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The Latest Breaking News from Fortune

Asymmetric Capital Partners raises $137 million second fund, beating ZIRP-era odds

Asymmetric has raised its $137 million second fund, passing its original $125 million target, Fortune has exclusively learned.

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The secrets and rituals behind the 100 Best Companies to Work For in Europe

Also: All the news and watercooler chat from Fortune.

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Starbucks CEO reveals a 'secret AI barista' that assists with making coffee in real time—and may one day predict your order

Brian Niccol wants to make Starbucks the "world's greatest customer service company again" and he wants AI to help solve the "chaos" of ordering.

Fortune

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For succession planning to work, boards need to hunt for future CEOs with these 4 traits, YouTube exec says

YouTube exec Tara Walpert Levy spoke at Fortune's Most Powerful Women conference in Washington, D.C., on Tuesday.

Fortune

Nestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is 'automation'

"This initiative is focused on transforming our ways of working," a company spokesperson told Fortune.

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Durability tester says Google's new $1,800 foldable phone is the first smartphone to explode during his routine test—and he caught it all on camera

Zack Nelson from JerryRigEverything said he's never had a phone set off his fire alarm in the decade of durability testing smartphones.

Fortune

Gen Z's misery is real: Most workers in this economy lack a voice and are stuck in low-quality jobs, a massive Gates-backed study finds

"We've seen, really, a rising tide of unhappiness, loneliness, isolation, anxiety, stress, and worry," Stephanie Marken of Gallup told Fortune.

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This exec says resisting FOMO is a major challenge in the AI age: ‘Stay focused on the human being’

Executives from Brilliant Earth, Grindr, and Braze agree: Trying to innovate just for the sake of it can do more harm than good.

Fortune

Logitech CEO Hanneke Faber says she would consider adding an AI agent to her board of directors

Also: All the news and watercooler chat from Fortune.

Fortune

Gen X Pinterest exec was raised in the Bronx: Now, he lives in the center of LA, eats out 50% of the week, and tracks his brainwaves while meditating

Pinterest’s chief content officer Malik Ducard worked at Google, YouTube, and even Hollywood before forging partnerships with Emma Chamberlin and Colman Domingo in his C-suite role at Pinterest.

Fortune

The CEO behind Abercrombie & Fitch’s turnaround says the retailer isn’t chasing ‘cool’

The CEO has lined up the NFL and Macy’s as partners to keep its momentum going.

Fortune

The CEO of corporate credit card unicorn Ramp says the company's counterintuitive secret to success is helping customers spend less

"What if actually we wanted the same things as our customers, and what if our goal was," Glyman told Fortune, "actually just help them spend less?"

Fortune

AI trading is flooding Wall Street—and fueling a 1.2 trillion-message trading surge, NYSE president says

There are threefold more trades on Wall Street versus just four years ago, the head of the stock exchange, Lynn Martin, told Fortune.

Fortune

Self-made billionaire Selena Gomez says people didn’t take her seriously in the beauty business at first

Selena Gomez spoke at the Fortune Most Powerful Women Summit in Washington, D.C., on Wednesday.

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Best Buy CEO says C-suite resilience in the age of AI requires constant learning

“Our focus is maniacally on the customer,” Barry said.

Fortune

Meet David Joyner, the professor who cloned himself with an AI avatar named 'DAI-vid,' as part of an experiment to 'democratize' online learning

What if your professor was AI-generated? Georgia Tech's David Joyner and MIT's Anant Agarwal have a course for you from the online learning platform edX.

Fortune

GSK chief doesn't buy that the CEO role has become unsustainable

The co-CEO model may work with the right “cocktail” combination, but CEOs must be prepared to give the position “everything you possibly have,” she said.

Fortune

JPMorgan’s Jamie Dimon gives 100% every single day, even after years on the job—just like football great Tom Brady

Dimon, who has led the bank for 19 years, spoke about his leadership philosophy at the Fortune Most Powerful Women Summit.

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news in one place.

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Fortune

Goldman’s acquisition of Industry Ventures is a bet on soaring secondaries

When Goldman Sachs announced plans on Monday to acquire Industry Ventures, eyebrows shot up.

Fortune

JPMorgan CEO Jamie Dimon on mentorship and 'the need to keep the Western world together economically'

Also: All the news and watercooler chat from Fortune.

Fortune

JPMorgan CEO Jamie Dimon says people who don’t think job losses due to AI are inevitable, ‘should stop sticking their head in the sand’

The Wall Street bank chairman and CEO said AI is going to displace jobs but it will also dramatically increase people’s quality of life.

Fortune

Amazon is planning a new wave of layoffs, sources say

Amazon’s 10,000-plus-employee HR division, which includes recruiters, is expected to be among the hardest-hit in the job cuts.

Fortune

Kamala Harris doesn't believe her presidential run was her finale: A glass 'cliff suggests finality, and I’m not into that'

The former vice president spoke Tuesday at Fortune's Most Powerful Women conference in Washington, D.C.

Fortune

Jamie Dimon gets real on AI, sees stocks ‘in some form of bubble territory’

The JPMorgan CEO told Fortune: “You can’t look at AI as a bubble, though some of these things may be in the bubble.” And AI is different from generative AI.

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Meghan Markle Talks Business in an Ivory Blouse and Leather Pencil Skirt at 'Fortune' Summit

The Duchess of Sussex discussed her As ever brand and Netflix deal in Washington, D.C.

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