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The Latest Breaking News from Fortune

SEC drops key stablecoin investigation into Paxos in win for crypto industry

The Gary Gensler-led agency issued a Wells notice against Paxos in Feb. 2023, indicating an active investigation and possible enforcement action.

Exclusive: Armada lands $40 million in funding round led by Microsoft’s M12

Exclusive: Armada lands $40 million in funding round led by Microsoft’s M12

Armada came out of stealth in 2023, and has so far raised $100 million, having just announced its Series A in December. And now, Fortune can exclusively report, it has scored another $40 million from Microsoft’s venture fund, M12.

GoFundMe CEO Tim Cadogan is revolutionizing crowdfunding with a conscience, securing over $30 billion for 'good causes' since 2010

GoFundMe CEO Tim Cadogan is revolutionizing crowdfunding with a conscience, securing over $30 billion for 'good causes' since 2010

In this week's CEO Agenda, GoFundMe's Tim Cadogan tells Fortune how AI and technology is helping to amplify worldwide solidarity.

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Sullivan & Cromwell will scan new hires for anti-Israel protest activities

A lawyer called the policy so “draconian” that it could run afoul of the Civil Rights Act.

Tesla's market share has fallen, but Elon Musk's company is back among the Magnificent Seven

The New York Times reported that Tesla's market share has fallen under 50%, but better-than-expected deliveries have fueled a massive rally.

Welcome to 'The Great Detachment': Workers are checked out—and so are their bosses

The workforce is disenchanted and disengaged, but too constrained to leave.

A power company's app couldn't keep up after Hurricane Beryl—so Texans turned to a fast-food burger chain to track power outages

The Category 1 storm resulted in 2.5 million outages and led to eight deaths in Texas and Louisiana.

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Germany's sale of 0.25% of the world's Bitcoin adds to crypto market jitters

Germany's sale of 0.25% of the world's Bitcoin adds to crypto market jitters

Bitcoin has tumbled by 19% since the German government accelerated its sales of almost 50,000 seized coins.

“From eating patterns to lifestyle practices”: Reviewing Institute for Integrative Nutrition’s health coach certification program

The health coach certification was deemed best for integrative medicine as part of Fortune's 2024 list.

Goldman Sachs to launch three tokenization projects by end of year, says digital assets chief

Goldman Sachs to launch three tokenization projects by end of year, says digital assets chief

The banking giant sees a major uptick in demand for crypto services, from trading to Bitcoin ETFs.

What to know about AI and bias

What to know about AI and bias

"Mastering AI" explains how the technology will transform business and society over the next decade.

Exclusive: Intuit is laying off 1,800 employees due to AI transformation

Exclusive: Intuit is laying off 1,800 employees due to AI transformation

But the maker of QuickBooks, Credit Karma, and TurboTax said in an internal email seen by Fortune it is also hiring for 1,800 new roles as part of the AI evolution.

What I learned during my year of writing about HR

What I learned during my year of writing about HR

HR executives as business power players, labor market turbulence, and the AI revolution—there’s a lot to uncover in the HR beat.

Gen Z grad reveals how she landed her dream role by ‘shooting her shot’

Gen Z grad reveals how she landed her dream role by ‘shooting her shot’

Ashleigh Spiliopoulou found her dream employer, Emerge PR, on Instagram and cold emailed the CEO.

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Builders are pumping the brakes on new apartment construction. But landlords will keep 'jacking up' rental prices

Even though we’re “in a big hole” when it comes to housing supply, builders are backing off.

Knowledge workers don’t seem to think AI will replace them—but they expect it to save them 4 hours a week in the next year

Professionals predict AI could free up as much as 4 hours a week in the next year—and up to 12 hours a week within 5 years.

The VC behind Mistral, Revolut and Slack just raised $2.3 billion to invest in long-term AI champions: ‘The era of the quick buck mentality is over’

“We think Europe is going to be one of the most important ecosystems for AI,” Index Ventures's Hannah Seal told Fortune.

As more and more weight-loss startups prescribe Ozempic and Wegovy, doctors say they’re making unproven claims

Noom, Calibrate, and Embla tell customers they can stop taking GLP-1s and keep off the weight they’ve lost. Doctors and drug manufacturers disagree.

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Outsourcing our writing to ChatGPT may diminish our critical thinking

Fortune's Jeremy Kahn, author of 'Mastering AI,' warns of relying too much on technology.

Gen Z loves sobriety so much that America's biggest non-alcoholic beer brand just doubled its valuation to $800 million

Athletic Brewing, founded in 2018, topped $90 million in sales last year.

Nike brings senior executive out of retirement to help mend retail partnerships

Thirty-year Nike veteran Tom Peddie will be rehired as vice president of marketplace partners, the company said.

VanEck and 21Shares file for Solana ETFs—a 'bet' on a Trump victory

The SEC has until March to decide on Solana ETFs. The real deadline, however, will be November's election.

Barcelona residents are so fed up with tourism they’re squirting visitors with water guns as they try to enjoy their meals

Locals argue that tourism isn't helping with soaring housing costs, precarious employment, and a lower quality of life.

Microsoft ordered employees in China to only use iPhones due to security threats

The move is the latest example of the U.S. and China banning each other's tech products as the two superpowers build diverging digital ecosystems.

Why Zoom—yes, Zoom—went back to in-person work, according to its chief people officer

“Proximity bias certainly exists,” Matthew Saxon acknowledged.

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