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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 93 of 100

Erik Roth

Commentary Trust is the missing—and essential link—in putting gen AI to work

By Erik RothOctober 16, 2025

AI Want to build your own chatbot for $100? A glimpse into AI’s small, cheap, DIY future
By Sharon GoldmanOctober 15, 2025

Heather Conklin

Commentary Billions spent, (almost) zero returns: The leadership gap derailing AI’s big bet

By Heather ConklinOctober 16, 2025

Europe’s defence wake-up call: why innovation can’t wait

Commentary Europe’s defence wake-up call: why innovation can’t wait

By Alex FerraraOctober 16, 2025

Upgrade avoided the neobank meltdown—and just raised $165 million en route to an IPO

Banking Upgrade avoided the neobank meltdown—and just raised $165 million en route to an IPO

By Jeff John RobertsOctober 16, 2025

Don’t fear the AI bubble, it’s about to unlock an $8 trillion opportunity according to Goldman Sachs

Banking Don’t fear the AI bubble, it’s about to unlock an $8 trillion opportunity according to Goldman Sachs

By Jim EdwardsOctober 16, 2025

Newsletters The AI investing boom gets its posterboy: Meet Leopold Aschenbrenner

By Allie GarfinkleOctober 16, 2025

AI Waymo says it will expand to Europe next year with London launch
By Jessica MathewsOctober 15, 2025

An illustration of Apple's new M5 system on a chip (SoC). (Courtesy: Apple)

Newsletters What Apple’s new M5 chip means for MacBooks, iPads

By Andrew NuscaOctober 16, 2025

Pam Catlett

Conferences This exec says resisting FOMO is a major challenge in the AI age: ‘Stay focused on the human being’

By Preston ForeOctober 16, 2025

Malik Ducard, Pinterest's Chief Content Officer

Success Gen X Pinterest exec was raised in the Bronx: Now, he lives in the center of LA, eats out 50% of the week, and tracks his brainwaves while meditating

By Emma BurleighOctober 16, 2025

How Palantir’s CEO forged a connection with investors by writing spicy shareholder letters that quote philosophers and skewer ‘technocratic elites’

Investing How Palantir’s CEO forged a connection with investors by writing spicy shareholder letters that quote philosophers and skewer ‘technocratic elites’

By Jessica MathewsOctober 16, 2025

Bloom Energy showcases an array of its fuel cell energy server stacks that offer on-site, off-grid power to data centers and much more.

Energy Bloom Energy’s stock is up 1,000% in a year because its fuel cells are solving AI’s data center power problem

By Jordan BlumOctober 16, 2025

Banking JPMorgan CEO Jamie Dimon says AI will eliminate jobs and ‘people should stop sticking their head in the sand’
By Amanda GerutOctober 15, 2025

Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon

AI Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon

By Marco Quiroz-GutierrezOctober 15, 2025

Mark Cuban speaks onstage during Global Citizen NOW at Hudson’s Detroit on July 10, 2025 in Detroit, Michigan.

AI Mark Cuban warns that OpenAI’s new plan to allow adults-only erotica in ChatGPT could ‘backfire. Hard’

By Eva RoytburgOctober 15, 2025

Meredith Koop, stylist to Michelle Obama

AI Why Michelle Obama’s stylist invested in the LVMH-backed AI styling platform Alta: ‘It was a no-brainer’

By Emma BurleighOctober 15, 2025

Former Vice President Kamala Harris: ‘I’m not into’ finality

Politics Former Vice President Kamala Harris: ‘I’m not into’ finality

By Fortune EditorsOctober 15, 2025

NYSE

Investing Wall Street surges following strong profits as earnings season kicks off; UBS sees ‘bull market intact’

By Stan Choe, Nick Lichtenberg and The Associated PressOctober 15, 2025

Akamai’s CIO pilots AI, but isn’t often sold on full adoption, due to worries about costs and technology maturity

Newsletters Akamai’s CIO pilots AI, but isn’t often sold on full adoption, due to worries about costs and technology maturity

By John KellOctober 15, 2025

Lynn Martin, President, NYSE Group in conversation with Sheryl Estrada, Fortune.

AI AI trading is flooding Wall Street—and fueling a 1.2 trillion-message trading surge, NYSE president says

By Eva RoytburgOctober 15, 2025

BlackRock’s $40 billion deal highlights the unstoppable AI data center gold rush, as CEO Larry Fink pushes back on AI bubble fears

AI BlackRock’s $40 billion deal highlights the unstoppable AI data center gold rush, as CEO Larry Fink pushes back on AI bubble fears

By Sharon GoldmanOctober 15, 2025

Mackenzie Scott

Success MacKenzie Scott has sold nearly half of her stake in Amazon, as the billionaire philanthropist casually donates over $110 million to DEI causes

By Jessica CoacciOctober 15, 2025

Workers at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy.

North America Stellantis bets big on America with historical $13 billion factory expansion and new Dodge and Jeep models

By Alex Veiga and The Associated PressOctober 15, 2025

Alexis Ohanian sits in a white chair on stage and gestures with both hands as he speaks.

AI Reddit cofounder Alexis Ohanian says ‘so much of the internet is dead’—and the rise of bots and ‘quasi-AI, LinkedIn slop’ killed it

By Sasha RogelbergOctober 15, 2025

Residents and protesters clash with federal agents in the East Side neighborhood on October 14, 2025 in Chicago, Illinois.

Cybersecurity Meta bends to federal pressure, deletes ICE surveillance watchdog page

By The Associated PressOctober 15, 2025

Middle class

Commentary The next big corporate risk isn’t AI—it’s antitrust

By Katica RoyOctober 15, 2025

Sterling Anderson

Commentary Why the future of AI is sitting in your driveway

By Sterling AndersonOctober 15, 2025

Amazon founder Jeff Bezos says ‘millions of people’ will be living in space by 2045—and robots will commute on our behalf to the moon

Success Amazon founder Jeff Bezos says ‘millions of people’ will be living in space by 2045—and robots will commute on our behalf to the moon

By Orianna Rosa RoyleOctober 15, 2025

Stacey Zolt Hara

Commentary Amid disruption, C-suite leaders have the power to steady their workforces

By Stacey Zolt HaraOctober 15, 2025

DAI-vid

AI Meet David Joyner, the professor who cloned himself with an AI avatar named ‘DAI-vid,’ as part of an experiment to ‘democratize’ online learning

By Nick LichtenbergOctober 15, 2025

Goldman Sachs CEO David Solmon holds a microphone

Newsletters Goldman’s acquisition of Industry Ventures is a bet on soaring secondaries

By Allie GarfinkleOctober 15, 2025

FBI Director Kash Patel and U.S. Attorney General Pam Bondi at the White House on September 25, 2025 in Washington, DC. (Photo: Andrew Harnik/Getty Images)

Newsletters U.S. seizes $15 billion in bitcoin held by ‘pig butchering’ scammer

By Andrew NuscaOctober 15, 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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