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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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Current price of oil as of July 13, 2026

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Trump embraces Australian retirement system backed by Larry Fink
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Jony Ive (left), formerly with Apple and now with OpenAI, standing next to Laurene Powell Jobs, the widow of Apple founder Steve Jobs, at an event in 2022.
Stolen laptops, data breaches, secret moles, and recruiting-as-espionage. Here are the wildest claims in Apple’s lawsuit against OpenAI

Apple’s lawsuit against OpenAI for stealing trade secrets reads like a corporate spy thriller

By Emily ForliniJuly 13, 2026
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
By Marco Quiroz-GutierrezJuly 13, 2026
u
Europe to social media platforms: make yourself safe for kids under 13, somehow
By Lorne Cook, Kelvin Chan and The Associated PressJuly 13, 2026
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
By Nick LichtenbergJuly 13, 2026
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
By Sydney LakeJuly 13, 2026
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Columbia Business School professors: What the Balogun red card can teach us about AI and judgment
By Oded Netzer, Christopher Frank and Paul MagnoneJuly 13, 2026
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Big Tech
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SpaceX and Amazon are tech doppelgangers worth $4.5 trillion—and they’re headed for a collision

Elon Musk’s space-and-AI company lost $4.9 billion last year and trades at 97 times sales. Investors need a lot to go right.

By Amanda GerutJuly 13, 2026
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

As governments race to restrict minors’ social media use, the tech billionaires who built the platforms are imposing strict screen limits at home.

By Marco Quiroz-GutierrezJuly 12, 2026
This former U.S. soccer player built a $20 billion-a-year company. Now, he says resilience matters more than talent—and points to Lionel Messi as proof

Jim Kavanaugh, a former U.S. Olympian, says the habits that made him a top athlete also helped him build World Wide Technology, a multibillion-dollar firm.

By Preston ForeJuly 12, 2026
James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX

His early bet on the rocket company has likely made him much richer than his father Rupert Murdoch ever did.

By Claire AtkinsonJuly 12, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Shuman Ghosemajumder
Exclusive: Google’s former ‘click fraud czar’ emerges from stealth with an on-device AI shield against AI-powered phishing, deepfakes, and other scams

Shuman Ghosemajumder’s new startup Reken uses an on-device ‘private core’ to analyze communications, automatically screening them for phishing and fraud attempts.

By Jeremy KahnJuly 13, 2026
Millionaires’ playground Marbella wants to become a tech hub

Now, the city wants to reinvent itself, with a  “2.0” vision that positions the Costa del Sol as a Silicon Valley of Europe, with Marbella as its Palo Alto.

By Sabrina Nelson Garcinuño and BloombergJuly 13, 2026
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio

This millennial founder survived a near-death experience. With just $1,000, he’s built a multimillion-dollar game studio inspired by a philosophy from Whole Foods’ CEO.

By Preston ForeJuly 12, 2026
Valarian raises $50 million to help governments and enterprises escape America’s cloud grip

An ex-Palantir exec co-founded the London startup building the software layer between governments and their AI.

By Lily Mae LazarusJuly 13, 2026
More in Startups & Venture
AI
More in AI
Why corporate strategy is moving to the CFO’s office
Why corporate strategy is moving to the CFO’s office

At a recent McKinsey forum, most CFOs said the strategy function now reports to them.

By Sheryl EstradaJuly 13, 2026
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply

The memorandums of understanding were signed with the Florida-headquartered Hummingbird AI Holdings and New York-based Ernst and Young LLP.

By Anselm Gibbs and The Associated PressJuly 12, 2026
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple

Most of OpenAI’s Apple recruits came from Ternus’ hardware engineering division, and some designers had backed Tan over Ternus for the top hardware job in 2021.

By Mark Gurman and BloombergJuly 11, 2026
More tech workers are retiring early because they don’t want to deal with AI-related changes: ‘Many people believe it’s overblown’

“For tech people, one of the distinctive features is that the learning curve of getting up to speed on a new technology can be a lot of effort,” one retirement expert said.

By Sasha RogelbergJuly 12, 2026
More in AI
Innovation
More in Innovation
Rocket shortage leaves Europe defenseless in space wars
Rocket shortage leaves Europe defenseless in space wars

European startups are racing to create an alternative to the U.S., but there have been only a handful of launches

By Gerry Doyle, Alan Crawford and BloombergJuly 13, 2026
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

Neuroscientist Jared Cooney Horvath said older generations “screwed up” giving students access to so much technology: “I genuinely hope Gen Z quickly figures that out and gets mad.”

