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The Latest Breaking News from Fortune

Meta, TikTok And X Have One-Year Deadline To Prepare For Australia's Social Media Ban For Kids Under 16

The Australian legislation could set a global precedent as other countries consider measures to regulate children's social media use.

International Business Times UK

Joshua Kushner: Why I bet $1.3 billion on OpenAI

Joshua Kushner said at Fortune’s Global Forum there were two main reasons.

Fortune

Tom Brady’s key to success: ‘To me, failure is amazing’

Hard lessons as a benchwarmer and sixth-round draft pick fuelled the career of a 7-time Super Bowl winner.

Fortune

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RTO mandates aren’t for everyone. Here’s what we did instead—and it’s working: Synchrony CEO

The hybrid work model has been instrumental in making Synchrony’s business model successful, says CEO Brian Doubles.

Fortune

The CEO of a $17 billion real estate giant will step down after 50 years—and just weeks after a short seller accused him of concealing millions in self dealings

“Mr. Shiffman’s retirement is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices,” Sun Communities said in a filing.

Fortune

Trump calls for investigation into possible 'illegal' rumors saying he wants to sell his Trump Media shares

Trump’s shares in the company are worth about $3.5 billion.

Fortune

After its entire board resigned overnight, 23andMe will cut over 200 employees and its cancer research in an urgent bid to nurse the company back to health

The DNA-testing firm said in a Tuesday SEC filing, “there is substantial doubt about the company’s ability to continue.”

Fortune

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AT&T's CEO says AI may cause power shortages and it could be ‘the next big social issue in the United States’

Gartner has echoed that by 2027, AI demand will exceed power utilities’ capacity

Fortune

Trump could 'kick off a crypto Golden Age' by delivering regulations the industry has been craving for years, Paxos CEO says

“There’s so much pent-up demand,” Chad Cascarilla said at Fortune's Global Forum.

Fortune

UN hopes tech will answer call to address its climate impact at COP29

In 2022, 166 tech companies emitted nearly 1% of global greenhouse gas emissions—that total would place them in the league of the top 25 emitting countries

Fortune

Bitcoin is close to breaking $90k for the first time. What's behind the monster rally?

"A regime shift is underway," said one crypto hedge fund manager.

Fortune

Leading China investor Fred Hu advises Beijing to ‘stay cool’ amid Trump tariff threat

If China retaliates to a trade war, "that’s a lose-lose with global ramifications,” said Primavera founder Fred Hu at the Fortune Global Forum.

Fortune

AT&T CEO: A looming airwave gap will bring higher cellphone bills

Wireless networks need electromagnetic spectrum—and a lot of it—to send data.

Fortune

Bozoma Saint John self-funds hair brand Eve by Boz

Saint John is known for building the brands of some of the world's most influential companies, now she's launching her own line.

Fortune

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Fortune

Coinbase launches ‘Coin50’ index as crypto equivalent to S&P 500 and a balance to Bitcoin

The Coin50 index includes the top 50 cryptocurrencies ranked by market cap and provides a comprehensive view of industry performance.

Fortune

Canoo tested its electric delivery vans for Walmart without airbags, sources say

“Everybody in the building—everybody in the company—knew that there was a safety issue,” one former employee says.

Fortune

Fortune's inaugural 100 Most Powerful People in Business ranking

Power is nuanced: hard-won and easily lost, it’s never static.

Fortune

MSCI CEO: Long vilified as a ‘license to pollute,’ carbon credit markets are becoming far more effective than once thought

Companies that use carbon credits are decarbonizing at twice the rate of companies that do not use them, according to MSCI's research.

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Fortune

Mattel was supposed to have a hit with its 'Wicked' dolls ahead of the movie premiere. But it backfired

Toy manufacturer apologizes for misprint on “Wicked” dolls that direct to an adult site.

Fortune

America solved veterans’ unemployment within a decade—but ‘underemployment’ continues to hold back their talents

With national unemployment rates at historically low levels, veteran unemployment is now even lower, dropping to 2.8% last month.

Fortune

Here's how HR leaders can help employees prepare and recover from a hurricane

With climate change on the rise, employers need to implement policies and measures to provide for workers in their time of need.

Fortune

Women are separating their professional and personal names after marriage to protect privacy and reputation

"Nobody ever thought about the algorithm impact before—but it's only going to become more of an issue."

Fortune

It’s still hurricane season—Here’s how managers can prepare their workplace for increasingly severe natural disasters

With climate change on the rise, employers need to figure out how to support employees after a natural disaster.

Fortune

Over 80% of Millennials say they can't afford a midlife crisis

81% of millennials say they can’t afford a midlife crisis, psych study shows.

Fortune

Tom Hanks is right—35 is the worst age

Bad news millennials, you’re going through a regular crisis.

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