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The Latest Breaking News from Fortune

Baidu reveals expectations-beating earnings and touts its new ChatGPT-like AI models, amid leadership chaos at U.S. competitor OpenAI

Baidu took an early lead in the race to dominate China's AI sector with the release of ERNIE Bot earlier this year.

Fortune

Bed, Bath & Beyond investor slams the board chair for allegedly speculating on ‘secret nefarious plot’ from reality star board member Marcus Lemonis and refusing his help

JAT Capital Management, which owns 9.6% of Bed, Bath, & Beyond, sent the board a second letter, just weeks after it got its CEO fired.

Fortune

Generative AI is the major turning point in skills-first hiring, says former IBM CEO Ginni Rometty

The former IBM CEO coined the term “new-collar jobs” a decade ago. Now she says skills-first is more apt—and it’s all the rage.

Fortune

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Sam Altman’s role ‘not expected to change’ at eyeball-scanning crypto startup Worldcoin amid OpenAI drama

Altman is the chairperson and cofounder of Tools for Humanity, the organization overseeing Worldcoin.

Fortune

Media Matters chair won't back down about anti-semitism on X: 'As evidenced by Elon Musk’s own conduct, the rot seems to go all the way to the top'

Angelo Carusone is undaunted. "He’s engaged in malicious cruelty for no reason at all against people that clearly have a lot less power than him."

Fortune

CEO in Name Only: How to tell if you're a CE-NO instead of a CEO, and what to do about it

Corporate leaders like Linda Yaccarino and Bob Chapek show the perils of undermined leadership.

Fortune

X CEO Linda Yaccarino stands by Elon Musk

Ad industry peers are warning Yaccarino that her reputation could be damaged if she stays at X amid antisemitism scandal.

Fortune

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OpenAI uprising shows how easy it is to destroy employee trust

The OpenAI mishandling of Sam Altman's ouster has led to employee uproar and threats of quitting.

Fortune

OpenAI’s new CEO once labeled himself ‘super opinionated’—and likened working for Microsoft to selling his soul

The former Twitch CEO has taken the helm at the ChatGPT creator after Sam Altman was ousted.

Fortune

OpenAI’s investors are trying to bring Sam Altman back

The VCs invested in OpenAI are weighing a lawsuit against the board.

Fortune

A new global study shows the real reason the West is still one step ahead of Asia when it comes to the digital economy–and it’s not technological prowess

Findings from the NRI confirm that technological excellence alone is not enough.

Fortune

Gen Z wants psychological safety at work—and here’s why it’s good for companies and employees

Why the C-Suite should care about creating psychologically safe workplaces

Fortune

OpenAI’s venture capital investors keeping legal action on the table if Sam Altman isn’t reinstated, sources say

Satya Nadella's midnight hiring of Sam Altman and Greg Brockman was a shrewd move for Microsoft, but unless Altman returns to OpenAI, the startup's other VC investors will be left with an empty shell.

Fortune

Even experts can’t agree on the ideal hybrid workweek combo, says Harvard future of work professor: ‘We’re building the plane while flying it’

You need to leave room for experimentation, Raj Choudhury explains.

Fortune

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OpenAI made 5 huge governance missteps—here’s what boards can learn from its error

OpenAI's boardroom decision has left investors and Silicon Valley stunned.

Fortune

Microsoft added $63 billion to market cap from OpenAI drama

By hiring Sam Altman and Greg Brockman to a new in-house advanced AI research team, Microsoft flipped the script in the OpenAI debacle.

Fortune

Musk says labeling him antisemitic is ‘bogus’ after tweets led to fresh advertiser exodus from X

Musk has previously described himself as "pro free speech but against antisemitism of any kind."

Fortune

OpenAI's 34-year-old CTO Mira Murati was briefly at the center of its CEO chaos

When OpenAI ousted CEO Sam Altman, Murati stepped in as interim CEO.

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Fortune

How OpenAI’s unusual governance structure backfired

OpenAI’s corporate structure limits control from any of its shareholders.

Fortune

Shoplifting has become such a pain in Spain that supermarkets are locking up their olive oil supplies—and it's working

Olive oil prices have soared 150% in Spain over the last two years, making the commodity the target of retail theft and sophisticated heists.

Fortune

The housing market may be at a standstill–Americans are growing more psychologically attached to their homes than ever

In the face of ongoing economic and geopolitical uncertainty, the notions of 'home' and a trusted and safe community have become more resonant than ever.

Fortune

Inside the empire of Elon Musk, the world's boldest and brashest businessman

The empire of Elon Musk, the world's wealthiest person, spans cars, space travel, social media, and much more.

Fortune

There’s trouble below at Elon Musk’s Boring Co.

Shelved projects, slow progress, and politics seem to have dulled Elon Musk's tunneling dreams at the Boring Company.

Fortune

One map that shows everywhere Elon Musk is doing business

From Austin to Shanghai, here's the definitive map of Musk's global business operations.

Fortune

OpenAI investors are pushing for Sam Altman’s return, and it could mean changes to the board that fired him

Microsoft and other investors want Altman back as OpenAI CEO after his surprise ouster by the board on Friday.

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