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The Latest Breaking News from Fortune

Google and Meta employees are apparently getting jealous of their wealthy Nvidia peers

“Bought a $100K family car in all cash and didn’t have to think about it.”

Fortune

The U.K.’s quantum advantage is about to pay off—but a government spending review risks squandering it

New NVIDIAs and Microsofts of quantum will be born, and today, there is a large chance that one or more of these will come from the U.K.

Fortune

The late tech mogul Mike Lynch's CFO went to jail for fraud: experts explain 3 illegal accounting tricks he used

Former Autonomy CFO Sushovan Hussain was sent to jail for five years.

Fortune

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Arrest of Telegram CEO raises concerns over app's leadership, investor cites 'dictatorship'

The social media platform is facing its biggest crisis yet after French authorities arrested Pavel Durov.

Fortune

Nvidia’s Q2 earnings could spark an AI rally—or a selloff

Nvidia’s earnings are a referendum on both AI investment and the semiconductor industry, multiple industry analysts told Fortune.

Fortune

Meta nixed custom-chip efforts for upcoming AR glasses

The Facebook parent company worked for years to develop its own computer chips for high-tech glasses. Mark Zuckerberg’s ongoing “efficiency” mandate saw the work effectively end last year.

Fortune

Millionaire Gen Z influencer Alix Earle said she was given ‘wrong advice’ on racist posts

The 23-year-old speaks out about old ASKfm posts that included racial slurs.

Fortune

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AI industry holds its breath for Nvidia earnings and a vote on California's AI bill

Both events may tell us a lot about where the AI era is heading.

Fortune

Crypto will have the same effect on capitalism as the invention of stock markets. The only question is when

The widespread adoption of digital assets could occur within the next half-decade, writes Unicorns Inc. CEO Silvina Moschini.

Fortune

How the Walmart-Amazon rivalry encapsulates the Fortune 500’s biggest trends

Amazon is predicted to overtake Walmart as the biggest company by revenue, but both have made strategic moves to dominate in retail and beyond.

Fortune

Exclusive: Ambience Healthcare’s AI technology launches at John Muir Health

Ambience’s technology has now been rolled out at John Muir Health, a prominent Northern California healthcare system, with 16 specialties accounted for, Fortune can exclusively report.

Fortune

Mark Zuckerberg blasts Biden administration for pressuring Meta to censor COVID content—‘I regret that we were not more outspoken’

“I feel strongly that we should not compromise our content standards due to pressure from any administration in either direction—and we’re ready to push back if something like this happens again.”

Fortune

Clichés, exaggerations, overstatements: Our analysis of 23,000 annual reviews shows top performers get the worst feedback

When you focus just on the reviews written for high-performing women, 38% of the sentences contain some instance of problematic feedback.

Fortune

Americans are draining stock portfolios to shovel more money into sports betting

Amid the growing lure of sports betting, Gen Z men in particular face a growing risk of financial disaster, experts say.

Fortune

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Fortune

Billionaire Autonomy cofounder Mike Lynch’s and Stephen Chamberlain’s careers were intertwined for years in a fraud trial. Then they died on the same day miles apart

Mike Lynch and Stephen Chamberlain were codefendants in a U.S. fraud trial. Here’s what we know about Chamberlain in the years preceding his death in the U.K., on the same day as Lynch’s yacht disaster in Italy.

Fortune

The VIX has recovered, but is Wall Street’s ‘fear gauge’ useful?

The VIX’s big swings, multiple experts told Fortune, serve as evidence the index doesn’t quite mean what it used to.

Fortune

Red Lobster's new leader is a millennial Wall Street fave who doesn't believe in work-life balance

Damola Adamolekun, former P.F. Chang’s CEO, turns to a new fast-casual venture.

Fortune

The average American drops $330,000 on rent before becoming a homeowner

Hawaii residents can expect to spend more than half a million dollars on housing during the course of 13 years.

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Fortune

OpenAI's AGI safety team has been gutted, says ex-researcher

A group of OpenAI researchers ensuring that a future AGI system does not pose catastrophic or even existential danger has been decimated.

Fortune

The pandemic may have actually improved mental health for some kids, study finds

“We actually found some improvements,” says one researcher.

Fortune

Family calls for release of U.S. Special Agent wrongfully held in Nigerian prison

Tigran Gambaryan, a highly respected former IRS special agent who now works for Binance, is being denied medical help and legal counsel by Nigeria.

Fortune

Elon Musk calls for release of Telegram founder Pavel Durov as arrest sparks debate whether X owner may be next

The CEO of right-wing YouTube rival Rumble says France "crossed a line" arresting Durov, while Trump impeachment witness warns Musk should be "nervous."

Fortune

Americans are struggling to scrape by—more than 40% of full-time workers aren’t making a living wage

Occupational crowding, rising costs of living, and pay gaps are harming workers.

Fortune

Skepticism and confusion: Inside Elon Musk's latest promises to X employees

Workers aren't banking on a recently offered stock grant and are in the dark about moving out of the social media service's headquarters, insiders told Fortune.

Fortune

The CFO of Mike Lynch's tech startup Autonomy went to prison. It's a cautionary tale

The former finance chief Sushovan Hussain was also sanctioned by the Financial Reporting Council.

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