Mark Zuckerberg warns of stock volatility as Meta bets billions more on AI investment ‘before we make much revenue’
fortune.com/2024/04/24/mark-zuckerberg-meta-ai-llama-revenue-stock-earnings-q1-2024/
Paid articlePaid
Quick Glance: Meta Invests Heavily in Artificial Intelligence
- Meta focuses on AI to enhance app appeal
- The smart glasses with AI capabilities aim to attract users
- Meta envisions AI assistants for complex tasks in communication
- Meta aims to become a global leader in AI, despite significant investments
Caitlin Clark to sign $28 million deal with Nike to get her own sneaker: Caitlin Clark will cash in on her popularity with a historic Nike deal that would make ...
fortune.com/2024/04/22/caitlin-clark-to-sign-28-million-deal-with-nike-to-get-her-own-sneaker/
Paid articlePaidQuick Glance: Caitlin Clark Secures Groundbreaking Contract with Nike After WNBA Salary Criticism
- Following public criticism of Caitlin Clark's modest WNBA rookie salary, she secured an impressive deal with Nike.
- As the top pick in the 2024 WNBA Draft, she landed a long-term agreement with the athletic footwear and apparel brand, including a signature shoe.
- This partnership represents the largest sponsorship deal for a female basketball player.
Top Apple analyst warns Vision Pro demand fell much faster than Tim Cook was anticipating
fortune.com/2024/04/25/apple-meta-metaverse-mixed-reality-vision-pro-quest-demand/
Paid articlePaid David Beckham is suing Mark Wahlberg’s fitness company for $14 million—making him the third former pro athlete to do so
fortune.com/2024/04/24/david-beckham-mark-wahlberg-f45-lawsuit-fitness/
Paid articlePaid ‘Americans just work harder’ than Europeans, says CEO of Norway’s $1.6 trillion oil fund, because they have a higher ‘general level of ambition’
fortune.com/europe/2024/04/25/nicholai-tangen-norges-bank-investment-americans-work-harder/
Paid articlePaid Jefferies CEO promises he’s still ‘extremely bullish’ despite selling $65 million in stock to buy himself a luxury yacht from a client
fortune.com/2024/04/25/jefferies-ceo-richard-handler-extremely-bullish-selling-65-million-stock-buy-luxury-yacht-client/
Paid articlePaid Tech CEO on the merits of virtual work: ‘To think we should work in the exact same way as our industrial forefathers just seems odd to me’
fortune.com/2024/04/23/thumbtack-ceo-marco-zappacosta-remote-flexible-work-benefits/
Paid articlePaid Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s operations
fortune.com/europe/2024/04/23/spotify-earnings-q1-ceo-daniel-eklaying-off-1500-spotify-employees-negatively-affected-streaming-giants-operations/
Paid articlePaid The case against work friends: The office has changed. Maybe it’s time our relationships do too
fortune.com/2024/04/21/work-friendships-office-relationships-career/
Paid articlePaid America’s health system is still in crisis after its biggest cyberattack ever—but the ‘catastrophe’ is just a blip for the giant company that got hacked
fortune.com/2024/04/23/change-healthcare-cyberattack-unitedhealth-hack-ransomware/
Paid articlePaid Meet the four types of millennials, from the Great Recession–blighted set to the ‘peak’ of the generation
fortune.com/2024/04/23/four-types-millennials-geriatric-great-recession-peak-cusper-microgenerations/
Paid articlePaid Japanese ‘sugar baby’ sent to prison for swindling men out of $1 million and selling a guide on how to do it: ‘She took advantage of feelings for her’
fortune.com/2024/04/23/japanese-sugar-baby-sent-to-prison/
Paid articlePaid Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list
fortune.com/2024/04/22/mark-zuckerberg-avoided-cage-match-with-elon-musk-but-got-jab-in-anyway-by-passing-him-billionaires-list-tesla-meta/
Paid articlePaid A dot-com entrepreneur who once lost $6 billion in one day has made billions from the Bitcoin rally and his company’s surging shares
fortune.com/crypto/2024/04/20/michael-saylor-net-worth-microstrategy-stock-bitcoin-holdings-btc-mstr/
Paid articlePaid Nvidia will soar 21% to $1,000 as its new AI chip slams would-be rivals, Morgan Stanley says. It’s among 10 stocks set to surge
fortune.com/2024/04/23/nvidia-amazon-morgan-stanley-10-stocks-to-buy/
Paid articlePaid Pharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self-organize’ to save $2.15 billion
fortune.com/europe/2024/04/11/pharmaceutical-giant-bayer-ceo-bill-anderson-rid-bosses-staff-self-organize-save-2-billion/
