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The Latest Breaking News from Fortune

Hailey Bieber's $1 billion sale of Rhode could open the door to more beauty M&A

Hailey Bieber's brand is selling for $1 billion only three years after launching.

Fortune

Exclusive: Empathy raises $72 million Series C to tackle the agonizing logistics of death

Founded in 2020, Empathy has raised a $72 million Series C, with Adams Street Partners leading the round, Fortune has exclusively learned.

Fortune

This millennial runs a $53 million eco-friendly business backed by Zac Efron and Kevin Hart—He’s never been promoted, and flies planes to unwind

“I think about work a lot, so I need an activity that requires focus to unwind from my job. That usually looks like a motorcycle ride or a flight lesson,” Ryan Lupberger, CEO of $53 million company Clean Cult, tells Fortune.

Fortune

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On TikTok, Gen Z is in pursuit of tan lines—despite the risks of sun exposure

As with most recent trends, social media appears to be behind the latest rise in tanning culture.

Fortune

Airbnb CEO Skipped Business School for Obama's Mentorship — Here's the Life-Changing Advice He Got

Airbnb CEO Brian Chesky skipped business school to be mentored by Barack Obama. Their weekly calls shaped his leadership before Airbnb's IPO and inspired a £79 million scholarship for public service.

International Business Times UK

Nvidia manages sales beat despite China restrictions

Jensen Huang’s chip behemoth posted quarterly revenues up 69% year over year, surpassing the Street’s projections.

Fortune

E.l.f.'s acquisition of Hailey Bieber’s Rhode is a $1 billion bet on Gen Alpha

“I've been in the consumer space for 34 years,” e.l.f. CEO Tarang Amin told Fortune. "I've never seen a business like this.”

Fortune

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How the CEO of Lumen Technologies is building the backbone of the AI economy

"We're thinking about everything completely differently. It's one of my favorite things to do. I love leading change," Johnson told Fortune.

Fortune

Whoopi Goldberg, Halle Berry, and other stars on how Hollywood treats Black women

"Number One on the Call Sheet" explores the racial pay gap and the lack of diversity across major categories at industry awards shows.

Fortune

OpenAI wants to help countries develop their own AI capabilities. But can they afford it?

OpenAI CSO Jason Kwon on the company’s ambitious plan to export its technology.

Fortune

Exclusive: Hex raises a $70 million Series C to double down on data in the AI era

Hex, a data analytics startup, has raised a $70 million Series C, Fortune can exclusively report.

Fortune

Quentin Tarantino’s right-hand man says the best financial advice the director gave him is straight from Warren Buffett’s playbook

After “Hostel” hit $80 million at the box office, its director, Eli Roth, didn’t run to buy a mansion: “All I could hear was Quentin’s words in my head: ‘Don’t become an employee of your house.‘“

Fortune

Health care AI revolution starts with building trust with professionals

Also: Stellantis has a new CEO, Musk doubts 'Big, Beautiful Bill', and McKinsey takes a 10% trim.

Fortune

The Fortune 500 in 1972: 116 consumer products in one beautiful collage

Everything, everywhere, all at once.

Fortune

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news in one place.

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Fortune

Malaysia’s prime minister thinks AI may need to operate independently of national sovereignty

On Wednesday, Malaysia PM Anwar Ibrahim suggested the idea of national sovereignty may be slightly out of date in the AI age.

Fortune

Summer must-haves for inside and outside the home

We’ve rounded up the best of the summer season, from outdoor must-haves to chic home accessories.

Fortune

‘Boil the ocean’ vs. ‘fry the fish’: How smaller countries can carve out an AI niche between the superpowers

Mohamed Hassan Alsuwaidi, the UAE’s investment minister, shares how the country is approaching AI bets.

Fortune

The latest COVID strain, NB 1.8.1, is an Omicron variant. Here's all you need to know

The appearance of a new variant coincides with changes to U.S. vaccine policies.

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Fortune

Why Esther Perel is going all in on saving the American workforce in the age of AI

The world’s relationship expert has entered the workplace.

Fortune

The hottest industry for Gen Z grads right now? Education, LinkedIn says

But be warned: The easiest path isn’t always the most financially rewarding.

Fortune

Salesforce just dropped $8 billion on Informatica. Here's why it's key to Marc Benioff's ambitious bet on AI agents

Salesforce CEO Marc Benioff has previously come under activist pressure for his aggressive M&A strategy.

Fortune

Beijing’s No. 2 wants companies to ‘fully share’ in China’s development

“China stands ready … to embrace greater openness and cooperation,” Premier Li Qiang said at Fortune’s ASEAN-GCC-China Economic Forum in Kuala Lumpur.

Fortune

Malaysia’s Anwar Ibrahim calls for a ‘fiercely independent ASEAN’ as he builds ties with the Middle East and China

Malaysia’s prime minister also defended Beijing, which took part in diplomatic summits in the country this week: “China is an important neighbor of ours.”

Fortune

Menopause startup Midi Health launches longevity care program for women

Longevity isn't just for men trying to live to 150.

Fortune

A German billionaire cofounded the steroid Olympics. Now he’s betting on blockchain-powered uranium

Why Christian Angermayer is investing in Uranium Digital as the crypto-powered future of commodities trading.

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