The Brutalist Report

Fortune

• Over 98% of stablecoins are dollar backed. That’s good for the U.S.—until it’s not [31d]
• Coinbase’s Brian Armstrong replacing ‘pure managers’ with ‘player-coaches’ is another sign the org chart is changing in a big way [31d]
• Gen Alpha is using makeup to pass age verification tech online. One mom caught her son using an eyebrow pencil [31d]
• Musk’s court fight against OpenAI produces more heat than light on the control of advanced AI [31d]
• Jamie Dimon and Dario Amodei sidestep question about whether the AI cyber ‘freakout’ is warranted [31d]
• Dario Amodei spent last year warning of an AI white-collar bloodbath. Now he’s changing the narrative [31d]
• How the next CDC director could reshape America’s $5.3 trillion health care industry [31d]
• White House estimates Trump’s Big Pharma dealmaking will save Americans $529 billion over the next 10 years [31d]
• America 250 Chair: Americans are giving less. July 4th can be a day to change that [31d]
• James Patterson, Biden publishers say Mark Zuckerberg ‘personally authorized’ copyright infringement in new lawsuit against Meta [31d]
• Your company may be eligible for a tariff refund. Here’s how to claim it [31d]
• One American loses their job for every 6 immigrants removed from the workforce as researchers see ‘no evidence’ that ICE is helping the economy [31d]
• ServiceNow just unveiled an AI workforce that can run your entire company: ‘Enterprises need AI that senses, decides, and securely acts’ [31d]
• Pennsylvania sues Character.AI after its chatbot allegedly told a state investigator it was a ‘doctor of psychiatry’ licensed in the state [31d]
• You had a miserable 2025 because of tariff inflation. The Iran war will be even worse, top economist says [31d]
• Early retirement is shrinking Gen X’s brain, new research warns [31d]
• Coinbase didn’t just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down [31d]
• Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis [31d]
• The viral TikTok $1.75 bid to save Spirit Airlines is fighting the wrong villain [31d]
• The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos’ sponsoring of the event [31d]
• Anthropic deepens push into Wall Street with new AI agents, full Microsoft 365 integration, Moody’s data partnership [31d]
• MoonPay acquires Solana trading infrastructure platform in $100M all-stock deal [31d]
• UK-based Google DeepMind workers vote to unionize over military AI contracts amid internal backlash over its Pentagon deal [31d]
• Morningstar CEO: I agree with the SEC on ending quarterly reporting—with conditions [31d]
• GameStop’s billionaire CEO is an entrepreneur without a college degree who cofounded Chewy. Now he has his sights set on buying eBay for $56 billion [31d]
• Gen Z workers say showing up 10 minutes late to work is as good as on time—but baby boomer bosses have zero tolerance for tardiness, research reveals [31d]
• Current price of oil as of May 5, 2026 [31d]
• Andreessen Horowitz’s crypto arm raises $2.2 billion for fifth venture fund, promotes CTO Lazzarin to general partner [31d]
• Solana firm Jito launches a consumer trading app months after raising $50 million [31d]
• Exclusive: Kraken to let customers cash out crypto at MoneyGram locations in more than 100 countries [31d]
• Exclusive: Nova Intelligence raises $31.5 million to bring agentic AI to SAP’s $89 billion migration wave [31d]
• Exclusive: AI grocery startup Vori raises $22 million to help independent retailers compete with Walmart and Amazon [31d]
• 84% of S&P 500 companies have beaten earnings estimates this quarter—and these two words keep coming up [31d]
• ‘Did we learn nothing?’ Synchrony is hybrid, the Best Company to Work For, and puzzled by the return-to-office push [31d]
• ‘Any semblance of fiscal responsibility’ was abandoned two decades ago, says budget watchdog, and challenges Congress to cut deficit levels by half [31d]
• I worked at the Department of Energy and I’m puzzled: the climate movement has been making the wrong case for 20 years [31d]
• Sequoia-backed Astrocade raises $56 million to let everyone build games [31d]
• Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company [31d]
• A jittery CEO crowd at Milken looks abroad for growth—and answers [31d]
• Supermicro’s co-founder allegedly smuggled $2.5 billion in Nvidia-chipped servers to China—now the whole company is under the microscope [31d]
• An AI ‘godfather’ says CEOs hyping job loss are ‘extremely destructive’—and your kids are paying the price [31d]
• I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption. [31d]