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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

3

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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Photo of Sergey Brin
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
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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
More in Cybersecurity
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SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it
Asia
SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it
By Karryl Kim Sagun Trajano and Iuna TsyrulnevaAugust 2, 2026
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    The competition passed on a flying toy. We built it into $100 million dollar business
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Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
Cybersecurity
Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
By Michael Casey and The Associated PressAugust 1, 2026
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
Big Tech
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
By Tom Maloney and BloombergAugust 1, 2026
A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT
Innovation
A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT
By Marcia Dunn and The Associated PressAugust 1, 2026
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Success
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
By Preston ForeAugust 1, 2026
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4 teen suicides spark new lawsuit against Meta, TikTok, Snap, YouTube
By Kaitlyn Huamani, Barbara Ortutay and The Associated PressAugust 1, 2026
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    Sports teams have gone from trophies to trillion-dollar investment targets
    By Allie GarfinkleJuly 31, 2026
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Big Tech
Trump to start selling early access to his social media: ‘For the big guys, it’s going to be something they need’
By Bernard Condon, Brian Slodysko and The Associated PressAugust 1, 2026
250
Commentary
America bet everything on trust 250 years ago. That bet is being tested again
By Keith J. KrachAugust 1, 2026
Despite China’s 996 culture, DeepSeek founder Liang Wenfeng says his workers don’t do overtime or even have KPIs: ‘No one manages them’
Success
Despite China’s 996 culture, DeepSeek founder Liang Wenfeng says his workers don’t do overtime or even have KPIs: ‘No one manages them’
By Orianna Rosa RoyleAugust 1, 2026
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Big Tech
Amazon’s Andy Jassy sees a $1 trillion cloud built on businesses like the PGA Tour—which swapped its server trucks for AI broadcasts 
By Amanda GerutAugust 1, 2026
A creator sells shoes on a livestream auction.
Retail
‘People can go from zero to 100’: How Gen Z is raking in $260,000 per month on a livestream auction app
By Joshua HongAugust 1, 2026
  • Apple CEO Tim Cook on June 08, 2026 in Cupertino, California. (Photo: Justin Sullivan/Getty Images)
    Newsletters
    Tim Cook takes his final earnings call as Apple feels the supply pain
    By Andrew NuscaJuly 31, 2026
LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months
Cybersecurity
LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months
By Marco Quiroz-GutierrezJuly 31, 2026
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
Startups & Venture
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
By Marco Quiroz-GutierrezJuly 31, 2026
Studio portrait of Leopold Aschenbrenner
Startups & Venture
The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up
By Eva RoytburgJuly 31, 2026
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
Startups & Venture
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
By Catherina GioinoJuly 31, 2026
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AI
The World Cup’s VAR fights are a preview of every company’s AI rollout problem
By Pooya Tabesh and The ConversationJuly 31, 2026
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
Big Tech
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
By Jason MaJuly 31, 2026
bernie
AI
16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer
By Patrick J. Schena and The ConversationJuly 31, 2026
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
By Fortune EditorsJuly 31, 2026
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Success
Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: ‘How hard can it be?’
By Preston ForeJuly 31, 2026
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Investing
Apple shows that AI winners don’t have to build the biggest models
By Sheryl EstradaJuly 31, 2026
mn
Cybersecurity
Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it
By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026
Dario Amodei speaking into a microphone.
AI
Anthropic says its Claude models hacked three real companies during internal testing
By Beatrice NolanJuly 31, 2026
u
AI
Brussels responds to explosion of AI risks with a new team of 38 bureaucrats
By Sam McNeil and The Associated PressJuly 31, 2026
zoox
Innovation
A robotaxi with no steering wheel just got the green light to charge you for a ride
By Josh Funk, Ty O'Neil and The Associated PressJuly 31, 2026
Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls
Big Tech
Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls
By Barbara Ortutay and The Associated PressJuly 31, 2026
a
Cybersecurity
Anthropic discloses that Claude broke out of its cage and hacked 3 companies — and 2 didn’t even notice
By Chan Ho-Him and The Associated PressJuly 31, 2026
product
AI
Fed study: AI’s slow productivity story fits a century-old historical pattern
By Nick LichtenbergJuly 31, 2026
ipo
Big Tech
Microsoft’s best day in markets since 2008 shows the AI trade isn’t dead, just pickier
By Stan Choe and The Associated PressJuly 31, 2026
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Commentary
Bausch & Lomb CEO: the AI hysteria is nothing new
By Brent SaundersJuly 31, 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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