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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

2

Current price of oil as of October 6, 2026

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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows
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Why the AI age calls for ‘founder mode’
Why the AI age calls for ‘founder mode’

The onset of the technology demands leaders who stay close to the work, move quickly, and rethink what their companies can become.

By Alyson ShontellOctober 7, 2026
Cofounders Nate Wilson and Eli Ben-Johnson sit on robobikes.
Meet the two cofounders who went on a 10-month-long trip before starting their $350 million business—they say you should too
By Joshua HongOctober 7, 2026
Justin Ma, cofounder of Vest, smiling.
Exclusive: Portal Ventures-backed Vest raises $13 million to build a proprietary trading firm that shares traders’ profits
By Camila Grigera NaónOctober 7, 2026
Pete Hegseth, US secretary of defense, during an address at Marine Corps Base Quantico in Quantico, Virginia, on Sept. 30, 2026. (Photo: Stefani Reynolds/Bloomberg/Getty Images)
What militaries could do with AI ‘keeps me up at night,’ OpenAI exec says
By Andrew NuscaOctober 7, 2026
Current price of Ethereum for Oct. 7, 2026
Current price of Ethereum for October 7, 2026
By Joseph HostetlerOctober 7, 2026
Tom Hale, CEO of Oura
Why Oura delayed its IPO
By Allie GarfinkleOctober 7, 2026
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Big Tech
More in Big Tech
Photo of Donald Trump in Dublin
OpenAI’s human rights lead: What the military could do with AI ‘keeps me up at night’

Sarah Yager joined OpenAI recently, and though she was initially skeptical that her position was merely a PR stunt, she says she’s had some early success influencing the safety of the technology.

By Emily ForliniOctober 6, 2026
Elon Musk is a trillionaire again—and he’d still be the richest person on the planet even if he gave everyone $90

Musk could buy everyone on the planet a pair of Apple AirPods, a three-course dinner, or a nice pair of Levi’s jeans, and he’d still be the world’s richest with $298 billion.

By Emma BurleighOctober 6, 2026
A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle

Robinhood Chain saw a brief surge in memecoin trading before volumes dropped 96%.

By Camila Grigera NaónOctober 6, 2026
Brands are fleeing TV for social. The agency that landed more than 50B views for brands like Perplexity and Universal Music sold for at least $100M

Exclusive: Get Engaged becomes a part of SAMY, a global social-first marketing company.

By Sydney LakeOctober 6, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Why Sam Altman takes his hardest questions to Nikesh Arora
Why Sam Altman takes his hardest questions to Nikesh Arora

The Palo Alto Networks CEO doesn’t do sugarcoating. And it’s made him a go-to advisor.

By Allie GarfinkleOctober 6, 2026
Why Oura really pulled its IPO: Wall Street experts suspect valuation concerns, an insider cash-out, and an Apple-size threat

Oura blamed market “uncertainty,” but maybe investors just didn’t buy the story.

By Morgan ChittumOctober 6, 2026
OpenAI’s safety firings raise awkward questions

The firings show that, for now, AI labs alone decide what the public learns about their safety incidents.

By Beatrice NolanOctober 5, 2026
Nvidia backs startup Reactor as buzz grows for world models  

As world models find new uses in robot training and control, Reactor aims to supply the computing power and software needed to run them.

By Wen ShaoOctober 5, 2026
More in Startups & Venture
AI
More in AI
Will AI kill the Asian entertainment industry, or reinvent it?
Will AI kill the Asian entertainment industry, or reinvent it?

Studios in China are turning to models from ByteDance and Kling to generate 100-minute short dramas for less than $3000.

By Angelica AngOctober 7, 2026
Researchers tracked $80 million in political ads using AI—and Republicans were behind 83% of them

Don’t expect a disclaimer on that AI slop political ad you see this year.

By Travis N. Ridout, Erika Franklin Fowler, Michael Franz and The ConversationOctober 6, 2026
‘AI Snake Oil’ author sees chatbots evolving into a ‘truth oracle’—and journalism heading somewhere it hasn’t been in 200 years

Princeton’s Arvind Narayanan asked the Computation + Journalism conference to prepare for AI “not as it is today, but as it will be” in five to 10 years.

By Nick LichtenbergOctober 6, 2026
Finding value from AI in big companies comes down to people, not technology

Big companies need to overcome ‘learned helplessness’ and risk aversion to find ROI from AI, futurist Amy Webb says

By Jeremy KahnOctober 6, 2026
More in AI
Innovation
More in Innovation
Eva Olsson, Ellen Moons, and Mark Pearce sit in front of a screen displaying Francis Halzen as the recipient of the 2026 Nobel Prize in Physics during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 6, 2026. Belgian physicist Francis Halzen won the Nobel Prize in Physics for work on subatomic particles at the South Pole, the Nobel jury said.
Trillions of ‘ghost particles’ pass through your body every second. The scientist who hunts them just won the Nobel Prize

Francis Halzen turned Antarctic ice into a giant detector for elusive neutrinos, with sensors buried 8,200 feet below the surface.