Paid articlePaid Employees are using up their vacation and sick days to avoid their toxic workplace
fortune.com/2024/04/23/employees-using-vacation-sick-days-to-avoid-toxic-workplace/
Paid articlePaid In a ‘Succession’-style move, even more of LVMH CEO Bernard Arnault’s kids are nabbing pivotal roles, while their Gen Z brother faces big test
fortune.com/2024/04/22/bernard-arnault-lmvh-ceo-billionaire-succession-louis-vuitton-watches-luxury-jean-arnault/
Paid articlePaid Longtime Tesla bull hits panic button on robo-taxis vs. Model 2: ‘It would be a disaster of epic proportions’
fortune.com/2024/04/20/tesla-stock-warning-model-2-robo-taxi-elon-musk-q1-earnings-call/
Paid articlePaid HGTV’s Property Brothers reveal the biggest mistakes new real estate investors make and predict the next hot housing market
fortune.com/2024/04/20/hgtv-stars-property-brothers-real-estate-investing-biggest-mistakes-next-hot-housing-market/
Paid articlePaid Nobel laureate Esther Duflo proposes taxing 3,000 billionaires to protect the world’s poorest from climate change—and most Americans likely agree with the plan
fortune.com/2024/04/20/nobel-laureate-esther-duflo-proposes-taxing-3000-billionaires-to-protect-the-worlds-poorest-from-climate-change-and-most-americans-likely-agree-with-the-plan/
Paid articlePaid Gen Zers are puzzling the American workplace. To understand them, look at the pre-war generation, not millennials
fortune.com/2024/04/22/gen-zers-puzzling-american-workplace-understand-pre-war-generation-millennials-careers/
Investors need to buckle up because this is the most dangerous time since the end of World War II, former top diplomat says
fortune.com/2024/04/21/investor-warning-most-dangerous-time-wwii-us-election-donald-trump/
Paid articlePaid Former HGTV star slapped with $10 million fine and jail time for real estate fraud
fortune.com/2024/04/19/hgtv-star-slapped-with-10-million-fine-and-jail-time-for-real-estate-fraud/
Paid articlePaid Samsung tells its executives to work a 6-day week to ‘inject a sense of crisis’ after posting its worst financial year in over a decade
fortune.com/2024/04/19/samsung-executives-work-six-day-week-crisis-worst-financial-year/
Paid articlePaidQuick Glance: Samsung Executives: New Work Schedule and Economic Challenges
- Samsung Group is introducing a six-day workweek for executives in response to economic challenges and disappointing results in 2023.
- The sudden change aims to create a sense of urgency and promote efforts to overcome the situation. The new work schedule takes effect immediately in most of Samsung's technology divisions.
- The work culture in South Korea is renowned for its intensity. In 2022, the average worker spent 1,901 hours at work.
- Recent data shows that Samsung has regained the top position in global smartphone shipments. First-quarter 2024 results are expected on April 30.
This $362 billion ‘beyond well-positioned’ Dutch company is quietly winning the global AI chips race
fortune.com/2024/04/18/asml-semiconductor-ai-manufacturing-uev-lithography-chips-act-nvidia-tsmc-wafers/
Paid articlePaid Why the CEO of a $12 billion pet services company still responds to customer emails himself
fortune.com/2024/04/17/why-the-ceo-of-a-12-billion-pet-services-company-still-responds-to-customer-emails-himself/
Exclusive: Mercedes becomes the first automaker to sell autonomous cars in the U.S. that don’t come with a requirement that drivers watch the road
fortune.com/2024/04/18/mercedes-self-driving-autonomous-cars-california-nevada-level-3-drive-pilot/
Paid articlePaid Tesla plan to re-run vote on Elon Musk’s record pay deal—now worth $45bn—has a fatal flaw, warns Tulane law professor
fortune.com/2024/04/18/elon-musk-tesla-pay-compensation-shareholder-vote-lawsuit-delaware-tulane/
Paid articlePaid Some Gen Z interns at Big Tech and consulting giants are already earning six-figure salaries, Glassdoor data shows
fortune.com/2024/04/18/best-paid-internships-2024-glassdoor-bain-company-roblox-amazon/
Paid articlePaid French tire maker Michelin rolls out its own global living wage after minimum wages left staff in ‘survival mode’
fortune.com/europe/2024/04/18/french-tire-maker-michelin-rolls-out-own-global-living-wage-after-minimum-wages-left-staff-in-survival-mode/
Paid articlePaid Tesla asks shareholders to restore Musk’s pay package: ‘Because the Delaware court second-guessed your decision, Elon has not been paid for any of his work for ...