By Sasha RogelbergJuly 12, 2026
Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

Bezos ramps up his rivalry with Elon Musk over space with the move, letting in institutional investors right as SpaceX stumbles in public markets

By Mia OsmonbekovJuly 8, 2026
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.

In the first half of 2026, U.S. VCs deployed $412.7 billion, a record that surpasses the full year of 2025 by 30%, according to PitchBook’s new report.

By Allie GarfinkleJuly 10, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype

Meta’s new feature disables its smart glasses’ camera if users tamper with the LED recording light.

By Marco Quiroz-GutierrezJuly 11, 2026
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says

U.K. AI agency found ‘universal jailbreaks’ that unlocked dangerous cyber capabilities in OpenAI’s GPT-5.6

By Emily Forlini and Jeremy KahnJuly 10, 2026
South Korean law targeting ‘fake news’ takes effect, but journalists say it discourages critical reporting and can lead to self-censorship

Journalists and civil liberties groups warn the the vaguely worded law could potentially discourage critical reporting about government officials, politicians and large businesses.

By The Associated Press and Kim Tong-HyungJuly 7, 2026
Palantir CEO Alex Karp is wrong about the threat Anthropic and OpenAI pose to most enterprises. That doesn’t mean he doesn’t have something to lose

The Palantir CEO says Anthropic and OpenAI deliver no value and ‘steal alpha’ from customers. Is he right?

