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The Latest Breaking News from Fortune

Exclusive: Jack Dorsey’s Block plans more layoffs just days after cuts at Tidal

The company behind CashApp, Square, and Tidal has conducted multiple rounds of layoffs over the last year.

Fortune

Tomasz Tunguz’s Theory Ventures has raised a $450 million second fund, filings say

Theory Ventures has raised $450 million for its second fund, according to securities filings viewed by Fortune.

Fortune

Amazon CEO hints new AI Alexa will complete your tasks

Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it’s unclear when the product will actually launch.

Fortune

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Anxious Google employees just broached cost-cutting concerns with executives—who were dressed in Halloween costumes

The tech giant’s chief scientist Jeff Dean was reportedly dressed as a starfish.

Fortune

Rep. Trone: Harris’s economic vision isn’t unrealistic. I know because I’ve lived it

'I believe in Kamala Harris because leaders like her once believed in a farmer’s son who had nothing but a good idea.'

Fortune

British fintech founder who moved to U.S.: U.K. tech's problem isn't taxes—it's ambition

'Moving to America went beyond market size—it was a stark recognition that Britain stifles ambitious tech companies.'

Fortune

Why the ultra wealthy are renouncing their U.S. citizenship

The ultrawealthy are joining “accidental Americans” in renouncing their passports.

Fortune

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Countries seeking to gain an edge in AI should pay close attention to India’s whole-of-society approach

Big Tech has powered the significant U.S. lead in AI development—but it's concentrated in handful of organizations and geographic regions.

Fortune

Red flag test: CEO explains why he rejects job candidates who say they can start right away

“They don’t get the job, because they’ll treat us the way they treat that former employer,” Gary Shapiro of the CTA says

Fortune

Top election official says colleagues gave Elon Musk ‘hand-delivered’ notes to stop him from spreading misinformation

The spread of false election information on X has left election officials exasperated and overwhelmed.

Fortune

The anticipation of a Trump win is sending mortgage rates soaring. Top economists say scorching inflation is very likely to go with it

Rising inflation is what pickled the housing world in the first place.

Fortune

Anthony Scaramucci’s case against Trump

The prevailing narrative in 2024 is that Trump is the better candidate for business. The reality is that Harris has a better economic record and plan.

Fortune

A little-known startup is acquiring enormous diamonds—and shaking up a $100 billion industry

HB Antwerp uses a blockchain to track diamonds and to route more money to the stones' home country. Industry giant DeBeers has followed suit.

Fortune

Two years ago, world leaders established a global Pandemic Fund. Now its co-chairs are warning it needs at least $2 billion by June

Due to the high demand in many countries, the Pandemic Fund will exhaust most of its funds by next June.

Fortune

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Fortune

‘No longer the only woman in the room’: MBA gender gap closing at top business schools

Women make up 42% of MBA students, and top schools like Northwestern, Duke, and WashU reached gender parity this year.

Fortune

EXCLUSIVE: OpenOrigins, a blockchain software to combat deepfakes, expands globally with $4.5 million from Galaxy

The company is also launching a marketplace to help newsrooms license their data for AI training.

Fortune

HR frightfest: Leaders from Salesforce to Indeed share their biggest fears about the workplace this spooky season

People leaders say advanced technology is keeping them up at night.

Fortune

In its tenth year, Female Founders Fund has returned its first fund

Female Founders Fund has returned its first fund after doing a partial secondary sale in women’s health-focused Maven.

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Fortune

Data Sheet: It'll all be over soon

"Softening demand and macro headwinds," per CEO Drew Houston.

Fortune

Tesla’s robotaxi will make your commute worse. Elon Musk should focus on the less-hyped Robovan instead

Robotaxi companies would argue that centralized vehicle routing algorithms can reduce 'deadheading,' but it's inevitable in any taxi system.

Fortune

Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Auditor Ernst & Young just walked out in the middle of auditing Charles Liang’s tech giant, but Super Micro disagrees with EY’s decision to quit.

What Hi-Fi?

Tidal will reportedly make mass staff cuts (again) as it looks to operate 'like a startup'

CEO Jack Dorsey says the company must act “like a startup again” and operate with a "much smaller team" to improve efficiency.

Fortune

Jack Dorsey hits Tidal with another mass layoff: "We need to build like a startup again"

The streaming music service, founded by Jay-Z, has been owned by Dorsey's Block for several years.

Fortune

You may not know it, but Kamala Harris is a champion for entrepreneurs

As Vice President, Harris has often been the point person for the Biden White House’s minority and women-owned business initiatives.

Fortune

Chanel's CEO went to Microsoft HQ and asked ChatGPT to show her a picture of her company's leadership. They were all men in suits

Leena Nair said over 75% of her company’s employees are female.

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