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Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

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If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

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Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

1

Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

2

If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

3

Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water
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Palmer Luckey, founder of Anduril Industries
As Sergey Brin, Larry Page and the ultra-rich flee California, one 34-year-old tech billionaire is ‘not running’—he ‘wants to fight’ for the state

Oculus VR and Anduril cofounder Palmer Luckey, worth $5.9 billion, opposes the proposed tax hike but is opting to stay: “California is something special.”

By Emma BurleighNovember 2, 2026
Dario Amodei
Anthropic’s growth slowed and costs jumped in the third quarter, updated IPO filing shows
By Beatrice NolanNovember 2, 2026
Voters cast ballots at a polling station in Anchorage, Alaska
‘A major risk to the global economy’: BofA warns about the AI boom the day before a midterm vote framed around data-center backlash
By Nick LichtenbergNovember 2, 2026
Binance will survive the $6.3 billion hack—but this is the start of a terrifying new era
Binance will survive the $6.3 billion hack—but this is the start of a terrifying new era
By Jeff John RobertsNovember 2, 2026
The Meta headquarters in Menlo Park, California, US.
S&P’s negative outlook on Meta underscores the risks of the AI spending boom
By Sheryl EstradaNovember 2, 2026
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Big Tech
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Billionaire Sergey Brin is building political infrastructure that will last beyond his $102 million fight against Prop 40

Building a Better California is spending on more than just the wealth tax.

By Joshua HongNovember 2, 2026
While Americans turn against data centers, Brazil offers tax breaks and cheap power, representing a potential ‘release valve’ for U.S. constraints

The government is cutting taxes on data center equipment as Google, Amazon and Microsoft expand in a country already hungry for AI services.

By Mia OsmonbekovNovember 1, 2026
AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization

S&P Global cut its outlook on Meta to “negative” from “stable” late Friday.

By Jason MaOctober 31, 2026
Why Wendy’s is losing the burger wars—and is now a takeover target for Nelson Peltz

Its new CEO says Wendy’s has let quality slip and now it has fallen behind Burger King to No. 3 in the burger wars.

By Phil WahbaNovember 1, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Wholesale marketplace Faire survived the ‘fog of crazy valuations.’ Now, it’s eyeing an IPO
Wholesale marketplace Faire survived the ‘fog of crazy valuations.’ Now, it’s eyeing an IPO

Faire, the venture-backed online wholesale market, is eyeing a potential IPO in the next 12 months.

By Phil WahbaNovember 2, 2026
The $13 billion startup racing to close America’s hypersonic gap

Castelion is racing to give the U.S. the affordable hypersonic missile it doesn’t yet have.

By Allie GarfinkleOctober 31, 2026
Gen Z doesn’t think their degrees will land them work anymore, so they’re becoming their own bosses instead—and these college towns are thriving

As AI upends the job market, exclusive GoDaddy data finds a new wave of entrepreneurial activity taking root in some lesser-known college towns.

By Preston ForeOctober 30, 2026
Waymo’s backers valued it at $126 billion. The Alphabet division that houses it brought in $372 million last quarter—and lost $2.05 billion

Other Bets lost $5.50 for every $1 of revenue in Q3 2026.

By Joshua HongOctober 30, 2026
More in Startups & Venture
AI
More in AI
The AI boom is facing another supply crunch. This time it’s the amount of capital available to feed Silicon Valley’s endless need for cash
The AI boom is facing another supply crunch. This time it’s the amount of capital available to feed Silicon Valley’s endless need for cash

“Now, another concern is moving to the forefront: Does enough capital even exist to finance everyone’s ambitious AI spending plans?”

By Jason MaNovember 2, 2026
Anthropic’s potential $2 trillion IPO could turn staff into millionaires—but the AI firm is asking candidates what they’d do if stock fell to zero

With an IPO looming, Anthropic CEO Dario Amodei—who has a net worth of $13.6 billion—has reportedly expressed concerns that AI workers are prioritizing money over mission.

By Preston ForeNovember 1, 2026
Tech stocks just lost more than $1 trillion in a day—a gothic horror test for the ‘moats’ Warren Buffett taught Wall Street to love

Jamie Dimon’s “fortress” and Warren Buffett’s “moat” come from the same place as Dracula’s castle, and this week AI put both to the test.

By Nick LichtenbergOctober 31, 2026
‘The best thing that you can do for your career is to make yourself redundant’: Inside Stellantis’ AI push after the ‘starting gun went off’

That’s the advice of Stellantis’ CTO, who plans to hire hundreds more anyway. AI is shrinking weeks into days, but it can’t tell you what car to make.

By Nick LichtenbergNovember 1, 2026
More in AI
Innovation
More in Innovation
Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering
Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering

Eight of Gen Z’s 10 most commonly driven models are sedans, new data shows. Affordability is a big reason, and Ford and GM, which abandoned the segment, are reconsidering.

By Bilin LinNovember 1, 2026
Why Big Tech earnings are a crucial report card for the AI boom and its future

Two things were clear from Alphabet, Microsoft and Amazon earnings: AI demand is hot, and spending on it is monstrous.

By Morgan ChittumOctober 30, 2026
Mistral says its new model, Large 4, achieves ‘frontier’ performance among open models for agentic coding and cyber defense

The French startup says its new trillion-parameter model is the best open model built in the West, and is pitching it to businesses worried about losing access to closed AI.

By Beatrice NolanOctober 29, 2026
The Pentagon and Britain are bracing for the power to go out. The ultrawealthy got there first, with backup generators, escape homes, and stockpiles

From Mark Zuckerberg’s Hawaii compound to Miami buyers who won’t consider a house without a generator, the rich have been planning for outages for years.

