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Meta’s $17 billion child-safety settlement is the biggest tech payout ever—or 3x what it paid to acquihire a 28-year-old AI superstar | Fortune 0
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- August 26, 2026
Meta Platforms agreed Wednesday to pay up to $17.1 billion to settle a landmark lawsuit brought by 29 states alleging the company deliberately engineered Facebook and Instagram to be addictive to children, marking the largest single settlement in the company’s history and the biggest tech-industry payout ever recorded in a single case. Meta’s press release
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Goldman Sachs Global Institute co-head: remaking our world for machine intelligence | Fortune 0
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- August 26, 2026
The emergence of new technology has long inspired humans to shape our environments. The invention of steel permitted the rise of skyscrapers, the automobile inspired highway systems and the internet gave rise to a whole new set of digital spaces. Now, a new force for change is upon us. The pace of improvement in AI
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Intuit hits a record milestone of $20 billion in revenue—and sets the stage for a strategic pullback | Fortune 0
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- August 26, 2026
Good morning. Intuit closed fiscal 2026 with numbers that would make most software companies celebrate. But the company is entering fiscal 2027 with a different priority: rebuilding customer acquisition, even if that means sacrificing revenue growth in the near term. For its fiscal fourth quarter, reported Tuesday, Intuit (No. 231 on the Fortune 500) posted
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Why Dubai has become a city of retail traders | Fortune 0
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- August 26, 2026
Welcome to this week’s Fortune Gulf Brief. Regular readers might notice a different author byline today, that’s because Melissa is taking a well-earned break although, knowing journalists, probably with one eye on her phone and what’s happening in the Gulf. Ordinary service resumes next week. Until then, I’m Inzamam Rashid, international journalist and broadcaster based
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Nike brought back a 32-year veteran to save the $60B brand. Its turnaround is still a ‘long, hard slog’ | Fortune 0
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- August 26, 2026
The news traveled quickly across Nike’s sprawling headquarters in Beaverton, Ore. Elliott Hill was coming back. Employees high-fived. An audible cheer could be heard in parts of Nike’s 400-acre campus. Current and former employees lit up group chats and social media. On Wall Street, investors joined the celebration, sending Nike shares up roughly 8% in
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The creator economy is headed for $500 billion, so why do their fans feel like a prison? | Fortune 0
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- August 26, 2026
If given the chance to gain thousands of admirers for your work, would you take it? The artists who my colleagues and I interviewed as part of our research on content creators did – and many went on to question whether it was worth it. Mark, an illustrator with millions of followers, revealed a deep
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