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Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacks

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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade it

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$38 billion Twilio CEO wakes at 4:30 a.m., works Sundays, and runs laps around his house between meetings to blow off steam

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Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacks

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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade it

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$38 billion Twilio CEO wakes at 4:30 a.m., works Sundays, and runs laps around his house between meetings to blow off steam
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Harvard fund discloses $2.2 billion stake in Musk’s SpaceX
Harvard fund discloses $2.2 billion stake in Musk’s SpaceX

Others that have profited include the University of California’s investment arm as well as the University of North Carolina and Washington University in St. Louis.  

By Janet Lorin and BloombergAugust 15, 2026
Alibaba AI models hit 3 billion downloads, passing Meta, Google
Alibaba AI models hit 3 billion downloads, passing Meta, Google
By Saritha Rai and BloombergAugust 15, 2026
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
By Alexandre Rajbhandari and BloombergAugust 15, 2026
Anthropic revenue surges to over $11.5 billion in second quarter
Anthropic revenue surges to over $11.5 billion in second quarter
By Bailey Lipschultz, Rachel Metz and BloombergAugust 15, 2026
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
By Lynn Doan and BloombergAugust 15, 2026
Jane Street lost $15 billion in its first down month in a decade
Jane Street lost $15 billion in its first down month in a decade
By Katherine Doherty, Sridhar Natarajan, Laura Benitez and BloombergAugust 15, 2026
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Big Tech
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AI is creating a new wave of philanthropists. The system they’re walking into is broken

Sometime in the near future, a significant portion of the people building today’s AI industry are expected to become very rich.

By Nick Allardice and David GoldbergAugust 15, 2026
People are going to extreme lengths to stop themselves from being filmed through Meta’s ‘pervert glasses’

Methods include singing copyrighted songs to downloading scanner apps, but an attorney said not all of these will be foolproof.

By Joshua HongAugust 14, 2026
41-year-old Josh Kushner’s World Cup privatization scheme fell apart. Then he became the Lakers co-owner days later

Kushner’s surname is among the most politically weighted in the world, but Kushner and wife Karlie Kloss both say they don’t have conservative beliefs.

By Greg Beacham and The Associated PressAugust 14, 2026
Elon Musk’s $158 billion Tesla pay was 2.5 million times his workers’ salary last year—it’s ‘unlike anything we have seen before,’ exec pay watch says

Elon Musk earned $158.3 billion in compensation last year, receiving the median Tesla worker’s pay in just 4.23 seconds.

By Emma BurleighAugust 14, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Nasdaq IPO for SpaceX
Boiler room raised $74 million selling retirees SpaceX, Anduril, Anthropic, and Perplexity while reaping ‘massive hidden fees,’ SEC claims

The New York financier at the center of the case, Andrew Spaventa, denied the allegations on Friday, and said he planned to defend himself.

By Amanda GerutAugust 15, 2026
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’

But now Phoebe Gates is under her own fire for her app Phia reportedly “cookie stuffing.”

By Sydney LakeAugust 15, 2026
Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit

Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen for a company that has yet to report an annual profit. That might bode well for OpenAI.

By Amanda GerutAugust 14, 2026
Code Metal lands $80 million Pentagon deal to modernize military wargaming

Code Metal, a $1.25 billion software firm, just landed a $80 million deal, as the Pentagon increasingly turns to startups for modernization.

By Preston ForeAugust 14, 2026
More in Startups & Venture
AI
More in AI
hospitals
Before employers shift more healthcare costs to workers, they should ask hospitals a question

Healthcare is a growing operating expense and, per Mercer data, roughly three-quarters of CFOs rank healthcare as a top five operating cost concern.

By Eugene LitvakAugust 15, 2026
Nobel laureate Daron Acemoglu says AI and liberal democracy share the same crisis: ‘there is a tendency to escalate everything’

“It’s become sort of radical to hold two apparently conflicting ideas in your head at the same time,” the MIT economist told Fortune.

By Nick LichtenbergAugust 15, 2026
AT&T’s CMO tied ‘brand love’ to the numbers CEOs care about. Customers are 3 times less likely to leave and much cheaper to acquire

AT&T’s CMO says customers who love the brand are three times less likely to leave, 50% more likely to buy a second product, and cheaper to acquire.

By Ruth UmohAugust 14, 2026
AI isn’t changing how companies work. It’s changing what a company is

The companies that win the AI era will be the ones willing to eliminate assumptions built for a world where intelligence was scarce and action was slow.

By Stephen MesserAugust 15, 2026
More in AI
Innovation
More in Innovation
MareNostrum Ona quantum computer inside the Barcelona Supercomputing Center facilities, in Plaza Eusebi Guell, on 28 May, 2026 in Barcelona, Catalonia, Spain.
‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market

According to Quantus CEO Christoper Smith, digital assets are secured by elliptic-curve cryptography that is vulnerable to quantum computing.

By Joshua HongAugust 15, 2026
‘It will inherit your thoughts’: Musk tells SpaceX employees they’ll be Grok’s ‘parents’ as AI trains on company data

In an all-hands, the SpaceX CEO revealed he wants his employees to be the foundation for his AI agent’s knowledge. “It will be trained on you.”

