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The Latest Breaking News from Fortune

Multi-round layoffs come at a high cost. Here’s what the survivors have to deal with

It sends a message to all the remaining employees: You could be next.

Fortune

Top economist Tyler Cowen's theory that explains your workers 'really are doing less': A ‘serious crisis of morale’

Your employees could be less productive because the last three years were just such a huge bummer, the influential blogger and columnist wrote.

Fortune

Omega says three staffers were involved in criminal plot to sell ‘Frankenstein’ fake Speedmaster watch

The auction house which sold the piece said it is "most concerned" to have been targeted by "organized criminal activity".

Fortune

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Gen Z founder reveals old-fashion sales trick helped him rake in 6-figures in first 6 months

Charles Robinson founded Gelcard at 19 after dropping out of a prestigious London university after just 2 weeks.

Fortune

Brands that get caught up in the culture wars don’t know themselves–or their customers

What insights did other CEOs gain from the prolonged Bud Light uproar? Apparently, not much.

Fortune

These Fortune 500 companies earn top marks for leadership

For the third year in a row, Fortune partnered with Indiggo to publish the ROL100 ranking.

Fortune

The 'Elon Paradox': He sells Teslas–but you'd expect him to drive a Ram. Here’s what your car says about your politics

More than any other consumer purchase, your car choice–much like your vote–is an expression of your personality, values, and yes, even your politics.

Fortune

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Coinbase and Binance each see net outflows of more than $1 billion in 24 hours after SEC suit

Following the Binance suit, the SEC filed a separate lawsuit against Coinbase just one day later.

Fortune

Salesforce is luring workers back to office with $10 per day to local charities

A Salesforce executive told staff that for each day they come into the office from June 12 to June 23, the company will donate $10 to a local charity.

Fortune

Haun Ventures leads $10 million funding round for Web3 gaming startup Argus Labs

Argus is developing infrastructure to help Web3 developers build games more quickly.

Fortune

Harvard’s future of work professor sees A.I. killing off one job in particular

The future looks “a lot less dull and a lot less routine” and will rely plenty on human brain power, Joseph Fuller tells Fortune.

Fortune

Meanwhile, a Bitcoin life insurer backed by Sam Altman and Google’s VC fund, raises $19 million at $100 million valuation

It’s “a life insurance company for the crypto economy,” Zac Townsend, cofounder and CEO, told Fortune.

Fortune

The woman behind Meta's advertising machine

Nicola Mendelsohn rose through Meta's ranks while navigating an extraordinary personal challenge: incurable cancer.

Fortune

America can’t fulfill its purpose if we backslide on diversity, equity, and inclusion

Perhaps the most important reason why companies should step up to create and foster DEI goes beyond corporate walls and immediate business goals.

Fortune

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Fortune

An Oregon city hoped Google would save its economy. Years later, some residents call the tech giant 'Voldemort'

Google's tax dollars and jobs have boosted The Dalles. But the company’s insistence on secrecy is making residents uneasy.

Fortune

I quit my "cushy job" to launch a liquor company and sold it for millions

Carter Reum gave Fortune a detailed breakdown of his career, including what he learned on his journey toward success.

Fortune

Cboe Digital receives approval to expand crypto futures products for Bitcoin and Ether, calls it 'a win for the US industry'

The approval marks another victory for traditional financial firms in the crypto space.

Fortune

‘My life has been disrupted’: Atomic Wallet users lose more than $35 million in hack

The largest individual loss was approximately $8 million, according to blockchain sleuth ZachXBT.

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Fortune

New Barbie movie really did cause a global pink paint shortage

The paint company that supplied the movie starring Margot Robbie and Ryan Gosling said it gave the film everything it had.

Fortune

A blog post detailed a Sam Altman freakout about a huge chips shortage threatening OpenAI. Then it was taken down

The OpenAI CEO and cofounder also said the company has no plans for consumer-facing products beyond ChatGPT.

Fortune

Women hold 10% of Fortune 500 CEO jobs, a sign that companies recognize the value of diverse leadership

Twelve Fortune 500 companies brought on new female CEOs in the past year.

Fortune

GV promotes 4 new general partners

“There’s no way to hide behind the opaqueness of the private markets for a crypto fund with token holdings,” PitchBook’s Robert Le said.

Fortune

How the 'Amazon of Asia,' founded by a Harvard dropout, landed on the Fortune 500

Newly-profitable Coupang, which serves customers in South Korea and Taiwan, joins the Fortune 500 list at No. 195.

Fortune

Oil, health care, Texas are winners on this year's Fortune 500

Oil company ExxonMobil surpassed Apple to hit No. 3 on this year's ranking of the largest U.S. companies by revenue.

Fortune

A brief history of zero-knowledge proofs, the buzzy mathematical technique that’s taken crypto by storm

"Zero knowledge proofs are going to become a fundamental part of humanity’s infrastructure,” says Zooko Wilcox, cofounder of Zcash.

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