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The Latest Breaking News from Fortune

The Term Sheet monthly wrap: Biggest deals, funding rounds, and top stories for June 2023

A precarious dealmaking environment, A.I. deal count is down, and June’s most noteworthy VC deals.

Fortune

The professor who wrote the book on ‘jerks at work’ is sounding the alarm about a new office scourge: Too much niceness

Leaders’ fear of being too harsh is “completely backfiring,” NYU’s Tessa West tells Fortune. “We've created a culture where critical feedback is called toxic.”

Fortune

Creators react to Threads: ‘It’s better than Twitter’

But monetization questions loom for Zuckerberg’s latest iteration.

Fortune

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A celebrated jobs miss on Wall Street: Cooler labor market allays fears over red-hot payrolls as White House crows of ‘Bidenomics in action’

Slow and steady wins the race, and a 209,000 jobs number that missed expectations was actually sweet music for the Street.

Fortune

Why fast-food franchisees could be the next cohort to leave California

California franchisees say they will lose their independence if AB1228 becomes law, according to a new survey by the International Franchise Association.

Fortune

Housing market inventory is so tight that only one of the nation’s 100 largest markets saw a home price decline in May

Black Knight: Among the nation’s 100 largest housing markets, 99 saw a home price increase in May.

Fortune

‘Most comprehensive proposal to date’: Lummis and Gillibrand to reintroduce landmark crypto bill

The long-awaited legislation would tackle thorny questions like market structure and stablecoin oversight.

Fortune

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Chobani points to tenure compared to peers as reason for hiring refugees

Chobani says tenure at its plants is an average of six years after a concerted effort to hire, engage, and retain refugees.

Fortune

Opendoor CEO on housing market instability

Opendoor is one of 52 women-led Fortune 500 companies.

Fortune

Companies are being too conservative about A.I. predictions, says an MIT researcher who thinks everyone can 'double' their targets

Generative A.I. isn't hype and companies should shed their skepticism, according to Michael Schrage.

Fortune

The $2,000 smart mattress Mark Zuckerberg and Bryan Johnson use to master their sleep

Want better sleep? There's an app for that.

Fortune

Amid 'woke' backlash, Fortune's Change the World list is more vital than ever

Fortune is taking nominations for its Change the World list, recognizing companies that make a profit while working for the social good.

Fortune

The strategist who called a recession after the regional banking crisis says it already happened and nobody noticed

The catch is it's global. The heated debate about a U.S. recession is a moot point. The much bigger story is that a typical world recession has likely already started."

Fortune

ChatGPT suddenly 'isn't booming anymore,' Google A.I. researcher says—and kids are the big problem

ChatGPT just lost users for the first time, and Francois Chollet says it's because a big use case is homework.

Fortune

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Fortune

Twitter owner Elon Musk has taken first steps in creating an ‘everything app’ to rival WeChat. It’s going to be an uphill battle

Despite receiving key regulatory licenses, Musk faces greater challenges in building out his dream app.

Fortune

Mark Zuckerberg says Musk blew his chance to make Twitter the conversation app

In just seven hours, over 10 million people have flocked to Threads to see what all the fuss is about, so aspiring thought leaders better sign up pronto to stand out among the masses.

Fortune

How to nominate an executive for the 2023 Fortune Most Powerful Women list

The 2023 Fortune Most Powerful Women in Business list will publish this fall.

Fortune

WFH's staunchest proponents just dropped a bomb: Fully remote workers are less productive

Fully remote work is associated with 10% to 20% lower productivity than fully in-person work, WFH Research finds.

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news in one place.

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Fortune

Millennial and Gen Z employees are rejecting assignments, turning down offers, and seeking purpose. Here's what they expect of their employers, according to Deloitte’s latest survey

Nearly 4 in 10 respondents said they have rejected work assignments due to ethical concerns–and more than a third have turned down employers.

Fortune

Venture capitalists are betting big on pickleball

Fortune invites two venture capital firms to go head-to-head in a match.

Fortune

7 dangerous myths about marriage and the truth, according to an expert

Realistic expectations are a must.

Fortune

Crypto lender Cred collapsed in 2020 after pulling in $135 million from customers. Its shady dealings foreshadowed FTX’s downfall—but regulators didn’t notice

Cred and its successor Earnity have been accused of using many sloppy tactics from the Sam Bankman-Fried playbook.

Fortune

What are Fortune 500 CEOs reading?

41 Fortune 500 CEOs shared their favorite books of the past year.

Fortune

TikTok paying thousands to creators for longer-form content

TikTok is opening its cash coffers to creators in the hopes of attracting bigger ad spend—and upping the ante in its rivalry with YouTube

Fortune

A top NYC commercial real estate CEO says the buildings suffering from remote work are the same ones he warned about 6 years ago

Marx Realty's Craig Deitelzweig tells Fortune that a certain property is in"deep trouble," even if it's a "brand-new glass and steel office building."

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