Behind the exit of DeepMind’s CEO: low morale, a talent exodus, and model delays Within DeepMind, current and former employees say tensions have been simmering for months. Fortune · Aug 10
Forget DeepSeek. China's real ‘Sputnik moment’ is happening on campus as American universities lose their advantage China's tech rise runs deeper than any single breakthrough. Its universities generate critical technology patents at 8x the U.S. rate Fortune · Aug 10
Corcoran Group CEO says Gen Z's housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,' she advises From skipping coffee runs to hosting dinner clubs, Corcoran Group CEO Pamela Liebman has one message for Gen Z: Getting your first home takes sacrifices—but it’s doable, even in today’s pricey market. Fortune · Aug 9
CEO of $49 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful Cerebras cofounder Andrew Feldman warned aspiring entrepreneurs they need to be working “every waking minute,” echoing the likes of Zoom CEO Eric Yuan and LinkedIn’s Reid Hoffman. Fortune · Aug 9
Everyone told them not to build a laundromat. They did it anyway. Their advisers said building a laundromat from scratch was a mistake. Ireland McCaughey and Ben Razin knew they could prove them wrong. Fortune · Aug 9
Teenagers are shooting out over 50 applications and getting ghosted even for volunteer jobs: ‘I'll take anything at this point’ The summer job market has been “soul destroying” for teens in the U.S., Canada, and U.K.—but some are finding a way in. Fortune · Aug 9
A Gen Z worker got called out by their CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong “Is this normal?” A new workplace etiquette debate initiated from a young worker getting in trouble with senior leadership after leaving the office slightly early. Fortune · Aug 9
Kalshi cracks down on insider trading as Trump family looks to increase prediction market presence Prediction markets are becoming intertwined with the government, and Kalshi is trying to prove it’s policing insider trading. Fortune · Aug 9
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America's radioactive waste problem Deep Isolation is betting on drilling wells to bury nuclear waste if federal regulations evolve. Fortune · Aug 9
This ‘hidden’ career path is in dire need of more workers—and it can pay Gen Z over $300,000 with no degree required Six-figure salaries are within reach for Gen Z, but only if they’re willing to brave extreme weather, noisy tarmacs, and the smell of jet fumes. Fortune · Aug 8
AI is changing work faster than the data can keep up Recent studies have shown AI having a positive impact on job growth, yet economists and labor activists warn that the emerging technology threatens to quickly transform the financial system. Fortune · Aug 8
Bill Ackman's $35 billion hedge fund made janitors and receptionists millionaires—and its investment team summer together in the Hamptons Billionaire investor Bill Ackman says employee loyalty pays dividends—and he’s willing to invest millions in stock awards and allowing summer remote work to earn it. Fortune · Aug 8
Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house "Consumers are starved for better tools to help make one of the biggest financial decisions of their life," says Kelley Blue Book Homes CEO John Liss. Fortune · Aug 8
CEO of the world's largest workspace provider says commuting will be extinct by 2040—and your kids will think it's 'mad stuff' professionals once did CEO of IWG, Mark Dixon, says future generations will think it's "mad stuff" that bosses once made workers "travel 100 miles to sit down and use a computer." Fortune · Aug 8
Fortune · Aug 7 Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."
Fortune · Aug 7 Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images Google’s “Nano Banana” AI allowed users to generate any images they wanted from Google Earth—and Google didn’t measure the consequences.
Fortune · Aug 7 Boomers and Gen Xers scramble our assumptions about economic misery — they’re way unhappier than millennials and Gen Z The generations who were supposed to have it figured out are the ones panicking about money.
Fortune · Aug 7 Exclusive: Kalshi partners with Blanket to help small businesses hedge against risk—with help from the guru of ‘hypergamblification’ Lauris Zminsky says “a lot of young people are embracing lottery-ticket economics”—but his new project with Kalshi is totally separate from that.
Fortune · Aug 7 How SpaceX’s most-feared trading day turned into a 6% rally “These are not people waiting to get their first dollar back,” a former SpaceX employee told Fortune. “We’ve had chances over the past 10 years.”
Fortune · Aug 7 Instagram boss Adam Mosseri says he’s ‘definitely pro’ wearing shorts into the office as Gen Z get slammed for dressing inappropriately for work While Instagram boss Adam Mosseri says he’s ‘pro’ wearing shorts in the office, 42% of workers disagree—and even one Gen Zer says ‘it feels so wrong.'
Fortune · Aug 7 In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion The $545 million Series G nearly doubles Whatnot's valuation—a rare consumer-marketplace breakout at a moment when nearly every venture dollar is flowing to AI.
Fortune · Aug 7 Boards are calling retired CEOs back as succession pipelines run dry Also: All the news and watercooler chat from Fortune.
Fortune · Aug 7 For every 10 jobs, there are 2,539 applicants—and a top hiring platform’s CEO has a solution to the job hunt hell: 'Don't just apply to OpenAI’ The job hunt hell is real—applications per recruiter are up 412%. But most applicants are chasing the same famous companies, says Greenhouse CEO Daniel Chait.
The Economic Times · Aug 7 FSSAI penalises AWL Agri Business for substandard fortified Fortune sunflower oil sold in Goa India's food regulator FSSAI has penalized AWL Agri Business Ltd for selling substandard oil. A sample of Fortune Fryola refined sunflower oil failed lab tests for Vitamin D. The company's appeal confirmed significantly lower Vitamin D levels than prescribed. FSSAI imposed a penalty on AWL Agri Business Ltd for these…
Fortune · Aug 6 OpenAI agents left secret memos for each other leading up to Hugging Face hack At the Black Hat conference in Las Vegas, OpenAI gives its first in-depth look at how its AI models plotted and executed the breach with no human assistance.