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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
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
By Phil WahbaNovember 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
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
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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
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Startups & Venture
More in Startups & Venture
The $13 billion startup racing to close America’s hypersonic gap
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
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
A prominent law firm is unraveling—but Palantir has an intriguing offer

Weil, Gotshal & Manges is preparing to wind down, leaving lawyers facing an uncertain future.

By Sheryl EstradaOctober 30, 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
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AI
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Dario Amodei
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
‘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
Fears over $828 billion AI capex spending spree help erase $1 trillion in market value

Five tech giants are set to spend as much as $828 billion this year on infrastructure as the AI race eats into cash flow and rattles Wall Street.

By Marco Quiroz-GutierrezOctober 31, 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
More in AI
Innovation
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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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Chinese open-source AI is starting to win over U.S. businesses
By Beatrice NolanAugust 27, 2026
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Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point
Crypto
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point
By Peter MintzbergAugust 27, 2026
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
Cybersecurity
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
Europe
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
By Kamal AhmedAugust 27, 2026
Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers
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Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers
By Sheryl EstradaAugust 27, 2026
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor
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David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor
By Allie GarfinkleAugust 27, 2026
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    AI
    Saudi brothers mint billion-dollar fortune from AI boom
    By Omar El Chmouri, Alexander Sazonov and BloombergAugust 26, 2026
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AI
Nvidia agrees to buy Hugging Face for $12.9 billion, reports
By Beatrice NolanAugust 27, 2026
Meta CEO Mark Zuckerberg leaves a federal courthouse after defending the company in a landmark social media addiction trial in Los Angeles on February 19, 2026. (Photo: Jon Putman/Anadolu/Getty Images)
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Meta pays the ultimate price
By Andrew NuscaAugust 27, 2026
At the Fortune Best Small and Medium Workplaces, people fuel growth
Future of Work
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By Ted Kitterman and Great Place To WorkAugust 27, 2026
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AI
Google DeepMind is losing its grip on elite AI talent, new data shows
By Beatrice NolanAugust 27, 2026
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre.
Innovation
SpaceX says it’s building its largest spaceport yet, committing $100 billion for a Louisiana site—adding to its list of billion-dollar expansion plans
By Joshua HongAugust 27, 2026
  • Bill Gates attend a meeting of Bloomberg at the Plaza Hotel on September 23, 2025 in New York City.
    Economy
    Bill Gates wants to tax robots to deter businesses from replacing humans with machines
    By Eleanor PringleAugust 26, 2026
Without local languages, ‘AI is essentially useless’: Hong Kong’s Votee AI is taking on English and Mandarin’s AI dominance with a Cantonese model 
Asia
Without local languages, ‘AI is essentially useless’: Hong Kong’s Votee AI is taking on English and Mandarin’s AI dominance with a Cantonese model 
By Nicholas GordonAugust 27, 2026
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Big Tech
Nvidia CEO Jensen Huang eats dinner with someone ‘and their stock price doubles the next day’
By Amanda GerutAugust 27, 2026
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The SaaSpocalypse that wasn’t – how Salesforce, Booking and IBM are thriving with AI 
By Jeffrey Sonnenfeld, Steven Tian and Stephen HenriquesAugust 26, 2026
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Big Tech
Nvidia gave its first-ever year-ahead forecast—a 70% growth bombshell meant to silence AI bubble critics and ‘circular financing’ doomsayers
By Amanda GerutAugust 26, 2026
Dolly Parton smiles at the camera with her hand up and fingers spread apart.
Crypto
Crypto traders turn Dolly Parton’s death into a memecoin frenzy
By Camila Grigera NaónAugust 26, 2026
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Big Tech
Nvidia doubles quarterly revenue to $96 billion and crushes Wall Street growth targets as CEO Jensen Huang says demand is accelerating
By Amanda GerutAugust 26, 2026
Don’t praise Meta ‘for what the court orders them to do’: Meta will only pay the full $17.1 billion settlement if TikTok and YouTube match it
Cybersecurity
Don’t praise Meta ‘for what the court orders them to do’: Meta will only pay the full $17.1 billion settlement if TikTok and YouTube match it
By Catherina GioinoAugust 26, 2026
OpenAI CEO Sam Altman
AI
OpenAI, independent firms publish reports on rogue AI attack on Hugging Face. Here are the main takeaways—and what OpenAI still hasn’t disclosed.
By Emily ForliniAugust 26, 2026
Dario Amodei, Anthropic CEO.
AI
Anthropic wants investors to believe its ‘total addressable market’ is worth $30 trillion—nearly the size of the entire US economy
By Beatrice NolanAugust 26, 2026
Meta’s $18 billion settlement leaves out the child protections New Mexico already won at trial, its Attorney General says
Law
Meta’s $18 billion settlement leaves out the child protections New Mexico already won at trial, its Attorney General says
By Catherina GioinoAugust 26, 2026
How David Tisch’s BoxGroup turned a $750K bet on Cursor into a $1 billion exit by breaking all the VC rules
Startups & Venture
How David Tisch’s BoxGroup turned a $750K bet on Cursor into a $1 billion exit by breaking all the VC rules
By Allie GarfinkleAugust 26, 2026
ChatGPT can now search years of your texts—but security experts are most worried about the people who never opted in
Cybersecurity
ChatGPT can now search years of your texts—but security experts are most worried about the people who never opted in
By Tatiana SatauaAugust 26, 2026
A logo of the company Scalable Capital. Scalable has been operating a platform for private investors since 2015.
Investing
A major German bank just let Claude and ChatGPT trade for customers. In one test, Claude beat human traders 76% of the time—but there’s a catch
By Joshua HongAugust 26, 2026
Matthew Kalish (left), Paul Liberman (middle), and Jason Robins (right), hold up a football with the DraftKings logo printed on it.
North America
Exclusive: Struggling DraftKings awards $30 million marketing contract to cofounder who recently stepped down
By Camila Grigera NaónAugust 26, 2026
How Cigna’s AI chief is investing in the technology to cut costs and address some of health care’s biggest problems
Newsletters
How Cigna’s AI chief is investing in the technology to cut costs and address some of health care’s biggest problems
By John KellAugust 26, 2026
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AI
‘It’s very objective’: Billionaire Marc Lore’s Wonder uses an AI algorithm to determine who gets promoted
By Mia OsmonbekovAugust 26, 2026
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Big Tech
Meta’s $17 billion child-safety settlement is the biggest tech payout ever—or 3x what it paid to acquihire a 28-year-old AI superstar
By Nick LichtenbergAugust 26, 2026
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., exits Los Angeles Superior Court in Los Angeles, California, US.
Cybersecurity
Meta’s $17.1 billion settlement will be over 12-times larger than the second largest big tech privacy settlement in the past four years
By Joshua HongAugust 26, 2026
Pro-Russian group claims credit for biggest-ever hack on Norway government services after $9.2 billion pledge to Ukraine
Cybersecurity
Pro-Russian group claims credit for biggest-ever hack on Norway government services after $9.2 billion pledge to Ukraine
By The Associated PressAugust 26, 2026
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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 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
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Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and waterplaceholder alt text
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