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Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich

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Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEO

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DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, 'we’d have to conduct a séance'

1

Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich

2

Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEO

3

DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, 'we’d have to conduct a séance'
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Trump backlash adds new risks to the stocks the government owns
Trump backlash adds new risks to the stocks the government owns

Market strategists see rising risks of the administration’s equity positions facing scrutiny in Washington and the courts.

By Norah Rami, Matthew Griffin and BloombergAugust 29, 2026
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
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
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
altman
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
A man with a headset sits at a desk in a call center.
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
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Big Tech
More in Big Tech
mz
Meta’s $17 billion teen safety settlement is really a 1% tax — and a play to box in TikTok and YouTube

The deeper lesson of is that product design, as a site of legal accountability, is a workable legal strategy.

By Carolina Rossini and The ConversationAugust 28, 2026
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

Dr. Herbert A. Wertheim, an optometrist and philanthropist with a $4.8 billion net worth, bought the EV earlier this month. It had a presale estimated cost of $1.1 million.

By Sasha RogelbergAugust 28, 2026
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone

RSP has topped $100 billion in assets as it outpaces a cap-weighted S&P 500 that’s exposed when Big Tech stumbles.

By Sheryl EstradaAugust 28, 2026
‘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

“I love the heck out of Bill … but I don’t see what he sees,” Huang said.

By Eleanor PringleAugust 28, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Woman in a blazer
Deloitte sees a $566 billion lunar economy by 2050

But a market that doesn’t exist yet could yield an even larger payoff.

By Amanda GerutAugust 28, 2026
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia

The Stripe-owned company sees potential in Asia, where trade-heavy economies need faster cross-border payment rails.

By Angelica AngAugust 28, 2026
Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers

Other customer segments are growing faster than the cloud giants that once dominated Nvidia’s sales.

By Sheryl EstradaAugust 27, 2026
A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax

Ned Wigglesworth once blasted big donors for buying influence. Today, he’s helping lead a nine-figure campaign against Prop. 40

By Mia OsmonbekovAugust 27, 2026
More in Startups & Venture
AI
More in AI
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Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal

Anthropic has also filed a separate and narrower case that is still pending in the federal appeals court in Washington, D.C. 

By Kaitlyn Huamani and The Associated PressAugust 28, 2026
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life

The Model Hardware Standard (MHS) works with any AI model, not just Claude, but for now only a handful of companies can access the research preview.

By Emily ForliniAugust 27, 2026
The AI Odyssey: How a primal fear from the Ancient Greek world has been awakened by new technology

Long before chatbots, the Greeks built an entire philosophy around the anxiety that rules 2026. We are all Odysseus, sailing through the the sirens’ call.

By Nick LichtenbergAugust 27, 2026
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names

OpenAI claims Russian users hid behind VPNs to push a think tank tied to an influence operation and spread pro-Russia content online.

By Marco Quiroz-GutierrezAugust 27, 2026
More in AI
Innovation
More in Innovation
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’

Defense spending is resurrecting an engineering and manufacturing base many believed had gone forever, with the U.K., France and Germany home to world-leading defense companies.

By Kamal AhmedAugust 27, 2026
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor

How BoxGroup and David Tisch hit it big with a once-unlikely bet.

By Allie GarfinkleAugust 27, 2026
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

Louisiana is getting a taste of Musk’s big ideas as they get a part of the CEO’s billions-of-dollar-plans to bring humanity to space.

By Joshua HongAugust 27, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Flock is going from the center of the surveillance debate to bipartisan target in record time
Flock is going from the center of the surveillance debate to bipartisan target in record time

Two Arizona cities cut ties with the license-plate reader camera company hours apart, as Senators Sanders and Hawley took aim from Washington.

By Catherina GioinoAugust 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

As tap-to-pay makes street donations effortless, fraudsters are quietly inflating charges.

By Sydney LakeAugust 28, 2026
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement

Arturo Béjar, a former Meta engineering director, said the settlement is a “significant milestone,” but “it allows Meta to define harm.”

