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The Latest Breaking News from Fortune

Condo prices are falling. Gen Z and millennials: This could be your shot to break into the housing market

Condo prices dropped 2% year over year, according to Redfin.

Fortune

Zillow's CEO says his friends were shocked when he quit a cushy job at Microsoft—but Steve Jobs led to his success at the $17 billion real estate firm

Zillow CEO Jeremy Wacksman left his cushy Microsoft job in 2009 to join the struggling real estate startup during the housing crisis. His friends had concerns—but he turned it around, thanks in part to Steve Jobs.

Fortune

How Zillow CEO Jeremy Wacksman is using AI to transform the real estate industry—for buyers, sellers, and agents

“The one thing we found over the 20 years is anytime you can bring technology to the process, people will consume it," Wacksman told Fortune.

Fortune

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Gen Z is ditching college for ‘more secure’ trade jobs—but building inspectors, electricians and plumbers actually have the worst unemployment rate

Trade jobs have been rebranded as a shortcut to six-figure salaries, without student debt, and immunity from automation. But Gen Z could be walking into a trap.

Fortune

Key takeaways from Mark Zuckerberg's memo on Meta's new "Superintelligence" AI drive and big hires

The hiring spree and restructuring come as pressure mounts on Zuckerberg to justify Meta's massive capital spend on AI infrastructure

Fortune

Tesla’s sales recovery hinges on low-cost car running behind schedule—‘without a new model, things will only get worse’

Tesla may have to revise its full-year guidance lower after failing to meet repeated promises it would launch at least one new lower cost model in the first half.

Fortune

There's an epidemic of fake workers—and 1 in 343 job applicants is now from North Korea, this security company says

Also: All the news and watercooler chat from Fortune.

Fortune

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Salomon’s Gen X exec starts his morning with 4 espresso shots and skiing, before heading to the office at noon: ‘It is a routine I’ve stuck to for over 25 years’

Despite driving innovation at a billion-dollar brand, Salomon’s chief brand officer’s day-to-day routine is surprisingly low-key: The Gen Xer tells Fortune he’s never worn a watch, and gets picked up and dropped off at work by his wife.

Fortune

North Korean operative reveals the inner workings of the IT scam infiltrating the Fortune 500 — ‘They had no idea that we were from North Korea’

Thousands of IT workers are trapped inside a global operation that funds North Korea’s weapons program, but one managed to escape.

Fortune

Silicon Valley investor Vinod Khosla predicts AI will replace 80% of jobs by 2030

Tech entrepreneur and investor Vinod Khosla’s prediction of AI automating 80% of high-value jobs by 2030 coincides with a reckoning for Fortune 500 companies.

Fortune

Why Boeing's new CFO Jay Malave is 'critical' to a turnaround

Malave was most recently CFO of Lockheed Martin.

Fortune

The anti-DEI movement has made corporate diversity stronger

C-suites and boardrooms have been forced to articulate why diversity is essential to financial performance.

Fortune

Exclusive: Ambrook raises $26.1 million Series A to provide farmers and ranchers with better accounting software

Founded in 2021, Ambrook has raised a $26.1 million Series A, led by Thrive Capital and Dylan Field, Fortune has exclusively learned.

Fortune

Mark Zuckerberg has a literal list of AI all-stars to whom he’s offering fantastic sums of money. An expert explains why he’s hiring so aggressively

“The List” includes five ex–OpenAI employees as Meta looks to build reasoning models to contend with rivals.

Fortune

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Fortune

Zillow CEO Jeremy Wacksman hits back at antitrust lawsuit claiming market abuse

Also: All the news and watercooler chat from Fortune.

Fortune

North Korean operatives and American accomplices accused in massive fraud that infiltrated the Fortune 500 and stole millions

The Justice Department, in a series of indictments, has laid out the use of front companies as a way to further the North Korean IT worker scheme.

Fortune

Mark Zuckerberg overhauled Meta’s entire AI org in a risky, multibillion-dollar bet on ‘superintelligence’

Helmed by Alexandr Wang, Meta’s newly created Superintelligence Labs unifies the company’s sprawling AI efforts and raises the stakes for rival AI firms.

Fortune

Longtime Bessemer investor Mary D’Onofrio, who backed Anthropic and Canva, leaves for Crosslink Capital

D’Onofrio will lead Crosslink’s crossover fund, where she will focus on AI vertical software and infrastructure, making a small number of “high-conviction” bets.

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news in one place.

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Benzinga

Working While Working Out–Chipotle And Starbucks CEOs Share Ideas On How To Improve Their Companies During Daily 5 A.M. Workouts

Being the CEO of a major company can put you on a pedestal where the rank and file feel uncomfortable giving you feedback and ideas that would move the company forward faster. Plus, there is the relentless pressure of hitting quarterly performance targets. It can leave you feeling isolated. The…

Fortune

Serena Williams' secret to success is about more than talent: You have to grind 'every day'

The 43-year-old tennis icon says humility and perseverance are key to success, echoing other leaders like Brian Niccol, Steve Jobs, and Mark Cuban.

Fortune

How AI shopping agents are reshaping online retail

A new Fortune report discusses how the dominance of major retailers could be disrupted by ChatGPT and Perplexity.

Fortune

Diane Brady talks to economist Nouriel Roubini, Carlyle's David Rubenstein, and Kraken's Arjun Sethi

Also: All the news and watercooler chat from Fortune.

Fortune

Investors fled U.S. bond funds, but Treasuries may get relief

The Federal Reserve has moved to boost bank participation in the bond market.

Fortune

Wealthy people are going to keep getting richer, say analysts, but a rise in 'luxury shame' will mean they'll try to hide it

In the financial crisis American consumers stopped showing their wealth off because they were “ashamed,” one expert tells Fortune, and this may come around again.

Fortune

Like Gen Z, Billie Jean King says manifesting really works: ‘If you think you're a failure, you'll fail. If you think you're a winner, you'll win’

The former world No. 1 women’s tennis player, BJK, says our thoughts make all the difference for success—but there's a strategy behind it.

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