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The Latest Breaking News from Fortune

The top power players at Elon Musk’s tunnel firm The Boring Company

Elon Musk also runs five other companies and the federal government's DOGE program. Here's the key lieutenants he relies on at Boring Company.

Fortune

Who is in charge at the company formerly known as Twitter since Elon Musk took over?

Musk relies on an X team that includes former top execs from NBC and Hyundai.

Fortune

Elon Musk's offer to bring home stranded astronauts never reached the space station, say NASA astronauts who are still in orbit after 9 months

Musk said the astronauts could’ve been rescued sooner but the Biden administration rejected his assistance.

Fortune

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Companies like Spotify and Nvidia are standing by remote and hybrid work despite the latest RTO wave. These are the other companies committed to flexible schedules

Many major organizations are embracing the “flex” model to let employees work from anywhere.

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

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

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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.

Get all your
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.

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.

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