By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point

The CEO of Grayscale explains why the market volatility of the last 18 months barely matters in light of a broader sea change underway in finance.

By Peter MintzbergAugust 27, 2026
More in Cybersecurity
Latest stories from Fortune
Europe’s summer drought is so extreme that desertification is a growing threat
Environment
Europe’s summer drought is so extreme that desertification is a growing threat
By Marko Drobnjakovic, Jovana Gec and The Associated PressAugust 29, 2026
The Earth is sizzling, but ‘climate hushing’ is hot right now among Democrats. ‘People are increasingly freaked out about other issues’
Environment
The Earth is sizzling, but ‘climate hushing’ is hot right now among Democrats. ‘People are increasingly freaked out about other issues’
By Nicholas Riccardi, Jennifer McDermott, Leah Willingham and The Associated PressAugust 29, 2026
New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests
Middle East
New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests
By Jason MaAugust 29, 2026
Key takeaways from the Fed’s annual Jackson Hole conference
Economy
Key takeaways from the Fed’s annual Jackson Hole conference
By Maria Eloisa Capurro, Jason Ma, Enda Curran, Alexander Weber and BloombergAugust 29, 2026
Trump cannot deport students for criticizing Israel, judge rules, saying speech and press freedoms are ‘foundational to America’s enduring democracy’
Law
Trump cannot deport students for criticizing Israel, judge rules, saying speech and press freedoms are ‘foundational to America’s enduring democracy’
By The Associated PressAugust 29, 2026
‘Long after President Trump is gone, it will still be called Lake Ontario’ — Premier Doug Ford fires back at ‘Lake America’ decree with giant sign
North America
‘Long after President Trump is gone, it will still be called Lake Ontario’ — Premier Doug Ford fires back at ‘Lake America’ decree with giant sign
By Rob Gillies and The Associated PressAugust 29, 2026
Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury
Economy
Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury
By Jason MaAugust 29, 2026
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solomon
C-Suite
Exclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year
By Nick LichtenbergJune 8, 2026
  • trump
    Politics
    MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership
    By Nick LichtenbergJune 5, 2026
Bending Spoons, the Italian app acquirer behind AOL, Evernote, Vimeo, and WeTransfer, files for a U.S. IPO
Startups & Venture
Bending Spoons, the Italian app acquirer behind AOL, Evernote, Vimeo, and WeTransfer, files for a U.S. IPO
By Catherina GioinoJune 8, 2026
Sarah Franklin, Chief Executive Officer of Lattice, and Francine Katsoudas, EVP and Chief People, Policy and Purpose Officer at Cisco, speak at Fortune's COO Summit with Kristin Stoller, Editorial Director at Fortune.
Newsletters
AI disruption arrived 6 years early—now executives are drawing the line
By Kristin StollerJune 8, 2026
from left to right: Omer Gull, Yuval Itzchakov, and Yossi Torati
Cybersecurity
Why Lightspeed and Wiz’s Assaf Rappaport bet $37 million on an AI-powered cyberattacker
By Lily Mae LazarusJune 8, 2026
In this AI-driven world, Todd Boehly has spotted the best test for leadership. Someone who is willing to say “I don’t know”
Europe
In this AI-driven world, Todd Boehly has spotted the best test for leadership. Someone who is willing to say “I don’t know”
By Kamal AhmedJune 8, 2026
David Sacks, then the White House Special Advisor for AI and Crypto, at the White House on September 04, 2025 in Washington, D.C. (Photo: Chip Somodevilla/Getty Images)
Newsletters
David Sacks has concerns about government equity in AI companies
By Andrew NuscaJune 8, 2026
  • Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out
    Investing
    Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out
    By Jason MaJune 5, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
Tech leaders are moving beyond AI hype: Here’s what’s actually working
Europe
Tech leaders are moving beyond AI hype: Here’s what’s actually working
By Francesca CassidyJune 8, 2026
Fortune Brainstorm Tech 2026 livestream
Conferences
Fortune Brainstorm Tech 2026 livestream
By Fortune EditorsJune 8, 2026
‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
Investing
‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
By Nick LichtenbergJune 8, 2026
Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos
Investing
Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos
By Jason MaJune 7, 2026
  • The Class of 2026: Meet the 12 companies making their Fortune 500 debut
    Startups & Venture
    The Class of 2026: Meet the 12 companies making their Fortune 500 debut
    By Marco Quiroz-GutierrezJune 5, 2026
Nvidia’s CEO says new Vera chip will use SK Hynix’s memory chips
Big Tech
Nvidia’s CEO says new Vera chip will use SK Hynix’s memory chips
By Yoolim Lee and BloombergJune 7, 2026
SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
Investing
SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
By Jason MaJune 7, 2026
OpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports
AI
OpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports
By Amedeo Goria and BloombergJune 7, 2026
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
Big Tech
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
By Eva RoytburgJune 7, 2026
AI’s mega stock deals raise specter of more shares than buyers
AI
AI’s mega stock deals raise specter of more shares than buyers
By Jeran Wittenstein, Henry Ren and BloombergJune 7, 2026
Banks lay groundwork for mass workforce cuts as AI takes hold
AI
Banks lay groundwork for mass workforce cuts as AI takes hold
By Meg Short and BloombergJune 7, 2026
Anthropic CEO Dario Amodei spends 40% of his time on culture, not AI—including a biweekly ‘vision quest’ where he ditches ‘corpo speak’
AI
Anthropic CEO Dario Amodei spends 40% of his time on culture, not AI—including a biweekly ‘vision quest’ where he ditches ‘corpo speak’
By Marco Quiroz-GutierrezJune 7, 2026
Sam Altman and Oliver Mulherin pose
C-Suite
OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service
By Jacqueline MunisJune 7, 2026
Pastel colored sky casting shadows over the colorful houses and behind Sutro Tower.
Real Estate
This realtor is betting big on the AI IPO boom, but buying a house with stock will have to go through the OpenAI’s and Anthropic’s boards first
By Jacqueline MunisJune 7, 2026
da
Commentary
The short seller’s argument nobody on the coming mega IPO roadshow wants you to make
By Bhaskar ChakravortiJune 7, 2026
SpaceX and other mega IPOs may wait years to join the S&P 500
Investing
SpaceX and other mega IPOs may wait years to join the S&P 500
By Bailey Lipschultz, Vildana Hajric and BloombergJune 6, 2026
Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes
AI
Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes
By Jason MaJune 6, 2026
Marvell Technology, Flex to join S&P 500 later this month
Investing
Marvell Technology, Flex to join S&P 500 later this month
By Isabelle Lee and BloombergJune 6, 2026
bernie
AI
Bernie Sanders and Sam Altman’s private one-hour meeting about the public ownership of AI
By Joey Cappelletti, Seung Min Kim and The Associated PressJune 6, 2026
Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional
Innovation
Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional
By Chan Ho-Him and The Associated PressJune 6, 2026
sa
Commentary
When good money goes bad: the question SpaceX and OpenAI investors aren’t asking
By Rory McDonaldJune 6, 2026
Photo of Elon Musk
AI
Elon Musk bulletproofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla
By Amanda GerutJune 6, 2026
Upset frustrated and confused female worker folding hands on chin
Future of Work
A CEO denied raises to spend money on AI instead. Companies have ‘no idea what they’re going to need in a workforce’ when the AI race is over
By Jacqueline MunisJune 6, 2026
SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation
Investing
SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation
By Shawn TullyJune 6, 2026
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Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them richplaceholder alt text
By Marco Quiroz-GutierrezAugust 29, 2026
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Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEOplaceholder alt text
By Preston ForeAugust 29, 2026
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DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, 'we’d have to conduct a séance'placeholder alt text
By Sasha RogelbergAugust 28, 2026
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