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The Latest Breaking News from Fortune

Problems disappeared when I let them go: Bolt’s Ryan Breslow explains why he laid off his entire HR team

Bolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to revive the fintech company. He stated that the HR team created non-existent problems and that the company had developed a culture of entitlement, necessitating a return to a…

The Economic Times

Kevin O'Leary Says Content Creators Are Now More Valuable Than Engineers — And Some Already Earn $500K

Shark Tank's Kevin O'Leary says social media creators in his companies now earn up to $500,000 a year as AI reshapes which skills are most valued.

International Business Times UK

Bolt’s cofounder killed its HR department. This CEO says people management is key to thriving in the AI age

Also: All the news and watercooler chat from Fortune.

Fortune

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Top economist Tyler Cowen on the biggest problem of the AI age: not mass unemployment but adjusting to a new reality

"I think for the vast majority of Americans, it will actually feel more normal, maybe happier," Cowen said. But lawyers and bankers are in for a shock.

Fortune

'SpaceX is his new baby at the expense of Tesla': Elon Musk’s IPO could be bad news for his EV maker, investors warns

SpaceX will reportedly allocate 30% of shares to retail investors, betting on the CEO’s loyal base of investors—and putting Tesla under more scrutiny.

Fortune

Ro Khanna blames 'clueless' boomers for Gen Z booing AI: They handed over a ‘broken economy'

"Young people are anxious, that they're economically frustrated, and they view AI with deep anxiety and suspicion, not as some kind of great thing."

Fortune

The Midwest is leading America's spring housing rebound because of 'buyers who are actually showing up,' Realtor.com says

Kansas City, Louisville, and Indianapolis are powering the strongest spring housing market since 2022 as buyers chase affordability in the Midwest away from a cooling Sun Belt.

Fortune

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MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list

“MacKenzie Scott is among the notable absences on the Philanthropy 50 list,” the Chronicle of Philanthropy said.

Fortune

The SpaceX IPO is a referendum on Elon Musk and his plan to colonize Mars

Also: All the news and watercooler chat from Fortune.

Fortune

MacKenzie Scott donated billions, more than Jeff Bezos’ lifetime giving, but still missed top donor rankings. Here's why

Billionaire philanthropist MacKenzie Scott's massive 2025 donations, exceeding $7 billion, surprisingly excluded her from a top donor list. Her donations last year exceeded the lifetime charity done by her former husband, Jeff Bezos. The Chronicle of Philanthropy cited a lack of transparency regarding funds channeled through donor-advised funds. Despite her…

The Economic Times

Ex-Facebook exec Sheryl Sandberg tells Gen Z the 10-year career plan is dead thanks to AI: 'Don't script your career when the future is uncertain'

The former Meta says rigid career plans will backfire: "If I had one, I would have missed the internet," Sheryl Sandberg warned Gen Z.

Fortune

Vice President JD Vance rebuffs question about President Trump’s stock investments, says Trump is so wealthy he doesn’t trade stocks himself

Trump recently bought shares of Palantir, Dell, and Micron—all companies he has publicly praised.

Fortune

BOLT CEO Claims Company Became More Efficient After Cutting Entire HR Division

Bolt CEO Ryan Breslow removed the HR department, claiming it caused unnecessary issues. The fintech company is restructuring after a valuation decline, focusing on efficiency and a leaner workforce.

International Business Times UK

Antler CEO Magnus Grimeland says Silicon Valley doesn't have a monopoly on tech: 'People can innovate from almost anywhere'

Antler positions itself as a “day zero” investor, meaning it backs founders from the very start, before they’ve even started building their businesses.

Fortune

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Fortune

Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay

Syndio’s CEO and the founder of Salary Transparent Street told Fortune workers aren't just demanding to know what their colleagues earn—they want to know why. Most employers can't tell them.

Fortune

80% of companies have an immigrant in a top leadership role—Trump's visa crackdown is forcing them to make a 'plan C,' says immigration expert

Last year, Apple and Google told employees on visas to not leave the U.S. to avoid the risk of getting stranded in another country.

Fortune

Trump's EEOC chair is suing The New York Times because 'we should bring it on behalf of white workers too'

"I think it's important for us to bring cases on behalf of the full rainbow of workers that come before us," Andrea Lucas told Fortune.

Fortune

A senior comms exec says your AI notetaker could be your company's biggest liability

Arielle Patrick, a managing partner at Upland Workshop, told Fortune AI notetakers risk leaking confidential information—or even getting the facts wrong.

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news in one place.

100's of premium titles.
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Fortune

Accenture exec says the consulting giant is hiring more entry-level workers out of college compared to last year

As some employers reel back their entry-level hiring, Accenture’s global chief diversity officer, Beck Bailey, says the consulting giant is only ramping up its acquisition of Gen Z talent.

Fortune

Meet the brothers who turned a homegrown AI agent into a $12 million bet on the future of work — in six weeks

NanoCo's Gavriel and Lazer Cohen are the brothers behind the first AI agent "claw" company to raise real money.

Fortune

America's new AI map shows something surprising: 'A lot of normal people are adopting AI'

Microsoft's U.S. AI diffusion report finds the technology spreading into college towns, Sun Belt suburbs, and small businesses that didn't exist years ago.

Fortune

The definitive guide to trade wars just dropped. Its authors have one message for Washington: Study your enemy

Soumaya Keynes and Chad Bown spent years podcasting about trade before this book. They think the U.S. needs to get comfortable with unAmerican economics.

International Business Times UK

'Fired HR, Problems Disappeared': Bolt CEO Claims HR Was Creating Problems That 'Didn't Exist'

Bolt's CEO Ryan Breslow navigated a dramatic 97% valuation drop, reshaping the fintech's culture by eliminating HR and implementing strategic layoffs.

Fortune

Circle cofounder raises $30 million for Series A ‘AI-native bank’ Catena Labs

Sean Neville’s startup aims to build banking tools especially designed for AI agents.

Fortune

Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk

The complaint follows a parent who lost her son to people who groomed him on the platform.

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