Fortune

Elon Musk, the world’s wealthiest individual and the CEO of Tesla Inc., SpaceX, and xAI, has stepped down from his official role with President Donald Trump’s Department of Government Efficiency (DOGE). What Happened: Musk’s decision comes amidst significant fluctuations in his...

Elon Musk, the world’s wealthiest individual and the CEO of Tesla Inc., SpaceX, and xAI, has stepped down from his official role with President Donald Trump’s Department of Government Efficiency (DOGE). What Happened: Musk’s decision comes amidst significant fluctuations in his...

The traditional foundation-based philanthropy model pioneered by Bill Gates and Warren Buffett faces disruption from proposed tax policies, while female mega-donors like Melinda French Gates and MacKenzie Scott reshape charitable giving through trust-based direct donations. What Happened: Gates...

Perplexity AI’s revenue and usage has grown 700% since the start of the year after the artificial-intelligence tech startup closed a new $250 million round of funding. The AI-powered search engine said it answered about 250 million questions in the last month, up from 500 million queries for...

Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg's fortune has grown by about $44 billion this year.  According to the Bloomberg Billionaires Index, Zuckerberg now ranks as the 12th richest person on the list, with a net worth of $89.9 billion. Just above him are ...

So you are pretty sure artificial intelligence is the future and you want a job in AI before it takes yours, but you don't know how to code or have a background in technology. Not to worry! There's a new job you are likely qualified for, and it's paying hundreds of...

“Crisis can be… a catalyst or can speed up changes that are on the way — it almost can serve as an accelerant,” said Arun Sundararajan, an NYU Stern School of Business professor and digital transformation researcher. And, it’s true. We are all aware that the...

As more baby boomers (those born from 1946 to 1964) move deeper into retirement, a massive transfer of wealth to younger generations is approaching. One report mentions that over the next 25 years, U.S. households will pass nearly $70 trillion to their children. But there is no guarantee that a...

Nasdaq (NASDAQ: NDAQ) CEO Adena Friedman said that the exchange intends to apply blockchain to financial market infrastructure and become a disrupter in the space. What Happened: According to a Tuesday Fortune report, Friedman said that, currently, "[it] is just not in a...

Kraken’s Chief Executive is reportedly reconsidering the direct listing approach to take the crypto exchange public. What Happened: Jesse Powell, who co-founded Kraken in 2013 and acts as the exchange’s CEO, told Fortune on Thursday that an IPO now seems like a more...

Amrita Ahuja, CFO of Square Inc (NASDAQ: SQ), thinks Bitcoin could be an essential part of a company’s balance sheet, based on her recent comments to Fortune. What Happened: “There’s absolutely a case for every balance sheet to have Bitcoin on it. We see Bitcoin and...

Jordan Belfort, former head of the now-defunct brokerage Stratton Oakmont, believes he took the wrong position on Bitcoin (CRYPTO: BTC). What Happened: In a recent interview with Fortune, the investor admitted to being wrong about Bitcoin back in 2017 when he appeared on national...

Andreessen Horowitz has published a report studying the way crypto prices have evolved. What Happened: The Melo Park venture capital firm released a report about cryptocurrency prices development on Nov. 24.  It outlines three “cycles” the crypto industry...

Robinhood co-founder Baiju Bhatt has stepped down as the company’s CEO. What Happened: Fortune reported that Vlad Tenev, the company’s co-founder, is now Robinhood’s single CEO. Bhatt is stepping down from what used to be a dual CEO position but remains the co-founder and...