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The Latest Breaking News from Fortune

Larry Ellison surpasses Elon Musk as world's richest person after Oracle's stock gives him a $101 billion net worth boost

Musk held the title of world’s richest person for 300 days.

Fortune

Here are the main features you're sacrificing if you buy Apple's new ultra-thin iPhone Air

It's the boldest iPhone design in years. But it doesn't come without some compromises.

Fortune

e.l.f. Beauty's CDIO says she's responsible for AI's foundation, but that these tools aren't an IT mandate

Ekta Chopra, the chief digital information officer of e.l.f. Beauty, acts as a champion of generative AI and helps make it pervasive across the company with AI tools that can assist employees with research inquiries, IT requests, and data analytics.

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Las Vegas mayor says the city is suffering from a serious drop in Canadian tourists: 'We need you, and we miss you'

Shelley Berkley echoed worries from last month when she said traffic from Canada and Mexico has "gone from a faucet to a drip."

Fortune

For OpenAI’s chief revenue officer, research chops rather than ‘big marketing efforts’ are key to winning customers

At Fortune Brainstorm Tech, OpenAI chief revenue officer Ashley Kramer says keeping rivals at bay will take more than flashy marketing.

Fortune

Jamie Dimon says economy is 'weakening' but even he can't make sense of all the different data: 'Maybe, one day, AI will fix that problem'

The economy produced nearly a million less jobs than first thought. "Whether that is on the way to recession or just weakening, I don’t know," Dimon told CNBC.

Fortune

Amazon-owned Zoox launches free, limited public service in Las Vegas

The launch of public service will get Zoox one step closer to a paid commercial launch by the end of 2025.

Fortune

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I’ve been researching generative AI for a decade, and I’m tired of the consciousness debate. Humans barely understand our own

The hard fact is that we do not understand consciousness. Not in humans, not in animals, and not in machines.

Fortune

'Human skills' are at a premium again now that big companies are backpedaling on error-prone AI

“What I'm seeing happening is the humans are coming back into the loop," Kelly Monahan, MD of the Upwork Research Institute, told Fortune.

Fortune

Tapestry doubles down on Gen Z and growth: New strategy targets $4 billion in shareholder returns, says CFO

Millennials and Gen Z are increasingly choosing Tapestry's luxury brand Coach.

Fortune

‘We’ve never had a fundraising deck’: Here’s where venture capital stands now and where it’s going next

VCs debate whether we are in an AI bubble—and what the next few years will look like.

Fortune

S&P 500 will hit 7,000 by early 2026, JPMorgan argues, as stocks climb ‘wall of worry’

Here’s why stock investors seem to love trouble so much.

Fortune

Apple's iPhone Air impresses fans, but not investors

Apple's shares drifted lower after its 'awe-dropping' hardware event. Meanwhile, markets await the Klarna IPO.

Fortune

Wealthier Americans are more worried about rising unemployment than any other income group, NY Fed finds, as fear of 'white-collar recession' grows

“Looking at the spread and the difference between these groups is suggesting, boy, we're on very different pages as to what the future holds,” one economist said.

Fortune

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Jamie Dimon isn’t convinced by the market’s theory that huge job revisions aren’t a recession indicator

“Hopefully things will be okay, but you do see that kind of weakening,” he said.

Fortune

This 30-year-old CEO says his AI negotiator can successfully haggle down the price of a car by thousands of dollars

For an industry built on asymmetry and adversarial relationships, AI can be a powerful tool to help you get the car you want at the right price.

Fortune

CuspAI, startup building AI models for chemistry, raises $100 million Series A

The round, which values CuspAI at a reported $520 million, is being led by NEA and Temasek, with Nvidia's NVentures, Samsung, and Hyundai Motor Group also participating.

Fortune

Twilio CEO interviews candidates for 45 minutes over dinner—he’s listening for one word in particular, and you’re not hired if you say it too much

EXCLUSIVE: Twilio CEO Khozema Shipchandler warns job seekers two common interview mistakes could cost them the job: skipping questions—or leaning too hard on “I.”

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Fortune

CEOs at Brainstorm Tech in Park City reveal what’s holding them back in AI and trade

Also: All the news and watercooler chat from Fortune.

Fortune

The CEO of U.S.-made electric truck company Slate says removal of EV tax credit is ‘opening up capacity’ from battery suppliers

The buzzy new EV company said it is evaluating whether that may be able to help the company offer better pricing.

Fortune

Robinhood says its latest product will fix social media trading

Robinhood is launcing a version of "copy trading" next year that will require users to verify the information.

Fortune

Why Walmart's CEO says AI won't lead to lower headcount

AI will create jobs to replace those it eliminates at Walmart.

Fortune

Tylenol maker's stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a 'major overreaction'

Canaccord Genuity went on social media to gauge the reaction. Even the MAHA crowd was mixed on this one.

Fortune

Tesla bull Dan Ives now chairs a company hoarding a Sam Altman-linked cryptocurrency. He's not the only big name to enter the treasury race

Digital asset treasury companies increasingly turn to Wall Street celebrities to stand out in a crowded field.

Fortune

The U.S. economy actually grew by nearly a million fewer jobs than previously thought, and it shows 'AI is automating away tech jobs,' economist says

"The revision shows the economy entered 2025 with less momentum than previously understood,” said Bill Adams, Chief Economist at Comerica Bank.

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