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Startups & Venture

The ‘PayPal Mafia’ built a $1.5 billion fintech pioneer. The company they left behind is on life support

The ‘PayPal Mafia’ built a $1.5 billion fintech pioneer. The company they left behind is on life support

Fortune coined the term “PayPal Mafia” in 2007. Two decades later, the mafia is thriving, but PayPal isn’t.

By Eva RoytburgMay 6, 2026

Mark Zuckerberg once gave a Facebook engineer startup advice at 2 a.m. while ‘hanging out with all the interns’—she quit and raised millions after

Mark Zuckerberg once gave a Facebook engineer startup advice at 2 a.m. while ‘hanging out with all the interns’—she quit and raised millions after

By Orianna Rosa RoyleMay 6, 2026

goldman

‘FOMO has proven a stronger incentive than poor stock performance’: Goldman Sachs just issued a brutal verdict on the AI boom

By Nick LichtenbergMay 6, 2026

Americans are busy getting angry and throwing a fit about AI while the Chinese use it to book travel, order food and hail rides

By Chan Ho-Him and The Associated PressMay 6, 2026

How Wyndham scales AI to improve hospitality at 8,400 hotels

By John KellMay 6, 2026

donald trump

AI could solve America’s $39 trillion debt crisis—but only if Washington abandons displaced workers, Yale report warns

By Jake AngeloMay 6, 2026

More in Big Tech

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

“I don’t think being consumer-in-chief really helps a CEO be effective in this business,” said Take-Two Interactive Software CEO Strauss Zelnick.

By Marco Quiroz-GutierrezMay 6, 2026

The CEO of Trek Bicycle reads 52 books a year, hates smartphones, and thinks Milton Friedman was wrong

The bicycle company president talked to Fortune about a brutal post-boom market, why generational labels are overblown, and his obsession with reading.

By Nick LichtenbergMay 6, 2026

ServiceNow just unveiled an AI workforce that can run your entire company: ‘Enterprises need AI that senses, decides, and securely acts’

It’s already doing it at Honeywell, Docusign and the city of Raleigh.

By Nick LichtenbergMay 5, 2026

Supermicro CEO insists ‘no one’ beyond indicted employees were involved in alleged $2.5 billion smuggling scheme

CEO and Chairman Charles Liang said Supermicro’s relationship with vendors including Nvidia, AMD, Intel, and Broadcom was “strong” despite the accusations against a Supermicro cofounder. Supermicro stock rose 17% in after-hours trading.

By Amanda GerutMay 5, 2026

More in Big Tech

Startups & Venture

More in Startups & Venture

Gas crisis? Kelp could be the biofuel answer to high gas prices, but only if the government removes some red tape

Gas crisis? Kelp could be the biofuel answer to high gas prices, but only if the government removes some red tape

Gas? Where we’re going, we don’t need gas. (We need increased supply and demand, and less red tape for kelp farmers).

By The Associated Press, Ana Georgescu and Zoe BeketovaMay 6, 2026

AI, robotics, climate tech: How VCaaS helps corporations enter deep tech safely

In AI, robotics, and climate tech, the path forward is not about avoiding risk, but something else.

By Anis UzzamanMay 6, 2026

Inside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup

The Pentagon is turning to Anduril for drones, missiles, and software. It’s the biggest sign yet that Silicon Valley is shaking up the military-industrial complex.

By Allie GarfinkleMay 6, 2026

District, founded by three Snapchat alumni, raises a $14.7 million seed round to help independent sellers build community-driven marketplaces

The a16z-backed AI startup wants to bring the corner store experience to online shopping.

By Allie GarfinkleMay 6, 2026

More in Startups & Venture

mcdermott

ServiceNow just told Wall Street it’s going to double again. Here’s why $30 billion of revenue isn’t crazy

The enterprise software company grew from $3.5 billion to nearly $16 billion in six years. Now it says $30 billion by 2030 is conservative.

By Nick LichtenbergMay 6, 2026

Your company’s AI could delete everything in 9 seconds. ServiceNow wants to be the kill switch

Enterprises are deploying AI agents without identities, audit trails, or guardrails. Bill McDermott is betting $30 billion on fixing it.

By Nick LichtenbergMay 6, 2026

The U.S. leads in 14 of 18 industries shaping the future economy — but the lead isn’t guaranteed

The McKinsey Global Institute identified the 18 “arenas” driving tomorrow’s growth. Here’s where America stands — and what companies must do to stay ahead.

By Kevin Russell, Chris Bradley and Kweilin EllingrudMay 6, 2026

Inside Home Depot’s marketing playbook: weather signals, influencers, and an app to drive bigger baskets

Home Depot’s CMO doesn’t just want to sell products. She wants to rewire how shoppers buy them.

By Ruth UmohMay 6, 2026

More in Innovation

Current price of Ethereum for May 6, 2026

Current price of Ethereum for May 6, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerMay 6, 2026

Qualcomm CEO Cristiano Amon thinks your relationship to your devices is about to change

Also: All the news and watercooler chat from Fortune.

