The SpaceX IPO is a referendum on Elon Musk and his plan to colonize Mars Also: All the news and watercooler chat from Fortune. Fortune · May 21
MacKenzie Scott donated billions, more than Jeff Bezos’ lifetime giving, but still missed top donor rankings. Here's why Billionaire philanthropist MacKenzie Scott's massive 2025 donations, exceeding $7 billion, surprisingly excluded her from a top donor list. Her donations last year exceeded the lifetime charity done by her former husband, Jeff Bezos. The Chronicle of Philanthropy cited a lack of transparency regarding funds channeled through donor-advised funds. Despite her… The Economic Times · May 21
Ex-Facebook exec Sheryl Sandberg tells Gen Z the 10-year career plan is dead thanks to AI: 'Don't script your career when the future is uncertain' The former Meta says rigid career plans will backfire: "If I had one, I would have missed the internet," Sheryl Sandberg warned Gen Z. Fortune · May 21
Vice President JD Vance rebuffs question about President Trump’s stock investments, says Trump is so wealthy he doesn’t trade stocks himself Trump recently bought shares of Palantir, Dell, and Micron—all companies he has publicly praised. Fortune · May 21
BOLT CEO Claims Company Became More Efficient After Cutting Entire HR Division Bolt CEO Ryan Breslow removed the HR department, claiming it caused unnecessary issues. The fintech company is restructuring after a valuation decline, focusing on efficiency and a leaner workforce. International Business Times UK · May 21
Antler CEO Magnus Grimeland says Silicon Valley doesn't have a monopoly on tech: 'People can innovate from almost anywhere' Antler positions itself as a “day zero” investor, meaning it backs founders from the very start, before they’ve even started building their businesses. Fortune · May 20
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay Syndio’s CEO and the founder of Salary Transparent Street told Fortune workers aren't just demanding to know what their colleagues earn—they want to know why. Most employers can't tell them. Fortune · May 20
80% of companies have an immigrant in a top leadership role—Trump's visa crackdown is forcing them to make a 'plan C,' says immigration expert Last year, Apple and Google told employees on visas to not leave the U.S. to avoid the risk of getting stranded in another country. Fortune · May 20
Trump's EEOC chair is suing The New York Times because 'we should bring it on behalf of white workers too' "I think it's important for us to bring cases on behalf of the full rainbow of workers that come before us," Andrea Lucas told Fortune. Fortune · May 20
A senior comms exec says your AI notetaker could be your company's biggest liability Arielle Patrick, a managing partner at Upland Workshop, told Fortune AI notetakers risk leaking confidential information—or even getting the facts wrong. Fortune · May 20
Accenture exec says the consulting giant is hiring more entry-level workers out of college compared to last year As some employers reel back their entry-level hiring, Accenture’s global chief diversity officer, Beck Bailey, says the consulting giant is only ramping up its acquisition of Gen Z talent. Fortune · May 20
Meet the brothers who turned a homegrown AI agent into a $12 million bet on the future of work — in six weeks NanoCo's Gavriel and Lazer Cohen are the brothers behind the first AI agent "claw" company to raise real money. Fortune · May 20
America's new AI map shows something surprising: 'A lot of normal people are adopting AI' Microsoft's U.S. AI diffusion report finds the technology spreading into college towns, Sun Belt suburbs, and small businesses that didn't exist years ago. Fortune · May 20
The definitive guide to trade wars just dropped. Its authors have one message for Washington: Study your enemy Soumaya Keynes and Chad Bown spent years podcasting about trade before this book. They think the U.S. needs to get comfortable with unAmerican economics. Fortune · May 20
International Business Times UK · May 20 'Fired HR, Problems Disappeared': Bolt CEO Claims HR Was Creating Problems That 'Didn't Exist' Bolt's CEO Ryan Breslow navigated a dramatic 97% valuation drop, reshaping the fintech's culture by eliminating HR and implementing strategic layoffs.
Fortune · May 20 Circle cofounder raises $30 million for Series A ‘AI-native bank’ Catena Labs Sean Neville’s startup aims to build banking tools especially designed for AI agents.
Fortune · May 20 Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk The complaint follows a parent who lost her son to people who groomed him on the platform.
Fortune · May 20 AI data centers are reshaping the world’s largest commercial real estate company The AI buildout is reshaping everything from power grids to rural land markets—and turning CBRE into a key player in the infrastructure boom.
Fortune · May 20 ThredUp's CEO has a warning for five-day companies: You're going to lose the talent war A four-day workweek leaves employees more content and well-rested, and that directly translated to increased and sustained revenues.
Fortune · May 19 Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ Bolt CEO Ryan Breslow says a culture of “entitlement” forced a sweeping reset—including cutting the HR team, he says, which was “creating problems that didn’t exist.”
Fortune · May 19 The 30-year yield hasn't been this high since the Great Recession. Do the bond vigilantes ride again? "Wow." Analysts can’t decide if the bond market rout is nothing or everything.
Fortune · May 19 Pizza Hut franchisee claims $100 million losses from 'cascading operational breakdowns' in AI adoption gone wrong The problem wasn't AI hallucination, though—it was how gig workers responded to the new tool they'd been given.
Fortune · May 19 Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are' The daughter of Martin Luther King Jr. says corporate retreats from DEI initiatives expose which companies genuinely cared.
Fortune · May 19 Trump and Mark Cuban end war of words to tag-team America's drug pricing crisis: ‘Democrats want cheaper medications, too’ Trump seemed to relish winning the support of his onetime foe, turning to Cuban and saying, “Well, he made a mistake. It was a big mistake.”
Fortune · May 19 CEO of AI-powered performance review firm says annual evaluations weren’t designed for the AI era: 'The practice just hasn't kept up' 15Five CEO David Hassell told Fortune that companies must stop relying on the annual performance review cadence.