By Joshua HongAugust 14, 2026
The electric shock gloves ICE is spending up to $20 million on are already being given to police officers in Omaha public schools

The Omaha Police Department was awarded more than $65,000 for 40 pairs of the gloves in May 2025.

By Sasha RogelbergAugust 13, 2026
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’ 

The travel industry, like every sector, is experimenting with the best use cases for AI. Fogel is working towards a world where tourism becomes an intelligence system in its own right

By Kamal AhmedAugust 14, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Adin Ross looks slightly upward.
The ‘manosphere’ is actually a multibillion-dollar industry that sells courses and supplements to insecure Gen Z men, report finds

“In the very real moment of confusion…there is an industry of platforms, influencers and advertisers who are making billions off of young men’s insecurities.”

By Sasha RogelbergAugust 15, 2026
Flock Safety says it will totally be better about (not) giving your license plate to law enforcement

Flock CEO Garrett Langley says customers own the data the Flock surveillance cameras record, and they can also decide which offenses can be searched.

By Sarah Rankin, Claudia Lauer and The Associated PressAugust 14, 2026
ServiceNow CFO: Trillions are being spent on AI initiatives. Are companies asking these 3 key questions?

Businesses are under pressure to move fast and stay agile as they decide where to focus investments. Urgent decisions have to be made under uncertainty.

By Gina MastantuonoAugust 14, 2026
Phone data: Mother on trial for killing her kids searched about psychosis, hallucinations, suicide weeks before stranglings

The defense says she was in the grip of bipolar disorder and postpartum psychosis, a rare condition that can alter a woman’s sense of reality.

