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The Latest Breaking News from Fortune

Elon Musk testifies Google co-founder sided with the robots: 'Larry Page called me a speciesist'

Musk pinned the entire story of OpenAI on a single insult he says Google co-founder Larry Page once hurled at him: "specieist."

Fortune

Disneyland implements facial recognition to keep the lines moving, but guests say they didn't know it was optional

The "Happiest Place on Earth" has a new bouncer.

Fortune

The $39 trillion national debt just got its own version of the viral Doomsday essay

Centrist political group No Labels is using science fiction to sound the alarm: "Neither party has any credibility on the debt or deficit right now."

Fortune

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Bloomberg, the OG of financial data firms, has a potent new AI agent. How it built it holds lessons for others

Bloomberg's "AskB" shows the potential of AI agents in finance. Building it wasn't easy, Bloomberg CTO says.

Fortune

A 160-year-old paradox explains why AI will create more lawyers and accountants—not fewer, top economist says

Apollo chief economist Torsten Slok thinks AI doomers may be proven wrong. Just swap in "people" for "coal" in Jevons Paradox.

Fortune

Tech has a ton of layoffs and AI disruption and the rest of corporate America doesn't. One Silicon Valley CEO knows why

Goodhart's Law is running amok, both in the companies where tons of supposed AI layoffs are having, and where it isn't, Box's Aaron Levie said.

Fortune

GM expects $500 million in Trump’s tariff refunds—just a fraction of the $3.1 billion in tariffs it paid last year

The automaker booked the $500 million as a first-quarter accounting gain even though it hasn't received the money yet.

Fortune

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Wall Street is panicking about OpenAI. A veteran tech analyst says everyone's overreacting

Between the Wall Street Journal's report on what Sarah Friar said and the lawsuit by Elon Musk painting him as a liar, Sam Altman’s having a bad week.

Fortune

Ray Dalio warns the U.S. is already in stagflation, and a Fed that loses credibility would make it worse

As affordability crushes consumer confidence to a decades-low, Dalio warns a loss of credibility at the central bank could turn stagflation fears into reality.

Fortune

A $500 million superyacht linked with Russia’s richest man was just able to pass through the blockaded Strait of Hormuz

The Nord, a 466-foot vessel connected to Russian steel magnate Alexei Mordashov, is the 12th largest superyacht in the world.

Fortune

Your job can actually kill you: More than 840,000 people die annually from health conditions linked to work stress, ILO report says

A new ILO report says long hours, job insecurity, bullying, and other psychosocial risks at work are tied to a total 1.37% loss of the global GDP.

Fortune

Activists call out 'horrifying' soaring oil and gas profits as energy companies cash in on the Iran war

As drivers sour on rising fuel prices, energy firms are making a killing.

Fortune

Janet Yellen on Trump, the Fed, and the future of jobs

The only person to lead the Fed, the Treasury, and the White House Council of Economic Advisors, Yellen is now being inducted into the National Women's Hall of Fame.

Fortune

German chancellor says the U.S. 'is being humiliated by the Iranian leadership' as allies go public with discontent

Thailand’s foreign minister told The Washington Post the country is looking to Russia and China as the country grapples with an energy shock from the Iran war.

Fortune

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Fortune

Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020. Facebook alone cost users more than texts and emails combined

More than two-thirds of the total amount lost came from Meta-owned apps, according to the Federal Trade Commission.

Fortune

'He wanted to be CEO': Early OpenAI VC Vinod Khosla says Elon Musk's bid for control led to the Sam Altman feud and his major investment

The billionaire venture capitalist placed a $50 million check into OpenAI at a $1 billion valuation — and sent his own LPs an apology letter for doing it.

Fortune

Exclusive: AI-powered recruiting startup Dex raises $5.3 million seed round led by Notion Capital

Recruitment tool that aims to match scarce AI talent with tech companies gets backing from Notion Capital, with participation from a16z Speedrun, Concept Ventures and other.

Fortune

CEO of a $25.9 billion bank had his AI clone lead the company’s earnings call—as Mark Zuckerberg builds his own digital twin

An AI double of Customers Bank CEO Sam Sidhu led the company’s recent earnings call. He joins Mark Zuckerberg, Sebastian Siemiatkowski, and Eric Yuan in the AI clone trend.

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Fortune

The frontrunner in the longevity revolution was born during the Civil War

How CEO Brooks Tingle is turning John Hancock into an enabler of healthy living.

Fortune

Justin Trudeau warns AI boom could create hundreds of trillionaires—and it will mean there’s something ‘fundamentally wrong with the world’

The former Canadian prime minister warns that as AI accelerates efficiency, it could disproportionately accrue to the top 1%.

Fortune

I used Claude's new Dispatch feature for a month. Here's everything I was able to do

The new AI feature is less “chatbot on your phone” and more a way to send your computer errands while you’re away.

Fortune

Sam Altman apologizes to Canadian town where OpenAI failed to alert police about a mass shooter

OpenAI employees reportedly debated whether to flag the Tumbler Ridge shooter to authorities but decided not to.

Fortune

OPEC shocker as UAE leaves oil cartel days after negotiating swap lines with Scott Bessent’s Treasury

The petrodollar saga is taking another twist. The long, slow unraveling of the architecture that has governed global finance since 1974 continues.

Fortune

Disney's $60 billion bet on the one thing AI can't replace

Disney’s CEO is facing an existential crisis brought about by an emerging technology. The year was 1955, the CEO was Walt Disney and the tech was television.

Fortune

Ten years after Ethereum's DAO disaster, it's time to try again

In 2016, a computer scientist foresaw how naive design choices in the original DAO could wreck Ethereum. Things are different now, he says.

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