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The Latest Breaking News from Fortune

U.S. real estate is so expensive it's even keeping out wealthy foreign homebuyers

Foreign buyers haven’t purchased so few homes since 2009—15 years ago.

Fortune

A San Francisco politician has a plan to flip its 'ghost town' status—and it involves four days a week in the office

The Golden Gate city can’t get back on its feet if its most valuable earners keep logging on from home, mayoral candidate Mark Farrell says.

Fortune

Apparel giant VF ditches Supreme in a cautionary tale of tragically hip dealmaking

Supreme ultimately failed to help make VF's other brands cool.

Fortune

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Why Breeze Airways boss and JetBlue founder David Neeleman believes air travel remains 'unbelievably safe' and AI will change the game

It’s a tense moment for air travel. However, Breeze Airways CEO, chairman, and founder David Neeleman sought to reassure the audience at Fortune’s Brainstorm Tech.

Fortune

Why business leaders view AI as an opportunity to take 'toil out of your work'

AI tools can help boost productivity at work to focus on more "human" tasks, according to executives.

Fortune

Sam Altman’s $27m mansion is plagued with a flooded infinity pool and raw sewage dumps

The owner has already spend "hundreds of thousands" of dollars on repairs, with the latest issues expected to cost up to $4 million to rectify.

Fortune

Ethereum ETFs start trading Tuesday. Here’s what you need to know.

What are spot Ether ETFs and what do they mean for the crypto market?

Fortune

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As an underrepresented venture fund CEO, I believe in meritocracy—and I invest in underrepresented entrepreneurs for a reason

They have outsized disruptive potential, says Leslie Feinzaig, because they’ve been forged in fire—something she can relate to.

Fortune

The IRS is right to scrutinize pandemic-era employee retention credit claims—but legitimate filers can’t afford more delays

The IRS has closely examined ERC claims in backlog and determined that 10-20% were low-risk, 60-70% had unacceptable risk, and 10-20% had high risk.

Fortune

As VCs pledge support for Trump, Fearless Fund's Arian Simone keeps fighting for diversity

VCs are at odds when it comes to DEI.

Fortune

We used satellite imagery and AI to see who’s keeping their climate pledges. Here’s the shocking reality we found

Almost none of the signatories of the Global Methane Pledge are following through on their commitment.

Fortune

Venture firms need to emulate private equity, says Upfront Ventures partner Mark Suster

With IPOs and mergers still on hold, VCs may look to secondaries as their exit, Suster predicted at Fortune's Brainstorm Tech conference.

Fortune

Exclusive: Google is backing a Danish startup 'brewing' CO2 that’s decarbonizing the future

Copenhagen-based Again helps convert carbon released into valuable chemicals used in making paint, plastics and more.

Fortune

Sequoia captain Roelof Botha says firm won't take sides in presidential election, laments 'unhealthy' partisan divide

Botha says he is not registered with either political party. And while several prominent venture capital investors including Marc Andreessen, Reed Hoffman, and David Sacks have lined up on team Trump or Biden, Sequoia is staying on the sidelines.

Fortune

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Fortune

Google AI heavyweight Jeff Dean talks about algorithmic breakthroughs and data center emissions

The longtime Googler gave an update on AI initiatives at the Alphabet owned company, including project Astra, and addressed the recent report that Google's data center emissions have increased.

Fortune

Track star and entrepreneur Allyson Felix will launch the Olympic Village’s first nursery: ‘The systems aren't in place for mothers whatsoever’

“I don’t know why it has taken so long."

Fortune

AI will automate tasks, not jobs and other AI insights from Fortune Brainstorm Tech

AI will automate tasks, but not jobs. And insights on how companies can build AI that is trustworthy and reliable.

Fortune

How VCs from CapitalG to Norwest are coping with a dead IPO landscape: 'We’re not here to time the market'

Venture investors are rethinking their business model as billion-dollar companies struggle to find exits.

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news in one place.

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Fortune

Elon Musk could spend $180 million on EV-hater Trump - and it could backfire

Musk’s stance could clash with the political leanings of electric vehicle buyers, impacting sales.

Fortune

You can now get discounts by haggling with AI chatbots

U.K.-based startup Nibble allows merchants to offer discounts to customers through its bargain bot.

Fortune

The travel industry is waking up to pet parents' $259 billion annual budget as hotels, restaurants, and tours cater to our four-legged friends

Pet travel is the subject of over 19 million Google searches in the U.S. alone

Fortune

Dell employees just torpedoed the company's annual report card after it withheld remote workers' promotions and tracked attendance

"No matter what, I've never seen a score move that fast in the wrong direction," an anonymous employee told BI.

Fortune

Salesforce's AI chief says the company uses its Einstein products internally: 'We like to drink our own martinis'

Clara Shih, CEO of Salesforce AI, said companies are frustrated by generative AI’s lack of reliability.

Fortune

Political vitriol, gun violence, war: Here's how to stay sane amidst a crazy news cycle

If the barrage of negative news is leaving you feeling anxious, stunned, angry, or paralyzed, you are not alone. Here's what to do.

Fortune

On Prime Day, Amazon workers like me pay a high price

Amazon’s relentless push for speed is mentally draining and physically dangerous, says warehouse worker Wendy Taylor.

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