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The Latest Breaking News from Fortune

Elf Beauty’s CEO blames the company’s lowered fiscal outlook on people being too distracted by the TikTok ban and wildfires

Social conversions were down 20% in January, CEO Tarang Amin said.

Fortune

Experts warn MicroStrategy's high-flying valuation has 'no rational explanation'—and investors face a double whammy of risk

The company, which rebranded from MicroStrategy to "Strategy" this week, is worth just under double the value of its Bitcoin holdings.

Fortune

American troops describe fear and anxiety following Trump's transgender military ban

“With the yo-yoing of the policy," says one transgender naval officer, "it can make it hard for people to know where they're safe.”

Fortune

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Amazon is boasting record profits but one mystery remains: How much are seller fees boosting the bottom line?

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

Fortune

Cambodia's largest bank credits a unique investment for its 'exponential' growth

In Channy, president of ACLEDA Bank, says a proper office convinced ordinary Cambodians to trust the bank: “They say...I want to make sure you exist!”

Fortune

Elon Musk appears to consider reinstating the 25-year-old DOGE staffer who resigned after being linked to a racist social media account

The statements Musk is seemingly referring to include posts calling to normalize “Indian hate" and one suggesting Gaza and Israel be “wiped off the face of the Earth."

Fortune

Senior public-health officials are reportedly being asked to rank thousands of employees on how vital they are to agency functions

The White House is preparing an executive order to slash thousands of workers from the HHS and CDC, according to anonymous employees.

Fortune

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Fifteen Percent Pledge founder responds to Target DEI reversal

Target's DEI pivot was received the worst by consumers of any company's.

Fortune

25-year-old employed by Elon Musk’s DOGE who posted he was ‘racist before it was cool’ resigns after being linked to deleted social media account

Marco Elez was part of a team of young, tech-savvy DOGE workers who have been tearing through government agencies.

Fortune

Greylock’s Asheem Chandna on spotting game-changing founders, and never losing a dime

Greylock’s Asheem Chandna has spent 22 years in VC, and he’s never lost money.

Fortune

The company behind Shaq's Super Bowl party says it solved the industry's 'dirty secret' and will make $15 million from 3 events

Medium Rare hosts Shaq’s Fun House, Guy’s Flavortown Tailgate, and SI The Party, expecting tens of thousands of fans this weekend.

Fortune

Trump’s resignation offer to millions of federal workers is a legal nightmare—and the fight has only just begun

“I assume this will be taken all the way up to the Supreme Court."

Fortune

OpenAI cofounder John Schulman is joining Mira Murati’s startup after brief stint at Anthropic

It remains unclear why Schulman chose to leave Anthropic so soon after joining, as well as what his role will be at Murati’s company.

Fortune

Amazon just dethroned Walmart in quarterly revenue for the first time ever with a bombshell $187.8 billion in sales

Walmart held the top spot in quarterly sales for more than a decade.

Fortune

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Fortune

Will the human life span increase within your lifetime? More men than women believe it will, survey finds

More men than women also believe they will live to 100.

Fortune

Diem builds alternative to X and TikTok

Diem also raised $1.8 million in new funding.

Fortune

Uber CEO says the company is 'well-positioned' on autonomous vehicles—but gains are still a long way off

Chief executive Dara Khosrowshahi said Uber was "well-positioned" as the autonomous-vehicle market heats up.

Fortune

Vermillion Cliffs Ventures launches with $13 million debut fund

Ashley Smith, previously of GitLab and GitHub, has launched Vermillion Cliffs Ventures with a debut $13 million fund, Fortune can exclusively report.

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Fortune

‘I'm scared': Inside federal workers' heartbreak and fury after Trump administration encourages resignations

Time is almost up for federal workers being forced to make a difficult choice.

Fortune

Inside USAID chaos as HR team dealing with mass administrative leave is placed on administrative leave

The Trump administration and Elon Musk's DOGE are moving to shut down USAID.

Fortune

Stop blaming Gen Z for resisting RTO: 91% say they want a balance between in-person and remote work

The tech-forward generation actually wants more in-person interactions with their colleagues.

Fortune

Andreessen Horowitz just hired Daniel Penny, the ex-Marine who was acquitted after choking a man to death on a New York City subway

Marc Andreessen backed the Republican ticket in the presidential election, and Vice President JD Vance cheered the news of the hire.

Fortune

The former head of the OPM condemns Trump buyout offer and says federal workers are being ‘tormented’

“In what other business does the head of the business denigrate and go to war with his own employees?”

Fortune

Union Square Ventures leads $14 million round in Reservoir, an NFT firm pivoting to bridge technology

Reservoir launched its own blockchain bridge in 2024 to advance communication between chains.

Fortune

How to nominate for Fortune Most Powerful Women list 2025

We're accepting nominations for Fortune's 2025 Most Powerful Women list.

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