fortune.com/2024/04/17/elon-musk-compensation-package-tesla-proxy-shareholders/
Paid articlePaidQuick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
JCPenney expects to return half a billion dollars to customers this year: Chain says it could deliver up to $500 million in rewards to members.
fortune.com/2024/04/17/jcpenney-rewards-program-half-billion-bet/
Paid articlePaid From sleeping on a friend’s floor to signing huge industrial customers: How Gecko’s founder built a $600 million robot company from a college project
fortune.com/2024/04/17/gecko-founding-jake-loosararian-robots-infrastructure-environment-y-combinator/
Paid articlePaid Jamie Dimon confronted Bill Gates after the Microsoft founder said banks were dinosaurs: ‘Obviously he was dead wrong, he’d probably agree with that’
fortune.com/2024/04/18/jamie-dimon-confronted-bill-gates-over-dinosaur-banks-comment/
Paid articlePaid Dropbox’s CEO says managers mandating returns to the office are just ‘mashing the go-back-to-2019 button’ and creating toxic relationships with staff
fortune.com/2024/04/17/dropbox-ceo-drew-houston-managers-mandating-rto-return-to-office-mashing-go-back-to-2019-button-toxic-relationships-staff/
Paid articlePaid Here’s why Gen Z actually likes going to the office more than their older colleagues
fortune.com/2024/04/15/why-gen-z-likes-office-hybrid-work-more-than-millennials-boomers/
Paid articlePaid Gen Z favorite Dr. Martens is struggling as its CEO steps down—and it might be because the shoes last too long
fortune.com/2024/04/17/gen-z-favorite-dr-martens-struggling-shoes-last-long/
Paid articlePaidQuick Glance: Dr. Martens: Issues with Chinese Competition
- Weak demand and cheap Chinese competitors impact Dr. Martens.
- Gloomy outlook for 2025 due to weak US demand.
- Lawsuit against Chinese providers Temu and Shein for trademark violations.
- Fashion industry under severe pressure from Chinese competition.
Expert argues AI won’t lead to mass layoffs for workers anytime soon: ‘Look at when we were promised fully autonomous cars’
fortune.com/2024/04/15/artificial-intelligence-ai-genai-jobs-unemployment-self-driving-cars-faculty-marc-warner/
Paid articlePaid Caitlin Clark is the hottest new WNBA player in a decade—but she’s making less per year than the average New York worker
fortune.com/2024/04/16/caitlin-clark-wnba-salary-pay-iowa-ncaa-indiana-fever-nil-nba-draft/
Paid articlePaid In-N-Out’s billionaire heiress says she stood in line for 2 hours to land a job at her own store when she was just a teenager to shake the ‘stigma of being the ...
fortune.com/2024/04/11/in-n-out-billionaire-burger-heiress-lynsi-snyder-stigma-owner-kid/
Paid articlePaidQuick Glance: In-N-Out heiress started working at the chain as a teenager
- Lynsi Snyder, whose grandparents founded In-N-Out Burger, started working at the chain as an associate when she was a teenager.
- Snyder became president in 2010 at the age of just 27.
Elon Musk predicts AI will be smarter than humans by next year: And it will be smarter than all humans within five years.
fortune.com/2024/04/09/elon-musk-ai-smarter-than-humans-by-next-year/
Paid articlePaidQuick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year
- Elon Musk predicts that artificial intelligence will surpass human intelligence by the end of next year, given the necessary infrastructure to meet technological demands.
- Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.
- A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.
- Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.
Gen Z grad landed LinkedIn job by applying to waitress at the conferences recruiters posted about, then handing out her résumé during breaks
fortune.com/2024/04/13/gen-z-landed-dream-job-waitressing-conferences-linkedin/
Paid articlePaid Apple joins tech exodus to Florida— iPhone maker plans a 45,000 square foot office near Miami
fortune.com/2024/04/09/apple-florida-iphone-office-miami/
Paid articlePaid U.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says
fortune.com/2024/04/15/economy-outlook-2024-no-landing-more-inflation-growth-fewer-rate-cuts-wells-fargo/
Paid articlePaid Founder of Toms shoes went on a men’s retreat with other entrepreneurs to combat his loneliness and depression: ‘I lost a lot of my clear meaning and purpose’
fortune.com/well/article/founder-toms-shoes-mens-retreat-loneliness-depression/
Sky-high mortgage rates aren’t just crushing homebuyers: Nearly 8 in 10 sellers regret missing the hottest market in decades, survey shows
fortune.com/2024/04/15/housing-market-sellers-homeowners-high-mortgage-rates-locked-in/
Paid articlePaid This nutrient deficiency could be the culprit behind your brain fog, sluggishness, and lack of concentration
fortune.com/well/article/iron-deficiency-anemia-fatigue-brain-fog/
Tesla’s top engineering exec, who led development of critical technologies, has resigned after 18 years, adding to concerns about who will succeed Elon Musk as ...