By Alyson ShontellMay 6, 2026

China stopped issuing new robotaxi licenses over a glitch. America can’t stop them from rolling into active shooter situations

As robotaxis rack up incidents with zero federal consequences, new research finds more states are passing laws to get Americans to drive less.

By Catherina GioinoMay 4, 2026

Sequoia-backed Astrocade raises $56 million to let everyone build games

Astrocade, launched publicly less than a year ago, already has about five million monthly active users.

By Allie GarfinkleMay 5, 2026

More in Innovation

More in Cybersecurity

Gen Alpha is using makeup to pass age verification tech online. One mom caught her son using an eyebrow pencil

Gen Alpha is using makeup to pass age verification tech online. One mom caught her son using an eyebrow pencil

The youth are no longer wearing makeup to sneak into the newest bar: they’re drawing on mustaches to get into the next hottest club, the Internet.

By Catherina GioinoMay 5, 2026

Jamie Dimon and Dario Amodei sidestep question about whether the AI cyber ‘freakout’ is warranted

The two most powerful men in the AI-finance nexus, making their first onstage appearance together, were asked if a cybersecurity “freakout” is warranted. They didn’t say yes or no.

By Nick LichtenbergMay 5, 2026

Anthropic’s most powerful AI model just exposed a crisis in corporate governance. Here’s the framework every CEO needs.

Yale’s Jeffrey Sonnenfeld and colleagues argue that Claude Mythos will break enterprise deployment in ways that cannot be undone—without key fixes.

By Jeffrey Sonnenfeld, Stephen Henriques, Dan Kent and Holden LeeMay 2, 2026

Trump may seek to review AI models before launch

In today’s edition: Trump readies AI order, Musk’s SEC settlement, Palantir revenue soars. Plus: Anthropic, Cisco, Lattice, Meta, OpenAI, Panthalassa, Sierra.

By Andrew NuscaMay 5, 2026

More in Cybersecurity

Latest Stories

New execs to know across Bath & Body Works, the Ms. Foundation, and Atlanta’s new NWSL team

Newsletters New execs to know across Bath & Body Works, the Ms. Foundation, and Atlanta’s new NWSL team

By Emma HinchliffeMay 6, 2026

Ryanair CEO Michael O'Leary

Travel & Leisure It’s always happy hour at the airport bar, but Ryanair’s CEO is calling for a crackdown on 6am tipples: ‘Who needs to be drinking beer at that time?’

By Tristan BoveMay 6, 2026

Pantera Capital founder and managing partner Dan Morehead onstage at a conference in 2023

Crypto Wall Street is abuzz about ‘tokenized assets’—but most activity is limited to a nascent ‘wrapper’ phase, report finds

By Jack KubinecMay 6, 2026

At 75, Ted Turner told Fortune he gave himself 5 more years. He got 12—and spent them warning the world was ending

C-Suite At 75, Ted Turner told Fortune he gave himself 5 more years. He got 12—and spent them warning the world was ending

By Ashley LutzMay 6, 2026

Crypto Zcash spikes 30% after Multicoin managing partner says firm bought the token, calls it protection against wealth taxes

By Jack KubinecMay 6, 2026

Young college graduate in city

Success Here are the best hiring hotspots for recent graduates—cities in the Midwest and South are even outpacing career hubs like New York City

By Emma BurleighMay 6, 2026

gosling

Arts & Entertainment Shane Black on cult success of ‘The Nice Guys,’ 10 years later: ‘There’s something to being the king of the midnight movie’

By Jake Coyle and The Associated PressMay 6, 2026

trump

Economy ‘That alone should win us the midterms’: Trump wants voters to ignore higher costs, giant pharma profits and focus on drug prices

By Josh Boak and The Associated PressMay 6, 2026

More TechPage 92 of 100

Elon Musk

Big Tech Tesla shareholders should reject Musk’s $1 trillion pay package, ISS advises

By Kara Carlson, Dana Hull and BloombergOctober 17, 2025

Commentary Trust is the missing—and essential link—in putting gen AI to work
By Erik RothOctober 16, 2025

Photo: Sam Altman

AI OpenAI pauses AI-generated deepfakes of Martin Luther King Jr. on Sora 2 app after ‘disrespectful’ depictions

By Marco Quiroz-GutierrezOctober 17, 2025

Oracle

AI Oracle declines on concerns about fulfilling AI cloud demand

By Brody Ford and BloombergOctober 17, 2025

Uber is paying drivers extra to train its AI models. Here are 3 things you can do to earn more cash

AI Uber is paying drivers extra to train its AI models. Here are 3 things you can do to earn more cash

By Dave Lozo and Morning BrewOctober 17, 2025

Fortune 500 Power Moves: Which executives gained and lost power this week, Oct. 10-17, 2025

C-Suite Fortune 500 Power Moves: Which executives gained and lost power this week, Oct. 10-17, 2025

By Fortune EditorsOctober 17, 2025

Sam Altman

AI Dating chatbot expert: ChatGPT subscriptions aren’t ‘really earning much so having erotic content will bring them quick money’

By Matt O'Brien and The Associated PressOctober 17, 2025

Commentary Billions spent, (almost) zero returns: The leadership gap derailing AI’s big bet
By Heather ConklinOctober 16, 2025

