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Amanda GerutFortune |
Meta could have raised about $700 billion in equity capital before Zuckerberg lost majority control, a filing shows. The new share class will raise...
Meta exceeds revenue estimates as capex nearly doubles from a year ago.
Deloitte researchers have found that high-trust organizations have stronger engagement. But if one factor erodes, and it can start to collapse.
Computing leases, the Cursor acquisition, Grok, and reported deals with Anthropic and Google pushed AI revenue past Starlink for the first time as a...
“It’s an odd kabuki dance where two groups of people are talking, and I can’t be in the conversation,” said Musk Tuesday.
In a conversation with Fortune’s Diane Brady, the CEO of the payroll and HR giant said there’s a pretty simple way to boost engagement, but it...
The former Yahoo CEO, who just launched AI assistant startup Dazzle AI, says the odds still favor an AI future that’s good for science, creativity...
Tech investor Mark Long has replaced former CFO David Weigand.
The line became the most successful debut in history for retailer Ulta Beauty.
“It’s my baby, it’s our baby,” said Bieber, who conceived the makeup and skin care brand as a line of personal must-haves she always has in...
The head of the country’s largest Medicaid insurer wants to see AI impact medical access deserts, not just more billing.
One fund manager allegedly paid his 4 a.m. strip club bill from fund capital after his card was declined.
New CFO Hilary Maxson, who opted to take some of her pay in restricted stock units, fared much better.
Iron Man comics, dinosaur bones, and the long wait for an IPO.
The money allegedly went towards online gambling, shopping, and meals at restaurants, regulators say.
A nasty dispute between a former CEO and his interim replacement has escalated into a fight for control of the once high-flying Better.com.
Luum has raised $36 million to put a robot to work on your lash appointment—and cut the time it takes roughly in half.
Median compensation for tech executives rose 45% from 2021 to 2025, faster than it did for CEOs, CFOs, and COOs.
Apple tied 75% of the new CEO’s annual equity target to shareholder return relative to the S&P 500. Neither award is granted until fiscal 2027
Fake job applications are surging just as Mythos fear narrows the investment field.
But a market that doesn’t exist yet could yield an even larger payoff.
People want to know where the CEO is dining, and more importantly, who he's with.
Nvidia’s stock climbed more than 4% in after-hours trading after delivering a blowout quarter and projecting $100 billion more revenue than analysts...
Nvidia's second quarter fiscal 2027 earnings results were released after the market closed on Wednesday.
The report, shared with Fortune ahead of its Wednesday release, says ripple effects could push the total above $1.1 trillion if water-ice rocket fuel...
The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more...
Boards, CEOs, and the executives who report to them are sharply divided on who owns AI.
The ex-CEO was previously forced to resign from Lockheed Martin after a 2012 ethics investigation confirmed he had a personal relationship with a...
The New York financier at the center of the case, Andrew Spaventa, denied the allegations on Friday, and said he planned to defend himself.
Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen on a company that has yet to...
A handful of elite Bay Area schools have enlisted parent-donors from Sequoia, Lightspeed, and Battery to steer small pools of donated capital into...
The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.
SpaceX’s SEC filings describe lunar satellite factories, electromagnetic launchers, and robotic mineral mining. The founders building space...
The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.
SpaceX posted $7.8 billion in quarterly revenue, surging ahead of the $6.9 billion consensus, as Starlink subscribers doubled to 12 million and $14.1...
AWS just posted $42.2 billion in revenue with its fastest growth in 18 quarters and the AI platform saw more spending last quarter than in every prior...
AWS revenue hit $42.2 billion in Q2, marking its fastest growth in 18 quarters as AI demand outpaces Amazon's ability to build more data centers.
Azure crossed $100 billion in revenue for the first time, and a new disclosure about OpenAI offered some respite.
Microsoft's fiscal Q4 revenue of $90 billion topped Wall Street targets, while Copilot reached 30 million paid seats, and an investment in Anthropic...
Days after Wall Street punished Alphabet for its unbridled spending on AI infrastructure, the world's two leading cloud giants are set to provide the...
Former SentinelOne executives are cracking down on your AI tools.
Micron Technology, SK Hynix, and Samsung hit $1 trillion or more in market cap this year due to surging demand for memory chips.
Before buying into the hype, pros say to skip the first-day frenzy, follow the revenue, and read the prospectus.
The streaming company touted the efficiencies of AI in its Q2 earnings, while stressing that movies will still be 'made by people who make movies.'
The SEC has received more than 66,000 comment submissions on the controversial rule, and now, claims that there may have been a typo in the email...
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.
“This is not to say this settlement is run-of-the-mill,” Judge Sparkle L. Sooknanan wrote.
Hyperscalers have sold an estimated $194 billion in AI-related bonds this year, and widening spreads on Amazon’s latest bond issuance show the...
The rocket maker’s gated stock-sale structure is designed to keep billions of shares from cratering the stock price.
A group of experts at Fortune’s Brainstorm Tech event in Aspen pinpointed a problem: People have more data than ever from their wearables, but...
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