fortune.com/2024/04/15/tesla-top-engineering-exec-drew-baglino-elon-musk-ceo-succession/
Paid articlePaid Moved far from the city during Covid? Pray you don’t lose your job: Escape the appeal of ‘brain hubs’ like New York and San Francisco at your own risk ...
fortune.com/2024/04/15/pandemic-move-big-cities-career-opportunities-economy-berkeley/
Paid articlePaid Andy Jassy says Amazon has a ‘great relationship’ with sellers. Longtime sellers say it’s ‘the worst it’s ever been’
fortune.com/2024/04/11/andy-jassy-shareholder-letter-amazon-seller-relationship/
Paid articlePaid Amazon is selling tiny houses for less than $20,000 apiece—and the internet loves the unboxing videos
fortune.com/2024/04/11/amazon-sells-tiny-houses-affordable-housing-unboxing-video/
Paid articlePaid Americans are getting $123 more on average in tax refunds this year: According to the latest IRS statistics, the average income tax refund so far this season is ...
fortune.com/2024/04/15/tax-refund-when-how-big/
Paid articlePaid 1-in-5 Americans are getting 5 hours or less of sleep per night, new Gallup poll says—a category that was ‘not really heard of in 1942’
fortune.com/well/2024/04/15/1-in-5-americans-getting-5-hours-or-less-sleep-night-gallup-poll/
In-N-Out’s billionaire heiress says she stood in line for 2 hours to land a job at her own store when she was just a teenager to shake the ‘stigma of being the ...
fortune.com/2024/04/11/in-n-out-billionaire-burger-heiress-lynsi-snyder-stigma-owner-kid/
Paid articlePaid Mark Cuban on his $288 million tax payment: ‘I’m proud to pay my taxes every single year. Tag a former president that you know doesn’t’
fortune.com/2024/04/15/mark-cuban-tax-bill-2024-donald-trump/
Paid articlePaid Billionaire and Virgin Group founder, Richard Branson’s wealth has tumbled by more than half since 2021 to $3bn as SPAC problems gave him ‘a big jolt from the ...
fortune.com/europe/2024/04/09/billionaire-virgin-group-british-richard-branson-wealth-tumbled-half-since-2021-to-3bn-spac-problems-covid-nationwide-natwest/
Bill Gates unloaded one of his properties in less than two weeks on the market—and it only cost $5 million
fortune.com/2024/04/15/bill-gates-sells-mansion-in-seattle-suburb/
Paid articlePaid Chinese cement company’s shares mysteriously lose 99% of their value in just 15 minutes
fortune.com/asia/2024/04/10/china-tianrui-group-cement-shares-mysteriously-lose-99-percent-value-15-minutes/
Heinz is bringing out hot pink ‘Barbiecue’ sauce after Facebook post gauging interest exploded. ‘One fan even told us they’d dye their hair pink if we brought ...
fortune.com/2024/04/15/heinz-hot-pink-barbiecue-sauce-bbq-uk-spain/
Paid articlePaid Gymshark’s millennial billionaire CEO says he never thinks about his wealth because ‘it’s not a measure of success’ and ‘none of it’s real’
fortune.com/europe/2024/04/10/ben-francis-gymshark-billionaire-millennial-ceo-net-worth/
Paid articlePaid Elon Musk’s friends are reportedly looking to help raise $3 billion for his AI startup as it plays catch-up with rivals OpenAI and Anthropic
fortune.com/2024/04/06/elon-musk-artficial-intelligence-xai-startup-3-billion-fundraising-openai-anthropic/
Paid articlePaid $2.3 billion hedge fund manager on his move from New York to Florida: ‘I know of no business that has generated long term success by driving away its highest ...
fortune.com/2024/04/10/larry-robbins-hedge-fund-manager-moving-florida-from-new-york/
Paid articlePaid Workers at Elon Musk’s Boring Co. accidentally dug too close to a supporting column of the Las Vegas monorail last year, forcing officials to briefly halt ...
