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The Latest Breaking News from Fortune

The IPO market is booming—and more big listings like Klarna and StubHub could come this fall

More companies have gone public this year than any time since 2021.

Fortune

Google advertising exec oversees rapid change

Vidhya Srinivasan led Amazon Web Services' first cloud data centers launches before taking on a pivotal transformation at Google.

Fortune

DeFi company Blueprint Finance raises $9.5 million from Polychain Capital

The company will spend the money raised in this round on hiring, engineering and marketing.

Fortune

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How to talk to employees about potential ICE raids

As President Donald Trump increases the pressure on ICE to make more arrests, employers should be able to communicate with an anxious workforce.

Fortune

Leading AI models show up to 96% blackmail rate when their goals or existence is threatened, an Anthropic study says

Anthropic emphasized that the tests were set up to force the model to act in certain ways by limiting its choices.

Fortune

Harvey raises $300 million at $5 billion valuation to be legal AI for lawyers worldwide

Legal LLM Harvey has raised a $300 million Series E at a $5 billion valuation.

Fortune

Gen Z's job ladder isn’t breaking because of AI—but it’s evolving, says LinkedIn COO

LinkedIn COO Dan Shapero told Fortune in Cannes: “Navigating the transition to an AI economy is probably going to be the issue of the next decade."

Fortune

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MIT researcher shares key lessons from over 100 AI prompt-a-thons

It's about thinking and collaborating more intelligently with AI, Michael Schrage said.

Fortune

As Trump floats regime change to ‘Make Iran Great Again’, Deutsche Bank warns Europe has drawn the short straw in escalating conflict

Europe may have drawn the economic short straw after the U.S. intervened in Middle East tensions, while JPMorgan warns the volatility may be set to last.

Fortune

How a dental hygienist from the Midwest became a Fortune 500 CEO

Terry Rasmussen’s path to CEO of Thrivent Financial is anything but traditional.

Fortune

Trump’s threat of ‘regime change’ in Iran is being greeted with calm and enthusiasm by the markets

Investors are unconcerned about major oil disruptions, reasoning that Iran is unlikely to close the Strait of Hormuz and harm its own economy.

Fortune

Move over, Magnificent 7: Goldman Sachs proposes the 'Prom 10,' China's top stocks including Tencent, Alibaba and BYD

Goldman Sachs recently highlighted 10 different Chinese stocks that it thinks are best poised for growth. Together, they make up the “Prominent 10."

Fortune

A 1-day class early in this CEO's career made him 'maniacal' about time management—and freed him up to coach baseball

“It was a game changer for me,” said Ryder System CEO and chairman Robert Sanchez.

Fortune

Booz Allen Hamilton CEO: ‘It’s good to have options in dealing with Iran’

Also: All the news and watercooler chat from Fortune.

Fortune

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Fortune

Dow futures drop 150 points while oil prices jump after the U.S. bombs Iran's nuclear sites and widens Mideast conflict

"It will take some time for this conflict to settle, but the market will view the worst is now in the rear-view mirror," Dan Ives wrote.

Fortune

U.S. attacks on Iran resemble a ‘TikTok-style war’ and may be peak military involvement, geopolitical expert says

“And then it’s not the U.S. and ongoing war. Rather it’s a big win. It’s not peace, but it’s a big win for Trump. And it’s an even bigger win for the Israeli prime minister.”

Fortune

JD Vance says Iran is ‘clearly not very good at war’ and should seek peace while declaring the U.S. has ‘no interest’ in ground troops

“Perhaps they should follow President Trump‘s lead and give peace a chance,” Vance said.

Fortune

Bitcoin plummets below $100,000 after U.S. strikes Iran nuclear sites

The broader crypto market has also tanked, dropping 7% over the past 24 hours.

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Fortune

Inside the rise of Alexandr Wang and Meta’s $14 billion bet that the MIT dropout will help bring AI supremacy

Wang turned Scale AI into a vital piece of the AI revolution, and briefly claimed the title of youngest self-made billionaire in the process. Now Meta’s Mark Zuckerberg is paying up to bring him in-house.

Fortune

Oil prices could spike 10% after the U.S. attack on Iran — 'But don’t be fooled, this may not last'

Based on the closing price of Brent crude on Friday, a 10% jump would send the global oil benchmark to nearly $85 per barrel.

Fortune

Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

Fortune

Wealthy business-owning Trumpers are clashing with MAGA purists over who should get deported

President Donald Trump’s promise to deport a record number of people is running into economic reality: Many have critical jobs in the food chain.

Fortune

This millennial was rejected from 200 jobs—now he makes millions charging wealthy families six-figures to get their kids into the Ivy Leagues

Meet the millennial admissions consultant charging up to $750,000 to help students get into Harvard, Stanford, and MIT.

Fortune

Scale AI’s 30-year-old billionaire has a warning for anyone who craves work-life balance: ‘maybe you're not in the right work’

What if instead of walking out on jobs that don’t provide work-life balance, Gen Z and millennial workers should leave the jobs that make them crave it instead? That's what Lucy Guo, the youngest self-made female billionaire, advices.

Fortune

Why Volkswagen is convinced Waymo and Tesla are vulnerable in the $500 billion robotaxi race — 'not a winner take all market'

Instead of Big Tech's approach of competing against existing transportation providers, Volkswagen aims to work alongside them as a partner.

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