft hanger in front of a plane.
Law
A passenger brought a 6-pack of beer on an Alaskan pilot’s plane. He now has to defend his plane’s seizure in front of the Supreme Court
By The Associated Press and Michael KunzelmanJuly 20, 2026
Blue Owl Capital owns about a third of the Freedom Fuel properties: A look inside the $3.47 gas chain
North America
Blue Owl Capital owns about a third of the Freedom Fuel properties: A look inside the $3.47 gas chain
By Brian Slodysko, Michael Biesecker and Josh BoakJuly 20, 2026
FIFA President Gianni Infantino puts up a hand to show a thumbs up gesture at a World Cup game.
Environment
FIFA President Infantino spent over 100 hours in the air during the 2026 World Cup amid pledge to reduce carbon emissions
By The Associated Press and Rio YamatJuly 20, 2026
A hand types on a computer with a screen displaying the AliExpress logo from Google Images.
Retail
‘It is a failure by AliExpress’: European Commission fines the Chinese marketplace $629 million for not blocking counterfeit goods
By The Associated Press and Mike CorderJuly 20, 2026
More TechPage 34 of 100
gen z
AI
3 reasons kids hate AI—especially the ones who refuse to even try it
By Nick LichtenbergMay 20, 2026
  • Travelers walk past an Alibaba Cloud advertisement in China
    AI
    DeepSeek and China’s AI boom are increasingly powered by state money
    By Lily Mae LazarusMay 19, 2026
Accenture exec says the consulting giant is hiring more entry-level workers out of college compared to last year
Future of Work
Accenture exec says the consulting giant is hiring more entry-level workers out of college compared to last year
By Emma BurleighMay 20, 2026
cohen
Startups & Venture
Meet the brothers who turned a homegrown AI agent into a $12 million bet on the future of work — in six weeks
By Nick LichtenbergMay 20, 2026
Current price of Ethereum for May 20, 2026
Personal Finance
Current price of Ethereum for May 20, 2026
By Joseph HostetlerMay 20, 2026
Variational co-founders Edward Yu and Lucas Schuermann pose for a picture
Crypto
Variational raises $50 million Series A to bring liquidity from traditional markets to blockchain rails
By Jack KubinecMay 20, 2026
trader
Commentary
The 50-year-old law that governed every software company just broke. Here’s what replaces it
By Martin Casado and Abhishek NagarajMay 20, 2026
  • Yahoo Finance's AlphaSpace is live as of May 19.
    Investing
    Exclusive: Yahoo Finance is building a Bloomberg Terminal for everyone else
    By Nick LichtenbergMay 19, 2026
Exclusive: Circle cofounder raises $30 million for Series A ‘AI-native bank’ Catena Labs
Crypto
Exclusive: Circle cofounder raises $30 million for Series A ‘AI-native bank’ Catena Labs
By Ben WeissMay 20, 2026
FJ Campbell, MD, is chief medical officer at Ardent Health.
Commentary
A doctor shortage is coming. AI could be the only realistic fix
By FJ CampbellMay 20, 2026
Alex Israel crosses his arms
AI
How Metropolis built a $5 billion AI infrastructure company out of America’s parking problem
By Lily Mae LazarusMay 20, 2026
Alphabet CEO Sundar Pichai in Mountain View, California on May 19, 2026. (Photo: David Paul Morris/Bloomberg/Getty Images)
Newsletters
At Google I/O 2026, it’s AI, AI, and more AI
By Andrew NuscaMay 20, 2026
Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk
Cybersecurity
Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk
By Catherina GioinoMay 20, 2026
  • OpenAI CEO Sam Altman in Oakland, California, on May 12, 2026. (Photo: Josh Edelson/AFP/Getty Images)
    Newsletters
    Musk v. Altman: That’s all, folks
    By Andrew NuscaMay 19, 2026
Grab bets on new delivery robots to fix Singapore’s ‘supply-constrained markets’ and solve the last-mile problem
Asia
Grab bets on new delivery robots to fix Singapore’s ‘supply-constrained markets’ and solve the last-mile problem
By Angelica AngMay 20, 2026
How the multibillion dollar AI data center boom has transformed CBRE, the world’s largest commercial real estate company
Real Estate
How the multibillion dollar AI data center boom has transformed CBRE, the world’s largest commercial real estate company
By Sharon GoldmanMay 20, 2026
Why the AI field’s biggest names are betting billions on ‘world models’
Magazine
Why the AI field’s biggest names are betting billions on ‘world models’
By Sharon GoldmanMay 20, 2026
Google’s I/O conference showed how the company is being completely rebuilt for AI—for better or for worse
Big Tech
Google’s I/O conference showed how the company is being completely rebuilt for AI—for better or for worse
By Alexei Oreskovic and Sharon GoldmanMay 19, 2026
Bolt CEO Ryan Breslow
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
Svenja Gudell, Chief Economist, Indeed
Success
Indeed chief economist says the sectors most exposed to AI are seeing a big growth in job demand
By Emma BurleighMay 19, 2026
A Pizza Hut workers prepares an order for delivery.
