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Code Metal lands $80 million Pentagon deal to modernize military wargaming | Fortune 0
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- August 15, 2026
Preston Fore here. Landing a defense contract has historically meant navigating layers of government bureaucracy, with proposals often taking years to turn into cash. But software unicorn Code Metal is getting something new defense contractors rarely get from the Pentagon: speed. The Boston-based firm just landed an $80 million contract to modernize and AI-enable WarMatrix,
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Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out | Fortune 0
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- August 15, 2026
The U.S. and Iran remain deadlocked over reopening the Strait of Hormuz as each side tries to see how long the other can hold out, and signs of significant oil flows out of the Persian Gulf indicate President Donald Trump is betting he has additional leeway. In the past week, the administration has pushed back
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Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes. He may still pay a price under a 140-year-old doctrine | Fortune 0
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- August 14, 2026
Forbes fired its longtime chief content officer, Randall Lane, in July after discovering he had received an undisclosed payment of about $6 million from RJ Shook, the founder of Shook Research, a firm that has partnered with Forbes since 2016 to publish its rankings of top wealth advisers. Lane, 58, worked at Forbes for 15
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The electric shock gloves ICE is spending up to $20 million on are already being given to police officers in Omaha public schools | Fortune 0
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- August 14, 2026
U.S. Immigration and Customs Enforcement (ICE) is preparing to spend up to $20 million on electric shock gloves, an emerging technology already being deployed by police in public schools in Omaha, Nebraska. ICE will equip officers with high-tech gloves capable of delivering electric shocks, according to documents published this week by the Department of Homeland
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Warner Bros. Discovery CEO David Zaslav Beneficiary of $21.7 Million Stock Sale as Paramount Merger Is Stuck on Hold 0
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- August 13, 2026
David Zaslav, president and CEO of Warner Bros. Discovery, has now sold over $195 million worth of stock since the media company clinched a deal to be acquired by David Ellison’s Paramount Skydance earlier this year. Zaslav’s latest sale of 773,173 shares of WBD stock, for an aggregate market value of $21,655,292, was handled on
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Jennifer Garner cofounded a $732 million business at 45, and says her age came with perks: ‘I’m blissfully not motivated by needing to be in charge’ | Fortune 0
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- August 13, 2026
The image of hoodie-wearing college students launching billion-dollar businesses from their dorm rooms has become an entrepreneurship cliché. And while leaders say there are advantages to being a young founder—having more energy and fewer responsibilities—there are also perks to starting a business later in life. Actress Jennifer Garner became a cofounder of $732 million business
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