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The Latest Breaking News from Fortune

Tom Freston, the beat-poet exec who made MTV cool for 20 years, sees ‘really nothing in it for the consumer’ from Netflix, Warner, or his old company

The ex–Viacom and Paramount chief is as proud of his new book as he is aghast at MTV leadership: “They’ve run it into the ground over the last 15 years.”

Fortune

Is AI really killing finance and banking jobs? Experts say Wall Street’s layoffs may be more hype than takeover—for now

“I think there’s a little bit of smoke and mirrors there,” said NYU Stern’s Robert Seamans.

Fortune

Shield AI’s new CEO says the $5.6B defense tech startup is at an inflection point

After eight months spent tweaking its surveillance drone in Ukraine, demand for Shield AI’s V-BAT is ramping up in Europe and Asia.

Fortune

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'They'll lose their humanity': Dartmouth professor says he's surprised just how scared his Gen Z students are of AI

A lot of Scott Anthony's students are excited to use AI, he told Fortune, but a meaningful portion are "scared full stop." They have "hesitation and fear."

Fortune

Gen Z is open minded about blue-collar work and the Fords of the economy need them — but both sides are missing each other

Clinton Crawford, an automotive technician, said college was pushed on his kids. “That’s good, if that’s for you, but I don’t think it’s for everyone.”

Fortune

Sam Altman says he's '0%' excited to be CEO of a public company as OpenAI drops hints about an IPO: 'In some ways I think it'd be really annoying'

Reports of OpenAI’s plans to go public coincide with Altman declaring a “code red” for the company, something he said he plans to do multiple times in the foreseeable future.

Fortune

Roblox CEO David Baszucki went from window cleaner to billionaire tech leader. He says a secret to success has been trusting his gut

Well-meaning advice nearly derailed David Baszucki’s career. The billionaire video game founder learned the hard way that following your gut is the best path to success.

Fortune

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Exclusive: Cursor acquires code review startup Graphite as AI coding competition heats up

The deal gives Cursor, currently valued at $29 billion, more code review and debugging capabilities.

Fortune

BP's C-suite milestone: Women in both the CEO and CFO seats

Woodside Energy leader Meg O’Neill will join BP as CEO, alongside finance chief Kate Thomson.

Fortune

Inside OpenAI’s ‘code red’

Fortune’s tech team recently dove into what’s going on behind the scenes at OpenAI.

Fortune

The CEO behind the world’s top sleep and meditation app says most leaders are operating at ‘about 20%’ without a ‘fully recharged’ battery

David Ko noted most executives will say they’re good when you ask how they are. Some additional interrogation suggests the opposite is true.

Fortune

BBDO International CEO: The biggest risks are the ones not taken

Also: All the news and watercooler chat from Fortune.

Fortune

The new American Dream has parents easing up on college expectations for their kids: 35% are now open to trade school instead

“Parents are waking up,” one career strategist says. “College doesn’t carry the same [return on investment] it once did.”

Fortune

Walmart’s women truckers surge thanks to $115,000 starting pay and other perks bringing in nontraditional candidates

Women make up an estimated 18% of Walmart’s truck drivers, compared to 9.5% in the industry generally.

Fortune

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news in one place.

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Fortune

How Salient, an AI loan processing startup valued at $500 million, grew ARR to $25 million in two years

Salient cofounder Ari Malik built AI to automate loan servicing, turning collections calls into a high-growth business now valued around $500 million.

Fortune

Trump says $1,776 'warrior dividends' were made possible partly by tariff revenue, which still lags $100 billion behind what the White House expected

The one-time check to military personnel will cost the administration $2.6 billion.

Fortune

Her two Gen Z children have starred in her films, but Oscar award-winning actress Kate Winslet says nepo baby allegations are ‘silly’

Actress Kate Winslet’s Gen Z children are following in her footsteps in Hollywood—but she’s adamant the Winslet name isn’t opening any doors for them.

Fortune

PayPal CEO Alex Chriss says stablecoins will be key as his company navigates the ‘classic innovator's dilemma’

The nearly-three-decade-old firm is incorporating dollar-backed tokens across its business verticals, say PayPal executives.

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news in one place.

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Fortune

Top AI defense CEO sees China planning for a 'very protracted conflict' and the U.S. running out of weapons in 7 days

U.S. weapons systems are also likely difficult to mobilize in case of a conflict.

Fortune

A 24-year-old CEO convinced his parents to open a custodial account in second grade. He fears meme stocks inflate Gen Z’s dreams of getting rich quick

A recent survey led by his company shows the majority of Gen Zs believes investing is a better way to reach their financial goals than a nine-to-five job, even if they don’t know how it works.

Fortune

New York rent is so expensive this hybrid-working intern commuted by plane once a week—and it saved her thousands

Sophia Celentano's extreme weekly commute to Newark from South Carolina went viral on TikTok.

Fortune

AI governance becomes a board mandate as operational reality lags

Fortune 500 companies are racing to formalize AI oversight.

Fortune

Want a job in AI-era tech? Forget prestigious degrees—tech leaders want to see your GitHub projects and internships

As entry-level tech hiring slows, one CEO warns avoiding AI skills would be like “taking crazy pills”—and says Gen Z must show real proof of ability.

Fortune

Fed chair contender Christopher Waller says weak jobs data is strengthening the case for more rate cuts: ‘AI is stalling hiring'

Also: All the news and watercooler chat from Fortune.

Fortune

Amazon CEO Andy Jassy announces departure of AI exec Rohit Prasad in leadership shake-up

Prasad’s exit comes after Amazon struggled to show its internal AI efforts could match those of rivals—and just as reports surface that Amazon is discussing a big investment into OpenAI.

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