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The Latest Breaking News from Fortune

Elizabeth Holmes' attorneys paint a dark picture of venture capital as her sentencing looms

An “ardently resilient optimist” can actually do a lot of damage.

Fortune

Exclusive: Leaked documents Sam Bankman-Fried used for fundraising in 2021 and 2022 show FTX revenue soared nearly 6,600% in two years but leveled off this year

Fortune reviewed two sets of spreadsheets, one dated December 2021 and another dated June 22, 2022, that showed FTX's astounding growth before its sudden crash.

Fortune

Staff shortages are crippling childcare, and there’s no end in sight

Seven in 10 childcare centers don’t have as many open slots as they’d like right now. The primary reason? They can’t find enough staff.

Fortune

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‘Bunch of cowards’: The Twitter engineer reportedly fired by tweet speaks out about Elon Musk’s reign

An engineer who worked at Twitter for over eight years was fired after criticizing Musk.

Fortune

These 28 housing markets just slipped into a historically sharp home price correction.

Fortune

The biggest and fastest net-worth losses of our time

While Sam Bankman-Fried lost his whole fortune last week, he's not the first billionaire to see a dramatic drop in net worth.

Fortune

Fortune's 40 Under 40 list highlights women to watch in the years ahead

Fortune's 40 Under 40 list features a who's who of women business leaders, including Call Her Daddy podcast host Alex Cooper and Susan Li, Meta's new CFO.

Fortune

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I was a lead author on the climate report that won Al Gore the Nobel Prize. Here’s what we know now that we didn’t know then

Climate scientists and economists have been too conservative in their estimates of the impact of climate change, writes David Schimel.

Fortune

Is the collapse of Bankman-Fried's FTX crypto empire the end of Effective Altruism?

The one-time billionaire was closely associated with Effective Altruism. Now some fear for the movement's future.

Fortune

The rise and fall of FTX and Sam Bankman-Fried: The 30-year-old who built a $30 billion empire in 3 years—and burned it down in 48 hours

The demise of the founder, who was seen as a benevolent and stabilizing force in crypto, has left his supporters and enemies with unanswered questions.

Fortune

I spent my entire career reporting on the world’s most powerful working mothers–but I am not prepared for maternity leave. Here’s why

Caroline Fairchild has interviewed Melinda Gates, Sheryl Sandberg, and Indra Nooyi about the struggles of working women. That didn't prepare her for maternity leave.

Fortune

Jeff Bezos is taking a page out of the Bill Gates playbook with vow to give away most of his billions

The Amazon founder said he’ll give away the fortune that made him the world’s richest man for years. He was pretty vague about how.

Fortune

Student loan borrowers want Biden to extend payment pause

Millions of borrowers are left frustrated and confused about what will happen to their debt and how much they will owe.

Fortune

Someone stole $400M from FTX over the weekend. Here’s what we know so far

On Friday night, news began to filter in that hundreds of millions of dollars were flowing out of FTX wallets.

Fortune

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Fortune

The latest on Solana, Serum, other ‘Sam coins’ amid FTX fallout

Solana, Serum, and other “Sam coins” are struggling in the wake of FTX’s implosion.

Reason

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

Fortune

How everyone fell for SBF—including me

Too many of us fell for SBF’s great story—and at some point stopped checking references.

Fortune

Silicon Valley braces for the legal fallout from FTX

With so many affiliated companies, so many creditors, so many customers, and jurisdictions in different countries, one legal expert calls this a “maze of issues.”

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Fortune

Binance says 'proof of reserves' can restore trust in the crypto industry. What does that mean?

As the crypto industry faces a crisis of confidence, insiders argue over how to restore trust—and avoid a regulatory crackdown.

Fortune

California Gov. Newsom: ‘Ideological attacks on ESG investing defy the free market–and taxpayers are losing out. Here’s why we consistently beat Republican-led states in nearly every economic category’

California Gov. Gavin Newsom says governors like Ron DeSantis of Florida are going against free enterprise and capitalism for political gain.

Fortune

Fortune's 2022 40 Under 40 list is out

The standard warning applies: past performance is no guarantee of future success.

Fortune

The Pandemic Housing Bubble is bursting, says KPMG

"Once you start the process of prices falling nationally, there is a self-fulfilling momentum to it because no one wants to catch a falling knife" says Diane Swonk, chief economist at KPMG.

Fortune

A closer look at Sam Bankman-Fried’s Alameda Research and 20-something CEO Caroline Ellison

Ellison said in a podcast that working for the fund meant "a lot of adjustments" with the "most obvious big thing is that the equity markets are way more efficient than crypto markets."

Fortune

Could SBF go to prison? Here's what the Justice Department would have to prove

Any decision by the Justice Department to bring criminal charges would require the agency to show he intended to deceive investors.

Fortune

McDonald’s adult happy meal mayhem shows America’s selfish need for nostalgia right now

In tough economic times, nostalgia sells.

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