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The Latest Breaking News from Fortune

Sam Altman denies setting himself up for a massive $10 billion payday as more OpenAI executives head for the exit

Meanwhile, OpenAI senior executives are headed for the door.

Fortune

LVMH invests in $2,000 TikTok-viral ski jacket maker

Moncler has become all the rage in recent years under Remo Ruffini's leadership—and LVMH was probably drawn to its success.

Fortune

‘Pattern matching’ is venture capitalists’ favorite tool—and their biggest blindspot

How an alleged crypto charlatan called Diamondhands took in the likes of a16z and Sequoia.

Fortune

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Data Sheet: The droids will soon be here

D.C. deepfakes, robot revolution, stablecoin strategy, delisted media, Samsung tablets. Plus: Kia hacks and Ubisoft slacks.

Fortune

Kevin O'Leary's dad told him he wasn't talented enough to pursue his passion—that advice made him a centi-millionaire

"Things happen in life, you don't know why, and you only get to look at them in retrospect a long time later."

Fortune

Intel rebuffs British semiconductor darling Arm over plans to buy chunk of chipmaker

Arm reportedly approached Intel about buying up its product division, but was quickly rebuffed by the crisis-strewn chipmaker.

Fortune

Gen Alpha is stealing zippers from Nike backpacks to resell them to victims at hiked-up prices

The iPad kid generation has targeted Nike Elite as its latest brand obsession.

Fortune

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Ransomware gangs are using stolen data to threaten CEOs

AI can help boost companies' defenses.

Fortune

Got COVID? Here are the updated 2024 isolation guidelines

The CDC no longer advises a five-day isolation period when you test positive, but recommends taking other precautions once your symptoms subside.

Fortune

U.K. Gen Zers set to finally see salary ranges for job listings

Empoyers hope more pay transparency will stop young workers leaving for better-paid jobs.

Fortune

Ryanair CEO threatens to send average ticket prices skyrocketing more than 30%

The budget airline bosses blamed sluggish sales on “frugal” consumers.

Fortune

Only one person is left from this iconic photo of the OpenAI leadership team

CEO Sam Altman said in a post that OpenAI is "not a normal company."

Fortune

DraftKings fined over CEO’s LinkedIn post

Financial regulators charged the fantasy sports betting platform for sharing too much information.

Fortune

The world's richest inmate is free. What will Binance billionaire 'CZ' do next?

Changpeng Zhao leaves a halfway house on Friday. He has pledged himself to philanthropy but the pull of business will be strong.

Fortune

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Fortune

'Shark Tank' star Barbara Corcoran speaks out on losing mom to Alzheimer's

“I think it took a long time to process it,” the Shark Tank star says about the loss of her mom.

Fortune

Stock market today: Markets close up across the board

Markets across the globe closed up on optimism about AI and a new China stimulus.

Fortune

What is Medicare tax and and who pays it? Experts explain

Medicare funding comes from a combination of government contributions, payroll taxes, and monthly premiums paid by Medicare beneficiaries.

Fortune

In a week of back-to-back housing data, here’s what you need to know

Breaking down mortgage rates, sales, and home prices.

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news in one place.

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Fortune

Southwest stock surges 10% as airline presents turnaround plan

The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.

Fortune

New AI models are being released fast and furious

Consumers and CTOs alike are struggling to figure out which model is best for a given use case.

Fortune

Fearing Gen Z is keeping them out of tech jobs, older workers are filing age complaints in droves

Experts say the high-tech sector’s love of young talent could cost them in the long run.

Fortune

Nike’s new CEO signals a return to its old values

'Our time is short, shorter than we ever know, short as a morning run, and I wanted mine to be meaningful,' Nike founder Phil Knight wrote in his memoir.

Fortune

Wendy's launches an ice cream price war with McDonald's

Promotion pokes fun at McDonald’s broken ice cream machines.

Fortune

Hermès boss doesn’t like the company being compared to LVMH

Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to stratospheric success.

Fortune

Coinbase CEO and others blast Bill Maher for ‘grossly wrong’ take on crypto’s environmental impact

A community note on X called his claims “factually incorrect."

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