By Michael Casey and The Associated PressAugust 14, 2026
More in Cybersecurity
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Seven ways college students can manage their finances — because money decisions impact financial security when starting a first job after graduation
Personal Finance
Seven ways college students can manage their finances — because money decisions impact financial security when starting a first job after graduation
By Adriana Morga and The Associated PressAugust 15, 2026
Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble
Economy
Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble
By Jason MaAugust 15, 2026
Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One
Law
Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One
By Michael Kunzelman, Lindsay Whitehurst and The Associated PressAugust 15, 2026
‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’
Politics
‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’
By Konstantin Toropin, Aamer Madhani and The Associated PressAugust 15, 2026
Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
Economy
Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
By Jason MaAugust 15, 2026
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
Middle East
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
By Jason MaAugust 15, 2026
What Bessent’s economic isolation of Iran could look like
Energy
What Bessent’s economic isolation of Iran could look like
By Magdalena Del Valle and BloombergAugust 15, 2026
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
Energy
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
By Arsalan Shahla, Sara Gharaibeh, Catherine Lucey and BloombergAugust 15, 2026
More Tech
Photo of Alex Cooper
Arts & Entertainment
‘Call Her Daddy’ host Alex Cooper’s Unwell beverage business is shutting down
By Ashley Carman and BloombergAugust 14, 2026
  • Google DeepMind’s chief AI exec started out detasseling corn in Indiana for around $1 an hour at 14: ‘I grew up in really humble beginnings’
    Success
    Google DeepMind’s chief AI exec started out detasseling corn in Indiana for around $1 an hour at 14: ‘I grew up in really humble beginnings’
    By Orianna Rosa RoyleAugust 12, 2026
r
Commentary
No, AI is not your employee 
By Ruba BornoAugust 14, 2026
Sam Altman stands in front of microphones in a suit
Newsletters
OpenAI swaps chief revenue officer amid executive departures
By Lily Mae LazarusAugust 14, 2026
rp
Commentary
AI will make the biggest companies bigger and the smallest more powerful. Hotels show who gets squeezed
By Roman PedanAugust 14, 2026
Airbnb CEO Brian Chesky says AI writes 60% of its code—and sustaining ‘founder mode’ is the key to winning in the age of AI
AI
Airbnb CEO Brian Chesky says AI writes 60% of its code—and sustaining ‘founder mode’ is the key to winning in the age of AI
By Sarah GlodekAugust 14, 2026
Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think
Success
Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think
By Orianna Rosa RoyleAugust 14, 2026
  • Dario Amodei, CEO of Anthropic, during the World Economic Forum in Davos, Switzerland in 2026.
    Newsletters
    87.5% of venture dollars went to AI. The rest fought over scraps
    By Allie GarfinkleAugust 12, 2026
Dating apps are swiping left on the features that made them as Gen Z looks for love in real life 
C-Suite
Dating apps are swiping left on the features that made them as Gen Z looks for love in real life 
By Tatiana SatauaAugust 14, 2026
OpenAI’s 69-page report on ChatGPT enterprise adoption doesn’t address the biggest question: ROI
Newsletters
OpenAI’s 69-page report on ChatGPT enterprise adoption doesn’t address the biggest question: ROI
By Emily ForliniAugust 13, 2026
‘Multi-part case study on China’s media’ finds that AI models can’t hallucinate away Chinese censorship
AI
‘Multi-part case study on China’s media’ finds that AI models can’t hallucinate away Chinese censorship
By Mia OsmonbekovAugust 13, 2026
In an aerial view, Waymo robotaxis sit parked at a Waymo facility.
Innovation
A San Francisco ‘tech prankster’ got 50 Waymos ordered onto the same street, exposing robotaxis’ cyber/airbag problem
By Joshua HongAugust 13, 2026
Microsoft begins to merge consumer and enterprise Copilot apps in push for super app
AI
Microsoft begins to merge consumer and enterprise Copilot apps in push for super app
By Sebastian HerreraAugust 13, 2026
  • Better spam Sam—OpenAI’s special process to fix problems
    Newsletters
    Better spam Sam—OpenAI’s special process to fix problems
    By Alexei OreskovicAugust 12, 2026
A DeepSeek logo is seen displayed on a smartphone on the top of a laptop.
Big Tech
DeepSeek increases prices for AI services by multiple times
By Bloomberg and Saritha RaiAugust 13, 2026
Photo of Anthropic logo
AI
Anthropic said in talks to buy startup Decart for $6 billion
By Lynn Doan, Ryan Gould, Natasha Mascarenhas, Shirin Ghaffary and BloombergAugust 13, 2026
Photo of Trump holding up printed-out Truth Social post
Law
Trump sued over ‘selling priority access to news he himself generates for the benefit of a private company he controls’
By Bernard Condon and The Associated PressAugust 13, 2026
carsten
Commentary
SAP Chief Quantum Officer: AI is about to commoditize intelligence. Better decisions will be the next competitive advantage
By Carsten PolenzAugust 13, 2026
Google’s DeepMind is having an identity crisis
Newsletters
Google’s DeepMind is having an identity crisis
By Beatrice NolanAugust 13, 2026
Nvidia CEO Jensen Huang
Newsletters
Nvidia wants your pension fund in the AI trade
By Lily Mae LazarusAugust 13, 2026
Photo of Canva CEO Melanie Perkins
AI
AI was supposed to power Canva’s next act. It also exposed software’s most expensive problem
By Mia OsmonbekovAugust 12, 2026
Donald Trump speaks into a microphone.
Investing
Nearly a dozen firms are already paying up to $100,000 per month for early access to Trump’s Truth Social posts
By Sasha RogelbergAugust 12, 2026
CIOs and CTOs spent years lauding AI. Now, with costs rising, they’re putting limits on how it’s used
Newsletters
CIOs and CTOs spent years lauding AI. Now, with costs rising, they’re putting limits on how it’s used
By John KellAugust 12, 2026
Nvidia CEO Jensen Huang
Big Tech
Nvidia found a new way to keep the AI boom funded: your retirement money
By Eva RoytburgAugust 12, 2026
photo of Sam Altman
AI
Sam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there 
By Mia Osmonbekov and Catherina GioinoAugust 12, 2026
Michael Saylor with a cheek microphone, wearing a black suit, and wearing a Bitcoin pin.
Success
Elon Musk says AI will make money disappear. But crypto billionaire Michael Saylor says he’s wrong for one key reason: ‘We’re status-oriented animals’
By Preston ForeAugust 12, 2026
Nicolai Tangen, chief executive officer of Norges Bank Investment Management.
Investing
Norway $2.3 trillion fund posts best quarter since 2020
By Bloomberg and Heidi Taksdal SkjesethAugust 12, 2026
photo illustration of the Eli Lilly logo on a box of the new Foundayo weight loss oral pill.
Innovation
Lilly escalates its fight against black market weight-loss shots
By Bloomberg and Madison MullerAugust 12, 2026
‘Call Her Daddy’ host Alex Cooper raises money at a $500 million valuation
Startups & Venture
‘Call Her Daddy’ host Alex Cooper raises money at a $500 million valuation
By Lucas Shaw and BloombergAugust 12, 2026
Photo of Phoebe Gates
Retail
Phoebe Gates knew Phia shopping app took credit for sales it didn’t drive
By Bloomberg, Olivia Solon, Priyanjana Bengani and Jeff KaoAugust 12, 2026
Norway oil fund CEO says he’s more nervous after record returns
Investing
Norway oil fund CEO says he’s more nervous after record returns
By Heidi Taksdal Skjeseth and BloombergAugust 12, 2026
AI giants are quiet on climate in sign of post-ESG Wall Street
AI
AI giants are quiet on climate in sign of post-ESG Wall Street
By Olivia Raimonde, Summer Maxwell and BloombergAugust 12, 2026
Photo of Trump
Cybersecurity
Trump blames the military for the Air Force One subterfuge and claims he wasn’t really scared. ‘I get a lot of threats’
By The Associated Press and Will WeissertAugust 12, 2026
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Success
Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacksplaceholder alt text
By Sydney LakeAugust 14, 2026
Middle East
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade itplaceholder alt text
By Jason MaAugust 15, 2026
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$38 billion Twilio CEO wakes at 4:30 a.m., works Sundays, and runs laps around his house between meetings to blow off steamplaceholder alt text
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