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The Latest Breaking News from Fortune

Elon Musk's DOGE slapped a $1 limit on government credit cards and now workers say they can’t do their jobs

The cost-cutting spree has hampered workers’ ability to buy office or lab supplies, access legal filings, or travel for work.

Fortune

Robinhood taps HQ Trivia host for new contest with $2 million in Bitcoin prizes—and some Doge

The “Quiz Daddy” is back (just for two days), and he’s ready to dive back into the “nitty-gritty.”

Fortune

Louis Vuitton plans to foray into prestige cosmetics to win back aspirational shoppers, taking a page from its luxury rivals

Louis Vuitton's choice of makeup artist Pat McGrath shows "their aim to excellence and innovation in [the] newly introduced product line,” one expert said.

Fortune

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Best Buy's CEO explains what Trump's tariffs really mean

Best Buy's shares fell 13% as Wall Street waits to see tariffs' impact on consumers.

Fortune

The SEC’s 'Crypto Mom' defends decision to drop lawsuits: ‘Our law is not supposed to be a game of gotcha’

Commissioner Hester Peirce on the SEC’s new approach toward blockchain.

Fortune

Sequoia’s Roelof Botha on the current dealmaking climate, VC firm proliferation, and sneaker style

Sequoia Capital’s Roelof Botha discusses leadership and the shifting VC landscape.

Fortune

Billionaire 5-hour Energy founder says you can learn more about managing a business from your mom than getting an MBA

"She has unruly employees she can't fire—24/7," Manoj Bhargava said.

Fortune

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Malaysia is buying Arm's blueprints for $250 million to realize its ambitions to be a 'non-aligned' chip player

Malaysia hopes its Arm deal will help foster 10 local chip companies with annual revenue between $1.5 billion to $2 billion each.

Fortune

RGA and Equitable pen $32 billion reinsurance deal expected to boost future earnings

Two Fortune500 companies have announced a reinsurance agreement for $32 billion worth of policies, with RGA adding it expects to add millions to operating income as a results.

Fortune

How North Korea cracked Bybit’s crypto safe to steal $1.5 billion in a record heist

North Korean hackers lay in wait for “probably many months.” Here is a step-by-step guide to how they pulled off the robbery.

Fortune

Over 80% of Millennials say they can't afford a midlife crisis

81% of millennials say they can’t afford a midlife crisis, a recent psych study shows.

Fortune

Meet the investor backing some of your favorite female-founded startups

Female Founders Fund returned its first fund late last year.

Fortune

Crypto firms offer no easy way to pass on your Bitcoin—it's time for that to change

It should be easy to leave your bitcoin behind, without compromising security while you’re alive.

Fortune

Vesta, mortgage infrastructure startup, reports growth at high-pressure time in housing

Vesta's last public round was announced in 2022, a $30 million Series A, and Fortune can now report that the company has raised an additional $20 million.

Fortune

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news in one place.

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Fortune

Nvidia shares plunge 9% as Trump’s tariff crackdown and Singapore AI server smuggling arrests shake chip giant

The aggressive tariff plans prompted a broader market pullback, as concerns over trade restrictions sent stocks reeling and the Dow plunging more than 600 points.

Fortune

Disney's former Marvel and Star Wars dealmaker cautions Amazon on James Bond 'brand withdrawals'

Candle Media CEO Kevin Mayer warns Amazon: Don't shake Bond's brand, stir carefully.

Fortune

Home sellers are ‘waking up to reality’ and are slashing prices to combat stubbornly high mortgage rates

Realtor.com’s chief economist predicts “further price softening” for the spring.

Fortune

U.S. pauses cyber-offense activity against Russia as Trump tries to end Putin's war on Ukraine, reports say

The pause that Hegseth ordered is meant to remain in effect while negotiations to end Russia’s war on Ukraine are ongoing, the Washington Post reported.

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Fortune

Poshmark’s CEO lets his Gen Z workers chose what he wears—he says it helps him ‘immerse’ into the next generation’s thinking

Manish Chandra taps young employees to revamp the fashion company’s app, and suggest new brands to be added to the site.

The Independent UK

23andMe CEO Anne Wojcicki trying to buy DNA testing app she sold for $6bn for just $75m

The CEO has joined forces with venture capital firm New Mountain Capital in the bid to take the company private

Tom’s Hardware

Former Intel directors strongly oppose TSMC takeover, call for Intel fabs spinoff

Former Intel directors say TSMC fabs takeover is a terrible idea, but fab spinoff to a consortium of companies is a good idea.

Fortune

SpaceX’s Starlink could have some advantages over Verizon in bid for FAA contract takeover, experts say. It could also trigger a slew of conflict-of-interest lawsuits from competitors

The FAA is reportedly considering ending a $2.4 billion contract with Verizon to update its communication technology and instead award it to Elon Musk’s SpaceX.

Fortune

23andMe was once worth $6 billion. Now CEO Anne Wojcicki wants to buy it back for $42 million

Experts say the CEO’s second attempt to buy back the troubled DNA startup comes with a slew of corporate governance red flags.

Fortune

Intel is back—stop talking about breaking it up: Craig Barrett

If we want semiconductor manufacturing leadership in the U.S., then build on the current resurgence of Intel, don’t tear it apart.

Fortune

Elon Musk overhauled the Obama-era Digital Services agency and turned it into DOGE. Ex- employees say it betrays the original mission

The U.S. Digital Service was created in 2014 to bring digital best practices to the federal government. In its new incarnation, the office is focused on eliminating bureaucracy and cutting costs.

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