Last month, WIRED reported that the investment banking arm of Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, was exploring creating a financial product for clients to bet on whether President Donald Trump’s signature tariffs would be struck down in court.In response to WIRED’s reporting, Democratic senators Ron Wyden and Elizabeth Warren sent a letter to Cantor Fitzgerald chairman Brandon Lutnick on Wednesday demanding more information about the firm’s activities. “Given that one of the purported architects of President Trump’s tariff policy is Commerce Secretary Howard Lutnick, your father and the former…
Founders often highlight their cash runway slide as a badge of confidence. Eighteen months of capital left, a clean upward revenue line and a plan that feels solid on paper. But when asked what would happen if their monthly spend increased by just $10,000, many hesitate.That hesitation points to a…
John Borthwick, CEO of the venture capital firm Betaworks, tells WIRED that he is skeptical about the feasibility and potential effectiveness of many Mamdani campaign proposals—like free buses, or a city-owned grocery store pilot program—and felt his answers tended to be “very general and nonspecific.” But Borthwick adds that he…
Just days after the surprise iPhone update that is iOS 18.6.1, there’s been another, called, unsurprisingly, iOS 18.6.2. Less than a week after the last one. Don’t find the whole process dizzying: read on for whether you should upgrade or not. This post has the initial thoughts on the new…
In May, Warren Buffett’s Berkshire Hathaway filed a 13-F (a quarterly report disclosing a firm’s holdings) that listed investments in what have been labeled “mystery stocks.”As Business Insider explains, big investors can ask for permission from the SEC to keep some aspects of their trading activity under the radar, giving…
Bigger isn’t always better. When scaling a service business, don’t make the mistake of focusing on growth for growth’s sake, overlooking the personalization, efficiency and trust that today’s consumers are looking for — especially in healthcare, wellness and hospitality.Quality isn’t the only thing that relentless expansion could cost your business:…
Akkaraju and Parker wasted no time in taking over Stability, installing Akkaraju as CEO and Parker as chairman of the board. They never spoke to Mostaque, although the former CEO says he reached out to offer his support.The pair set about trying to remake Stability AI for the moment. Not…
For as long as security teams have used SIEM platforms, they’ve complained about them. The promise was simple—centralize logs, correlate events and spot threats faster. The reality was hours spent tuning schemas, massaging formats and working with data that was stale before anyone could act on it. Even with the…
In private equity, the smartest general partners (GPs) are realizing that co-investments aren’t just a fundraising sweetener; they’re a strategic lever. Done right, they strengthen the portfolio, deepen LP relationships and reduce overall risk exposure. Yet many GPs still treat co-investing as an afterthought rather than a core element of…
Despite all the talk about strategy, innovation and growth, one of the most undervalued assets in modern leadership is something deceptively simple: presence.Not stage presence. Not personal branding. But the steady, intentional presence of a leader who knows how to show up. Especially when it’s inconvenient, uncomfortable or uncertain. In…
Satirical posts about Hurricane Erin evacuations are starting to show up on social media. A Facebook page called Coastal Views shows images of massive crowds dragging items across the beach and pouring through a tunnel, but they are meant to be comical. The posts are calling into question whether the…
This Side Hustle Spotlight Q&A features Michelle Jimenez-Meggiato, 36, of Jersey City, New Jersey. Jimenez-Meggiato is a former entertainment marketing executive who left the corporate world to co-found The Pizza Cupcake, a frozen snack brand, with her husband, Andrea Meggiato, in 2018.Image Credit: Courtesy of incredifulls Learn how the couple’s…
Peptide cocktails, plasma exchange therapy, infrared sauna sessions, and methylene blue drips. These are just a few of the biohacks that keep Peter Phillips feeling invincible. For the past three years, the 53-year-old tech executive has worked with doctors at Extension Health, a longevity clinic in New York City, to…
I did not expect to write about Meta. But I could not ignore what these glasses are starting to unlock. That made me take a second look at Ray-Ban Meta smart glasses. They are not branded as assistive tech. But by blending voice control, audio, and camera functionality into something…
You could call Rose Fass, 76, the “C-Suite whisperer” — because she knows exactly what it takes to transform some of the world’s most powerful companies.Image Credit: Courtesy of fassforward. Rose Fass. In 2001, following her role as chief transformation officer at Xerox and her establishment of the Center for…
Spotlight
Every week on our show, How Success Happens, I get to talk…
When Dylan Field pops up on my Zoom screen, his face is…
Microsoft has now issued its free update offer to millions more Windows…
In response to a detailed request for comment from WIRED, Palantir spokesperson…
