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The Latest Breaking News from Fortune

Tech CEO Replaced 80% of Staff After Workers Refused to Embrace AI: 'Would I Do It Again? Absolutely'

IgniteTech's decision to replace 80% of its workforce for resisting AI adoption is changing how businesses innovate. Explore the challenges and benefits of workforce restructuring in the AI era.

International Business Times UK

Meet the CEO of US Polo Assn: He grew up in one of America's poorest regions and now hosts Prince William and runs a $2.7 billion brand

The U.S. Polo Assn. CEO studied accounting when millennials and boomers were abandoning it—and it opened the door to a $2.7 billion career in luxury fashion.

Fortune

The G7 just pledged to break China's rare earth grip — there’s a lot of work to do

Seven of the world's largest economies want to cap China's rare earth dominance at 60% by 2030. Experts say "it's definitely a bold target."

Fortune

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Vanguard's alarming state of retirement in 2026: The average American has $167,970 in their account—or they have $44,115

It depends on who you ask—and who you are.

Fortune

PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades

Roelof Botha, who spent more than two decades at VC firm Sequoia Capital, first worked with Elon Musk at PayPal.

Fortune

‘I have nothing to lose’: Perplexity CEO says fear of failure is ‘the stupidest thing’ holding you back

When fear of failure strikes, Aravind Srinivas, the CEO of AI giant Perplexity, reminds himself that just having a job was once the bar for success.

Fortune

Steven Schwartz, Whop founder who sold water on China's streets, created 650 millionaires. Meet the 26-year-old grabbing headlines

Steven Schwartz, a 26-year-old entrepreneur, co-founded Whop, a social commerce platform now valued at $1.6 billion. He once sold water on the streets of China and today, he is the head of one of the fastest-growing digital commerce platforms in the world. His idea is to make work more fun.

The Economic Times

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Exclusive: A 21-year-old Stanford grad just raised $11 million to put a hormone lab on your wrist

As Oura and WHOOP expand into women's health, startup Clair Health has raised $11 million to build a wearable designed from the ground up to continuously model hormonal cycles.

Fortune

Michael Burry is ‘tempted’ to face Elon Musk’s wrath, but says SpaceX put options aren’t enticing enough for ‘fundamentally a small space company’

“I am not involved with SpaceX now. Neither short nor, ahem, long,” wrote Burry.

Fortune

TIAA CEO Thasunda Brown Duckett is undertaking a retirement revolution—with $1.5 trillion to back it up

Also: All the news and watercooler chat from Fortune.

Fortune

The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America

Nuri Katz has spent 34 years moving the world’s ultrarich from one country to another, and now Americans top the list: “I’ve never seen that before.”

Fortune

The new problem for millennial parents in the Northeast: The million-dollar starter home

The first rung on the property ladder now costs seven figures in a record 242 cities, a new Zillow report shows.

Fortune

He fled Iran for the American Dream, became a millionaire, and could have retired—instead, he built the health tech that saved his father from cancer

This health tech millionaire fled Iran with nothing. Now he skips lunch, spends $500 a month on carrot juice, and bought his whole team Rolexes.

Fortune

SpaceX's $60 Billion Cursor Deal Comes With a Twist: It Didn't Spend a Dollar in Cash

Elon Musk's SpaceX acquires AI coding startup Cursor for £44.7 billion in an all-stock deal, riding its post-IPO share surge. This move boosts SpaceX's AI capabilities and market position.

International Business Times UK

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Fortune

Citi, Ford, and Experian share their strategies for scaling AI agents

AI agents require trust. And building trust takes time. At Fortune Brainstorm Tech, business leaders discussed how they're making it work at their companies.

Fortune

Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

Fortune

'Making China the elephant in the room': The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say

With U.S. export controls on Anthropic boxing out allies and China controlling the minerals behind clean energy, the summit's AI and trade goals might be stymied.

International Business Times UK

Who Is Michael Truell? The 25-Year-Old Cursor CEO Behind Spacex's $60 Billion Deal Option

Cursor CEO sold his AI coding startup to SpaceX for $60bn. The MIT dropout became Silicon Valley's fastest-rising tech entrepreneur but tech community is divided over this record-breaking acquisition.

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news in one place.

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Fortune

Anthropic shutdown ignites calls for sovereign AI across Europe

Washington’s decision to cut off access to Anthropic’s newest frontier AI has forced Europe into a reckoning.

Fortune

Cursor’s 25-year-old CEO is a former Google intern who just cemented a $60 billion deal with SpaceX

From Google intern at 18 to a billionaire at 25, Cursor CEO Michael Truell’s rise is one of Silicon Valley’s fastest.

Fortune

Exclusive: Voice AI startup Bland raises $50 million after being rejected by 180 investors

Isaiah Granet turned a Y Combinator rejection streak into a nine-figure funding story by betting that AI won't replace the phone—it will answer it.

Fortune

No country for rich men: 6 out of 10 wealthy Americans want to pull a Clooney and pack their bags

It's not about politics. Life in America is too expensive.

Fortune

CMo

The next big growth lever isn't hiding in the finance department. It's creativity, and it's reshaping the role of the CMO while giving marketing a bigger voice in the boardroom.

Fortune

OpenAI’s financials have leaked, showing $21 billion in losses against $13 billion in revenue

Everything you need to know before you reach the office this morning.

Fortune

REE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam's economy. Here's what she thinks comes next

Nguyen Thi Mai Thanh spent the Vietnam War working as a medic. She's since been at the forefront of Vietnam's transformation, including leading the first company to privatize and publicly list.

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