July 12, 2025

BUSINESS

BUSINESS

North Korean operatives and American accomplices accused in massive fraud that infiltrated the Fortune 500 and stole millions

The Justice Department on Monday announced a significant crackdown on the North Korean IT workers fraud scheme, with two new indictments naming more than a dozen alleged conspirators accused of stealing millions from at least 100 companies in the past four years.  According to the first major indictment from the District of Massachusetts, a crew

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BUSINESS

Inhibikase Therapeutics shareholders elect directors and approve equity plan changes

Inhibikase Therapeutics shareholders elect directors and approve equity plan changes

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BUSINESS

China left off toughest tier of UK regime tracking ‘covert foreign influence’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has been left off the top tier of the British government’s new register to track “covert foreign influence” as UK ministers seek to rebuild relations with Beijing in their pursuit of growth.  Britain’s new foreign

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BUSINESS

Mark Zuckerberg overhauled Meta’s entire AI org in a risky, multi-billion dollar bet on ‘superintelligence’

Mark Zuckerberg is stacking the deck in the AI race, betting that unlimited capital, top talent, and raw computing power will ensure victory. If the winning hand Zuckerberg is chasing—AI “superintelligence”— is still very much a vague and theoretical concept, the Meta CEO’s remarkable series of moves unveiled Monday instantly changed the reality for everyone

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BUSINESS

Shay capital buys Tilly's (TLYS) shares worth $318,269

Shay capital buys Tilly's (TLYS) shares worth $318,269

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BUSINESS

Oracle shares hit record high on $30bn cloud contract

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle shares soared to a record high, as the database giant announced a $30bn cloud computing contract worth nearly triple the annual revenue it generates from its fastest-growing division. The tech group, which is valued

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BUSINESS

Mary D’Onofrio leaves Bessemer Venture Partners for Crosslink Capital

Mary D’Onofrio, who led Bessemer Venture Partners’ investments in unicorns including Anthropic and Canva, has left to join Crosslink Capital, Fortune has exclusively learned.  D’Onofrio will lead Crosslink’s crossover fund, focusing on Series B-plus investments in AI vertical software and infrastructure. “The world is changing so rapidly thanks to AI,” said D’Onofrio when reached by Fortune.

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BUSINESS

Appeals court weighs Trump's use of wartime law to deport Venezuelans

Appeals court weighs Trump's use of wartime law to deport Venezuelans

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BUSINESS

US dollar suffers worst start to year since 1973

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar is headed for its worst first half of the year since 1973, as Donald Trump’s trade and economic policies prompt global investors to rethink their exposure to the world’s dominant currency. The

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BUSINESS

Warren Buffett donates another $6 billion in Berkshire Hathaway shares

Warren Buffett has given away another $6 billion. The latest philanthropic donation went largely to the Gates Foundation, with the remainder going to charities run by his children. Warren Buffett has given away the biggest chunk of his fortune since he began distributing it in 2006. The soon-to-be-former CEO of Berkshire Hathaway has donated 12.36

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