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The Latest Breaking News from Fortune

Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on

Zuckerberg once framed the metaverse as the “successor to the mobile internet.”

Fortune

Construction workers are earning up to 30% more and some are nabbing six-figure salaries in the data center boom

Trade workers on average are earning almost $10 more each hour working on data center projects compared to peers on other jobs, experts say.

Fortune

Netflix cofounder started his career selling vacuums door-to-door before college—now, his $440 billion streaming giant is buying Warner Bros. and HBO

Self-made billionaire Reed Hastings went from a teenage vacuum salesman and Peace Corps volunteer to founding Netflix. Now, his $440 billion streaming giant is buying Warner Bros. and HBO.

Fortune

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Apple is experiencing its biggest leadership shake-up since Steve Jobs died, with over half a dozen key executives headed for the exits

The exodus of top talent spans critical divisions from AI to design, legal affairs, environmental policy, and operations.

Fortune

MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone

These gifts are a “major source of encouragement” during uncertain times for higher education.

Fortune

Netflix co-CEO Ted Sarandos credits a video store job for launching his career—and cherishes this lesson from Tony Bennett

“It was an MBA course and film school all wrapped up into one for me,” he said.

Fortune

Netflix’s bombshell deal to buy Warner Bros. brings Batman and Harry Potter to the big red streamer and infuriates theater owners and the Ellisons

Just days before Netflix emerged as the highest bidder, Paramount tore into the “myopic process” that had become “tainted.”

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Elon Musk and Bill Gates are wrong about AI imminently replacing all jobs. ‘That’s not what we’re seeing,’ LinkedIn exec says

Elon Musk may predict a jobless future, but LinkedIn’s latest hiring data shows demand rising, not collapsing. That will be music to Gen Z’s ears.

Fortune

Affordability isn’t enough. Fast casuals need a fandom-first approach

In today’s experience economy, people don’t just choose meals; they choose meaning. Chains function less like restaurants and more like sports teams.

Fortune

Turning public companies into private companies: the SEC’s retreat from transparency and accountability

If we want public markets worthy of the 21st century, we need more sunlight, not less.

Fortune

Gen Z fears AI will upend careers. Can leaders change the narrative?

New Harvard polling shows most young workers expect AI to reduce job prospects.

Fortune

Four key questions about OpenAI vs Google—the high-stakes tech matchup of 2026

OpenAI claimed the AI crown three years ago with the launch of ChatGPT, but as Google turns up the competitive heat, Sam Altman must prove there's more than first-mover advantage behind a $500 billion valuation.

Fortune

Facing a vast wave of incoming liquidity, the S&P 500 prepares to surf to a new record high

With fresh money on the horizon it is unsurprising that the markets have shrugged off their worries about AI and Bitcoin.

Fortune

Ray Dalio says ‘a little bit of everything’ is needed to prevent a debt crisis—but it won’t happen anyway

Bridgewater Associates founder Ray Dalio said averting the $38 trillion national debt crisis requires bipartisan support—which will never happen.

Fortune

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Treasury Secretary Bessent insists Trump’s tariff agenda is ‘permanent,’ saying the White House can re-create it even with a Supreme Court loss

Using various other justifications, the White House can implement its tariffs regardless of a Supreme Court loss, said Scott Bessent.

Fortune

Nintendo's 98% staff retention rate means the average employee has been there 15 years

Also: All the news and watercooler chat from Fortune.

Fortune

Before running the world’s most valuable company, Jensen Huang was a 9-year-old janitor in Kentucky

“It’s hard not to love this country,” Huang said. “It’s hard not to be romantic about this country.”

Fortune

The workplace needs to be designed like an 'experience,' says Gensler's Ray Yuen, as employees resist the return to office

Employees don't want to return to the office. That poses a challenge for workplace designers like Yuen.

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Fortune

How a Texas gas producer plans to exploit the ‘megatrend’ of power plants for AI hyperscalers

BKV is growing both its shale gas and power generation footprints to attract AI data center campuses.

Fortune

Luxury hotels need to have ‘a point of view’ to attract visitors hungry for experiences, says designer André Fu

Fu and Swire Hotels deputy chairman Toby Smith discuss design and “quiet luxury” at Fortune Brainstorm Design.

Fortune

America, meet your alienated youth: ‘Gold standard’ Harvard survey reveals Gen Z’s anxiety and distrust, defined by economic insecurity

The Harvard Youth Poll pulls back the curtain to reveal a generation defined by widespread distrust in the economy.

Fortune

Dollar Tree says the majority of its new customers earn at least $100,000 a year

Rich people are flooding dollar stores as Americans navigate a crushing affordability crisis.

Fortune

‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida

Signed contracts for Manhattan homes over $4 million skyrocketed 25%; “the idea that people would flee New York was overblown,” said realtor Donna Olshan.

Fortune

Battle for sports betting market heats up as Polymarket announces return to the U.S.

The prediction market giant rolls out mobile platform almost four years after regulators banned it from the U.S.

Fortune

Tariffs and the $38 trillion national debt: Kevin Hassett sees ‘big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’

The favorite to become Fed chair says tariffs are an important part of Trump’s economic policy and behind “a lot of the revenue coming into the Treasury.”

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