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The Latest Breaking News from Fortune

Prosecutors have damning evidence of Sam Bankman-Fried’s fraud: Why isn’t he pleading guilty?

A white-collar defense attorney described the upcoming FTX trial as a “once in a decade” fraud case.

Fortune

We love bosses who brag about their accomplishments at work–and loathe colleagues who do the same, surprising new research by INSEAD shows

In nine experiments involving some 2,600 participants in the U.S., U.K., and Singapore, participants responded positively to bragging bosses.

Fortune

Top Twitch streamers call on company to fix a hack that lets users rack up fake views and defraud advertisers

By embedding their Twitch streams on third-party websites, some Twitch stars are allegedly padding streams with fake viewers, bolstering their rankings and clout.

Fortune

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Federal childcare funding is about to expire–and it could be terrible for the U.S. economy

The loss in taxes and revenue from closed programs could cost states $10.6 billion in economic activity–and cost families $9 billion in lost earnings.

Fortune

Clickbait websites could be siphoning $17 billion a year away from quality journalism–and brands don’t even know they’re paying for ads there

A study found that 14% of programmatic ad dollars are flowing to made-for-advertising websites–and not one participant knew about it.

Fortune

Workers have a $1.4 trillion message for the Fortune 500: We'll return to office if you pay for everything

Working from home is cheaper than commuting. To lure workers off their couches, bosses will need to pony up for the difference.

Fortune

Exclusive: Alexis Ohanian invests in coaching platform used by NBA and Angel City players

The Grand is a coaching platform founded in 2019.

Fortune

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Costco sees a gold rush as its new gold bars disappear within hours of being stocked. ‘A true you snooze, you lose’

The retail giant is selling one-ounce gold bars—but would-be buyers need to act fast.

Fortune

Understanding the ethical and business imperatives of generative AI

Larger societal challenges are emerging as employers continue to increasingly incorporate AI in the workplace.

Fortune

Many Gen Zers have a full-time job and a side hustle, partly because they're wary of getting burned by their employers: ‘They've seen it happen to their parents, to millennials’

Gen Z sees side hustles as just a smart way to diversify their income streams and plan for a financial future.

Fortune

Blockbuster report of OpenAI’s talks with iPhone designer Jony Ive about an AI hardware device suggests he ‘wants a front-row seat’ for the AI revolution, top analyst says

Although details on the product are scant, “Jony Ive is one of the genius minds of this generation,” says Wedbush Securities’ Dan Ives.

Fortune

Binance sells Russian operation to crypto exchange that officially launched hours prior to announced deal

CommEX, which hasn't publicly disclosed information about its CEO or where it's registered, agreed to purchase Binance’s Russian entity.

Fortune

Kevin Hart takes on $15 billion tequila market in new business venture

Comedian Kevin Hart joins a growing list of celebrities launching tequila brands.

Fortune

The U.S. economy has always shrugged off government shutdowns–but that might stop being the case if they become the new normal

Past government shutdowns barely made a dent in the U.S. economy–but real risk arises if hardball negotiating tactics become routine in Congress.

Fortune

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Fortune

Would Stringer Bell have used Bitcoin? Idris Elba on his iconic character and crypto

As "The Wire" star Idris Elba ventures into crypto, he answers a burning question.

Fortune

Alphabet's GV invests in menopause startup Midi Health

Midi views menopause as a space for a care company, not a products business.

Fortune

How Detroit and JPMorgan Chase teamed up to tackle the city's economic woes

Detroit's unemployment, housing, and economy are trending in the right direction, and JPMorgan Chase has been a big part of the turnaround.

Fortune

The companies electrifying cars—including Tesla—top Fortune's Change the World list

Fortune's Change the World list is a stong statement that business success can't be measured by financial metrics alone.

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Fortune

Can Elon Musk really save the world?

Despite his success with electric vehicles, the billionaire has not won over environmentalists.

Fortune

Anthropic’s CEO says why he quit his job at OpenAI to start a competitor that just received billions from Amazon and Google

Anthropic CEO Dario Amodei has raised billions from Amazon, Google, and Salesforce.

Fortune

The FTC’s case against Amazon could set a dangerous precedent–and benefit other retailers

'The latest lawsuit against Amazon fulfills the agenda Chair Lina Khan brought to the FTC,' writes Ted Bolema.

Fortune

GitHub CEO: 'Wall Street relies on software that was developed under Eisenhower. Here’s how AI can prevent the next financial crisis'

COBOL was created in 1959. It still processes $3 trillion of daily commerce and 95% of all ATM card swipes

Fortune

Moving back in with your parents is so common now that it's nearly lost its stigma

The majority of Americans don't think young adults should be judged for living with their parents.

Fortune

A top economist who studies AI says it will double productivity in the next decade: ‘You need to embrace this technology and not resist it’

Unlike many others, Brynjolfsson sees AI potentially bringing a bright future for human workers.

Fortune

MoneyGram unveils non-custodial wallet to bridge the worlds of crypto and fiat currency with USDC

The product is the latest effort to use blockchain technology to address the costly remittance sector.

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