fortune.com/2024/04/12/elon-musk-boring-company-las-vegas-tunnel-regulators-shut-down-monorail/
Paid articlePaid Amazon CEO Andy Jassy isn’t sold on Steve Cohen’s 4-day workweek: ‘We still don’t know yet where we’re going to end up’
fortune.com/2024/04/12/andy-jassy-amazon-four-day-week-steve-cohen/
Paid articlePaid Finance guru Dave Ramsey slams ‘awful’ Gen Z and millennials who live with their parents: ‘They suck. They can’t buy a house because they don’t work’
fortune.com/2024/04/09/dave-ramsey-gen-z-millennials-suck-property-ladder/
Paid articlePaid The 5th-gen CEO of J.M. Smucker explains how family members must ‘earn a seat’ at the snacks empire—and be more than a nepo baby
fortune.com/2024/04/08/smucker-uncrustables-nfl-nepo-family-business-ceo/
Paid articlePaid Apple joins tech exodus to Florida— iPhone maker plans a 45,000 square foot office near Miami
fortune.com/2024/04/09/apple-florida-iphone-office-miami/
Paid articlePaid Costco gold bars are a hit with millennials? Not so fast: The retail giant’s gold bars are pretty cool—but young people are probably buying Bitcoin instead.
fortune.com/crypto/2024/04/08/costco-gold-bars-are-a-hit-with-millennials/
Paid articlePaid Athletes triumphing in track and field at this year’s Paris Olympics won’t just claim gold; they’ll also get a $50,000 prize
fortune.com/europe/2024/04/11/athletes-track-field-paris-olympics-claim-gold-50000-prize-sebastian-coe/
Paid articlePaidQuick Glance: World Athletics Introduces Prize Money for Olympic Champions
- World Athletics has announced it will be the first federation to award prize money at the Olympic Games, with a total prize pot of $2.4 million for the Paris Olympics and gold medallists receiving $50,000.
- President Lord Coe emphasized the importance of creating a stable financial landscape for athletes, describing the decision as a pivotal moment.
- The introduction of prize money for Olympic gold medallists was highlighted as a crucial step for World Athletics and the sport as a whole, recognizing the athletes' critical role in the success of the Games.
- It was noted that the payment of prize money will be subject to athletes undergoing standard anti-doping procedures, and details regarding the structure of prize money for the 2028 Games will be revealed later.
‘Companies are starting to realize burnout is an issue’: Meet the lucky workers taking sabbaticals and ‘adult gap years’ to recharge
fortune.com/2024/04/12/burnout-remote-work-adult-gap-year-sabbatical-time-off/
Paid articlePaid Costco keeps selling out of gold bars. Experts warn rush is more ‘mob mentality’ than sound investment decision
fortune.com/2024/04/12/costco-keeps-selling-out-of-gold-bars-experts-warn-rush-is-more-mob-mentality-than-sound-investment-decision/
Paid articlePaid Costco selling $200 million in gold bars per month, says analyst: But that's not impacting profit levels much.
fortune.com/2024/04/10/costco-200-million-gold-bars/
Paid articlePaid Meta and Google announce new in-house AI chips, creating a ‘trillion-dollar question’ for Nvidia
fortune.com/2024/04/11/meta-google-ai-chips-semiconductor-in-house-nvidia-trillion-dollar-question/
Paid articlePaid How Fishwife built a brand that outlasted a pandemic craze in the ‘dusty’ $2.6 billion U.S. canned fish category
fortune.com/2024/04/12/fishwife-founder-becca-millstein-tinned-fish/
Paid articlePaid Stellantis CEO warns: Chinese EV plant in Italy poses threat, ‘we are ready and we will fight’
fortune.com/europe/2024/04/11/stellantis-ceo-carlos-tavares-chinese-ev-plant-italy-poses-threat-byd-tesla-job-losses/
Paid articlePaid David Ellison, son of the world’s 9th-richest man, is poised to become a Hollywood power player as he closes in on buying Paramount
fortune.com/2024/04/11/david-ellison-larry-ellison-paramount-skydance-kkr-redbird-shari-redstone-hollywood/
Paid articlePaid Elon Musk on micromanaging: ‘If you’re trying to make a perfect product, then attention to detail is essential’
fortune.com/2024/04/08/elon-musk-leadership-advice-principles-micromanaging-perfect-product/
Finance guru Dave Ramsey slams ‘awful’ Gen Z and millennials who live with their parents: ‘They suck. They can’t buy a house because they don’t work’
fortune.com/2024/04/09/dave-ramsey-gen-z-millennials-suck-property-ladder/
Paid articlePaid Real estate tycoon sentenced to death for her role in $12 billion fraud case: The main case against Truong My Lan was that she embezzled funds from Saigon ...
fortune.com/2024/04/11/truong-my-lan-sentenced-to-death-12-billion-fraud/
Paid articlePaidQuick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
- Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.
- Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.
- She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.
- Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
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