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Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant | Fortune 0
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- August 16, 2026
A small investment made at the right moment has the power to launch ordinary people to millionaire status. All it took was $1,000 and an out-there idea for Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, to set his business on a path to becoming a $85 billion behemoth. “I had this idea that
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Exec at $27 billion tech giant HP hits back at Gen Z lazy label, saying they’re great at listening and building relationships | Fortune 0
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- August 16, 2026
Just like generations of 20-somethings before them, Gen Zers are being criticized for failing to adapt to traditional workplace norms. Some bosses complain about a lack of office etiquette and the high expectations they bring with them, while a vocal cohort say the digital natives are bringing valuable skills and a fresh approach to work.
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Harvard fund discloses $2.2 billion stake in Musk’s SpaceX | Fortune 0
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- August 16, 2026
Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, showing how the university’s endowment has profited from an early bet on Elon Musk’s giant rocket company. Harvard reported it holds the position in its 13F filing on Friday, revealing it’s one of the largest endowment holders of the stock. Space Exploration Technologies Corp. is the
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Alibaba AI models hit 3 billion downloads, passing Meta, Google | Fortune 0
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- August 15, 2026
Alibaba Group Holding’s open-weight models have accumulated more than 3 billion global downloads in the past six months, eclipsing Meta Platforms Inc., Alphabet Inc. and domestic peers to become the world’s No. 1 artificial-intelligence model. Qwen, Alibaba’s family of AI models, has open-sourced more than 460 models and its ecosystem has spawned 300,000-plus derivatives, the
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‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse | Fortune 0
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- August 14, 2026
President Donald Trump’s onslaught of tariffs was initially meant to grow government revenue. However, they may have inadvertently enabled a multi-billion dollar tax scheme for the U.S. economy: Companies have found tactics to evade the sky-high tariffs and are engaging in fraud that could have dire consequences for the country, including lowered federal tax revenues
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After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spent | Fortune 0
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- August 13, 2026
Steve and Connie Ballmer have given away more than $8 billion during the past two decades, and founded the Ballmer Group in 2015. Now they’re changing who gets to decide where the next donations go. The couple’s economic-mobility philanthropy, Ballmer Group, is spinning its three regional offices into separate, independent nonprofits for their regional grantmaking.
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