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Exclusive: Oro, which is using AI to streamline companies’ procurement processes, raises $100 million in fresh venture capital funding | Fortune
Oro Labs, a Silicon Valley startup that uses artificial intelligence to automate companies’ procurement processes, has raised $100 million in new venture capital funding. The fundraise, which is the company’s Series C round, is being led by Goldman Sachs Growth...
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Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war | Fortune
Closed schools. Work-from-home demands. Price caps.Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices and a closed Strait of Hormuz. Asia is particularly dependent on oil exports from the Middle East; Japan and South...
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The shadow fleet and illegal oil are still moving through the Strait of Hormuz | Fortune
Iran has threatened to destroy any ships, including oil tankers, that pass through the strait from the oil depots of the Persian Gulf to the Arabian Sea and the rest of the world. Companies that insure ships against the...
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King penguins are a rare species seemingly benefiting from climate change. Here’s why | Fortune
The warming world has disrupted the timing for plant and animal reproduction, and it’s usually bad news for species that depend on each other — like flowers blooming too early and pollinating bees arriving too late. But researchers have...
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Bitcoin outperforms gold and stocks since beginning of Iran war | Fortune
During the week and a half since the U.S.-Israeli attack on Iran, Bitcoin is doing better than gold and stocks. Since the start of the war, the original cryptocurrency is up about 7%, and on Wednesday was trading at...
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This land data startup is buying GPUs so tech giants and real estate developers can find land for data centers | Fortune
Acres founder Carter Malloy’s two daughters press their faces to a glass window at the back of the office, trying to see the humming machines their father has been raving about—two high‑end GPUs tucked into a dark corner.Malloy bought...
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Republicans want Trump focused on affordability, but his mind is on voter suppression | Fortune
President Donald Trump insisted he had the answer for Republicans anxious about losing their congressional majority this year: build on an already strict national voter identification law to ban mail ballots and restrict transgender rights.“It’ll guarantee the midterms,” he told Republicans gathered in...
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Exclusive: Translucent, an AI-native healthcare finance startup, raises $27 million Series A | Fortune
It happens via blurry paperwork and running out of time. O’Hara, through COVID, was chief information and transformation officer at Illinois-based medical center Springfield Clinic. And he and his team were feverishly trying to figure out why the financials...
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Bill Ackman is a self-described ‘Buffett devotee’—and wants his $28 billion Pershing empire to be the ‘modern-day’ Berkshire | Fortune
Bill Ackman has never been one to temper his ambitions, but by filing to take Pershing Square public, he may have taken the first step toward reaching his biggest goal yet—to create his own “modern-day” Berkshire Hathaway by following in...
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Oracle blows investors away with 22% ‘hyper growth’ — but cash flow crunches to negative $24.7 billion | Fortune
Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up nearly 10% in after-hours...
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War in Ukraine spills into Hungarian election
Hungary is going to the polls soon and Prime Minister Viktor Orbán has one public enemy in his sights...