Meta

AI With half of teens regularly turning to AI companions, Meta moves to add parental controls starting early next year

By Barbara Ortutay and The Associated PressOctober 17, 2025

teachers

AI Why OpenAI, Microsoft and Anthropic are funding millions in teacher training: ‘AI, like it or not, is part of our world’

By Jocelyn Gecker and The Associated PressOctober 17, 2025

Jamie Dimon’s worldview: JPMorgan Chase CEO on the economy, an AI bubble, and leadership

C-Suite Jamie Dimon’s worldview: JPMorgan Chase CEO on the economy, an AI bubble, and leadership

By Fortune EditorsOctober 17, 2025

Hailey Bieber

Success Hailey Bieber has shared what she will do with the $1 billion she made from her Rhode sale to e.l.f. Beauty earlier this year

By Jessica CoacciOctober 17, 2025

Mark Zuckerberg, chief executive officer of Meta Platforms Inc

Success Meta is hiring entry-level roles that pay up to $290,000 a year and require little prior experience

By Emma BurleighOctober 17, 2025

Commentary Europe’s defence wake-up call: why innovation can’t wait
By Alex FerraraOctober 16, 2025

San Francisco

Commentary Marc Benioff’s shortsighted bet against San Francisco

By Tom ChavezOctober 17, 2025

AI is gobbling our personal data—but new advances in blockchain can stop that

Commentary AI is gobbling our personal data—but new advances in blockchain can stop that

By Adam WinnickOctober 17, 2025

Warren Buffett, chief executive officer of Berkshire Hathaway

Personal Finance Warren Buffett plowed more than $1 billion into three stocks, and it says a lot about where he sees consumer priorities are right now: Houses, beer, and gas

By Eleanor PringleOctober 17, 2025

Asymmetric Capital Partners raises $137 million second fund, beating ZIRP-era odds

Newsletters Asymmetric Capital Partners raises $137 million second fund, beating ZIRP-era odds

By Allie GarfinkleOctober 17, 2025

Investor Ron Conway at the 2015 Fortune Global Forum in San Francisco. (Photo: Stuart Isett for Fortune)

Newsletters Ron Conway relinquishes Salesforce Foundation board seat, citing Marc Benioff’s politics

By Andrew NuscaOctober 17, 2025

Ron Conway speaks with Marc Benioff

Big Tech Ron Conway skewers Marc Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’

By Dave SmithOctober 16, 2025

Asian athlete drinking health shake after training session

Health The protein craze is heavy metal, literally: bombshell investigation finds unsafe lead amounts in two-thirds of top powders for sale

By Eva RoytburgOctober 16, 2025

This 27-year-old’s TikTok-like AI app makes playful, creative short videos from just a few words—it’s built for Gen Z

AI This 27-year-old’s TikTok-like AI app makes playful, creative short videos from just a few words—it’s built for Gen Z

By Sharon GoldmanOctober 16, 2025

Eddy Cue sits in a white chair on stage, smiling and holding a microphone to his face.

Big Tech Apple’s Eddy Cue admits sports streaming fragmentation has gone too far: ‘If we want people to watch games… things need to be fixed’

By Sasha RogelbergOctober 16, 2025

Microsoft

Big Tech Microsoft brings you Windows 11, now including AI updates where you talk to your laptop all day

By Matt O'Brien and The Associated PressOctober 16, 2025

Brian Niccol

AI Starbucks CEO reveals a ‘secret AI barista’ that assists with making coffee in real time—and may one day predict your order

By Nick LichtenbergOctober 16, 2025

Sam Altman says OpenAI isn’t the ‘moral police of the world’ after people slam its decision to offer erotica to adult users

AI Sam Altman says OpenAI isn’t the ‘moral police of the world’ after people slam its decision to offer erotica to adult users

By Marco Quiroz-GutierrezOctober 16, 2025

Travel & Leisure Introducing Century, Toyota’s new car brand that will offer even more luxury than Lexus

By Dave SmithOctober 16, 2025

Ariel Emanuel at a UFC event

Success Like Bill Gates, this sports billionaire says a 3-day work week is on the horizon thanks to AI—but you won’t be bored doing nothing at home

By Preston ForeOctober 16, 2025

Worker happy getting news on phone

Success Mark Cuban called for workers to get a slice of their employers’ $33 trillion success—now, Samsung is awarding shares to staff for the first time

By Jessica Coacci and Orianna Rosa RoyleOctober 16, 2025

A man holding Google Pixel 10 Pro Fold

Big Tech Durability tester says Google’s new $1,800 foldable phone is the first smartphone to explode during his routine test—and he caught it all on camera

By Dave SmithOctober 16, 2025

Raj Sharma

Commentary From pilots to powering sustainable growth: the C-suite blueprint for physical AI

By Raj SharmaOctober 16, 2025

Gen Z

Commentary Gen Z’s digital native status is a double-edged sword. They have cyber blind spots

By Nick KathmannOctober 16, 2025

Willem Groenewald

Commentary Racing toward safety: The U.S. journey to safer roads through innovation and collaboration

By Willem GroenewaldOctober 16, 2025

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A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began

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