Law
Pizza Hut franchisee claims $100 million losses from ‘cascading operational breakdowns’ in AI adoption gone wrong
By Sasha RogelbergMay 19, 2026
Santora gestures towards himself
Future of Work
WeWork and Upwork CEOs confirm the Gen Z hiring nightmare is real—but it’s nothing new
By Jacqueline MunisMay 19, 2026
U.S. President Donald Trump speaking at a podium flanked by signs that say "Winning the AI Race."
Newsletters
The times they are a-changin’: Washington suddenly warms to regulating AI
By Jeremy KahnMay 19, 2026
traffic
Future of Work
Goldman Sachs: The U.S. labor market is healthier now than when ChatGPT launched. Yes, really
By Nick LichtenbergMay 19, 2026
Photo of Andrej Karpathy
AI
Andrej Karpathy, OpenAI founding member and inventor of ‘vibe coding,’ defects to Anthropic
By Eva RoytburgMay 19, 2026
grantham
Big Tech
‘Blood in the streets’: Legendary investor Jeremy Grantham pulls back the curtain on the AI wars to reveal a ‘brutal, competitive world’
By Nick LichtenbergMay 19, 2026
‘This is what the consumer wants’: A new lawsuit about PFAS and other ‘forever chemicals’ is heating up the cookware industry
Big Tech
‘This is what the consumer wants’: A new lawsuit about PFAS and other ‘forever chemicals’ is heating up the cookware industry
By Catherina GioinoMay 19, 2026
Viktor co-founders standing together.
AI
Exclusive: AI startup Viktor raises $75 million to put a virtual ‘coworker’ in Slack and Teams
By Beatrice NolanMay 19, 2026
Allen Osgood, co-founder and CEO of Eisen, in front of the New York City skyline
Crypto
Eisen raises $18.5 million to help Americans recover forgotten funds before they are sent to state governments
By Jack KubinecMay 19, 2026
‘Change the World’ idealism is dying in Silicon Valley. We’ll miss it when it’s gone
Commentary
‘Change the World’ idealism is dying in Silicon Valley. We’ll miss it when it’s gone
By Jonathan WeberMay 19, 2026
young worker at desk
AI
Gen Z is over-relying on AI at work—and it could cost them their careers
By Jake AngeloMay 19, 2026
Parag Agrawal speaking onstage.
Big Tech
Parag Agrawal’s AI startup wants to pay publishers when AI agents use their work
By Beatrice NolanMay 19, 2026
Don’t hold your breath for the great AI job reshuffle, says Goldman Sachs—there’s little evidence of ‘too many coders and not enough plumbers’
Investing
Don’t hold your breath for the great AI job reshuffle, says Goldman Sachs—there’s little evidence of ‘too many coders and not enough plumbers’
By Eleanor PringleMay 19, 2026
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Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billionplaceholder alt text
By Sydney LakeJuly 20, 2026
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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimisticplaceholder alt text
By Jason MaJuly 18, 2026
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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stockplaceholder alt text
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