Editors' Picks
Forbes Daily: Mark Zuckerburg’s Wealth Plunges Amid Meta Slump
Friday's edition of Forbes Daily covers slowing GDP growth, Alphabet nearing its next milestone, cuts at Southwest, Mike Tyson's successful cannabis brand and more.
More From Editors' Picks
Tax Breaks: New Laws And Budget Proposals—Including One That's Out Of This World
Our latest edition of Tax Breaks. Plus: IRS releases a draft crypto form, offshore tax evasion, capital gains rates, space tax—and whether Perrier is actually water.
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
With Baby Boomers aging and nursing home care costs climbing, obscure old sleeper laws could come back to haunt the children of seniors who can’t pay for their own care.
Tycoon Consunji To Buy Cemex’s Philippine Cement Business For $305.6 Million
DMCI Holdings, and two other companies controlled by billionaire Isidro Consunji are buying Cemex's Philippine cement business for $305.6 million.
Consensys Suit Is Pressing The SEC On Ether’s Security Status
MetaMask maker goes on offense following the warning of an impending enforcement action. The SEC says most cryptos are securities but has not clearly stated its position on ether.
U.S. Stablecoin Bill Would Rein In Tether, Boost Coinbase And Circle, Outlaw Algorithmics
Bitcoin’s fierce rise has inspired a search for how to invest in it beyond just buying the ETF and holding it. Buyer beware.
Alphabet And Microsoft Stocks Pop After Beating Q1 Targets
Stock prices for Alphabet and Microsoft rose after reporting better-than-expected Q1 results. The companies are seeing more demand for their generative AI services.
New Greek Resorts, Golden Visa Countries And More Travel News
Plus: Disney’s first Michelin-starred restaurant and America’s top airlines.
Meet The New Billionaires From Petco, Breitling Owner CVC
The private equity firm that owns Petco and Swiss watchmaker Breitling went public on Friday at a valuation of $15 billion, minting two new billionaires.
Duel In The Dark: Russian Snipers Battle Baba Yaga Drones
Russia's is deploying snipers with thermal imaging sights to tackle Baba Yaga night bombing drones — but the drones have a new trick up their sleeve.
DOJ Arrests Bitcoin Wallet Founders Amid Cash-Like Privacy Concerns
Traditional cash transactions have long offered anonymity that modern digital finance struggles to match.
Forbes Daily: Mark Zuckerburg’s Wealth Plunges Amid Meta Slump
Friday's edition of Forbes Daily covers slowing GDP growth, Alphabet nearing its next milestone, cuts at Southwest, Mike Tyson's successful cannabis brand and more.
This Biotech Startup Aims To Speed Up Drug Testing On Animals
Gordian Biotechnology’s platform allows for potentially hundreds of gene therapies to be tested in an animal at the same time — without harming it.
Mike Tyson On Becoming A Heavy Hitter In Weed
The former heavyweight champion and cannabis mogul (with ear-shaped gummies) on how pot changed his life—and the secret weapon that will help him smoke Jake Paul in their fight.
Tycoon Tony Fernandes’ Capital A To Merge Airline Units In $1.4 Billion Deal
The merger will drive growth and profitability for both its airline and non-aviation related businesses.
Billionaire Tanoto Deepens China Investments With $1.5 Billion New Fiber Plant
Indonesian billionaire Sukanto Tanoto's Royal Golden Eagle is doubling down its investments in China with plans to build a $1.5 billion fiber manufacturing facility.
Oh, La La! Pennsylvania Court Rules Perrier Is A Soft Drink—And Taxable
Sales tax on food and beverages can be complicated. In a recent Pennsylvania sales tax case, the question came down to carbonation.
Lawyers Are Already Recruiting TikTok Creators For Lawsuits Fighting Biden’s Ban
Top First Amendment lawyers have begun quietly contacting creators and small businesses to join potential lawsuits aimed at thwarting a U.S. ban on TikTok.
Four Out Of Five People Say Work Drives Their Stress. Plus: How To Buy A Small Business With No Money Down
Welcome to this week’s ForbesWomen newsletter, which every Thursday brings news about the world’s top female entrepreneurs, leaders and investors straight to your inbox.
TikTok Bill Marks A Shift In The U.S.’ Foreign Investment Policy
A newly signed TikTok order underscores ongoing shifts in U.S. foreign investment policy, particularly with regard to technology and data security from foreign entities.
The New IRS Crypto Form Brings Hidden Challenges For Taxpayers
Form 1099-DA is meant to help the IRS identify tax dodgers. Its implementation next year could create complications.
As Meta Flexes AI Muscles, Is It Finding New Business Opportunities?
The published version of Forbes’ CIO newsletter delivers the latest news for chief innovation officers and other technology-focused leaders to inboxes every Thursday.
How A Mapping Project Is Pointing The Way For More Open Data Use
Overture Maps Foundation Executive Director Marc Prioleau talks about the project, where open data can make a difference, and how it can catch on.
AI Transports Star Wars Movies Back To The 1950s, Charming Fans
A series of vintage AI-generated trailers from Abandoned Films imagines sci-fi hits like Star Wars, Dune and The Lord of the Rings going retro.
Rubrik’s $5.6 Billion IPO Is Latest Win For The ‘IIT Mafia,’ A Group Of Indian Engineers Turned CEOs
A group of Indian immigrant friends have started some of Silicon Valley’s top enterprise startups, including Nutanix, Glean and Rubrik, which went public on Thursday.