By Kostya Manenkov, Adithi Ramakrishnan and Stefanie DazioOctober 6, 2026
It’s ‘more likely than not’ humanity loses control: Former AI insiders testify safety fixes may be ‘duct tape that will fall off later’

Former insiders warned the New York City Council about losing control of AI, while OpenAI, Anthropic, Meta, and Google couldn’t say how big the risk is.

By Catherina GioinoOctober 5, 2026
Nvidia-backed Reflection AI unveils its first open model, Beam. Could it be America’s best chance to compete with China?

The New York–based company already has deals with U.S. government agencies and billion-dollar compute agreements.

By Emily ForliniOctober 5, 2026
Sam Altman says the world should accept some ‘bad things’ happening with AI as the industry signs on to Trump’s voluntary safety pact

But Altman said “catastrophic risks” are unacceptable.

By Marco Quiroz-GutierrezOctober 5, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
sr
I wrote The Future of Truth and then found to my alarm it contained AI-hallucinated quotes. I’ve chosen to fight back

My book went through five editorial rounds and more than 4,000 tracked changes, but I later discovered it had 26 quotes that didn’t hold up under scrutiny.

By Steven RosenbaumOctober 6, 2026
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims’ identities to fund 90-plus collector vehicles, prosecutors say.

By Catherina GioinoOctober 5, 2026
The AI industry ‘hates crypto people’—but they may need them all the same

Whatever you think of crypto people, blockchain technology may offer real solutions to the problem of rogue AI agents.

By Jeff John RobertsOctober 5, 2026
Norway floats temporary but total ban on AI glasses as it investigates ‘socially beneficial uses’

Officials want a temporary ban as smart glasses make it easier to photograph, film and record people without their knowledge.

