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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
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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
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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
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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
  • Aditi Maliwal speaks while sitting
    Newsletters
    Upfront’s Aditi Maliwal makes 3 bets a year and ignores the hype cycle
    By Lily Mae LazarusApril 24, 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
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
Woman tired while looking at computer
Commentary
AI is frying our brains — here’s what leaders need to do about It
By David Rock and Chris WellerApril 26, 2026
Satya Nadella
Big Tech
More than 90,000 tech workers have been laid off this year. But here’s why companies like Microsoft are offering voluntary buyouts instead
By Jacqueline MunisApril 26, 2026
clara shih
Future of Work
‘You feel radicalized’: A Meta AI exec watched agents beat her top workers. Now she’s built a nonprofit to help Gen Z find jobs before they disappear
By Jake AngeloApril 26, 2026
  • Meta CEO Mark Zuckerberg in Washington, D.C. on March 26, 2026. (Tom Williams/CQ-Roll Call/Getty Images)
    Newsletters
    Meta cuts 8,000 workers to relieve AI spending pressure
    By Andrew NuscaApril 24, 2026
A Mark Cuban-backed AI startup is helping families turn conversations with their elderly relatives into lasting memories
Startups & Venture
A Mark Cuban-backed AI startup is helping families turn conversations with their elderly relatives into lasting memories
By Marco Quiroz-GutierrezApril 25, 2026
SpaceX, Anduril among companies to win Golden Dome contracts
Politics
SpaceX, Anduril among companies to win Golden Dome contracts
By Tony Capaccio and BloombergApril 25, 2026
Musk drops fraud claims against OpenAI, Altman ahead of trial
Law
Musk drops fraud claims against OpenAI, Altman ahead of trial
By Madlin Mekelburg, Robert Burnson and BloombergApril 25, 2026
mark
Commentary
I lost my job to AI. Here’s why mass layoffs won’t transform your company
By Mark QuinnApril 25, 2026
Late Apple cofounder Steve Jobs
Success
Apple’s Steve Jobs told students to never ‘settle’ in their careers: ‘If you haven’t found it yet, keep looking’
By Emma BurleighApril 25, 2026
  • Intel CEO Lip Bu Tan crushed Wall Street targets on his 1-year anniversary: We are embracing our ‘paranoid’ roots
    Big Tech
    Intel CEO Lip Bu Tan crushed Wall Street targets on his 1-year anniversary: We are embracing our ‘paranoid’ roots
    By Alexei OreskovicApril 23, 2026
A teen boy lays on a bed looking at his phone.
Law
Most Australian teens admit the social media ban isn’t working as they try to sidestep age verification blocks with face masks and their parents’ IDs
By Sasha RogelbergApril 25, 2026
Man with dark hard and a suit
Cybersecurity
North Korean IT workers are stealing remote jobs and raking in billions—and Americans are helping them do it
By Amanda GerutApril 25, 2026
Duke Energy trucks amassed in January at the Charlotte Motor Speedway to help restore power after Winter Storm Fern.
Energy
Utility giant Duke Energy plans to spend industry record $103 billion on growth as data centers and affordability take center stage
By Jordan BlumApril 25, 2026
Ron Schneidermann
Success
This CEO lived on canned soup and took just two days off for his daughter’s birth. Now he admits he lost sight of proper work-life balance
By Preston ForeApril 25, 2026
According to Warren Buffett’s math the stock market is officially in ‘playing with fire’ territory. So when is the next crash coming?
Investing
According to Warren Buffett’s math the stock market is officially in ‘playing with fire’ territory. So when is the next crash coming?
By Shawn TullyApril 25, 2026
A replica of a Lockheed Martin missile
Politics
‘A golden opportunity right now based on who’s in government.’ Trump’s bellicose presidency means defense firms are raking it in
By Tristan BoveApril 25, 2026
investors
Economy
Intel’s blowout quarter just sparked its best day since 1987
By The Associated Press and Stan ChoeApril 24, 2026
smart glasses
AI
AI smart glasses are helping visually impaired runners take on the London Marathon
By The Associated Press and Mustakim HasnathApril 24, 2026
Data centers are finding a surprising way to deploy batteries
Energy
Data centers are finding a surprising way to deploy batteries
By Mark Chediak, Michelle Ma and BloombergApril 24, 2026
Cohere’s European push highlights the rise of AI’s middle powers beyond the US and China
AI
Cohere’s European push highlights the rise of AI’s middle powers beyond the US and China
By Sharon GoldmanApril 24, 2026
Dario Amodei, co-founder and CEO of Anthropic.
AI
Anthropic says engineering missteps were behind Claude Code’s monthlong decline after weeks of user backlash
By Beatrice NolanApril 24, 2026
Your shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
AI
Your shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
By Molly Liebergall and Morning BrewApril 24, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsApril 24, 2026
DeepSeek unveils its newest model at rock-bottom prices and with ‘full support’ from Huawei chips
Asia
DeepSeek unveils its newest model at rock-bottom prices and with ‘full support’ from Huawei chips
By Nicholas GordonApril 24, 2026
Andy Jassy
Success
Amazon CEO Andy Jassy started a weekly chicken wing eating club when he first moved to Seattle to build his network—he once ate 57 wings in one sitting
By Preston ForeApril 24, 2026
Gen Alpha can’t write emails to grandma without ChatGPT. It’s time for a ‘Digital Harm Tax’
Commentary
Gen Alpha can’t write emails to grandma without ChatGPT. It’s time for a ‘Digital Harm Tax’
By Larz MayApril 24, 2026
dario
Commentary
Mythos access by Discord group reveals real danger of AI-powered hacking
By Stefanie SchappertApril 24, 2026
black cabs
Europe
‘This is very transformative for the business’: Lyft’s head of growth on taking a big step into London’s black cab sector
By Nick LichtenbergApril 24, 2026
At Huntington Bancshares, the CFO is also the AI strategist
Newsletters
At Huntington Bancshares, the CFO is also the AI strategist
By Sheryl EstradaApril 24, 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
By Catherina GioinoOctober 5, 2026
Success
Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent showsplaceholder alt text
By Preston ForeOctober 6, 2026
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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida propertiesplaceholder alt text
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