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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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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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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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levie
AI
Tech is in turmoil—but the rest of corporate America isn’t. One Silicon Valley CEO knows why
By Nick LichtenbergApril 28, 2026
  • Sergey Brin confronted Gavin Newsom at a treehouse party — then launched a political war
    Politics
    Sergey Brin confronted Gavin Newsom at a treehouse party — then launched a political war
    By Eliyahu Kamisher, Biz Carson and BloombergApril 26, 2026
Le PDG d'OpenAI, Sam Altman avec le PDG du groupe Softbank,
AI
OpenAI’s bad week misses the point, says tech analyst Gene Munster: ‘I think this is a true story—it is an example of over-analyzing’
By Eva RoytburgApril 28, 2026
Taylor Swift poses.
AI
Taylor Swift files to trademark her voice and image to save from potential AI misuse
By Maria Sherman and The Associated PressApril 28, 2026
Janet Yellen on her legacy as the first woman to lead the Fed, Trump’s central bank clash, and Kevin Warsh’s tightrope
Economy
Janet Yellen on her legacy as the first woman to lead the Fed, Trump’s central bank clash, and Kevin Warsh’s tightrope
By Emma HinchliffeApril 28, 2026
Ferguson points
Cybersecurity
Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020. Facebook alone cost users more than texts and emails combined
By Jacqueline MunisApril 28, 2026
Photo of Vinod Khosla
Startups & Venture
‘He wanted to be CEO’: Early OpenAI VC Vinod Khosla says Elon Musk’s bid for control led to the Sam Altman feud and his major investment
By Nick LichtenbergApril 28, 2026
  • Elon Musk says saving for retirement is irrelevant because AI is going to create a world of abundance: ‘It won’t matter’
    Future of Work
    Elon Musk says saving for retirement is irrelevant because AI is going to create a world of abundance: ‘It won’t matter’
    By Marco Quiroz-GutierrezApril 26, 2026
Dex founder and CEO Paddy Lambros (left) sits on a stool on a stage with two other panelists while holding a microphone and gesturing.
Startups & Venture
Exclusive: AI-powered recruiting startup Dex raises $5.3 million seed round
By Jeremy KahnApril 28, 2026
Customers Bank CEO Sam Sidhu
Success
CEO of a $25.9 billion bank had his AI clone lead the company’s earnings call—as Mark Zuckerberg builds his own digital twin
By Emma BurleighApril 28, 2026
I used Claude’s new Dispatch feature for a month. Here’s everything I was able to do
AI
I used Claude’s new Dispatch feature for a month. Here’s everything I was able to do
By Catherina GioinoApril 28, 2026
Sam Altman apologizes to Canadian town where OpenAI failed to alert police about a mass shooter
AI
Sam Altman apologizes to Canadian town where OpenAI failed to alert police about a mass shooter
By Marco Quiroz-GutierrezApril 28, 2026
damaro
Commentary
Disney’s $60 billion bet on the one thing AI can’t replace
By Roland BetancourtApril 28, 2026
  • Why the key to American drone dominance lies with blockchain
    Cybersecurity
    Why the key to American drone dominance lies with blockchain
    By Mike Horton and Adam WinnickApril 26, 2026
A picture of the Ethereum logo with rays around it.
Crypto
Ten years after Ethereum’s DAO disaster, it’s time to try again
By Emin Gün SirerApril 28, 2026
Liquid CEO Franklyn Wang speaks at a crypto conference
Crypto
Exchange startup Liquid raises $18 million Series A for leveraged trading on stocks, crypto, commodities, prediction markets, and private secondaries
By Jack KubinecApril 28, 2026
How a Spanish startup pivoted to video AI and built a $230 million ARR business with no VC funding
Newsletters
How a Spanish startup pivoted to video AI and built a $230 million ARR business with no VC funding
By Alexei OreskovicApril 28, 2026
bob
Commentary
Bob Diamond: The settlement window is closing as 24/7 trading opens up
By Bob DiamondApril 28, 2026
Demonstrators protest outside the courthouse as jury selection begins in the lawsuit between Elon Musk and OpenAI on April 27, 2026 in Oakland, California. (Photo: Benjamin Fanjoy/Getty Images)
Newsletters
Gird your loins, Musk v. Altman got its jury
By Andrew NuscaApril 28, 2026
Woman packing her stuff as an AI worker types on a computer
Success
Microsoft researchers have revealed the 40 jobs most exposed to AI—and even teachers make the list
By Preston ForeApril 28, 2026
Photo of Emma Grede
Success
Self-made multimillionaire Emma Grede says she was ‘using AI like a 42-year-old woman’—until Mark Cuban gave her a wake-up call
By Orianna Rosa RoyleApril 28, 2026
OpenAI CFO reportedly at odds with Sam Altman over missed revenue target—even as AI capex is set to hit $660 billion
AI
OpenAI CFO reportedly at odds with Sam Altman over missed revenue target—even as AI capex is set to hit $660 billion
By Jim EdwardsApril 28, 2026
mukund
Commentary
Mark Zuckerberg is building an AI clone of himself. Most people just need help with their inbox
By Mukund JhaApril 28, 2026
China’s decision to block the $2 billion Meta-Manus deal shows how far Washington and Beijing are drifting apart over AI
Asia
China’s decision to block the $2 billion Meta-Manus deal shows how far Washington and Beijing are drifting apart over AI
By Nicholas GordonApril 28, 2026
Elon Musk and Sam Altman on-stage together at a 2015 conference.
Law
Musk vs. Altman: Burning Man, a ‘diary,’ and a trial almost no one thinks Musk can win
By Eva RoytburgApril 27, 2026
students walk on a brick-paved path surrounded by trees with fall-colored leaves
Future of Work
Meet a 20-year-old student who changed her major to marketing to ‘AI-proof’ her career
By Jocelyn Gecker, Linley Sanders and The Associated PressApril 27, 2026
Reed Hastings says AI will drive a return to humanities: ‘I’d be doubling down on emotional skills’
AI
Reed Hastings says AI will drive a return to humanities: ‘I’d be doubling down on emotional skills’
By Marco Quiroz-GutierrezApril 27, 2026
Marc benioff
AI
Salesforce CEO Marc Benioff says AI won’t kill entry-level jobs. He’s hiring 1,000 new grads to prove it
By Jake AngeloApril 27, 2026
John Ternus, incoming CEO of Apple
Success
Incoming Apple CEO John Ternus tells Gen Z an early mistake taught him an important lesson: ‘The care you put into your work really matters’
By Emma BurleighApril 27, 2026
A bank robber made off with $195,000 and got caught after his cell pinged a geofence. Now SCOTUS decides whether that violated the Fourth Amendment
Law
A bank robber made off with $195,000 and got caught after his cell pinged a geofence. Now SCOTUS decides whether that violated the Fourth Amendment
By The Associated Press and Mark ShermanApril 27, 2026
How a chance encounter in Texas sparked a $1 billion Kleiner Perkins-backed AI startup
Newsletters
How a chance encounter in Texas sparked a $1 billion Kleiner Perkins-backed AI startup
By Allie GarfinkleApril 27, 2026
Palantir Technologies CEO Alex Karp in Davos, Switzerland in January 2026. (Photo by Fabrice Coffrini/AFP/Getty Images)
Newsletters
Palantir staff reportedly question company’s commitment to civil liberties
By Andrew NuscaApril 27, 2026
John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
Asia
John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
By Nicholas GordonApril 26, 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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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent showsplaceholder alt text
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