By Jamey Keaten and The Associated PressOctober 5, 2026
More in Cybersecurity
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What AI slowdown? OpenAI, Anthropic release dueling models as price wars heat up
Big Tech
What AI slowdown? OpenAI, Anthropic release dueling models as price wars heat up
By Emily Forlini and Beatrice NolanSeptember 22, 2026
  • OpenAI CEO Sam Altman in San Francisco on September 15, 2026. (Photo: Benjamin Fanjoy/Getty Images)
    Newsletters
    ‘Be transparent only if asked’: Inside OpenAI’s rogue AI transcripts
    By Allie GarfinkleSeptember 21, 2026
Photo: Dario Amodei
Commentary
The backwards AI pacing debate and how far business is from the frontier
By Jeffrey Sonnenfeld, David Siegel and Stephen HenriquesSeptember 22, 2026
barry
Commentary
Barry Werth: the system that saved your life is being destroyed
By Barry WerthSeptember 22, 2026
The real AI threat isn’t China, it’s accelerationism
Commentary
The real AI threat isn’t China, it’s accelerationism
By Chris HyamsSeptember 22, 2026
Scott Bessent, US treasury secretary.
Economy
If AI is going to destroy humanity, Scott Bessent says hyperscalers, not government, must take the fall: ‘We cannot absolve you of responsibility’
By Eleanor PringleSeptember 22, 2026
Walmart’s new pricing patents spark fears of surveillance: ‘Are they going to charge you a different price if they know who you are?’
Retail
Walmart’s new pricing patents spark fears of surveillance: ‘Are they going to charge you a different price if they know who you are?’
By Tatiana SatauaSeptember 22, 2026
  • (L-R) Maye Musk and Elon Musk attend The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art on May 02, 2022 in New York City.
    Big Tech
    Elon Musk’s mom isn’t fussy about where she sleeps either—Maye Musk stays in a garage when she visits the Tesla CEO in Texas
    By Eleanor PringleSeptember 21, 2026
nyse
Commentary
The SaaS debt trap
By Stephen MesserSeptember 22, 2026
church
AI
AI chatbots are quietly becoming spiritual advisers for millions, data shows
By Morgan Shipley and The ConversationSeptember 22, 2026
uva
AI
A dean of libraries explains how AI gives you 4 types of answers — and only one of them is ‘factual’
By Leo S. Lo and The ConversationSeptember 22, 2026
flock
Cybersecurity
From the Boston Tea Party to the Flock camera backlash, 250 years of Americans saying no
By G. Patrick O'Brien and The ConversationSeptember 22, 2026
Microsoft and Coinbase probe leads to arrest of crooks behind ‘EvilTokens’, a DIY phishing network powered by AI
Cybersecurity
Microsoft and Coinbase probe leads to arrest of crooks behind ‘EvilTokens’, a DIY phishing network powered by AI
By Jeff John RobertsSeptember 22, 2026
  • Please see attached for an image of the three authors. From left, to right: Daniel Aminetzah, Paul Jenkins, Jorge Grieve.
    Commentary
    McKinsey partners: you need to protect successful new ventures from the core business
    By Daniel Aminetzah, Paul Jenkins and Jorge GrieveSeptember 21, 2026
Alibaba says it built the ‘most powerful AI chip in China’ as the country races to catch up with the U.S.
AI
Alibaba says it built the ‘most powerful AI chip in China’ as the country races to catch up with the U.S.
By The Associated Press and Chan Ho-HimSeptember 22, 2026
Gates Foundation and MTN launch AI maternal health platform to reach 500,000 women by 2030 in Nigeria, which accounts for about 30% of maternal deaths
AI
Gates Foundation and MTN launch AI maternal health platform to reach 500,000 women by 2030 in Nigeria, which accounts for about 30% of maternal deaths
By Catherina GioinoSeptember 22, 2026
Apple CEO John Ternus speaks during the keynote address at Apple’s corporate headquarters, Sept. 9, 2026.
Big Tech
From $2 billion to $112 billion in annual profit: How Apple transformed its business
By Sheryl EstradaSeptember 22, 2026
hub
AI
We built inbound marketing. Now we’re burying it after losing 5 million blog visits per month
By Kipp Bodnar and Kieran FlanaganSeptember 22, 2026
kpmg
AI
Exclusive: KPMG reorgs AI division to create new incubator — with a new executive role reporting directly to the CEO
By Nick LichtenbergSeptember 22, 2026
OpenAI punted. Anthropic stalled. The hottest imminent IPO fits on your finger
Newsletters
OpenAI punted. Anthropic stalled. The hottest imminent IPO fits on your finger
By Allie GarfinkleSeptember 22, 2026
rj
Commentary
The true leadership lesson of Apple’s ‘think different’ campaign
By Ron JohnsonSeptember 22, 2026
tony
Investing
Tony Robbins and Christopher Zook on ‘the holy grail of investing’ and the game-changing era of defense tech
By Tony Robbins and Christopher ZookSeptember 22, 2026
Ray Dalio, founder of Bridgewater Associates LP
Economy
Bulls and doomers are both right, says Ray Dalio—AI will be ‘miraculous’ for productivity but fuel a ‘devastating’ bubble and wealth inequality
By Eleanor PringleSeptember 22, 2026
Amazon retail chief Doug Herrington in Mt. Juliet, Tennessee, on October 9, 2024. (Photo: Seth Herald/AFP/Getty Images)
Newsletters
Amazon and Meta exchange agentic fire
By Andrew NuscaSeptember 22, 2026
Apple’s first 50 years: Charts show how the iPhone maker became a $4.85 trillion giant
Magazine
Apple’s first 50 years: Charts show how the iPhone maker became a $4.85 trillion giant
By Indrani SenSeptember 22, 2026
Steve Jobs made Apple iconic. Tim Cook made it a $5 trillion behemoth
Magazine
Steve Jobs made Apple iconic. Tim Cook made it a $5 trillion behemoth
By Phil WahbaSeptember 22, 2026
The U.S. is backing a $14 billion cable to keep Southeast Asia’s internet out of China’s reach
Asia
The U.S. is backing a $14 billion cable to keep Southeast Asia’s internet out of China’s reach
By Angelica AngSeptember 22, 2026
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media.
AI
‘They must be doing it for ulterior reasons’: Jensen Huang says AI leaders are ‘irresponsible’ for scaring the public with ‘doomsday narratives’
By Joshua HongSeptember 21, 2026
MrBeast, aka Jimmy Donaldson during a visit to "Fox & Friends" at Fox News Channel Studios on September 03, 2026 in New York City.
Success
Billionaire YouTuber MrBeast spent $10 million building a village in Ghana—he says viewers watch philanthropy videos less but ‘I’ll keep making them’
By Eleanor PringleSeptember 21, 2026
U.S. and China propose AI risk notification mechanism ahead of Trump-Xi talks
AI
U.S. and China propose AI risk notification mechanism ahead of Trump-Xi talks
By The Associated Press and Matt SedenskySeptember 21, 2026
Photo of Google in Dublin
Cybersecurity
Google fined €403 million by EU over location data privacy violations
By The Associated PressSeptember 21, 2026
Hisayuki Idekoba in Tokyo
Success
Indeed CEO says the job market is stuck in a ‘vicious cycle’ if 1,000 qualified candidates can’t get hired: ‘Something’s wrong’
By Preston ForeSeptember 21, 2026
Warren Buffett’s last lesson as chair: Culture and capital require different guardians
C-Suite
Warren Buffett’s last lesson as chair: Culture and capital require different guardians
By Sheryl EstradaSeptember 21, 2026
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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victimsplaceholder alt text
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By Joseph HostetlerOctober 6, 2026
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