By Sydney LakeOctober 30, 2026
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Cybersecurity
More in Cybersecurity
A woman walks through an empty supermarket freezer aisle.
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

More than half a dozen U.S. military commissaries experienced refrigeration failure in August, and cybersecurity experts suspect a possible connection.

By Sasha RogelbergNovember 1, 2026
The $6.3 billion Binance hack: What we know so far about the biggest crypto heist in history [Updated]

There are unconfirmed reports North Korea is behind the massive hack.

By Jeff John RobertsOctober 30, 2026
Anthropic spent $2.75 million guarding Dario Amodei last year—more than 4 times his salary, but a fraction of Mark Zuckerberg’s security bill

Threats against AI executives jumped sevenfold this year. Anthropic’s IPO filing shows what it costs to keep its cofounders safe.

By Bilin LinOctober 29, 2026
‘The assertion that the AI is an autonomous being is insane’: Cyber expert says companies should face criminal charges when their AI hacks

From a decade-old PHP flaw to AI agents going off script, a wave of incidents this month shows how AI has handed attackers an edge.

By Shae LakeOctober 29, 2026
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AI
Temu spent up to $962 million on ads that helped finance an army of fake creators on Meta platforms, research claims
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Success
31-year-old millionaire has zero sympathy for unemployed Gen Z’s ‘excuses’—he says ‘it is scarily easy’ to build a business and get rich right now
By Orianna Rosa RoyleAugust 31, 2026
Woman AI worker disappointed
Success
Women only accounted for 26% of hires in jobs with AI skills—and they could be missing out on a $100K salary difference
By Emma BurleighAugust 31, 2026
Apple’s John Ternus era: Can a low-key engineer win the AI race?
Magazine
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Big Tech
Shein CEO’s wealth slumps $15 billion after whittled-down IPO
By Dave Sebastian, Pui Gwen Yeung and BloombergAugust 30, 2026
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
AI
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
By Jason MaAugust 30, 2026
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
Innovation
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
By Marcia Dunn and The Associated PressAugust 30, 2026
amy
AI
Why the AI economy is like a bad dating app — drowning in decks, pilot purgatory — and it’s playing out like the dotcom bubble, except worse
By Nick LichtenbergAugust 30, 2026
With ‘virtual speed bumps,’ these cities have reduced crashes by rewarding slower drivers with fewer red lights
North America
With ‘virtual speed bumps,’ these cities have reduced crashes by rewarding slower drivers with fewer red lights
By Jeff McMurray and The Associated PressAugust 29, 2026
  • Moonshot AI logo.
    Newsletters
    Chinese open-source AI is starting to win over U.S. businesses
    By Beatrice NolanAugust 27, 2026
Trump backlash adds new risks to the stocks the government owns
Investing
Trump backlash adds new risks to the stocks the government owns
By Norah Rami, Matthew Griffin and BloombergAugust 29, 2026
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
Health
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
By Avalon Pernell, Lisa Pham and BloombergAugust 29, 2026
Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich
Big Tech
Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich
By Marco Quiroz-GutierrezAugust 29, 2026
A man with a headset sits at a desk in a call center.
Economy
The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing
By Sasha RogelbergAugust 29, 2026
altman
AI
ChatGPT said you’d lose your jobs right now — it’s more like 3% of workers
By Jeffrey C. Dixon and The ConversationAugust 29, 2026
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Cybersecurity
Meta’s $17 billion teen safety settlement is really a 1% tax — and a play to box in TikTok and YouTube
By Carolina Rossini and The ConversationAugust 28, 2026
Flock is going from the center of the surveillance debate to bipartisan target in record time
Cybersecurity
Flock is going from the center of the surveillance debate to bipartisan target in record time
By Catherina GioinoAugust 28, 2026
Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
Personal Finance
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes
By Sasha RogelbergAugust 28, 2026
This billionaire Stanford dropout built a software empire—and says an MBA teaches ‘a fraction’ of what starting a company does
Success
This billionaire Stanford dropout built a software empire—and says an MBA teaches ‘a fraction’ of what starting a company does
By Sydney LakeAugust 28, 2026
p
AI
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal
By Kaitlyn Huamani and The Associated PressAugust 28, 2026
Hugging Face CEO Clément Delangue on Capitol Hill on September 13, 2023. (Tom Williams/CQ-Roll Call/Getty Images)
Newsletters
What Hugging Face means for Nvidia
By Andrew NuscaAugust 28, 2026
Nvidia CEO Jensen Huang talks to members of the press as he leaves the Hart Senate Office Building on July 28, 2026 in Washington, DC.
Future of Work
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout
By Eleanor PringleAugust 28, 2026
Woman in a blazer
Newsletters
Deloitte sees a $566 billion lunar economy by 2050
By Amanda GerutAugust 28, 2026
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money
Personal Finance
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money
By Sydney LakeAugust 28, 2026
A trader works on the floor of the New York Stock Exchange.
Investing
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone
By Sheryl EstradaAugust 28, 2026
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia
Crypto
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia
By Angelica AngAugust 28, 2026
newsom
Politics
A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax
By Mia OsmonbekovAugust 27, 2026
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life
AI
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life
By Emily ForliniAugust 27, 2026
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names
Cybersecurity
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names
By Marco Quiroz-GutierrezAugust 27, 2026
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Cybersecurity
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military basesplaceholder alt text
By Sasha RogelbergNovember 1, 2026
Economy
If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists sayplaceholder alt text
By Jason MaOctober 31, 2026
North America
Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and waterplaceholder alt text
By Bilin LinOctober 26, 2026
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