By Jeremy KahnJuly 7, 2026
More in Cybersecurity
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U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
Politics
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
By Jon Gambrell, Konstantin Toropin, Will Weissert and The Associated PressJuly 13, 2026
Lindsey Graham and Mitch McConnell face each other.
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McConnell’s absence could jeopardize Republicans’ defense spending agenda as the Iran war escalates
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North America
America pays workers just 27% of what its wealth allows — the worst in the OECD
By Stephen Bagwell, Susan Randolph and The ConversationJuly 13, 2026
college
Personal Finance
The real reason college costs 43% of family income isn’t tuition
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North America
How Pete Hegseth’s DEI order just put Scouting America’s future at stake
By Seth T. Kannarr, Derek H. Alderman and The ConversationJuly 13, 2026
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Commentary
When AI decides how shareholders vote, boards need to rethink governance
By Jane SadowskyJanuary 17, 2026
  • AI ‘godfather’ Yoshua Bengio says he’s found a fix for AI’s biggest risks and become more optimistic by ‘a big margin’ on humanity’s future
    AI
    AI ‘godfather’ Yoshua Bengio says he’s found a fix for AI’s biggest risks and become more optimistic by ‘a big margin’ on humanity’s future
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The CEO of Informatica, Amit Walia
Success
Like DoorDash and Google’s CEOs, $7.6 billion Informatica boss is a McKinsey alum—he says being ‘pushed around’ by smart consultants helped him grow
By Emma BurleighJanuary 17, 2026
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Crypto
Stablecoins will shake up the $900 billion remittance market—setting up a fight between crypto firms and legacy brands like Western Union
By Carlos GarciaJanuary 17, 2026
Exclusive: Elon Musk’s Boring Co. is studying a tunnel project to Tesla Gigafactory near Reno
Innovation
Exclusive: Elon Musk’s Boring Co. is studying a tunnel project to Tesla Gigafactory near Reno
By Jessica MathewsJanuary 16, 2026
ChatGPT tests ads as a new era of AI begins
AI
ChatGPT tests ads as a new era of AI begins
By Sharon GoldmanJanuary 16, 2026
Trump says he’ll make tech firms pay for power. They’d love to
AI
Trump says he’ll make tech firms pay for power. They’d love to
By Michelle Ma, Alicia Tang and BloombergJanuary 16, 2026
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    North America
    If your phone is on SOS (and you can see this), yes, Verizon is having a major outage across the U.S.
    By The Associated PressJanuary 14, 2026
Close cropped images of Sam Altman alongside an actor playing him.
AI
A filmmaker deepfaked Sam Altman for his movie about AI. Then things got personal
By Beatrice NolanJanuary 16, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week, Jan. 10-16, 2026
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week, Jan. 10-16, 2026
By Fortune EditorsJanuary 16, 2026
Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’
Success
Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’
By Orianna Rosa RoyleJanuary 16, 2026
powell
Banking
‘We are Jerome Powell’: Gen Z finds an unlikely meme hero in the Fed chair via AI songs and fan edits
By Eva Roytburg and Nick LichtenbergJanuary 16, 2026
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Commentary
Adaptability is the new job security and 4 more future AI trends from EY’s global chief innovation officer
By Joe DepaJanuary 16, 2026
  • McKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors
    AI
    McKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors
    By Jake AngeloJanuary 14, 2026
Former OpenAI CTO and now cofounder and CEO of Thinking Machines Mira Murati
AI
Wave of defections from former OpenAI CTO Mira Murati’s $12 billion startup Thinking Machines shows cutthroat struggle for AI talent
By Jeremy Kahn and Sharon GoldmanJanuary 16, 2026
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Commentary
Google Meet exec on the knowledge engine hiding in your calendar: meetings become IP
By Awaneesh VermaJanuary 16, 2026
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AI
In the AI economy, the ‘weirdness premium’ will set you apart. Lean into it, says expert on tech change economics
By Jake Angelo and Nick LichtenbergJanuary 16, 2026
Databricks CEO speaking on stage.
Newsletters
2025 U.S. VC deal value soared to $339.4 billion, says PitchBook. But there’s a catch.
By Allie GarfinkleJanuary 16, 2026
Signage for Taiwan Semiconductor Manufacturing Company (TSMC) at its fabrication plant in Phoenix, Arizona on Monday, March 3, 2025. (Photo: Rebecca Noble/Bloomberg/Getty Images)
Newsletters
U.S. and Taiwan reach a chippy new trade agreement
By Andrew NuscaJanuary 16, 2026
From left: Hari Bala of Solventum, Bill Briggs of Deloitte; Susan Doniz of Disney, Lauri Palmieri of Salesforce, and Allie Garfinkle of Fortune at the annual Brainstorm Tech dinner during CES in Las Vegas on Jan. 5, 2026. (Photo: Jacob Kepler/Fortune)
AI
Protect your agentic AI before you wreck your agentic AI
By Andrew NuscaJanuary 16, 2026
Chubbies cofounder Kyle Hency is back—his new startup Good Day just raised $7 million in seed funding
Retail
Chubbies cofounder Kyle Hency is back—his new startup Good Day just raised $7 million in seed funding
By Allie GarfinkleJanuary 15, 2026
newsom
Personal Finance
Gavin Newsom’s anti-Zohran moment: the California billionaire tax that splits the Democratic Party down the middle
By Nick LichtenbergJanuary 15, 2026
Oracle struggles to attract workers to Nashville ‘world HQ’—even with a 2-million-square-foot office and Larry Ellison’s favorite restaurant
Big Tech
Oracle struggles to attract workers to Nashville ‘world HQ’—even with a 2-million-square-foot office and Larry Ellison’s favorite restaurant
By Marco Quiroz-GutierrezJanuary 15, 2026
Customers lament Tesla’s move toward monthly fees for self-driving cars: ‘You will own nothing and be happy’
Innovation
Customers lament Tesla’s move toward monthly fees for self-driving cars: ‘You will own nothing and be happy’
By Tristan BoveJanuary 15, 2026
Worried about AI taking your job? New Anthropic research shows it’s not that simple
Newsletters
Worried about AI taking your job? New Anthropic research shows it’s not that simple
By Sharon GoldmanJanuary 15, 2026
Photo of Miles Brundage, a former OpenAI policy researcher who has founded AVERI, a nonprofit institute advocating for independent AI safety audits of top AI labs.
AI
Exclusive: Former OpenAI policy chief creates nonprofit institute, calls for independent safety audits of frontier AI models
By Jeremy KahnJanuary 15, 2026
A Verizon store in New York, US, on Wednesday, Jan. 14, 2026.
Law
Verizon offers $20 account credits for 1.5 million customers outraged by mysterious 10-hour-long service outage. Here’s how to get the credit
By Eva RoytburgJanuary 15, 2026
Exclusive: Mytra raises $120 million Series C to scale supply chain robotics amid industry boom
Newsletters
Exclusive: Mytra raises $120 million Series C to scale supply chain robotics amid industry boom
By Allie GarfinkleJanuary 15, 2026
IPO boom times are back, with SpaceX and OpenAI on investors’ 2026 wish list. But be careful what you buy
Magazine
IPO boom times are back, with SpaceX and OpenAI on investors’ 2026 wish list. But be careful what you buy
By Jeff John RobertsJanuary 15, 2026
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Investing
Trump’s chips ‘proclamation’ causes retail investors to dump the Magnificent Seven stocks  
By Jim EdwardsJanuary 15, 2026
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Newsletters
Verizon hit with a major U.S. outage
By Andrew NuscaJanuary 15, 2026
sharma
Commentary
AI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them
By Kriti SharmaJanuary 15, 2026
Using AI just to reduce costs is a woeful misuse of a transformative technology
Commentary
Using AI just to reduce costs is a woeful misuse of a transformative technology
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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parentsplaceholder alt text
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Trump embraces Australian retirement system backed by Larry Finkplaceholder alt text
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